The Philippine Airlines (PAL) reported a 48 percent year-on-year increase in net income to $60 million in the second quarter of 2025, marking its 15th consecutive profitable quarter. The growth was driven primarily by a 9 percent rise in passenger volume to 4.4 million, despite pressures from softening international yields.
The Clark International Airport Corporation (CIAC) on Thursday reported attracting ₱1.19 billion (US$56.71 million) in new investments in the first six months this year following its strategic rebranding as an aviation-focused development agency.
The country's total outstanding government debt stood at P16.92 trillion as of end-May 2025, reflecting a modest 0.99 percent increase of P166.20 billion from April levels, according to the Bureau of the Treasury.
The Government Service Insurance System (GSIS) has disbursed over P1.5 billion in emergency loans to more than 44,000 government employees and pensioners affected by recent calamities, including Tropical Storms Crising, Dante, and Emong.