Friday, 09 May 2025, 2:51 pm
The latest
Corporate
Cebu Pacific net profit fell in 1Q, hurt by fleet expansion cost
Cebu Pacific, the budget carrier brand of the Gokongwei Group’, saw net income in the first quarter drop 78 percent to P466 million, dragged down by higher fleet and financing costs related to its fleet and route expansion.
Corporate
ACEN Australia secures access rights to energy zone
ACEN Corp., the green energy arm of the Ayala Group, said its wholly-owned unit, ACEN Australia, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for projects in New South Wales, which includes power generation from solar and wind energy.
Corporate
Top Line’s P732.6-M IPO signals new era for regional firms
The Investment & Capital Corporation of the Philippines (ICCP) has hailed the successful initial public offering (IPO) of Cebu-based Top Line Business Development Corp., calling it a milestone for regional business growth and capital markets in the Philippines.
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