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Over $1 billion investment to Philippines from US, says Raimondo
MANILA, The Philippines: During an official visit to Manila, U.S. Commerce Secretary Gina Raimondo has said that U.S. companies have announced investments totaling more than US$1 billion in the Philippines.In a first of its kind for the Philippines, Raimondo headed a two-day trade and investment mission that included executives from 22 companies, such as United Airlines, Alphabet's Google, Visa, KKR Asia Pacific.....»»
All over but shouting for Del Monte seniors
There’s nothing left for Del Monte to do but play its celebratory round today and formalize its coming – finally – as a Championship division winner in the Philippine Airlines Seniors Interclub tournament......»»
Del Monte pads lead to 14 points with 154 at home
Del Monte lit it up on its home course yesterday, pooling 154 points built around the three-under-par 69 worth 57 points of Romeo Jaraula to open up a 14-point lead over Canlubang after the second round of Championship division play of the 75th Philippine Airlines Senior Interclub tournament......»»
Del Monte takes command with 151; Canlubang six behind at second
Playing on its veritable home turf, Del Monte took command of Seniors action in the 75th Philippine Airlines Interclub golf tournament yesterday by pooling 151 points built behind Yoyong Velez’ two-over-par 74 worth 52 points at Pueblo de Oro.....»»
Flights to Butuan canceled over runway lighting
Philippine Airlines and Cebu Pacific flights to and from Manila and Cebu to Butuan were canceled yesterday due to a runway lighting problem at the Butuan Bancasi Airport......»»
NAIA passenger traffic grows 12 percent to 12 million in Q1
Passenger volume at the Ninoy Aquino International Airport is slowly building up, growing by 12 percent in the first quarter as airlines mounted more flights......»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
PAL prospers post-pandemic, triples profit
Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»
CAB: Expect no changes in airfares next month
Travelers planning to book a summer trip can expect airfares to remain the same in April, as the government made no changes in the fuel surcharge that airlines can pass on......»»
JetBlue is cutting unprofitable routes and leaving 5 cities
JetBlue Airways is making significant changes to its route network in response to a failed bid for Spirit Airlines. The airline has announced that it.....»»
Starlux to offer Clark-US flights
Clark International Airport will open its longest route ever in May as it is set to host flights to the US West Coast by way of Taipei through Starlux Airlines......»»
No ‘cruel summer’ for PAL as Swifties fill flights
Fans of US music royalty Taylor Swift, collectively called Swifties, can’t seem to shake off the excitement of watching her in concert as flag carrier Philippine Airlines’ bookings to Singapore went with almost no blank space in flights......»»
Southwoods rallies to rule PAL Interclub
Manila Southwoods rode on a hot start to overcome a five-point deficit and cruise to a 13-point victory in the 75th Philippine Airlines Men’s Regular Invitational at the Pueblo de Oro Golf and Country Club yesterday......»»
Marcos starts 4-day visit in Melbourne for Asean summit
MELBOURNE—President Ferdinand Marcos Jr. arrived in Australia at 7:15 p.m. (4:15 p.m. Manila time) on Sunday to start the four-day second part of his visit. He, along with the first lady Liza Araneta-Marcos and their official delegation, landed at Melbourne Airport aboard a chartered Philippine Airlines flight PR 001. He will be in Melbourne from.....»»
Eastridge leads Southwoods by 5, heading to final day
Jhondie Quibol softened Manila Southwoods’ day-long charge with a blistering seven-under-par 65 at the Del Monte Golf Club yesterday, helping Eastridge take a five-point lead into the final round of the 75th Philippine Airlines Men’s Interclub golf team championships......»»
Eastridge tames Del Monte’s home course
Eastridge drew a pair of 37s from Edison Tabalin and Ronel Taga-an to hold Del Monte at bay halfway through the 75th Philippine Airlines Men’s Interclub golf team championships yesterday......»»
‘Now is best time for PAL to sell’
This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts......»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»
PAL revives stake sale to investors
Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»
PAL golf: Southwoods braces for Eastridge challenge
Manila Southwoods is bracing for its biggest fight in its dynastic reign in the Philippine Airlines (PAL) Regular Men’s Interclub championship with Eastridge coming up as a force with a program that already beat the Carmona-based squad three months ago......»»