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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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

JG Summit core profit soars in 2023

Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

ALI spending P100 billion for projects this year

Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

‘Philippines tourism alive again’

With more Filipinos able to afford traveling around the country and even overseas, a travel executive declared that the Philippines’ tourism industry is alive again amid continuous easing of pandemic restrictions......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Philippine firms want workers to return to the office

The Philippines has the second highest number of employers in Asia-Pacific requiring a full return to the office in the pandemic aftermath, according to tech giant Cisco,.....»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Max Eigenmann scores intenational role in film shot in the UK

Since actress Max Eigenmann wrapped up the suspense-thriller, Raging Grace, in October 2021, still at the height of pandemic, she has watched the mystery-suspense eight times, the last being only last week.....»»

Category: entertainmentSource:  philstarRelated NewsJan 21st, 2024

NAIA passenger volume exceeds 8 million in 2 months

Air travel in the Philippines is showing signs of returning to pre-pandemic levels in 2024, as the Ninoy Aquino International Airport improved its passenger footprint by 13 percent in the first two months of the year......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

‘Serenade of the Seas’ arrival restarts Subic cruise tourism program

The arrival here of GTS Serenade of the Seas, a 12-decker cruise liner operated by Royal Caribbean International, is expected to resurrect Subic’s cruise tourism program, which had gained momentum before being halted by the COVID-19 pandemic three years ago......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Hong Kong, Philippines work to enhance relations

Filipinos are slowly beginning to travel back to Hong Kong following continued efforts by the Hong Kong Economic and Trade Office to woo tourists from the Philippines, as well as renew and improve trade and economic ties between the two nations following the COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Halted by the pandemic, Philippine women’s ice hockey team plunges back to action

The Philippine women’s ice hockey team will be returning to action for the first time in years, taking part in the 2024 IIHF Women’s Asia and Oceania Championship Division 1 in Kyrgyzstan beginning next week......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

GCash now a crypto outlet for Axie Infinity

E-wallet leader GCash, in its pursuit to expand in the digital space, has found its way to Axie Infinity, the most popular play-to-earn game at the height of the pandemic......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

NEWS BRIEFS | 9 February 2024

Politics in Cagayan de Oro heats up  CAGAYAN DE ORO (MindaNews / 9 February) – Politics started to heat up here this week after former Mayor Oscar Moreno slammed Mayor Rolando Uy for accusing him of non-payment for the use of the SEARSOLIN and Manresa dormitories during the COVID-19 pandemic. Moreno said the accusations were […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Sectors revive conflict-affected Marawi public library

Cross-section efforts to reopen and convert into a “peace education facility” the Marawi City Public Library, shut as the Maute terror group laid siege to 11 barangays in the city for five months in 2017 and remained closed due the COVID-19 pandemic, are gaining headway......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Years of underinvestment to cap Philippine recovery – ING

Dutch financial giant ING has warned that underinvestment over the past years could prolong the scarring impact of the COVID-19 pandemic on the Philippine economy......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Health and Wellness Products are Booming in Cebu Amid Post-Covid Scenario

The sale of health and wellness-related products is booming in Cebu as the country continues to reel from the effects of the COVID-19 pandemic some three years ago. And this is why an exporter couple from Cebu invested in these products diversifying their existing business into a retail market for health equipment. Owners Paul and […].....»»

Category: newsSource:  metrocebuRelated NewsJan 19th, 2024

Rekindle the Flame that Made You Successful: Enjoy Your Small Business Dream

Do you remember the days during the COVID-19 pandemic when you, like thousands of Filipinos, had nothing else to do but stare at your laptop for hours on end? Do you remember that one day when something snapped in your brain and told you to get to know yourself and your passion? Then you took […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

Covid lowered life expectancy by 1.6 years worldwide — study

COVID-19 caused the average life expectancy of people worldwide to fall by 1.6 years during the first two years of the pandemic, a more dramatic decline than previously thought, a major study said Tuesday. This marked a sharp reversal during a decades-long rise in global life expectancy, according to hundreds of researchers sifting through data.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Owner of loose ostriches indicted

The owner of two ostriches that ran loose in a private subdivision in Quezon City at the height of the COVID pandemic in 2020, one of which later died due to alleged extreme stress,  was indicted and is set to undergo trial......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Young Pinoy travelers willing to splurge on experience-driven tours

As the world moves past the pandemic and the chaotic period of revenge travel, a transformative shift in travel dynamics is happening right now, especially among millennial and Gen Z travelers, according to Asia’s leading platform for experiences and travel services Klook......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024