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‘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......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

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......»»

Category: sportsSource:  philstarRelated NewsFeb 27th, 2024

PAL stops elderly Fil-Am with COPD from flying sans oxygen tank

MANILA, Philippines — Flag carrier Philippine Airlines  stopped an elderly Filipino-American woman from flying back to the United States due to her medical condition, a US media report said. Jovita Domingo, 86, was not allowed to board a PAL flight despite showing a doctor’s certificatioon saying she was “fit to travel by air” and that.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

PAL spending P75 billion this year to support growth

Following great annual earnings reports by both Philippine Airlines and Cebu Pacific, both domestic airlines have pledged to spend a great deal of money to expand networks, buy new planes, and service existing planes......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

2GO fortifies fleet with new ships

Logistics giant 2GO Group Inc. has brought in a new vessel to cater to the resurgent demand for sea travel, as it plans to strengthen roll-on, roll-off (RORO) services to Visayas and Mindanao......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Cebu Pacific receives fuel-efficient A321 aircraft

Gokongwei-led Cebu Pacific continues to ramp up its commitment to advance sustainability and strengthen its operational resiliency amid the rising demand in air travel as it received another Airbus A321neo last Thursday......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Gokongwei-led Cebu Pacific takes delivery of brand-new A330NEO

Gokongwei-led Cebu Pacific takes delivery of brand-new A330NEO.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

BSP planning wholesale digital currency drop by 2026

The Bangko Sentral ng Pilipinas, our country’s central bank, is planning to launch a “central bank digital currency” within two years......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Commercial US spaceship lands on moon

A Houston-based company has landed America’s first spaceship on the Moon in more than 50 years, part of a new fleet of NASA-funded, uncrewed commercial robots intended to pave the way for astronaut missions later this decade. But while flight controllers confirmed they had received a faint signal, it was not immediately clear whether Odysseus,.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Envi group raises concern over Aboitiz coal expansion in Cebu

Envi group raises concern over Aboitiz coal expansion in Cebu.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Century Pacific expanding solar power capacity at GenSan plant

Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

IN PHOTOS: Balik Cebu 2024

Summary: The Balik Cebu 2024 event, hosted at the Terraces, Ayala Center Cebu, has been a prominent part of the Sinulog festival for 22 years. In collaboration with the Cebu City Government, Mactan International Airport Association, and other tourism stakeholders, it aims to welcome back balikbayans (returning Filipinos) for the grand Sinulog festival. The Balik Cebu Dinner Show offers balikbayans the complete Sinulog experience, featuring Filipino cuisine, performances by Cebuano artists, the Sinulog Mardi Gras, the presentation of Miss Cebu winners and her court, Tribu Basakanaon, and a band performance. Tickets priced at P500 can be purchased at the Balik Cebu Turista Desk by presenting a passport or proof of residence outside the Philippines. Balikbayans can also buy up to three additional tickets for non-balikbayans accompanying them. The event will take place at Ayala Center Cebu on January 18 at 6 PM. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Stop motorcycle taxi expansion, Marcos urged

Various transport groups yesterday appealed to President Marcos to stop the expansion of motorcycle taxis in Metro Manila amid the impending decision of the Land Transportation Franchising and Regulatory Board o authorize several companies as players in the pilot study......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

East Asia and Pacific to see moderate growth

The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Team Secret ready for VCT Pacific Kickoff

Fresh from winning the Asia Pacific Predator League last January 14, the lone Filipino team in the Valorant Champions Tour (VCT) Pacific, Team Secret, is ready to go head to head with the region’s top squads in the league’s second year......»»

Category: sportsSource:  philstarRelated NewsJan 31st, 2024

PAL falls to 8th place in most punctual list

Flag carrier Philippine Airlines retained its position as one of the most punctual operators in Asia Pacific, but dropped seven notches in February as Singapore Airlines zoomed to the top......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

PAL secures spot among top 10 most punctual airlines in 2023

Flag carrier Philippine Airlines secured the second spot for punctuality among Asia-Pacific airlines in December 2023, according to London-based aviation analytics Cirium......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Sinulog 2024: Modern jeepneys to ply SRP routes on Jan. 21 festival

CEBU CITY, Philippines — There will be modern public utility jeepneys (MPUJs) that will be operating on the day of the ritual showdown. This was confirmed by Lawyer Kent Franceso Jongoy, legal officer of Cebu City Transportation Office (CCTO). Jongoy said that among the issues that they encountered in last year’s Sinulog was the lack.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024