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Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Water crisis: Rama says this could have been prevented if…

CEBU CITY, Philippines — Cebu City Mayor Michael Rama believes that the water crisis could have been prevented. The fiasco over the management of the Metropolitan Cebu Water District (MCWD) had “definitely” affected the services of the water district, said Cebu City Mayor Michael Rama. “Definitely [the services are affected.] More cooks spoil the broth......»»

Category: newsSource:  inquirerRelated News11 hr. 26 min. ago

Lotilla dinikdik sa power crisis

Kinastigo ni Senador Chiz Escudero ang Department of Energy dahil sa pagkabigo nilang inspeksyunin ang mga power plant bago ang mga unscheduled shutdown na nagpanipis sa suplay ng kuryente sa Luzon at Visayas. The post Lotilla dinikdik sa power crisis first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 27th, 2024

Cebu City declares water crisis

The city government of Cebu yesterday declared a water crisis due to the impact of the El Niño phenomenon......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

A serious humanitarian crisis

A serious humanitarian crisis.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Sudan is on course to become the world s worst hunger crisis, with children already dying, UN says

Sudan is on course to become the world s worst hunger crisis, with children already dying, UN says.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Training program on dealing with controversies, crisis

The Center for Global Best Practices will host an SEC-accredited training program, titled “Dealing with Controversies and Crisis Communication,” on April 17, 2024 from 1:30 to 4:45 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Frasco seeks House probe on Metro Cebu traffic crisis

MANDAUE CITY, Cebu – On Valentine’s Day, Feb. 14, Deputy Speaker and Cebu 5th District Rep. Vincent Franco “Duke” Frasco filed House Resolution No. 1592 that directs the House Committees on Transportation and Good Government and Public Accountability to investigate the traffic crisis that is currently affecting Metro Cebu and identify possible solutions to said.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Vocation Month launched to address lack of priests and nuns

CEBU CITY, Philippines — There is a crisis in religious vocation and formators in Cebu are hoping to encourage more people to consider being a nun or priest by working together and reaching out to the young during this vocation month of February. There is a “crisis” in the decrease of the number of people.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Red Sea crisis could draw investments to Philippines – ECCP

The Red Sea crisis may serve as an opportunity for the Philippines to attract more European companies into the country, according to the European Chamber of Commerce of the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis

Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

PHL needs to address ‘terrible’ learning crisis – new Ateneo de Davao President

DAVAO CITY (MindaNews / 9 January) – The Philippines is facing a “terrible” learning crisis that must be addressed immediately as the country continues to fare poorly in international-scale assessments, new Ateneo de Davao University (AdDU) President Fr. Karel S. San Juan said. San Juan told reporters during a press conference on Monday that the […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Red Sea crisis exposing EU energy weakness - FT

Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday.    The rising p.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Government infrastructure spending scaled up to P121 billion

The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Government arsenal spending up 420 percent but misses production target

The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

ICT spending in AsPac reaches $1.3 trillion in 2023

Information and communications technology spending in Asia and the Pacific reached the $1.3 trillion mark in 2023, as companies increased their investments on automation and cloud to survive and thrive in the digital era......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Government urged to keep spending, avoid high surplus

The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024