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Monthly Archives: May 2019

Cebu Pacific

Cebu Pacific cancels more flights

CEBU PACIFIC on Tuesday said it is canceling around ten flights a day this month, as part of efforts to streamline its operations.

A century of classic designs

IN THE late 1800s, German design professionals envisioned that German companies would be as competitive as those in England, the United States, and the global market. In the 1900s, 12 artists and 12 companies joined forces to establish Deutscher Werkbund.

Property company inks deal to expand in Clark Global City

THE developer of Clark Global City (CGC) will sublease about two hectares of land to businessman Jettson Yu, who plans to build an office tower and retail hub.

Banana protest staged over removal of ‘indecent’ art

WARSAW — Around 1,000 people, many eating bananas to make their point, protested in front of Warsaw’s National Museum on Monday over a decision last week to remove artworks deemed “indecent” by the museum’s director.

Maynilad services affected by algae proliferation in Laguna Lake

MAYNILAD WATER Services, Inc. said its customers in the cities of Muntinlupa, Las Piñas, Parañaque, Imus and Bacoor will experience low water pressure to no water supply until May 14 due to “reduced water production brought about by unusual algae proliferation” in Laguna Lake.

Airlines scale down flights to Boracay

AS the government limits the number of tourists to Boracay island, some local airlines are looking at other tourist destinations to drive passenger growth this summer.

PNB eyes acquisition for consumer finance boost

PHILIPPINE NATIONAL Bank (PNB) has set its eyes on acquiring another financial institution and searching for a strategic partner in a bid to boost its consumer finance business.

Walks, talks and music: FEU’s cultural cornucopia

LAST WEEK, in a span of three days, the Philippines experienced strong earthquakes that had everyone shaking in fear, from the possibility of another quake or aftershocks. The earthquakes affected all three major island groups of the country.

BSP assessing BPI glitch

THE BANGKO SENTRAL ng Pilipinas (BSP) is still assessing the technical glitch encountered by the Bank of the Philippine Islands (BPI) as it upgraded its systems earlier this month.

RHI says still keen on selling Batangas sugar mill

ROXAS Holdings, Inc. (RHI) is negotiating with local firms for the sale of its Batangas sugar mill, after its deal with Gokongwei-led Universal Robina Corp. (URC) fell through due to regulatory restrictions.

At Amboise, Leonardo’s last years paint a picture of Franco-Italian harmony

AMBOISE, Loire Valley, France — Commemorations for Leonardo da Vinci’s 500th anniversary begin this week in Amboise, in the Loire Valley, with France and Italy setting aside recent tensions to honor the memory of the Renaissance genius in the town where he spent his final years.

Central bank to release ESG guidelines

THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to release this June guidelines incorporating environmental, social, and governance (ESG) finance in banks’ operations.
Securities and Exchange Commission (SEC) logo

SEC approves rules on social, sustainability bonds

THE Securities and Exchange Commission (SEC) has greenlit the guidelines for the issuance of social and sustainability bonds in line with regional standards.

Museo de Intramuros opens May 2

THE public can explore and learn about Philippine culture and history by visiting Museo de Intramuros in Manila which opens to the public starting May 2.
Social Security System (SSS)

SSS loan releases increase

THE Social Security System (SSS) saw a pickup in loan releases for retiree pensioners following the relaxed rules approved by the Social Security Commission.

Tokhang and talkbacks

TWO EVENTS transpired on April 16 at the PETA Theater Center in Quezon City. The first was the performance of Mae Paner (a.k.a. Juana Change) of a four-part monodrama written by Maynard Manansala and directed by Ed Lacson. The second was the talkback — a forum that followed after the curtain call where the play’s lone actor, the playwright, informants, and sources of inspiration went up the stage to answer queries from the audience.
Ninoy Aquino International Airport (NAIA)

Super consortium’s amended NAIA proposal under review

THE Department of Transportation (DoTr) said it is now reviewing the new draft agreement submitted by the super consortium seeking to rehabilitate the Ninoy Aquino International Airport (NAIA) Monday.

How PSEi member stocks performed — April 30, 2019

Here’s a quick glance at how PSEi stocks fared on Tuesday, April 30, 2019.