Cebu Pacific pushes back A321NEO deliveries
CEBU PACIFIC on Wednesday said it is deferring the start of delivery of 32 A321NEO units originally scheduled this year to the fourth quarter...
Local parts makers hit Toyota, Mitsubishi for ignoring small firms
TOYOTA MOTORS Philippines Corp. (TMP) and Mitsubishi Motors Philippines Corp. (MMPC) have ignored Filipino-owned parts makers “in favor of the Japanese companies” based here...
Cebu Pacific mounts 2 new flights from Cagayan de Oro
CEBU PACIFIC is set to launch two new routes from its Cagayan de Oro hub in March, as it further expands its domestic network.
In...
STI unit gets ‘Aa’ rating for P3-B bonds
STI COLLEGE scored a double “A” from Philippine Rating Services Corp. (PhilRatings) for the issuance of bonds worth P3 billion.
In a statement released on...
Malaysian mall owner woos Philippine retailers
A MALAYSIAN mall owner is trying to attract Philippine retailers offering American-style fastfood and lifestyle clothing to set up shop in the Southeast Asian...
Napocor seeks rate adjustment to recover P1B
STATE AGENCY National Power Corp. (Napocor) is seeking regulatory approval to charge electricity consumers more than P1.11 billion or a monthly equivalent of 1.34...
Victorias Milling sees lower earnings
VICTORIAS CITY, NEGROS OCCIDENTAL -- Victorias Milling Company (VMC) Inc. expects profit falling by an annual 12% this year, as sugar prices continue to...
GNPower seeks ERC go-ahead for power supply deals
TWO ENTITIES participated in by Ayala and Aboitiz-led companies are seeking provisional approval from the Energy Regulatory Commission (ERC) for separate power purchase and...
Phinma eager to continue overseas push for education business
PHINMA Corp. is advancing its expansion plans abroad particularly in the education sector, where it targets an enrollment of 100,000 students within the next...
Alsons secures ERC approval for transmission facility
THE Energy Regulatory Commission (ERC) has approved the application of Alsons Consolidated Resources, Inc. to build a transmission facility that will connect its power...
House defends perks included in telcos’ franchise bills
By Imee Charlee C. Delavin,
Senior Reporter
TELECOMMUNICATIONS companies renewing their legislative franchise can expect to get the same perks granted to other telcos, according to...
5 more Ayala malls to open within the year
AYALA LAND, Inc. is opening five more shopping centers within the year to remain on track in expanding its mall portfolio to 3 million...