Cebu Pacific says fares still lower vs pre-pandemic despite higher fuel surcharge
CEBU Pacific, operated by Cebu Air, Inc., said it is keeping its fares cheaper this year than they were in 2019, or before the pandemic, in an effort to sustain its recovery by increasing passenger volume and flight frequencies.
Digitalization benefits ESG-related communities, entities — report
THE acceleration of digitalization helps boost environment, social, and government (ESG) related communities and businesses in the Philippines amid the ongoing coronavirus pandemic, according to research firm ESG Intelligence.
IPOPHL to boost expansion of MSMEs in global markets
THE Intellectual Property Office of the Philippines (IPOPHL) plans to strengthen its assistance for micro, small, and medium enterprises (MSMEs) to reach global markets.
Ayala Land lists P33-billion fixed-rate bonds
AYALA Land, Inc. (ALI) successfully listed its new P33 billion fixed-rate bonds due 2024, 2027, and 2029 on July 4 at the Philippine Dealing & Exchange Corp. (PDEx).
How PSEi member stocks performed — July 6, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 6, 2022.
PetroEnergy unit’s solar farms get DoE, DENR nod
A UNIT of Yuchengco-led PetroEnergy Resources Corp. has secured the approval of the Energy and Environment departments for two utility-scale solar farms with a combined capacity of 52 megawatts of direct current (MWdc).
Medilines says P2-billion sales target on track
MEDILINES Distributors, Inc. expects to exceed last year’s sales, saying it is on track to hit P2 billion in its 20th year in business.
Germany’s AEB forms local unit
LOGISTICS software company AEB has announced its expansion in the Philippines as it formed a team to handle local operations and introduced new features to its cold chain warehouse management system (WMS).
Tax court denies logistics firm’s P120.9-million refund claim
THE Court of Tax Appeals (CTA) has affirmed its division ruling denying Nippon Express Philippines Corp.’s (NEPC) refund claim worth P120.9 million representing its excess input value-added tax traced to zero-rated sales for the four quarters of 2016.
Converge says investors demand climate-related information
LISTED fiber internet service provider Converge ICT Solutions, Inc. said it is working to increase transparency in sustainability reporting, as more investors seek climate-related information.
DoE fines First Gen unit EDC
LISTED energy firm First Gen Corp. said on Tuesday that its subsidiary Energy Development Corp. (EDC) had been fined by the Energy department.
How PSEi member stocks performed — July 5, 2022
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 5, 2022.