No penalties for Cebu Pacific despite flight cancellations
MANILA – Budget carrier Cebu Pacific will not be penalized for the cancellation of more than 100 flights in late April and early this...
Asian shares win reprieve as Trump seen delaying auto tariffs
TOKYO – Asian shares steadied on Thursday on news that US President Donald Trump is planning to delay tariffs on auto imports, providing much...
New Australian envoy pushes for stronger economic ties with PH
MANILA – Australia and the Philippines have a “very sound” relationship but “more can be done” to boost trade and economic ties, the newly-appointed...
Megaworld’s profit up 18 percent to P4.1B in Q1 2019
MANILA – Property giant Megaworld, the country’s pioneer and largest developer of townships, saw its net income grow by 18 percent to P4.1-billion in...
SM Investments net income up 26 percent in Q1
MANILA – SM Investments Corp said Thursday it posted net income of P10.7 billion in the quarter ending March, up 26 percent from the...
Iloilo levels up from festival destination to top MICE hub
ILOILO City – “In the past, Iloilo’s tourism has been largely festival-driven. Now, we have the potential to be a premier MICE (meetings, incentives,...
Economist sees A-grade rating upgrade for PH in near future
MANILA – An economist of a Philippine-based private universal bank forecasts an A-grade credit rating for the Philippines in the next two to three...
‘Sin tax’ on sugary drinks helps cut consumption, study finds
WASHINGTON – New research backs the argument that "sin taxes" lead to a reduction in consumption, justifying the use of the duties in combating...
Suzuki PH closes Q1 2019 with consistent sales growth
Suzuki Philippines (SPH), the country’s pioneer compact car distributor, wrapped up the first quarter of the year with consistent sales growth, securing the 6th...
Emperador posts P1.74B in Q1, up 10%
MANILA – Andrew Tan-led brandy maker Emperador Inc. posted a net income of P1.74 billion in the first quarter of 2019, up 10 percent...