
Higher costs cut Cebu Pacific profits
Cebu Pacific ended 2024 with a net income of P5.4 billion, down from P7.9 billion in 2023 due to increased fleet and financing costs.
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Cebu Pacific ended 2024 with a net income of P5.4 billion, down from P7.9 billion in 2023 due to increased fleet and financing costs.
· 1 min read

Gotianun Family-led Filinvest Development Corp. (FDC) reported a record-high consolidated net income of P15.7 billion in 2024, up 29 percent from the previous…
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The average monthly income loss due to tuberculosis (TB) is around P9,000 to P10,000, according to the Department of Health (DOH).
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Power generation contributed P2.2 billion or 64 percent of total net income, driven by its participation in the Reserve Market and Wholesale Electricity Spot…
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‘We’re excited to introduce the ‘Loco for Coco’ smoothies to our customers,’ said Ysabel Cruz, senior marketing manager of Jamba. ‘These refreshing drinks are…
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OpenAI is facing a complaint about its chatbot making up a “horror story,” by falsely d escribing a Norwegian man as having murdered his children, a privacy…
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Insurer Pru Life UK earned the highest value in new business annual premium equivalent (NBAPE) last year at P9.8 billion, with a 33 percent surge in the fourth…
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Pru Life UK secured the highest value in new business annual premium equivalent (NBAPE) last year at P9.8 billion, reflecting a 33 percent surge in the fourth…
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The Philippine Insurers and Reinsurers Association (PIRA) seeks lower taxes for non-life protection to help Filipinos become more financially secure,…
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‘Addressing these challenges is a priority, alongside fostering an environment that attracts investment and innovation.’
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The Department of Education (DepEd) announced on Thursday that it is set to renew and hire 7,062 school-based administrative support staff under contract of…
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Solis seems to have conveniently forgotten that one time she asked her wards to gather together for a pictorial since their last publicity photos were already…
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The earnings growth was attributed to higher volumes, an improved container mix, tariff adjustments, and expanded ancillary services revenues.
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In time of the Women’s Month celebration this March, a Filipina cybersecurity expert underlined the critical role of education in combating gender-based…
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Semirara Mining and Power Corp. (SMPC) posted a net income of P19.6 billion in 2024, a 30 percent decline from P27.9 billion in 2023, as energy market…
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The decision clears the way for a significant shift in the ownership structure of the telecom company founded by Davao businessman Dennis Uy.
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The North Luzon Expressway (NLEX) will implement new toll rates starting 2 March, NLEX Corporation announced.
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The company is targeting a 10 percent growth this year, aiming to reach P49.6 billion or even P50 billion in profits.
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