
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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Philippine National Bank (PNB) has announced the appointment of Edwin Bautista as its new president and CEO, effective April 29, 2025, replacing Florido…
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Veteran lawyer and former Solicitor General Estelito Mendoza has died, the Philippine National Bank (PNB) confirmed Wednesday.
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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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When Hongqi made its quiet entrance into the Philippine market in 2023, it didn’t come in with flashy ads or big promises. It simply opened its doors in…
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Insurance penetration, defined as premiums as a percentage of GDP, improved to 1.67 percent in 2024 from 1.60 percent in 2023, indicating a growing…
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I am physically and mentally tough, or so I thought. Antifragile my foot.
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In 2024, Filipino learners recorded the highest growth in GenAI enrollments in Southeast Asia, with women’s enrollments soaring 818 percent, surpassing the 765…
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Trends and strategies in hospitality for 2025
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The lack of mass transport system in most parts of the country also increased the need for more Filipinos to purchase vehicles, with more brands and…
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‘This project is not just about building roads. It’s about connecting communities, creating opportunities and fostering a brighter future for the Bangsamoro…
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In his keynote address, Magno underscored the region’s readiness for global partnerships, stating, ‘Mindanao is not just an opportunity waiting to be…
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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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‘Don’t ever lose who you are and always look back to your old self to appreciate your wins today while striving harder to get to where you want to be in the…
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Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) is boosting its capital spending by 15 percent to P116.15 billion this year to support…
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