Cebu Pacific Air (CEB) on Tuesday announced a return to profitability last year after suffering a net loss in 2022.
The airline unit of the Gokongwei Group posted a net income of P7.9 billion last year, a turnaround from the P14-billion loss in 2022.
It said fourth-quarter net income hit P2.9 billion, an improvement from the P1.9-billion net loss in the same period in 2022.
“Moving forward, we are optimistic that Cebu...
Quezon City Rep. Marvin Rillo, vice chairperson of the House committee on tourism, urged the Department of Tourism to attract more Chinese travelers.
"The surge...
Clark Freeport and Special Economic Zone attracted P44.5 billion worth of investments as of March 15, 2024, exceeding the targets set by Clark Development...
Land Transportation Office (LTO) chief and assistant secretary Vigor Mendoza II denied that the agency would terminate the contract on the operation of the...
German aerospace firm Lufthansa Technik Philippines (LTP) is spending P8 billion to expand its hangar in Clark Freeport, the Department of Trade and Industry...