BCDA fast-tracks Poro Point seaport modernization with PPP Center support

THE Bases Conversion and Development Authority (BCDA) is advancing the long-term modernization of the San Fernando International Seaport in Poro Point in La Union, with critical support from the Public-Private Partnership (PPP) Center.  The project secured provisional funding under the Project Development and Monitoring Facility (PDMF), a key step in transforming the terminal into a… Read More BCDA fast-tracks Poro Point seaport modernization with PPP Center support

21% passenger growth, operational gains lift Cebu Pacific Q2 profit

CEBU Pacific (PSE: CEB), the Philippines’ leading carrier, reported a net income of ₱8.5 billion for the second quarter of 2025, fueled by robust passenger growth, improved operational efficiency, and disciplined cost management. The airline flew 7 million passengers during the quarter, up 16% from last year, as both domestic and international markets posted double-digit… Read More 21% passenger growth, operational gains lift Cebu Pacific Q2 profit