CEBU Pacific (CEB) has signed a share purchase agreement (SPA) with ALI Capital Corp. to acquire 100% of AirSWIFT Transport Inc. for Php1.75 billion. This transaction has been approved by the Board of Directors of both CEB and ALI Capital Corp. The transaction allows both organizations to focus on their respective core businesses, enhancing operational… Read More Cebu Pacific, ALI Capital ink deal for sale of AirSWIFT to CEB
Hans Sy, Chairman of the Executive Committee of SM Prime Holdings, has been honored with the Philippine Retailers Association (PRA) Outstanding Filipino Retailers President Award for his visionary leadership in retail development. Presented by the Philippine Retailers Association and the Department of Trade and Industry, this award recognizes Filipino retailers who excel in business practices,… Read More Hans Sy’s leadership in sustainability recognized at PRA Outstanding Filipino Retailers Awards
SUBIC BAY FREEPORT – In an effort to promote renewable energy to locators in this free port, the Subic Bay Metropolitan Authority (SBMA) co-organized and welcomed the “Make REshift Happen” roadshow organized by the Board of Investments (BOI) of the Department of Trade and Industry (DTI). The event held at the Subic Grand Harbour Hotel here on… Read More BOI-DTI brings energy efficiency roadshow to Subic Freeport
CEBU Pacific (PSE: CEB), the Philippines’ leading carrier, further strengthens its Visayas and Mindanao network by operating a total of 18 additional routes, expanding its inter-island connectivity and providing passengers with more accessible and affordable air travel across the airline’s domestic and international destinations. By December, CEB will operate a total of 73 routes serving… Read More Cebu Pacific boosts Visayas-Mindanao network with 18 additional routes
CEBU Pacific (PSE: CEB), the Philippines’ leading carrier, has set another milestone in sustainable aviation. It has earned an ‘AA’ rating from MSCI ESG Ratings, a distinction no other local airline has achieved. This achievement places CEB among the top carriers worldwide in managing environmental, social, and governance (ESG) risks and opportunities. MSCI ESG Ratings… Read More Cebu Pacific achieves ‘AA’ ESG rating, ranks among world’s leading airlines for sustainability
THE Securities and Exchange Commission (SEC) has rolled out an incentive program that allows corporations, which have failed to submit their annual reports on time, to restore their good standing. Following the success of the amnesty program it implemented last year, the Commission on August 30 issued SEC Memorandum Circular (MC) No. 13, Series of… Read More SEC grants incentive for corporations to comply with reportorial requirements
By Reia G. Pabelonia | August 22, 2024 IBA, Zambales (PIA) — About 15 entrepreneurs in Zambales joined the 5th Palinawan Trade Fair of the Department of Trade and Industry (DTI) held at Harbor Point Ayala Mall in the Subic Bay Freeport. It is an annual event for Zambales Comprehensive Agrarian Reform Program entrepreneurs (CARPpreneurs)… Read More DTI features bamboo, coconut products of Zambales entreps
By Anna Leah Gonzales | August 15, 2024 MANILA – Total foreign investment (FI) pledges approved in the second quarter of the year more than tripled to PHP189.50 billion from PHP59.09 billion in the same period in 2023. Data released by the Philippine Statistics Authority (PSA) on Thursday showed that these investment pledges were from six Investment… Read More Foreign investment pledges more than tripled in Q2 2024
By Henry Empeño | August 9, 2024 MARIVELES, Bataan — Top-performing enterprises in the special economic zone here received recognition from the Authority of the Freeport Area of Bataan (AFAB) for their achievement in various fields ranging from export production to job generation and workplace safety. AFAB Administrator and CEO Hussein P. Pangandaman led the… Read More AFAB fetes top performers in Bataan Freeport
By Joyce Ann L. Rocamora | PNA MANILA – The Department of Trade and Industry (DTI) had been tasked to uplift the condition and competitiveness of the country’s micro, small and medium enterprises (MSMEs) through digitalization and the use of technology, its acting chief said Saturday. DTI Acting Secretary Cristina Roque said during the Saturday News… Read More DTI vows to boost income and condition of MSMEs through digitalization
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