Investors continue to consider the country as a sweet spot,  government officials and company executives said during the Euromoney Philippine Investment Forum.

State-owned Development Bank of the Philippines (DBP) recently received the Visa Inclusive Growth Award 2017 for its role in promoting financial inclusion in the country.

The first Airbus SE superjumbo to exit service will be stored minus its engines at a French airfield as its owner seeks a new operator for a plane that while still relatively young in industry terms has fallen out of favor with airlines.

Airasia Berhad CEO Anthony Francis Fernandes urged member-countries of the Association of Southeast Asian Nations (Asean) to create a single Asean Aviation Authority to facilitate the integration and efficient management of their respective air carriers.

Philippine Airlines (PAL) is planning to operate new non-stop, ultra-long haul routes to and from the United States maniland over the next two years while expecting a net loss by end of 2017 due to high fuel prices.

Three New Zealand government agencies signed memoranda of understanding (MOU) with two of their Philippine counterparts and with Philippine Airlines to firm up bilateral cooperation in tourism, energy resources and weather services.

The Philippines amended an air service agreement with South Korea, the top source of international visitors, raising the flight entitlements between the two countries by 13,000 seats a week.

The Gotianun and Gokongwei conglomerates are proposing to redevelop the Clark International Airport, through P839 billion in investments, which is approximately four and a half times bigger that the capital outlays earlier proposed to build an alternative international gateway.

By Riza Lozada The Philippine Stock Exchange Inc. (PSE) net profit for the first nine months increased 45.9 percent to P707.35 million from P484.71 million a year ago.

The Philippine Stock Exchange, Inc. (PSE) named Aboitiz Power Corp. (APC) and Deutsche Regis Partners Inc. (DRPI) as winners of the 2017 PSE Bell Awards for Excellence in Corporate Governance for listed companies (LCs) and trading participants (TPs), respectively.