Recent Posts

Cebu Pacific opts for 2 new Airbuses

Listed budget airline Cebu Pacific has placed a firm order with Airbus for two A330-300s that will join its existing fleet of six A330s flying on long range flights to destinations in the Middle East and Australia, as well on selected domestic and regional routes.

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Technology experience boosts bottomline—SAP

The fast developing digital economy of the country presents more opportunities for data and privacy sharing which may it necessary for local firms to embrace technology to increase sales, a report of software firm SAP showed. The SAP Digital Experience Report said half of respondents in a local survey indicated that they are delighted with the digital experiences from companies. …

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Index keeps above 8,000 despite external pressures

The local stock market index managed to stay above the 8,000 level last Friday as the downturn across regional markets weighed on the bourse. The Philippine Stock Exchange index (PSEi) lost 76.95 points, or 0.95 percent, to 8,025.35 from the previous day’s 8,102.30 finish. 

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NY-based groups cite ALI for corporate skills

Ayala Land Inc. (ALI) was named a Most Honored Company by New York-based Institutional Investor in its 2016 All-Asia Executive Team survey, as it ranked among the top in a list of over 1,500 Asian companies cited for corporate leadership and investor relations expertise.

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Europe, next target for Jollibee expansion

Local fastfood giant Jollibee Foods Corp. (JFC) plans expand into new territories in Europe next year, as it embarks on an aggressive expansion both locally and internationally in a bid to increase sales from the overseas business over the next seven years.

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AMLC scales down dividends in dirty-money monitoring

The Anti-Money Laundering Council (AMLC) will still require the reporting of distribution of dividends and interest on investments as part of its mandate to look into suspicious transactions but the reporting for these can now be deferred based on a new resolution, Philippine Stock Exchange (PSE) president Hans Sicat said. Sicat said AMLC issued Resolution 48, series of 2016, which …

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