Day: October 7, 2024

Cebu Pacific buys AirSWIFT

Manila: Gokongwei-led airline Cebu Pacific (CEB) announced Monday it has signed a share purchase agreement with ALI Capital Corp. to buy 100 percent stake in boutique airline AirSWIFT.

The acquisition worth PHP1.75 billion was approved by ALI Capital…

Stocks sustain gains amid easing inflation, peso weak vs. dollar

Manila: The local stock barometer improved at the start of the trading week, while peso depreciated against the US dollar.

The Philippine Stock Exchange index (PSEi) increased by 1.16 percent to 7,554.68, with All Shares also higher by 1.02 percent t…

NDA wants return of gov’t milk feeding program to its helm

Manila: The National Dairy Authority (NDA) on Monday expressed desire to regain supervision of the government’s school-based milk feeding program.

The program is currently under the Department of Education (DepEd) with a budget of nearly PHP2 billion…

PhilHealth mulls emergency care packages in 2025

Manila: The Philippine Health Insurance Corporation (PhilHealth) is studying how it could include emergency care services in the benefit packages offered to members next year.

PhilHealth Health Finance Policy Sector senior vice president Israel Franc…

JV: Prolonged POGO hearings may divert attention from real issues

Manila: Senator Joseph Victor “JV” Ejercito on Monday stressed the importance of swiftly concluding the Senate investigation into illegal Philippine Offshore Gaming Operators (POGOs) to stay on the main objective of uncovering the true masterminds beh…

La Union’s Ortegas vie for congressional, local posts

MALASIQUI, Pangasinan – La Union Vice Governor Mario Eduardo Ortega filed his certificate of candidacy (COC) for governor on Monday, pitting him against granddaughter, incumbent Governor Raphaelle Veronica Ortega-David, in the 2025 midterm polls.

Vi…