by ev3v4hn | Aug 12, 2020 | Business News
Budget airline Cebu Pacific expects to weather the impact of the COVID-19 pandemic despite suffering a major financial loss in the first six months of 2020. In a stock exchange filing on Wednesday (Aug. 12), listed operator Cebu Air Inc. said it has the means to raise cash to keep its business afloat “even if […]
by ev3v4hn | Aug 11, 2020 | Business News
MANILA, Philippines—An app that allows users to earn portion of what they spend on online purchases sees a record high of more than 18 million orders this year, one of the few stories of growth in a period of recession. Shopback, the leading rewards and discovery...
by ev3v4hn | Aug 10, 2020 | Business News
The expansion of the 8.2-kilometer Subic-Tipo Expressway (SFEx)is expected to be completed by the end of 2020. (Photo from NLEx) SUBIC BAY FREEPORT –– The P1.6-billion infrastructure project to expand Subic-Tipo Expressway (SFEx) is 50-percent complete and will be...
by ev3v4hn | Aug 7, 2020 | Business News
MANILA, Philippines — A credit rating agency is seeing local telecommunications companies infusing more investments next year amid “regulatory pressure and looming competition.” Fitch Ratings said in a statement Friday that: “Philippine telecommunication companies’...
by ev3v4hn | Aug 7, 2020 | Business News
The Philippines’ macroeconomic fundamentals remain sound despite a record contraction of gross domestic product due to the impact of the coronavirus pandemic, according to the central bank chief. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said it was...
