CebuPac sees brighter days ahead despite pandemic gloom

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 […]

BSP chief sees no doomsday scenario in PH economy

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...