news headlines

  • Airlines add fuel surcharge to ticket prices

    Airlines add fuel surcharge to ticket prices

    MANILA, Philippines — Local airlines have started implementing higher rates in line with the revival of the fuel surcharge. Officials from Philippine Airlines and Cebu Pacific said yesterday their companies started last Wednesday the imposition of fuel surcharge, which is included in the prices of tickets. Philippines AirAsia Inc....
  • Philippines needs to catch up on power digitization – Schneider

    Philippines needs to catch up on power digitization – Schneider

    SINGAPORE — Power and digitization should go hand in hand in the Internet of Things (IoT) era to be able to provide efficient and reliable power to people especially in the face of climate change. But the Philippines would need appropriate policies to support and speed up the country’s...
  • Fitch unit TRABAHO bill to yield little results

    Fitch unit: TRABAHO bill to ‘yield little results’

    MANILA, Philippines — The second package of the Duterte administration’s flagship tax reform program is likely to yield “little results,” a Fitch Group unit said, adding that the proposal to lower corporate income tax rates won’t boost investment without an improvement to the business environment. Last week, the House...
  • Investment bankers still bullish on Philippines growth amid challenges

    Investment bankers still bullish on Philippines growth amid challenges

    CLARK FREEPORT ZONE, Philippines — Foreign investors are still bullish about the strong growth prospects of the Philippines amid concerns about rising inflation as well as the weakening peso, officials of London-based investment bank Barclays and SMBC Nikko Securities of Japan said. “Expectations did not fundamentally change. We have...
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