AirAsia Philippines says ticket sales up 30% in June
July 17, 2020
AirAsia Philippines said Friday ticket sales rose by 30 percent as commercial flights gradually resumed in June. AirAsia Philippines’ June performance contributed to AirAsia Group’s recent record 41,000 seats sold in a single-day after the lockdown due to the coronavirus
DTI ordered to issue negative list of industries which shall remain prohibited in areas under MGCQ
July 17, 2020
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases has authorized to issue a negative list of industries which shall remain prohibited even in areas under modified general community quarantine, Malacañang said on Friday. Presidential Spokesperson Harry Roque,
Megawide, GMR gets original proponent status from gov’t to develop NAIA
July 17, 2020
Megawide Construction Corp. and Indian-based partner GMR Infrastructure Ltd. has secured original proponent status (OPS) from the government for the development of Ninoy Aquino International Airport (NAIA) after the previous group backed out due to financing issue. Megawide told the
Dominguez cites EU support for peace, development programs in Mindanao
July 17, 2020
Finance Secretary Carlos Dominguez III underscored Friday the longstanding support of the European Union (EU) for the Philippine government’s peace and development programs in Mindanao that could serve as a global model for the pursuit of genuine and lasting autonomy in other countries
Treasury offers 24th tranche of retail treasury bonds
July 17, 2020
The Bureau of the Treasury (BTr) awarded P 192.707 billion worth of Retail Treasury Bonds (RTBs) in Thursday’s auction. This is the 24 th issuance of RTBs by the Philippine government and the second for 2020. These RTBs will have
Ayalas, Pangilinan not yet off the hook, says Palace
July 17, 2020
Malacañang said the Ayalas and Manuel V. Pangilinan are not yet off the hook despite President Rodrigo Duterte apologizing to them following their huge donations and early payment of taxes. The Ayalas control Manila Water Company, Inc. while Pangilinan is
Moody’s affirms Philippines’ ‘Baa2’ rating, ‘stable’ outlook
July 16, 2020
Moody’s Investors Service affirmed the Philippines’ credit rating of “Baa2” with a “stable” outlook—a vote of confidence on the ability of the economy to cushion the effects of COVID-19 and to post a solid recovery over the near term. The
Palace: NTC can award ABS-CBN frequencies to others; up to DepEd, CHED to tap them for distance learning
July 16, 2020
Malacañang said on Thursday that the National Telecommunications Commission can now award the frequencies of ABS-CBN Corp., both in television and radio, now that it has no more franchise. Presidential Spokesperson Harry Roque also said it would be up to
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