CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has secured the approval of the Philippine Stock Exchange (PSE) for its planned initial public offering (IPO) worth up to P3.16 billion.Top Line’s maiden offering will consist of 3.68 billion primary

THE ARRIVAL of two A321 NEOs and one A320ceo brings Cebu Pacific to 83.3% of its 18 expected aircraft deliveries for the year. — AIRBUS.COMCEBU PACIFIC (CEB) is close to completing its expected aircraft deliveries for the year following the

MEGAWIDE.COM.PHABOITIZ InfraCapital, Inc. (AIC) is eyeing upgrades to Mactan-Cebu International Airport (MCIA) after acquiring Megawide Construction Corp.’s remaining equity stake, the company said on Thursday.“With full ownership of AGMCAC (Aboitiz GMR Megawide Cebu Airport Corp.), we are committed to taking

THE Tomb of Empress Maria Theresa (background), and her son Joseph II (front). — JOSEPH L. GARCIABy Joseph L. Garcia, Senior ReporterDURING a trip BusinessWorld took to Vienna in October, the Austrian capital felt like the setting of a fairy

PHOTO FROM PILIPINAS SHELLTHE COURT of Tax Appeals (CTA) denied Pilipinas Shell Petroleum Corp.’s petition for a P43-million tax refund on excise taxes for Jet A-1 fuel sold to tax-exempt international air carriers, citing lack of evidence.The tax court’s Third