By Ashley Erika O. Jose, Reporter MERALCO PowerGen Corp. (MGen) President and Chief Executive Officer (CEO) Emmanuel V. Rubio is bullish on the company’s future, banking on its renewable energy (RE) projects to establish MGen as a powerhouse in the Philippines. “The

ABS-CBN Corp. may not achieve financial recovery this year due to declining advertising revenues and low investor confidence, according to analysts. “Given the drop in consolidated revenues and the ongoing strain from lower advertising income, ABS-CBN is unlikely to see a

ARTHALAND CENTURY PACIFIC TOWER — ARTHALAND.COMTHE PHILIPPINE STOCK Exchange (PSE) has approved the P3-billion planned follow-on offering (FOO) of listed property developer Arthaland Corp. to repay loans and fund a planned residential condominium project.The FOO has a base offer

CEBU PACIFIC is further boosting its Iloilo hub with the launch of three domestic routes in December, the budget carrier said on Monday. In a statement, Cebu Pacific, operated by Cebu Air, Inc., said it will mount three new routes from

PHILIPPINE STAR/WALTER BOLLOZOSTHE CIVIL Aeronautics Board (CAB) is keeping the passenger fuel surcharge unchanged for November.In an advisory on Monday, CAB retained the passenger surcharge at Level 4 for next month, the second time the fuel surcharge was set at