ABS-CBN’s financial recovery unlikely this year — analysts
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 P3-B follow-on offering gets PSE approval
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 to add 3 routes from Iloilo in Dec.
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
No change in airline fuel surcharge for Nov.
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
Beyond Bagets: Raymond Lauchengco stages 40th anniversary concert
FORTY YEARS since he started in show business, Raymond Lauchengco has continued his artistic evolution, be it in photography, directing, or visual arts. A 1980s matinee idol behind hits like “I Need You Back,” “Farewell,” and “So It’s You,” audiences