Daily Archives: 3 years ago

Cebu Pacific fined P52.2 million over delayed, cancelled flights

The Civil Aeronautics Board finds Cebu Pacific liable for at least 20 cancelled and 288 delayed flights during the Christmas rush from December 24 to 26 affecting approximately ten thousand passengers. CAB issues strong reprimand to the budget airline and asks a fine worth PhP52.211 million. “After considering all available data and arguments, the CAB […]

DND sets bid opening for six support aircraft

The Department of National Defense is setting the bid opening for the acquisition of six brand-new Close Air Support Aircraft for Philippine Air Force on February 11, 2015. At least four firms – including Beechcraft, Embraer, Elbit Systems and Korea Aerospace Industries – are interested to join the said acquisition project. Allocated budget for this […]

VP Binay’s satisfaction rating further dips

Vice-President Jejomar Binay’s satisfaction rating further dips in the recent survey conducted by Social Weather Station from November 27 to December 1, 2014. From +52 rating in September, Binay’s net satisfaction rating drops to +44. The survey claims that 65 percent of Filipinos were satisfied with Binay and 20 percent were dissatisfied while 15 percent […]

PHL outperforms China, Asian economies in exports

Philippine merchandise export performance hits a record high by growing 19.7 percent in November placing the country as the highest export performer among East and Southeast Asian economies, National Economic and Development Authority reports. “This strong performance of the exports sector during the period was largely driven by growth in manufactures, agro-based, and mineral products. […]