Business

Business

𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚𝐧 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐉𝐨𝐤𝐨 𝐖𝐢𝐝𝐨𝐝𝐨 𝐠𝐫𝐚𝐜𝐞𝐬 𝐏𝐂𝐂𝐈-𝐊𝐀𝐃𝐈𝐍 𝐣𝐨𝐢𝐧𝐭 𝐫𝐨𝐮𝐧𝐝𝐭𝐚𝐛𝐥𝐞 𝐦𝐞𝐞𝐭𝐢𝐧𝐠

His Excellency Joko Widodo, President of the Republic of Indonesia, graces Philippine Chamber of Commerce and Industry (PCCI) and Indonesian Chamber of Commerce and Industry (KADIN) joint roundtable meeting in Makati, Philippines earlier this afternoon.

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Business

𝐆𝐥𝐨𝐛𝐞 𝐟𝐨𝐜𝐮𝐬𝐞𝐬 𝐨𝐧 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐚𝐧𝐝 𝐨𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞𝐝 𝐂𝐀𝐏𝐄𝐗

Leading digital solutions platform Globe is strategically realigning its capital expenditure (CAPEX) to bolster capital efficiency and optimization across its network infrastructure.

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Banking

𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐁𝐒𝐏 𝐲𝐢𝐞𝐥𝐝 𝐧𝐞𝐭 𝐨𝐮𝐭𝐟𝐥𝐨𝐰𝐬 𝐢𝐧 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟎𝟐𝟑

Transactions on foreign investments registered with the BSP, through AABs, in October 2023 recorded net outflows of US$328 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$954 million for the month. The recorded net outflows are smaller than the net outflows posted in September 2023 (US$698 million).

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Business

𝐂𝐞𝐛𝐮 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐏𝐨𝐬𝐭𝐬 𝐏𝟐𝟑.𝟑𝐁 𝐑𝐞𝐯𝐞𝐧𝐮𝐞𝐬 𝐢𝐧 𝐐𝟑

Cebu Pacific (PSE: CEB) generated total revenue of P23.3 billion for the third quarter of 2023, 39% higher year-on-year and 23% above same period in 2019. This was on the back of over 5.3 million passengers flown onboard 35,000 flights, which are 27% and 18% higher year-on-year, respectively. Seat load factor improved to 83.7%, 9.7 percentage points higher year-on-year.

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