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Phoenix Petroleum ink fuel supply deals with Cebu Pacific, Umsumco

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PHOTO FROM PHOENIXPHILIPPINES.COM

Publicly listed Phoenix Petroleum Philippines has inked long-term fuel supply contracts with Cebu Pacific Inc. and Universal Robina Sugar Milling Corp. (Ursumco), a move seen to further strengthen the decade-long partnership of the independent oil firm with the Gokongwei group.

Posted: September 9th, 2014 in Latest Business Stories | Read More »

Malaysia Airlines to cut 6,000 staff in overhaul

Visitors look out from viewing gallery as a Malaysia Airlines jet sits in the tarmac at the Kuala Lumpur International Airport (KLIA) in Sepang, Malaysia, Friday, Aug. 29, 2014. Malaysia Airlines will cut 6,000 workers as part of an overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters. (AP Photo/Lai Seng Sin)

Malaysia Airlines will cut 6,000 workers as part of an overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

Posted: August 29th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

PAL’s net income jumped 604% in July

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FILE PHOTO

The earnings streak set off by Philippine Airlines president and COO Ramon S. Ang continues as the July net income of the once money-losing flag carrier reached $11 million, bringing net income from January to July 2014 to $18.6 million.

Posted: August 20th, 2014 in Headlines,Latest Business Stories | Read More »

A budget boon for jet-lagged traders

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AFP FILE PHOTO

For AirAsia and its head honcho Tony Fernandes, services must be made affordable and accessible to more consumers.

Posted: August 17th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

South Africa, PH seal air deal

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The Philippines and South Africa sealed a new air deal, paving the way for flights between both countries, a government official said on Thursday.

Posted: August 15th, 2014 in Headlines | Read More »

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