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PAL starts rollout of refurbished aircraft

Business World Philippines

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September 24, 2025

PHILIPPINE AIRLINES (PAL) has begun deploying its first refurbished aircraft as part of a retrofitting program that will see 18 planes operating across Asia through 2027, the flag carrier said on Tuesday.

In a media release, PAL said the retrofitted aircraft were upgraded at Lufthansa Technik Philippines’ (LTP) facility in Manila.

The program covers 18 Airbus A32Iceo aircraft, which will operate on routes to Tokyo (Haneda and Narita), Osaka, Jakarta, Bali, and Guam starting this year, and on other key markets in PAL’s Asian network by 2026-2027.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

BDO looking to issue five-year dollar bonds

BDO UNIBANK, INC. is planning to issue five-year dollar-denominated bonds, it said on Monday.

time to read

2 mins

November 25, 2025

Business World Philippines

Coalition plans second anti-graft rally on Nov. 30

LEADERS of a broad anti-corruption coalition on Monday said their campaign is not meant to destabilize or unseat the Marcos administration, as they announced plans for a second nationwide protest on Nov. 30, Bonifacio Day.

time to read

1 mins

November 25, 2025

Business World Philippines

Business World Philippines

QCinema 2025 and what it means to be a Creative City of Film

THE QCINEMA International Film Festival ended this week, its theme “Film City” celebrating Quezon City’s (QC) recent designation as a UNESCO Creative City of Film.

time to read

1 mins

November 25, 2025

Business World Philippines

ENEX gets SEC nod for capital stock increase

ENEX ENERGY CORP., a subsidiary of Ayala-led ACEN Corp., has secured approval from the Securities and Exchange Commission (SEC) to raise its authorized capital stock, enabling the company to access additional funding.

time to read

1 min

November 25, 2025

Business World Philippines

When tax audits become extortion: Why the Philippines must fix the LoA system now

ON NOV. 17, during the Senate plenary deliberations on the proposed 2026 national budget, Senate Deputy Majority Leader JV Ejercito sounded the alarm over the alleged \"weaponization\" of Letters of Authority (LoA) by the Bureau of Internal Revenue (BIR), saying the issuance of LoAs is now being used as a tool for corruption.

time to read

4 mins

November 25, 2025

Business World Philippines

Business World Philippines

Asian Terminals Q3 income dips on higher expenses

LISTED port operator Asian Terminals, Inc. (ATI) reported a 4.26% decline in third-quarter (Q3) attributable net income to P1.35 billion, citing higher expenses during the period.

time to read

1 mins

November 25, 2025

Business World Philippines

Business World Philippines

Marcos says 7 people linked to flood control scandal now in state custody

PHILIPPINE President Ferdinand R. Marcos, Jr. said seven people wanted in connection with anomalies in government flood control projects are now under state custody, as his administration seeks to show concrete progress in its widening anti-corruption crackdown.

time to read

4 mins

November 25, 2025

Business World Philippines

Business World Philippines

Treasury hikes T-bill award as yields end mixed

THE GOVERNMENT upsized the Treasury bills (T-bills) it awarded on Monday, with the tenors fetching mixed yields amid higher demand for longer-tenored investments as players adjust their portfolios before the yearend.

time to read

2 mins

November 25, 2025

Business World Philippines

Business World Philippines

Innovation Council approves procurement, startup reforms

THE National Innovation Council (NIC) approved reforms aimed at modernizing government procurement and innovation projects and easing barriers for enterprises and startups.

time to read

1 mins

November 25, 2025

Business World Philippines

Business World Philippines

Private sector has role in ensuring stability amid political, economic risks — Hans Sy

THE PRIVATE SECTOR has a responsibility to create opportunities, uphold integrity, and support stability amid political and economic risks, SM Prime Holdings, Inc. Executive Committee Chairman Hans T. Sy said.

time to read

2 mins

November 25, 2025

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