AS the world is slowly recovering from the onslaught of the global pandemic, Philippine Airlines (PAL) resumes in embarking on significant expansion with brand new routes that cater to direct regional and domestic flights to Baguio, Borongan, Bangkok, and Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the holiday season. On Nov. 23, Philippine Airlines […]
Tag: domestic
NG debt hits record P13.52 trillion amid weak peso
THE NATIONAL GOVERNMENT’S (NG) outstanding debt hit a record P13.52 trillion as of end-September, mainly due to the weakness of the peso and higher domestic borrowings, the Bureau of the Treasury (BTr) said on Thursday. In a statement, the BTr said outstanding debt jumped 3.8% or P495.54 billion as of end-September from the then-record-high P13.02 […]
NG debt breaches P13 trillion as of end-August
The National Government’s (NG) outstanding debt rose to a record-high P13.02 trillion at the end of August, beating the previous high of P12.89 trillion in July, due to additional domestic borrowings and a weak peso. Preliminary data from the Bureau of the Treasury (BTr) showed outstanding debt increased by 1%, or P133.64 billion in real […]
All domestic flights at MCIA to return to T1
The Mactan-Cebu International Airport (MCIA) announced on Friday, Sept. 16, 2022, that it will operate all domestic departures and arrivals at Terminal 1 effective Oct. 15.Effectively, Terminal 2 will be dedicated for all International Departures and Arrivals.“MCIA continues to experience increased domestic traffic with domestic demand now at 67 percent of pre-pandemic levels,” the airport […]
GMR Megawide sees pre-pandemic flight traffic by Q4
GMR MEGAWIDE Cebu Airport Corp. (GMCAC), the private operator of Mactan-Cebu International Airport (MCIA), expects domestic flight traffic to return to pre-pandemic levels by the fourth quarter. “While we expect to return to pre-pandemic numbers (for domestic) by the fourth quarter this year, it still also depends on how quickly international traffic also resumes in […]
Tourism recovery in Asia-Pacific seen lagging other regions in 2022
TOURIST arrivals in the Asia and the Pacific (APAC) are expected to lag the recovery posted by other regions, with travelers still deterred by the frictions associated with international travel, according to the United Nations World Tourism Organization (UNWTO). In a statement on Monday, the UNWTO said the 2022 projection is contained in its World […]
ILO finds only 6% of domestic workers enjoy social protections
THE International Labour Organization (ILO) said on Thursday that only about 6% of domestic workers worldwide have access to comprehensive social protections. The remainder lack “access to the full range of protections, covering medical care, sickness, unemployment, old age, employment injury, family, maternity, invalidity, and survivors’ benefits,” the ILO said in a statement, citing a […]
Toyota: Adjustments to Domestic Production in June and July
Toyota City, Japan, Jun 16, 2022 – (JCN Newswire via SEAPRWire.com) – We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers who have been waiting for the delivery of […]
PAL gradually reopens flights to key ASEAN destinations
FLAG carrier Philippine Airlines (PAL) announced on Tuesday that it will resume flights between Manila and Bali starting July 1, as part of its international expansion amid the reopening of international travel. “From July 1st, PAL will fly thrice weekly services between Manila and Bali’s Ngurah Rai International Airport,” the airline said in an e-mailed […]
Cebu Pacific, Cebgo domestic flights to return to T1 effective June 16
DUE to the significant growth in traffic, airport operator GMR-Megawide Cebu Airport Corp. (GMCAC) announced on Thursday, May 19, 2022, that domestic flights of Cebu Pacific Air and Cebgo will be transferred back to the Terminal 1 (T1) of the Mactan-Cebu International Airport (MCIA) in Lapu-Lapu City effective June 16.In a statement, the GMCAC said […]
Espina: Violence against women
Zonta International has a very relevant advocacy focusing on the crusade against Violence against Women (VAW). Our club, Zonta Club of Cebu I, has undertaken several long- and short-term projects in tandem with the academe, government and civic agencies: The Zonta Club of Cebu I VAW Referral Center, located in the University of the Visayas; […]
Philippine domestic deposits reach P16.2T in 2021
TOTAL deposits in the Philippine banking system continued to grow, reaching P16.2 trillion in 2021, nine percent higher than the P14.9 trillion recorded a year ago, as the economy started to recover from the impact of the pandemic.The expansion was driven primarily by deposits with balances of above P5 million in terms of size of […]
Central bank extends key rate pause
By Luz Wendy T. Noble, Reporter THE Philippine central bank kept its key interest rate steady for an 11th straight meeting on Thursday, even as it warned that its inflation target might be breached this year amid surging global oil prices due to Russia’s continued invasion of Ukraine. The Bangko Sentral ng Pilipinas (BSP) left […]
MHI Joins “ACT FOR SKY,” a voluntary organization working for the Commercialization, Promotion and Expansion of Domestically Produced SAF
TOKYO, Mar 2, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) is pleased to announce that today it has joined “ACT FOR SKY,” a voluntary organization established jointly by JGC Holdings Corporation Co.,Ltd., REVO International Inc. All Nippon Airways Co., Ltd. and Japan Airlines Co.,Ltd. (Headquarters: Shinagawa-ku, Tokyo, President: AKASAKA Yuji, […]
Tom Holland’s Uncharted wins weekend as Spider-Man inches closer to $800 M in North America
LOS ANGELES — It’s (still) good to be Tom Holland. The 25-year-old actor has been all-but-singlehandedly propelling ticket sales at North American movie theaters, leading two films in the top three spots on domestic box office charts. Over the weekend, his action-adventure Uncharted repeated No. 1 as his comic book epic Spider-Man: No Way Home […]
Domestic air travel picking up amid Omicron threat
THE uptick in Covid-19 cases in January has not affected domestic travel as the airline recouped 42 percent of its pre-Covid flight frequency on this month, AirAsia Philippines sai…
Myanmar Government Approved USD 3.82 Billion in Foreign Investment and USD 651 Million in Domestic Investment in First Year of State Administration Council
NAY PYI TAW, MM, Jan 27, 2022 – (ACN Newswire via SEAPRWire.com) – The Myanmar Government said today it has approved USD 3.82 billion equivalent in foreign investments and USD 651 million equivalent in domestic investments in the first year since the State Administration Council (SAC) took office. The investment commitments underscore confidence in the […]
Toyota Announces Adjustments to Domestic Production in January and in February, as of January 26
Toyota City, Japan, Jan 26, 2022 – (JCN Newswire via SEAPRWire.com) – Due to the shortage of parts supply caused by the spread of COVID-19 at our supplier in Japan, on January 21 we announced additional suspensions of domestic plant production for completed vehicles (Adjustments to Domestic Production in January) and also our revised production […]
Toyota Announces Adjustments to Domestic Production in January and in February, as of January 25
Toyota City, Japan, Jan 25, 2022 – (JCN Newswire via SEAPRWire.com) – Due to the shortage of parts supply caused by the spread of COVID-19 at our supplier in Japan, on January 21 we announced additional suspensions of domestic plant production for completed vehicles (Adjustments to Domestic Production in January) and also our revised production […]
International Travel Festival makes comeback in 2022 highlighting domestic travel
AFTER a two-year hiatus due to the pandemic, the International Travel Festival (ITF) returns for its seventh run on Jan. 7 to 9, 2022 at Ayala Center Cebu.With the theme “It’s time…