Monthly Archives: August 2016

PAL cancels certain flights at NAIA effective Sept. 1

MANILA — Philippine Airlines is reorganising some of its domestic flights operating out of Manila’s Ninoy Aquino International Airport, ahead of plans to make its debut in Clark International Airport in Pampanga

Oil prices dive on bearish US inventory report

NEW YORK — Oil futures on Wednesday fell for the third day in a row as official US figures showed an unexpected rise in crude inventories. In New York, a barrel of

Nuclear power ‘a good option’ for PH—Cusi

MANILA — Despite doubts on its safety, nuclear power is “a good option” for the Philippines. Energy Secretary Alfonso Cusi said this before the Senate on Wednesday as he bared that the

PAL to borrow $38 M to buy new aircraft

MANILA – Flag carrier Philippine Airlines (PAL) is borrowing $38 million from banks to finance the acquisition of an Airbus A321-200 aircraft. Cathay United Bank Co. Ltd., the lead arranger and book

Senate seen not too keen on AIIB

MANILA — Senate President Aquilino “Koko” Pimentel III said the upper house would first carefully study the implications of joining the Asian Infrastructure Investment Bank (AIIB) before it would decide on the

UP drubs SSC, makes semis

SHAKING off self-doubt in the closing sets, University of the Philippines demolished San Sebastian, 25-17, 23-25, 25-5, 25-18, to clinch a semifinal berth in the Shakey’s V-League Season 13 Collegiate Conference yesterday