(Bloomberg) -- A dispute over a mere $4 million debt payment involving a Philippine conglomerate is flagging broader concerns about the group’s rapid borrowing in recent years, just as growing threats ...
Philippine Airlines Inc. won court approval for its reorganization plan, paving the way for the carrier to exit bankruptcy, cut $2 billion in debt and revive its fortunes after a slump in ...
PAL Holdings—Philippine Airlines’ parent company which is controlled by billionaire Lucio Tan—has returned to the black in 2021, ending four years of losses after the flag carrier downsized its fleet, ...
The coalition points to the Philippines’ own Bataan Nuclear Power Plant (BNPP) as a cautionary tale. A $2.3 billion debt ...