by Ferry Bayu | Sep 20, 2023 | Business
AirAsia: Deal with CFM will help expand fleet, network
AirAsia Philippines painted a rosy outlook for 2024, as its parent company Capital A and engine provider CFM International renewed their agreement, a deal that will allow the airline to double its fleet by 2024.
According to AirAsia Philippines Head of Communications and Public Affairs Steve Dailisan, the renewal of the agreement between Capital A and CFM provides a “catalyst for AirAsia to reinstate its full fleet across the Group.”
In the Philippines, this means that AirAsia will be able to double its fleet and allow it to expand its network to 45 domestic and international routes.
Currently, AirAsia Philippines has a fleet of 20 Airbus jets that serve 11 domestic destinations and 12 international destinations out of Manila, and two domestic and three international destinations from Cebu.
“The solid backing from CFM International will help us fast-track our recovery plan and expansion next year. We expect that this will also allow us to better operate our existing aircraft and the additional A321neo and A330 to service our existing and new markets here in the country and in Asean,” Dailisan said.
With the support of CFM, Capital A is tuning to reinstate its fleet of 204 aircraft and further expand it to 300 jets in the next 5 years.
Dailisan noted that the fleet expansion should be backed by the allocation of more slots, saying that this will help the government in its bid to revive the tourism sector after the pandemic.
“Furthermore, if AirAsia Philippines is provided with more slots as an opportunity to boost tourism, we are ready to facilitate stronger economic ties anchored on tourism and trade in the Philippines and beyond.”
by Ferry Bayu | Sep 20, 2023 | Business
UnionBank to offer mobile crypto trading in Q4 2023
Union Bank of the Philippines (UnionBank) users may soon get to trade Bitcoin through their mobile app as soon as the final quarter of 2023.
The Aboitiz-led bank announced on Tuesday, September 19, that it has secured a certificate of authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP). This means that it can now offer virtual asset exchange services – like trading cryptocurrency – to its customers.
The central bank defines a virtual asset as “any type of digital unit that can be digitally traded, or transferred, and can be used for payment or investment purposes.” In the Philippines, financial institutions must obtain a VASP certificate from the BSP before handling virtual assets for customers.
In the case of UnionBank, it is so far the first and only bank in the Philippines to offer virtual exchange services. Other financial institutions with the VASP license include coins.ph, Philippine Digital Asset Exchange, and Maya.
by Ferry Bayu | Sep 19, 2023 | Business
Exploring Tranquility: The Journey of OGAWA Philippines Through Time and Innovation
Edryan Lorenzo
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by Ferry Bayu | Sep 19, 2023 | Business
McDonald’s Philippines vows to hire more seniors, PWDs in Manila
McDonald’s Philippines said Tuesday it signed an agreement with Manila City Mayor Honey Lacuna to resume hiring eligible senior citizens and persons with disabilities (PWDs) in the city this year.
The company’s program initially began in 2019 but was temporarily halted amid the pandemic.
“In addition to offering consistent employment opportunities to our regular full-time workers and working students, we remain steadfast in our commitment to have a diverse and inclusive workplace. We proudly extend these opportunities to out-of-school youth, senior citizens, and persons with disabilities (PWDs) through our community hiring programs, including Workforce Immersion, Alternative Workforce and SPES,” said McDonald’s Philippines managing director Margot Torres.
“Through these initiatives such as the recent partnership we did along with the city of Manila, we are not only opening our doors but also empowering individuals from diverse backgrounds to access world-class training and skill development, affirming our belief in their potential and their right to a chance for a better life,” said Torres.
Qualified applicants will undergo a training program approved by the Public Employment Service Office (PESO) of Manila, and the Department of Labor and Employment (DOLE). Hired senior citizens and PWDs will be assigned to perform tasks complementing those of existing crew members which includes being an order presenter, drink drawer, table manager and overall guest relations.
Under the agreement, senior citizens will be assigned work for not more than four hours per day for five days a week, with shifts set at 8 a.m. to 12 p.m. and 1 p.m. to 5 p.m. Meanwhile, PWDs will perform work in shifts also applied to regular crew members, but not to exceed eight hours a day.
McDonald’s Philippines said that since it began employing senior citizens and PWDs in 2019, it has hired a total of 62 senior citizens and PWDs who have been employed in different stores nationwide.
Resuming the program after the pandemic, the company said it committed to growing the program and employing 500 PWD and senior citizen hires across key pilot cities in 2023 including Pasig, Pasay, Antipolo, Caloocan, Makati, Quezon City, Marikina and Mandaluyong.
These 500 hires will be deployed to 250 stores nationwide, giving each store a maximum of two hires per store (either a senior citizen or PWD).
McDonald’s is operating 39 stores in Manila, with each establishment employing an average of 80 to 100 residents from the local community.
by Ferry Bayu | Sep 19, 2023 | Business
SEVENTEEN is returning to Philippines in January 2024
Korean boy group SEVENTEEN is coming back to the Philippines in 2024 to meet the Filipino Carats.
Less than a year after the group’s successful sold-out concerts, Pledis Entertainment announced on Tuesday that the 13-member Korean idol group is heading back to the country on January 13, 2024, to bring their ‘Follow’ concert tour to the Philippine Sports Stadium in Bulacan.
The Philippines is one of the three countries in Asia where SEVENTEEN will be having its concert tour.
In a post shared by Pledis Entertainment in a fan community app Weverse, the Korean performers will also perform in Thailand and Macau.
According to concert promoter Live Nation Philippines, additional details about the seat plan, purchasing guidelines, and ticket prices have yet to be announced.
“Tickets prices, seat map, and ticket purchase guidelines will be released soon,” it wrote.
Edryan Lorenzo
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