COVER STORY

Drilon sees potential tax liabilities of Pharmally

Citing glaring red flags in its financial statements, Senate Minority Leader Franklin M. Drilon has vowed to look into tax records and tax liabilities of Pharmally Pharmaceutical Corp., the company that bagged over P10 billion […]

Business

Q/A “We are very likely to continue to survive”

(On Sept. 6, 2021, Philippine Airlines President and PAL COO Gilbert Santa Maria (GSM) and PAL Chief Financial Officer Nilo Thaddeus Rodriguez (NTR) gave a press briefing on the carrier’s bankruptcy declaration and rehabilitation.  Here […]

Business

PAL wants to exit from bankruptcy by end of 2021

The restructuring will enable PAL to emerge with fresh capital, lower debt and a sturdier financial foundation In this process, we are very lucky to have Dr. Lucio C. Tan, our chairman and CEO, who […]