international card company below

LOW-COST carrier Cebu Pacific has partnered with American Express, allowing its cardholders to e-book and buy flight tickets using their Amex cards.

Amex is a international card company below American Express in a hundred and sixty markets within the global. In the Philippines, Amex playing cards are issued with the aid of BDO Unibank.

“Our partnership with American Express allows CEB to offer simplified and green business-to-commercial enterprise answers for company bills,” CEB Vice President for Marketing and Distribution Candice Iyog said in a declaration on Friday.

Aside from Amex, CEB accepts over the counter payments through branches of seven-Eleven comfort shops and Cebuana Lhuillier shops nationwide.

Existing CEB price facilities, Robinsons Department Stores and SM Department stores also be given bills for on-line bookings made at the CEB internet site.

CEB presently offers flights to a total of 37 home and 29 global destinations throughout Asia, Australia, Middle East and USA.

In a declaration on Friday, FDC stated its consolidated revenues improved 19 percentage to P58.6 billion in 2016 from P49.3 billion the preceding 12 months.

Revenue increase got here particularly from its banking subsidiary East West Bank, which recorded a 70 percentage bounce in net earnings to P3.4 billion, and belongings unit Filinvest Land Inc. (FLI), which posted five percent growth in net income to P24.2 billion.

EastWest Bank contributed forty one percent to overall revenues, accompanied with the aid of FLI (39 percent), strength automobile FDC Utilities Inc. (13 percent), sugar miller Pacific Sugar Holdings Corp. (4 percentage) and FDC Hotels (3 percent).

The financial institution saw its mortgage portfolio improve 29 percentage to P202 billion, pushed by using a fifty one percent boom in consumer loans, while deposits grew 30 percent led through low-cost deposits.

“2016 shows the early outcomes of our growth program that began in 2012,” stated Jonathan T. Gotianun, FDC chairman, mentioning that EastWest Bank expanded its community to 445 branches as of cease-2016.

The property group generated P24.2 billion in revenues, that is eight percentage higher than in 2015.

The group is concentrated in traits in Alabang, Cebu and Clark, with 92 hectares of land in Filinvest City in Alabang, fifty four hectares of commercial land bank in Cebu, and two hundred hectares in Clark Mimosa.

In 2016, FLI launched residential projects in Metro Manila, Cavite, Rizal, Bulacan and different key locations.

Meanwhile, FDC Utilities completed its 3 x a hundred thirty five megawatts clean coal electricity plant in Villanueva, Misamis Oriental on agenda earlier than the quit of 2016.

“We had been excited to start offering lots-needed power to the Mindanao grid. This will now not be immediately contemplated inside the revenues, however, on the grounds that business operations started out closer to the end of the 12 months,” FDC Chief Executive Officer and President Josephine Gotianun-Yap said.