BDO launches Diners Club by BDO
Rappler - 2018-05-28
MANILA, Philippines - Local financial giant BDO Unibank, Inc. is now the exclusive issuer of Diners Club International Credit Cards in the Philippines. This newly-forged partnership between BDO and American financial services company Discover ...

Three injured in Binondo fire
CNN Philippines - 2018-05-28
Manila Fire District Senior Superintendent Jonas Silvano said the fire at the LMB that started at 12:36 a.m. spread to the Bank of the Philippine Islands (BPI) Building, Moraga Mansion and the Juan Luna E-Services Building (also known as Pacific Commercial ...

Save Laguna de Bay
philstar.com - 2018-05-28
As a result, not one flood control structure was built. Susmariosep! In 2014, Architect and Urban Planner Felino A. Palafox Jr. wrote about his vision of Laguna de Bay, "The lake is located along Metro Manila, Laguna and Rizal provinces, parts of ...

Senate renews franchises of 4 broadcast firms
Philippine Daily Inquirer - 2018-05-28
The Senate approved the renewal of franchises of the Manila Broadcasting Company, Bright Star Broadcasting Corp., Notre Dame Broadcasting Corp. and Vanguard Radio Network Company, Inc. "Broadcasting services are the nervous system of our society as they ...

Joel to Tom: Thank me for SRP investors
philstar.com - 2018-05-27
He added that the same is true with Federal Land Inc., a Manila-based developer that recently offered to buy a three-hectare lot at the SRP at P115,000 per square meter. Garganera said that in their last executive session with officials of Filinvest Land ...

House approves work-from-home bill
philstar.com - 2018-05-27
He said institutionalizing new and alternative modes of working, made possible through the use of modern technology, is very timely in light ... It also leads to a better health condition for employees as telecommuting lessens their exposure to pollution ...

Petron XCS crowned beach volley queens
Manila Standard Today - 2018-05-27
Petron XCS dug deep into its well of experience as it clobbered Sta. Lucia Realty A, 21-8, 21-11, to clinch the title of the Philippine Superliga Beach Volleyball Challenge Cup yesterday at the Sands By the Bay in Mall of Asia. Sisi Rondina and Bernadeth ...

Stocks to stay flat; eyes on oil prices
Manila Standard Today - 2018-05-27
The weekly top gainers were Megawide Construction Corp., which rose 8.4 percent to P22.60; San Miguel Food and Beverage Inc., which climbed 6 percent to P68.90; and DMCI Holdings Inc., which advanced 5.7 percent to P10.78. The weekly top price losers were ...

DMCI Homes eyes P49-billion in sales from eight condo towers
Manila Standard Today - 2018-05-27
DMCI Homes, the residential unit of conglomerate DMCI Holdings Inc., expects to raise P49 billion from eight high-rise residential projects it plans to launch this year. DMCI Homes president Alfredo Austria said in a statement over the weekend the company ...

Alsons says Sarangani coal plant on track
Manila Standard Today - 2018-05-27
Alsons Consolidated Resources Inc. is confident of completing the second unit of the coal-fired power plant of Sarangani Energy Corp. in Maasim, Sarangani province by the first quarter of next year. National Grid Corp. of the Philippines committed to ...

A Filipina tops London speaking contest
philstar.com - 2018-05-27
They must all be smiling proudly up there over their legacy. Jazmin won the national finals conducted at FEU Makati last February, with ESU-Phil officers as the judges: chair Gigi Virata, Dr. Lourdes Montinola, Erlinda Panlilio, Butch Dalisay and this writer.

Market to move sideways
philstar.com - 2018-05-27
Astro del Castillo, managing director at First Grade Finance Inc., said the hawkish stance of the Fed ... Thus, last week, the Philippine Stock Exchange index fell by 0.32 percent week-on-week for the second straight week to 7,647.51.

MMDA opens EDSA-Ayala tunnel after oil spill
philstar.com - 2018-05-27
Bong Nebrija, operations officer of the MMDA, said the EDSA-Ayala tunnel was opened following a cleanup. Nebrija said a van driven by Allan Laruan and owned by SK Techno-Lube Corp. crashed along the tunnel, causing the oil spill. Four motorcycle riders who ...

Rondina-Pons bags beach volley crown
philstar.com - 2018-05-27
MANILA, Philippines -- Reigning champion Sisi Rondina and Bernadeth Pons put on another solid outing as Petron XCS thumped the Sta. Lucia pair of Jackie Estoquia and DM Demontano, 21-8, 21-11, to capture the Philippine Superliga Beach Volleyball Challenge ...

DTI: Price compliance at 100%
philstar.com - 2018-05-27
At present, owners of public utility vehicles avail of a P1 per liter discount under an existing MOA between the DOE and only three oil firms - Petron Corp., Phoenix Petroleum Philippines Inc. and Pilipinas Shell Petroleum Corp. The Philippines must ...

Train stories
BusinessMirror - 2018-05-27
The Orient Express aside, train travel has been one of the most ef­ficient forms of transportation for more than a century, and many of the world ... s still very dependent on oil to power our homes, industries and transportation, any increase in ...

Provinces adopt financial inclusion program KasamaKA
BusinessMirror - 2018-05-27
In Photo: Innovations President and CEO Orlando B. Vea (from left), PLDT Group Chairman Manuel V. Pangilinan, League of Provinces of the Philippines National Chairman Gov. Al Francis C. Bichara and FINTQ Managing Director and KasamaKA Founder and Lead ...

Banks bare stronger, cleaner balance sheets in first quarter
BusinessWorld - 2018-05-27
and the Bank of the Philippine Islands (BPI). They were also the same banks that issued the most loans during the period, also in that order. Among the banks with assets worth at least P100 billion, Robinsons Bank Corp. continued to post the fastest growth ...

Tabal leads 4 Cebu runnersin Jeju Marathon
philstar.com - 2018-05-27
Their participation is part of their reward for making it in the overall Top 3 during the 7-Eleven Run Series held simultaneously in Cebu, Manila and Davao last February. Pescos will run the full marathon distance, while Lee, Tabal, and Sorongon will ...

PSE approves 15.5-B IPO of DM Wenceslao Assoc.
BusinessMirror - 2018-05-27
THE Philippine Stock Exchange (PSE ... Proceeds will be mainly used to further expand its real-estate development footprint through a mix of commercial and residential projects in Aseana City. BPI Capital Corp. and Maybank ATR Kim Eng Capital Partners ...

Transcom to expand PHL offices in 2-3 years
BusinessMirror - 2018-05-27
BUSINESS-process outsourcing firm Transcom Holding ... Metro Manila is already saturated. "Our expansion would not be in Metro Manila. We see opportunities to move out into provincial sites," Lyndsell told reporters at the sidelines of the company ...

ACR, Ayala to invest P20 billion to develop Davao City property
BusinessWorld - 2018-05-27
ALSONS Consolidated Resources, Inc. and Ayala Land, Inc. are developing the Azuela Cove project in Davao City. -- WWW.AYALALAND.COM ALSONS Consolidated Resources, Inc. (ACR) has placed at P20 billion the initial investment in a Davao City property it is ...

Can consumers keep on availing of car loans amid TRAIN?
BusinessWorld - 2018-05-27
The market for cars has grown in years due to the numerous players in the market offering various promos and a robust consumer demand," De La Salle University economist Mitzie Irene P. Conchada said. "There is so much potential in the automotive ...

Players look for signals amid Q1 market volatility
BusinessWorld - 2018-05-27
The same sentiment was echoed by Michael L. Ricafort, economist at the Rizal Commercial Banking Corp. (RCBC): "Since the start of 2018, peso-to-dollar exchange rate has gone up already by about 4%, while other Asian currencies have ironically declined by ...

Maynilad builds new central laboratory
BusinessWorld - 2018-05-27
Outside Metro Manila, the company covers the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario -- all in Cavite province. Metro Pacific Investments Corp., which has majority stake in Maynilad, is one of three Philippine units ...

Of millennials and banking
BusinessWorld - 2018-05-27
Casanova, consumer business and operations group head of Security Bank Corp., told BusinessWorld in an interview. "What is the behavior when the internet is gaining popularity? Everything becomes instant. Most of the things are instant, fast and online."

Flat trades expected in face of MSCI rebalancing
BusinessWorld - 2018-05-27
Papa Securities Corp. said investors will be looking at the implementation of MSCI rebalancing scheduled on May 31. MacroAsia Corp. and Ayala-led Integrated Micro-Electronics, Inc. will be added to the MSCI Global Small Cap Indices, while Lopez Holdings ...

Petron's Rondina-Pons tandem captures PSL beach volley crown
Rappler - 2018-05-27
MANILA, Philippines - Petron XCS dug deep into its well of experience as it clobbered Sta. Lucia Realty A, 21-8, 21-11, to clinch the title of the Philippine Superliga (PSL) Beach Volleyball Challenge Cup on Sunday, May 27, at the Sands By the Bay in ...

Positive and negative disruptions in the electricity market
BusinessWorld - 2018-05-27
During the BusinessWorld Economic Forum 2018 last May 18 at Grand Hyatt BGC, among the speakers were Kristine Romano of McKinsey & Company, and Luis Miguel Aboitiz of Aboitiz Power Corporation. Ms. Romano partly mentioned that innovations in the energy ...

GMR, GVK in race for Philippines airport O&M contract
Economic Times - 2018-05-27
"Among those that procured bid documents for the airport's O&M include Megawide-GMR Consortium, Metro Pacific Investment Corporation (MPIC), Filinvest Development Corporation, GVK Airport Developers Ltd., and Groupe ADP," the BCDA release said. BCDA ...

Free market
philstar.com - 2018-05-27
As far as broadband internet services are concerned, there are already a lot of players who promise to offer higher speed data at lower prices like Converge and Now Corp. with its fiber-in-the-air service. Businesses require a level playing field to thrive ...

85 families in wetlands to be relocated outside Boracay
Rappler - 2018-05-27
According to Aklan Governor Florencio Miraflores, San Miguel Corporation will help in rehabilitation and biodiversity conservation efforts for the said wetland. San Miguel Corporation will also set up 100 tents, and provide basic facilities for the families.

PISCON 2018 talks future of online freelancing
thestandard.com.ph - 2018-05-27
EON for online freelancers One of the biggest sponsors of the event is Union Bank of the Philippines (UnionBank) through EON. A large number of online freelancers have been using EON to receive the income they get for the work they render. Prospective ...

The new world of political risk
philstar.com - 2018-05-26
Amy Zegart is co-director of the Center for International Security and Cooperation, Senior Fellow at the Hoover Institution and Senior Fellow at the Institute for International Studies at Stanford University ... in Silicon Valley technology start ups ...

Ilonggos out to outshine Smart
philstar.com - 2018-05-26
Focus is on Romeo and Ilonggos James Yap, Ronald Tubid, Jericho Cruz, Emman Monfort and Kiefer Ravena as Smart Team Phl squares off with the PBA Visayas All Stars at the close of the three-leg PBA All-Star series tonight at the San Agustin Gym. Romeo ...

Defining the Heisei Era, part 1: Excess
The Japan Times - 2018-05-26
The Nikkei index on the Tokyo Stock Exchange closed at just below ... placing it slightly above Sri Lanka ($91) and the Philippines ($88), but well behind the U.S. ($1,600) at the time. "They wanted to acquire such luxury and Western values and ...

Balasabas scores breakthrough golf victory
thestandard.com.ph - 2018-05-26
Jerson Balasabas ended a long quest for a breakthrough win the hard way, recovering from a wobbly finish in regulation and edging Dutch Guido Van der Valk on the first sudden-death hole to snare the ICTSI Villamor Philippine Masters crown at the Villamor ...

NPC on the lookout for violators of Data Privacy Act
TechnoChops - 2018-05-26
On our own shores, Jollibee Foods Corporation (JFC) had to reassure the public that it is updating security measures. The Complaints and Investigation Division of the NPC found that even less knowledgeable persons could gain entry to the private ...

Let there be light in Marawi
thestandard.com.ph - 2018-05-26
Oc October 2017, the team engaged its celebrity brand ambassadors, including Daniel Padilla, Jasmine Curtis-Smith, National University volleybelle Jaja Santiago, and Magic 89.9 radio jocks Tin Gamboa (DJ Suzy), Anthony James Bueno (Tony Toni), and Eric ...

Veco eases bills payment with 7 thousand TPAs nationwide
philstar.com - 2018-05-26
VECO, owned and managed by publicly-listed Aboitiz Power Corporation and Vivant Corporation, serves the cities of Cebu, Mandaue, Talisay, and Naga as well as four municipalities in the greater part of Metro Cebu--Liloan, Consolacion, Minglanilla ...

PLDT eyes Cebu as central data center in the Visayas, opens 10th Data Center
TechnoChops - 2018-05-26
Looking to use Cebu as its central data center for the entire Visayas Region, Philippine Long Distance Telephone Company (PLDT) has opened its 10 th Data Center nationwide and a second one there. This structure is a P1-billion facility that currently has a ...

DOE's P300-M fuel subsidy for jeepney drivers 'still unaudited'
Rappler - 2018-05-26
Among the requirements were the fund utilization report, fund loading by the Bank of the Philippine Islands (BPI), and the inventory of the cash cards given to jeepney drivers. This means that it's not clear how the P300 million was used, and how many ...

Great design sometimes begins with rubbish
philstar.com - 2018-05-25
Why is it, in the vast space that all these products occupy in homes, offices and stores ... A gorgeous modular kitchen (which will inarguably take the company into the next century), lighting fixtures, bathroom and kitchen accessories, and even a prefab ...

Slower growth, higher prices or more subsidies: Asia's oil-related trilemma
Economic Times - 2018-05-25
Joe Zaldarriaga, spokesman of Manila Electric Company , the Philippines' largest power distributor also known as Meralco, says if oil prices stay at $80, the cost of the power it buys from its biggest supplier may rise 10 percent. This may be passed on to ...

Slower growth, higher prices or more subsidies: Asia's oil-related trilemma
Reuters - 2018-05-25
Cebu Air Inc, operator of Cebu Pacific, says its oil price hedging strategy helped, but it still had to increase average fare prices by 10 percent in the first quarter after a 3.8 percent increase for the whole of 2017. "Coupled with the weakening peso ...

Harbor Star tapped to supply two barges
Manila Standard Today - 2018-05-25
Harbor Star Shipping Services Inc. secured a P118-million contract from Cebu Link Joint Venture to provide two specialized barges. The barges will be used for the construction of the Cebu-Cordova Link Expressway. CLJV is a joint venture of Spain-based ...

BAP to push awareness of blockchain technology
BusinessMirror - 2018-05-25
to enhance the general awareness of the latest technology and convince business leaders and thinkers that are not yet on the blockchain to embrace it. In a news briefing held on May 21, Union Bank of the Philippines Chairman and CEO Justo Ortiz said the ...

Meralco, AboitizPower keen on New Clark City ventures
philstar.com - 2018-05-25
MANILA, Philippines -- Manila Electric Co. (Meralco) and Aboitiz Power Corp. are keen on investing in a new distribution utility in partnership with the Bases Conversion and Development Authority (BCDA) for New Clark City, touted as the next growth center ...

PLDT, SMART team up with NBA
philstar.com - 2018-05-25
MANILA, Philippines -- Telecommunications and digital service providers PLDT and Smart forged a multi-year partnership with the NBA to provide subscribers access to live and on-demand games through select offerings of the NBA League Pass. Over 62 million ...

Grand slam
thestandard.com.ph - 2018-05-25
SM Keppel Land won in eight categories at the recent 6th PropertyGuru Philippines property awards. It bagged the most wins for any developer this year, including best universal design development, best retail development, best office development ...