BPI inks deal with Canadian money-transfer company
BusinessMirror - 3 weeks ago
THE Bank of the Philippine Islands (BPI) announced recently that it has partnered with a digital money-transfer company from Canada that the bank said would offer quicker money transfers at lower ...

17th AFFI Franchise and Business Expo opens Feb. 1
BusinessMirror - 3 weeks ago
The expo is open until February 3, 2019, at Halls B and C of the World Trade Center in Pasay City from 10 a.m. to 7 p.m. Expo partners include Globe MyBusiness and Security Bank.

PLDT joins the Next Generation Enterprise Network Alliance
Rappler - 3 weeks ago
[Editor's note: PLDT Enterprise has partnered with Next Generation Enterprise Network Alliance (NGENA). Below is the press release from PLDT Enterprise.] MANILA, Philippines - PLDT Enterprise, the B2B arm of PLDT Inc., has entered into a partnership with ...

Cool Runnings, Pinoy style
Bandera - 3 weeks ago
He is thankful that big conglomerate San Miguel Corporation has come in as a principal sponsor for the national team. He is also happy that Fil-Canadians in Alberta were even the ones who told him they are willing to raise funds for the team to train and ...

Dennis Uy eyes another regional airport
philstar.com - 3 weeks ago
Chelsea has also submitted earlier an unsolicited proposal for the New Bohol (Panglao) International Airport, but an OPS has been granted to the Aboitiz Group last September. For the Kalibo International Airport, an OPS has likewise been awarded to Mega7 ...

Solons urge ERC to decide on pending PSAs
BusinessMirror - 3 weeks ago
In File Photo: Linemen from the National Grid Corp. of the Philippines conduct a maintenance check on power lines to ensure the reliability of electricity supply in the Luzon grid. Lawmakers on ...

Another local firm wants to be common tower provider
newsbytes.ph - 3 weeks ago
Local firm Transpacific Broadband Group International (TBGI) is eyeing to create a subsidiary that will build cell site towers to be offered to telcos for common use under lease. The subsidiary ...

4 more establishments ordered closed for polluting Manila Bay
Philippine Daily Inquirer - 3 weeks ago
MANILA, Philippines - Four more commercial establishments were shut down for dumping wastewater into the Manila Bay, Environment Secretary Roy Cimatu announced on Thursday. Cimatu said the ...

Mighty Sports lands in Dubai, eyes redemption
philstar.com - 3 weeks ago
The apparel and accessories team will have an immediate chance to prove it is as good as advertised when Mighty Sports raises the curtains in the prestigious 10-team tournament against fellow Group A member American University ... (11 p.m., Manila time ...

Preparing for the Next Generation of Actively Managed ETFs
Lexology - 3 weeks ago
Alice Corp. v. CLS Bank International, 573 U.S. 208, 134 S. Ct. 2347. In some cases, copyright and trade secret protection for the underlying software will help protect exclusivity. Therefore, advisers developing their own proprietary Next Gen ETF ...

BIR misses 2018 revenue target on lower excise tax, VAT collections
CNN Philippines - 3 weeks ago
Metro Manila (CNN Philippines, January 30) -- The country's tax agency has failed to reach its target collection for 2018 despite the effectivity of the tax reform law. In a report to the House ...

Bangladesh to sue Manila bank over $81 mln cyber heist -- cenbank governor
InterAksyon - 3 weeks ago
FILE PHOTO - Maia Santos Deguito, a branch manager of the Rizal Commercial Banking Corp (RCBC) reacts during a money laundering hearing at Senate in Manila March 15, 2016. (REUTERS/Romeo Ranoco/File Picture) DHAKA -- Bangladesh will file a lawsuit in a U ...

PLDT joins global alliance of next-generation enterprise networks
philstar.com - 3 weeks ago
We are also excited to enable our global alliance partners to offer best of breed data connectivity services to their customers operating here in the Philippines," says Jojo Gendrano, PLDT FVP and head of Enterprise Core Business Solutions at PLDT ...

AEV raising funds via retail bonds offering
Inquirer - 3 weeks ago
Conglomerate Aboitiz Equity Ventures Inc. plans to raise up to P30 billion from a fresh bond offering, mostly to fund acquisitions, future investment and other corporate requirements. In a ...

Candidate for Congress, driver die in QC ambush
Philippine Daily Inquirer - 3 weeks ago
Joselito Esquivel, director of the Quezon City Police Department (QCPD). Beltran, 47, was taken to FEU-NRMF Medical Center but was declared dead around 12:25 p.m. Salita was declared dead on ...

PH, regional markets down, search for clues from Fed
Inquirer - 3 weeks ago
SM Investments also firmed up. Among the notable gainers outside the PSEi were ISM and MacroAsia, which respectively surged by 9.58 percent and 3.41 percent. Premiere Horizon Alliance also added 0 ...

2 more firms offer help to build crucial cell sites
Inquirer - 3 weeks ago
In a separate development, listed Transpacific Broadband Group International Inc. said it planned to also build cell towers and that it intended to sign a similar arrangement with the DICT.

Bigger discounts, deals for travelers
Sun Star - 3 weeks ago
The Cebu Tours and Travel Association (CTTA) and Cebu Alliance of Tour Operations Specialists (Catos) suggest Cebuanos head over to Ayala Center Cebu on Feb. 15 ... not just for pilgrimage tours to the Holy Land, but also to see the other tourism ...

The mass housing mess: Why Filipinos continue to struggle with owning a home
BusinessMirror - 3 weeks ago
Millar said the ceiling for socialized housing is P700,000 for a 22-square-meter (sqm) property, while P750,000 is the ceiling for a 24-sqm property in Metro Manila or the National Capital Region ...

AEV to issue P30-B retail bonds
BusinessWorld - 3 weeks ago
ABOITIZ Equity Ventures ... bulk of which will go to power and water projects. The company is currently pursuing more renewable energy projects both locally and abroad. Overseas, Mr. Lozano said they are exploring Indonesia, Vietnam, Malaysia, and Myanmar.

Take the boat; lose the wife?
BusinessMirror - 3 weeks ago
The store manager was Bob Zapel. He was someone you would consider a genuinely nice guy and a professional at his business. Bob also had great hair, which 40 years ago was important to me.

Thai ties Korean
BusinessMirror - 3 weeks ago
000 tournament serving as the fourth leg of the 2018-2019 season of the circuit put up by ICTSI. Looming large at 141, however, is Superal, who broke a run of pars with solid iron play that saw ...

PHA eyes acquisition of tourism hospitality firms
BusinessWorld - 3 weeks ago
PREMIERE Horizon Alliance Corp. (PHA) plans to acquire companies engaged in real estate and tourism hospitality in the next two years, while waiting on the development of its resort project in Palawan. In a disclosure to the stock exchange on Wednesday ...

Racaza resigns from Xurpas
BusinessWorld - 3 weeks ago
XURPAS, Inc. has named Alexander D. Corpuz its new president, replacing Raymond Gerard S. Racaza who resigned from his role as president, chief executive officer and director of the company. The listed firm made the announcement to the stock exchange on ...

CPG plans P3-B retail bond issuance
BusinessWorld - 3 weeks ago
CENTURY Properties Group, Inc. (CPG) plans to raise up to P3 billion from the issuance of retail bonds, it told the stock exchange on Wednesday. The Antonio-led property developer on Wednesday said its board of directors gave the go signal for the company ...

AEV board approves P30-billion fixed rate bond issuance
BusinessMirror - 3 weeks ago
THE board of Aboitiz Equity Ventures Inc. (AEV) on Wednesday approved the issuance of P30-billion denominated retail bonds to be sold in tranches. In its disclosure to the Philippine Stock ...

CPG to issue P3 billion in unsecured bonds
BusinessMirror - 3 weeks ago
THE board of property developer Century Property Group Inc. (CPG) on Wednesday approved the issuance of P3 billion in unsecured fixed-rate peso retail bond. The company said it would file a ...

The cannabis industry
BusinessWorld - 3 weeks ago
In March 2018, the United Kingdom was reported to be the largest world producer of "legal" cannabis, otherwise known as "medical" marijuana. This was based on 2017 data with the International Narcotics Control Board (INCB), which is the independent ...

PLDT workers lose P2-M labor case at Court of Appeals
Rappler - 3 weeks ago
MANILA, Philippines - The Duterte administration's promise to weed out the illegal scheme of labor-only contracting takes a hit as the Court of Appeals (CA) threw out a labor case against telecommunications giant Philippine Long Distance Telephone (PLDT ...

SE Asia Stocks-Philippines falls most in 2 weeks
Reuters - 3 weeks ago
Investors await U.S. Fed decision, Sino-U.S. trade talks * Malaysia down 0.4 pct, exports to China contract By Mensholong Lepcha Jan 30 (Reuters) - Most Southeast ... trade tensions and waning business and consumer confidence. Adding to investor caution ...

AboitizPower plans P16.8 billion bonds in second half of 2019
philstar.com - 3 weeks ago
MANILA, Philippines -- Aboitiz Power Corp. plans to issue up to P16.8 billion fixed-rate bonds in the second half. In a disclosure to the Philippine Stock Exchange yesterday, AboitizPower said its board approved the issuance of the third tranche of its ...

Data scientists needed in every industry, experts say
Rappler - 3 weeks ago
and executives from the private sector as part of their Deep Learning course requirement under School of Innovation, Technology, and Entrepreneurship (SITE) Head Dr. Christopher Monterola. Deep learning is a set of machine learning and computational models ...

Southwestern grad tops dentistry exam
Sun Star - 3 weeks ago
A GRADUATE of Southwestern University (SWU)-Phinma landed in the top 10 of December 2018 National Dentistry Licensure Examination. Marian Ave Loquellano Ibon ranked fifth among 700 successful examinees. Ibon is also the only topnotcher from the Visayas.

Barangay captain killed in Quezon City ambush
Rappler - 3 weeks ago
Beltran was rushed to the FEU-NRMF Medical Center, but she was declared dead on arrival. She was running for a House of Representatives seat in the 2019 elections, hoping to represent the 2nd District of Quezon City. - Rappler.com

Tour operators to hold travel expo
Sun Star - 3 weeks ago
The Cebu Tours and Travel Association (CTTA) and Cebu Alliance of Tour Operations Specialists (Catos) suggest Cebuanos should head to Ayala Center Cebu on Feb ... go not just on pilgrimage tours to the Holy Land but also see the other tourism attractions ...

QC barangay chairwoman killed by motorcycle-riding gunmen
Philippine Daily Inquirer - 3 weeks ago
According to the Quezon City Police, Villanueva was rushed to the FEU-NRMF Medical Center but was declared dead on arrival.

ANA invests in Philippine Airlines as PAL expands
Centreforaviation.com - 3 weeks ago
Philippine Airlines (PAL) is planning further rapid expansion of its international operation over the next few months as it launches services to Hanoi, New Delhi and Phnom Penh and adds frequencies to 12 of its 39 existing international destinations.

Philippines' Hotel 101 seeks cash abroad to fuel global rise
Nikkei Asian Review - 3 weeks ago
In 2012, Tony Tan Caktiong, founder and chairman of Jollibee, the largest fast food chain in the Philippines, became an investor in the company. Asset management companies for Sia and Tan Caktiong ...

Megaworld Corp. allocates P65-billion capex this year
BusinessMirror - 3 weeks ago
MEGAWORLD Corp., the property-development arm of businessman Andrew Tan, said it is allocating P65 billion in capital expenditures (capex) this year, mainly for residential, office and mall ...

Tax revenue up 10% but 4% short of P2-trillion BIR target
Philippine Daily Inquirer - 3 weeks ago
Excise collection from minerals also fell below goal due to an appeal for tax exemption lodged by Semirara Mining and Power Corp. as well as the suspension of several mine operations being ...

ANA to invest $95 million in PAL
BusinessMirror - 3 weeks ago
JAPANESE airline All Nippon Airways (ANA) is investing $95 million (P5.009 billion) into Philippine Airlines (PAL) for a 9.5-percent stake in the carrier currently striving to become a five-star ...

Megaworld sets aside P65B for expansion in 2019
Inquirer - 3 weeks ago
Five new office towers are expected to be completed within the year in Uptown Bonifacio, Iloilo Business Park, Arcovia City and Pampanga, with total gross leasable area of around 189,000 sqm.

PSE index down as investors pocket gains
Inquirer - 3 weeks ago
ICTSI and BPI both fell by over 1 percent while SM Prime Holdings, Ayala Corp., PLDT, URC and Meralco all slipped. On the other hand, JG Summit gained 2.04 percent while BDO, Jollibee and AEV all ...

Privacy commission probing report of data breach from Globe Telecom
Inquirer - 3 weeks ago
MANILA, Philippines - The National Privacy Commission is verifying a report from Globe Telecom about a personal data breach affected 8,851 prepaid customers after registering for free ...

PAL plane blocks NAIA runway, interrupting operations
Philippine Daily Inquirer - 3 weeks ago
MANILA, Philippines -- A Philippine Airlines (PAL) plane obstructed a runway at the Ninoy Aquino International Aiport (NAIA) on Tuesday evening, momentarily interrupting operations. According to ...

Aboitiz Power eyes P16.9-B fixed rate bond issue
Inquirer - 3 weeks ago
Aboitiz Power Corp. plans to issue within this semester P16.9 billion worth of fixed rate bonds as the company nears its goal of building a portfolio of at least 4,000 megawatt (MW) of installed ...

Meralco names incoming president
BusinessWorld - 3 weeks ago
Also at that time, he was board member of the four listed companies, namely: PLDT, Inc.; Metro Pacific Investments Corp.; Lepanto Consolidated Mining Corp.; and Roxas Holdings Inc. In April last year, Mr. Espinosa, who was 61 at that time, was chairman of ...

Collection of income, VAT, excise taxes tied to P82-billion BIR shortfall
BusinessMirror - 3 weeks ago
Some of them may go out of the business, or some might have shifted to other kinds of nontax consumption," Misajon said in an interview with reporters. Misajon traced the lower total excise tax ...

AboitizPower to issue P16.8-billion bonds in H2
BusinessMirror - 3 weeks ago
ABOITIZ Power Corp. said on Tuesday it will issue in the second half of the year P16.8 billion worth of bonds, the third tranche of a P30-billion package under its shelf registration with the ...

Globe reports data breach affecting 8,000 customers
BusinessWorld - 3 weeks ago
GLOBE TELECOM, Inc. reported a data breach on the system of its "On the List" program. GLOBE TELECOM, Inc. said on Tuesday there has been a data breach on its system for the "On The List" program, affecting some 8,851 customers. In a statement ...