PLDT not keen on joining Globe for independent cell tower firm
Rappler - 2018-05-15
MANILA, Philippines - PLDT Incorporated is not interested in partnering with rival Globe Telecom Incorporated for the proposed independent company that would share, build, and deploy cellular towers across the Philippines. "At this time, we don't see any ...

SE Asia Stocks-Philippines gains; Indonesia down over 1 pct
Reuters - 2018-05-15
* Malaysia gains for third straight session * Indonesia's index of 45 most liquid stocks down 2 pct By Karthika Suresh Namboothiri May 15 (Reuters) - Philippine shares extended gains for a third consecutive session and touched a one-month high on Tuesday ...

Business Briefs: Fairfield Inn opens today in Athens, Tenn.
Chattanooga Times Free Press - 2018-05-15
"Delivering both function and comfort, our new design and décor elevate the Fairfield brand, setting a new standard in the moderate tier category," said Callette Nielsen, vice president and global brand ... in Peanuts Holdings, the company behind Charlie ...

MANILA ELECTRIC COMPANY
Economic Times - 2018-05-15
The company is likely to launch an electric version of the Kwid small car in the next couple of years, people in the know of the plans said. The government hopes this will help companies raise funds for fresh investments that could be ploughed into ...

PHILIPPINE NATIONAL BANK
Economic Times - 2018-05-15
"China should and does have a voice in shaping the international system, as do all countries. However, in recent years, we have grown concerned by China's strategic intentions," said a US official. Manila, Nov 13 (IANS) Prime Minister Narendra Modi on ...

Aboitiz Power inaugurates solar rooftop in Cebu
thestandard.com.ph - 2018-05-14
AboitizPower Distributed Energy Inc., the solar rooftop unit of Aboitiz Power Corp., recently inaugurated its first project in Cebu City. APX began operating the 100-kilowatt installation on top of the Aboitiz & Co. office in Cebu City in March and ...

Aboitiz Power inaugurates solar rooftop in Cebu
Manila Standard Today - 2018-05-14
AboitizPower Distributed Energy Inc., the solar rooftop unit of Aboitiz Power Corp., recently inaugurated its first project in Cebu City. APX began operating the 100-kilowatt installation on top of the Aboitiz & Co. office in Cebu City in March and ...

Manila Water secures P5-B loan from PNB
The Manila Times - 2018-05-14
Address: 2/F Sitio Grande Building 409 A. Soriano Avenue, Intramuros Manila 1002 Philippines Tel. : +63 (02) 524 5664 up to 67 Fax: +63 (02) 528-1729 Email: newsdesk@manilatimes.net opinion@manilatimes.net

Amaia Skies Shaw to turn over units in Q3
BusinessWorld - 2018-05-14
senior project development manager at Amaia Land, was quoted as saying in a statement. Amaia Land is a wholly owned subsidiary of Ayala Land, Inc. (ALI) which caters to the affordable market segment.

Stocks to climb as investors go bargain hunting
BusinessWorld - 2018-05-14
Meanwhile, online brokerage 2TradeAsia.com said companies with a weighted average of around 60% of the PSEi reported better-than-expected first-quarter results, including SM Investments Corp.; SM Prime Holdings, Inc.; Ayala Land, Inc.; PLDT, Inc.; San ...

Globe: PH data consumption soars
Sun Star - 2018-05-14
GIVEN the increasing appetite of Filipinos for on-demand video, electronic games, and multimedia content, soaring data consumption now serves as a key driver to the continuing strong growth of Globe Telecom. For the first three months of the year alone ...

Galedo in harness
BusinessMirror - 2018-05-14
MARK JOHN LEXER GALEDO leads a bigger local charge in the ninth edition of the Le Tour de Filipinas with the 7-Eleven Road Cliqq Roadbike Philippines rider hoping to relive his successful stint in 2014 when he won the only International Cycling Union (UCI ...

Gilas Cadets test Bulldogs
BusinessMirror - 2018-05-14
Nevertheless, the young nationals have their work cut out for them when they battle NU at 7 p.m. Undefeated Far Eastern University (FEU) and College of Saint Benilde (CSB), meanwhile, part ways when they collide at 12:30 p.m. FEU is 3-0, while a much ...

Security Bank launches new UITF product
BusinessMirror - 2018-05-14
Security Bank Corp. on Monday introduced a new investment vehicle, a unit investment trust fund (UITF), that will allow local participants to invest in companies across the Asia-Pacific region. The bank said the new product--dubbed the SB Asia Pacific ...

The SSMG stock market prediction
BusinessMirror - 2018-05-14
However, as with every secret group of experts, there is a blood oath that this information ... One I found that caught my interest was an article on one of the Kings of financial news, CNBC. The title was "An indicator with a nearly perfect track ...

DMCI power unit expects to sustain growth this year
BusinessMirror - 2018-05-14
SEMIRARA Mining and Power Corp., a unit of DMCI Holdings Inc., said it will sustain growth this year despite the scheduled and unplanned shutdowns in the first quarter of its four power plants. "Even with the plant shutdowns, we are on track to deliver ...

Meralco contracted only 50MW more power till June
BusinessMirror - 2018-05-14
When needed, MeralCo could always activate its Interruptible Load Program, which works by calling on business customers with loads of at least 1 MW to run their own generator sets, if needed, instead of drawing power from the grid.

Completion of Bulacan airport runways eyed 2022
Sun Star - 2018-05-14
The New Manila International Airport project is an unsolicited proposal for an infrastructure project which the private sector, led by San Miguel Corporation (SMC), initiated its submission to the government. The project, which costs some P735 billion and ...

Galedo back in harness for Le Tour
thestandard.com.ph - 2018-05-14
Mark John Lexer Galedo leads a bigger local charge in the ninth edition of the Le Tour de Filipinas, with the 7-Eleven Road Cliqq Roadbike Philippines rider hoping to relive his successful stint in 2014 when he won the only International Cycling Union ...

Planned deal between PLDT's Voyager, Tencent might not push through
Rappler - 2018-05-14
"We'll still carry on. The volume of business and the number of accounts on PayMaya, merchants have grown," Pangilinan told reporters. PayMaya has been actively collaborating with merchants, latest of which was hand-rolled soft pretzel chain Auntie Anne's ...

The most inclusive province: Bataan
BusinessWorld - 2018-05-14
Bataan was the 7 th most competitive province in the country in 2016, according to the National Competitiveness Council ... Director of the Center for Food and AgriBusiness of the University of Asia & the Pacific.

Tibaldo: Promoting culture and arts in a 5th Class Municipality
Sun Star - 2018-05-14
I JOINED the National Commission on Culture and the Arts Sub-Commission ... Ching is a former schoolmate who also finished Fine Arts majoring in Painting from the University of Santo Tomas. Another Tomasino, Arch. Ogie Caringal is with our Amping Sining ...

PLDT highlights aggressive fiber network rollout
thestandard.com.ph - 2018-05-14
TELCO leader PLDT outlined its nationwide fiber network rollout efforts at the recent FTTH APAC Conference held at the Shangri-La at The Fort. "As the preferred digital partner of Filipinos, we understand how access to mobile data and internet speed can ...

Security Bank rolls out Asia-Pacific investment trust fund
BusinessWorld - 2018-05-14
Security Bank Corp. has introduced an investment tool enabling customers to invest in companies outside the Philippines. In a statement Monday, May 14, Security Bank said it launched the SB Asia Pacific Equity Feeder Fund, a dollar-denominated unit ...

Semirara sees slower income growth in 2018 over plant shutdowns
Rappler - 2018-05-14
Semirara Mining, however, said it will still register positive net income this year, as the expected strong performance of its coal mining business will "slightly offset the impact" of the recent shutdown of its power plants under Sem-Calaca Power ...

China firms in Marawi rehab once blacklisted by World Bank
Rappler - 2018-05-14
China State Construction Engineering Corporation (CSCEC) and China Geo Engineering Corporation (CGC) allegedly colluded with local companies in the Philippines to rig the bidding of road projects partly financed by the international financing institution ...

Robinsons retail unit raises profit by 22% to P1.2b
Manila Standard Today - 2018-05-13
Robinsons Retail Holdings Inc., the retail holding company of the Gokongwei Group, registered a net income of P1.2 billion in the first quarter of the year, up 21.7 percent from the same period a year ago. Robinsons Retail said in a disclosure to the stock ...

DMCI Holdings earnings rose 5% to P4.3B in Q1
BusinessMirror - 2018-05-13
ENGINEERING conglomerate DMCI Holdings Inc. said its net income grew a slim 5 percent during the first quarter of the year to P4.3 billion from P4.1 billion last year. The company said higher coal prices, water billed volume and construction revenues ...

LTG income grows 61% in Q1 on strong tobacco business
BusinessMirror - 2018-05-13
Its 30.9-percent stake in Victorias Milling Co. Inc. contributed P59 million or 2 percent. Income from the tobacco business was P2.36 billion for the period, the company said, while equity in net earnings from the 49.6-percent stake in PMFTC Inc. reached ...

Thais in full force for ladies classic
BusinessMirror - 2018-05-13
In Photo: Former Ladies Philippine Golf Tour leg winner Amolkan Phalajivin heads a 13-player team from Thailand. A 13-player strong Thailand delegation sets out for another crack at the Ladies Philippine Golf Tour (LPGT) crown in the International ...

Phoenix raises CSR stake in adopt-a-school program
BusinessMirror - 2018-05-13
This year its corporate social responsibility (CSR) arm, the Phoenix Philippines Foundation, witnessed the moving up to Grade One of the 3,319 kindergartens from various schools nationwide that it has supported. The different moving-up ceremonies were held ...

Puregold: Pace of Lawson expansion was too slow
BusinessWorld - 2018-05-13
SSI Group, Inc. and Ayala Land, Inc., through its 50-50 venture SIAL CVS Retailers, Inc., along with Japanese firms FamilyMart Co. Ltd. and ITOCHU Corp., sold 100% of Philippine FamilyMart CVS, Inc. to Dennis A. Uy-led Phoenix Petroleum Philippines ...

BPI still studying use of blockchain technology
BusinessWorld - 2018-05-13
BANK OF THE Philippine Islands (BPI) is not yet keen on using blockchain technology as the lender is still studying the applicability to banking processes. Cezar P. Consing, BPI president and chief executive officer, said the concept of a distributed ...

Anchor Land breaks ground for P1.5-B Cosmo Suites
BusinessWorld - 2018-05-13
ANCHOR LAND Holdings, Inc. is venturing into ... of the growing demand for leasable spaces by Philippine Offshore Gaming Operators (POGOs). POGOs occupied 48,000 square meters of office space for the first quarter of 2018 alone, most of which are in ...

PSE index gets boost from BSP rate hike decision
BusinessWorld - 2018-05-13
Corporate earnings reports also allowed the market to register gains for the week, with most property firms reporting double-digit growth in the first quarter of 2018. SM Prime Holdings, Inc. booked a 15% increase in net income to P7.6 billion driven by ...

Gateway airport decision up to future governments -- NEDA
BusinessWorld - 2018-05-13
However, he said that proponents should still evaluate scenarios for "the coexistence of two big airports." Conglomerates Aboitiz Infra Capital, Inc., AC Infrastructure Holdings Corp., Alliance Global Group, Inc., AEDC, Filinvest Development Corp., JG ...

Former Senate leader Edgardo Angara, 83
BusinessWorld - 2018-05-13
He also became president of the Philippine Bar Association in 1975, president of the Integrated Bar of the Philippines in 1979, chairman of the Philippine National Bank (PNB) from 1998 to 1999, and charter president of the Southeast Asia Parliamentarians ...

Globe wants cell towers deployed faster, willing to team up with PLDT
TechnoChops - 2018-05-13
Globe Telecom, Inc. is going full-blast in its intention to use more cellular towers for network expansion. Represented by president and chief executive officer Ernest Cu, Globe has stated that it is not averse to teaming up with its only rival ...

SWU PHINMA introduces Basic Education-STEM
Sun Star - 2018-05-13
Southwestern University PHINMA, earlier known as Southwestern University when it was first founded in 1946, is recognized in the region as a leader in medicine, dentistry, and allied health programs. The university provides students practice-focused ...

Gov't officials pay tribute to ex-Senate president Edgardo Angara
Rappler - 2018-05-13
Millennials owe Senator Ed Angara a debt of gratitude for ensuring them a more protected future through his authorship of 21st-century laws like the Cybercrime ... (FRIA), and the still-to-be implemented Real Estate Investment Act (REIT Act).

LT Group income soars to P3.63 B
philstar.com - 2018-05-13
The tobacco business contributed P2.35 billion or 65 percent of total income, followed by Philippine National Bank with P833 million or 23 percent. The higher earnings of the tobacco business is mainly attributed to better pricing as the company is "now ...

Villamor of CIT-U is new CESAFI prexy
philstar.com - 2018-05-13
Bernard Nicolas Villamor of the Cebu Institute of Technology-University is the new president of ... Yabao of the University of Southern Philippines Foundation. Re-elected as secretary and treasurer were Fr. Manuel Uy, SJ of SHS-Ateneo de Cebu and Frederick ...

Cybersecurity roundup: May 6 to 12, 2018
Rappler - 2018-05-13
This week's roundup features a bevy of stories, from the Russian effort to divide US society via Facebook ads, to a new bit of malware that takes advantage of social engineering on Facebook to deliver malicious chrome extensions to you. Facebook and ...

A prediction that became true; Stand with refugees
philstar.com - 2018-05-13
In the past few years we have seen many forced to flee their homes due to wars and conflicts occurring in ... climate change will displace hundreds of millions of people by the end of this century, increasing the risk of violent conflict and wiping ...

Globe in talks with third-party firms to put up cell tower company
newsbytes.ph - 2018-05-13
Mobile operator Globe Telecom said it has started discussions with independent third parties for the establishment of a tower company to accelerate the building and deployment of cellular towers in the Philippines. Rosemarie Maniego-Eala, chief financial ...

Six years hence, P54-billion MRT 3 buyout plan still in limbo
BusinessMirror - 2018-05-12
The said company, a partnership between Metro Pacific and Ayala Corp., operates the Light Rail Transit (LRT) Line 1. Its proposal for the MRT mimicked the same provisions under its concession agreement for the LRT 1 operations and modernization deal ...

Despite loss, USC advances to semis
Sun Star - 2018-05-12
THE University of San Carlos (USC) may have lost to the University of Cebu (UC) in their final elimination match yesterday, 26-24, 23-25, 25-18, 22-25, 15-12 at the USC Main Gym. But the Warriors get to have the last laugh after edging out the Webmasters ...

Megaworld to complete more office towers, malls this year
Sun Star - 2018-05-12
Rizal (640 hectares); Suntrust Ecotown in Tanza, Cavite (350 hectares); Maple Grove in General Trias, Cavite (140 hectares);The Hamptons Caliraya in Lumban-Cavinti, Laguna (300 hectares); The Upper East (34 hectares) and Northill Gateway (50 hectares ...

Concerns over State Insurance Fund's sustainability after pension benefits hike
Rappler - 2018-05-12
MANILA, Philippines - A labor group raised concerns on the sustainability of the ... According to the EO, the results of the actuarial studies of the Social Security System (SSS) and the Government Service Insurance System (GSIS) showed that the SIF ...

PLDT skeptical about sharing cell towers with competitors
newsbytes.ph - 2018-05-12
Pangilinan said in a press conference on Thursday, May 10. This was in reaction to the proposal of its corporate rival Globe Telecom to jointly create an independent tower company that will expedite the installation and deployment of cellular towers to ...