Superal tries to snap spell
BusinessMirror - 2018-03-12
Princess Superal hopes to end a long title spell on the Ladies Philippine Golf Tour (LPGT) as she headlines the compact field in the International Container Terminal Services Inc. (ICTSI) Tagaytay Highlands Challenge unfolding tomorrow at the Tagaytay ...

Founders Champion
BusinessMirror - 2018-03-12
FORMER pro Judeson Eustaquio fired a one-over-par 71 worth 35 points at Binitin in Murcia town on Sunday and helped Forest Hills hold off game Villamor for the Founders Division title in the 71st Philippine Airlines Interclub in Bacolod City Eustaquio ...

Antonio-led firm bags $3.2-billion Dubai deal
BusinessMirror - 2018-03-12
REVOLUTION Precrafted Properties Philippines Inc., a company led by one of the sons of former Ambassador Jose E.B. Antonio, said it bagged a $3.2-billion deal that will supply Dubai-based luxury property developer Seven Tides Ltd. to manufacture and supply ...

Oil firms announce rollback
BusinessMirror - 2018-03-12
Seaoil Philippines and Eastern Petroleum would implement the price rollback at 12:01 a.m. of March 13. PTT Philippines, Phoenix Petroleum and Total Philippines would implement their respective price adjustments starting 6 a.m. of Tuesday. They cited ...

Expedite review of unsolicited bids for Naia rehab, govt told
BusinessMirror - 2018-03-12
More expansion will follow to meet the expected growth in tourism, business and the economy. In 2017 the four Naia terminals, designed to handle only 31 million, accommodated 42 million, he added. "By 2019 the projection is we will have 47 million ...

Nikkei Asia300 Index jumps as US jobs data fuel equity gains
Nikkei Asian Review - 2018-03-12
The Philippines' conglomerate Ayala Corp. added 1.2% after reporting a 16% increase in profit attributable to owners for 2017. In country indexes complied by Nikkei, China rose 2.3%, Hong Kong added 2%, and India climbed 1.9%. South Korea gained 0.9% and ...

Market rebounds; MRC climbs - 2018-03-12
Fifteen of the 20 most active stocks ended in the green, led by Philippine Estates Corp. which went up 16.9 percent to P0.45 and MRC Allied Inc. which added 14.1 percent to P0.89. Energy Development Corp. gained 4.6 percent to P5.94. Meanwhile, other Asian ...

CNN Philippines holds 'Leading Women to #PressForProgress' summit
CNN Philippines - 2018-03-12
March 17, from 9:30 a.m. to 4:30 p.m. at the Francisco Santiago Hall, BDO Corporate Center, Makati. "Leading Women to #PressforProgress" is co-presented by San Miguel Corporation, BDO, and Organique California.

SM Group plans to spend P66.3b to expand units - 2018-03-12
Presentation materials posted on SMIC website showed that property unit SM Prime Holdings Inc. budgeted P50 billion for 2018 capital expenditures to develop integrated lifestyle projects including malls, high-rise residential and leisure homes, office ...

Carbon cutting
BusinessMirror - 2018-03-12
chairman and CEO of First Philippine Holdings, First Gen and Energy Development Corp., talked about in his speech during the second Philippine Environment Summit held in February. Lopez said as more renewable-energy sources come onto the grid and become ...

Stock market superstitions
BusinessMirror - 2018-03-12
And, suddenly, you have been replaced without warning. I will talk more about this at the Financial Literacy Summit 2018 for The Global Filipino Investors at the SMX Mall of Asia on April 8. Believing that "higher risk returns a higher reward" will ...

Ayala earmarks P249b for 2018 capital spending - 2018-03-12
Conglomerate Ayala Corp. said Monday it earmarked P249 billion for 2018 capital expenditures to support the expansion of core businesses, after recording a 16-percent net income growth to P30.3 billion in 2017. Ayala Corp. said in disclosure to the stock ...

First NatGas to supply Meralco's 24/7 power
Rappler - 2018-03-12
MANILA, Philippines - A wholly-owned subsidiary of First Gen Corporation will supply the Manila Electric Company (Meralco) with 414 megawatts (MW) of power capacity for P3.7 per kilowatt hour (kWh). First NatGas Power Corporation and Meralco signed a ...

Ayala Corp net income up 16% in 2017
Rappler - 2018-03-12
Ayala Land leads earners Equity earnings contributions from Ayala's business units hit P35.8 billion, up 12% higher from 2016, led by Ayala Land Incorporated (ALI) and AC Energy Holdings Incorporated, whose equity earnings contributions grew by 21% and 30% ...

Philippine conglomerate Ayala plans to hike investment to record $4.8 bln
Reuters - 2018-03-12
Ayala Land Inc will spend 112 billion pesos, Globe Telecom Inc will spend 45 billion pesos, while Manila Water Co Inc will spend 22 billion pesos and AC Energy Holdings Inc will invest 20 billion pesos, Ayala CFO Jose Teodoro Limcaoco told Reuters in an email.

Ayala boosts 2018 capex to P249 billion
BusinessWorld - 2018-03-12
The Ayala group is expanding its capital expenditure budget by nearly half to support the expansion of its business units after growing profits for the sixth consecutive year. In a statement, Ayala Corp. announced it will allocate P249 billion for capex ...

Petron Engineering Construction Ltd.
Economic Times - 2018-03-12
The Capital Structure page of Petron Engineering Construction Ltd. presents the Authorized Capital, Issued Capital, and Paid-Up Equity Capital of the company over the period. Capital Structure - Petron Engineering Construction Ltd.

Economic Times - 2018-03-12
The fund mop-up was about Rs 150 crore larger than the initially planned. The company has increased the total size amid overwhelming investor response. The World Bank's South Asia V-P says it's important to have a critical mass of women involved in ...

Conglomerates ask govt to expedite Naia project
Manila Standard Today - 2018-03-11
JG Summit Holdings Inc. of the Gokongwei family and Metro Pacific Investments Corp. of the Salim group represented by PLDT Inc. chairman Manuel Pangilinan. The super consortium will be initially called Naia Consortium. The project is divided into two ...

Market likely to move sideways
Manila Standard Today - 2018-03-11
Heavy losers last week included LT Group Inc. which retreated 9.2 percent to P19.70, Semirara Mining and Power Corp. which dropped 8.5 percent to P33.55 and ABS-CBN Corp. which lost 4.7 percent to P30. Asian stocks are likely to take a cue on the looming ...

ABS-CBN posts 10% income drop
Manila Standard Today - 2018-03-11
ABS-CBN Corp. said net income fell 10.3 percent in 2017 from a year ago because of the absence of election-related advertisements last year. The Lopez-led multimedia company said it posted a net income of P3.16 billion in 2017, down from P3.53 billion in 2016.

With so much at stake, super consortium wants to expand NAIA asap
InterAksyon - 2018-03-11
Actual work will take 24 more months for the first wave of immediate ... us to show you that the Philippines can also step up," he said. The seven conglomerates are: Aboitiz InfraCapital, Inc, AC Infrastructure Holdings Corporation, Alliance Global ...

ERC to rule on up to 90 pending cases before April 12
BusinessMirror - 2018-03-11
Aboitiz Power Corp. President Antonio Moraza, when sought for comment, said the agency is a very important and necessary component of the power industry. "We need the institution to operate and perform its many functions daily. Its structure is that it ...

Conglomerates appeal for fast decision on NAIA proposals
Rappler - 2018-03-11
It is composed of Aboitiz InfraCapital Incorporated, AC Infrastructure Holdings Corporation, Alliance Global Group Incorporated, Asia's Emerging Dragon Corporation, Filinvest Development Corporation, JG Summit Holdings Incorporated, and Metro Pacific ...

Victory Liner serves Clark Airport-Subic, Clark-Dagupan routes
InterAksyon - 2018-03-11
Clark International Airport is the gateway to Northern and Central Luzon. Several airline companies like the Philippine Airlines, Qatar Airways, Cebu Pacific Air, Emirates, Asiana, Jin and Korean Airlines currently use it. There will be four routes ...

PLDT formally gives Cure's 3G frequency for free
Rappler - 2018-03-11
The other licenses were given to Globe Telecom Incorporated, Sun Cellular, and PLDT's wireless unit Smart Communications Incorporated. In 2011, PLDT was instructed to turn over Cure's congressional franchise and frequencies to the NTC, as part of the ...

Trade gap continues to widen as imports outpace exports in January
InterAksyon - 2018-03-10
For Angelo B. Taningco, economist at Security Bank Corp., the export slowdown "may be attributed to a high base, especially since January 2017 recorded strong export growth." Michael L. Ricafort, Rizal Commercial Banking Corp. economist, was of the ...

Smart gets partners for Kindegarten App - 2018-03-10
It is expected to be launched within the year, for free download from Google Play. Photo shows (from left to right): BDA Executive Director Mohammad Yacob, FEU Institute of Technology Executive Director Dr. Benson Tan, and Smart Vice President for ...

Filipino icons of retail sector
Manila Standard Today - 2018-03-10
The elite list of personalities who were recognized as pillars of Philippine retailing are Henry Sy of SM Investments Corp. (Father of Philippine Retailing), Fernando Zobel de Ayala of Ayala Group (Pillar of Philippine Retail Development), Jorge Araneta of ...

MercedesTrophy braces for grand 13th staging - 2018-03-10
Other backers of the event are Boysen, Remy Martin and Security Bank. Three division champions and their respective runners-up along with the winner in ladies play will represent the Philippines in the MercedesTrophy Asian Finals via Philippine Airlines.

Saint Paul, Apostle to the Gentiles
BusinessMirror - 2018-03-10
Saint Paul is one of the two pillars of the church together with Saint Peter, the first pope. While in prison, Paul wrote to Timothy to express his firmness in faith even in adverse situations: "I have fought the good fight to the end. I have run the ...

Challenging the endurance of filipino cyclists - 2018-03-10
7-Eleven once again challenged the endurance of Filipino cyclists who joined their biggest single-loop cross-country mountain biking race to date, Trail 2018, held last Feb. 18. With more than 2,500 registered racers, Trail 2018 recorded the most number of ...

DMCI Holdings nets P14.8B
InterAksyon - 2018-03-10
Isidro Consunji, DMCI Holdings Chairman and President: "If we hit (again) 16 percent this year, we will be very happy." HANDOUT PHOTO MANILA - DMCI Holdings, Inc., a diversified engineering conglomerate, expects modest growth this year after recording ...

DMCI Holdings nets P14.8B
InterAksyon - 2018-03-10
Consunji is optimistic the real estate business "should be good" this year, as sales remained high despite higher prices spurred by rising construction materials and oil prices, a weaker peso and higher interest rates. "I think our real estate ...

Chelsea Logistics offers to develop Davao, new Bohol airports
InterAksyon - 2018-03-10
MANILA - Chelsea Logistics Holdings Corp. (CLC) has submitted to the Department ... but not followed through since the Duterte administration came into power. CLC will be contending with Aboitiz Equity Ventures for the New Bohol International Airport ...

Tax the terminator: Chinese adviser calls for levy to stop robots taking over the workplace
News Philippines Yahoo - 2018-03-10
Cai Fang, vice-president of the Chinese Academy of Social Sciences ... Economic Research Institute, robots will "definitely" surpass humans in many job skills in 10 to 20 years. Like Microsoft founder Bill Gates and other technology titans, Cai ...

Hydro power plant endorsed
The Visayan Daily Star - 2018-03-10
Thousands of residents witnessed the signing of a memorandum of agreement recently between the municipal government and the Phinma Energy Corporation, the developer of the project. "We welcome the coming of Phinma Energy in Mabinay because this will give ...

Economic Times - 2018-03-10
Trump may have low approval ratings at home, but he appears well liked in a country with one of the fastest-growing populations of millionaires in the world. The Nikkei ended 0.3 per cent lower at 23,788.20, staying slightly below its 26-year high of ...

Reliance Retail acquires 16% stake in US-based KTI
Economic Times - 2018-03-09
wholesale cash and carry stores and specialty stores. Reliance Retail, the consumer goods and electronics arm of Reliance Industries, has bought a 16% stake in US's KaiOS Technologies Inc, makers of the software that powers the company's popular JioPhone ...

Editorials from around New England:
The Wichita Eagle - 2018-03-09
Along the way, researchers took multiple medical readings to help them better understand ... These targeted cities are often college towns that offer cultural amenities, excellent restaurants, teaching hospitals and easy access to desirable recreational ...

Infra projects to help PH achieve 7% growth in 2018 - DOF
Rappler - 2018-03-09
DAVAO CITY, Philippines - The economy is on track with its prospect of a 7% growth in 2018, hinged on the government's continuous rollout of its infrastructure program. Finance Secretary Carlos Dominguez III said this Friday, March 9, during the country ...

Southern Option
Manila Standard Today - 2018-03-09
Elanvital Enclaves Incorporated is part of a conglomerate with various business ventures which includes Asia United Bank, Republic Biscuit Corporation (REBISCO) Oakwood Premier Joy-Nostalg, and Crystal Jade.

Aboitiz Equity earnings dip
BusinessWorld - 2018-03-09
Erramon I. Aboitiz, president and CEO of Aboitiz Equity Ventures, Inc. speaks to the press during the company's 20th listing anniversary at the Philippine Stock Exchange, Makati City, in this file photo taken on December 4, 2014. -- BW FILE PHOTO ABOITIZ ...

Innovative Builder
Manila Standard Today - 2018-03-09
INNOVATIVE BUILDER. Engineering and infrastructure firm Megawide Construction Corporation (Megawide) and Gaisano-led Midland Development Corp. recently signed a contract for the development of Taft East Gate Phase 1. The project is a 43-storey building to ...

NLEX Corp. to raise P25 B through fixed rate bonds
BusinessWorld - 2018-03-09
PhilRatings maintained the PRS Aaa credit rating for these bonds. MPIC is one of three Philippine units of Hong Kong-based First Pacific, along with PLDT, Inc. and Philex Mining. Hastings Holdings, Inc. -- a unit of PLDT Beneficial Trust Fund subsidiary ...

Uber Drivers Speak Out on That MIT Hourly Pay Study
The Village Voice - 2018-03-09
I took an extended lunch break from one of my day jobs to pedal out to the LaGuardia Airport For-Hire Vehicle holding area (where drivers wait ... or for any ride-share company. By my lights, he seemed an incredibly quick study, and his grasp of ride ...

PepsiCo Foundation and GENYOUth Partner to Conquer Hunger Among Students By Expanding "Grab-n-Go" School Breakfast Programs
CNN Money - 2018-03-09
PepsiCo products are enjoyed by consumers more than one billion ... driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable ...

Balinese Living by the Fairway - 2018-03-09
Accessible from Makati, Bonifacio Global City, and the rising business hub of ASEANA City, Fairway Terraces has been a hit so far among end-users, as well as investors.

Design Thinking - 2018-03-09
One example is the work MDI did for Union Bank of the Philippines (UnionBank). "The ARK is a bridge between the real-world banking experience and the digital experience, which we have made possible by teaming up with our partners, led of course by MDI ...

Southern Option - 2018-03-09
Elanvital Enclaves Incorporated is part of a conglomerate with various business ventures which includes Asia United Bank, Republic Biscuit Corporation (REBISCO) Oakwood Premier Joy-Nostalg, and Crystal Jade.