Philracom honors 2018 achievers - 4 weeks ago
MANILA, Philippines -- For their contributions to the horse-racing industry during the past year, the Philippine Racing Club Inc. and the Manila Jockey Club led the honorees at the 2019 Philippine Racing Commission (Philracom) Awards during simple rites ...

Navigating The Many Risks Of PFAS In M&A Transactions
Law360 - 4 weeks ago
[1] There are seemingly daily updates regarding either the omnipresence, potential health impacts or regulation of PFAS. It can be a challenge for environmental transactional attorneys to keep abreast of these updates, let alone to develop an understanding ...

Cabinet studies options on Hanjin PHL bailout
BusinessMirror - 4 weeks ago
The four others are Metropolitan Bank and Trust Co. (Metrobank), BDO Unibank, Rizal Commercial Banking Corp. (RCBC) and Bank of the Philippine Islands (BPI). Also on Wednesday, the Department of ...

Saso out to defend Philippine Ladies Amateur Open crown
BusinessMirror - 4 weeks ago
She also boasts of two victories in the local pro circuit, the last at Ayala Greenfield last year ... and sponsored by EVA Air, San Miguel Corp., Cherrylume, Philippine Daily Inquirer, Pascual ...

Palawan hybrid-power facility set to start commercial operation in Q2
BusinessMirror - 4 weeks ago
SREC is a joint venture company of Singapore-based WEnergy Global Pte Ltd., Gigawatt Power Inc. and Vivant Corp. WEnergy, ICMG Partners Pte Ltd. and Greenway Grid Global (GGG) Pte Ltd. have formed ...

More cell towers a boon for PHL telco industry
BusinessMirror - 4 weeks ago
Why is it, some wonder, that even with the vast war chest and a gigantic bandwidth at their disposal, Globe and PLDT still cannot provide their subscribers with fast Internet connection?

Cement makers air diverse views on imposition of safeguard duty
BusinessMirror - 4 weeks ago
On the sidelines of the European Chamber of Commerce of the Philippines briefing, ECCP President and Republic Cement Chief Executive Officer (CEO) Nabil Francis told reporters that the Philippines ...

Japan's biggest airline ANA 'in talks' to invest in PAL
Rappler - 4 weeks ago
Nikkei Asian Review, citing sources ... PAL is upgrading its fleet until 2024 as it aims to become a 5-star airline. At the moment, it is the Philippines' first and only 4-star airline.

What Worries Global CEOs The Most?
Entrepreneur - 4 weeks ago
Jaime Augusto Zóbel De Ayala, chairperson and the chief executive officer of Ayala Corporation in the Philippines, says, "Interestingly, I do believe that the escalation taking place between China and the United States is actually leading to renewed ...

Philippine Premier League revamps club football
Rappler - 4 weeks ago
MANILA, Philippines - The country's club football scene looks for a fresh start with the launch of the Philippine Premier League (PPL). PPL commissioner Bernie Sumayao laid down his plans for the league that is targeted to start at the end of March 2019 ...

Sweet dreams: A look inside a sugar factory in the Philippines
InterAksyon - 1 month ago
In Negros Occidental, The Victorias Milling Company is one of the modern mills that processes sugarcane to produce sugar. The meticulous sugar-making process begins in the fields when farmers harvest the sugarcane and bring it to the milling company.

Two hearts, one love - 1 month ago
Advance birthday greetings to Celia Cuasay and Gretchen Cojuangco, Jan. 21; Ethel Timbol, Rovy Ledesma and Alex Falcon, Jan. 22; Shirley Matias-Pizarro, Ernest Escaler and lawyer Lolong Lazaro, Jan. 23; Stephen Morelos, Jan. 24; Vista Land & Lifescapes Inc ...

Daraga mayor rushed to hospital after arrest
Sun Star - 1 month ago
Also recovered was a white Isuzu Alterra with plate number BCW 941. Six suspects who surrendered to the authorities and admitted taking part in the assassination of Batocabe had tagged Baldo as the mastermind. CIDG Director Amador Corpus said authorities ...

SE Asia Stocks-Philippines falls ahead of GDP data, Thailand gains
Reuters - 1 month ago
Industrial and financial stocks dragged the Philippine benchmark index 1.2 percent lower with shares of SM Investments Corp losing 1.6 percent and those of Aboitiz Equity Ventures Inc shedding 2.6 percent, ahead of the fourth-quarter GDP data expected on ...

ANA to buy 10% stake in Philippine Airlines, say sources
Nikkei Asian Review - 1 month ago
TOKYO -- ANA Holdings plans to acquire a roughly 10% stake in PAL Holdings, the parent company of Philippine Airlines, in a deal valued at 10 billion yen ($91 million), sources said on Tuesday.

North Luzon Airport Consortium inks Clark concession agreement - 1 month ago
In separate disclosures yesterday, Filinvest Development Corp. and JG Summit Holdings Inc. said the signing of the 25-year concession agreement marks a major milestone for the development of the Clark airport which is primed to be the next premier gateway ...

Cops arrest Albay mayor in killing of Batocabe
Philippine Daily Inquirer - 1 month ago
All six suspects in the killing are in police custody. The CIDG also recovered the Isuzu Alterra believed to be used by the suspects as getaway vehicle. "I am innocent of any accusations against me.

Regional markets turn cautious; PH stocks end flat
Inquirer - 1 month ago
On the other hand, Megaworld slipped by 2.05 percent while Ayala Corp., SM Prime, Ayala Land, Puregold and Security Bank all lost over 1 percent. Jollibee, JG Summit, Metro Pacific and AEV also ...

Marie Kondo-ing my clutter
Inquirer Opinion - 1 month ago
In 1998, the Bank of the Philippine Islands gave away CDs with a scan of "Blair and Robertson" that made my physical set obsolete. Today, "B&R" is available online from the University of ... I just state that one cannot have less, if one did ...

CPG, Dennis Uy to develop Clarkfield, Pampanga property
BusinessMirror - 1 month ago
ANTONIO-led Century Properties Group Inc. and Global Gateway Development Corp., a company led by Davao businessman Dennis Uy, will jointly develop a parcel of land in Clarkfield in Pampanga.

Philracom honors clubs
BusinessMirror - 1 month ago
THE Philippine Racing Club Inc. (PRCI) and Manila Jockey Club (MJC) led the honorees at the 2019 Philippine Racing Commission (Philracom) Awards at the San Lazaro Leisure and Business Park ...

MRC Allied takes the green shift in power generation, waste disposal
BusinessMirror - 1 month ago
Recently, MRC Allied Inc., in collaboration with Sunray Power Inc. and Menlo Renewable got a service contract for a 100-MW Solar Project inside the New Clark City in Tarlac, a new development ...

Aboitiz debuts water business at 2019 IWA Conference
BusinessMirror - 1 month ago
Aboitiz InfraCapital Water Business Head Roman Azanza III (center) with National Water Resources Board Executive Director Dr. Sevillo David Jr. (second from right) at the "Efficient 2019 ...

GCash, Qwickwire partner to facilitate real-estate payments
BusinessMirror - 1 month ago
Specifically, the deal will directly benefit customers of property developers DMCI, Century Properties, Italpinas and Revolution Precrafted, among other clients. "Without a doubt, GCash and ...

MBAs distinguished from SLAs
BusinessMirror - 1 month ago
Under Republic Act (RA) 10607, otherwise known as the amended Insurance Code, a mutual benefit association is a "society, association or corporation ... to unsound real-estate lending, known ...

Filinvest-JG consortium inks O&M deal for Clark
BusinessWorld - 1 month ago
In separate disclosures, Filinvest Development Corp. and JG Summit Holdings, Inc. said NLAC inked the deal with the Bases Conversion and Development Authority (BCDA) at the Shangri-La at The Fort in Bonifacio Global City, Taguig City. Aside from Filinvest ...

Globe to be 100% on the cloud by midyear
BusinessWorld - 1 month ago
Globe started using the public cloud of Amazon Web Services, Inc. (AWS) in 2014 with the goal of hastening its internal business processes. Since then, Ms. Sy-Manalang said Globe is now down to the last 100 servers left for migration from close to 2,000 ...

RCBC raises P15 billion from green bond offering
BusinessWorld - 1 month ago
Domestic banks have been slowly venturing into the green financing market. In previous years, BDO Unibank, Inc. and China Banking Corp. raised $150 million each by issuing green bonds to sole investor International Finance Corp. Bank of the Philippine ...

Messy Manila casino deal is worth the gamble
Nasdaq - 1 month ago
Local competitor Bloomberry trades at about 15 times forward earnings ... arguing the company has no authority to do so because he is the true owner of controlling shares. - Tiger Resort Asia, Universal's subsidiary, agreed to buy a majority stake in ...

Filinvest, JG Summit ink 25-year concession deal to operate Clark airport - 1 month ago
MANILA, Philippines -- Filinvest Development Corporation and JG Summit Holdings, Inc on Tuesday said they signed a 25-year concession agreement with the government to operate and maintain the expanded Clark International Airport and develop its commercial ...

CIDG arrests Daraga mayor for illegal possession of firearms
Philippine Daily Inquirer - 1 month ago
MANILA, Philippines -- Daraga Mayor Carlwyn Baldo was arrested Tuesday after operatives of the Criminal Investigation and Detection Group (CIDG) found loose firearms and bullets inside the ...

Philippines - Best stock market in Asia - 1 month ago
In the local front, investors should be cognizant of the risk posed by future overnight placements such as the ones conducted by Ayala Corp (AC) and Puregold Price Club, Inc (PGOLD) last week. As we have seen in the past, an avalanche of overnight ...

Tejas Sets Up Telecom Center in Kerala; Proposes a 5G Lab - 1 month ago
This electronics incubator is a joint initiative between, Ministry of Electronics and Information Technology(MeitY) and Indian Institute ... of leading engineering institutions in the state to develop a futuristic, industry-oriented telecommunication ...

Despite SEC probe, insider trading remains prevalent - 1 month ago
For instance, the case against Dante Tan regarding the 1998 BW stock manipulation scandal was dismissed by the Court of Appeals in 2005. Tan, a businessman close to former president Joseph Estrada, was cleared of charges of stock manipulation and insider ...

Duterte visits Henry Sy wake - 1 month ago
He was 94. He was chairman emeritus of SM Investments Corp., SM Prime Holdings Inc., SM Development Corp., Highlands Prime Inc. and BDO Unibank Inc. In an earlier statement, Malacañang called Sy "a visionary and a pillar of the Philippine economy" who ...

Meralco sales performance improved in 2018, says MVP
BusinessWorld - 1 month ago
MANILA Electric Co. (Meralco) is likely to have performed better in 2018 than in the previous year, with 2019 further improving because of expectations of a stronger economic growth, its chairman said. "[20]18 is higher than [20]17," Meralco Chairman ...

SM scholars flood social media with messages of gratitude for Henry Sy Sr.
BusinessMirror - 1 month ago
Shortly after news of his death became public on January 19, an outpouring of messages of love and gratitude began to flood social media ... IT Department, SM Prime Holdings; Novelyn B.

Meralco expects better power revenue in 2018
BusinessMirror - 1 month ago
THE Manila Electric Co. (Meralco) is expected to post better results for 2018 compared to the previous year mainly on account of improved electricity sales. "Quite well. The profits could be ...

Will housing department help address backlog?
BusinessWorld - 1 month ago
which will be a key strategy to encourage housing delivery and improve living condition of Filipinos," SHDA Chairman and 8990 Holdings President and Chief Executive Officer Willibaldo J. Uy said in the same statement. For Mr. Zarate, to solve the housing ...

ICTSI reaches milestone 200,000 TEUs in 2018
BusinessMirror - 1 month ago
INTERNATIONAL Container Terminal Services Inc. (ICTSI) reported on Monday its terminal in Subic has breached the 200,000 twenty-foot equivalent unit (TEU) mark, with a company official calling it ...

Bullish PLDT to increase capex for 2019
BusinessWorld - 1 month ago
So I think 2019 will be a heavy volume year... The plan is to push the business as much as we can," he added. PayMaya, FINTQ and freenet are some of the services handled by Voyager, the digital arm of PLDT which posted a loss of P1.8 billion in the nine ...

Carbon cleaning
BusinessMirror - 1 month ago
The power unit of conglomerate San Miguel Corp. also vowed to invest in the RE sector (up to 10,000 MW, according to Ramon Ang), in a bid to further expand its presence in the energy industry.

EDC included in global Carbon Clean 200 list
Philippine Information Agency - 1 month ago
EDC Corporate Communication Officer France Ariola said the latest ranking (for the third quarter of 2018) marked the third time for EDC -- and the first time for First Gen -- to make it to the Carbon Clean 200. Ariola said based on the latest list ...

Ravanera: Climate change mitigation and adaptation thru cooperativism
Sun Star - 1 month ago
There will be pestilence, famine and war as the "four horsemen" of apocalypse as revealed by St ... college. Yes, our world is in trouble - right now. Yes, now is the time to create a robust movement to address the climate crisis which Pope Francis ...

PBA Press Corps to honor league's best
Rappler - 1 month ago
Sharing the limelight with the 43-year-old Victolero is the Danny Floro Executive of the Year winner Alfrancis Chua, who serves as sports director of San Miguel Corporation (SMC) that swept all PBA titles last season. Also, the entire PBA board of ...

SPECIAL REPORT: Insider trading still prevalent in Philippines - 1 month ago
which is similar to the illegal numbers game called jueteng Palabrica said that when news came out that Philippine National Bank, then government-owned, lent P600 million to BW and that Macau gambling magnate Stanley Ho would reportedly invest in the ...

Arthaland eyes 2021 completion for 39-storey green office project Cebu Exchange
Rappler - 1 month ago
CEBU CITY, Philippines - Po family-led green developer Arthaland Corporation has expressed confidence that Cebu Exchange, its flagship 39-storey green office building project outside of Metro Manila, will be completed by 2021 as investor interest and ...

Another oil price hike set for January 22
Rappler - 1 month ago
Caltex, Shell, Flying V, Phoenix Petroleum, Total, Petro Gazz, Seaoil, and PTT Philippines announced that they will be imposing a P0.10 per liter increase on gasoline and a P0.40 per liter hike on diesel. Meanwhile, kerosene prices of Shell, Caltex ...

Philippine Public Transport: Road or Rail? - 1 month ago
But without the windfall from property sales/lease, railways will always lose money ... From the Edwardian era Now consider that, railroads are 19 th century in origin. Compared to paved macadam roads, railways are easier to build even through jungles.

Duterte visits wake of Henry Sy Sr.
Philippine Daily Inquirer - 1 month ago
SM investment Corporation vice chairperson Teresita Sy Coson, SM Prime Holdings chairman Hans Sy, SM Prime director Herbert Sy, SM Investments board adviser Elizabeth Sy, SM Investments executive director Harley Sy, and SM Development Corporation chief ...