Barangay Ginebra battles Phoenix
The Standard - 2018-01-25
Barangay Ginebra (2-2) and Phoenix Petroleum (2-3) test each other out at 7 p.m. tonight even as the NLEX Road Warriors (2-3) and the Rain or Shine Elasto Painters (2-3) do battle at 4:30 p.m. at the Smart Araneta Coliseum. All four teams are coming off ...

From guns to baking pans: Wounded hero soldiers find another lease in life
Philippine Daily Inquirer - 2018-01-25
He, along with 59 other wounded soldiers underwent a comprehensive bakery management training program provided by Pilmico Foods Corporation, the food subsidiary of Aboitiz Equity Ventures, Inc. They were taught how to cost and develop bakery products ...

Lucio Tan’s Eton ventures into hotels
- 2018-01-25
Taipan Lucio Tan’s Eton Properties Philippines Inc. will venture into the hotel business.

BDO to disable magnetic stripe cards come Feb. 1 amid shift to EMV
Philstar - 2018-01-25
MANILA, Philippines -- BDO Unibank Inc. on Thursday announced it would be deactivating old automated teller machine cards come February 1, with the lender set to complete the initial shift to the Europay Mastercard Visa technology ahead of the ...

URC adopts sustainability agenda
Inquirer - 2018-01-25
Gokongwei-led regional industrial powerhouse Universal Robina Corp. has unveiled a new framework to institutionalize sustainable business practices and benchmark itself against global standards to create long-term value and inclusive growth for stakeholders.

Stock index pulls back on profit-taking
Inquirer - 2018-01-25
LT Group weighed down the PSEi with its 4.26-percent decline ... alcohol, mining and coal," COL Financial head of research April Lee-Tan said. Don't miss out on the latest news and information.

New Mactan Cebu Airport terminal seen to open ahead of schedule
Philippine Daily Inquirer - 2018-01-25
MACTAN ISLAND, Cebu---The GMR-Megawide Cebu Airport Corporation (GMCAC) might open the new Terminal ... "We just have to confirm the final date (of opening to the public)," he said. Construction of the new airport terminal is now 74-percent complete.

Philippines stocks higher at close of trade; PSEi Composite up 0.88%
Investing.com - 2018-01-25
Shares in Aboitiz Equity Ventures Inc (PS:AEV) rose to 52-week highs; up 4.32% or 3.250 to 78.500. Shares in Jollibee Foods Corp (PS:JFC) rose to all time highs; rising 3.90% or 11.00 to 293.00. Gold Futures for February delivery was up 0.06% or 0.80 to $ ...

Words speak volumes
The News International - 2018-01-25
Rupert Murdoch is an Australian-born media mogul, the executive chairman of 21st Century Fox, and executive chairman of a newspaper empire News Corporation ... Mazdoor Kissan Party (PMKP), Advocate SM Altaf, while recalling his memories said that he ...

Cirtek buys 49% of MultiPay
Inquirer - 2018-01-25
Laguna-based electronics manufacturer Cirtek Holdings Philippines Corp. has debuted into the e-commerce space with the acquisition of a 49 percent stake in e-payment provider MultiPay. In a media briefing on Wednesday, Cirtek president Roberto Juanchito ...

SE Asia Stocks-Most rise; Singapore falls after 4 sessions of gains
Reuters - 2018-01-25
Index heavyweight Jollibee Foods Corp gained up to 3.9 percent to a record high after falling in the previous two sessions, while real estate conglomerate Ayala Land Inc also touched an all-time peak. "The short-term uptrend remains intact, but probably ...

Sea Lions clobber AIMS 5; New Era shocks UL
Philstar - 2018-01-25
New Era, meanwhile, stunned host team University of Luzon, 77-73, with Jeff Comia coming through with the big plays down the stretch. He canned in two pressure-packed charities and capped his heroics with a steal and a lay up as New Era kept a four-point ...

New top-level appointments at Insular Life
Philstar - 2018-01-24
Genio, to replace Delfin Lazaro and Jesus Alfonso Hofilena who both retired recently. Ortiz is currently the chairman of the Board of Union Bank of the Philippines. He brings with him over 25 years of experience in leading one of the top 10 and multi ...

6.7%
Philstar - 2018-01-24
China spent the past year trying to rein in a galloping property sector. There were real fears the massive ... Rising from the ruins of war, Vietnam skillfully guided its economy to the 21st century. Its agricultural base, irrigated by the great river ...

3 firms vie to be third major PH telco player
interaksyon.com - 2018-01-24
The Philippine Telegraph and Telephone (PT&T), Now Corporation, and Converge ICT are eyeing to form their separate consortia with foreign partners, according to Department of Information and Communications Technology (DICT) officer in charge Eliseo Rio Jr ...

Rappler bumped off from Scarborough shoal patrol coverage
Philstar - 2018-01-24
Speaking to reporters following a forum on fake news at the Far Eastern University (FEU) yesterday, Ressa urged authorities to look at the facts of the case and realize that intimidation would not work. "While the NBI (National Bureau of Investigation ...

AP calls for immediate resolution to ERC issue
Philstar - 2018-01-24
CEBU, Philippines -- Aboitiz Power Corporation has urged the national leadership to resolve the Energy Regulatory Commission (ERC) issue as soon as possible, as the lack of quorum affects the state of power supply in the country. "We are appealing to the ...

Bigger, better SM2SM Run slated February 18
Philstar - 2018-01-24
We are committed to continue this run for as long as we can," said SM Prime Holdings Vice President Marissa Fernan during a press conference yesterday at the Kuya J restaurant in SM City-Cebu. The race features the 4K, 8K, 12K and 21K categories.

Panels to make up Foster Parent Information Night Events in February and March
Carson Now - 2018-01-24
Come and learn more about what the Division of Child and Family Services does, its role in the community, and its partnership with other local agencies that serve ... education, and government. Come and enjoy and evening of interactive fun, speeches ...

83% of consumer complaints resolved in 2017 -- BSP
Philstar - 2018-01-24
Major incidents last year include the glitch that almost paralyzed the operations of Ayala-led Bank of the Philippine Islands (BPI), as well as the skimming incident involving clients of BDO Unibank Inc. In light of the observed market growth and number of ...

Purdue Ag Alumni Association honors six with Certificate of Distinction
Herald Times - 2018-01-24
As portfolio manager, chief underwriter, principal in the Agricultural Investments Division of Prudential Mortgage Capital Company, Marsh is recognized ... "He brings extraordinary insight in finance, human resources, board governance, and interpersonal ...

Amazon Web Services opens its third availability zone in Asia
Computer World - 2018-01-24
Some examples include Air Asia, Astro Holdings Malaysia Berhad, Ayala Land, Banyan Tree, Bureau of Customs of the Philippines, Carro Singapore, DBS Bank, DoHome, Grab, Genome Institute of Singapore, Globe Telecom, Government Technology of Singapore ...

Ayala invests in Vietnam solar power industry
BusinessWorld Online - 2018-01-24
AC Energy described BIM Group as a diversified corporation based in Vietnam that has established its mark in four main business fields, namely: tourism development and real estate investment; agriculture and food; commercial services; and renewable energy.

Mayon volcano spreads lava almost 3 kilometers from crater
Philippine Daily Inquirer - 2018-01-24
Authorities, however, struggled to prevent villagers from sneaking back to check on their homes and farms and to watch a popular ... in one of the biggest volcanic eruptions of the 20th century, killing about 800 people, covering entire towns and cities ...

Cirtek Holdings expects MultiPay to contribute P500M in revenues
BusinessWorld Online - 2018-01-24
CIRTEK HOLDINGS Philippines Corp. expects MultiPay to contribute P500 million to revenues in 2018, after its acquisition of a 49% stake in the payment solutions provider last year that marked its first major investment in software development. "I think ...

Rethinking the Urban Development and Housing Act of 1992
BusinessWorld Online - 2018-01-24
The Kadamay situation of last year is symptomatic of how unequal urban development has been in the Philippines, as well as how the policies ... among others -- to private real estate developers involved in socialized housing projects.

Bourse pulls back from record high on profit taking
BusinessWorld Online - 2018-01-24
Wednesday saw the list of the 20 most active stocks equally divided between those that gained and those that declined, with the former led by the likes of Ayala Land, Inc.; Bloomberry Resorts Corp. and Metropolitan Bank & Trust Co. that increased by 1.43% ...

Thievery in the sky, airports bare new challenges for authorities, businesses
Business Mirror - 2018-01-24
Miascor, with about 16 airline companies as clients, is second only to Philippine Airport Ground Support Solutions Inc. in ranking of ground-handling volume, with almost an equal number of air carriers. The other ground-handling companies are under the ...

Power firm urges Palace to resolve E.R.C. impasse
Business Mirror - 2018-01-24
The Aboitiz Power Corp. (AboitizPower) has appealed on Wednesday to the Duterte administration to immediately resolve the impasse plaguing the Energy Regulatory Commission (ERC), saying "a fair and functioning ERC is critical for the energy sector to ...

Cirtek sees P500-million revenue contribution from Multipay
Business Mirror - 2018-01-24
LAGUNA-based Cirtek Holdings Philippines Corp. said it expects some P500 million in revenues from its newly acquired Multipay Corp., a firm that provides e-commerce system to many other firms. Cirtek Treasurer and CFO Anthony S. Buyawe said the revenue ...

AC Energy, BIM Group to build solar-power plants in Vietnam
Business Mirror - 2018-01-24
Last year Francia said the company was eyeing Vietnam because "the population ... The Ayala Group is already present in Vietnam through Manila Water Co. Inc. under local units Thu Duc Water and Kenh Dong Water, as well as through infrastructure firm ...

Amazon Web Services opens its third availability zone in Asia
CIO IN - 2018-01-24
Some examples include Air Asia, Astro Holdings Malaysia Berhad, Ayala Land, Banyan Tree, Bureau of Customs of the Philippines, Carro Singapore, DBS Bank, DoHome, Grab, Genome Institute of Singapore, Globe Telecom, Government Technology of Singapore ...

Insular Life names new top-level execs
Business Mirror - 2018-01-24
Prior to UnionBank, he was the Managing Partner-Global Finance and Country Executive-Investment Banking of Citibank N.A. Genio is currently the chief technology and information officer and chief strategy officer of Globe Telecom Inc. He has been leading ...

Stock price index a point away from 9,000
Inquirer - 2018-01-24
On the downside, the next support level is seen at 8,700. Jonathan Ravelas, Banco De Oro Unibank Inc. chief strategist, said the share price drop would only "open a window for investors who missed the rally." But any market weakness, Ravelas said ...

Philippine casino operator to award loyal patrons with stock
Nikkei Asian Review - 2018-01-24
MANILA -- Bloomberry Resorts will reward its loyal patrons with shares in the Philippine casino company. The resort operator on Tuesday said it had been authorized by management to buy up to 2 million shares at prevailing market prices. "These shares shall ...

Swedish, PHL companies call for responsible businesses
Business Mirror - 2018-01-24
Asian Institute of Management, municipality of San Felipe in Zambales and Cemex Philippines Foundation. The summit presented participants with an opportunity to understand why companies choose to operate responsibly, how they spearhead a movement in their ...

SE Asia Stocks-Philippines falls; S'pore hits highest close in 10 yrs
Reuters - 2018-01-24
The Philippine finance ministry plans to submit a tax package, which aims to adjust taxes on alcohol, tobacco, mining and coal, and that may be weighing on the market, said Benjamin Ngan, a research analyst with RCBC Securities in Manila. President Rodrigo ...

SM Store, PayMaya to transform retail industry with cashless payments
Philstar - 2018-01-24
Account holders can also load up their PayMaya accounts at 7-Eleven, ExpressPay, TouchPay kiosks, Palawan Pawnshops, Shopwise, Wellcome, 2Go outlets, Petron stations along NLEX, and Smart Padala centers, as well as through Unionbank ATMs and RCBC retail ...

AWS Deepens Investment in Asia with Third Availability Zone in AWS Asia Pacific (Singapore) Region
Voice & Data - 2018-01-24
Availability Zones refer to technology infrastructure in separate and distinct geographic locations ... businesses to international corporations and public sector organizations are using the AWS Singapore Region to build and run their business in the ...

From debit cards to decoy apps, fraudsters getting more advanced, BDO warns
CNN Philippines - 2018-01-24
This, as BDO Unibank, Inc. -- the country's largest bank in terms of deposits -- detected that as much as 11,000 of its accounts were targeted by fraudsters in December. The bank did not disclose the total value of the unauthorized transactions ...

Airlines eye return of fuel surcharge
Inquirer - 2018-01-24
Airline ticket prices could go up this year as domestic carriers consider asking the government to again allow a fuel surcharge mechanism. This was ordered scrapped in 2015 as global oil prices saw a sharp decline--a trend that has been gradually ...

PNB to issue up to P20B in high-yield debt notes
Inquirer - 2018-01-24
Tycoon Lucio Tan-led Philippine National Bank is raising as much as P20 billion from the issuance of high-yield deposit notes, harnessing ample liquidity in the local financial system for its debt management and expansion program. PNB has obtained approval ...

Exclusive: Looted cash, gold help Islamic State recruit in Philippines
Reuters - 2018-01-24
They also raided jewelry stores, pawnshops and businesses. Landbank and Al Amanah did not respond to requests for comment. Philippine National said recovering losses because of the Marawi fighting was a concern, but did not give details. The Islamic ...

A month after fatal NCCC mall fire| Still no investigation results, no accountability
Bulatlat - 2018-01-24
Survey Sampling International (SSI), Bureau of Fire and Protection, Local Government, Philippine Economic Zone Authority, and Department ... and Health Standards for the "workplace infernos" in NCCC Davao, Ayala Mall-Cebu and House Technology ...

Globe Telecom named GoCanvas APAC Partner of the Year 2017
Inquirer - 2018-01-24
Mobile workflow automation platform GoCanvas has awarded leading telecommunications company Globe Telecom its APAC Partner of the Year award for 2017. Globe is a major user of the GoCanvas platform, with multiple use cases covering everything from internal ...

Parkway Corporate Center: The address of success
Inquirer - 2018-01-24
Some simply stand out. One such project is Parkway Corporate Center, the first office condominium under the WorkSpaces by Filinvest banner. The 32-storey Parkway Corporate Center is located at the enviable corner of Corporate and Parkway Avenues at ...

Church appeals for aid to Mayon evacuees
Philippine Daily Inquirer - 2018-01-24
Dollar donations can be deposited at BPI through Savings Account No. 3064-0033-5 and account name Caritas Manila, with swift code: BOPIPHMM; and Philippine National Bank through Savings Account No. 108566600025 and swift code: PNBMPHMM. Donations can also ...

Stop coal-fired plant in Subic, groups ask CA
Philippine Daily Inquirer - 2018-01-24
to stop the project of Redondo Peninsula Energy Inc. (RP Energy). RP Energy is a consortium composed of the Manila Electric Co., the Aboitiz Group of Companies and Taiwan Cogen Inc. to Coal Stakeholders Coalition, walked from the University of the ...

Stock price index a point away from 9,000
Inquirer - 2018-01-23
The main-share Philippine Stock Exchange index (PSEi) added 48.4 points ... growth number," said Eagle Equities Inc. president Joseph Roxas. Philippine GDP grew by 6.6 percent year-on-year in the fourth quarter, slightly lower than the market consensus ...

PNB to issue up to P20B in high-yield debt notes
Inquirer - 2018-01-23
Tycoon Lucio Tan-led Philippine National Bank is raising as much as P20 billion from the issuance of high-yield deposit notes, harnessing ample liquidity in the local financial system for its debt management and expansion program. PNB has obtained approval ...