Sun Life crowdsourcing financial literacy boosters
Inquirer - 2017-12-10
With the aid of the Maranao People Development, Inc., Sun Life Foundation is also helping Marawi City residents affected by the armed conflict. Aside from these four pillars, Narciso said the foundation would be aligning itself with the National Economic ...

Sun Life crowdsourcing financial literacy boosters
Inquirer - 2017-12-10
They also work with nongovernment organizations such as Children of Asia Philippines for a comprehensive education sponsorship program for elementary and high school students in ... would be aligning itself with the National Economic and Development ...

Intel Faces New Threats From IBM and Qualcomm, Even As It Fends Off AMD
The Street - 2017-12-10
On Dec. 5, Qualcomm and Microsoft Corp. (MSFT) made good on their plans to commercialize ... OmniPath interconnect and 3D XPoint next-gen memory, as well as via custom chip work for cloud giants and packages that pair Xeon CPUs with programmable chips ...

Muntinlupa beats NCBA in NCRAA
Tempo - 2017-12-10
Pamantasan Ng Lungsod Ng Maynila and the host school for the scheduled triple-header, PATTS, joined opening day winners AMA and University of Luzon, in the win column of this tournament sponsored by Sta. Lucia Land and outfitted by LGR Sportswear.

Shopee launches holiday campaign to lure shoppers
The Standard - 2017-12-09
On-site sellers have also grown to 200,000 while about 3 million products are on active listings. In October 2017, Shopee and SM Investments Corporation teamed up to accommodate SM Department store as one of the bigger sellers on the platform.

Florida Woman Flags Down Doctor While Going Into Labor At Gas Station
International Business Times - 2017-12-09
A second woman went into early labor on a Philippine Airlines flight in 2011, which was a successful delivery due to the three nurses on board in conjunction with the flight crew's aid. Following an IBT report on payday lenders' campaign donations to Mick ...

PSE index surges to 8,300
Inquirer - 2017-12-09
The PSEi was lifted by the gains of URC, which rose by 5.88 percent, while Ayala Corp., GT Capital and JG Summit all firmed up by over 3 percent. Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 ...

The retail row
Inquirer - 2017-12-09
We take pride in bringing fun and extraordinary mall-going experiences abroad with seven malls in China," he added. A trailblazer in the industry, SM continues to bring in "many firsts" in a bid to allow its audience to discover and experience the ...

Five eligible firms vie for Clark International Airport expansion project
Philippine Information Agency - 2017-12-09
The Clark International Airport is envisioned to be a world-class gateway north of Manila to complement and help decongest the Ninoy Aquino International Airport (NAIA). The airport complements big-ticket projects of BCDA in the Central Luzon Region under ...

Maibarara geothermal plant nears commercial operations
Philstar - 2017-12-08
MANILA, Philippines -- The 12-megawatt geothermal plant of Maibarara ... PGEC is the renewable energy holding company of publicly-listed PetroEnergy Resources Corp. (PERC), which is part of the Yuchengco group of companies. PERC earlier said it was ...

PhilWeb operations still limited to e-games trial
Philstar - 2017-12-08
MANILA, Philippines -- The operations of Philweb Corp. (PhilWeb) would for now be just limited to the trial operations of the new Electronic Gaming System (EGS) on sixteen gaming outlets out of a total of 34 stations. Philippine Amusement and Gaming Corp ...

BDO Unibank Inc. embraces new technology
Philstar - 2017-12-08
Apart from Tan, other industry leaders who sat as panelists at the CEO Forum were Globe CEO Ernest Cu, ABS-CBN Corp. chief strategy officer Raymund Miranda, SM Investments Corp. digital marketing head Nicky Santiago, and Google Philippines country head ...

Basic Energy eyes stake in Japan biomass plant
Philstar - 2017-12-08
MANILA, Philippines -- Listed Basic Energy Corp. is looking to invest at least 10 percent in a 25-megawatt (MW) biomass power plant in Japan as it part of its expansion outside the Philippines. In a disclosure to the Philippine Stock Exchange, Basic ...

The retail row
Inquirer - 2017-12-08
Sprawling malls and commercial complexes have long become an integral part of the Philippine culture. For many Filipino families and friends, a mall becomes a point of convergence, where friendships are nurtured, ties are strengthened among kin, milestones ...

Rockwell communities: More than just a home
Inquirer - 2017-12-08
"The people add up to the wonderful stay in a Rockwell property," said Paolo, a director at Globe Telecom. "Home extends to wherever we go within the property and is not confined to the walls of our own unit," added Tina, a homemaker. Christmas ...

Christmas beyond ordinary
Inquirer - 2017-12-08
Capturing the spirit of Christmas in a nation that celebrates it with palpable gusto, four months a year, no less, is not as simple as it sounds. Just ask the decorators tasked with the daunting job of mounting these lavish holiday displays in ...

BDO Unibank Inc. sells $150 M green bonds
Philstar - 2017-12-08
MANILA, Philippines -- BDO Unibank Inc. raised $150 million from the issuance of green bonds, part of its efforts to help boost financing for climate change projects. It is the first commercial bank in the Philippines to issue green bonds. Nestor Tan ...

Losing investment
Philstar - 2017-12-08
BUSINESS MATTERS (BEYOND THE BOTTOM LINE) By Francis J. Kong (The Philippine Star) | Updated December 9, 2017 - 12:00am A certain Josh Akers seemed to have been the person who wrote this article entitled: "The Best Laid Scheme." I could not ascertain ...

Discovering Philippine writing
Philstar - 2017-12-08
LODESTAR By Danton Remoto (The Philippine Star) | Updated December 9, 2017 - 12:00am New Philippine writing from 2001 onwards is often characterized as sensitive to gender, alludes to technology, shows culture as plural rather than singular, and questions ...

PLDT targets 30 million users of e-payments platform
Philstar - 2017-12-08
MANILA, Philippines -- Voyager Innovations Inc., the digital innovations arm of PLDT Inc., is aiming to have 30 million users for its products which include digital payments app PayMaya and mobile wallet Smart Money by 2020. "Since we launched PayMaya ...

Ceres, Global Cebu out to cop finals slot
m.philstar.com - 2017-12-08
MANILA, Philippines -- Buoyed up by their thrilling first-leg victories, Ceres Negros FC and Global Cebu FC seek to finish off their respective semifinal rivals - Kaya FC and FC Meralco Manila - tonight and forge a duel for the Philippines Football ...

Cirtek successfully shores up capital
BusinessWorld Online - 2017-12-08
CIRTEK Holdings Philippines Corp. (CHPC) has raised US$67 million (P3.4 billion) from the issuance of dollar-denominated preferred shares, it told the stock exchange on Friday. The electronics manufacturer said that the demand for its dollar-denominated ...

PSE to take over DW Capital brokerage
BusinessWorld Online - 2017-12-08
THE Philippine Stock Exchange, Inc. (PSE) said it had been mandated to take over the operations of stock brokerage firm DW Capital, Inc. as stated in a resolution issued by the Securities and Exchange Commission (SEC). It said the SEC resolution dated Dec ...

Sangley Point airport has location edge, but reclamation costly -- official
BusinessWorld Online - 2017-12-08
Simultaneously, the government is also evaluating the proposal of Filinvest Development Corp. (FDC) and JG Summit Holdings, Inc. (JGS) consortium for the long-term development of CIA. International Air Transport Association (IATA) director-general ...

Bourse slips back above 8,300 line on bargain-hunting, tax reform optimism
BusinessWorld Online - 2017-12-08
de Celis, equities trader at Timson Securities, Inc., said in a text message of SM Prime Holdings, Inc. and Ayala Land, Inc. "Ayala Corp. and URC (Universal Robina Corp.) surged well today after a breakout from short-term downtrend lines. I think market ...

Peso stronger amid progress on tax reform
BusinessWorld Online - 2017-12-08
Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines, concurred, saying that "positive market sentiment prevailed amidst the possible passage of the tax reform bill before the end of 2017." In a social media post on Thursday ...

Calata shares delisted on Dec. 11--PSE
The Standard - 2017-12-08
Beleaguered Calata Corp. will be delisted from the Philippine Stock Exchange starting on Dec. 11. The PSE said Friday it also rejected the appeal filed by Calata on Nov. 8, after the exchange issued a decision to proceed with the involuntary delisting of ...

Alipay to hold online 24-hour Christmas shopping festival as part of expansion push
South China Morning Post - 2017-12-08
A joint venture between CK Hutchison Holdings, the flagship conglomerate of Hong Kong ... The event will take place in Hong Kong, India, Thailand and the Philippines with Alipay partners in each location: Hutchison in Hong Kong, Paytm in India, Truemoney ...

Stocks up on bargain hunting
Inquirer - 2017-12-08
It was followed by Ayala Corp., down 0.99 percent to P1,000, Semirara Mining Corp., up 7.04 percent to P38, PLDT Inc., up 1.68 percent to P1,516, and SM Prime Holdings Inc., up 0.7 percent to P35.85 a share. Subscribe to INQUIRER PLUS to get access to The ...

Macau's Galaxy Entertainment plans up to $500 million Philippine casino resort
Reuters - 2017-12-08
Galaxy and local partner Leisure and Resorts World Corp are seeking regulatory approval for the $300-$500 million casino project in the central Philippine island of Boracay, Philippine Amusement and Gaming Corp (Pagcor) President Alfredo Lim told Reuters.

Cirtek raises $67M from preferred shares issuance
Inquirer - 2017-12-08
Laguna-based electronics manufacturer Cirtek Holdings Philippines Corp. has raised $67 million from its maiden issuance of US dollar-denominated preferred shares, making it the second company to issue this kind of instrument at the local equities market.

Bangladesh Bank, NY Fed discuss suing RCBC for damages from $81-M heist
InterAksyon - 2017-12-08
The money was sent to accounts at Manila-based Rizal Commercial Banking Corp. and then disappeared into the casino industry in the Philippines. The Bangladesh central bank building in Dhaka. (Reuters file) Nearly two years later, there is no word on who ...

Bangladesh Bank, NY Fed discuss suing RCBC for damages from $81-M heist
interaksyon.com - 2017-12-08
The money was sent to accounts at Manila-based Rizal Commercial Banking Corp. and then disappeared into the casino industry in the Philippines. The Bangladesh central bank building in Dhaka. (Reuters file) Nearly two years later, there is no word on who ...

2 ex-Cabinet men, Napoles to be tried in Malampaya scam
Philippine Daily Inquirer - 2017-12-08
Winnie Villanueva, a former manager of the Metrobank Magdalena branch in Binondo ... Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am ...

Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages
Investing.com - 2017-12-08
The money was sent to accounts at Manila-based Rizal Commercial Banking Corp and then disappeared into the casino industry in the Philippines. Nearly two years later, there is no word on who was responsible and Bangladesh Bank has been able to retrieve ...

Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages
Investing.com - 2017-12-08
The money was sent to accounts at Manila-based Rizal Commercial Banking Corp and then disappeared into the casino industry in the Philippines. Nearly two years later, there is no word on who was responsible and Bangladesh Bank has been able to retrieve ...

Finals berth, AFC Cup slot at stake as Sparks and Global clash
Rappler - 2017-12-08
MANILA, Philippines - It's FC Meralco Manila versus Global Cebu on a mouthwatering Saturday night battle for survival. The match on December 9, 7 pm in Rizal Memorial is the second leg of a two-legged, aggregate goals semi-final encounter to decide who ...

Petron survives valiant effort from Generika-Ayala to enter PSL semis
Rappler - 2017-12-08
MANILA, Philippines - The Petron Blaze Spikers avoided a colossal upset behind the efforts of Lindsay Stalzer and Hillary Hurley as they eked out a 19-25, 25-22, 22-25, 25-17, 15-11 win over the Generika-Ayala Lifesavers to advance in the semifinals of ...

Broadcom's Earnings Are Getting a Lift from the iPhone X, AI and Great Execution
The Street - 2017-12-08
The company recently unveiled intellectual property that can be used to develop deep learning ASICs relying on Taiwan Semiconductor next-gen 7-nanometer manufacturing ... controller offerings fueled by Intel Corp.'s (INTC) recent Xeon server CPU refresh.

Bangladesh Asks NY Fed to Help it Recover Stolen Millions
Big News Network - 2017-12-08
The money was sent to accounts at Manila-based Rizal Commercial Banking Corp and then disappeared into the casino industry in the Philippines. Nearly two years later, there is no word on who was responsible, and Bangladesh Bank has been able to retrieve ...

Sereno: Our country is crying for justice
Philippine Daily Inquirer - 2017-12-07
In a speech before the 14th Metrobank Foundation Professorial Chair Lecture on ... Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share ...

Metro Film Fest parade moves to Muntinlupa
Philippine Daily Inquirer - 2017-12-07
It will then enter Filinvest City via Corporate Avenue and Bridgeway, and end at Filinvest Event Grounds-Block 30. The Muntinlupa city government on Tuesday advised motorists to take alternative routes on the day of the parade, especially since the ...

Manila Water bags Leyte contract
Philstar - 2017-12-07
MANILA, Philippines -- Ayala-led Manila Water Co., Inc. has been awarded the contract to provide water ... exchange with further developments regarding this transaction," said company chief legal counsel Jhoel Raquedan.

Stocks bounce back, build up momentum
Philstar - 2017-12-07
However, the Department of Trade and Industry and several business groups voiced concerns on the proposed higher tax on coal, pushing the mining and oil index to recover. Investors are still keeping a close watch on the final version of the coal tax and ...

Foton cools hot-starting Sta. Lucia, seals PSL semis berth
Rappler - 2017-12-07
MANILA, Philippines - The Foton Tornadoes bucked off a slow start to topple the upset-seeking Sta. Lucia Lady Realtors, 21-25, 25-17, 25-23, 25-17, and booked a ticket to the semifinals of the 2017 Philippine Superliga Grand Prix at the Arena in San Juan ...

La Carlota lifts suspension of Roxol operation
Philstar - 2017-12-07
MANILA, Philippines -- The city of La Carlota in Negros Occidental has lifted the suspension of the operations of Roxol Bioenergy Corp., a unit of listed sugar company Roxas Holdings Inc. (RHI). On Nov.16, La Carlota City Mayor Luis Jalandoni III stopped ...

Roxas Holdings earns 18% more in 9 months
Philstar - 2017-12-07
MANILA, Philippines -- Listed sugar and ethanol producer Roxas Holdings Inc. (RHI) registered an 18 percent growth in its nine-month consolidated net income to P120 million on the back of the strong performance of its sugar business. Consolidated revenues ...

AboitizLand to open The Outlets discount mall in Batangas next year
Rappler - 2017-12-07
MANILA, Philippines - AboitizLand, the new property arm of Aboitiz Equity Ventures Incorporated, will kick-start its commercial interests in Luzon by launching an outlet mall in Batangas. Called The Outlets, the mall will feature discount shopping all ...

Luisita coasts to Fil-Am Seniors sweep
Philstar - 2017-12-07
San Miguel Corporation finished third after a 77 and 367. Guam Kool Swingers bounced back on the last day and outshot overnight leader Teerifics 83-76 for a four-shot victory in Seniors Fil B. Jeff Lowery closed out with 29, Noly Carino and Dan Ganacias ...

SE Asian builders to reap gains from $323-B spree
BusinessWorld Online - 2017-12-07
Reyes, who helps manage $1 billion as chief investment officer at Security Bank Corp. Tax reform bill awaiting Congress approval and is among first of five tax packages proposed by Mr. Duterte to raise taxes to pay for infrastructure projects ...