Investors scour for extras as PSEi ends 1.33% down
Inquirer - 2017-12-01
The builder was followed by Manila Electric Co., down 3.05 percent to P305.40; BDO Unibank Inc., up 0.68 percent to P147; SM Investments Corp., down 0.72 percent to P963; and Globe Telecom, down 1.86 percent to P1,796 per share. Subscribe to INQUIRER PLUS ...

Beyond discounted airfares: How to be money-wise when traveling
Philstar - 2017-12-01
Book plane tickets, hotel reservations, travel insurance or car rentals with your Metrobank Debit or Prepaid MastercardĀ®. You may visit for exclusive travel deals and discounts. Visit your Metrobank branch of account or ...

What makes e-commerce click?
Philstar - 2017-12-01
We just have to see how to improve ourselves to have business alongside them (e-commerce platforms)," said Teresita Sy-Coson, vice chair of SM Investments Corp., owner of the ... then integral to the development of e-commerce in any country is a very ...

Local retail industry goes cashless with PayMaya
Inquirer - 2017-12-01
ADVT 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 articles on social media. Call 896 6000.

Trouble in Paradise : Challenges at the Orchard Golf and Country Club
Business Mirror - 2017-12-01
Prusa is a member of the United States Golf Course Superintendent Association and a university professor of horticulture. He comes to the Orchard annually to lecture on golf-course maintenance at the annual Philippine Golf Course Management Conference ...

Quiban extends lead to 5 shots
Business Mirror - 2017-12-01
Justin Quiban outgunned Clyde Mondilla in a frontside duel then bounced back from a bogey mishap on No. 12 with three birdies to card a 67 and storm ahead by five in the third round of the CAT (Central Azucarera de Tarlac) Open at the Luisita Golf and ...

Philippine PMI gains further momentum in November
BusinessWorld Online - 2017-12-01
Security Bank economist Angelo B. Taningco said broad business confidence among domestic and foreign markets drove stronger demand for local products, noting robust PMI figures provide assurance that economic growth will remain buoyant. "The positive ...

8990 targets P60B in sales from 5 projects
BusinessWorld Online - 2017-12-01
From left, 8990 Holdings, Inc. COO Willibaldo J. Uy; 8990 Chairman Mariano D. Martinez, Jr.; 8990 Chairman Emeritus Luis N. Yu, Jr.; PSE Chairman Jose T. Pardo and PSE COO Roel A. Refran attend the bell ringing ceremony at the Philippine Stock Exchange ...

PhilWeb gets Pagcor nod to operate
BusinessWorld Online - 2017-12-01
PHILWEB Corp. has received the go-signal from the Philippine Amusement and Gaming Corp. (PAGCOR) to restart operations, the company disclosed to the stock exchange on Friday. PhilWeb said it has received a letter from Pagcor last Nov. 29, saying it can ...

LRWC subsidiary to obtain P2.5B loan from BDO
BusinessWorld Online - 2017-12-01
A UNIT of Leisure and Resorts World Corp. (LRWC) will be taking out a P2.5-billion loan from BDO Unibank, Inc. to partially finance its planned resort development. In a disclosure to the stock exchange on Friday, the listed firm said its wholly-owned ...

Operational lapses caused BPI system glitch -- BSP
BusinessWorld Online - 2017-12-01
THE CENTRAL BANK has found operational lapses that led to a two-day internal glitch at the Bank of the Philippine Islands (BPI) last June, a senior official said, as the regulator completes its investigation into the incident. The Bangko Sentral ng ...

Stocks decline on negative sentiment
BusinessWorld Online - 2017-12-01
Mr. De Celis noted that 25 firms in the Philippine Stock Exchange index dropped, with index heavyweights such as Bank of the Philippine Islands, JG Summit Holdings, Inc., SM Prime Holdings, Inc., Aboitiz Equity Ventures, and Ayala Corp. contributing a ...

Hot Quiban zeroes in on golf title with 67
The Standard - 2017-12-01
TARLAC--Justin Quiban outgunned Clyde Mondilla in a frontside duel then bounced back from a bogey mishap on No. 12 with three birdies to card a 67 and storm ahead by five in the third round of the CAT (Central Azucarera de Tarlac) Open at the Luisita Golf ...

SM Store, Globe unit teaming up
The Standard - 2017-12-01
A subsidiary of Globe Telecom Inc. has teamed up with SM Store to accept cashless payments through the use of QR scanning via smartphones to all its stores nationwide. Anthony Thomas, president and chief executive officer of Mynt, the financial technology ...

Anglo hikes Atlas stake to 28.64%
The Standard - 2017-12-01
Anglo Philippine Holdings Corp. said it increased it stake in Atlas Consolidated Mining and Development Corp. to 28.64 percent by acquiring 845 million in additional shares for P3.7 billion. Anglo Philippine said in a disclosure to the stock exchange it ...

Oakley Pro Baler surfing competition commences amid tough conditions - 2017-12-01
Sonny Angara, Oakley Philippines, Philippine Sports Commission, SkyJet Air (Official Airline Partner), Solar Sports (Official TV Partner), EDGE Sports (Official Digital Media Partner), Aliya Surf Camp, Office of Vice- Governor Rommel Angara, Gwapitos ...

Have Fintech Companies Failed India's Farming Community
Entrepreneur - 2017-12-01
While one reason for the absence can be that the agricultural sector requires heavy capital ... by this fintech revolution and still depend on cooperative banks, micro-finance companies or old world money lenders for their credit requirements," said ...

Banks favor gradual cut in reserve requirement
Philstar - 2017-12-01
BDO Unibank Inc. of retail and banking magnate Henry Sy and Ayala-led Bank of the Philippine Islands (BPI) said the planned reduction of the reserve requirement ratio (RRR) for banks would release at least P700 billion in idle cash into the financial ...

Young FEU student starts first artisinal coffee shop in Manila
Business Mirror - 2017-12-01
Seeing the opportunity to open a new business, El Claro and his father talked about opening a coffee shop because they are very near to the perimeter of the University of Santo Tomas and other educational institutions, hospitals and other businesses.

LOOK: There's a giant Christmas tree and light extravaganza in Alabang!
Rappler - 2017-12-01
Toy soldiers in blazing red. These are just some of the animated storybook-like holiday scenes playing against the 40-foot tall Christmas tree at the Spectrum Linear Park in Filinvest, Alabang. Every weekend at 6 pm, the park grounds come alive with the ...

Our treasured heritage
Philstar - 2017-12-01
The Centro Escolar University Choir sang beautiful Christmas carols. Meanwhile, children from the House of Refuge, the main beneficiary of the tree-lighting event, performed a special number for the guests. They were given presents after their performance.

Christmas optimism seen boosting stocks
Inquirer - 2017-12-01
This was bolstered by special block sales of Ayala Land Inc., Puregold Price Club and Manila Electric Co. shares. On Wednesday, foreign buying hit P13.8 billion while selling amounted to P12.6 billion. This amounted to a net foreign buying gain of P1.22 ...

Hot-putting Quiban seizes lead with 66
Philstar - 2017-12-01
TARLAC, Philippines -- Justin Quiban drilled in long putts from as far as 35 feet and charged to the top with a six-under 66, one stroke ahead of Clyde Mondilla and Joenard Rates halfway through the CAT (Central Azucarera de Tarlac) Open at the Luisita ...

GCash scan to pay makes its way to NCCC Davao
Inquirer Technology - 2017-12-01
GCash is operated by Mynt, which is owned by Globe Telecom, Ant Financial and Ayala Corp. It hopes to change the purchasing payment landscape in the Philippines, strongly believing that cashless transactions will be the next big thing in the retail industry.

Calata's trading violation sparks investor activism in the Philippines
Nikkei Asian Review - 2017-12-01
The group plans to install George Tan, a former financial officer of a unit of telecom company PLDT who owns around 1% of Calata's outstanding shares, to the board. Tan said he would scrutinize Calata's books. "I would like to head the audit committee," he ...

Leni bats for farmer support in visit to Ecija agri lands
Philippine Daily Inquirer - 2017-11-30
Jollibee Foods Corp., since 2008. "Farmers are poor, not because they are lazy, but because they receive insufficient support," she said. Robredo said farmers had been raising their children to become professionals, not their successors in the field ...

San Miguel to seek court relief from SEC's P769.3-million fine
CNN Philippines - 2017-11-30
Metro Manila (CNN Philippines, November 30) -- San Miguel Corporation (SMC) said Friday it will contest in court the P769.3-million fine imposed by the Securities and Exchange Commission (SEC) for the late filing of additional documents regarding the ...

Globe, NGO partner to help displaced families in Marawi
Business Mirror - 2017-11-30
In Photo: In this June 9 file photo, evacuees stay at a crowded evacuation center on the outskirts of Marawi City. GLOBE Telecom Inc. has partnered with non-government organization Rise Against Hunger (RAH) to help displaced families in Marawi. Chelle Gray ...

New battlefield for duopoly: Mobile wallets
Inquirer - 2017-11-30
Rivals PLDT Inc. and Globe Telecom are racing to tap retail groups and gain an edge in the mobile wallet platform, a still small segment but with huge potential should more Filipinos turn toward "cashless" options. Globe, which operates GCash, and PLDT ...

Philippines best to lead in global disaster management - UN
Philstar - 2017-11-30
"The Philippines as we know is one of the most significantly exposed countries in the world to these hazards - volcanic, seismic, tsunami, extreme weather - they are all here...and they create huge impacts - loss of lives, the economy - so this ...

Philippines best to lead in global disaster management - UN
Philstar - 2017-11-30
The TLF is a private sector conference convened by the UNDISDR and SM Prime Holdings Inc. (SMPHI) to find concrete measures that would make businesses more disaster-resilient. In the 2015 TLF, the group established the Private Sector Alliance for Disaster ...

Ayala Corp Industrials eyes renewable energy
Philstar - 2017-11-30
MANILA, Philippines -- The industrial holding firm of Ayala Corp.(AC) is gearing up to expand its manufacturing portfolio as it eyes to venture into the renewable energy space while also exploring new export markets for its locally produced motorcycles.

MPIC expects CALAx contract inked next year
Philstar - 2017-11-30
MANILA, Philippines -- Metro Pacific Investments Corp. (MPIC) unit MPCALA Holdings Inc. is looking to sign the contract for the construction of the Cavite segment of the Cavite-Laguna Expressway (CALAx) by early next year. "We will sign possibly in ...

More useful and necessary
Philstar - 2017-11-30
Instead of over concentration of power in "Imperial Manila" under a powerful Chief Executive, the functions of government must be decentralized and its revenues and resources, equally distributed and shared by autonomous governments with more compact ...

Blaze Spikers halt Asset Managers, keep bid for No. 1
Philstar - 2017-11-30
MANILA, Philippines -- Petron kept its bid for the top seeding going, outlasting Cocolife in the third frame, 25-19, 25-21, 25-22, at the close of its elims campaign in the Chooks-to-Go Philippine Superliga Grand Prix at the Filoil Flying V Center in San ...

Loss to rival F2 serves as Petron's wakeup call
Philstar - 2017-11-30
MANILA, Philippines - All Petron needed was a loss -- just one loss -- to unleash the beast within. Head coach Shaq Delos Santos admitted that a heart-crushing setback early this month served as a wakeup call for them to do better in the ongoing Chooks ...

SMDC expects P2.5 billion in sales from Marilao condo project
Business Mirror - 2017-11-30
SM Development Corp. (SMDC), the residential arm of shopping mall operator SM Prime Holdings Inc., said it expects some P2.5 billion from the sale of its condominium project in Marilao, Bulacan. SMDC Assistant Vice President for Marketing Chad D.

SM opens newest mall in Bulacan
Philstar - 2017-11-30
MANILA, Philippines -- SM Prime Holdings Inc., the integrated property company of the Sy family ... "The opening of SM Center Pulilan is our follow-through to the success of our first three malls in Bulacan - SM City Marilao, SM City Baliwag and ...

Ginebra to host thanksgiving party for fans
Philstar - 2017-11-30
The team and I are looking forward to spending time with everyone," said Mark Caguioa. During a recent victory party at San Miguel Corporation (SMC) headquarters in Mandaluyong City, SMC president and COO Ramon Ang also acknowledged the Barangay Ginebra ...

Mouthwatering PFL Final Four kicks off this weekend
Rappler - 2017-11-30
Saturday, December 9 - FC Meralco Manila vs. Global Cebu (Home), 7:00 pm, Rizal Memorial Stadium Saturday, December 9 - Ceres Negros vs. Kaya Makati, 7:00 pm, Panaad Stadium, Bacolod City MANILA, Philippines - After a long and grueling season ...

Metrobank president, officials to be suspended for fraud case
BusinessWorld Online - 2017-11-30
A well-placed source familiar with the matter said Metrobank President Fabian S. Dee as well as Philippine Savings Bank President Vicente R. Cuna, Jr. will serve 90-day suspensions as part of the sanctions imposed by the Bangko Sentral ng Pilipinas (BSP ...

Phoenix Petroleum opens Singapore office in push to secure fuel supplies
BusinessWorld Online - 2017-11-30
SINGAPORE -- Fuel retailer Phoenix Petroleum Philippines Inc has set up a trading office in Singapore, expanding in the region as it pushes to secure refined fuel to sell in its local market, a senior company executive said. The Singapore office, which ...

Inaugural PFL season hits semifinal stage
BusinessWorld Online - 2017-11-30
The PFL semifinal round kicks off this weekend with FC Meralco Manila taking on Global Cebu FC and Ceres Negros FC battling Kaya FC-Makati. -- PFL FACEBOOK ACCOUNT AFTER SEVEN months of home and away regular season play, the inaugural year of the ...

Del Monte Pacific maps turnaround plan
BusinessWorld Online - 2017-11-30
DEL MONTE Pacific Ltd. (DMPL) mapped out a turnaround path for the company as it made a pitch to investors for its second tranche of US dollar-denominated shares that are on offer through Dec. 8. Luis F. Alejandro, DMPL general manager and chief operating ...

Sales of ABS-CBN TVplus boxes hit 4M
BusinessWorld Online - 2017-11-30
YeY!, Knowledge Channel, and DZMM Teleradyo. TVplus is currently available in Metro Manila, Rizal, Cavite, Laguna, Bulacan, Pampanga, Nueva Ecija, Tarlac, Pangasinan, Benguet, and Metro Cebu. This year, it has expanded to Davao, Iloilo, Bacolod ...

Investors look to tax bill progress in hunt for leads
BusinessWorld Online - 2017-11-30
Corporate earnings lifted the market during selected trading ... down by 15.29% "The reconciliation of the tax reform bill version of the Senate and the House of Representatives will be one of the focus of local investors as the current admin is expected ...

PSEi bucks regional trend, closes lower
Inquirer - 2017-11-30
It was followed Jollibee Foods Corp., down 3.33 percent to P243.60; Ayala Land Inc., down 2.73 percent to P42.80; BDO Unibank Inc., up 0.76 percent to P146; and SM Prime Holdings Inc., unchanged at P36.30 per share. Subscribe to INQUIRER PLUS to get access ...

Megyn Kelly Says She'd 'Heard Rumors About Matt' Lauer
The Street - 2017-11-30
For Kelly, Lauer's firing comes after she spoke to executives and outside lawyers hired by Twenty-First Century Fox Inc. (FOXA) to investigate ... rivalry with ABC's "Good Morning America." The ABC show ousted "Today" from its top spot among weekday ...

A Winning Putt
Business Mirror - 2017-11-30
using a hot putter to fire a six-under 66 and grab a one-stroke lead over Clyde Mondilla and Joenard Rates halfway through the CAT (Central Azucarera de Tarlac) Open at the Luisita Golf and Country Club here on Thursday. Quiban birdied the treacherous par ...

Nagasaki: A Christian pilgrim destination
Philstar - 2017-11-30
a cultural property of Japan, and the Xavier Memorial Church. Francis Xavier traveled as far as Hirado to teach catechism and to baptize people when he introduced Christianity to Japan. A strict religious ban in Hirado from the end of the 16th century ...