PSEi goes for, then retreats from 8,600
Inquirer - 2017-11-04
The stock barometer yesterday flirted with the 8,600 level, setting a new intra-day peak, before succumbing to profit-taking. The main-share Philippine Stock Exchange index (PSEi) pulled back by 139.89 points or 1.64 percent to close at 8,376.13.

Cebu Pacific reviews fuel hedging policy
Philstar - 2017-11-04
Airline companies usually hedge to minimize risks, particularly in their jet fuel expenses. For instance, companies prepay their fuel needs at a certain assumption, which means that if oil prices increase, they are able to generate some savings.

Subic Aytas preserve roots while embracing the new
BusinessMirror. - 2017-11-04
The SBMA said the SBMA-TAAP accord was the first to provide a comprehensive package of economic, social and cultural benefits to Subic Aytas ever since their tribal land had been occupied as an American military reservation for more than a century ...

BGC develops office space for millennials
thestandard.com.ph - 2017-11-04
Property developer Ayala Land Inc. has expanded its shared office network, when it teamed up with Fort Bonifacio Development Corp. to launch Clock-In at the High Street, the first coworking space at Bonifacio High Street. Coworking or shared office ...

PLDT home treats subscribers to unlimited iflix
thestandard.com.ph - 2017-11-04
SUBSCRIBING to a PLDT Home broadband plan is a gift that keeps giving, and now is the best time to do so because until Dec. 31, all PLDT Home subscribers get unlimited access to thousands of TV shows and movies on iflix (worth P387), sponsored by PLDT Home.

Roque fumes at telcos for bad signal in his house
Rappler - 2017-11-04
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The gift of home
Inquirer - 2017-11-04
Empire East Land Holdings, for one, has long been providing Filipinos with high quality residential projects that offer more than just value for money. Rather, it also ensures that each project would have a significant impact on the way its residents live ...

Incidence of breast cancer rising in PH, say experts
Philippine Daily Inquirer - 2017-11-04
Pregnancy and breastfeeding offers some protection against breast cancer. Due to its high incidence, the PBCS has teamed up with SM Prime Holdings to hold the Pink Ribbon Day to promote breast cancer awareness and to encourage regular breast examination ...

Credit Suisse: Family-controlled companies continue to dominate Philippine business landscape
Philstar - 2017-11-04
while Ayala Corp. is led by the Zobel family. LT Group is controlled by the family of business tycoon Lucio Tan, while Aboitiz Equity Ventures is run by the Aboitiz family. Meanwhile, according to Credit Suisse, family businesses have outperformed broader ...

Saudi arrest of Binladin family scion shatters royal entente
Philippine Daily Inquirer - 2017-11-04
"The Binladins were able to remain essential to the royal family despite very dramatic events within the royal family," said Steve Coll, author of "The Bin Ladens: An Arabian Family in the American Century ... planes and real estate around ...

The gift of home
Inquirer - 2017-11-04
Empire East Land Holdings, for one, has long been providing Filipinos with high quality residential projects that offer more than just value for money. Rather, it also ensures that each project would have a significant impact on the way its residents live ...

PAL acquires state of the art Cabin Fire and Smoke Trainer
Inquirer - 2017-11-04
Flag carrier Philippine Airlines recently acquired a state-of-the-art Cabin Fire and Smoke Trainer (CFST) - a special structural equipment simulating inflight fire scenarios. This $300,000 investment will enhance the capabilities, skills and ...

Estrada approves 4th reclamation project in Manila Bay
Philippine Daily Inquirer - 2017-11-04
Only last June, Estrada signed another MOU with PRA and real estate firm J-Bros Construction Corp. for the construction of a P100 ... Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets ...

Paying it forward
Inquirer - 2017-11-04
And for renowned property developer Suntrust Properties Inc., the reason is quite simple: it was to return a favor and to show appreciation for people whom the company believes continue to play a critical role in ensuring its success. The goal was clear ...

Erap OKs 4th reclamation project in Manila Bay
interaksyon.com - 2017-11-04
Solar City is billed as a 148-hectare, state-of-the-art, tourism, commercial and residential district that will be put up in Manila Bay to host business centers, residential and commercial properties, and tourism facilities, including an international ...

Ty, Sanvictores receive awards from Japanese emperor
Philstar - 2017-11-03
MANILA, Philippines -- Metrobank chairman George S.K. Ty and Nihongo Center Foundation (NCF) president Philip Sanvictores received prestigious awards from Japanese Emperor Akihito. The Japanese government announced yesterday the conferment of The Order ...

Cagayan de Oro builds big ideas
Philstar - 2017-11-03
Rockwell Land Corporation held its ceremonial groundbreaking of The Arton by Rockwell in Katipunan, recently. The groundbreaking and lowering of the time capsule indicated a milestone for Rockwell, being the first project in Quezon City. "We are very ...

Christmas in the metro
Inquirer - 2017-11-03
The 700-meter street in Mandaluyong City has become an attraction every Christmas for ... is the traditional Christmas celebration of the University of Santo Tomas. Students, alumni, and even students from other universities troop to UST to enjoy the ...

IMI profit rises 16% in 9 months
Philstar - 2017-11-03
MANILA, Philippines -- Ayala-led leading global manufacturing solutions company Integrated Micro-Electronics Inc. (IMI) reported a 16 percent growth in its nine-month net income to $24.1 million. In the third quarter, IMI posted a net income of $6.56 ...

The longest Christmas
Philstar - 2017-11-03
LODESTAR By Danton Remoto (The Philippine Star) | Updated November 4, 2017 - 12:00am I just came back from the Philippines and reveled at the sounds of Christmas songs already being played in the radio stations, the sight of Christmas trees of all sizes be ...

PAL fully pays P6-B fees to government
Philstar - 2017-11-03
MANILA, Philippines -- Flag carrier Philippine Airlines (PAL) settled yesterday its P6 billion in unpaid navigational fees and other charges to the government. In a statement, the Department of Transportation (DOTr) said Clara de Castro, PAL vice ...

Paying it forward
Inquirer - 2017-11-03
And for renowned property developer Suntrust Properties Inc., the reason is quite simple: it was to return a favor and to show appreciation for people whom the company believes continue to play a critical role in ensuring its success. The goal was clear ...

In China, Jollibee favors noodles over hot pot
Inquirer - 2017-11-03
Fast-food giant Jollibee Foods Corp. shut down its hot pot dining business under the 12 Sabu brand in mainland China in order to focus on its bigger brands. 12 Hotpot (Shanghai) Food and Beverage Management Co. Ltd., which was 48-percent owned by JFC ...

Credit Suisse eyes representative office in Philippines
Philstar - 2017-11-03
However, the offices are not allowed to transact banking business such as acceptance of deposits, issuance of letters of credit and foreign exchange trading. Credit Suisse was found in 1856 and now have a global reach with operations in about 50 countries ...

Family-run firms still dominate Philippine business
BusinessWorld Online - 2017-11-03
while Ayala Corp. is led by the Zobel family. LT Group is owned by the family of tycoon Lucio Tan, while Aboitiz Equity Ventures is run by members of the Aboitiz clan. "Our research seems to suggest that investors are not too concerned about the level of ...

SMC bloc, allies promise to continue backing Gilas
Philstar - 2017-11-03
The "PBA five," also referred to as the "SMC-bloc," is composed of the three San Miguel Corporation teams -- San Miguel Beer, Barangay Ginebra and Purefoods -- along with Kia and GlobalPort. The five teams have publicly rallied behind the commissioner ...

Globe Q3 profit rises amid strong demand for data
BusinessWorld Online - 2017-11-03
EARNINGS of Globe Telecom, Inc. attributable to the parent soared 76% in the third quarter of 2017, as the company continued to benefit from the expansion of its data segment in mobile and home broadband. In a regulatory filing on Friday, the ...

PAL settles P6B debt to CAAP, MIAA
BusinessWorld Online - 2017-11-03
In this photo tatken on September 13, 2016 shows Philippine airlines planes are parked while another takes off at the international airport of Manila. / AFP PHILIPPINE Airlines (PAL) on Friday settled its P6 billion debt to the the Manila International ...

ABS-CBN, GMA claim ratings lead in October
BusinessWorld Online - 2017-11-03
ABS-CBN Corp. and GMA Network Inc. again claimed to have dominated nationwide TV ratings for the month of October. In a statement, ABS-CBN cited Kantar Media data which showed it had an average national audience share of 46% in October, 13 points more than ...

Bacolod City hosts PSL games today
thestandard.com.ph - 2017-11-03
F2 Logistics makes its highly anticipated debut when it takes on unbeaten Petron at 6 p.m., following the 4 p.m. clash between Cocolife and Cignal HD in this prestigious club tourney bankrolled by Cignal, Mikasa, Senoh, Mueller, Grand Sport, Rebisco ...

PAL finally settles airport debt
thestandard.com.ph - 2017-11-03
PAL Holdings Inc., the parent firm of PAL, earlier reported a total comprehensive loss of P1.05 billion in the January-to-June period, a turnaround from a profit of P4.62 billion last year. Total revenues in the first half reached P67.76 billion ...

Stocks retreat; MacroAsia surges
thestandard.com.ph - 2017-11-03
JG Summit Holdings Inc. of industrialist John Gokongwei fell 3.8 percent to P74, while PLDT Inc., the biggest telecommunications company, dropped 3.5 percent to P1,660. Bank of the Philippine Islands, the third-biggest lender, slumped 4.2 percent to P95.60 ...

Pro-Narvasa bloc urges rest of PBA board to settle impasse
Philstar - 2017-11-03
MANILA, Philippines -- The San Miguel Corporation bloc of the PBA and its allied teams Kia and GlobalPort on Friday collectively issued a plea for the other members of the board on the stalemate concerning commissioner Chito Narvasa's post. In a statement ...

PSEi marks strongest finish yet as it sprints past 8,500
Inquirer - 2017-11-03
BDO racked up 4.73 percent, while Metrobank added 3.58 percent. SM Investments rose by 2.62 percent while Ayala Land, BPI, GT Capital, SM Prime and Puregold all gained over 1 percent. Outside of the PSEi, notable gainers included Bloomberry (+2.44 percent ...

Megaworld plowing money into Philippine urban development projects
asia.nikkei.com - 2017-11-03
meters. Megaworld, the third-largest real estate developer in the country after Ayala Land and SM Prime Holdings, leads in the renting of office space to contract service providers. Mixing it up The company has announced a bevy of large, urban mixed ...

Globe Telecom Q3 core net income up 11% to P3.23B
Rappler - 2017-11-03
MANILA, Philippines--Ayala-led Globe Telecom Incorporated (Globe) saw its core net income rise by 11% in the third quarter (Q3) of this year, driven by the continued demand for data products. In a disclosure to the stock exchange on Friday, November 3 ...

Sun Pacific Holding Is Pleased To Announce Its Corporate Action Changing The Name Of The Company And The Implementation Of A Reverse Stock Split.
The Street - 2017-11-03
Sun Pacific Holding operates in four distinct business divisions: Electrical Contracting, Solar Generated Product Manufacturing, an Advertising Division and an Online ... solar systems to its customers. In addition, Sun Pacific Holding Corp. has several ...

Philippines stocks lower at close of trade; PSEi Composite down 1.64%
Investing.com - 2017-11-03
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 145 to 51 and 38 ended unchanged. Shares in BDO Unibank Inc (PS:BDO) fell to 52-week lows; losing 5.08% or 6.60 to 123.30. Gold Futures for December delivery was up 0.07% or 0 ...

LTE speed in PH slowed in July-Oct
Inquirer - 2017-11-03
The report showed that the Philippines, whose two major telecom providers were PLDT Inc. and Globe Telecom, was still behind most jurisdictions in the world when measured in terms of speed and LTE availability. As of November, the Philippines had an LTE ...

Christian Bautista, Kat Ramnani are engaged
Rappler - 2017-11-03
MANILA, Philippines - Christian Bautista is engaged to his girlfriend Kat Ramnani, who is head of music content at Globe Telecom. The singer shared the news on his Instagram on November 3, posting a photo of them together, with Kat showing off her ...

87 things to do in Metro Vancouver on Saturday, November 4
Georgia Straight - 2017-11-03
Performance at PAL Theatre of A Piece of My Heart, in which six women tell the often-ignored story of female soldiers, nurses, and civilians in wartime Vietnam. Align Entertainment ... Performance at Douglas College Studio Theatre of Concord Floral ...

Philippines reclaims ASEAN PMI lead
interaksyon.com - 2017-11-03
A PMI reading above 50 suggests improvement in business conditions from the preceding month, while a score below that signals deterioration. "The Philippines manufacturing economy showed greater signs of activity at the start of the fourth quarter ...

Petron eyes 4th in row versus F2 in Bacolod
Philstar - 2017-11-03
MANILA, Philippines -- Action in the Chooks-to-Go Philippine Superliga Grand Prix shifts to Bacolod City tomorrow with Petron seeking a fourth straight victory over a debuting F2 Logistics side at the University of St. La Salle gym. Two other explosive ...

Calata rejects PSE's voluntary delisting proposal
Rappler - 2017-11-03
"This would easily be a red flag for its existing business creditors such as the banking institutions." Liquidating entire Calata? Calata, which considers itself as a neophyte member of the PSE, also said that a tender offer will likely liquidate the ...

Asia Pacific College (APC) and Microsoft launch the Experience Hub
Microsoft - 2017-11-03
APC is acknowledged as a Microsoft Showcase School. APC President Paulino Tan, APC Managing Director Teresita Medado, SM Investments Corporation Board Member and SVP of Corporate Investments Lizanne C. Uychaco and APC Chairman of the Board Ramon Dimacali ...

Phoenix raises P807M via sale of treasury shares
Inquirer - 2017-11-02
Phoenix Petroleum Philippines Inc. sold some 70 million treasury shares to raise about P807 million to relieve the company of its financial obligations. The Davao-based firm said in a disclosure to the Philippine Stock Exchange it had sold 70,193,400 ...

2 SSS execs in stock trading scandal resign
Philstar - 2017-11-02
MANILA, Philippines -- Two top executives of the Social Security System (SSS ... of its 35 million members who are employees in the private sector. Meanwhile, labor group Partido Manggagawa (PM) yesterday asked the SSS to stop the planned increase ...

AMD To Present At Credit Suisse 21st Annual Technology, Media And Telecom Conference
The Street - 2017-11-02
SUNNYVALE, Calif., Nov. 02, 2017 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced that President and CEO Dr. Lisa Su will present at the Credit Suisse 21 st Annual Technology, Media and Telecom Conference at 9 a.m. MST on Tuesday, Nov. 28. A real-time ...

Petron eyes 4th in rowversus F2 in Bacolod
Philstar - 2017-11-02
MANILA, Philippines -- Action in the Chooks-to-Go Philippine Superliga Grand Prix shifts to Bacolod City tomorrow with Petron seeking a fourth straight victory over a debuting F2 Logistics side at the University of St. La Salle gym. Two other explosive ...

Stocks scale new record peak
Philstar - 2017-11-02
Shares of listed gaming company PhilWeb surged 14.38 percent yesterday to finish at P8.99 apiece on news that Philippine Amusement and Gaming Corp. has issued the company a Certificate of Accreditation. The third party audit service or Electronic ...