Phil stocks hit 11th record high, and why Naty Cheng of Uratex was touched
Philstar - 2017-11-05
The rising star in Philippine business, Uy has been a personal friend of President Rody Duterte ever since his years as Davao City mayor. Congratulations to Natividad "Naty" Cheng of Uratex foams and mattresses, the grand winner of the prestigious 2017 ...

PAL expects 2-digit growth in passenger volume
Philstar - 2017-11-05
MANILA, Philippines -- Philippine Airlines (PAL) expects double-digit growth in passenger volume next year from around 15 million passengers this year amid growing demand for both domestic and international travel. PAL president and chief operating ...

Senate panel slams UST officials for negligence, incompetence in hazing case
cnnphilippines.com - 2017-11-05
Divina had earlier denied meeting the student before the rites took place. Poe added the Pacific Star building is owned by Century Properties, whose corporate secretary is a senior partner at Divina Law. She also revealed Century Properties owns Novotel ...

C and C in regulation
BusinessMirror. - 2017-11-05
During the first ever Philippine Aviation Day organized by the Air Carriers ... Such was the general theme of one panel discussion wherein a colleague in the airline industry even suggested the idea of self-regulation to allow businesses to implement ...

Meralco PowerGen cites 3 ways to lower power rates
BusinessMirror. - 2017-11-05
AN executive of the power-generation arm of the Manila Electric Co. (Meralco) cited three key points to achieve lower electricity rates. Chrysogonus Herrera, Meralco PowerGen Corp. (MGen) senior vice president for commercial and planning, believes that ...

Talent-laden tour resumes
BusinessMirror. - 2017-11-05
A COMPACT but talent-laden cast braces for a fierce duel when the Ladies Philippine Golf Tour (LPGT) resumes with its eighth leg tomorrow with the International Container Terminal Services Inc. (ICTSI) Forest Hills Ladies Challenge at the Forest Hills Golf ...

Poll sees Oct. inflation at three-year high
BusinessWorld Online - 2017-11-05
Taningco, economist at Security Bank Corp., said in an e-mail interview. Fuel pump prices rose in October to mirror higher world crude prices, while electricity and water concessionaires introduced higher charges that took effect last month. At the same ...

Al-Waleed: the Saudi billionaire prince who slammed Trump
News Philippines Yahoo - 2017-11-05
Lebanon's first prime minister. Prince Al-Waleed first burst into the business-meets-politics scene in the late 1980s, when he began building what was to become a global empire of banks, luxury hotels and media holdings. Over the next decade, the prince ...

Shareholders urge PSE to delay Calata delisting
BusinessWorld Online - 2017-11-05
SHAREHOLDERS of Calata Corp. are planning to consolidate their voting rights to bring in new management that will take control of the company, in a bid to stop its delisting from the Philippine Stock Exchange (PSE). Minority shareholders, who together own ...

PAL targets 17M passenger load
BusinessWorld Online - 2017-11-05
Also pictured (R) is as David Lim (R) Senior Vice-President Commercial Group (PAL). / AFP FLAG CARRIER Philippine Airlines (PAL) is aiming to carry between 16.5 million to 17 million passengers next year, anticipating strong demand from Chinese tourists ...

Clark-Miyamit Falls Trail Ultra set for later this month
BusinessWorld Online - 2017-11-05
The Clark-Miyamit Falls Trail Ultra happens on Nov. 26. EXCITING trail running action takes place up north later this month as Filinvest Mimosa+ Leisure City hosts the seventh edition of the Clark-Miyamit Falls Trail Ultra. Happening on Nov. 26 at the ...

3 PLDT landing stations awarded ISO certification
BusinessWorld Online - 2017-11-05
PLDT, Inc. has obtained certification from technical services provider TüV Rheinland for its cable landing stations. In a statement, the telecommunications firm said three PLDT cable landing stations were awarded ISO 22301:2012 certifications, namely the ...

Conflicts of interest at SSS
BusinessWorld Online - 2017-11-05
No other choice in the immediate and urgent now, but the politically unpalatable increase in present member-contributions to keep SSS alive. Amelia H. C. Ylagan is a Doctor of Business Administration from the University of the Philippines.

Stocks seen sideways as market looks to earnings
BusinessWorld Online - 2017-11-05
Big players will release their nine-month results this week, including Ayala Corp., Metro Pacific Investments Corp. (MPIC), PLDT, Inc., LT Group, Inc. and International Container Terminal Services, Inc. Online brokerage firm 2TradeAsia.com also sees the ...

Motorists told to avoid Quirino Highway due to MRT7 construction
Rappler - 2017-11-05
Diversified conglomerate San Miguel Corporation (SMC) broke ground for the $1.6-billion MRT7 project in April 2016. The 23-kilometer railway system, which will run from North Avenue in Quezon City to San Jose del Monte City, is expected to be completed by ...

GMA Network ratings still frontrunner in October
thestandard.com.ph - 2017-11-05
Broadcast leader GMA Network, Inc. (GMA) continued its strong showing in the nationwide television ratings in October based on data from Nielsen Phils. TV Audience Measurement. From Oct. 1 to 28 (with Oct. 22 to 28 based on overnight data), GMA maintained ...

IMI hits net income of $24.1M for first 9 months of 2017
Rappler - 2017-11-05
MANILA, Philippines - Integrated Micro-Electronics Incorporated (IMI), the manufacturing arm of the Ayala Group, saw its net income rise by 16% in Q3 of this year compared to last, as its recent acquisitions bore fruit. In a disclosure to the stock ...

ICTSI backs waiver of fees for logistics firms in Subic
Philstar - 2017-11-05
MANILA, Philippines -- A unit of International Container Terminal Services Inc. (ICTSI) said the move of the Subic Bay Metropolitan Authority (SBMA) to waive the accreditation fee for new logistics firms would encourage more business activity in the freeport.

Up-down, in-out madness
Philstar - 2017-11-05
Yes, it becomes imperative for all of us to find and create basic energy that is positive, lighter, cleaner and expansive...in consciousness with our physical bodies, in food and products we consume, places we live, work and visit; people we relate to in ...

Creative works of imagination at 2017 Metrobank Art and Design Excellence
Philstar - 2017-11-05
MANILA, Philippines -- The tradition of celebrating Filipino artistry and creativity continues as Metrobank Foundation Inc. (MBFI) recognized another batch of promising artists for the 2017 Metrobank Art & Design Excellence (MADE) in awarding ceremonies ...

Sugar output down 11%
Philstar - 2017-11-05
Eight mills have started milling as of Oct 22 namely Biscom, First Farmers, Hawaiian, La Carlota, Sagay, URC-Sonedco and Victorias, where more than half or 57 percent came from Victorias. In terms of refined sugar, production nearly tripled to 29,602 MT ...

Family-run firms still dominate Philippine business
interaksyon.com - 2017-11-05
Filipino business tycoons Henry S. Sy, Sr., John L. Gokongwei, Jr., Lucio C. Tan, Sr., George S. K. Ty, and David M. Consunji. BUSINESSWORLD COMBO PICTURE MANILA - Family-owned companies continued to dominate the Philippine business landscape, according ...

Meralco, Mitsubishi team up for e-vehicle charging stations
Philstar - 2017-11-05
MANILA, Philippines -- Manila Electric Co. (Meralco) and Mitsubishi Motors Philippines Corp. are putting up more electric vehicle (EV) charging stations in selected offices of the Department of Trade and Industry (DTI) and Department of Environment and ...

ABS-CBN, GMA contest ratings lead in October
Philstar - 2017-11-04
MANILA, Philippines -- ABS-CBN Corp. maintained its leadership in nationwide television ratings in October, while GMA Network Inc. claimed it won the ratings game in urban households. In a statement, ABS-CBN said it had an average national audience share ...

Trump in a China shop
FORTUNE - 2017-11-04
President Trump arrives tomorrow in Tokyo, the first stop in a marathon two-summit ... China Literature, the online reader arm of Tencent Holdings is expected to raise US$1.1 billion for the company in its Hong Kong initial public offering next ...

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 ...