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 ...

Philippine Business Bank core profit up 51%
philstar.com - 2017-11-03
MANILA, Philippines -- Philippine Business Bank (PBB) reported a core income of P673.7 million in the nine months to September this year, rising 50.6 percent from P447.3 million in the same period last year. In a statement, PBB said net interest income ...

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 ...

BPO operations spilling to Mactan and Mandaue
Philstar - 2017-11-02
In Mactan Island, listed developer Megaworld Corp has also developed office buildings catering to BPO (business process outsourcing) operations. "We are still optimistic about the Cebu office segment. We are seeing major BPO and KPO transactions especially ...

MPIC optimistic on tollway deals in Indonesia, Malaysia
Philstar - 2017-11-02
MANILA, Philippines -- Metro Pacific Investments Corp. (MPIC) is hopeful it can complete within the year negotiations for an investment in the tollways sector either in Indonesia or Malaysia. MPIC chairman Manuel V. Pangilinan told reporters the ...

PAL pays gov't ?6B to settle unpaid fees
cnnphilippines.com - 2017-11-02
Metro Manila (CNN Philippines, November 3) -- Philippine Airlines (PAL) paid the government ?6 billion to finally settle its overdue navigational fees that have accumulated for almost 50 years. The flag carrier paid the entire amount in checks on ...

Expressway traffic to jump 10K vehicles more by Dec
BusinessMirror. - 2017-11-02
Metro Pacific Investments Corp. expects traffic volume in its expressways to grow in varying rates by year-end, thanks to the economic developments in the northern and central parts of Luzon, and the increasing sales of vehicles this year. Metro Pacific ...

Megaworld to turn over P9B worth of units in Makati CBD by year-end
BusinessMirror. - 2017-11-02
MEGAWORLD Corp. said it is turning over 1,000 residential units in its Makati Central Business District (CBD) properties this year. The figure represents a quarter more than what the property developer turned over last year. The units are in the 30-story ...

SBS to start stock-rights offer by end-November
BusinessMirror. - 2017-11-02
THE Philippine Stock Exchange Inc. has approved the P1.5-billion stock-rights offering of chemical trader SBS Philippines Corp., which the company said it will start offering to investors by the end of the month. SBS Philippines said it will offer some 302 ...

Philippines reclaims ASEAN PMI lead
BusinessWorld Online - 2017-11-02
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 ...

Caritas Manila to launch Damay Kapanalig Telethon for the recovery of Marawi
BusinessMirror. - 2017-11-02
Bank of the Philippine Islands--Savings Account No. 3064-0033-55 Swift Code - BOPIPHMM Philippine National Bank--Savings Account No. 10-856-660002-5 Swift Code--PNBMPHMM To know more about Caritas Manila, visit www.caritasmanila.org.ph or call our ...

Megaworld to turn over 1,000 units in Makati this year
BusinessWorld Online - 2017-11-02
MEGAWORLD CORP. is set to complete the turnover of P9 billion worth of residential condominium units inside the Makati Central Business District (CBD) this year. In a statement issued Thursday, the property developer led by tycoon Andrew L. Tan said this ...

Toll board approves user fee hike for NLEx, STAR
BusinessWorld Online - 2017-11-02
MPTC is the tollways arm of Metro Pacific Investment Corp. (MPIC). MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial ...

PhilWeb needs to wait for PAGCOR go-signal
BusinessWorld Online - 2017-11-02
PHILWEB CORP. will still have to wait for the green light from the Philippine Amusement and Gaming Corporation (PAGCOR) before it can resume operations, the gaming industry regulator said on Thursday. In a statement on Thursday, PAGCOR said it granted ...

A loyalty card for the select few
BusinessWorld Online - 2017-11-02
COO of the Ayala Corporation mentioned his dream of "starting to look at the company as one brand." In other words, a preferred BPI client will be also be a preferred client across the Ayala group of companies and its hand-picked partners. One of the ...

Positive sentiment, earnings push stocks higher
BusinessWorld Online - 2017-11-02
For Jervin S. de Celis, equities trader at Timson Securities, Inc., investors are maintaining a positive outlook for earnings performances after good results from BDO Unibank, Inc. and Manila Electric Company (Meralco). "Index heavyweights such as SM ...

Zayo Expands Fiber Network In Indiana
The Street - 2017-11-02
Zayo Group Holdings, Inc. (NYSE: ZAYO ... technology and healthcare businesses, including a leading global CRM company. Indiana is also home to several large state and private universities. Zayo's fiber solutions are addressing wireless carriers ...

MicroVision Announces Third Quarter 2017 Results
The Street - 2017-11-02
MicroVision and PicoP are trademarks of MicroVision ... our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce ...

Melco Announces Record Adjusted Property EBITDA In The Third Quarter 2017 And Declares Quarterly Dividend
The Street - 2017-11-02
"Adjusted property EBITDA" is earnings before interest, taxes, depreciation, amortization, pre-opening costs, development costs, property charges and other, share-based compensation, payments to the Philippine Parties, land rent to Belle Corporation ...

Lucrative tollroads push MVP-led Metro Pacific to extend search outside PH
Inquirer - 2017-11-02
"I am quite optimistic we will have an investment in both countries," he said. Metro Pacific Tollways, which operates the North Luzon Expressway, Subic-Clark-Tarlac Expressway and Cavite Expressway, has already invested in roads in Vietnam and ...

Megaworld to deliver P9B Makati condo units
Inquirer - 2017-11-02
Tycoon Andrew Tan-led property developer Megaworld Corp. is poised to turn over to homebuyers P9 billion worth of residential condominium inventory consisting of over 1,000 units in Makati central business district (CBD) this year. "We have started the ...

PBA's 9th commissioner: Who is Chito Narvasa?
Rappler - 2017-11-02
Narvasa went on to continue his work in the banking industry. He became the director of United Coconut Bank from 1998 to 1991 and the chief executive officer of the Citystate Savings Bank from 2007, according to his LinkedIn profile. In the late 2000s ...

MPIC hopes to secure tollway deals in SE Asia
interaksyon.com - 2017-11-02
MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority ...

PCC to work with TransCo if telco joint venture proceeds
Rappler - 2017-11-02
The driving force, Matibag explained, is to allow for a 3rd player to provide more competition to Ayala-led Globe Telecom and Manuel Pangilinan's PLDT. (READ: PH internet 'no good'? Telcos, PCC react to Jack Ma) The PCC, in fact, is embroiled in a legal ...

Philippines stocks higher at close of trade; PSEi Composite up 1.80%
investing.com - 2017-11-02
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 116 to 79 and 47 ended unchanged. Shares in Megaworld Corp (PS:MEG) rose to 52-week highs; rising 6.94% or 0.370 to 5.700. Gold Futures for December delivery was down 0.01% or 0 ...

Silchar school with one toilet for 900 asked to build 2 more
Times of India - 2017-11-02
"I was surprised to know that there's only one toilet for 900 students in the school. What were the school authorities, SMDC and members of the alumni association doing over the years?" Chaudhury, also the former vice-chancellor of Tezpur University ...

SMC bloc, allies come to Narvasa's aid
Philstar - 2017-11-02
SMB governor Robert Non reiterated that Narvasa will continue to enjoy the support of the three PBA teams under the San Miguel Corporation -- San Miguel, Barangay Ginebra and Star -- along with Kia and Globalport. Non then blasted the group of seven ...