TV5 partners with ESPN
Philstar - 2017-10-12
MANILA, Philippines -- TV5 Network Inc. is eyeing to capture a bigger share of the advertising revenue following its partnership with American sports network ESPN that would bring a more comprehensive sports coverage to Filipino viewers. TV5 president ...

PRO-7 installs new outpost in Pajo, Lapu-Lapu
Philstar - 2017-10-12
The collapsible outpost is situated at the Petron Gasoline Station in Sitio Sangi and is part of a project of PRO-7 in coordination with Petron dubbed as "PNP-Petron Lakbay-Ligtas." Together with the well-known oil refining company, Espino said they will ...

Korea group investing in Clark tourism estate
Philstar - 2017-10-12
MANILA, Philippines -- A Korean-led group is investing P2.6 billion to develop a new tourism estate at the Clark Freeport Zone, the Clark Development Corp. (CDC) said. CDC said the project, dubbed as The Sharp Clark Hills, would be situated in a 2.2 ...

Index hits new peak, breaches 8,400
Philstar - 2017-10-12
The benchmark Philippine Stock Exchange index (PSEi) scaled a new record high of ... Astro del Castillo, managing director at First Grade Finance Inc., said the bulls are winning over the bears. He said this could also be attributed to the global stock ...

First Gen pares debt, retires bonds
Inquirer - 2017-10-12
First Gen Corp. has retired a portion of the $300 million worth of fixed-rate notes listed on the Singapore Exchange Securities Trading Ltd. The power company said in a disclosure to the Philippine Stock Exchange yesterday that the notes carry an interest ...

Spa operator to expand brand via franchise offer
Philstar - 2017-10-12
Next month, the company will open its fourth branch in Alsons Inn at General Echavez Street. Aside from Cebu, Lee is also looking at Bohol, particularly Panglao Island as good market for wellness services, like therapeutic massage service. With in place ...

OICs named for DOH, DICT
Philstar - 2017-10-12
Salalima was a classmate of Duterte at the San Beda College of Law and a former chief legal counsel of Globe Telecom. MalacaƱang, meanwhile, has formed an inter-agency committee that would review the proposed national broadband project to provide ...

Alliance Global moves into infrastructure, proposes Skytrain
Rappler - 2017-10-12
MANILA, Philippines - Alliance Global Group, Incorporated (AGI), the holding firm of tycoon Andrew Tan ... Incorporated, a new company that will handle infrastructure projects, particularly to participate in the government's private-public partnership ...

P2.6-B tourism estate breaks ground in Clark - 2017-10-12
CLARK FREEPORT, Pampanga, Philippines -- A P2.6-billion tourism estate has broken ground for a new type of residential complex combining apartments and resorts covering 2.3 hectares. Clark Development Corp. (CDC) said the South Korean project The Sharp ...

Global 5G Technology Market Industry Growth, Analysis and Forecast by 2023
Medgadget - 2017-10-12
The rising demand of higher speed rates of internet all over the globe is driving the 5G technology market ... Chalmers University of Technology, Qualcomm Inc., NTT DOCOMO Inc., Ericsson (Telefonaktiebolaget L. M. Ericsson), KTH - Royal Institute ...

The DoubleDragon story - 2017-10-12
Plus the brands of the SM group--BDO, China Bank Savings ... space in the heart of bustling Ortigas central business district. Completion date for the joint venture between DD and Jollibee Foods Corp. is 2018. Meanwhile, DoubleDragon wants 5,000 rooms ...

Haute Property: Stylish and luxurious designer brands you can actually live in at Century City Makati
BusinessMirror. - 2017-10-12
Fifth Avenue in New York. Avenue des Champs Elysees in Paris. Causeway Bay in Hong Kong. These are just some of the most expensive shopping streets in the world where the most luxurious designer brands have set up shop to offer their finest wares.

Provincial and providential
BusinessWorld Online - 2017-10-12
Banquet sponsors are Bench, Bounty Fresh Food, Inc.; CDO Foodsphere; Fiori Di Marghi; First Metro Investment Corp.; Global Ferronickel Holdings, Inc.; Hyundai Asia Resources, Inc.; Intermed Marketing Phils., Inc.; Jollibee Foods Corp.; LBC; SteelAsia and ...

Harsco (HSC) Reaches $21.60 52-Week High; Arvest Trust Company Boosted Its Conocophillips (COP) Holding
the Bibey Post - 2017-10-12
Arvest Trust Company increased Conocophillips ... Mufg Americas Corp invested in 0% or 149 shares. Metropolitan Life Insurance Co New York accumulated 54,987 shares or 0.01% of the stock. Parkside Fincl Bank & owns 49 shares. 58,549 are owned by Texas ...

SL Agritech to supply hybrid rice seeds to India
BusinessWorld Online - 2017-10-12
In a statement released Thursday, Philippine Rating Services Corp. (PhilRatings) said it gave the hybrid ... furniture, retailing, real estate development, and agriculture. -- with Arra B. Francia

Home Credit Philippines secures P2.25-B loan
BusinessWorld Online - 2017-10-12
Citigroup Global Markets Asia Ltd. arranged the syndicated loan, which was sourced from Citibank N.A (Philippines), Union Bank of the Philippines, East West Banking Corp., Rizal Commercial Banking Corp., and CTBC Bank Philippines. Home Credit provides in ...

PLDT invests P500 million in international submarine cable link
BusinessWorld Online - 2017-10-12
PLDT, Inc. is making an initial P500-million investment in a new international submarine cable link from the Philippines to Africa, Europe, and the rest of Asia. In a statement, PLDT said the new Asia-Africa-Europe 1 Submarine Cable System (AAE-1) is ...

Army officer linked to Burgos case acquitted
BusinessWorld Online - 2017-10-12
But we will find Jonas," Edita Burgos said. Mr. Baliaga, now a major, was allegedly one of those who seized Burgos, son of press freedom icon Jose Burgos, as he lunched at the Ever Gotesco mall on Commonwealth Avenue on April 28, 2007. But the judge said ...

SMPC H1 royalty payment triples to nearly P1.7 billion
The Daily Tribune - 2017-10-12
Integrated energy company Semirara Mining and Power Corp. (SMPC) has tripled its first half royalty payments to the Department of Energy (DoE) to P1.69 billion from P575 million during the same period last year. The surge in government remittances was ...

PHL commitment to coal power flagged as renewables advance
BusinessWorld Online - 2017-10-12
THE PHILIPPINES is "massively" exposed to new coal-fired power plants worth P1.05 trillion that the country may end up not using, a US think tank said in a report released on Thursday. Institute for Energy Economics and Financial Analysis (IEEFA ...

5 Ways Pets Can Add Love to Your Retirement
U.S. News Money - 2017-10-12
The University of Pennsylvania was founded by Benjamin Franklin. But the city has also evolved to include more modern amenities, such as several professional sports teams, art and science museums and top-ranked medical facilities at the Hospitals of the ...

Philippines stocks higher at close of trade; PSEi Composite up 0.53% - 2017-10-12
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 83 and 49 ended unchanged. Shares in SM Prime Holdings Inc (PS:SMPH) rose to all time highs; gaining 3.01% or 1.050 to 35.950. Shares in Ayala Corp (PS:AC) rose to all ...

PLDT to spend P500 million for submarine cable
BusinessMirror. - 2017-10-12
PLDT Inc. is investing P500 million in an international submarine cable system that will link the Philippines to three continents. Scheduled to be launched before the year ends, the Asia-Africa-Europe 1 Submarine Cable System (AAE-1) will span roughly ...

PSEi at 8,400 for first time
BusinessMirror. - 2017-10-12
Most actively traded stock included Ayala Corp., which was up P25 to P1,077. Ayala Land Inc. rose P0.30 to P42.80, while SM Prime Holdings Inc. gained P1.05 to P35.95. SM Investments Corp. climbed P14 to P942 and Manila Electric Co. was up P6 to P292.

PSE stuck in middle of road toward single-trading hub
BusinessMirror. - 2017-10-12
A FEW years ago the Philippine Stock Exchange Inc. (PSE) began to cross a road its Asian peers have long treaded on: trade in diverse securities. The PSE, however, appears to be stuck in the middle. The melancholy comes from the lofty aim of the PSE ...

Pepsi, Rotary cheer up troops recovering at Army Hospital in Taguig
BusinessMirror. - 2017-10-12
The event, organized by the Rotary Club of Manila (RCM) in collaboration with the Army Scout Rangers, Pepsi-Cola Products Philippines Inc. (PCPPI) and Miss Philippines Pageant, was meant to bring joy and entertainment to the injured troops, while thanking ...

Quezon City remains ideal residential area in NCR
BusinessMirror. - 2017-10-12
The commercial establishment-rimmed Katipunan Avenue also provides links to the gated subdivisions of the well-to-do, where land parcels provide for more spacious homes and higher levels of privacy, such as La Vista, White Plains, Green Meadowst and ...

Congressmen want more power plants built - 2017-10-12
Meralco said that while over 1,000 MW of power output was added last year, "the rise in demand is soaking up new capacity." House Minority leader and Quezon 3rd District Rep. Danilo Suarez said the entry of more power plants would help generate much ...

Stock index tops 8,400 points - 2017-10-12
The Philippine Stock Exchange index, the 30-company benchmark ... Property developer SM Prime Holdings Inc. rose 3 percent to P35.95, while conglomerate Ayala Corp. gained 2.4 percent to P1,077.00. Meanwhile, other Asian markets mostly rose Thursday.

Starmobile expands retail channels - 2017-10-12
MANILA, PHILIPPINES -- Filipino tech company Star Telecom Alliance Resources, Inc. (STAR Inc.), the group behind Starmobile, announced that it is expanding its retail distribution ... over 20 sari-sari stores and loading stations in Metro Manila, Cagayan ...

SKY subscribers can enjoy Netflix original TV series and films - 2017-10-12
SKY Cable Corporation is the cable, direct-to-home, and broadband unit of ABS-CBN Corporation. For more information, visit

PLDT building submarine cable for PH link to 3 continents
Rappler - 2017-10-12
MANILA, Philippines - Listed telecommunications giant PLDT Incorporated is building a 25,000-kilometer international submarine cable linking the Philippines to Asia, Africa, and Europe. With an initial investment of P500 million, this submarine cable is ...

NPA claims attack on Mt. Province hydro plant
Philippine Daily Inquirer - 2017-10-12
The NPA also accused Hedcor of manipulating people to secure the "free prior and informed consent" (FPIC) of the community, which allowed the subsidiary of the Aboitiz Power Corp. to build the plant. It says the company collects P4.56 per kilowatt hour ...

PNB, Security Bank eye debt notes offering to raise funds
Inquirer - 2017-10-12
Two big banks--Philippine National Bank and Security Bank Corp.--are set to tap the local financial market with an offering of high-yielding deposit notes. In a disclosure to the Philippine Stock Exchange yesterday, PNB said it was offering at least P3 ...

Justice denied: Baliaga acquitted, search for Jonas continues after a decade
Bulatlat - 2017-10-12
On April 28, 2007, Jonas Burgos was abducted in the Ever Gotesco mall in Quezon City by suspected armed state agents, forced inside a van with the plate number TAB 194. He was still able to speak to his mother thru a phone call, but his message made no ...

Paras 'finds' anomalies at PCGG during Bautista's time
Rappler - 2017-10-12
allowing the failure of liquidation of cash advances from the Philippine National Bank (PNB). Paras did not show the documents, since he said they would be officially submitted and attested to by the PCGG during the impeachment trial, if need be.

AFP respects acquittal of Army officer charged for Jonas Burgos abduction
Philippine Daily Inquirer - 2017-10-12
Baliaga was acquitted by the Quezon City regional trial court on Thursday. He was one of those who allegedly snatched Burgos at the Ever Gotesco mall along Commonwealth Avenue in Quezon City almost 10 years ago. Part of the verdict said the prosecution ...

PSE: Eight years of bull run and counting
BusinessMirror. - 2017-10-12
To give you some perspective on what has gone down--or actually up--since then, my "favorite" issues were Universal Robina Corp. (URC) trading at P6.50, Megaworld Corp. (MEG) at P0.50 and JG Summit Holdings Inc., which was at P2.95. URC is now priced ...

NOCCI eyes plant of 300K mangroves
Visayan Daily Star - 2017-10-12
The Negros Oriental Chamber of Commerce and Industry Inc. and ... Dubbed "10M in 10", the project which was launched last year by geothermal leader Energy Development Corporation, in cooperation with the Department of Environment and Natural Resources ...

Duterte names OICs to DOH, DICT
Rappler - 2017-10-12
DICT Undersecretary Eliseo Mijares Rio Jr will serve as OIC in place of former DICT secretary Rodolfo Salalima, whom Duterte fired for allegedly "favoring" Globe Telecom. DOH Undersecretary Herminigildo Valle will serve as OIC in place of former secretary ...

Army officer acquitted in Jonas Burgos abduction case
InterAksyon - 2017-10-12
But we will find Jonas," Edita Burgos said. Baliaga, now a major, was allegedly one of those who seized Burgos, son of press freedom icon Jose Burgos, as he lunched at the Ever Gotesco mall on Commonwealth Avenue on April 28, 2007. But the judge said ...

Army officer acquitted in Jonas Burgos abduction case
InterAksyon - 2017-10-12
But we will find Jonas," Edita Burgos said. Baliaga, now a major, was allegedly one of those who seized Burgos, son of press freedom icon Jose Burgos, as he lunched at the Ever Gotesco mall on Commonwealth Avenue on April 28, 2007. But the judge said ...

QC court acquits army man in Jonas Burgos case
Rappler - 2017-10-12
Baliaga allegedly led the group that abducted Burgos on April 28, 2007 at the Hapag Kainan restaurant inside Ever Gotesco Mall. Of all the military members sued for Burgos' disappearance, only Baliaga was charged in court. Baliaga's trial at the QC RTC ...

Parts of Mt. Province lose power after armed men attack hydro plant
Philippine Daily Inquirer - 2017-10-12
The power plant is operated by the Hydroelectric Power Corp. (Hedcor), a subsidiary of the Aboitiz Power Corporation. Power in many parts of the province has not been restored at press time. In a statement, Hedcor said the unidentified group blasted the ...

Philippines stocks lower at close of trade; PSEi Composite down 0.47% - 2017-10-11
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 96 to 91 and 56 ended unchanged. Shares in BDO Unibank Inc (PS:BDO) rose to all time highs; up 2.49% or 3.40 to 139.90. Gold Futures for December delivery was down 0.21% or 2.74 ...

PT&T eyes comeback, seeks foreign partner
Inquirer - 2017-10-11
Philippine Telegraph and Telephone Corp. (PT&T) wants to regain its status as a major telecommunications force in the Philippines--revealing plans to provide high-speed internet across the country in three years and possibly tap a foreign telco partner as ...

PH stocks surge to a new high
Inquirer - 2017-10-11
URC, BPI, SM Prime and ICTSI also slipped. 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.

Immersion pushed to address work-skills mismatch
Philstar - 2017-10-11
The partners include Globe Telecom, Ayala Foundation, Enrique Zobel Foundation, Department of Trade and Industry and Department of Environment and Natural Resources. Deadline for nominations is on Oct. 31.

Aragorn Power gets 1-year extension for $300-M Apayao geothermal project
Philstar - 2017-10-11
MANILA, Philippines -- The Department of Energy (DOE) has granted Aragorn Power and Energy Corp. (APEC), the power unit of Sy-led APC Group Inc., a one-year contract extension for its $300-million geothermal project in Kalinga, Apayao. In a disclosure ...

Indonesian firm pursues LNG investments in off-grid areas
Philstar - 2017-10-11
MANILA, Philippines -- Indonesian firm JSK Gas Corp. is looking to invest in the liquefied natural gas (LNG) sector in the Philippines that would replace diesel-fired power plants in off-grid areas. The company has formed JSKLNG Holding Phils. Inc. to ...