Remembering the 9/11 terror attacks and the heroes
Philstar - 2017-09-20
Soliven (The Philippine Star) | Updated September 21 ... At 8:45 a.m. the first hijacked United Airlines Flight 767 hits the north side, snapping exterior columns and igniting more than 20,000 gallons of jet fuel. A second hijacked Boeing 767 slams ...

From nothing to something
BusinessWorld Online - 2017-09-20
The company was also involved in constructing the mixed-use complex beside the Davao International Container Terminal that ... Damosa Land also donated a large parcel of land to the University of the Philippines (UP) Los Baños to establish the UP ...

Is Metro Manila a dying city?
Philstar - 2017-09-20
SPYBITS By Babe G. Romualdez (The Philippine Star) | Updated September 21, 2017 - 12:00am Numerous studies by groups such as the American Psychological Association have noted the link between chronic stress and some of the leading causes of death, among ...

Phoenix Petroleum sees another record year on continued expansion
Philstar - 2017-09-20
MANILA, Philippines -- Davao-based Phoenix Petroleum Philippines Inc. expects another record performance this year on the back of continued expansion of existing business segments and the addition of liquefied petroleum gas (LPG) business to its portfolio ...

Meralco registers surprise spike in demand in Q3
Philstar - 2017-09-20
MANILA, Philippines -- The Luzon grid may need more capacity from new generation plants as power distributor Manila Electric Co. (Meralco) has recorded a surprise spike in demand in its franchise area as the year entered its third quarter. The power ...

Solon eyes quick recovery of stolen Bangladeshi funds to help Dhaka deal with Rohingya crisis
BusinessMirror. - 2017-09-20
Five of the 35 transactions were wired to Rizal Commercial Banking Corp. (RCBC) through a number of bogus accounts. The funds were laundered through the casinos which, at the time, were beyond Republic Act (RA) 10927, or the anti-money laundering law.

After a decade, construction of MRT-LRT Common Station to begin in September
Rappler - 2017-09-20
MANILA, Philippines - Of all Manila's sprawling mega projects, the 13,700-square-meter (sqm) common station deal that will connect the Metro Rail Transit (MRT) and the Light Rail Transit (LRT) lines is perhaps the most controversial and coveted contract.

Stocks: Expensive or costly?
BusinessMirror. - 2017-09-20
This coming Saturday at the Financial Advisors Congress, I will be speaking on "How to Spot the Next Stock Market Crash". That is a relatively easy thing to do if you know what to look for and how to see it. There are clear signs and factors that set ...

MRC Allied to buy six more renewable-energy developers
BusinessMirror. - 2017-09-20
MRC Allied Inc. is eyeing to acquire a significant stake in six more renewable-energy (RE) developers soon, following the successful acquisition of a 15-percent stake in a 50-megawatt (MW) solar project in Leyte. "We are evaluating at least six more.

MPIC likely to be granted original proponent status on MRT rehab - DOTr - 2017-09-20
The consortium of MPIC and Ayala Corporation has recently submitted its proposal to the DOTr which would involve an investment of P12 billion to rehabilitate the train systems of the MRT and take over its operations for a period of 32 years. The consortium ...

Solar PH beats price offer of Citicore - 2017-09-20
Leviste said Citicore, which initially made an offer of P3.50 per kWh to Meralco, did not match the P2.99 per KWh price challenge of Solar Philippines. Leviste said the company would source its capacity from its planned Tarlac solar power project.

Business as usual for Toys "R" Us Philippines despite US bankruptcy filing - 2017-09-20
Toys "R" Us Philippines is managed and operated by Robinsons Toys Inc, a wholly-owned subsidiary of Robinsons Retail Holdings, Inc, according to a clarificatory statement issued to the media. It is a sub-licensee of Toys " R" Us (Asia), which is ...

Business as usual for Toys "R" Us Philippines despite US bankruptcy filing
InterAksyon - 2017-09-20
Toys "R" Us Philippines is managed and operated by Robinsons Toys Inc, a wholly-owned subsidiary of Robinsons Retail Holdings, Inc, according to a clarificatory statement issued to the media. It is a sub-licensee of Toys " R" Us (Asia), which is ...

WATCH: Earthquake In Mexico City Turns River Into A Turbulent Sea
International Business Times - 2017-09-20
Tamir, a Philippine-based florist who shared the video on her Facebook ... Mexico City airport was closed temporarily but has now reopened. Please contact your airline in the first instance if you are due to fly out on 19 or 20 Sept. Local authorities ...

Manulife launches PH asset management arm
- 2017-09-20
Global financial services provider Manulife Group has rolled out an asset management unit in the Philippines, riding on its international experience in wealth management to expand its 110-year-old

Hungry Jollibee eyeing big bite of UK sandwich chain
Inquirer - 2017-09-20
Homegrown fast-food giant Jollibee Foods Corp. (JFC) is interested to bid for UK-based international sandwich chain Pret A Manger, continuing efforts to scout for globalization opportunities. "As you know, we continue to actively explore all the ...

Charleston Manufacturers Focus on Training Current and Future Workers
Industry Week - 2017-09-20
After visiting the Charleston Port terminal and the Mercedes-Benz Vans Training Center, I had the pleasure of visiting several manufacturers during my two-day trip to the Charleston metro area ... of the German company IFA - Holding GmbH.

Investors turn cautious, PH stocks pull back from record highs
Inquirer - 2017-09-20
Ayala Corp. tumbled by 3.81 percent while SM Investments, Ayala Land, PLDT and ICTSI all declined by over 2 percent. URC and SM Prime both slipped by over 1 percent while BDO, Jollibee, Metrobank and Metro Pacific all slipped. Aside from the two-day US Fed ...

DOTr, SMC in talks on Bulacan airport plan
Inquirer - 2017-09-19
According to SMC, air transport delays in Naia already cost airlines about P1.1 billion annually and this ... 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 ...

Rohingya Muslims being wiped off Myanmar's map
Philstar - 2017-09-19
After a series of attacks by Muslim militants last month, security forces and allied mobs retaliated by burning down thousands of Rohingya homes in the predominantly ... as the country was transitioning from a half-century of dictatorship to democracy ...

Maynilad allots P102 M for Pasay pipes
Philstar - 2017-09-19
MANILA, Philippines -- West zone concessionaire Maynilad Water Services Inc. is investing P102 million for its pipe-laying project in Pasay. The project, which will involve 1.2 kilometers of new primary and secondary lines, will enable Maynilad to ...

Veco, City to identify priority areas for UDS
Philstar - 2017-09-19
This is to prepare the Aboitiz-led electric distribution company to pinpoint ... strong winds and lightning will no longer be a problem, said the company's Power Systems Design Department manager, Armil Logarta. Moreover, the absence of overhead wires ...

Pangilinan-Ayala group poised to bag MRT3 original proponent status
Rappler - 2017-09-19
It was last July 14 when Metro Pacific Investments Corporation (MPIC), together with Ayala Corporation and Macquarie Infrastructure Holdings Philippines Private Limited, formally submitted an unsolicited proposal for Manila's most congested railway system.

ERC junks opposition to Meralco power supply deal
Philstar - 2017-09-19
MANILA, Philippines -- The Energy Regulatory Commission (ERC) has dismissed opposition in four out of seven power supply agreements (PSAs) of Manila Electric Co. (Meralco). The power regulator has yet to set the hearing for the three remaining PSAs, ERC ...

Resorts World back on track
- 2017-09-19
Resorts World Manila, a joint venture between Andrew Tan’s Alliance Global Group and Genting Hong Kong Ltd., has seen a big improvement in its daily average foot traffic.

The healthcare business
Philstar - 2017-09-19
DEMAND AND SUPPLY By Boo Chanco (The Philippine Star) | Updated September 20, 2017 - 12:00am A change has been happening over the last decade or so in the healthcare business that is probably for the better. Conglomerates are buying hospitals and ...

PH govt repatriates Filipinos from storm-lashed Caribbean - 2017-09-19
HANDOUT PHOTO, DFA WASHINGTON, D.C. - At least 132 Filipinos affected by hurricane Irma at the British Virgin Islands, Sint Maarten and Anguilla departed San Juan, Puerto Rico for the Philippines Tuesday morning (US time) on board Philippine Airlines ...

AGI sets P5B stock repurchase program
BusinessWorld Online - 2017-09-19
the maintenance capex for Emperador, Inc., and the store rollout of Golden Arches Development Corp. Megaworld is aiming to hit 2 million square meters in gross leasable space by 2020, from the current 1.1 million sq.m. This will double the property ...

PNOC asks Petron to address environmental issues before lease ends
BusinessWorld Online - 2017-09-19
Reuben S. Lista, PNOC president and chief executive officer, told reporters on Tuesday that he sent a letter to Petron Corp. President and CEO Ramon S. Ang on Aug. 31, pointing out a previous request for the listed company to conduct environmental impact ...

The homegrown smartphone
BusinessWorld Online - 2017-09-19
Inc. with the participation of co-presenters Department of Trade and Industry, the Philippine Business for Social Progress, and the Philippine Stock Exchange. In the next few weeks, BusinessWorld will feature each finalist for the Entrepreneur Of The Year ...

Alliance Global Group, Inc. - 2017-09-19
Alliance Global Group, Inc. is an investment holding company, which engages in the food and beverage, real estate, and quick service restaurant businesses. It operates through the following segments: Megaworld, Travellers, GADC, Emperador, and GERI.

Inspiring innovation: The Entrepreneur Of The Year Philippines 2017
BusinessWorld Online - 2017-09-19
The SGV Foundation launched the program locally in 2003 and presented its very first Entrepreneur Of The Year Philippines award to Jollibee Foods Corp. President and Chief Executive Officer (CEO) Tony Tan Caktiong, who went on to win as World Entrepreneur ...

Bourse notches fresh straight peak
BusinessWorld Online - 2017-09-19
Monzon said in a statement. PNB Securities, Inc. President Manuel Antonio G. Lisbona said in a mobile phone message: "The move today is evidence of the very bullish sentiment among market investors." "The economic environment is widely expected to be ...

Developments: Legislation
Lexology - 2017-09-19
However, the new Government was quick to rekindle the draft legislation insofar as it relates to the development of automated vehicle ... It is a defence if the corporation can prove that, when the tax evasion offence was committed, it had in place ...

Quezon City residents reckon with overdue land valuation
BusinessMirror. - 2017-09-19
According to Quezon City Administrator Aldrin Cuña, the local government is losing money because its land valuation is still at the level in the 1990s, while real-estate brokers are ... according to the Apple Corp. web site. According to Lucido, she ...

COMMENTARY: Who will pay for the reconstruction and rehabilitation of Marawi?
Mindanews - 2017-09-19
Filipinos from the Babuyan Islands in the north and the Turtle ... grants and loans for the Marawi rehabilitation. The Philippine Daily Inquirer (Aug. 28, 2017) in its report entitled "ADB, World Bank to be lead coordinators in Marawi rehabilitation ...

SMB, Rain or Shine race to top four slots - 2017-09-19
The streaking Beermen (6 wins, 3 losses) aim on keeping in-step with their fellow top-tier teams as they take on the Phoenix Petroleum Fuelmasters (2-8) at 7 p.m. in the main course at the Ynares Center in Antipolo City tonight. Preceding that is a clash ...

Duterte admits 'inventing' alleged Trillanes account number
Philstar - 2017-09-19
In May 2016, he accused the president of owning P211 million in the branch of the Bank of the Philippine Islands in Julia Vargas, Pasig City. Then, in a Senate panel investigation into the smuggling of illegal drugs into the country, he accused the ...

Trader's Diary: Stay cautious until Federal Reserve meet outcome
Economic Times - 2017-09-19
Shares of public sector banks such as Syndicate Bank (down 1.73 per cent), Oriental Bank of Commerce (down 1.68 ... negative for the second largest state-owned oil marketing company Bharat Petroleum Corporation (BPCL). CLSA believes acquisition will ...

Competing Against Risk: The Challenge for Corporate Governance in the 21 st Century
BusinessWorld Online - 2017-09-19
Professor EP Vermeulen of the University of Tilburg has pointed out that the average ... 26 th at the Dusit Thani Hotel in Makati City. For further details, please go to The whole-day conference features distinguished experts in various ...

Security Bank, RCBC roll out online card lock feature
BusinessWorld Online - 2017-09-19
CUSTOMERS of Security Bank Corp. and Rizal Commercial Banking Corp. (RCBC) now have the option to employ online card locking to prevent thieves from gaining access to their accounts. In separate statements on Monday, the two lenders announced that clients ...

PHL exporters promote health benefits of coconut products in US
BusinessMirror. - 2017-09-19
The next day, the Philippine Trade and Investment Center (PTIC)-Los Angeles organized a business-to- business meeting with 38 buyers and some contracts were signed during the event. Store checks were made at the Seafood City and Island Pacific Supermarket ...

'Checkmate ka na,' Trillanes tells Duterte
Philstar - 2017-09-19
In 2016, Trillanes accused the then mayor of Davao City of owning P211 million in an account with the Bank of the Philippine Islands branch in Julia Vargas, Pasig. Duterte signed a waiver allowing Salvador Panelo, then one of his campaign lawyers ...

A much-changed icon, Suu Kyi evades Rohingya accusations
BusinessMirror. - 2017-09-19
After a series of attacks by Muslim militants in August, security forces and allied mobs retaliated by burning down thousands of homes in the enclaves of the ... who ruled the country for nearly half a century and turned a resource-rich land once known ...

Ayala Land Premiere Arbor Lanes: The new southern gateway to Metro Manila
BusinessMirror. - 2017-09-19
THE Ayala Land Premiere (ALP) team, led by its Managing Director Mike Jugo, is on cloud nine these days as Ayala Land Inc. (ALI) luxury brand project Arbor Lanes is now 74-percent sold-out, and set for completion of its first building next year. Arca ...

ERC rejects opposition to Meralco supply deals - 2017-09-19
The Energy Regulatory Commission has dismissed the opposition filed by certain personalities against the seven controversial power supply agreements of Manila Electric Co. The regulator in separate decisions dismissed the petitions for intervention of ...

MRT mulls over terminating contract with maintenance provider - 2017-09-19
Metro Manila (CNN Philippines, September 19) -- The termination of the contract with maintenance provider Busan Universal Rails, Incorporated (BURI) is up to the Metro Rail Transit-3 (MRT-3), a transport undersecretary said Tuesday. Speaking to CNN ...

Ayala Land Premier: The leader in luxury residential development
BusinessMirror. - 2017-09-19
In Photo: Park Central Towers, together with the new buildings within Ayala Triangle will redefine the Makati skyline as we know it. AYALA Land Premier continues to lead the Philippine property market to new heights. Their most ambitious project yet, the ...

Royal Caribbean Cruises, STI to build school for seafarers
Inquirer - 2017-09-19
Leading global cruise operator Royal Caribbean Cruises Ltd. (RCL) is betting big on Philippine human resources by teaming up with STI Education Services Group Inc. (STI ESG) to build a world-class training center for seafarers in Manila. The facility ...

Prosecutors may end presentation of evidence in Revilla case this September
Rappler - 2017-09-19
In the last hearing, an official from the Asia United Bank said they recorded "covered" transactions in Revilla's account or a transaction that exceeds the threshold of P500,000 within one day. The bank official said a suspicious transaction report was ...