Solar Philippines nears new Meralco supply deal
Philstar - 2017-09-21
MANILA, Philippines -- Solar Philippines expects to close an 85-megawatt power supply contract with Manila Electric Co. (Meralco) soon, its top official said. In a forum hosted by Financial Executives Institute of the Philippines (Finex), Solar ...

Union For Life starts selling guaranteed issue offer products
BusinessMirror. - 2017-09-21
Union for Life, the bancassurance partnership of Insular Life and Union Bank of the Philippines (Union Bank), recently launched two guaranteed issue products exclusively offered to UnionBank clients. Insular Life Security is a guaranteed issue offer (GIO ...

Ang asserts SPPC paid obligations to PSALM
BusinessMirror. - 2017-09-21
PSALM, according to Ang, said SPPC should have sold its power generation to the Wholesale Electricity Sport Market (WESM) instead of Manila Electric Company, as this allegedly would have optimized revenues from the high WESM prices during the period of ...

DECISIVE ANALYTICS Corporation Wins $41.5M USASMDC/ARSTRAT Contract To Provide Software Prototyping And Experimentation Support
The Street - 2017-09-21
"We are pleased to be continuing our work with SMDC under this new D3I D2 task order," said Jess Granone, Vice President and D3I Program Manager at DECISIVE ANALYTICS. "We look forward to solving the customer's capability gaps by bringing innovative ...

Prep time
Inquirer Entertainment - 2017-09-21
Visit for details. "Matilda" will run from Nov. 10 to Dec. 10 at the Meralco Theater. Visit for tickets. This Friday and Saturday at 8 p.m., I will be making my Dubai concert debut at the Dubai Opera! My brother ...

Business as usual for Toys R Us Philippines
Philstar - 2017-09-21
MANILA, Philippines -- Toys "R" Us stores in the Philippines remain open for business and are not affected by the financial restructuring of Toys "R" Us Inc, the largest toy store in the United States. In the Philippines, Toys "R" Us ...

DoubleDragon files for new share offering
BusinessWorld Online - 2017-09-21
DOUBLEDRAGON Properties Corp. has lodged with the Securities and Exchange Commission (SEC) its application for a P7.5-billion follow-on offering that would help finance its aggressive expansion program. The property developer, owned by the founders of ...

Building on relationships
BusinessWorld Online - 2017-09-21
This practice allowed her to raise money to buy her first properties on installment ... Global Ferronickel Holdings, Inc.; Hyundai Asia Resources, Inc.; Intermed Marketing Philippines, Inc.; Jollibee Foods Corp.; LBC; SteelAsia and Universal Harvester ...

FLI teams up with French energy firm
BusinessWorld Online - 2017-09-21
Filinvest City in Muntinlupa. The Philippine DCS Development Corp. (PDDC), a 60-40 joint venture between the Gotianun-led real estate developer and ENGIE, said the system will have an energy efficient cooling capacity of 42.2 megawatts. This is enough to ...

Amazon is lifeline for retail workers, if they live in right city
BusinessWorld Online - 2017-09-21
Many of these new warehouse jobs are at Amazon fulfillment centers, buildings of about a million square feet where products are retrieved, packed into boxes and shipped to homes around the ... and manufacturing and 19 th Century jobs.

Foreign ratings - 2017-09-21
In its latest report this week, PERC had some unkind words for the Philippines, calling our political governance the weakest in Asia. According to its analysts: The quality of governance has deteriorated sharply under Duterte. Abrupt policy changes under ...

Hancock Timber Resource Group Acquires Approximately 79,000 Acres of Timberlands in Wisconsin
NASDAQ - 2017-09-21
About Manulife Asset Management Manulife Asset Management is the global asset management arm of Manulife Financial Corporation ("Manulife"). We provide comprehensive asset management solutions for investors across a broad range of public and private asset ...

International Speedway Corporation To Host Third Quarter 2017 Financial Results Conference Call
The Street - 2017-09-21
The Company also owns and operates Motor Racing Network SM, the nation's largest independent sports radio network and Americrown Service Corporation SM ... dining and entertainment development across from Daytona International Speedway, and has a 50 ...

Powering capital markets for more inclusive growth
BusinessMirror. - 2017-09-21
According to Bank of the Philippine Islands (BPI), growing and strengthening the local investor base is vital to developing the capital market as an engine of inclusive economic growth in the Philippines. "Philippine capital markets are growing and ...

FLI, Engie to spend P1.5 billion for IT park cooling system
BusinessMirror. - 2017-09-21
A joint venture between Filinvest Land Inc. (FLI ... The system hub will be owned by Philippine DCS Development Corp. (PDDC), a joint venture that is 60-percent owned by the Gotianuns and 40-percent controlled by French firm Engie. This plant will provide ...

Design Center of the Philippines introduces International Design Conference speakers - 2017-09-21
Concurrently, she is a professor, teaching real estate brokerage and appraisal at De La Salle University-College of St. Benilde and University of the Philippines-Open University. Abi is a seeker with a profound burden for the current state and health of ...

Market soars; Waterfront up - 2017-09-21
Gainers outnumbered losers, 107 to 95, while 54 issues were unchanged. Fourteen of the 20 most active stocks ended in the green, led by hotel operator Waterfront Philippines Inc. which jumped 11.1 percent to P1.40 and aviation company MacroAsia Corp. which ...

Artkitektura Festival - 2017-09-21
In our regional malls like Glorietta and Trinoma, we integrated greens through pocket and roof top gardens," says Ayala Land Malls Inc. President Rowena Tomeldan. "What distinguishes Ayala Malls from others is the amount of space we allocate to ...

Pro-Duterte rallyists in Mendiola express support for drug war
Philippine Daily Inquirer - 2017-09-21
Kaya ito ang pinaglalaban natin," said Martin Diño, chair of Subic Bay Metropolitan Authority (SBMA ... While Pro-Duterte rallyists gather in front of Centro Escolar University, protesters condemning the President held their program at the other ...

Stock index retests 8,200
Inquirer - 2017-09-21
Ayala Land, SM Prime, Metro Pacific, Robinsons Land and GT Capital all gained more than 1 percent while BDO, Ayala Corp., Security Bank, ICTSI and URC also contributed gains. Beyond PSEi stocks, investors also gobbled up shares of Bloomberry (+4.72 percent ...

PSEi slips on profit-taking, NoKor jitters
Inquirer - 2017-09-21
On the other hand, GT Capital rose by 2.21 percent while Ayala Corp. and Security Bank both gained over 1 percent. SM Prime, SM Investments and BPI also firmed up. Notable non-PSEi gainers included exploration firm PXP, which surged by 27.47 percent.

DoubleDragon applies for P7.5B re-IPO
Inquirer - 2017-09-21
Three years after debuting on the local stock market, property developer DoubleDragon Properties Corp. has filed an application at the Securities and Exchange Commission to raise as much as P7.5 billion from a follow-on equity offering. "This exercise is ...

Postbank sale to Landbank up for Duterte OK, says DOF
Inquirer - 2017-09-21
Loans for house repair, for educating the beneficiaries here, direct remittance to schools--those ... At present, BDO Unibank Inc. is the biggest player in the remittance business with a 40-percent market share, followed by Metropolitan Bank and Trust ...

AirAsia PH flies to Vietnam
Inquirer - 2017-09-21
The airline said booking options for this route opened Wednesday ... 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 ...

Megawide to pursue development plan for MCIA
Philstar - 2017-09-20
CEBU, Philippines -- Megawide Construction Corp said it will pursue its long-term development plan for the Mactan-Cebu International Airport (MCIA). In a stock exchange filing, the infrastructure company said: "Megawide will pursue its unsolicited P209 ...

Ateneo unveils George S.K. Ty learning facility
Philstar - 2017-09-20
MANILA, Philippines -- The GT Foundation Inc. (GTFI ... Consistent with the passion of Metrobank Group chairman and founder Dr. George S.K. Ty to champion quality education, the three-story academic wing houses non-traditional classrooms and laboratories ...

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 ...