Google goes the BHIM way, debuts payment app Tez
Catch News - 2017-09-18
Despite the BJP government's claims of fostering a cashless economy through ... In this ase, we are working the banks." "Send money home to your family, split a dinner bill with friends, or pay the neighbourhood chaiwala. Make all payments big or small ...

PSALM: Contract with Phinma terminated based on terms
BusinessMirror. - 2017-09-18
THE Power Sector Assets and Liabilities Management (Psalm) Corp. on Monday said a decision to terminate the independent power producer administrators (IPPA) administration agreement (IPPA AA) with Phinma Energy Corp. was done in accordance with the terms ...

Tower One Featured In The CSE Quarterly Publication
The Street - 2017-09-18
18, 2017 (GLOBE NEWSWIRE) -- Tower One Wireless Corp (CSE ... A bout The Canadian Securities Exchange The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 ...

Buys rally PSEi to hit another historic high
BusinessMirror. - 2017-09-18
THE benchmark Philippine Stock Exchange index (PSEi) gained 113.29 points to close ... Ayala Corp. rose P43.50 to P972, Ayala Land Inc. climbed P1 to P46; SM Prime Holdings Inc. added P0.20 to P35; and BDO Unibank Inc. was up P1.20 to P130.10.

Cebu Air subsidiary Cebgo to add new domestic routes
BusinessMirror. - 2017-09-18
CEBU Air Inc. said the low-cost airline it operates is poised to add a new route to its extensive domestic portfolio, this time directly connecting cities in Davao and Bohol. Starting on October 21, CEB subsidiary Cebgo Inc. will commence the operations of ...

Megawide income seen to grow 14% this year
BusinessMirror. - 2017-09-18
MEGAWIDE Construction Corp. said its net income may grow between 12 percent and 14 percent for the year. However, revenues may only reach to a single-digit level as the firm grows its business and keep cost efficiencies high. Megawide CFO Oliver Tan said ...

Surigao del Norte miner to train women for heavy-equipment operation
BusinessMirror. - 2017-09-18
A subsidiary of publicly listed Nickel Asia Corp., HMC is operating the Tagana-an Nickel Project in on Hinatuan Island, which is within the jurisdiction of Barangay Talavera, the town of Tagana-an in Surigao del Norte Province. Currently, there are 18 ...

Six staycation ideas - 2017-09-18
Watch a show in Cultural Center of the Philippines or BGC Arts Center ... which accepts major banks like BPI, BDO, Metrobank, Chinabank, RCBC, UCPB, and Landbank. You can also pay via wallet or over-the-counter at 7-11, M. Lhuillier, and Cebuana ...

BDO cited as preferred employer - 2017-09-18
BDO Unibank Inc. has been named again as one of the top 10 companies Filipinos aspire to work for and the only bank which made it to the influential list initiated by online recruitment site Based on the 2017 Top Companies ...

PSALM defends decision to terminate contract with Phinma Energy - 2017-09-18
Power Sector Assets and Liabilities Management Corp. on Monday defended its decision to terminate the contract with independent power producer administrators such as Phinma Energy Corp., the power arm of the Phinma Group. "In every decision we make, we ...

PSALM pushes sale of property holdings - 2017-09-18
State-run Power Sector Assets and Liabilities Management Corp. is pushing the ... "We are coordinating with Peza (Philippine Economic Zone Authority) to maximize value of these assets," she said. PSALM has real estate assets with an aggregate land ...

Megawide sees 12-14% profit growth
Inquirer - 2017-09-18
Construction and engineering firm Megawide Construction Corp. expects a recovery in earnings this second semester to bring full-year net profit 12-14 percent higher than the level posted last year. "This will be driven by the increase in construction ...

50 years of Better Living through locally-made, Japan quality products
Inquirer - 2017-09-18
Brought together by their common belief that business operations should be aimed towards the betterment of society and the development of ... the continually intensifying competition in consumer electronics, PMPC remains a strong industry leader.

SLI plans P15B capital spending
Inquirer - 2017-09-18
Property developer Sta. Lucia Land Inc. plans to tap the capital markets to fund around P15 billion in capital spending for the next three to five years. After raising over P8 billion in the past two years from the loca debt market, SLI told the Philippine ...

Martial law reminiscences and springtime
Philippine Daily Inquirer - 2017-09-18
HR lawyering was unknown when I was in law school. I had not heard of salvaging, desaparecidos, Nawasa and Meralco treatments (torture), San Juanico Bridge (head on one bench, feet on another, to be whipped when one fell -- ask Pete Lacaba) and the like.

Exclusive - Filipino fast food group Jollibee eyes bid for UK's Pret A Manger: sources
News Philippines Yahoo - 2017-09-18
HONG KONG (Reuters) - Jollibee Foods Corp (JFC.PS), popular in the Philippines for its sweet-style spaghetti and fried chicken, is exploring a bid for Britain's Pret A Manger which could value the upscale sandwich chain at over $1 billion (738.90 million ...

Del Monte Pacific Ltd (DMPL.SI)
Reuters - 2017-09-18
Mr. Rolando C. Gapud is Executive Chairman of the Board of Del Monte Pacific Ltd. Mr. Rolando C Gapud has over 35 years of experience in banking, finance and general management, having worked as CEO of several Philippine companies, notably Security Bank ...

GCash Scan to Pay Now Enabled in Mercato Centrale
Inquirer Technology - 2017-09-18
"Mynt is dedicated to bringing the latest innovations in payments and e-commerce to the Philippines to continually enable the financially underserved, and this service ... business entrepreneurs to serve more clients, expand their customer base and scale ...

Philippine Drugstore Wins ASEAN Award
Philstar - 2017-09-17
CEBU, Philippines -- Generika Drugstore, a member of Ayala Healthcare Holdings Inc. (AC Health), is the first recipient of the Inclusive ... for Peace (Philippines), Siam Organic (Thailand), KP Company Limited (Laos), and Olam International (Singapore).

Perception and FDIs
Philstar - 2017-09-17
In the Pilipinas Conference organized by Stratbase ADR Institute also late last year, Ayala Corp. chairman Jaime Augusto Zobel de Ayala, International Container Terminal Services, Inc. Chairman & CEO Enrique Razon and RFM president and CEO Jose Concepcion ...

Groundbreaking for LRT-MRT common station set on Sept. 29
Philstar - 2017-09-17
Tugade said a joint manifestation has been filed before the Supreme Court to address the temporary restraining order (TRO) obtained by SM Prime Holdings Inc. (SMPHI) from the SC on the common station. Last January, a memorandum of agreement was signed by ...

Luzon grid to get additional capacity
Philstar - 2017-09-17
... undertaken by Pagbilao Energy Corp. (PEC), a joint venture between TPEC Holdings Corp. and Therma Power Inc. - wholly owned subsidiaries of TeaM Energy and the Aboitiz Group, respectively. AboitizPower serves as the independent power producer ...

SMDC marks 10th year: A decade of building homes for Filipinos
Philstar - 2017-09-17
MANILA, Philippines -- Henry Sy has business shoes to his name, a legacy that transformed in years that has even passed on to his son who is making a mark on his own. Providing dream homes to every Filipino must be SM Prime Holdings Inc. chairman Henry Sy ...

PSA reports 55% drop in Q2 foreign investment approvals
- 2017-09-17
Foreign investments approved by the country’s seven investment promotion agencies (IPA) fell 54.9 percent in the second quarter, the Philippine Statistics Authority reported over the weekend.

HMC expects lower net income this year
BusinessMirror. - 2017-09-17
We are recomputing our shipments because we are still waiting for our tree-cutting permit to extract in another area," Arañes told the BusinessMirror in an interview during a recent mine tour organized by parent firm Nickel Asia Corp. Arañes is ...

Power producers face tough times on oversupply, pricing
BusinessMirror. - 2017-09-17
There will be idle capacity and may affect viability of some. In situations like this, building of new plants may slow down as well," said Aboitiz Power Corp. President Antonio Moraza in a text message. "Prices are already very low, particularly in the ...

Meralco unit to extend freight-train project to Batangas international port
BusinessMirror. - 2017-09-17
The Batangas Container Terminal, operated by Asian Terminals Inc., is a major trading hub in Southern Luzon. Located inside the Batangas International Port, the 15-hectare container terminal handles over 300,000 twenty-foot equivalent units annually.

Cebu to host first-ever HR convention
BusinessMirror. - 2017-09-17
Dimabayao, OIC of the Public Affairs Office of the Mactan-Cebu International Airport; Nelson M. Judaya, regional marketing director of Jollibee Foods Corp.; and Rex Paolo C. Colina, campus registrar of PAREF Springdale School. More than 200 representatives ...

MRT-LRT common station to break ground on Sept. 29
BusinessWorld Online - 2017-09-17
Villar; Metro Pacific Investments Corp. Chairman Manuel V. Pangilinan; SM Prime Holdings, Inc. Director Hans T. Sy; Ayala Corp. Chief Executive Officer Jaime Zobel de Ayala; and San Miguel Corp. President and CEO Ramon S. Ang. Under the agreement ...

Tap PDMF to check viability of PPP projects, LGUs told
BusinessMirror. - 2017-09-17
Villafuerte said the PDMF offers LGUs world-class consultancy services from firms such as BDO Llp. of the United Kingdom ... The bill updates the build-operate-transfer law by including joint ventures, operations and maintenance contracts, and the supply ...

Megawide's proposed East-West Railway to cost $1 billion
Rappler - 2017-09-17
MANILA, Philippines - Megawide Construction Corporation, a front-runner in public-private partnership (PPP) projects, disclosed the cost of its proposed 9.4-kilometer elevated railway line from Diliman, Quezon City to Lerma, Manila: around $1 billion ...

Security Bank, RCBC add anti-fraud measures to debit cards
Rappler - 2017-09-17
Dy-led Security Bank and Yuchengco-led Rizal Commercial Banking Corporation (RCBC) both announced on Monday, September 18, that they have added a lock/unlock feature to their ATM cards. The enhanced safety feature allows customers to turn off - and on ...

Errant dump truck pulls electric post, crushing car and killing 2 motorbike riders in QC - 2017-09-17
Fallen Meralco wires from the other lane snagged a motorcycle rider and his passenger, killing them. The sedan driver sustained slight injuries. (Photo by Michael Varcas, Phil. Star) MANILA, Philippines - A freak accident that began with an errant dump ...

With eye on sustainable business model, SMC to halt plastic bottled water business - 2017-09-17
File photo of Magnolia's Purewater bottled water line, from MANILA - San Miguel Corporation (SMC) has announced plans to discontinue its plastic bottled water line, under the Purewater brand, as part of its bold sustainability ...

Will national ID system finally make it as a law?
Bulatlat - 2017-09-17
Mind this, however: Access to the data will be granted to personnel of 15 national government agencies and local civil registrar offices with the "appropriate security clearances." It was back in 1988 when AFP chief and then defense secretary of the ...

Top 4 Ways for CMOs to Build Engagement With Gen Z
Inc. - 2017-09-17
Snapchat One of the younger social networks (and a recently public corporation), Snapchat is continuously adding ... in a way many other platforms don't yet allow. 2. Instagram Gen Z is the generation most likely to turn to Instagram for news on product ...

Market to test 8,300 on favorable outlook - 2017-09-17
Among the weekly top price gainers Robinsons Land Corp., which rose 8.5 percent to P25.35; Filinvest Land Inc., which increased 7.4 percent to P1.91; and First Gen Corp., which advanced 7.1 percent to P19. Weekly top price losers, meanwhile, were ...

AirAsia readies $250-m offering - 2017-09-17
It could be the biggest IPO for the year after the offerings of Wilcon Depot Inc. (P7 billion), Chelsea Logistics ... as 2015 has announced plans to list its shares with the Philippine Stock Exchange. AirAsia operates a fleet of 17 aircraft with domestic ...

Zobel named UN SDG champion
Inquirer - 2017-09-17
Jaime Augusto Zobel de Ayala, chair and chief executive officer of 183-year-old conglomerate Ayala Corp., is part of the honor roll for 2017, the first executive from the Philippines to receive this citation. He was named SDG Pioneer for sustainable ...

San Miguel Corp. to discontinue plastic bottled water business as part of sustainability efforts - 2017-09-17
Metro Manila (CNN Philippines, September 17 ... "The plastic bottled water business has given us good returns, but we are choosing to forego it in favor of our long-term sustainability goals," SMC President and Chief Operating Officer Ramon Ang ...

Tax court upholds one-year prison term for beauty doctor Joel Mendez
Philippine Daily Inquirer - 2017-09-17
Mendez argued he was not required to submit his income tax return due to his lack of income at the time. The court said, however, that his business was shown to be existing and operating during that year. It noted that Mendez began rendering medical ...

Provincial bus franchises back via P2P
Philippine Daily Inquirer - 2017-09-16
Early in his first year in office, President Duterte urged domestic and international airlines to transfer their operations ... Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen ...

Global, Meralco battle to draw
Philstar - 2017-09-16
CEBU, Philippines -- Global Cebu FC and FC Meralco Manila settled for a scoreless draw in the Philippine Football League last night at the Cebu City Sports Center. Global remained at the second place with an improved standing of 34 points, while Meralco ...

A milestone for luxury
Philstar - 2017-09-16
Rustan Commercial Corp. and SSI Group chairman and CEO Zenaida Tantoco and SSI Group president Anton Huang led the monumental gathering. The well-attended event, hosted by Tim Yap and directed by Robby Carmona, also featured a grand fashion show that ...

Late 2-shot swing nets Mondilla PGTA crown
BusinessMirror. - 2017-09-16
Clyde Mondilla beams as he holds his trophy after ruling the ICTSI Riviera Classic crown of the PGT Asia Tour ... one-stroke triumphs over Tony Lascuña and Miguel Tabuena at Manila Southwoods and over American Nicolas Paez, Jhonnel Ababa and Lascuña ...

MRail plans extension of Mla-Laguna freight service to Batangas
Philstar - 2017-09-16
... project which covers Tutuban up to the Laguna Gateway Inland Container Terminal operated by International Container Terminal Services Inc. in Calamba, and eventually to Batangas, seeks to allow seamless transport of containerized cargoes by moving ...

Sta Lucia expands in MM, 5 provinces
Philstar - 2017-09-16
MANILA, Philippines -- Sta. Lucia Land Inc. (SLI) continues to expand its footprint in Metro Manila and in the provinces. In a special board meeting Thursday, SLI approved a joint venture involving the development of a 212,890 square meter property in ...

Can mining industry weather the policy storm?
BusinessMirror. - 2017-09-16
Interviewed by the BusinessMirror, Gerard H. Brimo, president and CEO of Nickel Asia Corp. and a member of the Audit, Risk and Remuneration (Compensation) Committees of the Board, as the newly elected chairman of COMP, speaks his mind about the challenges ...

Dive and Dine in Bohol
BusinessMirror. - 2017-09-16
With its amazing underwater kingdom, Balicasag has hosted prestigious events, such as the Shore It Up Marine Ecosystem Program of Metro Pacific Investments Corp. and the exploratory dive of Shanghai-based dive-tour agents and journalists organized by the DOT.

France, Germany to train PBT, Tuloy Foundation ballet dancers
BusinessMirror. - 2017-09-16
For inquiries, contact the PBT office at (02) 632-8848; 09493252545 and 09951580538 or e-mail Know more about the two boys through a video posted by Philippine Airlines at