Stocks close flat; PLDT dips
thestandard.com.ph - 2017-09-08
Alliance Global Group Inc. of tycoon Andrew Tan climbed 3.4 percent to P14.70, while DMCI Holdings Inc., which is into power generation, mining, water distribution and property, gained 1 percent to P15.76. The US dollar, meanwhile, tumbled to its weakest ...

Big firms urged: Make space for small businesses
Inquirer - 2017-09-08
The largest and most successful corporations in Southeast Asia must strive to "make space" in the empires for the smallest of their business brethren by sharing their knowledge with entrepreneurs and including them in their supply chains. Thus said ...

Meralco hikes rates, citing weak peso, high spot prices
Inquirer - 2017-09-08
Customers of Manila Electric Co. will pay an additional 86.42 centavos per kilowatt-hour in the September billing period as spot prices continued to rise while the peso depreciated against the US dollar. Meralco said in a statement that September marked ...

Biz Buzz: Win-win solution, redux
Inquirer - 2017-09-08
Whang, who joined Chinabank in 2011, has over 30 years of experience in corporate banking, branch banking and consumer retail in various institutions such as Metrobank, Republic National Bank of New York, International Exchange Bank, Union Bank ...

Entrepreneur Of The Year Philippines 2015 Memorandum of Agreement signing
ey.com - 2017-09-08
Media sponsors are BusinessWorld and the ABS-CBN News Channel. Jollibee Foods Corporation President and CEO Tony Tan Caktiong won the very first Entrepreneur Of The Year Philippines title and went on to win the 2004 World Entrepreneur Of The Year award in ...

Time to Renew
Philstar - 2017-09-08
SM Advantage Card, BDO Rewards or PriMo Card holders get a chance to win ... AXA Group CEO Thomas Buberl received a warm Filipino welcome from AXA Philippines and its joint venture partner, Metrobank Group, during his recent two-day visit to Manila.

SMC to put up industrial estate in Mandaue
www.philstar.com - 2017-09-08
San Miguel Corp. is looking to build an industrial estate in Mandaue City, Cebu, as part of its commitment to boost manufacturing activity in the country and generate employment outside the capital.

Design standards can address open pit impact - experts
Philstar - 2017-09-08
Pangilinan-led Philex Mining Corp. said the industry must constantly find innovative ways to sustain its operations and catch up with other countries in terms of adopting international standards on open-pit method. "Innovation is not just a buzz word but ...

Food security
Philstar - 2017-09-08
Villar warned. The Senator is known for her wide business management background and education, not to mention her experience running a successful family business conglomerate under the flagship of Vista Land with husband former Senate president Manny Villar.

People & Events
Visayan Daily Star - 2017-09-08
Bacolod City College is celebrating ... the hospital for the medical needs of Bacolod patients being referred to them by the city government, under its Medical Assistance Program. The symbolic check was received by CLMMRH Medical Center chief, Dr. Julius ...

Sun Life Financial continues to transform business with digital, - NBC12 - WWBT - Richmond, VA News On Your Side
WWBT-TV NBC 12 - 2017-09-08
TORONTO, Sept. 8, 2017 /CNW/ - Sun Life Assurance Company of Canada today announced the appointment of Stevan Lewis to the newly created position of Senior Vice-President of Digital Transformation to amplify the company's momentum in using digital, data ...

Ex-bank manager to face charges in Philippines for cyber heist, others cleared
New York Daily News - 2017-09-07
Hackers broke into Bangladesh Bank's account at the New York Federal Reserve in February last year and sought to move nearly $1 billion, mostly to accounts in the Manila-based Rizal Commercial Banking Corp (RCBC) Many of the transfer orders were blocked or ...

US debt deal powers PH, regional markets
Inquirer - 2017-09-07
The local stock barometer rose back to the 8,000 level on Thursday as a US debt ceiling deal perked up regional markets. The main-share Philippine Stock Exchange index (PSEi) added 39.01 points or 0.49 percent to close at 8,002.98. "Philippine stocks ...

Trillanes alleges Paolo Duterte has P104-M in bank accounts
Philippine Daily Inquirer - 2017-09-07
Trillanes made the accusation as he quizzed Duterte during the hearing of the Senate blue ribbon committee on his alleged accounts at the Rizal Commercial Banking Corporation (RCBC) and the Bank of the Philippine Islands (BPI) in Davao City. Duterte ...

DOJ junks money laundering case vs Philrem execs
Philippine Daily Inquirer - 2017-09-07
With the dismissal of the complaint filed by the Anti-Money Laundering Council (AMLC), former Rizal Commercial Banking Corp. branch manager Maia Santos-Deguito is the only identified accused in the money laundering case filed before the Makati City ...

Meralco bills up for third month in September
BusinessWorld Online - 2017-09-07
Meralco controlling stakeholder Beacon Electric Asset Holdings, Inc. is party owned by PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has interest in BusinessWorld through the Philippine Star ...

F2 Cargo Movers raring to take on CESAFI stars
Philstar - 2017-09-07
and Southwestern University-Phinma (SWU). Completing the Cargo Movers roster are Desiree Wynea Cheng, Cherry Rose Nunag, Abigail MaraƱo, Carmel June Saga, Dawn Nicole Macandili, Charlene Abiegail Cruz, Shawna-Lei Santos, Kim Kianna Dy, Aduke Christine ...

Filipino businessmen dominate ASEAN Business Awards
BusinessWorld Online - 2017-09-07
Mr. Gokongwei, founder of JG Summit Holdings, Inc., was one of the recipients of the Legacy Award, which was given to an "iconic entrepreneur of each ASEAN Member State who sets the standard of excellence in doing business." Dennis A. Uy, founder and ...

Trillanes accuses Paolo Duterte, Carpio of having hundreds of millions in bank accounts
Philstar - 2017-09-07
During Thursday's hearing, Trillanes initially asked Duterte if he had an account at the Philippine National Bank branch in Sta. Ana, Davao City. The Davao vice mayor invoked his right against self-incrimination in refusing to answer the senator's queries.

GBP powers up Robinsons mall
Philstar - 2017-09-07
It is also currently developing a 2x335-MW supercritical coal-fired power facility in La Union, and has recently acquired a 50 percent interest in Mindanao-based Alsons Thermal Energy Corp., which serves as the holding company for all baseload coal-fired ...

Visit our work sites, miners ask Duterte
Philstar - 2017-09-07
... mines can still be rehabilitated like in the case of Rio Tuba Nickel Mining Corp. and Taganito Mining Corp., both owned by listed Nickel Asia Corp. "Rio Tuba is an active mining area, right beside is a forest and that forest used to be an old mining ...

Texan buys Rockets
BusinessWorld Online - 2017-09-07
Texas billionaire Tilman Fertitta wasted no time making his desire to acquire the Rockets known. No sooner had owner Leslie Alexander shocked the pro hoops scene by putting the franchise on the block in mid-July than the longtime season-ticket holder vowed ...

Del Monte Pacific swings to profit in 1st quarter
BusinessWorld Online - 2017-09-07
DEL MONTE PACIFIC Limited (DMPL) swung back to profit in the May to July period, as strong sales in the Asian and Middle East markets offset the softer performance in the United States. The canned fruit giant on Thursday told the stock exchange it posted ...

IT firm Now Corp. gets green light for SC project
BusinessWorld Online - 2017-09-07
THE Supreme Court (SC) has given Now Corp. the go-signal to implement the P57.5-million Judiciary Email System project. In a disclosure to the stock exchange, Now Corp. said it received the notice to proceed from the Supreme Court to install the e-mail ...

Meralco customers should expect bump in bills
BusinessMirror. - 2017-09-07
Electricity rates are on the rise this month after overall generation charge for the August supply month went up mainly on account of higher spot-market prices and the continued depreciation of the peso. The Manila Electric Co. (Meralco) on Thursday said ...

Ayala Corp. to raise $400 million in fixed-for-life perpetual bond
BusinessMirror. - 2017-09-07
CONGLOMERATE Ayala Corp. is set to float $400 million in fixed-for-life perpetual bond. The issuance is the first corporate fixed-for-life with no coupon step-up in Southeast Asia and the first fixed-for-life with no step-up (and reset) deal in the ...

Del Monte turns around operation in seasonally weak fiscal 1st quarter
BusinessMirror. - 2017-09-07
CAMPOS-led Del Monte Pacific Ltd. (DMP) said it posted a net income of $0.7 million during its fiscal first quarter ending July, a turnaround from the $7-million net loss in the same period last year. DMP credited the turnaround as a result of the robust ...

DOJ clears Philrem in money-launder complaint
BusinessMirror. - 2017-09-07
Justice officials on Wednesday absolved only three of four accused in the alleged conspiracy to launder $81 million worth of funds stolen from the Bangladesh Bank and reiterated the indictment handed against the infamous branch manager of the Rizal ...

Most successful Philippine startup founders did not come from a tech background (infographics inside)
Yahoo News Singapore - 2017-09-07
Meanwhile, out of the 31 startup companies on the list, only 7 made a successful exit: OLX.ph, Chikka, Airborne Access, Netbooster, Xurpas, I-remit ... The post Most successful Philippine startup founders did not come from a tech background (infographics ...

San Miguel to build industrial estate in Cebu
Rappler - 2017-09-07
MANILA, Philippines - San Miguel Corporation (SMC) plans to build an industrial estate in Mandaue City in Cebu, an important move to support the conglomerate's expansion in key regions nationwide. SMC said in a statement on Thursday, September 7 ...

The 10th Asean Business Awards
Philstar - 2017-09-07
NEGOSYO KAPATID: Angat Lahat By Joey Concepcion (The Philippine Star) | Updated September 7, 2017 - 12:00am Tagged as the biggest ASEAN Business Awards yet, the ASEAN Business Advisory Council unveiled its newest pool of 10th ABA winners with 68 award ...

John Gokongwei leads honorees in Asean Business Awards
Inquirer - 2017-09-07
The 91-year-old Gokongwei is known as an entrepreneur who invested in agribusiness and the manufacturing of feeds and prime food commodities, and a visionary who channeled resources and expanded ... while Emma Imperial of Imperial Homes Corp. was cited ...

DMCI founder David Consunji dies
Rappler - 2017-09-07
MANILA, Philippines - David Consunji, the engineer who founded DM Consunji Incorporated (DMCI) and grew it into one of the country's top conglomerates, died at the age of 95, members of his family confirmed on Monday, September 4. The industrialist took ...

Philippines stocks higher at close of trade; PSEi Composite up 0.49%
investing.com - 2017-09-07
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 113 to 77 and 56 ended unchanged. Shares in Megaworld Corp (PS:MEG) rose to 52-week highs; gaining 2.32% or 0.120 to 5.300. Shares in Semirara Mining Corp (PS:SCC) rose to 5-year ...

Security Bank expands, diversifies board composition
Inquirer - 2017-09-07
Security Bank Corp. has expanded its board composition to include four more members, creating a 15-member panel with greater diversity in terms of expertise and gender distribution alongside more independent directors. The bank recently obtained approval ...

San Miguel to build industrial estate in Mandaue
Inquirer - 2017-09-07
Conglomerate San Miguel Corp. (SMC) plans to build an industrial estate in Mandaue City, Cebu, as part of its commitment to boost domestic manufacturing and create new jobs outside the capital region. The project, which will be jointly undertaken with the ...

PH bags 9 ASEAN Business Awards
conceptnewscentral.com - 2017-09-07
JG Summit Holdings, Inc. founder John Gokongwei Jr. was one the Legacy Awardees, or those who have set standard of excellence in doing business in ASEAN and become integral to the development of entrepreneurship in the region. Tycoons Jaime Augusto Zobel ...

SSS obtains 94 percent trust rating, tops 8888 resolution rate
Philippine Information Agency - 2017-09-07
Filipinos gave a 94 percent trust rating to the SSS based on the 2017 and fifth Philippine Trust Index (PTI), a survey conducted by the communications agency EON Group. Social Security Commission (SSC) Chairman Amado D. Valdez welcomed the results of the ...

Paolo Duterte, Mans Carpio have millions in accounts - Trillanes
Rappler - 2017-09-07
Trillanes first asked Paolo about whether he owned an account in the Philippine National Bank in Sta. Ana, Davao, with number 30694900020. The President's son responded, "I refuse to answer anymore," adding that the question was "not relevant" to ...

Del Monte Pacific swings to profitability
Inquirer - 2017-09-07
Campos-led food and beverage conglomerate Del Monte Pacific Ltd. (DMPL) turned profitable in the quarter ending July compared to a net loss in the same period last year as robust Asian businesses made up for the slack in its US operations. In a disclosure ...

Single electronic tag for all tollroads readied
Inquirer - 2017-09-07
and Ayala Corp. (Muntinlupa Cavite Expressway). The agreement was initially among those planned within the first 100 days of the Duterte administration, but it took a backseat to other issues. Negotiations "intensified" anew this year, an individual ...

Pines Peak Tower I
www.dotproperty.com.ph - 2017-09-07
Local amenities include hospitals such as Unciano General Hospital, Unciano General Hospital and Boni Medical Specialist Clinic, schools such as Philippine College of Emergency Medicine and Acute Care, K.I.D.S.(Kids Integral Development Through Skillful ...

Philippines dominates ASEAN Business Awards
cnnphilippines.com - 2017-09-07
Davao businessman Dennis Uy was named the ASEAN Young Entrepreneur of the year. Uy, the owner of Phoenix Petroleum, has had a stellar year, acquiring stakes in shipping giant 2GO and hospitality and culinary school Enderun Colleges. Property developer ...

Bloody Makati day: 5 dead in 2 barangays
Philippine Daily Inquirer - 2017-09-07
Jerry Umayao. Millamina, 24, later died at Sta. Ana Hospital, while Leonardo, a 19-year-old student of Centro Escolar University, was still confined in another hospital as of Wednesday. Two parked cars, a Toyota Avanza and a Hyundai Accent, on Masangkay ...

Herbert orders QC City Hall LGBT workers to band together
thestandard.com.ph - 2017-09-06
bisexual and transgender sector to organize themselves into a "solid group." He issued a memorandum to all department and office heads to submit a list of employees--whether permanent, contractual or job order--who identify themselves as members of ...

With co-accused cleared, Deguito to face court alone for RCBC-Bangladesh heist
Inquirer - 2017-09-06
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.

PAL sets equity restructuring
Inquirer - 2017-09-06
Philippine Airlines Inc. (PAL) is moving forward with an equity restructuring scheme that would allow the flag carrier to wipe out an old deficit and clear the way for the entry of an investor group. PAL Holdings said in a filing at the Philippine Stock ...

Rody to Paolo, Mans: Just tell the truth
Philstar - 2017-09-06
Paolo and Mans were tagged as part of the so-called Davao group but were later "cleared" by broker ... English in his speech during the 60th anniversary celebration of the Social Security System. Duterte had earlier told the two to keep mum ...

Banks comply with tighter rules on governance
- 2017-09-06
Banks are increasing the number of board seats in compliance with the tighter corporate governance rules issued by the Bangko Sentral ng Pilipinas.

Victorias Milling Company Inc (VMC)
investing.com - 2017-09-06
Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and ...