Govt plan to certify foreign steel manufacturers could expose PH consumers to safety risks - local firms
interaksyon.com - 2017-09-05
Granting certification to foreign steel manufacturing plants will likewise jeopardize the business viability of local manufacturers, said the group. PISI said foreign companies enjoy various forms of state subsidies in their countries. Giving them an ...

House allocation of P1K budget could squeeze ERC dead
interaksyon.com - 2017-09-05
During the pre-plenary briefings, Zarate scolded ERC officials for failing to submit documents on the Meralco-affiliated power sale agreements (PSAs) and on the Malampaya shutdown in 2013. Recently, the ERC also approved the Power Sector Assets and ...

DoubleDragon: The double blue chip company
Philstar - 2017-09-05
Romualdez (The Philippine Star) | Updated September 5, 2017 - 12:00am This year is most likely going to be the "Year of the DoubleDragon," with the young company set to become one of the largest and strongest real estate firms in the country.

DMCI founder passes away at 95
cnnphilippines.com - 2017-09-05
A profile from the De La Salle Alumni Association (DLSAA), which named him a DLSAA Distinguished Lasallian Awardee in 1997, quotes Consunji, "I started my own business because of the challenge in the construction industry and a need for contractors with ...

DMCI Holdings founder David Consunji dies at 95
asia.nikkei.com - 2017-09-05
MANILA -- David Consunji, the founder of Philippine infrastructure conglomerate DMCI Holdings, died on Monday. He was 95. Consunji, a civil engineer, founded the group in 1954, starting with D.M. Consunji Inc., a construction company. It became a sought ...

PetroEnergy Resources Corp (PERC)
investing.com - 2017-09-05
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 ...

Green Archers fancied to repeat
Philstar - 2017-09-05
I think they are one of the contenders also. I think NU is now the dark horse," added Arespacochaga. "La Salle, Ateneo, FEU. These are the teams that has a strong program year in and year out," said UP coach Bo Perasol. Meanwhile, La Salle coach ...

Fuel prices up today
Philstar - 2017-09-05
Pilipinas Shell Petroleum Corp. and SeaOil Philippines Inc. implemented the prices increases starting 6 a.m. In a separate advisory, Flying V said it made the same price adjustments starting 12:01 a.m. while those of UniOil Petroleum Philippines Inc. took ...

JLL predicts more property investments in RP and other SEA Nations due to stronger economies
Inquirer - 2017-09-04
Currently, the Philippines, along with Indonesia and Vietnam make up 60% of the economy and are expected to grow 6% per annum between 2016-2020. By 2050, JLL says Indonesia will be the fourth largest economy in the world- with the Philippines and Vietnam ...

Quezon City murders hit 501
Philstar - 2017-09-04
Roa was gunned down near the Ever Gotesco mall along Commonweath Avenue in Barangay Batasan Hills at around 4:45 p.m., causing panic among commuters and passersby. Police recovered four bullet casings and a deformed bullet at the crime scene. Meanwhile ...

MPIC unit allots P700 M for Cavitex expansion
Philstar - 2017-09-04
MANILA, Philippines -- Metro Pacific Investments Corp. (MPIC) unit Cavitex Infrastructure Corp. (CIC) is looking to spend P700 million to expand the Manila-Cavite Toll Expressway (Cavitex). CIC president Luigi Bautista said in a briefing yesterday the ...

Microfinance company bolsters Cebu presence
Philstar - 2017-09-04
It can be recalled that Bank of the Philippine Islands (BPI) had acquired a 10 percent in RBI, making the Ayala-led lender the exclusive local equity partner of CARD MRI Banking Group. The acquisition was seen to enable the bank maximize its reach in the ...

Fuel prices up today
philstar.com - 2017-09-04
Eastern Petroleum and Jetti Petroleum said they will implement the price hike starting 6 a.m. Petron Corp., Total Philippines Corp. and UniOil Petroleum Philippines Inc. have yet to announce their respective price changes as of this writing. According to a ...

Chelsea buying Starlite Ferries
Philstar - 2017-09-04
is acquiring Starlite Ferries Inc. as part of its expansion. In a disclosure to the Philippine Stock Exchange (PSE) yesterday, CLC said it signed a memorandum of understanding with the owners of Starlite to acquire 100 percent of the shares of stock of the ...

All-Stars survive Dragons to stay perfect in E-Leagues
Philstar - 2017-09-04
Still in the Elite group, Jhoneil Geraldizo led a balanced attack with 15 points as the Sykes Pioneers beat the SSI Warriors to the pulp, 89-61, in a battle of winless teams. Sherwin Anghay, Paul Sanchez, Justine Laborte and Joerico Maneja connived for ...

Azkals shoot for third win in AFC Asian Cup qualifiers
BusinessWorld Online - 2017-09-04
Harry Foll (FC Hansa Rostock), Joshua Grommen (Ceres Negros FC), Kevin Ingreso (Ceres Negros FC), Tyler Matas (FC Meralco Manila), Hikaru Minegishi (Global Cebu FC), Jim Junior Muñoz (Ceres Negros FC) and Paul Mulders (Global Cebu FC). Also part of the ...

Anchor Land hires contractors for Bay City office tower
BusinessWorld Online - 2017-09-04
DDT Kontract, Inc. was tapped as general contractor ... Glorietta 5, BDO Ortigas Tower and Globe Telecom headquarters, among its portfolio.

URC inks deal to allow Passi City to build a road on its property
BusinessWorld Online - 2017-09-04
UNIVERSAL ROBINA Corp. (URC) is allowing the Passi City government in Iloilo province to use part of its property to build a road leading to a proposed economic zone. In a statement on Monday, the Gokongwei-led food and beverage firm said it signed the ...

Purging of irresponsible miners to begin at COMP
BusinessMirror. - 2017-09-04
Pimentel Jr., president and CEO, CTP Cons. and Mining Corp.; Adrian S. Ramos, president, Atlas Consolidated Mining and Development Corp; Horacio C. Ramos, president, Pacific Nickel Philippines Inc.; Gilberto C. Teodoro Jr., chairman, Sagittarius Mines Inc ...

Oil firms hike pump prices
BusinessMirror. - 2017-09-04
The price adjustment will take effect at 6a.m. on September 5 in all Seaoil, PTT Philippines, Phoenix Petroleum and Eastern Petroleum gasoline stations. "This is to reflect movements in the international petroleum market," they said. Other oil firms ...

URC, Passi City government sign deed on road construction
BusinessMirror. - 2017-09-04
Universal Robina Corp., (URC) the food group of the Gokongwei family, has agreed to let the Passi City government in Iloilo province to use a portion of a property that the company owns for a road that leads to a proposed economic zone. A deed signed by ...

Manila, Filinvest convert estuary to greenery park
BusinessMirror. - 2017-09-04
The linear park is the first-ever environmental conservation project of FLI in the City of Manila, according to Michael Gotianun, vice president of Filinvest Development Corp. "Like in all of our developments, we want to create a livable space for our ...

Chelsea acquires Starlite
thestandard.com.ph - 2017-09-04
CLC further grew the group with the acquisition of a 28.15-percent indirect economic interest in 2Go Group Inc. in March this year. Excluding the fleet of Starlite, CLC has 11 tankers, eight tugboats, seven roll-on/ roll-off vessels with passenger ...

War in Mindanao not likely to go away
BusinessMirror. - 2017-09-04
In other words, even if the government hoists the Philippine flag in Marawi soon and begins honest-to-goodness reconstruction work funded by the World Bank and the Asian Development ... rebels in the three major islands, until 2022.

URC allows Passi to use lot for road
thestandard.com.ph - 2017-09-04
Universal Robina Corp., the food manufacturing unit of the Gokongwei Group, said Monday it agreed to allow the city government of Passi in Iloilo province to use a portion of its property for a road project. "This is our way of giving back to a community ...

BusinessWorld poll: August inflation could be 3-month top
interaksyon.com - 2017-09-04
Asuncion, chief economist at Union Bank of the Philippines, said via e-mail. "In addition, the temporary impact of the bird flu scare on poultry production -- with the consequence of higher pork and beef prices as alternatives -- was also a significant ...

Market tops 8,000; Nickel Asia up
thestandard.com.ph - 2017-09-04
Gainers outnumbered losers, 115 to 83, while 50 issues were unchanged. Sixteen of the 20 most active stocks ended in the green, led by miner Nickel Asia Corp. which jumped 6 percent to P7.65 and retailer Wilcon Depot Inc. which climbed 4.3 percent to P9.25.

Big win for Del Rosario
BusinessMirror. - 2017-09-04
Del Rosario pocketed NT$1,200,000 (P2 million) for her feat that further enhanced a promising young pro career she launched earlier this year with a pair of runner-up finishes and a third-place effort on the ICTSI Ladies Philippine Golf Tour before scoring ...

How Maharashtra Govt Tried to Influence Bombay High Court on Noise Pollution- Part1
Moneylife - 2017-09-04
For those who have not followed this development, the case was transferred to another bench ... Thane-based Dr Mahesh Bedekar (represented by Adv SM Gorewadkar), supported by Sumaira Abdulali of Awaaz Foundation from Mumbai (Adv Birendra Saraf) and ...

Home solar panels: a beginner's guide to saving electricity
Rappler - 2017-09-04
It means our once idle roof becomes a quiet mini power plant for half the day while the sun is out. It lets us get off the Meralco grid for a few hours each day. Which of course, translates to savings when your monthly electric bill arrives. And on the ...

AFP chief sees end of Marawi conflict before he retires next month
Philippine Daily Inquirer - 2017-09-04
Armed Forces of the Philippines chief of staff Gen. Eduardo Año said on Monday he hopes to end the Marawi conflict before his retirement next month ... may be deposited in the Inquirer Foundation Corp. Banco De Oro (BDO) Current Account No: 007960018860.

DoubleDragon building industrial hubs
Inquirer - 2017-09-04
Property developer DoubleDragon Properties Corp. has acquired a 6.2-hectare lot in Luisita Industrial Park in Tarlac for the first of what it envisions to be a chain of industrial hubs that will add 100,000 square meters to its leasing portfolio by 2020.

Zobel brothers share insights on surviving, thriving
Inquirer - 2017-09-04
For seven generations, they have built job-creating enterprises that helped grow the Philippine economy. Their history is entwined with that of the country, through the long colonial period and two world wars alongside domestic economic and political cycles.

Chelsea Logistics offers to buy Starlite Ferries
Rappler - 2017-09-04
Uy's Udenna group ventured into shipping in 2006 through Chelsea Shipping Corporation to support the operations of Phoenix Petroleum Philippines Incorporated. It has since grown the business into the country's biggest logistics group with the largest ...

New chamber of mines head takes up defense for open pit mining
interaksyon.com - 2017-09-04
Brimo, who is also president and CEO of Nickel Asia, said almost all countries practice open pit ... Meanwhile, the Silangan Mindanao Mining of Philex Corp. is among the upcoming projects that will practice open pit mining. Philex stressed, however ...

Petron, Eastern raise LPG prices by P30/tank
thestandard.com.ph - 2017-09-04
Petron Corp. raised its price on Sept. 1 and Eastern Petroleum on Sept. 3. Petron said it implemented a VAT-inclusive, P2.74-per-kilo increase in the price of its LPG and Eastern Petroleum raised its LPG price to P2.73 per kilo. "We will increase auto ...

Composition of PSEi to remain, but changes in subindices seen
BusinessMirror. - 2017-09-03
ATN Holdings Inc. and Lodestar Investment Holdings Corp. will replace Filinvest Development Corp., the holding firm of the Gotianun family, and Prime Orion Philippines Inc. in the Holding Firms index. Meanwhile, Arthaland Corp., Crown Equities Inc. and MRC ...

Composition of PSEi to remain, but changes in subindices seen
BusinessMirror. - 2017-09-03
THE Philippine Stock Exchange index (PSEi), the main basket of listed firms at the PSE, will not see any changes in its composition based on the review covering the trading period from July 2016 to June 2017. However, there will be changes on the members ...

PR agencies can add value to advocacy initiatives
BusinessMirror. - 2017-09-03
Bong R. Osorio is a communications consultant of ABS-CBN Corporation, SkyCable, Dentsu Aegis Network and government projects, among others, after retiring as vice president and head of the Corporate Communications Division of ABS-CBN. We are devoting a ...

Miners hope to close book on Lopez era
BusinessWorld Online - 2017-09-03
Global Ferronickel Holdings, Inc. President Dante R. Bravo expressed hopes that the mining conference succeeds in reversing the misinformation allegedly spread by Ms. Lopez. "We hope the discussions would hinge on the position of the industry on the ...

Semifinals cast set in SBP Passerelle tournament
Philstar - 2017-09-03
CEBU, Philippines -- It was a day when the University of the Visayas and Sacred Heart School-Ateneo de Cebu swept their respective groups, while the University of San Carlos and Southwestern University-Phinma grabbed semifinal berths at the close of the ...

Remembering Princess Diana 20 years later
Philstar - 2017-09-03
Mind you, it wasn't easy to bring together three of the busiest businessmen that I know, who are all Million Milers of Philippine Airlines (PAL) because of their numerous foreign travels. This is why I had to fly to Manila and get this interview with Dr ...

PSEi to test 8,000 mark this week
Philstar - 2017-09-03
Meantime ATN Holdings Inc. and Lodestar Investment Holdings Corp. will replace Filinvest Development Corp. and Prime Orion Philippines Inc. in the Holding Firms index. For the property counter, Arthaland Corp., Crown Equities Inc., and MRC Allied Corp ...

Poll: Aug. inflation could be 3-month top
BusinessWorld Online - 2017-09-03
Asuncion, chief economist at Union Bank of the Philippines, said via e-mail. "In addition, the temporary impact of the bird flu scare on poultry production -- with the consequence of higher pork and beef prices as alternatives -- was also a significant ...

Poll: Aug. inflation could be 3-month top
BusinessWorld Online - 2017-09-03
Asuncion, chief economist at Union Bank of the Philippines, said via e-mail. "In addition, the temporary impact of the bird flu scare on poultry production -- with the consequence of higher pork and beef prices as alternatives -- was also a significant ...

2 radio technicians file complaint vs dyRC
Philstar - 2017-09-03
This prompted dela Cerna to write a letter dated August 23, 2017 addressed to Juan Elizalde, vice president for operations of Manila Broadcasting Company, the franchise owner of DYRC. Antone and Guanga claimed that they have been receiving salaries way ...

DoubleDragon to focus on community malls, industrial leasing, hotels
BusinessWorld Online - 2017-09-03
DOUBLEDRAGON Properties Corp. is aiming to become number one in industrial leasing, community mall development, and the hospitality business -- areas which founder Edgar J. Sia II feels the other real estate firms have overlooked. "None of the big ...

Light Rail Manila proposes express trains on LRT-1
BusinessWorld Online - 2017-09-03
LIGHT RAIL Manila Corporation (LRMC) is studying the possibility of deploying express trains on the Light Rail Transit Line 1 (LRT-1) by December. "We are now looking at how we can do express trains. This can significantly improve ridership, as well as ...

Peso expected to climb on weak US jobs report
BusinessWorld Online - 2017-09-03
"After the long weekend and the new month coming in, I expect the peso be weaker with the US economy expected to be better," Union Bank of the Philippines (UnionBank) chief economist Ruben Carlo O. Asuncion said in an e-mail on Friday ...

Globe's GCash partners with Hong Kong-based EMQ for remittances
Rappler - 2017-09-03
MANILA, Philippines - Ayala-led Globe Telecom added another partner to its digital payments subsidiary G-Xchange Incorporated (GXI), which runs GCash, in order to capture more of the overseas Filipino remittance market. In a statement on Monday ...