Metro Pacific Tollways rolls out digital-payment program
BusinessMirror. - 2017-08-22
Through its partnership with PayMaya Philippines Inc., Easy Trip Services Corp. and AF Payments Inc., the tollways arm of Metro Pacific Investments Corp. launched on Tuesday its Digital Tollways Program to usher in the new era of e-payments in the country.

Philab Holdings postpones follow-on offering to 2018
BusinessMirror. - 2017-08-22
Philab, formerly known as Alterra Capital Partners Inc., assigned China Bank Capital Corp. as its new underwriter, replacing Philippine Commercial Capital Inc. "As underwriter, China Bank Capital has requested for sufficient time to conduct their due ...

Beep, other e-payment cards now accepted at all Metro Pacific tollways
interaksyon.com - 2017-08-22
InterAksyon photo by Boy Santos MANILA, PHILIPPINES -- Starting Tuesday, August 22, electronic cards are now accepted at all expressways under the management of Metro Pacific Investments Corp (MPIC). These tollways include the North Luzon Expressway (NLEX ...

Beep, other e-payment cards now accepted at all Metro Pacific tollways
InterAksyon - 2017-08-22
InterAksyon photo by Boy Santos MANILA, PHILIPPINES -- Starting Tuesday, August 22, electronic cards are now accepted at all expressways under the management of Metro Pacific Investments Corp (MPIC). These tollways include the North Luzon Expressway (NLEX ...

BSP moves to strengthen banks' governance
Rappler - 2017-08-22
In July, Metrobank discovered that one senior bank executive was involved in fraudulent transactions. Earlier this month, the central bank issued Circular Letter 2017-048 outlining revised implementing rules as well as tougher sanctions for all BSP ...

DoubleDragon to build 'biggest' hotel in Mindanao
Rappler - 2017-08-22
DAVAO CITY, Philippines - DoubleDragon Properties Corporation - listed real estate firm owned by Mang Inasal founder Edgar "Injap" Sia II and Jollibee chief Tony Tan Caktiong - will begin the construction of one of the biggest hotels in Mindanao by ...

Infra spending to sustain high growth, generate economic multipliers - Dominguez
interaksyon.com - 2017-08-22
Executive Secretary Salvador Medialdea, along with Jaime Augusto Zobel de Ayala, chairman and CEO of Ayala Corporation; George Barcelon, president of the Philippine Chamber of Commerce and Industry; Ronie Ganguly, director and Asian credit portfolio ...

Philippine Airlines Offering 15MB of Free In-Flight Wi-Fi
Asia Travel Tips - 2017-08-22
Philippine Airlines is now offering passengers 30 minutes, or 15 MB, of free in-flight WiFi as well as 50% off the myPALWiFi upgrade plans for those who wish to remain connected for the whole flight. "The free Wi-Fi offer was very well received when we ...

MVP urges government to lift ban on West Philippine Sea exploration
Philstar - 2017-08-22
Philex Mining owns 64.45 percent of Forum Energy through its interests in FEC Resources, Inc. and Philex Petroleum Corp. The remaining interest is held by other shareholders.

Gasoline prices up anew; diesel, kerosene down
Philstar - 2017-08-21
Eastern Petroleum Corp., Phoenix Petroleum Philippines Inc., PTT Philippines Corp. and UniOil Petroleum Philippines Inc. will implement similar price adjustments for gasoline and diesel. Crude prices dropped in midweek trading as data showed higher US ...

Lopez media firm reviews digital tack
BusinessMirror. - 2017-08-21
LISTED media firm ABS-CBN Corp. is reviewing its digital strategy for mobile as its wireless subsidiary continues to weigh down on its bottom-line due to low margins and a slower-than-expected customer acquisition. Aldrin M. Cerrado, who sits as the ...

State of financial education in the Philippines
Philstar - 2017-08-21
INVESTING ON THE GO By Vernon Joseph Go (The Freeman) | Updated August 22, 2017 - 12:00am The Philippines is one of the fastest-growing economies in the region today, giving the people the chance to have more financial power than before. However, all these ...

Alleged cement cartel a test case for competition law
BusinessMirror. - 2017-08-21
LaFarge Holcim Philippines Inc. and Republic Cement and Building Materials Inc. violated RA 10667 by engaging in anticompetitive agreements, including "restricting competition as to price or components thereof or other terms of trade, abusing their ...

UV starts strong in SBP Passerelle hoops
Philstar - 2017-08-21
Southwestern University-PHINMA edged out USPF, 60-55, with Job Reyes and Carl Jala scoring 10 apiece. The Cebu leg of the 32nd SBP Passerelle Twin Tournament backed by Milo will run until mid-September, with the champion playing in the Visayas Regional ...

Stars, experts challenge design norms
BusinessMirror - 2017-08-21
4 From left: Lala Fojas, Shangri-La Plaza executive vice president and general manager; Milen Treichler, marketing director for Shang Properties; Jie Pambid; Rajo Laurel; Apple David; Stephanie Zubiri-Crespi; Karylle Yuzon; Tintin and Julius Babao.

More gov’t offices gearing up for Clark transfer within 5 years | BusinessWorld
- 2017-08-21
AT LEAST FIVE more government offices are being considered for transfer to Clark, Pampanga over the next five years, in a bid to develop the area into a viable growth center outside Metro Manila. Aside from the Department of Transportation (DoTr) which has already transferred its head office to Clark, the Bases Conversion and Development …

FC Meralco extends distance from PFL pack
BusinessWorld Online - 2017-08-21
PHILIPPINES Football League (PFL)-leading FC Meralco Manila continued to create further distance from the rest of the pack at the top of the standings last Sunday after defeating Ilocos United FC, 1-0, in their fixture played at the Rizal Memorial Football ...

Thai firm buying 10% of Maynilad
thestandard.com.ph - 2017-08-21
Other shareholders in Maynilad are Japanese conglomerate Marubeni Corp. with a 20-percent stake, and DMCI Holdings with 16 percent. Maynilad is the private water concessionaire for the west zone of Metro Manila which covers the cities of Manila ...

Govt bares goal to revive oil and gas exploration
thestandard.com.ph - 2017-08-21
Aside from SC 72, the department granted PXP Energy Corp. (formerly Philex Petroleum Corp.) a force majeure on SC 75 offshore northwest Palawan near SC 72 (Recto Bank) and SC 58. Nido Petroleum Corp. of Australia and PNOC Exploration Corp. also sought to ...

Lopez media firm reviews digital tack
BusinessMirror. - 2017-08-21
LISTED media firm ABS-CBN Corp. is reviewing its digital strategy for mobile as its wireless subsidiary continues to weigh down on its bottom-line due to low margins and a slower-than-expected customer acquisition. Aldrin M. Cerrado, who sits as the ...

Market to consolidate as ghost month sets in
BusinessMirror. - 2017-08-21
The Property index listed a 5.3-percent gain in July, led by Megaworld Corp., the Mining and Oil and Industrial indices, followed with an uptick of 2.5 percent and 1.7 percent, respectively, while the Financial index rose by 1.6 percent, Holding Firms ...

Alleged cement cartel a test case for competition law
BusinessMirror. - 2017-08-21
LaFarge Holcim Philippines Inc. and Republic Cement and Building Materials Inc. violated RA 10667 by engaging in anticompetitive agreements, including "restricting competition as to price or components thereof or other terms of trade, abusing their ...

Mabuhay Holdings Corp (MHC)
investing.com - 2017-08-21
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 ...

Still no decision from DOE on MTPP privatization plan
BusinessMirror. - 2017-08-21
The four bidders are APT Global Inc., Phinma Energy Corp., Riverbend Consolidated Mining Corp. and the AC Energy Holdings Inc. The Malaya plant was rehabilitated in 1995 by the Korea Electric Power Corp. under a 15-year rehabilitate-operate-manage-maintain ...

Stars, experts challenge design norms
BusinessMirror. - 2017-08-21
4 From left: Lala Fojas, Shangri-La Plaza executive vice president and general manager; Milen Treichler, marketing director for Shang Properties; Jie Pambid; Rajo Laurel; Apple David; Stephanie Zubiri-Crespi; Karylle Yuzon; Tintin and Julius Babao.

Meet the new CEO of Ortigas & Co.
Inquirer - 2017-08-21
Tasked to head Ortigas & Co., which is undertaking about P210 billion worth of mixed-use real estate projects ... Ysmael, who was ING-FINEX (Financial Executives Institute of the Philippines) "CFO of the Year" awardee in 2011, sees his new job as ...

FIRST AGRICULTURAL RESOURCE MANAGEMENT INC
jobstreet.com.ph - 2017-08-21
First Agricultural ... class villages, memorial parks, hotels, industrial sites, golf courses, public parks and super highways. At present, we are servicing Rockwell Land Center, Raffles & Fairmont Hotel, ABS-CBN Corporation, The King School in Manila ...

Trans Asia Corporation Ltd Futures and Options Quotes
Economic Times - 2017-08-21
Barring bank and metal index, all other sectoral indices were in the red on NSE.less Buy Chennai Petroleum Corporation at a price target of Rs 470 and a stoploss at Rs 360 from entry point. Buy Chennai Petroleum Corporation at a price target of Rs 470 and ...

Chinese caught with bullets at NAIA
Philstar - 2017-08-20
Cheng Li Tan was about to board a Philippine Airlines flight bound for Macau when he was stopped by Office of Transportation Security personnel at the NAIA Terminal 2 on Friday. Tan was allowed to board his flight after security officers confiscated the

Truly world-class
Philstar - 2017-08-20
"Yes, its doable," Philex Mining president Eulalio Austin Jr. said in an interview with The STAR. Austin has been described as a "diamond in the rough." And rightly so. He is a top-notch mining engineer and a full-blooded Igorot, a Kankanaey from ...

Kaya vs Global ends in draw again
Philstar - 2017-08-20
"Every point matters for us. Even the bottom four teams are no pushovers," said Marcaida. Kaya remained at the second spot followed by Global Cebu. FC Meralco Manila is still the tournament -leader. (FREEMAN)

China now patrolling Philippines sea, air space
Philstar - 2017-08-20
Chinese fishing vessels, including the maritime militia, operate freely near Macclesfield Bank west of Luzon. o Chinese coast guards patrol the waters around artificial islands that China reclaimed from reefs in the Philippine EEZ. o Military ...

Triple A
BusinessMirror. - 2017-08-20
Philippine Airlines (PAL) conducts quarterly town-hall meetings to answer queries, listen to comments and study suggestions coming from the employees themselves. These meetings allow management to consolidate all information from its employees and apply ...

MPIC seen submitting requirements for ?70-billion expressway projects
BusinessMirror. - 2017-08-20
METRO Pacific Investments Corp. (MPIC) is preparing to submit a few more requirements for two of its proposed unsolicited expressway projects with an aggregate cost of P70 billion. Rodrigo E. Franco, who sits as president at Metro Pacific Tollways Corp ...

Initial 10 companies keen to build P12.55-B Clark airport
BusinessWorld Online - 2017-08-20
TEN LOCAL and foreign entities have expressed interest in the new P12.55-billion Clark International Airport Terminal. Bases Conversion and Development Authority President Vivencio B. Dizon told reporters last Friday local firms Megawide Construction Corp ...

Golden Haven income surges 24 percent in H1
BusinessMirror. - 2017-08-20
VILLAR-LED Golden Haven Memorial Park Inc. said its net income grew 24 percent during ... Golden Haven was listed in the Philippine Stock Exchange in June last year.

Fashion and compassion
BusinessMirror. - 2017-08-20
The honorees also include City of Dreams Manila property President Geoff Andres, TV personality Alejandro "Kim" Atienza, Cebu Landmasters Inc. Chairman and CEO Jose Soberano III, Megaworld Senior Vice President Kevin Tan, Phoenix Petroleum President ...

Learning program launched to upgrade project mgt skills of govt employees
BusinessMirror. - 2017-08-20
In view of this, public holding company Aboitiz Equity Ventures Inc. (AEV) launched its pioneering capacity-building program on project management, involving 24 government employees, in a two-day workshop held recently at the Meranti Hotel. Designed by the ...

Diplomacy and public relations
BusinessMirror. - 2017-08-20
Bong R. Osorio is a communications consultant of ABS-CBN Corp., SkyCable, Dentsu-Aegis Network and government projects, among others, after retiring as vice president and head of the corporate Communications Division of ABS-CBN.

PhilWeb gets accreditation from Pagcor
Philstar - 2017-08-20
MANILA, Philippines - PhilWeb Corp., the listed gaming company now owned by businessman Gregorio "Greggy" Araneta III, would soon be able to operate again after receiving the green light from the Philippine Amusement and Gaming Corp. (Pagcor) to become ...

Market likely to move sideways
thestandard.com.ph - 2017-08-20
Heavy losers included Robinsons Land Corp. which declined 6.5 percent to P22.85, Philippine National Bank which dipped 3.1 percent to P61 and ABS-CBN Corp. which went down 2.4 percent to P41.75.

Hits and misses in bird flu outbreak
Philippine Daily Inquirer - 2017-08-19
All his 18,000 layers, which he bought at P270 each after mortgaging his land, had been culled although these were ... investing P1 million of his savings on duck-raising in Barangay Sta. Lucia, also in San Luis. That amount went down the drain when ...

Two rehab centers to rise
Philstar - 2017-08-19
Globe Telecom has promised to build and donate a P35-million rehabilitation center for the Cebu Provincial Government, while the Office of the Presidential Assistant for the Visayas said Cebu City will soon have a rehab center in Barangay Tabunan.

Lapu-Lapu honors top taxpayers
Philstar - 2017-08-19
... Companies/ Filinvest Land, Inc.;Muramoto Audio-Visual Phils. Inc.; Fairchild Semiconductor (Phils.);Hongkong, Oikonomos Int'l Resources Corporation (Movenpick Hotel Mactan Island Cebu); Super Metro Gaisano -Lapu-Lapu, Taipan Development Inc. (Gaisano ...

Federal shift now in first gear: Lawmakers flesh out emerging Federal Republic of the Philippines
BusinessMirror. - 2017-08-19
The federal form of government, the lawmaker said, will provide a venue for equal distribution of resources and decentralization of ... a bold makeover to eliminate built-in bias for so-called Imperial Manila and spur countryside development.

Federal shift now in first gear: Lawmakers flesh out emerging Federal Republic of the Philippines
BusinessMirror. - 2017-08-19
Recently, the House Committee on Constitutional Amendments created a technical working group (TWG ... Zamboanga Peninsula, Northern Mindanao, Davao, Soccksargen, Caraga and Bangsamoro. The measure said each region shall be governed by a regional governor ...

70 years after Pakistan-India split, Sikhs search for home
BusinessMirror. - 2017-08-19
For a time in the 18th century they oversaw a dynasty ... He works for the government body that oversees properties vacated by people who fled to India in 1947. After phone calls made, names recorded, passports handed over and more phone calls made ...

British Embassy fetes new batch of PHL Chevening scholars
BusinessMirror. - 2017-08-19
Funded by the Foreign and Commonwealth Office and local partner-organizations Bank of the Philippine Islands, Unilever Philippines, Megaworld Foundation, GlaxoSmithKline Philippines and HSBC, the Chevening scholarships enable outstanding emerging leaders ...

British Embassy fetes new batch of PHL Chevening scholars
BusinessMirror. - 2017-08-19
Funded by the Foreign and Commonwealth Office and local partner-organizations Bank of the Philippine Islands, Unilever Philippines, Megaworld Foundation, GlaxoSmithKline Philippines and HSBC, the Chevening scholarships enable outstanding emerging leaders ...

7-Eleven shines at franchise expo 2017
The Daily Tribune - 2017-08-19
7-Eleven bagged the Best Booth Display Award at the recently-concluded Franchise Asia Philippines Exposition 2017 held at the SMX Convention Center in Pasay City. According to Jose Magsaysay, Jr. (Franchise Asia Philippines 2017 Expo Chair), 7-Eleven ...