Vista Land posts higher H1 profits
BusinessMirror. - 2017-08-14
Revenues from real estate were P14.4 billion ... for the listing of its P5-billion seven-year and 10-year fixed rate bonds in the Philippine Dealing & Exchange Corp. (PDEx) platform. The newly listed VLL Bonds due 2024 and 2027, which carry an interest ...

PAL reduced losses to P1.05b in first half
thestandard.com.ph - 2017-08-14
PAL Holdings Inc. said total comprehensive loss declined to P1.05 billion in January to June from the P4.62-billion loss it reports in the same period last year. PAL said in the second quarter alone, it posted a comprehensive loss of P150.6 million ...

Shootout Looms
BusinessMirror. - 2017-08-14
The organizing Pilipinas Golf Tournaments Inc. (PGTI) and sponsoring International Container Terminal Services Inc. (ICTSI) have actually lined up a three-year program for the PGTA with a total of $1.7 million to be staked in 2018 and $2 million in 2019 ...

Market climbs; Bloomberry up
thestandard.com.ph - 2017-08-14
Gainers outnumbered losers, 106 to 96, while 47 issues were unchanged. Fourteen of the 20 most active stocks ended in the green, led by gaming company Bloomberry Resorts Corp. which surged 10.4 percent to P9.94. Retailer Wilcon Depot Inc. climbed 3.1 ...

Jollibee, Puregold post hefty profits
thestandard.com.ph - 2017-08-14
Jollibee Foods Corp., the biggest fastfood chain, Puregold Price Club Inc. and Filinvest Land Inc. registered respectable profits in the first six months of the year on increased revenues. Jollibee said net income in the second quarter of the year rose 18 ...

Pepsi Cola commits to use local sugar in Bacolod plant
philstar.com - 2017-08-14
BACOLOD CITY , Philippines - The Pepsi Cola Products Philippines Inc. has committed to use sugar from Negros instead of high-fructose corn syrup (HFCS) in its production facility here. This in compliance with the requirements of the Sugar Regulatory ...

Luzon to get chicken supplies from Visayas, Mindanao farms
Philippine Daily Inquirer - 2017-08-14
On Monday, Vitarich Corporation closed its poultry farm in Candaba, Pampanga as a precaution from the outbreak, which is 90 kilometers away from San Luis. The food unit of San Miguel Corporation also put on hold its chicken exports to Japan. Market prices ...

Luzon to get chicken supplies from Visayas, Mindanao farms
Philippine Daily Inquirer - 2017-08-14
On Monday, Vitarich Corporation closed its poultry farm in Candaba, Pampanga as a precaution from the outbreak, which is 90 kilometers away from San Luis. The food unit of San Miguel Corporation also put on hold its chicken exports to Japan. Market prices ...

Shooout looms in Aboitiz golf meet
thestandard.com.ph - 2017-08-14
Luisita will host the second stop on Sept. 6-9 for the Central Azucarera de Tarlac Open while the third leg will be held Sept. 13-16 for the ICTSI Riviera Championship at the Riviera in Silang, Cavite. Action swings to the fabled Wack Wack in Mandaluyong ...

Heavier Commonwealth traffic seen as MRT7 construction progresses
Rappler - 2017-08-14
Diversified conglomerate San Miguel Corporation (SMC) broke ground for the $1.6-billion MRT7 project in April 2016. The 23-kilometer railway system, which will run from North Avenue in Quezon City to San Jose del Monte City in Bulacan, is expected to be ...

Core business fuels Phoenix Petroleum's income
Rappler - 2017-08-14
MANILA, Philippines - Lifted by strong performance of its core business, Phoenix Petroleum Philippines saw its core income jump by 35% in the first half of 2017 to P610 million from P450 million in the same period last year. The oil firm's strong ...

Phoenix Petroleum enters Franchising Hall of Fame
Philstar - 2017-08-14
MANILA, Philippines - Phoenix Petroleum was recently named Outstanding Filipino Franchise in Retail-Large Store Category in the 2017 Franchise Excellence Awards (FEA), the second time the company received the prestigious award. FEA is the most ...

Waymo Wants To Build Self-Driving Cars That Soften On Hitting People
International Business Times - 2017-08-14
Self-driving technology is progressing at a rapid rate while not skirting the question of safety. Waymo, owned by Alphabet, the parent company of Google, is one of the companies at the forefront of the technology. It was granted a patent last week for cars ...

DM Consunji books new contracts worth P11.7B in first six months
BusinessWorld Online - 2017-08-14
In a statement issued over the weekend, the construction arm of DMCI Holdings, Inc. (DMCI) said its order book stands at P26.8 billion for January to June, 4% lower than the P27.9-billion construction orders during the same period a year ago. One of the ...

Hundreds benefit from DOLE medical mission
news.pia.gov.ph - 2017-08-14
The activity, which was conducted in Furagui, Solana town, was realized in partnership with nurses, doctors and dentists of the Cagayan Valley Medical Center, the Universal Robina Corporation-Cagayan Robina Sugar Milling Corporation (URC-CARSUMCO ...

2 Star Hotels and Resorts in Philippines
travelbook.ph - 2017-08-14
Very great experience in boracay, which you an have this cheapest hotelwhile your staying there. Yet it is low cost but it will satisfy your... Indeed a beautiful room for a cheap price. Enjoyed our stay and the room is clean. The staffs are all friendly ...

Kidapawan City LGU activates peace and order task group
news.pia.gov.ph - 2017-08-14
Leonardo Suan, deputy regional director for operations emphasized that members of the task group should be further trained as far as human rights is concerned. This was supported by Col. Roberto Ancan, commanding officer of the 1002nd Brigade who stated ...

Hundreds benefit from DOLE medical mission
news.pia.gov.ph - 2017-08-14
The activity, which was conducted in Furagui, Solana town, was realized in partnership with nurses, doctors and dentists of the Cagayan Valley Medical Center, the Universal Robina Corporation-Cagayan Robina Sugar Milling Corporation (URC-CARSUMCO ...

Financial literacy of young Pinoys to help strengthen PHL economy
BusinessMirror. - 2017-08-13
In Photo: COL Financial Group Inc. Chairman Edward K. Lee speaks before JFinex students at the De La Salle University last Saturday. Finance experts have stressed the importance of educating the youth to boost financial literacy in the country, given that ...

Megawide bids to develop Clark intl airport
BusinessMirror. - 2017-08-13
MEGAWIDE Construction Corp. was the first to purchase bid documents for the engineering, procurement and construction (EPC) contract for the development of the Clark International Airport, a ranking official said. Louie B. Ferrer, who sits as GMR-Megawide ...

Consunji bags P11.7B worth of projects
BusinessMirror. - 2017-08-13
Major ongoing projects include Sections 1 and 2 of the Metro Manila Skyway Stage 3 project of Citra Central Expressway Corp., Citygate mixed-use development of Ayala Land, The Royalton and Imperium luxury condominiums of Ortigas and Co., The Areté of ...

Consunji bags P11.7B worth of projects
BusinessMirror. - 2017-08-13
D.M. Consunji Inc., the construction arm of listed firm DMCI Holdings Inc., was awarded infrastructure, energy, buildings and utilities and plants projects worth P11.7 billion during the first half of the year, more than double the P4.5 billion worth of ...

Call Center City draws positive reax from BPOs
Philstar - 2017-08-13
DoubleDragon Properties Corp., the listed firm owned by Injap Sia and developer of City Mall, was reportedly to have been interested in the project and was previously mentioned by the mayor. According to Yu, Osmeña had already talk to this investor but it ...

Globe eyes higher $800 M capex
Philstar - 2017-08-13
MANILA, Philippines - Globe Telecom Inc. may raise capital expenditures up to $800 million this year as it invests to support growing demand for data services. Globe president and chief executive officer Ernest Cu said during the commercial launch of the ...

Q2 sustained fast GDP growth -- poll
BusinessWorld Online - 2017-08-13
Ruben Carlo O. Asuncion, chief economist at the Union Bank of the Philippines (UnionBank) gave an estimate of 6.5%, saying that government spending is "still the crucial driver that needs to deliver." He added that "[t]he implementation of the ...

Stellar cast vies in PGT Asia Tour inaugurals
Philstar - 2017-08-13
sponsored by Aboitiz Equity Ventures, Inc., on the PGT calendar in Cebu in 2011. Six other $100,000 championships have been lined up for the kickoff season of the PGT Asia Tour, put up by PGT chief sponsor International Container Terminal Services ...

Ayala revs up motorcycle business
Philstar - 2017-08-13
MANILA, Philippines - Ayala Corp., through its AC Industrial Technology Holdings Inc., is revving up its KTM motorcycle business amid the positive reception of the market. Ayala partnered with Austria-based KTM AG in 2016 for the manufacture of KTM ...

DENR stops Ipilan operations
Philstar - 2017-08-13
MANILA, Philippines - The Department of Environment and Natural Resources (DENR) has issuedan order stopping Ipilan Nickel Corp., an affiliate of listed Global Ferronickel Holdings Inc. (FNI), from further conducting operations despite the cancellation of ...

Megawide sets sights on prospects in Asia
Philstar - 2017-08-13
MANILA, Philippines - Megawide Construction Corp., which has prequalified as a contractor for a new airport in India, is also studying opportunities in other countries in Asia. In a statement, the firm said it received confirmation it prequalified as ...

Management guide to analyzing financial statements
Philstar - 2017-08-13
She has a mastery of finance, having spent most of her career handling controllership and risk management functions in Petron Corp. Attend this once-a-year event and avail of the early payment savings and group discounts for three or more participants.

Small businesses need headhunters, too
Philstar - 2017-08-13
He cited the example of Jollibee Foods Corp., the biggest Filipino-owned food conglomerate in Asia. "Many years ago, they were having problems. It took them years to adopt to the professional set up. Now, Jollibee is a leading company because in addition ...

BPI eyes increased use of digital banking platforms
BusinessWorld Online - 2017-08-13
BANK of the Philippine Islands (BPI) wants to get more clients to use digital banking platforms to improve efficiency and user experience, its president said, which comes at a time of an industry-wide push to bring more transactions online. BPI President ...

ASEAN champion Ceres continues to roll at PFL
BusinessWorld Online - 2017-08-13
Despite the loss, Kaya (8-3-5) still remains in the top three in the PFL standings, as of this writing, at third with 27 points, behind league-leading FC Meralco Manila (10-3-2) with 33 points and second-running Global Cebu FC (8-4-2) with 28 points.

Peso seen sideways ahead of Fed
BusinessWorld Online - 2017-08-13
For his part, BDO Unibank, Inc. Chief Market Strategist Jonathan L. Ravelas said the peso may weaken to as low as P51.50 per dollar this week. "Chart-wise, the test of the P51.00 levels put the P51.25-P51.50 levels within striking distance. Continue to ...

Metrobank Foundation names Outstanding Filipinos for 2017
news.pia.gov.ph - 2017-08-13
QUEZON CITY, August 14 (PIA) - The Metrobank Foundation, Inc. recently named the ten Outstanding Filipinos for 2017, consisting of four teachers, three soldiers and three police officers. Based on the theme "Beyond Excellence," a Metrobank Foundation ...

Exciting developments
Philstar - 2017-08-13
Security Bank Capital has been appointed by NOW as financial advisor for ongoing initiatives in bringing institutional investors into the TMT company. The board gave management the flexibility to utilize various financial instruments such as private ...

Alliance Global net income drops to P10.1 billion in 1st half of 2017
Rappler - 2017-08-13
Alliance Global's property arm Megaworld Corporation, meanwhile, recorded 11% year-on-year growth in net income to P6.7 billion throughout the 1st half on consolidated revenues of P24.3 billion. Liquor arm Emperador Incorporated posted a net income of P2.7 ...

Aboitiz invitational up
BusinessMirror. - 2017-08-13
Luisita will host the second stop from September 6 to 9 for the Central Azucarera de Tarlac Open, while the third leg will be held from September 13 to 16 for the ICTSI Riviera Championship at the Riviera in Silang, Cavite. Action swings to the fabled Wack ...

Stellar world roster vies in PGT Asia Tour
thestandard.com.ph - 2017-08-13
Luisita will host the second stop on Sept. 6-9 for the Central Azucarera de Tarlac Open while the third leg will be held Sept. 13-16 for the ICTSI Riviera Championship at the Riviera in Silang, Cavite. Action swings to the fabled Wack Wack in Mandaluyong ...

Fessap bets told: Compete for glory
thestandard.com.ph - 2017-08-13
San Miguel Corporation, led by FESSAP deputy Secretary General, Col. Ariel Querubin, who is also the Philippine delegation General Manager, was represented by Jeane Monteverde, FESSAP treasurer. Querubin was out of town on a business trip. Members of the ...

Megawide bidding for Clark airport
thestandard.com.ph - 2017-08-13
Megawide Construction Corp. said it is joining the bidding for the development of a P12.55-billion new passenger terminal in Clark International Airport in Pampanga province. Megawide said it was the first to purchase bid documents for the engineering ...

GT Capital sees flat 2017 income
thestandard.com.ph - 2017-08-13
GT Capital on Friday said net income in the first half of the year fell 21 percent to P7.2 billion from P9.1 billion a year ago due to the recognition of non-recurring gains from the sale of investments in 2016. Core net income, however, improved 19 ...

DMCI unit bags P11.7-b contracts
thestandard.com.ph - 2017-08-13
D.M. Consunji Inc. said it bagged P11.7 billion worth of construction projects in the first six months of the year, up 169 percent from P4.5 billion year-on-year. DMCI said the new construction projects boosted its order book to P26.8 billion for ...

Cirtek Holdings Philippines Corp (TECH)
investing.com - 2017-08-13
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 ...

Lepanto Consolidated Mining Co (LC)
investing.com - 2017-08-13
Lepanto Consolidated Mining Company (Lepanto) is engaged in gold bullion production. The Company produces gold from its Victoria Project, which is located in Mankayan, Benguet. The Company operates through three segments: Mining Activities, Service and Others.

PSBank clients advised: get more secure, chip-enabled cards before end-August
interaksyon.com - 2017-08-13
Screen shot of PSBank's site. MANILA - Philippine Savings Bank (PSBank) clients have until the end of August to get their more secure PSBank EMV chip-enabled cards. The thrift bank arm of the Metrobank Group has declared a deadline for deactivating all ...

Tagaytay Hotels with Swimming Pool
travelbook.ph - 2017-08-13
Hope we can spend more time to stay, a bit not enjoy the place because of our hectic schedule,... Even though the guard did not entertain us upon arrival (no one told us where's the lobby), I will certainly staying here again. The breakfast...

Chito makes his mark
philstar.com - 2017-08-13
The late Mayor (Nemesio) Yabut even dropped in to tell us if we needed anything, to just call. San Miguel Corp. was represented by Skip Guinto, Filsyn by Frank Harn, CDCP by Bobby Cuenca, Crispa by Valeriano and Ernesto Floro, Toyota by Ricardo and Ricky ...

Thai tops Qualifying; 19 Pinoys earn PGTA cards
thestandard.com.ph - 2017-08-12
Silicon Computer and Telecoms, Inc., will start with the $100,000 Aboitiz Invitational from Aug. 15-18. Central Azucarera de Tarlac Open will host the second PGTA leg at Luisita on Sept. 6-9 followed by the ICTSI Riviera Championship (Sept. 13-16), the ...

Over refusal to accept srp lot payment: Tomas sued anew
Philstar - 2017-08-12
In 2015, former mayor Michael Rama closed a lot deal of P16.7 billion with the consortium of Ayala Land, Cebu Holdings Inc. and SM Prime Holdings or ALI Consortium for a 26.3-hectare property while the 19.2-hectare property was awarded to Filinvest Land ...