PAL relaunches Clark-Antique flights
Inquirer - 2 months ago
Flag carrier Philippine Airlines announced that it relaunched commercial flights between Clark and Antique on Dec. 16. This marks the revival of the service that PAL operated from 1956 through ...

MPIC inks P20-B 10-year syndicated term loan
Inquirer - 2 months ago
For railways, it is part of a venture with Ayala Corp. to operate the Light Rail Transit Line 1 in Metro Manila. The company is also a member of the Naia Consortium, which had offered to upgrade ...

Stocks end slightly lower in slow trade
Inquirer - 2 months ago
The main-share Philippine Stock Exchange index (PSEi ... head of research at Eagle Equities Inc. This week is the last full week of trading for the year before the market goes on Christmas ...

Security Bank sets up P50-B bond program
Inquirer - 2 months ago
Lender Security Bank Corp. has joined the bandwagon of big local banks setting up local bond programs to diversify their funding base. In a disclosure to the Philippine Stock Exchange, Security ...

A night of fine wines - 2 months ago
Top partner companies who took part in the momentous occasion included PSBank, Robinsons Communities, Vista Land, Laguna Technopark and Regus Philippines. Property24 is the fastest growing property portal in the Philippines. An effective online platform ...

VMC earnings up 17% to P764 million - 2 months ago
MANILA, Philippines -- Listed sugar miller Victorias Milling Co. Inc. (VMC) saw its net income increase by 17 percent to P764 million for crop year 2018 despite lower sugar prices. VMC reported higher earnings despite the 24 percent decline in revenues to ...

LTFRB opens 20,000 TNVS vehicle slots - 2 months ago
MANILA, Philippines -- The Land Transportation Franchising and Regulatory Board (LTFRB) has opened an additional 20,000 slots for transport network vehicle service (TNVS) units. The LTFRB yesterday started to accept the application of franchises or ...

SMIC, BDO cited as leaders in sustainability, governance
BusinessMirror - 2 months ago
BDO Unibank Inc. was also given the prestigious Platinum award for the ninth year. The Asset Corporate Awards are the longest-running ESG awards in Asia given annually since 2000. Factors that are ...

Globe Metro Manila phones to assume eight-digit format end-Q1 2019
BusinessMirror - 2 months ago
GLOBE Telecom Inc. on Monday said it will adapt an eight-digit format for telephone numbers of Globe customers in Greater Metro Manila to comply with a directive of the National Telecommunications ...

Singapore to import PHL agriculture produce after Malaysia export slash
BusinessMirror - 2 months ago
PiƱol also disclosed that the Gokongwei-owned Universal Robina Corp. expressed interests to export eggs, chilled pork and chicken to Singapore. Dennis Palabrica of URC was present during the ...

ALI allots up to P10 billion for Seda Hotel expansion
BusinessWorld - 2 months ago
"These guests are mostly business travelers on assignments for months and who would opt for temporary dwellings that are bigger than a hotel room, with basic home conveniences," Seda Group Director of Sales and Marketing Melissa J. Carlos said during ...

Ayala Land to spend up to P10 billion for Seda Hotel branch expansion
BusinessMirror - 2 months ago
It initially focused on serving the needs of business travelers with boutique city hotels with less than 200 rooms; ventured into large-format city hotels with Seda Vertis North in Quezon City ...

Security Bank to raise P50 billion via bonds
BusinessWorld - 2 months ago
Banks can now raise fresh funds through corporate bonds with greater ease as new rules do away with having to secure approval from the Bangko Sentral ng Pilipinas as part of its reforms to deepen capital markets. UnionBank of the Philippines, Bank of the ...

Minglanilla Christmas League: Another title for UV - 2 months ago
Meanwhile, USPF won third place honors after they routed the Southwestern University - Phinma, 88-61.

Calbee surprises theater club members with #TheNAKSLevel acting workshop
BusinessMirror - 2 months ago
We wanted them to share and enjoy an extraordinary experience with Calbee," shared Kate Barrios, Calbee-Universal Robina Corporation assistant brand manager. Check out how the FEU students ...

A future-ready Philippines
BusinessWorld - 2 months ago
Let me start with financial inclusion. It is unacceptable that only 23% of Filipinos are part of the banking system. The rest are exposed to unauthorized lenders charging exorbitant rates and face the risks of the unofficial economy. We are doing our part ...

OPINION: Historical documents belong to the nation, not in private collections
CNN Philippines - 2 months ago
Manila (CNN Philippines Life) -- The context is clear ... facsimiles even being given to pertinent government agencies, to university libraries, or just uploaded online to be freely accessed ...

PV ModuleTech 2018: Asia-Pacific hot spots and the rise of mono-PERC with Trina Solar
PV Tech - 2 months ago
The cost of manufacturing mono-PERC silicon solar cells versus polycrystalline solar ... We are also very active in the Philippines, which is the second largest market in Southeast Asia and the largest solar farm in the Philippines - the Cadiz Solar ...

Enabling innovation through technology
Inquirer - 2 months ago
However, we decided to let go of that expense in favor of a better system," he adds. Globe Telecom also recently signed a three-year deal with SAP for solutions aimed at digitalizing its finance ...

ABS-CBN unveils new sound stages - 2 months ago
MANILA, Philippines -- ABS-CBN Corp. recently inaugurated its brand new sound stages in Bulacan, kickstarting an ambitious plan to build a Hollywood-level production facility. ABS-CBN president and chief executive officer Carlo Katigbak said the two sound ...

Ayala to develop 526-ha Habini Bay
Inquirer - 2 months ago
For the first phase of development, Ayala Land aims to create 2,580 new jobs while potential employment generation mainly by locators is seen to hit 40,000. Located in the municipalities of ...

SEC ruling favors Okada Manila backdoor listing plan
Inquirer - 2 months ago
A unit of the Securities and Exchange Commission has rejected a petition to stop the proposed backdoor-listing of Okada Manila through Asiabest Group International Inc. (ABG) as two factions ...

2 SC justices laugh off inclusion in ouster plot - 2 months ago
Bishop Julio Xavier Labayen, who died two years ago, was also named. The list also included Jollibee Foods Corp. as a supposed destabilizer, prompting memes online. The younger Duterte clarified that he only posted the list for fun. It was quickly deleted.

Power steps towards energy awareness - 2 months ago
The walk, which was jointly organised by the Energy Conservation Mission of the Institution of Engineers (India), Telangana State Centre and Telangana State Renewable Energy Development Corporation Limited (TSREDCO), was part of National Energy ...

Another oil price rollback this week
BusinessMirror - 2 months ago
PHOENIX Petroleum Corp. initiated last Saturday another round of oil price rollback. It is now selling gasoline by P0.15 per liter lower and diesel by P0.30 per liter effective 6 a.m. of December 15.

Assert it or lose it - 2 months ago
But the talks fell through after China asked if it could collect taxes from the venture. Taxation is a sovereign act. A joint exploration means CNOOC would have part control of the project, which is unconstitutional, Carpio explained. A service contract ...

Stock-Market Outlook
BusinessMirror - 2 months ago
Top gainers were 2Go Group Inc., PTFC Redevelopment Corp., Berjaya Philippines Inc., Arthaland Corp., Cyber Bay Corp. and Bloomberry Resorts Corp. Top losers were BHI Holdings Inc., Liberty Flour ...

Stock-Market Outlook
BusinessMirror - 2 months ago
Top gainers were 2Go Group Inc., PTFC Redevelopment Corp., Berjaya Philippines Inc., Arthaland Corp., Cyber Bay Corp. and Bloomberry Resorts Corp. Top losers were BHI Holdings Inc., Liberty Flour Mills Inc., Manila Mining Corp. A, Easycall Communications ...

SEC asks Tiger Resort to disclose case involving Japanese gambling magnate
BusinessMirror - 2 months ago
Carnell S. Valdez, a shareholder of listed firm Asiabest Group International Inc. (ABG), earlier asked the SEC to stop the tender offer and the implementation of a backdoor listing by Tiger Resort.

Philippine Airlines rolls out Clark-Antique route
BusinessMirror - 2 months ago
PHILIPPINE Airlines (PAL) Inc. flew out on Sunday from Clark International Airport (CIA) to San Jose de Buenavista, the provincial capital of Antique. Located in Western Visayas, Antique is the ...

Show us the money
BusinessMirror - 2 months ago
Unless you have been living in a cave, you know China has an unlimited supply of ... The Japanese-led Asian Development Bank is also interested in lending money to the Philippines.

CA issues TRO vs Basketball TV feeds
BusinessMirror - 2 months ago
alleging that its property rights over its channel were violated by the respondents ABS-CBN Corp. and Sky Cable Corp. In its petition, Solar said it stands to suffer grave injustice and ...

Bayad Connect offers payment solution to Paleco subscribers
BusinessMirror - 2 months ago
THE Philippine National Bank (PNB) has tied up with CIS Bayad Center Inc. (Bayad Center) to offer an economical payment solution to over 100,000 subscribers of Palawan Electric Cooperative (Paleco).

Ayala Land pouring P18B for Habini Bay project
BusinessWorld - 2 months ago
DAVAO CITY -- Ayala Land, Inc. (ALI) is spending about P18 billion for its 526-hectare Habini Bay estate located in the towns of Alubijid and Laguindingan in Misamis Oriental province. Enrique B. Manuel, Jr., ALI assistant vice-president and estate head ...

PXP, PNOC-EC eyeing oil exploration areas
BusinessWorld - 2 months ago
STATE-LED PHILIPPINE National Oil Co.-Exploration Corp. (PNOC-EC) and listed company PXP Energy Corp. are two of eight entities that have identified areas in the contested areas of the West Philippine Sea for possible oil and gas exploration, an Energy ...

SEC orders Tiger Resort to include Okada case in tender offer report
BusinessWorld - 2 months ago
THE SECURITIES and Exchange Commission (SEC) ordered Tiger Resort Asia Limited (TRAL) to file an amended tender offer report disclosing its pending case with Japanese gaming tycoon Kazuo Okada, in a bid to protect the minority shareholders of Asiabest ...

Cebu Pacific adds daily flight from Clark to New Bohol international airport
BusinessWorld - 2 months ago
In the first three quarters of the year, Cebu Pacific listed operator Cebu Air, Inc. slumped to a loss of P518 million from a net attributable income of P42 million in the same period last year due to rising jet fuel expenses and the weakening of the ...

Yields on government debt end flat after BSP decision
BusinessWorld - 2 months ago
YIELDS ON government securities were flat last week after the central bank kept policy settings steady amid easing inflation expectations. Bond yields, which move opposite to prices, inched up by an average of 4.05 basis points (bp) week-on-week, according ...

Pangan: Some noble awards
Sun Star - 2 months ago
Mr. Hans Sy, Chairman of the Executive Committee of SM Prime Holdings, Inc., was given the Mabini Presidential ... Airport Corporation jointly conducted the Central Luzon Media Fellowship last December 10, 2018 at Marriott Hotel, Clark Freeport Zone.

Lady Jaguars breeze through Cesafi beach volley semis - 2 months ago
In the girls division, USJ-R also bagged a semifinals ticket despite losing to Southwestern University (SWU)-Phinma, 13-21, 17-21. USPF advances as the top seed after dominating UC, 21-9 ...

Gone AWOL, TNT's Terrence Romeo placed on trade block - 2 months ago
In one game, Romeo and Jarencio had a shouting match right before the crowd. At TNT, the former FEU star guard figured in a near fight with RR Pogoy in practice. "Pogoy is a pesky defender even in practice, at napikon si Terrence," said a source.

Iran deal, Saudi murder: Turbulent year shakes up Middle East
Rappler - 2 months ago
RIYADH, Saudi Arabia - A murdered Saudi journalist. A scrapped Iran nuclear deal. The two events alone have undone years of diplomacy in the Middle East, testing old alliances and shaking up the regional balance of power, analysts say. In another ...

Italian honor for Marilou Alejandro - 2 months ago
Triccie Sison, Terry Tambunting, Marilou Alejandro, Nedy Tantoco and Becky Singson. Family members and relatives led by her husband, Jose Alejandro of NOW Corp. and Adviser on Energy at the Chamber of Commerce and Industry (PCCI), directors and officers of ...

Coca-Cola FEMSA Philippines: A leader in sustainability
Rappler - 2 months ago
[Editor's note: The following is a press release from First Gen Corporation and Coca-Cola FEMSA Philippines.] MANILA, Philippines - Coca-Cola FEMSA Philippines has been working hard to make clean energy a more prominent part of its manufacturing processes.

DoubleDragon forms international subsidiaries - 2 months ago
MANILA, Philippines -- DoubleDragon Properties Corp. is strengthening its international business. In a disclosure to the Philippine Stock Exchange, DoubleDragon said its board approved the creation of international wholly-owned selling arm subsidiaries in ...

Independent oil players lead price rollback - 2 months ago
Other oil companies have yet to announce their respective fuel price adjustments. However, Unioil Philippines said motorists should expect fuel prices to roll back next week again. It added: "Diesel should decrease by P0.30 per liter while gasoline ...

Aboitiz Power to build $28 million battery storage - 2 months ago
MANILA, Philippines -- SN Aboitiz Power Group (SNAP), the joint venture of SN Power of Norway and Aboitiz Power Corp., plans to construct a $28-million battery energy storage system (BESS) at its Magat hydro electric power plant (HEPP). The facility will ...

Petron blitzes F2 in SuperLiga Game 1 - 2 months ago
MANILA, Philippines -- Petron stamped its class on rival F2 Logistics in straight sets, 25-23, 25-11, 25-17 to close in on a perfect campaign and back-to-back Philippine Superliga All-Filipino Conference crowns last night at the Mall of Asia Arena.

Exciting future for SMC - 2 months ago
"Everything will be interconnected," he said. Ang is also looking forward to increased business for the Manila North Harbor project, especially after ICTSI acquired a 50 percent stake. Once ICTSI completes the transaction which is still subject to ...

Power to the people
BusinessMirror - 2 months ago
Right now, Francia said, the company is close to a 50-50 mix. Aboitiz Power Corp. also looks forward to a speedy permitting process. "We welcome any effort to facilitate ease of doing business ...