Chelsea raises P5.8b, drops 1.1% on debut
thestandard.com.ph - 2017-08-08
CLC is working toward becoming the prime mover of vital goods, cargoes and passengers in the Philippines and eventually a regional player by expanding organically and creating synergies with 2Go Group Inc. and affiliates within the Udenna Group.

Vista Land returns to the debt market
BusinessMirror. - 2017-08-08
VISTA Land and Lifescapes Inc., the property development arm of the Villar family, returned to the local debt market on Tuesday as it listed its P5-billion seven-year and 10-year fixed-rate bonds at the Philippine Dealing and Exchange Corp. (PDEx) platform.

Petron net income surges to over P8 billion in 1st half of 2017
Rappler - 2017-08-08
MANILA, Philippines - Petron Corporation saw its net income in the 1st half of 2017 surge by 56% to P8.2 billion, mainly due to higher sales volume. This is compared to the P5.3 billion registered in the same period in 2016. The country's leading oil ...

Publication of vacant posts a must-Comm. Pompee La ViƱa
BusinessMirror. - 2017-08-08
The Governance, Organization and Appointments Committee (GOAC) is one of the working committees of the Social Security System (SSS ... Committee for Managerial Positions headed by the group head where the vacancy is. This screening committee then endorses ...

PSBank posts P1.18-B net income as of 1H 2017
InterAksyon - 2017-08-08
MANILA - Philippine Savings Bank (PSBank), the thrift bank arm of the Metrobank Group, saw its net income increase by 2% to P1.18 billion in the first half of the year from P1.16 billion posted a year ago, mainly driven by an 18% annual growth to P6.06 ...

Oil prices up again for 5th week
Philstar - 2017-08-08
01 a.m. UniOil Petroleum Philippines Inc. will hike fuel prices at 6:01 a.m. On Friday, fuel prices surged after a strong job report supported hopes for growing energy demand, Reuters reported. At the end of the trading week, global benchmark Brent futures ...

Job seekers flock BOI Job Fair
Philippine Information Agency - 2017-08-08
Inc., RCD Land Inc., Robinsons Hotels and Resorts, Robinsons Land Corporation (Real Estate), Rombe Philippines, Inc., San Carlos Clean Energy Development Corp. (AC Energy Development Company)), San Miguel Pure Foods, Inc., SM Development Corporation ...

How to green your laundry? It all starts with the washing machine
interaksyon.com - 2017-08-08
In this case, washing machines by Beko have been certified by Meralco as energy-effcient. i The Department of Energy (DOE) has reported that the household sector is the second major user of electricity. Laundry accounts 29 percent of other household ...

Metrobank earnings climb in 2nd quarter
BusinessWorld Online - 2017-08-08
METROPOLITAN BANK & Trust Co. (Metrobank) saw its net income climb during the second quarter, driven by double-digit increases in both commercial and retail loans. In a disclosure, the Ty-led bank reported an unaudited consolidated net income at P3.934 ...

Small players hike oil prices
thestandard.com.ph - 2017-08-08
SEAOIL Philippines, Phoenix Petroleum, Unioil Petroleum Philippines Inc. and PTT Philippines on Monday announced they will increase gasoline prices by P1 per liter and diesel by P0.80 per liter. The other oil companies were expected to follow suit while ...

Small players hike oil prices
thestandard.com.ph - 2017-08-08
SEAOIL Philippines, Phoenix Petroleum, Unioil Petroleum Philippines Inc. and PTT Philippines on Monday announced they will increase gasoline prices by P1 per liter and diesel by P0.80 per liter. The other oil companies were expected to follow suit while ...

Job seekers flock BOI Job Fair
news.pia.gov.ph - 2017-08-08
Cityland, Inc., Converge Information and Communication Technology Solutions, Inc., DMCI Power Corporation, Efork, Inc., Federal Land, Inc., Filinvest Land, Inc., Global Food Solutions, Inc., Hausland Development Corporation/Fiesta Communities, Inc ...

DoubleDragon plans P7.5-B follow-on offering, raises profit target
m.bworldonline.com - 2017-08-08
DOUBLEDRAGON Properties Corp. plans to conduct a follow-on offering of up to P7.5 billion, in a bid to join the Philippine Stock Exchange index (PSEi) in the near future. In a disclosure to the stock exchange on Monday, the listed property developer said ...

Fuel prices up anew
Philippine Daily Inquirer - 2017-08-07
As of press time on Monday, the companies that announced price increases included Pilipinas Shell Petroleum Corp., Flying V, PTT Philippines Corp., Seaoil Philippines Inc. and Phoenix Petroleum Philippines Inc. Flying V, Shell, Seaoil, and PTT also raised ...

Cops who rejected P2.6-M bribe get commendations
Philippine Daily Inquirer - 2017-08-07
Roland Agohob, city police chief. Uveges, Nicaraguan Radu Minodor Sandor and Italian Marcu Bogdan were caught skimming an ATM outside a Bank of the Philippine Islands Family Savings in San Agustin village on July 24. "We immediately rejected the offer ...

DoubleDragon plans to sell over P7 billion worth of shares
Rappler - 2017-08-07
MANILA, Philippines - DoubleDragon Properties Corporation, owned by Mang Inasal founder Edgar "Injap" Sia II and Jollibee chief Tony Tan Caktiong, announced on Monday, August 7, that it plans to raise P7.5 billion through a follow-on offering ...

Twin Celebration
BusinessMirror. - 2017-08-07
Publicly listed Citystate Savings Bank held a Thanksgiving Mass on August 4 at its head office in the Citystate Centre Building, Shaw Boulevard, Pasig City, to signal the celebration of its 20th anniversary. Fr. Roby James of San Carlos Seminary celebrated ...

Consolidated Metrobank income up 5%
BusinessMirror. - 2017-08-07
Metropolitan Bank and Trust Company (Metrobank) raised its consolidated income by 5 percent to P9.5 billion in the first half of the year as net interest income from target markets expanded by 16 percent to P29.6 billion, or 73 percent of total operating ...

DoubleDragon set to sell P7.5-b shares
thestandard.com.ph - 2017-08-07
DoubleDragon Properties Corp. plans to raise up to P7.5 billion through a share sale. DoubleDragon said in disclosure to the stock exchange it also revised upwards its 2020 vision by targeting 1.2 million of leasable space from an initial goal of 1 million ...

Metrobank profit up 5% to P9.5 B
Philstar - 2017-08-07
MANILA, Philippines - Metropolitan Bank & Trust Co. booked a ... demonstrate our ability to deliver quality earnings from our core banking business," Metrobank senior vice president Jette Gamboa said. With the gross domestic product (GDP) continuing ...

English proficiency make BPO industry in Baguio vibrant
baguiomidlandcourier.com.ph - 2017-08-07
SITEL today is the biggest employer in the city with more than 3,000 employees, mostly call center agents. SITEL is also expanding ... six best-in-class facilities in Metro Manila, Metro Cebu, and Baguio. While there are a lot more opportunities in Manila ...

RoS, Phoenix seal Chan-Borboran trade
Philstar - 2017-08-07
327 three-point clip. He also normed 2.9 rebounds and 2.0 assists. The former FEU stalwart enjoyed his best season with RoS in 2012 where he won the Most Improved Player award, a Mythical Second Team citation and the Finals MVP plum in their Governors Cup ...

Pescos, Sorongon make waves in first international race
Philstar - 2017-08-07
Her teammates at Team 7-Eleven Philippines in Jho-An Villarma (1:31:53) and Nhea Ann Barcena (1:37:08) took the top two spots for a clean sweep by the Pinay bets. "Happy naman ako kahit second lang kasi first time kung maglaro nang international marathon.

Investing in stocks
Philstar - 2017-08-07
I was the lawyer in the group and the fact that the entire conversation did ... offer this type of platform in investing in the stock market. They are UTrade and COL Financial which now have investor centers or branch offices in Cebu.

ASEAN Pop Festival: Celebrating Unity and Togetherness
Philippine Information Agency - 2017-08-07
The grand celebration, with the theme "Under One Light, we are One ASEAN" will kick off at 3pm with an ASEAN Grand Parade featuring the FEU flag dancers, the PSG marching band, and Higantes wearing ASEAN national costumes. The parade will start at ...

SM Prime earns 15% more
Philstar - 2017-08-07
MANILA, Philippines - SM Prime Holdings Inc. recorded a 15 percent growth in net income to P7.7 billion during the second quarter, bringing total earnings to P14.39 billion as of the end of June. Consolidated revenues grew 10 percent to P43.25 billion.

Ayala Land Inc. profit up 18%
Philstar - 2017-08-07
MANILA, Philippines - Ayala Land Inc. (ALI) posted a net income of P11.5 billion in the first half, 18 percent higher than the previous year as it continued to develop 22 estates across the country. Revenues went up 18 percent to P64.5 billion, with more ...

GCash to launch QR code feature
Philstar - 2017-08-07
Globe Telecom Inc. said the new feature called GoPay would enable customers to use their GCash account for paying for goods and services by scanning the QR codes provided by merchants and establishments on their smartphones. GoPay will be rolled out ...

Chelsea Logistics stock closes in the red on PSE debut
Rappler - 2017-08-07
Udenna, the holding firm of Uy, started its shipping business in 2006 through Chelsea Shipping to support the operations of Phoenix Petroleum Philippines Incorporated, Uy's first firm to be listed on the local bourse. The business has since grown into the ...

Mall operations continue to drive SM Prime's net income
Rappler - 2017-08-07
MANILA, Philippines - Mall operations remained the top contributor to SM Prime Holdings Incorporated's net income, which increased by 15% to P7.79 billion during the 2nd quarter of the year. This is compared to the P6.75 billion registered in the same ...

Consolidated Metrobank income up 5%
BusinessMirror. - 2017-08-07
Metropolitan Bank and Trust Company (Metrobank) raised its consolidated income by 5 percent to P9.5 billion in the first half of the year as net interest income from target markets expanded by 16 percent to P29.6 billion, or 73 percent of total operating ...

Aboitiz urges government to consider rehab of aging Agus hydroelectric plants
BusinessMirror. - 2017-08-07
DAVAO CITY--The Aboitiz Power Corp. is asking the government to consider the rehabilitation of the six aging hydroelectric plants along the Agus River in the Lanao provinces, citing excess power as the reason to give the plants their needed respite.

Gokongwei food, property businesses post profit drops
BusinessMirror. - 2017-08-07
while Robinsons Land Corp. (RLC) profits plunged 9 percent. The former cited lower foreign gains as reason for the income drop, while the latter blamed such on the poor performance of its residential division. In its disclosure to the Philippine Stock ...

DoubleDragon plans to sell over P7 billion worth of shares
Rappler - 2017-08-07
MANILA, Philippines - DoubleDragon Properties Corporation, owned by Mang Inasal founder Edgar "Injap" Sia II and Jollibee chief Tony Tan Caktiong, announced on Monday, August 7, that it plans to raise P7.5 billion through a follow-on offering ...

Mall operations continue to drive SM Prime's net income
Rappler - 2017-08-07
(READ: Doing business under Duterte? Philippines' richest family shows how) Revenue growth came from higher construction accomplishments of SM Development Corporation (SMDC) projects launched since 2014. These are Shore 2 Residences in Pasay City ...

Retail brand experts featured at NRCE 2017
Philstar - 2017-08-07
Ong of Suyen Corp ... real estate developers, web developers, non-traditional advertising, financial services, storage and distribution, HR solutions and billboard locations, among others. The Stores Asia Expo, which is the biggest in the Philippines ...

BSP widely expected to maintain policy rates
BusinessWorld Online - 2017-08-07
"The earliest possible time for the central bank to raise rates might be in the first quarter next year, assuming the first tax reform package is implemented by then since this policy measure will push inflation upward," said Security Bank Corp ...

NiHAO Mineral Resources International Inc (NI)
investing.com - 2017-08-07
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 ...

MRC Allied ventures into LNG
Philstar - 2017-08-07
MANILA, Philippines - MRC Allied Inc, the listed company that is now diversifying into energy, is looking at the possibility of expanding into the LNG sector, its top official said. "Next year, we would like to go into LNG," said MRC president and ...

Meralco bill to increase slightly in August
BusinessMirror. - 2017-08-06
In Photo: Meralco officials, led by Jose Antonio T. Valdez (seated, second from left), vice president and head of marketing; Joe Zaldarriaga (seated, fourth from left), assistant vice president and Public Information Office head; Lawrence Fernandez (seated ...

First Gen, PNOC may resume talks on LNG
BusinessMirror. - 2017-08-06
A top official of First Gen Corp. said over the weekend the Lopez-led firm is interested to discuss anew its LNG (liquefied natural gas) plans with the Philippine National Oil Company (PNOC). "We would be interested," First Gen President Francis Giles ...

Stock index likely to stay at 8,000
thestandard.com.ph - 2017-08-06
Heavy losers included Leisure and Resorts World Corp. which retreated12.1 percent to P4.26, Concepcion Industrial Corp. which fell 12 percent to P65.10 and JG Summit Holdings Inc. which declined 7.4 percent to P74.

First Gen to pursue LNG hub project
thestandard.com.ph - 2017-08-06
First Gen Corp. said it is now more motivated to develop a liquefied natural gas facility, following the decision of the government to veer away from a government-to-government mode of project development. "We are excited about it. We will continue to ...

MRC set to acquire renewable project
thestandard.com.ph - 2017-08-06
MRC Allied Inc. is in talks to acquire an operating renewable energy project worth P3 billion to P6 billion to jumpstart its venture into clean energy sector, a top executive said. MRC Allied president Gladys Nalda said in a recent interview the company ...

FC Meralco nips Kaya, gains PFL lead
Philstar - 2017-08-06
MANILA, Philippines - Tahj Minniecon scored in each half to power FC Meralco Manila to a 2-1 victory over Kaya FC Makati and into the summit of the Philippines Football League Saturday night at Rizal Memorial Stadium. Minniecon, who opened scoring at the ...

Tim Ho Wan opens at SM Seaside City Cebu
Philstar - 2017-08-06
Garcia, senior vice president Steven T. Tan and SM Prime Holdings vice president Marissa Fernan. "We are happy to be here in Cebu and add to the vibrant dining scene of the city," said Rikki Dee. "What we offer is a brand with the best value for ...

8 legs to kick off inaugural PGT Asia Tour
thestandard.com.ph - 2017-08-06
6-9 for the Central Azucarera de Tarlac Open and the ICTSI Riviera Championship on Sept. 13-16. The ICTSI Wack Wack Challenge will be held on Nov. 15-18 at WW East with Splendido Taal hosting the next stop on Nov. 29-Dec. 2. Still to be determined are the ...

Asia: Living life under a Nokor nuclear threat
Philstar - 2017-08-06
SHOOTING STRAIGHT By Bobit Avila (The Freeman) | Updated August 7, 2017 - 12:00am In our special presentation on our talkshow Straight from the Sky, we bring you a discussion on Globe Telecom's MyBusiness, which is Globe Telecom's way to reach out to micro ...

Eight legs to kick off inaugural PGT Asia Tour
Philstar - 2017-08-06
The PGTA will kick off with the Aboitiz Invitational on Aug. 15-18 at the Manila Southwoods followed by Luisita on Aug. 6-9 for the Central Azucarera de Tarlac Open and the ICTSI Riviera Championship on Sept. 13-16. The ICTSI Wack Wack Challenge will be ...

Eight legs to kick off inaugural PGT Asia Tour
m.philstar.com - 2017-08-06
The PGTA will kick off with the Aboitiz Invitational on Aug. 15-18 at the Manila Southwoods followed by Luisita on Aug. 6-9 for the Central Azucarera de Tarlac Open and the ICTSI Riviera Championship on Sept. 13-16. The ICTSI Wack Wack Challenge will be ...