Big business winners, losers in Duterte's 1st year
Rappler - 2017-07-24
Ongpin, a former trade minister under strongman Marcos, is also facing various legal battles to keep his stake in listed mining firm Atok Big Wedge. (READ: Could Duterte's approach to China ultimately make Ongpin richer?) DoubleDragon Properties ...

Chelsea Logistics kicks off IPO on strong note
BusinessWorld Online - 2017-07-24
Uy hopes to move on from the substantial restatement of the financial statement of 2GO Group, Inc. BDO Capital and Investment Corp. Senior Vice-President Gabriel U. Lim said in an interview last Friday the issue is now oversubscribed and more orders are ...

Banking sector backs Metrobank to pull through P900 M fraud case
Rappler - 2017-07-24
The fraud case is the latest in a string of issues that have hit the local banking industry over the last few months, notably Rizal Commercial Banking Corporation's (RCBC) involvement in unwittingly laundering $81 million during the Bangladeshi Bank Heist ...

Halad kay Kang-Laon
The Visayan Daily Star - 2017-07-24
That was the time when various groups were opposing the proposal of the then Philippine National Oil Corporation-Energy Development Corporation to enter the park, but to no avail, as the Congress finally decided to make the 169 hectares as buffer zone ...

Philippine National Bank (PNB)
investing.com - 2017-07-24
Featured here, the Balance Sheet for Philippine National Bank, which summarizes the company's financial position including assets, liabilities and shareholder equity for each of the latest 4 period ending dates (either quarterly or annually).

Manila Mining Corp (MA)
investing.com - 2017-07-24
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 ...

Electric foundation empowers teachers catering to Marawi crisis-affected learners
news.pia.gov.ph - 2017-07-24
OMF, the corporate foundation and social responsibility arm of Manila Electric Company (MERALCO) launched the Energy Education Program in 2014. Its goal is to promote a deeper appreciation and responsible use of energy especially among the youth by ...

Stock-Market Outlook
BusinessMirror. - 2017-07-23
Zeus Holdings Inc., Global-Estate Resorts Inc., Philippine H2O Ventures Corp. and ISM Communications Corp. SHARE prices may move according to the pronouncements of President Duterte during his State of the Nation Address on Monday. "The President is ...

Stock-Market Outlook
BusinessMirror. - 2017-07-23
For the week, losers slightly edged gainers 122 to 109 and 24 shares were unchanged. Top gainers were Philippine Estates Corp., Lorenzo Shipping Corp., DFNN Inc., Century Peak Metals Holdings Corp., Ever-Gotesco Resources and Holdings Inc. and Panasonic ...

Stock-Market Outlook
BusinessMirror. - 2017-07-23
Zeus Holdings Inc., Global-Estate Resorts Inc., Philippine H2O Ventures Corp. and ISM Communications Corp. SHARE prices may move according to the pronouncements of President Duterte during his State of the Nation Address on Monday. "The President is ...

DoubleDragon to bring Jinjiang Inn to Boracay
m.bworldonline.com - 2017-07-23
Eleven provincial CityMalls are also expected to launch the first batch of cinemas operated by media giant ABS-CBN Corp. by the end of the month. In January, CityMall and ABS-CBN signed an agreement to partner in the roll out of cinemas in various ...

MacroAsia plans to exit mining
thestandard.com.ph - 2017-07-23
MacroAsia Corp., a company led by tycoon Lucio Tan, plans to spin off its mining and water businesses this year, as it focuses on the aviation sector. MacroAsia president and chief operating officer Joseph Chua said the company was currently in talks with ...

Aboitiz to upgrade Naga Power Plant Complex
Philstar - 2017-07-23
MANILA, Philippines - AboitizPower Corp. is planning to upgrade 153.1-megawatt (MW) Naga Power Plant Complex (NPPC) in Cebu once the facility is formally turned over to them, its top official said. AboitizPower CEO Erramon Aboitiz said they are awaiting ...

MacroAsia to sell mining assets, spin off water business
Philstar - 2017-07-23
MANILA, Philippines - MacroAsia Corp., the aviation-related services company of tycoon Lucio Tan, is considering selling its mining assets and at the same time spin off its water business in order to focus its operations solely on aviation. "Because ...

Affordable H.R. Ocampo sketches & Kiukok prints at LeonExchange
m.philstar.com - 2017-07-23
Some of the highlights of LeonExhcange include the exquisite furniture pieces from the Badillo ancestral house in Singalong, Manila, where the first investment property of Ayala Land in the 1920s was located. Inherited by Nemesia and Teodora from their ...

A farewell party
Philstar - 2017-07-23
Happy birthday to our celebrators today, Vista Land president and CEO Paolo Villar and Barbie Atienza. Advance birthday greetings to Quitos Bengzon, July 24; Mayenne Carmona and Tats Manahan, July 25; Annabelle Adriano and Anna Maria Tirol, July 26 ...

Ex-officio MB members may not have additional allowances
BusinessMirror. - 2017-07-23
former BSP Assistant Governor and General Counsel Juan de Zuñiga Jr., former Metrobank President Antonio Abacan Jr. and Finance Secretary Carlos G. Dominguez III.

If Duterte loses to terror and drugs, so does Asia
BusinessMirror. - 2017-07-23
Just imagine: The most strategically situated nation in East Asia--straddling major sea and air routes, with hundreds of thousands of citizens in homes, offices ... May 25 over the Marawi assault. The half-century-old CPP-NPA never ceased offensives ...

Starmalls still assessing options as a listed firm
BusinessMirror. - 2017-07-23
STARMALLS Inc., the commercial unit of Villar-led Vista Land and Lifescapes Inc., is still undecided on its next moves on whether to remain a listed company, after a new rule on the increase of minimum public float puts more pressure on the company.

Thais set sight on Riviera Ladies Championship
BusinessMirror. - 2017-07-23
Saruttaya Ngam-usawan hopes to redisplay the form that netted her a breakthrough victory on the Ladies Philippine Golf Tour (LPGT) as she heads six other Thai shotmakers in the International Container Terminal Services Inc. (ICTSI) Riviera Ladies ...

Meralco unit borrowing P100b from 8 banks
thestandard.com.ph - 2017-07-23
Atimonan One Energy Inc., a unit of Manila Electric Co., tapped Bank of Philippine Islands, Philippine National Bank and six other banks to raise P100 billion for the completion of a 1,200-megawatt ultra supercritical coal plant in Atimonan, Quezon.

Chelsea to construct shipyard worth P5b
thestandard.com.ph - 2017-07-23
CLC is also in the process of conducting due diligence on two shipping companies. It is also looking to spend P2.2 billion to increase its stake in 2Go Group Inc. by buying the remaining 20-percent shares in KGLI-NM Holdings Corp. held by the former ...

DD to buy 40 lots for CityMall expansion
thestandard.com.ph - 2017-07-23
Sia said the company would soon start by opening next month the first few cinemas within CityMalls in partnership with media company ABS-CBN Corp. "Eleven cinemas are now done. But ABS-CBN is just phasing the opening schedule. But we also hope to have ...

Metrobank loses over P14B in market value amid fraud issue
Rappler - 2017-07-23
MANILA, Philippines - Metropolitan Bank & Trust Company (Metrobank), lender owned by business tycoon George Ty, lost P14.63 billion in market value in a day, as the Bangko Sentral ng Pilipinas (BSP) launched its investigation into the alleged P900 ...

Electric foundation empowers teachers catering to Marawi crisis-affected learners
Philippine Information Agency - 2017-07-23
OMF, the corporate foundation and social responsibility arm of Manila Electric Company (MERALCO) launched the Energy Education Program in 2014. Its goal is to promote a deeper appreciation and responsible use of energy especially among the youth by ...

Petron Blaze 100 Euro 6 is Most Advanced Fuel in Philippines
carguide.ph - 2017-07-23
Petron Blaze 100 Euro 6 is now acknowledged as the best gasoline in the country, based on tests conducted by SGS, a global leader in inspection, verification, testing, and certification; ISP - The Testing Institute ... leader in fuel technology and ...

After political skirmishes, Senate buckles down to work
Philippine Daily Inquirer - 2017-07-23
The Senate and the House of Representatives have approved seven measures, including the Act Postponing the October 2016 Barangay and Sangguniang Kabataan Elections, the General Appropriations Act of 2017 and the franchises of GMA Network Inc. and Smart ...

Basic Energy starts study on Japan solar project
Philstar - 2017-07-23
MANILA, Philippines - Basic Energy Corp. will soon start due diligence on solar farms in Japan after remitting ¥50 million, or roughly P22.74 million, to Solmax Power Ltd. of Hong Kong. Basic Energy told the Philippine Stock Exchange it signed the ...

Marines capture NPA camp in Palawan
Philstar - 2017-07-23
Col. Eliezer Losañes ... On July 11, a ranking member of the group identified as Rafael Bautista, alias Ka Cheche, also yielded to authorities. The government will provide financial help and livelihood to the rebels under the comprehensive local ...

QEV Philippines seeks government assistance in e-jeepney plan
Philstar - 2017-07-23
Apart from jeepney conversion, QEV Philippines will provide charging stations in partnership with Manila Electric Co. (Meralco), Shell, Ayala Group and the SM Group. These will be powered by Aboitiz Power Corp. from its clean and renewable energy brand ...

Atimonan community lauds ERC for action on power supply deal
m.philstar.com - 2017-07-22
MANILA, Philippines - Non-government organizations (NGOs) from Atimonan, Quezon recently lauded the swift action of the Energy Regulatory Commission (ERC) on the power supply agreement (PSA) between Atimonan One Energy Inc. and Meralco within the span of ...

Sky Cable rolls put new broadband plan
Philstar - 2017-07-22
The HomeBiz 1899 plan comes with a free cable subscription. A subsidiary of ABS-CBN Corp., Sky is engaged in providing cable and broadband services. ABS-CBN is primarily involved in television, radio broadcasting, as well as production of programs.

Philippines' Universities and Colleges Guide
finduniversity.ph - 2017-07-22
FindUniversity.ph is the most comprehensive directory of colleges and universities in the Philippines, enabling your access to over 20,000 academic programs throughout the Philippines. You can browse over 900 colleges and universities in the Philippines by ...

Giant Lapu-Lapu spawners freed into Sarangani Bay
thestandard.com.ph - 2017-07-22
Former Sarangani governor and Alsons Aquaculture vice presdient for operations Miguel Dominguez said that this is the first time that a private company is reseeding a marine protected area with breeders to ensure continued fish production. "We have been ...

Que posts record 12-shot ICTSI Classic romp
BusinessMirror. - 2017-07-22
Angelo Que holds his ICTSI Classic trophy won in record fashion LIPA City - Angelo Que kept his stroke of luck at Mt. Malarayat going, winning the ICTSI Classic in record fashion - a whopping 12-shot victory over James Ryan Lam on a closing two eagle ...

Meralco, AboitizPower may bid for Masinloc power plant
Philstar - 2017-07-22
MANILA, Philippines - Manila Electric Co. (Meralco) and the Aboitiz Group have expressed interest in the sale of the 630-megawatt (MW) Masinloc power plant in Zambales as American energy giant AES Corp. mulls its exit in the Philippines. Meralco is ...

Alliance Select plans equity restructuring
Philstar - 2017-07-22
Alliance Select said equity restructuring is common for companies that are looking to clean up their balance sheets as they expect to become profitable, citing DFNN Inc., Philippine Realty and Holdings Corp. and Millennium Global Holdings Inc. as among ...

DoubleDragon raises P9.7 B from bond issue
Philstar - 2017-07-22
MANILA, Philippines - DoubleDragon Properties Corp. has raised P9.7 billion from the sale of the second tranche of its peso-denominated fixed rate retail bonds. DoubleDragon listed yesterday with the Philippine Dealing and Exchange Corp. (PDEx) the bonds ...

FINTQ expands digital partnerships to become biggest fintech firm in Philippines
Philstar - 2017-07-22
Among its newly signed partners for Lendr, its pioneering and award-winning digital lending platform, include the Development Bank of the Philippines, EastWest Bank, the Philippine Bank of Communications, Philippine Veterans Bank, Cebuana Lhuillier Bank ...

PAL, Cebu Pacific offer support for Marawi troops
Rappler - 2017-07-22
MANILA, Philippines - Flag carrier Philippine Airlines (PAL) and Cebu Pacific announced initiatives to help cops and soldiers serving in Marawi City, where clashes between government troops and local terrorists have raged since May 23. On Friday ...

DoubleDragon raises P9.7B in second bond sale tranche
m.bworldonline.com - 2017-07-22
DOUBLEDRAGON Properties Corp. raised P9.7 billion from the sale of the second tranche of fixed rate retail bonds after exercising the oversubscription option of the issue. DoubleDragon tapped the overallotment option of P3.2 billion on the back of strong ...

A glimmer of hope
Inquirer - 2017-07-21
And that promise stems from the recent partnership between Gawad Kalinga and trusted home developer Empire East Land Holdings Inc., who are working to provide shelter to a total of 38 less privileged families in Muntinlupa City. A groundbreaking activity ...

BAP confident of quick resolution of P900 million stolen Metrobank funds
BusinessMirror. - 2017-07-21
The influential Bankers Association of the Philippines (BAP) on Friday said the financial shenanigan uncovered at the Metropolitan Bank and Trust Company (Metrobank) should soon find resolution and to the satisfaction of its management and shareholders.

Market rebounds; AEV up
thestandard.com.ph - 2017-07-21
Ayala Corp. rose 2.9 percent to P880. BDO Nomura Securities Inc., the joint venture company between BDO Unibank and Nomura Holdings of Japan that offers an online stock trading service, said it was expecting the benchmark index to hit the 8,500-point level ...

Century sells 860 houses in Cavite
thestandard.com.ph - 2017-07-21
Property developer Century Properties Group Inc. said Friday reservation sales of its maiden affordable house and lot development in Tanza, Cavite reached P1 billion, on strong demand for quality housing projects. Century Properties said in statement that ...

Sepfourteen guns for TC sweep
thestandard.com.ph - 2017-07-21
In the rating-based races, a guaranteed prize of P130,000 is allocated to the winner, sponsored by the PRCI. Added prizes in the rating-based handicapping system are a minimum of P180,000 to Class 1 races and P150,000 to Class 2. Classes 3 to 5 will get a ...

Sepfourteen guns for TC sweep
thestandard.com.ph - 2017-07-21
In the rating-based races, a guaranteed prize of P130,000 is allocated to the winner, sponsored by the PRCI. Added prizes in the rating-based handicapping system are a minimum of P180,000 to Class 1 races and P150,000 to Class 2. Classes 3 to 5 will get a ...

DSCPI midyear ranking tilt unfolds
m.philstar.com - 2017-07-21
Tickets are available at the DanceSport Training Center, Philsports Complex, Meralco Avenue, Pasig City and at the Ultra entrance today. For other inquiries, call up Anna or Lorien at tel. No. 637-2314.

P900-M fraud: Bank exec nabbed
Philstar - 2017-07-21
He recalled that bogus accounts were also involved in the diversion last year by suspected Chinese hackers of $81 in Bangladeshi funds to the Jupiter Street, Makati branch of Rizal Commercial Banking Corp. - Jess Diaz

State-of-the-Art Dental Center Opens in Cebu
Philstar - 2017-07-21
Personalities from the media, local government and business sectors attended ... Dental area sales manager for Southeast Asia and the Middle East Sophie Spady; SM Prime Holdings vice president Marissa Fernan; Presidential Assistant for the Visayas Sec.