Cebu power supply in peril?: 4 dead in quake
Philstar - 2017-07-06
VECO gets power from three power generators in Leyte, including Green Core Geothermal, Aboitiz Energy Solutions, and Vivant Energy Corp with a contracted capacity of 85.75 megawatts, said its spokesperson Quennie Bronce. But now, the power distributor is ...

PSE acquires additional 8% in PDS Holdings
Philstar - 2017-07-06
Philippines - The Philippine Stock Exchange has signed an agreement to acquire an additional eight percent of PDS Holdings Corp. The PSE is acquiring the 500,000 common shares held by Whistler Technologies Services Inc. in PDSHC, the operator of the ...

Philex invests P450M for special development programs
Philstar - 2017-07-06
MANILA, Philippines - Pangilinan-led Philex Mining Corp. has invested over P450 million over the last five years for various projects under its Social Development Management Program (SDMP), a requirement of the Department of Environment and Natural ...

Birthday bash
thestandard.com.ph - 2017-07-06
Tycoon Manuel V. Pangilinan (right) and PLDT executive Ricky Vargas (second from right) attend the birthday celebration of the daughter of Cavite 2nd District Rep. Strike Revilla (second from left) and his wife, PLDT vice president for finance Chaye Cabal ...

Phoenix Petroleum acquires Petronas Energy, Duta Inc.
BusinessMirror. - 2017-07-06
Duta is 40-percent owned by PDB Netherlands and the balance of 60 percent is owned by Alsons Consolidated Resources Inc. and Masaligan Inc. The total purchase price of $126.1 million pertains to the $120.05 representing 100-percent equity interest in Pepi ...

Vizcaya students devise eco-pot for urban gardening
BusinessMirror. - 2017-07-06
Enactus is sponsored by EEI Corp. (Red Diamond Sponsor); OceanaGold (Philippines) Inc. and AG&P (Diamond Sponsors); Unilever and Philippine Airlines (Platinum Sponsors); Saudi Aramco, AES Philippines and Orica Philippines Inc. (Silver Sponsors).

Phoenix Petroleum seeks $126-M acquisition of Petronas Energy, Duta
Rappler - 2017-07-06
Duta is 40% owned by PDB Netherlands and 60% owned by Alsons Consolidated Resources Incorporated and Masaligan Incorporated. PEPI, meanwhile, is engaged in the liquefied petroleum gas (LPG) business. Phoenix said the acquisition "broadens its product ...

Market rises; SSI leads advancers
thestandard.com.ph - 2017-07-06
Fifteen of the 20 most active stocks ended in the green, led by retailer SSI Group Inc. which jumped 8.3 percent to P4.43 and East West Banking Corp. which climbed 4.7 percent to P33.45. Conglomerate Metro Pacific Investments Corp. went up 4 percent to P6.69.

Favila resigns from GT Capital board
Philstar - 2017-07-06
He was once president of the Allied Banking Corp. and president-CEO of the Philippine National Bank. He served as a consultant to the BSP and CDC Holdings Inc. and was chairman-president of the Philippine Stock Exchange from 2001 to 2005. Favila obtained ...

Are companies still hesitant to hire K to 12 graduates?
Rappler - 2017-07-06
But according to Del Rosario, who is also the president and chief executive officer of PHINMA Corporation, since the country has many college graduates who are not "fully employed," it doesn't cost companies anything to require their employees to be ...

Uy completes purchase of Enderun Colleges
Inquirer - 2017-07-06
The businessman is also a key shareholder and president/chief executive officer of leading logistics provider 2GO Group Inc. Prior to acquiring Enderun Colleges, Udenna invested in a maritime training school to support its shipping and logistics businesses.

ERC vows to act on Meralco PSAs
Philstar - 2017-07-06
MANILA, Philippines - The Energy Regulatory Commission (ERC) has vowed to act on the power supply contracts applied for by Manila Electric Co. (Meralco) in three months, after lawmakers pressed the power regulator in a congressional hearing. This is the ...

Trekker nips All Terrain in Petron Cup
Visayan Daily Star - 2017-07-06
Rev-X Trekker slipped past Rev-X All Terrain, 69-67, in the 35 and above category of the Fil-Sino Inter-Color Petron Cup at the Tay Tung High School Po Hang Gym in Bacolod City. DK Equipaje knocked down two free throws with under two minutes left to break ...

Meralco 20-year supply deals hit
Philippine Daily Inquirer - 2017-07-06
It is "unacceptable" to let the Manila Electric Company (Meralco) and its power suppliers dictate the electricity rates that their consumers would be paying for up to 20 years, a militant party-list congressman said on Tuesday. Bayan Muna party-list Rep.

PLDT innovations unit gains more investors
BusinessMirror. - 2017-07-05
These include Atram Trust Corp./Seedbox Technologies, JK Capital Finance, Dun & Bradstreet, Financial Executives of the Philippines, Cebuana Lhuillier Bank, Philippine Business Bank, Cash Credit, Insular Savings Bank, Bayad Center and Development Bank of ...

Dennis Uy completes Enderun buyout
Inquirer - 2017-07-05
Uy purchased Enderun through his holding firm Udenna Corp., which has interests in oil and gas through Phoenix Petroleum Philippines, Inc.; shipping and logistics through Chelsea Logistics Holdings Corp.; and real estate through Udenna Development (UDEVCO ...

Governor pushing for creation of 2nd Mactan runway
Philstar - 2017-07-05
Para nako angay gyod buhaton ang second runway," he said. Based on the study by the consortium of India's GMR Infrastructure Ltd. and Megawide Construction Corp., the operator of MCIA, passenger traffic in Cebu will reach about 28 million passenger per ...

Clean Up Run listup deadline on July 16
thestandard.com.ph - 2017-07-05
Interested runners may register at the designated registration desk at the lobby of Manila Broadcasting Company, Sotto Street, CCP Complex, Pasay City or at Olympic World Trinoma and Alabang Town Center, as well as at Olympic Village Market Market.

Clean Up Run listup deadline on July 16
thestandard.com.ph - 2017-07-05
Interested runners may register at the designated registration desk at the lobby of Manila Broadcasting Company, Sotto Street, CCP Complex, Pasay City or at Olympic World Trinoma and Alabang Town Center, as well as at Olympic Village Market Market.

Hernandez paces Phl Seniors with 72
Philstar - 2017-07-05
While Hernandez leaned on a strong start to seize control, Rosal used a fiery windup to stay in the hunt, hitting two birdies in the last four holes to save a 74 after a bogey-triple-bogey start in the 54-hole tournament held as part of the PLDT Group ...

Towards prosperous Asean MSMEs
Philstar - 2017-07-05
SME Corporation Malaysia); Nora Terrado (chairperson, ASEAN 2017 Committee on Business and Investment Promotions); U Moe Kyaw (managing director, Myanmar Marketing Research and Development); and Justin Uy (founder & owner, Profood International Corp ...

PSEi forecast to breach past 8,200 this year
Philstar - 2017-07-05
MANILA, Philippines - First Metro Investment Corp. (FMIC), the investment banking arm of the Metrobank Group, expects the Philippine Stock Exchange index (PSEi) to reach a high of 8,200 this year. FMIC head of Research Cristina Ulang said the expected ...

Petron, Foton dispute Superliga final berth
Philstar - 2017-07-05
MANILA, Philippines - F2 Logistics tries to stay on track of a title repeat as it tangles with Cignal HD today while Petron and Foton clash in the other explosive semifinal pairing in the Philippine Superliga All-Filipino Conference at the Filoil Flying ...

Manufacturing resurgence to add more than 1M jobs
BusinessMirror. - 2017-07-05
At the sidelines of the First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Midyear Economic and Capital Markets Briefing, local economist Victor A. Abola said the manufacturing sector is experiencing resurgence. The sector ...

Knockout semis in Superliga on
BusinessMirror. - 2017-07-05
REIGNING champion F2 Logistics faces Cignal and Petron takes on Foton in the knockout semifinals of the 2017 Philippine Superliga All Filipino Conference today at the FilOil Flying V Centre in San Juan City. The Cargo Movers and HD Spikers collide at 5 p.m ...

Davao bizman acquires Enderun Colleges
BusinessMirror. - 2017-07-05
Udenna has diverse business interests in oil and gas through Phoenix Petroleum Philippines Inc.; shipping and logistics through Chelsea Logistics Holdings Corp.; and real estate through Udenna Development Corp., among other endeavors. Prior to acquiring ...

Ayala in talks to bring in MG car brand
Philstar - 2017-07-05
A source told The STAR that Ayala has been negotiating for a few months with Shanghai Automotive Industry Corp. (SAIC), owner of the MG brand. MG is considered a historic British brand as it was the last domestically owned mass-production car manufacturer ...

Globe says posh village has poor mobile signal
thestandard.com.ph - 2017-07-05
Globe Telecom Inc. said more than half of households in Dasmariñas Village in Makati City have no decent mobile coverage because of the continued resistance of some homeowners preventing the rollout of telco services in the area. Globe said that based on ...

First Metro reduces growth target to 6.5%
thestandard.com.ph - 2017-07-05
FIRST Metro Investment Corp., the investment banking unit of the Metrobank Group, reduced its growth forecast for the Philippine economy this year due mainly to lower government spending and slower-than-expected movement in infrastructure. First Metro saw ...

Bus driver, conductor nabbed for assault on MMDA enforcers
Philstar - 2017-07-05
MANILA, Philippines - A bus driver and conductor were arrested on Monday after they figured in a fistfight with two traffic enforcers of the Metro Manila Development Authority ... Parañaque and was headed to SM Fairview in Quezon City.

Philippines' adult entertainment king wins 'jolli' battle
Rappler - 2017-07-05
Famous for fried chicken, hamburgers and spaghetti, Jollibee Foods opposed in 2013 the trademark registration of real estate firm Jolliville Holdings Corporation, saying it was "confusingly similar" with its name. But the Intellectual Property Office of ...

Philippines' adult entertainment king wins 'jolli' battle
Rappler - 2017-07-05
Famous for fried chicken, hamburgers and spaghetti, Jollibee Foods opposed in 2013 the trademark registration of real estate firm Jolliville Holdings Corporation, saying it was "confusingly similar" with its name. But the Intellectual Property Office of ...

Philippines' adult entertainment king wins 'jolli' battle
News Philippines Yahoo - 2017-07-05
Famous for fried chicken, hamburgers and spaghetti, Jollibee Foods opposed in 2013 the trademark registration of real estate firm Jolliville Holdings Corporation, saying it was "confusingly similar" with its name. But the Intellectual Property Office of ...

People & Events
Visayan Daily Star - 2017-07-05
CEBU CITY - Globe Telecom, in partnership with the Department of Education, has implemented its Global Filipino Schools program to 142 schools in the country to empower public schools with Information and Communications Technology-trained teachers ...

PHL unit of Korean firm eyed as manufacturing hub in Asia
BusinessMirror. - 2017-07-05
SSP is the rebirth of Phoenix Semiconductor Philippines Corp., listed in the local bourse in December 2014. Since its opening in 2011, it has had consistent growth and profitability due to its business partnership with its valued client, technology giant ...

Group to hold training on cultural sensitivity
baguiomidlandcourier.com.ph - 2017-07-05
The Cordillera News Agency (CNA) and the National Commission for Culture and the Arts will ... Mangyan of Oriental Mindoro, Tagbanwa of Palawan, and the IPs of the Cordillera (Abra, Apayao, Benguet, Ifugao, Kalinga, and Mountain Province).

Metrobank starts LTNCD offering
m.bworldonline.com - 2017-07-05
METROPOLITAN Bank & Trust Co. (Metrobank) on Monday began offering the second tranche of its long-term negotiable certificates of time deposits (LTNCD) worth P5 billion. In a disclosure to the local bourse yesterday, the Ty-led bank said the deposit ...

Hotels in Cebu City
travelbook.ph - 2017-07-05
This place is nice - maybe a bit on the expensive side, but it have most of what you need (except for a fridge). It can be a little hard to find (at... The people working here does't seem to make an effort welcoming people; either they sit at the 'front ...

Punishing free speech
Inquirer Opinion - 2017-07-04
That freedom is essential to human agency or the ability of men and women to act independently ... and JSD student at San Beda College Graduate School of Law in Manila. Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other ...

A war memorial
Inquirer Opinion - 2017-07-04
The site, known only to a few passing motorists, is the American Cemetery, in which are buried the remains of 17,497 American soldiers who died fighting the Japanese Imperial Forces ... out they groped for much needed resources to sustain their war economy.

Business leaders stay upbeat on admin’s infra push
- 2017-07-04
A year after President Rodrigo Duterte took office, some of the biggest local and foreign business chambers in the country still have high hopes for the administration, betting on the promise of a “golden age of infrastructure” on top of a proinclusive growth and probusiness legislative agenda.

Market retreats; STI tops gainers
thestandard.com.ph - 2017-07-04
Bloomberry Resorts Corp. advanced 4.3 percent to P9.65. Meanwhile, Asian markets reversed early gains Tuesday to sit mostly down in the afternoon. After surging on years of low borrowing costs, the tech sector is suffering selling pressure from profit ...

Market retreats; STI tops gainers
thestandard.com.ph - 2017-07-04
Advancers outnumbered losers, 109 to 94, while 41 issues were unchanged. Eleven of the 20 most active stocks ended in the green, led by STI Education Systems Holdings Inc. which surged 11 percent to P1.62 and East West Banking Corp. which jumped 8.9 ...

ABS-CBN, GMA Network both claim TV ratings lead in June
m.bworldonline.com - 2017-07-04
ABS-CBN Corp. and GMA Network, Inc. both claimed the lead in nationwide TV ratings in June, citing data from different research firms. In a statement on Tuesday, the Lopez-led media and entertainment giant said it grabbed a 46% audience share in total day ...

Jolliville wins appeal on trademark case vs Jollibee
BusinessMirror. - 2017-07-04
PUBLICLY listed real-estate firm Jolliville Holdings Corp., a company controlled by nightclub owner Jolly Ting, won its appeal at the Intellectual Property Office of the Philippines (IPOPHL) over its long-standing trademark feud against local fast-food ...

Jolliville wins appeal on trademark case vs Jollibee
BusinessMirror. - 2017-07-04
PUBLICLY listed real-estate firm Jolliville Holdings Corp., a company controlled by nightclub owner Jolly Ting, won its appeal at the Intellectual Property Office of the Philippines (IPOPHL) over its long-standing trademark feud against local fast-food ...

Jolliville wins appeal on trademark case vs Jollibee
BusinessMirror. - 2017-07-04
PUBLICLY listed real-estate firm Jolliville Holdings Corp., a company controlled by nightclub owner Jolly Ting, won its appeal at the Intellectual Property Office of the Philippines (IPOPHL) over its long-standing trademark feud against local fast-food ...

Jolliville wins appeal on trademark case vs Jollibee
BusinessMirror - 2017-07-04
PUBLICLY listed real-estate firm Jolliville Holdings Corp., a company controlled by nightclub owner Jolly Ting, won its appeal at the Intellectual Property Office of the Philippines (IPOPHL) over its long-standing trademark feud against local fast-food ...

Philippines to remain upbeat despite uncertainties
Philstar - 2017-07-04
According to COL Financial Group, the reduction in personal income taxes will increase the disposable income of majority of the Filipino taxpayers by about 20 percent. "Based on our computations, the reduction in personal income taxes will lead to a 20% ...

Meralco defends power supply deals
Philstar - 2017-07-04
MANILA, Philippines - Manila Electric Co. (Meralco) said its seven power supply deals will provide adequate and least cost supply to consumers and support the massive infrastructure program of the Duterte administration. Meralco first vice president and ...