WATCH | Meralco to hike rates
interaksyon.com - 2017-07-07
Image from News5 video showing the average increase in Meralco rates depending on consumption. MANILA, Philippines -- The Manila Electric Co. will increase its rates by seven centavos per kilowatt-hour this month, or an average of P15-38 a month depending ...

Rosal, Katigbak share Srs, Mid-Am honors
Philstar - 2017-07-07
Jose Mari Hechanova carded a second 78 for a 236 and clinched third place in the 54-hole event held as part of the PLDT Group National Amateur Golf Tour and backed by the MVP Sports Foundation, Katigbak, on the other hand, gunned down six birdies against ...

Stocks end flat; Metrobank up
thestandard.com.ph - 2017-07-07
The Philippine Stock Exchange Index added 1.02 points, or 0.01 percent, to 7,889.33 on a value turnover of P6.9 billion. Losers edged gainers, 104 to 102, with 46 issues unchanged. Metropolitan Bank & Trust Co., the second-biggest lender, advanced 3.6 ...

Filinvest unit raises P6b from bond issue
thestandard.com.ph - 2017-07-07
Cyberzone Properties Inc., a wholly owned unit of Filinvest Land Inc., has successfully raised P6 billion from the issuance of fixed rate bonds on strong demand from investors. Filinvest Land said in a disclosure to the stock exchange the 5.5-year fixed ...

Former U.S. chief agricultural negotiator to lend expertise to UNL institute
Lincoln Journal Star - 2017-07-07
As deputy undersecretary at USDA, Vetter also worked with the Senate Finance Committee on trade issues tied to agriculture, the environment and labor. The biggest trade deal she helped negotiate on behalf of the Obama administration was the agricultural ...

Mr. & Miss Chinatown Philippines holds first ever screening in Cebu
Philstar - 2017-07-07
University of Cebu Maritime Educational Training Center graduate Narciso Daclan; aspiring businessman Paul Christian Go; 18-year-old marketing management major Christopher Go from the University of Southern Philippines Foundation; 20-year-old equal rights ...

Power rates up again
Philstar - 2017-07-07
MANILA, Philippines - Residential customers of Manila Electric Co. (Meralco) will see a slight increase in electricity bills in July as the weaker peso, lower supply and higher spot market prices push up the generation charge. The power distributor ...

An homage to the Filipino legacy
m.philstar.com - 2017-07-07
Rajo Laurel and Philippine Airlines. For the first time in Japan since 1964, the fashion show was held at the Imperial Hotel in Chiyoda, Tokyo, and was attended by 500 guests, 118 of which were esteemed ambassadors. Jewelmer had the honor of presenting one ...

Globe, Smart extend free mobile services in Marawi
Philstar - 2017-07-07
MANILA, Philippines - Globe Telecom Inc. and Smart Communications Inc. are extending free mobile services to subscribers in Marawi City. In a statement, Globe said it has reached an agreement with the Armed Forces of the Philippines (AFP) and the ...

BCDA taps MPIC, French firm for study on Clark international food market
Philstar - 2017-07-07
MANILA, Philippines - The Bases Conversion and Development Authority (BCDA) has teamed up with infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) and French firm Semmaris for a feasibility study on the development of an international food ...

The bitter side of sugary-drinks tax
BusinessMirror - 2017-07-07
Michael ... tycoon Lucio Tan, including PMFTC Inc., the combined company of Philip Morris Philippines and Fortune Tobacco, and Asia Brewery, which holds a stable of local and international beer brands and alcohol-laced pop drinks such as Tanduay Ice.

North holds off South, wins Duel 5
BusinessMirror. - 2017-07-07
Garalde, still winless on the ICTSI Philippine Golf Tour, also went undefeated, humbling recent Calatagan leg winner Zanieboy Gialon, 5&3; Lam took the last two holes to stun two-leg winner Clyde Mondilla, 1-up; Bibat won Nos. 16 and 17 to trounce Rufino ...

DoubleDragon pegs rate for P6.5-B retail bonds
Philstar - 2017-07-07
MANILA, Philippines - DoubleDragon Properties Corp. has set the coupon rate for its seven year peso retail bonds at 6.0952 percent. Due to strong demand for the retail bonds, the coupon rate was set at the bottom-end of the pricing range. Double Dragon ...

Phinma Energy secures contract for 45-MW Pangasinan solar farm
philstar.com - 2017-07-07
MANILA, Philippines - Phinma Energy Corp. plans to put up a 45-megawatt (MW) solar farm in Pangasinan after securing a solar service contract. The company disclosed it entered into a solar energy service contract with the Department of Energy (DOE).

Filinvest unit raises P6b from bond issue
thestandard.com.ph - 2017-07-07
Cyberzone Properties Inc., a wholly owned unit of Filinvest Land Inc., has successfully raised P6 billion from the issuance of fixed rate bonds on strong demand from investors. Filinvest Land said in a disclosure to the stock exchange the 5.5-year fixed ...

Zambo water firm reduces leakage
thestandard.com.ph - 2017-07-07
Zamboanga Water Company Inc., a joint-venture company between Zamboanga City Water District and Manila Water Co. Inc., has recorded a cumulative recovered non-revenue water volume of 410,000 cubic meters in the second quarter of the year through its NRW or ...

Globe suggests Dasma residents opposing building of cell sites violate human rights
TechnoChops - 2017-07-07
However, a report by the Center for Device Regulation ... the scientific community whether local or international have already agreed that the available data is non-conclusive," the company said.

8 life lessons that surfing can teach us
Philstar - 2017-07-07
Watch below. "Waves" is the first of three Sun Shorts 2 films produced by Sun Life Financial Philippines with the goal of promoting financial freedom. Watch the other Sun Shorts via www.sunshorts2.com. Start your journey toward financial independence ...

13th Month Pay Law and wage hike forum in CAR
baguiomidlandcourier.com.ph - 2017-07-07
Managerial employees are excluded from the coverage of the 13th Month Pay Law. The Labor Code provides that a managerial employee is one who is vested with powers or prerogatives to lay down and execute management policies and/or to hire, transfer ...

Newly-constructed class room inaugurated
Assam Tribune - 2017-07-06
The public meeting held on the occasion, was chaired by the president of the SMDC of Rupai High School, Dr Bulu Tanti. Addressing the gathering, MLA Durga Bhumij assured that he would extend all possible help for the betterment of the school. He also said ...

Market rises; SSI leads advancers
thestandard.com.ph - 2017-07-06
Gainers outnumbered losers, 107 to 95, while 54 issues were unchanged. 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.

Market rises; SSI leads advancers
thestandard.com.ph - 2017-07-06
Gainers outnumbered losers, 107 to 95, while 54 issues were unchanged. 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.

Dormitorio, Lapaza reign in King of Mountain race
Philstar - 2017-07-06
"It was a difficult trail but a very good one too, very challenging. It pushed everyone to the limit," said Lapaza. Filinvest put up the TKOM in 2009 to inspire the community to participate in an active and healthy lifestyle, particularly those who are ...

Pilmico Iligan feed and flour mill plants receive ISO 9001:2015 and HACCP certification
interaksyon.com - 2017-07-06
Pilmico's flour plant, Phil. Star file photo. MANILA - Pilmico Foods Corporation, the integrated agribusiness and food company of Aboitiz Equity Ventures, Inc. (AEV), was recently awarded with international certifications in quality and food safety ...

DENR-Negros Or probes loading of forest products in ambulance
Philstar - 2017-07-06
He also clarified that guards of the Energy Development Corporation only assisted the CENRO II personnel, who were at the geothermal site for routine patrol when the apprehension took place. Rombaoa also explained that under Section 16 of Presidential ...

Telco lauds LGU support
Philstar - 2017-07-06
which is realized in Globe At Home's Cebu launch of its new GoBIG plans," said Globe Telecom Inc., head for corporate communications Yoly C. Crisanto. Globe's GoBig plans offer bigger data allocations to consumers at affordable rates at faster and reliable ...

World-Class Cheeses
Philstar - 2017-07-06
Recently, artisan cheeses from the Malagos Farmhouse in Davao arrived in Cebu, at the 32 Sanson by Rockwell Land clubhouse, for a cheese-tasting event with chefs, hoteliers, restaurateurs and friends from the media in attendance. Bibendum Wines were chosen ...

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 ...