SYGNIS AG announces Management and Supervisory Board changes
PresseBox - 2017-06-06
Dr. Heikki Lanckriet (previously Co-CEO) will become sole CEO of SYGNIS AG and will ... Ltd and Executive Director Finance at Süd-Chemie AG. He has a diploma in business administration from the University of London. SYGNIS AG specializes in the ...

PNOC to develop properties
thestandard.com.ph - 2017-06-06
PNOC acquired the ESB as a property dividend from Petron Corp. in 1993. It has a total land area of 19.22 hectares, including 10.55 hectares leased to PNOC Exploration Corp. Another 4.27 hectares are leased to Petron and used as bulk plant while the ...

Ababa upbeat in ICTSI golf
thestandard.com.ph - 2017-06-06
Also tipped to contend in the event, backed by BDO, KZG, Custom Clubmakers, Meralco, Sharp, Champion, Summit Mineral Water and PLDT, are veterans Jay Bayron, Rey Pagunsan, Gerald Rosales and Orlan Sumcad along with young guns Jobim Carlos, Justin Quiban ...

Wells Fargo Adds Philippine National Bank To ExpressSend Remittance Network
www.thestreet.com - 2017-06-06
The U.S. economy added 2.3 million middle-income jobs from 2013 to 2015, almost double the gains in the first three years after the recession. Warren Buffett's favorite holding time is forever, but when necessary, he's not afraid to break his own rule and ...

DTI conducts Balik Eskwela Diskwento Caravan in Laguna
news.pia.gov.ph - 2017-06-06
Sellers like Puregold Price Club, Inc. and Pandayan offered school supplies in cheaper prices and premium packages that are discounted compared to items that are bought individually. Around 250 consumers from Magdalena and 350 from Mabitac benefitted from ...

ePLDT Microsoft partner of 2017
The Daily Tribune - 2017-06-06
Jovy Hernandez, PLDT / SMART SVP and head of Enterprise, meanwhile added, "We in PLDT Enterprise always put our customers at the forefront of our business. We value their trust and as such ensure to provide only the highest standards of service and ...

SPC Power ready to enter RE business
BusinessMirror. - 2017-06-06
SPC Power Corp. has commenced preparation for its entry in the renewable-energy (RE) business, particularly hydropower. On Tuesday the power firm said it is "holding exploratory talks with proponents of and conducting due diligence in a number of ...

News Feature: Illegal drugs fuel Maute elements in Marawi City, says army spokesperson
news.pia.gov.ph - 2017-06-06
P27 million worth of checks from an abandoned machine gun post of Maute group," he added. According to Lt. Col. Herrera, majority of Maute members are millenials. "The youths are the most vulnerable, they are the ones who are easily recruited.

GBPC enters Mindanao via P4.25-B Alsons buyin
Philstar - 2017-06-06
MANILA, Philippines - Pangilinan-led Global Business Power Corp. (GBPC) has formalized its entry in the Mindanao grid with a strategic partnership with the Alcantara Group to acquire a 50 percent stake in its power holding company with a P4.25-billion tag ...

Zamora buys PT&T for P800 M
Philstar - 2017-06-06
MANILA, Philippines - Mining mogul Salvador "Buddy" Zamora II has reportedly acquired telecom firm Philippine Telegraph & Telephone Corp. (PTT) for roughly P800 million. Industry sources said Zamora, a business tycoon with investments in mining and ...

Resorts World suspends operations
Philippine Daily Inquirer - 2017-06-06
The Travellers International Hotel Group Inc., which operates Resorts World Manila, has suspended gaming and some hotel operations until after the probe of the deadly incident at its gaming complex last Friday. "We are currently focused on ensuring that ...

The most important people in real estate you need to know
BusinessMirror. - 2017-06-06
Although P.A. Properties may not yet be a household name in local residential development much like Ayala Land, Robinsons, SMDC and even Camella Homes, the company has already made a mark in the field, particularly in Laguna, Cavite, and Batangas.

Executives from global companies at Franchise Asia PHL Conference
BusinessMirror. - 2017-06-06
Speaking at the C-Suite Forum of the International Conference are senior level executives from Ayala Land, Grab Philippines and Jollibee Foods Corp., who will share their unique experiences, valuable insights and broad perspective on enhancing customer ...

Ayala Land Premier launches Cerilo
BusinessMirror - 2017-06-06
AFTER successfully establishing a solid presence in Nuvali, Ayala Land Premier, the premium luxury brand of Ayala Land Inc., is embarking on a big push by introducing another quality project--Cerilo, its eighth residential development in the master ...

The sun is setting on coal
Rappler - 2017-06-06
The simple and unfortunate reality is that with new coal fired power plants such as the 1,200 MW coal-fired power plant promoted by Meralco PowerGen Corporation (MGen) being planned, the Philippines will be further reliant on yet more imports. An important ...

News Feature: AFP thankful to Marawi locals for support, trust
news.pia.gov.ph - 2017-06-06
Col. Herrera shared that the moral support shown by the people they have helped in Marawi City is overwhelming and has inspired them more to continue serving others. "The fight against terrorism is not yet over and we will make sure this terrorist group ...

Concepcion Industrial Corp (CIC)
investing.com - 2017-06-06
A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the Concepcion Industrial Corp stock. A detailed technical analysis through moving averages buy/sell signals (simple and exponential for 5,10,20,50,100 and 200 periods) and common ...

DMCI looking to invest $300M in Semirara cement plant
interaksyon.com - 2017-06-06
A mine on Semirara island, where DMCI Holdings unit Semirara Mining and Power Corp. is located. DMCI plans to invest $300M in a cement project on the island. BUSINESSWORLD FILE PHOTO CORON, Palawan - DMCI Holdings, Inc. has plans to invest US$300 million ...

Ayala Land Premier launches Cerilo
BusinessMirror. - 2017-06-06
AFTER successfully establishing a solid presence in Nuvali, Ayala Land Premier, the premium luxury brand of Ayala Land Inc., is embarking on a big push by introducing another quality project--Cerilo, its eighth residential development in the master ...

Reckless and irresponsible
Inquirer Opinion - 2017-06-06
Meanwhile, the Massachusetts Institute of Technology researchers whose 2016 climate change study Trump had apparently referenced in his speech denounced his use of the research figures as "misleading." They reiterated their support for the Paris Agreement.

Stock index surges past 8,000 on investor optimism over tax reform package, RWM
Inquirer - 2017-06-06
Metrobank led the PSEi higher with its 5.29-percent gain. SM Investments, SM Prime, PLDT, GT Capital, DMCI and BPI all climbed by over 1 percent while URC, ICTSI, BDO, AGI, Jollibee, Globe and Ayala also firmed up. Outside of the PSEi, notable gainers ...

Ayala unit acquires German auto supplier
Philstar - 2017-06-06
MANILA, Philippines - Ayala Corp., through its wholly owned subsidiary AC Industrial Technology Holdings Inc., has closed a deal to acquire a German-based automotive supplier. In a disclosure to the Philippine Stock Exchange (PSE) yesterday, Ayala said AC ...

Foton faces Cherrylume as PSL tilt unwraps
Philstar - 2017-06-06
Cocolife, now mentored by UST coach Kungfu Reyes, and Generika-Ayala tangle at 7 p.m. in the other Pool B match. Pool A is made up of defending champion F2 Logistics, Cignal, Petron and Sta. Lucia, which will make their respective debuts Thursday.

House sets probe on casino rampage
Philstar - 2017-06-06
The Social Security System (SSS) yesterday said "victims and family ... The Travellers International Hotel Group Inc. (TIHGI), operator of Resorts World Manila, suspended its operations in areas affected by the June 2 attack until authorities, including ...

SMC-PLDT-Globe deal intensifies duopoly fears
Philstar - 2017-06-06
CEBU, Philippines - The completed acquisition of PLDT Inc. and Globe Telecom of the telco assets of San Miguel Corp. is seen to strengthen the highly criticized duopoly in the country's telecommunications industry, an official said. "It may affect the ...

SPC eyeing partnerships with power cooperatives
Philstar - 2017-06-06
CEBU, Philippines - The power distribution arm of SPC Power Corporation is looking at possibilities of partnering with electric cooperatives, at the same time growing its business organically. Currently, SPC, a publicly listed company is operating two ...

Military recovers P79M in cash, checks from Maute hideout
Philstar - 2017-06-06
Col. Jo-Ar Herrera ... of cash indicate that the local terror group is running away as government troops are pressing in and focusing on destroying them, the military said. The military has contacted financial analysts for the investigation of the ...

SN Aboitiz Power joins Brigada Eskwela
news.pia.gov.ph - 2017-06-06
RAMON, Isabela, June 6 (PIA) - In its drive to help the community where it company operates, the SN Aboitiz Power Group has joined the Department of Education's Brigada Eskuwela program. Kristina Vargas, Corporate Communications Officer of SN Aboitiz ...

Provident Plans told: Shape up by mid-June or face conservatorship
interaksyon.com - 2017-06-06
The primary cause of its capital impairment and trust fund deficiency is the unrecoverable investment with its previous trustee bank, the Export and Industry (EIB), and the neglect by its new trustee bank, the United Coconut Planters Bank (UCPB), in ...

Customer Service Associate
www.onlinejobs.ph - 2017-06-06
I have never had any experience working online. But I have first-hand experience in customer service, since I have been working as a Customer Service Associate at Bank of the Philippine Islands for almost 4 years. I am also a BSBA Marketing graduate from ...

Nickel Asia anticipates rebound in nickel prices
m.bworldonline.com - 2017-06-06
NICKEL ASIA Corp. is hoping to continue its strong first quarter performance for the rest of the year, as it anticipates a rebound in nickel prices happening "sooner or later." "We had a very good first quarter. Hopefully (we can sustain it for the ...

Get to know 13 of 37 Filipinos who were killed in Resorts World Manila attack
kami.com.ph - 2017-06-05
He worked at Fuji-Haya Electric and was an engineering graduate of the University of Santo Tomas. Eleuterio and his wife were guests at Resorts World when he died during the attack. He was a graduate of Ateneo de San Pablo and was known for his generosity.

Self Driving Cars Behind $7 Trillion Market by 2050
Investopedia - 2017-06-05
Speaking to the impact on firms such as chipmakers, insurance companies and tourism players, a new Intel Corp. (INTC) study conducted with ... Half a million lives saved within one decade by the next-gen tech should come alongside a $234 billion reduction ...

Ayala unit buys German auto firm
thestandard.com.ph - 2017-06-05
Conglomerate Ayala Corp. said Monday unit AC Industrial Technology Holdings Inc. is acquiring 94.9 percent of German automotive supplier MT Misslbeck Technologies GmbH for 26.8 million euros or P1.5 billion. Ayala said in a disclosure to the stock exchange ...

MPIC offers P4.25b for Alsons coal unit
thestandard.com.ph - 2017-06-05
Metro Pacific Investments Corp. on Monday pegged the purchase price for a 50-percent stake in Alsons Thermal Power Corp. at P4.25 billion, subject to adjustment on closing. Alsons Consolidated Resources Corp. of the Alcantara Group said it signed an ...

MPIC offers P4.25b for Alsons coal unit
thestandard.com.ph - 2017-06-05
Metro Pacific Investments Corp. on Monday pegged the purchase price for a 50-percent stake in Alsons Thermal Power Corp. at P4.25 billion, subject to adjustment on closing. Alsons Consolidated Resources Corp. of the Alcantara Group said it signed an ...

DMCI has over 1 billion tons of limestone reserve in Semirara Island property
BusinessMirror - 2017-06-05
DMCI Holding Inc., a firm known for its construction projects in the country, said it has 1 billion tons of limestone reserve on Semirara Island, enough to support its cement-manufacturing plant for the next 500 years. DMCI Chairman and President Isidro ...

Provident Plans has until mid-June to produce white knight
BusinessMirror. - 2017-06-05
He also said its capital impairment and trust-fund deficiency resulted from the unrecoverable investment of its trustee bank, the failed Export and Industry (EIB) and the neglect by its new trustee bank, the United Coconut Planters Bank, in protecting its ...

Provident Plans has until mid-June to produce white knight
BusinessMirror. - 2017-06-05
He also said its capital impairment and trust-fund deficiency resulted from the unrecoverable investment of its trustee bank, the failed Export and Industry (EIB) and the neglect by its new trustee bank, the United Coconut Planters Bank, in protecting its ...

Oil prices rolled back today
Philstar - 2017-06-05
In a separate advisory, Flying V said it implemented the same price reductions also at 12:01 a.m. Meanwhile, Eastern Petroleum Corp., Phoenix Petroleum Philippines Inc. and PTT Philippines Corp. lowered gasoline prices by P0.55 per liter and diesel by P0 ...

DepEd, partner agencies set to welcome learners for SY 2017-2018
news.pia.gov.ph - 2017-06-05
The Manila Electric Company (MERALCO) has committed to ensure that schools have safe electrical connections by conducting electrical safety assessment activities in various schools, wherein the results and corrective measures to be done are properly ...

Resorts World suspends operations
Philippine Daily Inquirer - 2017-06-05
The Travellers International Hotel Group Inc., which operates Resorts World Manila, has suspended gaming and some hotel operations until after the probe of the deadly incident at its gaming complex last Friday. "We are currently focused on ensuring that ...

A winning stake at income tax exemption
Philstar - 2017-06-05
One of the more recent controversies was resolved in Bloomberry Resorts and Hotels, Inc. vs. Bureau of Internal Revenue (Aug. 10, 2016, G.R. No. 212530), where an integrated casino and hotel operator was faced with issues stemming from Revenue Memorandum ...

IC mulls conservatorship for Provident Plans
Philstar - 2017-06-05
"The primary cause of its capital impairment and trust fund deficiency is the unrecoverable investment with its previous trustee bank, the Export and Industry, and the neglect by its new trustee bank, the United Coconut Planters Bank in protecting the ...

Hotel deaths fail to jar market: PSEi closes high
BusinessMirror. - 2017-06-05
gaining P0.20 to P23.50; Ayala Land Inc. lost P0.40 to close at P40.90; SM Investments Corp. rose P22.50 to P790, its property unit SM Prime Holdings Inc. increased P0.85 to P34.60; and Universal Robina Corp. was up P0.80 to P160.40.

Mondilla seeks 3rd win in a row in Calatagan
thestandard.com.ph - 2017-06-05
Also seeing action in the event, backed by BDO, KZG, Custom Clubmakers, Meralco, Sharp, Champion, Summit Mineral Water and PLDT, are amateurs Gab Manotoc, Jesselito Zaragosa and Korean Kim Joo Hyung.

Market value of SM Prime hits P1t
thestandard.com.ph - 2017-06-05
SM Prime Holdings Inc., one of the leading integrated property companies in Southeast Asia, saw its market value hit P1 trillion Monday, on the back of favorable market outlook. This makes SM Prime the first Philippine company to reach the P1-trillion ...

DMCI has over 1 billion tons of limestone reserve in Semirara Island property
BusinessMirror. - 2017-06-05
DMCI Holding Inc., a firm known for its construction projects in the country, said it has 1 billion tons of limestone reserve on Semirara Island, enough to support its cement-manufacturing plant for the next 500 years. DMCI Chairman and President Isidro ...

Oil companies reduce gas prices
BusinessMirror. - 2017-06-05
Pilipinas Shell, Phoenix Petroleum and Eastern Petroleum will implement the price adjustment at 6 a.m. on Tuesday, June 6. Seaoil Philippines and Flying V will adjust their pump prices effective12:01 a.m. on June 6. "This is to reflect movements in the ...

SM Prime market capitalization breaches historic P1-trillion mark
BusinessMirror. - 2017-06-05
It also allowed SM Prime to pursue larger projects, from reclaiming land to long-term integrated developments," it said. Ayala Land Inc. comes in second, with a market capitalization of P608.14 billion, while Megaworld Corp., the property-development arm ...