UCPB claims no bank records for Benhur Luy
Rappler - 2017-05-22
Revilla asked the anti-graft court to subpoena 5 years worth of records of Luy's supposed 30 bank accounts from UCPB, Metro Bank, Bank of the Philippine Islands (BPI), Banco De Oro Unibank Inc. (BDO), and Metrobank Card Corporation. Revilla also asked to ...

Senate approves 'work from home' bill on final reading
Rappler - 2017-05-22
Villanueva also cited a report from the Employers Confederation of the Philippines showing there is a "growing acceptance" of telecommuting in workplaces such as Meralco, SGS Philippines, Inc., Metro Pacific Investments Corporation, and Aboitiz Equity ...

PLDT divests holdings as Partners Group buys SPi Global for $330 million
BusinessMirror. - 2017-05-22
DIGITAL services provider PLDT Inc. is divesting its investment in SPi Global, as global private markets investment manager Partners Group acquires the outsourcing company in a transaction valued at $330 million (P16.467 billion). In a filing to the stock ...

DOF eyeing DBP as infra bank
news.pia.gov.ph - 2017-05-22
MANILA, may 22 -- Finance Secretary Carlos Dominguez III is looking into the possible makeover of the Development Bank of the Philippines ... Tessie Sy Coson of SM Investments Corp., Danel and Sandro Aboitiz of Aboitiz Equity Ventures, Edgar Injap Sia ...

DOF eyeing DBP as infrastructure bank
BusinessMirror. - 2017-05-22
Dominguez III is looking into the possible makeover of the Development Bank of the Philippines (DBP ... among them Jaime Zobel de Ayala of the Ayala Group, Tessie Sy Coson of SM Investments Corp., Danel and Sandro Aboitiz of Aboitiz Equity Ventures ...

Mega Jollyworld Foods Corp.
jobstreet.com.ph - 2017-05-22
Sorry we do not have enough reviews for this company yet to be able to show an average rating CRV Group of companies is a franchise group of Jollibee Foods Corporation for more than 10 years. The group operates and manages various branches of Jollibee ...

Biz Buzz: RCBC pays up
Inquirer - 2017-05-21
And then again at the state-owned Development Bank of the Philippines ... with proper funding and training, the UP Maroons have the potential to be a stronger team in the future. 8990 and the UP cagers will soon work on a series of inspirational videos ...

PowerPoint and PR presentation
BusinessMirror. - 2017-05-21
Bong R. Osorio is a communications consultant of ABS-CBN Corporation, SkyCable, Dentsu Aegis Network and government projects among others, after retiring as vice president and head of the Corporate Communications Division of ABS-CBN.

PowerPoint and PR presentation
BusinessMirror. - 2017-05-21
Bong R. Osorio is a communications consultant of ABS-CBN Corporation, SkyCable, Dentsu Aegis Network and government projects among others, after retiring as vice president and head of the Corporate Communications Division of ABS-CBN.

PowerPoint and PR presentation
BusinessMirror. - 2017-05-21
Bong R. Osorio is a communications consultant of ABS-CBN Corporation, SkyCable, Dentsu Aegis Network and government projects among others, after retiring as vice president and head of the Corporate Communications Division of ABS-CBN.

This little-known ISP is challenging the duopoly
Philstar - 2017-05-21
YOU GOT TECH By Abe Olandres (The Philippine Star) | Updated May 22, 2017 - 12:00am When we talk about Internet service providers in the Philippines, most people would tell you that there are only two players - PLDT and Globe. There are actually quite a ...

200 traders to join Duterte in Russia
Philstar - 2017-05-21
Among those in the business delegation list released by the Department of Trade and Industry are Aboitiz Equity Ventures (AEV) executive vice president Sabin Aboitiz, A Brown Company Inc. chairman emeritus Walter Brown, AG&P chairman Jose Leviste Jr ...

Nature at its best
Philstar - 2017-05-21
There are new municipalities like that of Masbate, Surigao, Leyte ... was a challenge but was all worth it when you see the beauty of the varied and colorful schools of fish; the placid Lake Kayangan with its cool waters was enough to help you overcome ...

Dual airport strategy
Philstar - 2017-05-21
One year to think up a strategy is too much time being spent with nothing to show for it. I understand Philippine Airlines is ready to spend for some of the needed infrastructure, including a new terminal building to extend the capacity of Terminal 2.

34 Pinoys die daily in road mishaps
Philstar - 2017-05-21
The event, spearheaded by Safe Kids Worldwide Philippines (SKWP), was hosted by SM Prime Holdings Inc. at the Mall of Asia. The PSA study also showed that road accidents are the main cause of deaths among Filipino youths aged 15 to 19. During the project ...

Younghusband sparks Meralco vs JPV-Marikina
BusinessMirror. - 2017-05-21
Kaya Makati FC, meanwhile, notched its maiden PFL win after trouncing the visiting Davao Aguilas, 2-0, in a game where things heated up for both teams and played with 10 men at the University of ... their 0-1 lost to Global Cebu on opener two weeks ago.

SMC power unit to pursue solar-power development
BusinessMirror. - 2017-05-21
Ang said the company is embarking on a clean- energy program that would transform its SMC Global Power Holdings into a highly diversified ... which could be the first in the country, was kept undisclosed. Ang said construction for the project, once ...

Subic Bay reloaded
BusinessMirror. - 2017-05-21
... under the management of the Subic Bay International Terminal Corp. (SBITC), a subsidiary of International Container Terminal Services Inc. (ICTSI), the NCT-1 made history when it received the first shipment of containerized cargo from Kaohsiung ...

SM supports UN road safety campaign
BusinessMirror. - 2017-05-21
Since it is committed to help make roads safer, especially to children, SM Prime Holdings Inc. recently hosted various stakeholders organized by Safe Kids Worldwide Philippines (SKWP) to impart lessons on road safety and restore security in the streets.

ABS-CBN revenues up 10 percent in 1st qtr
The Daily Tribune - 2017-05-21
Broadcast giant ABS-CBN Corp. reported P9.6 billion in consolidated revenue for the first three months as consumer sales grew by 10 percent to P4.7 billion while its first quarter airtime revenues were 13 percent lower compared to the same period last year.

Meralco rolls to 3rd straight victory
thestandard.com.ph - 2017-05-21
BINAN--Meralco Manila leaned on a second-half goal from skipper James Younghusband to nip JPV Marikina, 1-0, for its third straight victory in the Philippines Football League at Binan Football Stadium. Younghusband headed home a corner from younger ...

Forest Hills golf lures record 300
thestandard.com.ph - 2017-05-21
Inc., GPS Tracker, Golf Force Inc., Megaforce Security Services Corp., Mileage Asia/Cherrylume, Group Management and Development ... Honda Motors by ANC Group of Companies, Carasscal Nickel Corp., Reddimart Multi-Resources Inc., Teesports, Escala Tagaytay ...

CLC inks $220-M loan deal with China Bank
The Daily Tribune - 2017-05-21
The loan will be earmarked for the acquisition of a substantial stake in shipping firm 2GO Group Inc. by CLC, the logistics arm of the Udenna Group headed by businessman Dennis Uy. Bank of China granted the loan under its five-year $3 billion financial ...

Resume tests at Reed Bank, before Malampaya runs dry: MVP
interaksyon.com - 2017-05-21
Pangilinan. Pangilinan heads PXP Energy Corp. (formerly Philex Petroleum) which through the London-listed Forum Energy Plc was awarded Service Contract 72 in the Reed Bank, but was stopped by the Aquino administration in 2015 from proceeding with further ...

Resume tests at Reed Bank, before Malampaya runs dry: MVP
InterAksyon - 2017-05-21
Pangilinan. Pangilinan heads PXP Energy Corp. (formerly Philex Petroleum) which through the London-listed Forum Energy Plc was awarded Service Contract 72 in the Reed Bank, but was stopped by the Aquino administration in 2015 from proceeding with further ...

ABS-CBN spending P3.3b in cable unit
thestandard.com.ph - 2017-05-21
Broadcast network ABS-CBN Corp. is spending P3.3 billion this year to expand its broadband and cable businesses. ABS-CBN chief financial officer Aldrin Cerrado said the bulk of the capital expenditures of SkyCable Inc. would be used for direct-to-home ...

Market seen steady at 7,700 level
thestandard.com.ph - 2017-05-21
Top gainers last week were Emperador Inc.,the liquor unit of tycoon Andrew Tan which advanced 6.2 percent to P6.82 and Alliance Global Group Inc., the holding company of Tan which climbed 5.5 percent to P14.90. Logistics company 2Go Inc. rose 4.4 percent ...

Vicente on Mika Reyes as team captain: 'I saw her dedication'
Rappler - 2017-05-21
The Petron star tallied 17 markers off 10 kills, 4 aces, and 3 kill blocks and landed the Player of the Game citation in the tourney. Hard work and positivity With the 18-man pool already on the table, the University of the East head coach noted that the ...

Brewing soon in local cafes: Baslay coffee of Dauin
news.pia.gov.ph - 2017-05-21
The development coffee plantation was a reforestation project of the Philippine National Oil Company (now Energy Development Corporation or EDC) to give livelihood assistance to former kaingineros in the area. "Before 1984, we were all forest occupants.

Robinsons Metro East, Pasig
clickthecity.com - 2017-05-21
It currently has 6 commissaries nationwide and 3 in the US. With its acquisition in October 2005 by Jollibee Foods Corporation, Red Ribbon entered a new phase in its company history. The company will soon become the biggest and fastest-growing bakeshop in ...

Tams, Maroons seek second win
Philstar - 2017-05-20
came through with a solid effort on an FEU uniform, erupting for 18 points including five booming triples to lead the Tams to a rousing win in their first game under new coach Olsen Racela. Racela, a former PBA star coaching his first collegiate team after ...

China Bank woos RCBC for merger talks
Philstar - 2017-05-20
Philippine National Bank of tobacco and airline magnate Lucio Tan with P711.28 billion and Security Bank Corp. of the Dy family with P695.66 billion. China Bank currently ranks seventh in terms of assets with P552.87 billion while RCBC is 10th with P419.29 ...

Condo for sale in Guimba, Nueva Ecija
www.dotproperty.com.ph - 2017-05-20
Southwoods Golf and Country Club Eagle Ridge Golf Course Banking Centers Import/Export Bank, RCBC, UCPB Union Bank, PNB, BPI, Banco de Oro, Asia United Bank For inquiries, please call: Rafael Deocampo Jr Metroland Realty Smart/Viber: 09184207689 Globe ...

ABS-CBN sticks to P3-B profit goal
Philstar - 2017-05-20
MANILA, Philippines - Media and entertainment firm ABS-CBN Corp. is keeping its P3 billion net income guidance for the year, even as net earnings declined 59 percent in the first quarter. "We remain confident that we will meet our earnings target of P3 b ...

MPIC bags best managed company plum in regional poll
Philstar - 2017-05-20
MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) stamped its class anew as a world-class conglomerate after it was named "Best Managed Company" in the Philippines by FinanceAsia. The regional financial magazine revealed in its website the ...

Duterte to file multiple syndicated estafa vs ABS-CBN
Philstar - 2017-05-20
DAVAO CITY, Philippines - President Duterte said yesterday he would file charges of multiple syndicated estafa against ABS-CBN Corp. for allegedly failing to run his political advertisements during the election campaign last year even after he paid P2.8 ...

Megawide trumpets gains in Cebu airport PPP project
Philstar - 2017-05-20
MANILA, Philippines - Engineering and infrastructure conglomerate Megawide Construction Corp. trumpeted the success of its major public-private partnership (PPP), the Mactan-Cebu International Airport, in a forum yesterday. Speaking during an economic ...

EastWest plans to sell 20% stake
thestandard.com.ph - 2017-05-20
EastWest, the financial subsidiary of the Filinvest Group, said a 25-percent increase in net income this year was realistic after posting a remarkable growth in the first quarter. "As we have said previously, we expect to see steady increase in ...

Mondilla outshines 2 aces, nails ICTSI Southwoods crown
BusinessMirror. - 2017-05-20
Clyde Mondilla holds his trophy after edging the country's top two players to win the ICTSI Manila Southwoods Championship. CARMONA, Cavite - Clyde Mondilla upstaged Miguel Tabuena and Tony Lascuña in another weather-delayed final round shootout among ...

MVP expresses optimism beyond soft Q1 growth
interaksyon.com - 2017-05-20
Manuel V. Pangilinan, Chairman of TV5 and Metro Pacific Investments Corp. The business community manifested a somewhat surprised mood at the slower growth of the economy for the first three months this year, prompting Manuel V. Pangilinan, who is Chairman ...

How Robredo's wealth in 1st 6 months compares to Binay's
Rappler - 2017-05-20
In her 2013 to 2016 SALNs, Robredo also listed her shares of stock in the Manila Electric Company (Meralco) under "business interests and financial connections," without specifying any declared value. The Impeach Leni movement is alleging that Robredo ...

Tardy Ramon Ang makes Duterte wait for 10 minutes
Rappler - 2017-05-19
Ang, San Miguel Corporation chief and among the richest men in the Philippines, made Duterte wait for more than 10 minutes due to "traffic". Even more embarrassing was that it was Duterte himself who asked the crowd to be patient while waiting for Ang's ...

Stocks up; Melco, Petron rise
thestandard.com.ph - 2017-05-19
At the same time, an anti-corruption drive in the former Portuguese colony is sending gamblers south to Manila. Petron Corp., the bigger of the two oil refineries, climbed 2.7 percent to P10.68. The company expects net income to exceed P20 billion this ...

Cebu Air spending P24b for expansion
thestandard.com.ph - 2017-05-19
Cebu Air Inc., the operator of Cebu Pacific and Cebgo, has programmed P24 billion in capital expenditures this year to finance fleet expansion. The budget airline, owned by the Gokongwei Group, is acquiring an additional 35 aircraft until 2019 for domestic ...

JBS brothers test dealmaking skills in Brazil plea deal showdown
New York Daily News - 2017-05-19
The 44-year old led the company's rapid expansion through U.S. acquisitions Swift Foods and Pilgrim's Pride Corp, deals financed with the help of 8.1 billion reais ($2.49 billion) from state development bank BNDES. Batista admitted to paying $30 million to ...

On the Boy Abunda LGBT Award
Philstar - 2017-05-19
LODESTAR By Danton Remoto (The Philippine Star) | Updated May 20, 2017 - 12:00am The invitation came from Bemz Benedito, the managing director of Make Your Nanay Proud Inc., the NGO set up by Boy Abunda to give honor to mothers everywhere. Bemz said that I ...

ERC greenlights hike in consumer-borne renewable power incentive
interaksyon.com - 2017-05-19
He added that the timing of the approval of the fit-rate hike had nothing to do with the Meralco refund, which will average 75 centavos/KWH and also take effect next month. Non explained that the ERC needed to decide on the increase because Transco ...

Cebu Pacific sets 2017 capex to P24 B
Philstar - 2017-05-19
In a disclosure to the Philippine Stock Exchange yesterday, Cebu Air Inc., the operator of Cebu Pacific, said the capital expenditures budget of the group this year has been set at P24 billion. "This will be used for fleet expansion of Cebu Pacific and ...

Benguet sinks to P19-M loss in Q1
Philstar - 2017-05-19
MANILA, Philippines - Listed miner Benguet Corp. incurred a net loss of P18.6 million in the ... and develops water resources and real estate projects.

25 Koreans in scam, gambling ring held
Philippine Daily Inquirer - 2017-05-19
The Bureau of Immigration (BI) on Friday said 12 of them were wanted back home for allegedly operating an online business scam duping their compatriots into investing money in bogus real estate ... with the Philippine Amusement and Gaming Corp., according ...