MRC Allied eyes renewable energy
Philstar - 2017-05-15
MANILA, Philippines - MRC Allied Inc., the listed real estate company with a diverse portfolio in property and mining, is embarking on a major shift in focus to pursue investments in the renewable energy sector under the leadership of its newly appointed ...

PSBank earns 18% more in Q1
Philstar - 2017-05-15
MANILA, Philippines - Thrift bank Philippine Savings Bank (PSBank) posted an 18 percent rise in net income in the first three months, driven by higher core revenues. In a statement over the weekend, PSBank said net income jumped to P511 million in the ...

Sajid Ampatuan charged anew for P16M in ghost food purchases
Rappler - 2017-05-15
In the charges filed early May, Sajid's older brother former Datu Unsay mayor Andal Ampatuan Jr was also charged for graft because his Petron Branch was hired to supply the fuel for the supposedly fake construction projects. Andal Jr was paid P22.4 million ...

Developers urged to tap short term lease market
Philstar - 2017-05-15
Moreover, Colliers cited the Century Properties Group as a developer that has already tapped the short term lease market, particularly with its Siglo Suites project, which helps owners effectively lease out units to short-,medium-, and long-term guests and ...

NOVUM Hotel Group rents three hotels from Aroundtown Group
E TN Global Travel Industry News - 2017-05-15
The NOVUM Hotel Group is continuing to implement its dynamic expansion plans. In a strategic alliance with Aroundtown, it is taking over three hotels in Hamburg, Mainz und Osnabruck that were previously operated under international brand names. As Germany ...

Phil. Judges Association nominates Court Administrator to SC seat - 2017-05-15
THE Philippine Judges Association (PJA) has nominated Court Administrator Jose Midas P ... Cruz and Amy C. Lazaro-Javier; Centro Escolar University law school vice dean Rita Linda Ventura-Jimeno; and Pasig RTC Judge Rowena Apao-Adlawan.

Log in, look out: Cyber chaos may grow at workweek's start
New York Daily News - 2017-05-14
So far, not many people have paid the ransom demanded by the malware, Europol spokesman Jan Op Gen Oorth told The Associated Press ... urged to quickly implement a patch released by Microsoft Corp. The ransomware exploits older versions of Microsoft's ...

URC sees stronger 2017 sales - 2017-05-14
Universal Robina Corp., the biggest snacks food maker, expects sales to grow by mid-teens this year amid intense competition and increasing cost of raw materials. "Given the headwinds we are facing (intense competition, input cost inflation, forex impact ...

DMCI set to rehire workers in 2 mines - 2017-05-14
DMCI Mining Corp. said it expects to make 15 shipments this year, or equivalent to 800,000 tons of nickel ore, as the company starts building up its stockpile and rehire workers from two mine sites. DMCI Mining president Cesar Simbulan Jr. said in an ...

ALI developing 200-ha CBD in Kawit
Inquirer - 2017-05-14
Property giant Ayala Land Inc. (ALI) is developing a 200-hectare (ha) estate in Kawit, Cavite into a new Southern Luzon central business district (CBD), which will be as big as ALI crown jewel Makati CBD. This estate development called "Evo City" is ...

Experts: Cyberattack havoc could grow as work week begins
New York Daily News - 2017-05-14
The 200,000 victims included more than 100,000 organizations, Europol spokesman Jan Op Gen Oorth told The Associated Press ... Russia's Interior Ministry and companies including Spain's Telefonica, FedEx Corp. in the U.S. and French carmaker Renault ...

Century Pacific nets 10% more in 3 months
Philstar - 2017-05-14
MANILA, Philippines - Century Pacific Food Inc. (CNPF), the listed canned food company of the Po family, grew its first quarter net income by 10 percent to P701 million on the back of revenue growth across all business segments and cost management initiatives.

ICTSI earnings rise 28% in Jan-March
Philstar - 2017-05-14
MANILA, Philippines - Net income of International Container Terminal Services Inc. (ICTSI) rose 28 percent in the first quarter from a year ago amid higher revenue. The port operator said in a disclosure to the Philippine Stock Exchange its net earnings ...

PAL expands Clark operations
Philstar - 2017-05-14
MANILA, Philippines - Philippine Airlines (PAL) is expanding operations in Clark through the launch of flights to three new domestic destinations next month. In a statement, the flag carrier said it is set to start flights to Bacolod from Clark three times ...

7-Eleven trims profit
Philstar - 2017-05-14
MANILA, Philippines - 7-Eleven operator Philippine Seven Corp. reported a 13.3 percent drop in its net income in the first three months of the year due to lower same store sales. In a disclosure to the Philippine Stock Exchange Friday, PSCP said net income ...

12 aspirants vie for SC post
Philstar - 2017-05-14
The nine other nominees to the SC post are CA Presiding Justice Andres Reyes Jr., Associate Justices Rosmari Carandang, Jose Reyes, Japar Dimaampao, Apolinario Bruselas, Stephen Cruz and Amy Lazaro Javier; Centro Escolar University law school vice dean ...

4-day D.O.T.-ALI food event highlights Asean cuisine
BusinessMirror. - 2017-05-14
The four-day event, organized by the Department of Tourism (DOT), in partnership with Ayala Land Inc. (ALI), featured many popular Filipino chefs, restaurants and hotels who served Pinoy favorites and their best interpretations of regional cuisines at the ...

Meralco slips past Ilocos
BusinessMirror. - 2017-05-14
FC MERALCO Manila made sure Ilocos United FC would go home without a win by escaping with a 2-1 victory and take the solo lead in the Philippines Football League (PFL) last Saturday at the Rizal Memorial Stadium. But for Head Coach Aris Caslib, he said his ...

BusinessMirror. - 2017-05-14
When he briefly worked in Philippine Airlines (PAL), Irwin had to create his own Facebook account so he could monitor not only the passenger complaints and compliments but more to get the pulse of his sheep, the personnel in the Customer Management Office.

Fibr City program helps PLDT cover 3M homes in Q1
BusinessMirror. - 2017-05-14
THANKS to its smart-city program, the home broadband subsidiary of PLDT Inc. is on track to meet its target of reaching 4.4 million homes by the end of 2017. Based on a filing with the stock exchange, the company ended the first quarter with over 3 million ...

Digital disruptions will affect the way we do PR
BusinessMirror. - 2017-05-14
Bong R. Osorio is a communications consultant of ABS-CBN Corp., SkyCable, Dentsu-Aegis Network and government projects, among others, after retiring as vice president and head of the Corporate Communications Division of ABS-CBN. We are devoting a special ...

Ex-military man at DENR worries green groups
BusinessMirror. - 2017-05-14
This was in response to the pangayaw, or tribal declaration of armed defense by Ata-Manobo leaders of the indigenous peoples organization Salugpungan against the massive logging operations of the Alsons company owned by the powerful Alcantara clan in Mindanao.

LT Group posts P2.25-B net income in Q1 2017
The Daily Tribune - 2017-05-14
The tobacco business contributed P1 billion or 45 percent of total attributable income, followed by Philippine National Bank (PNB) at P699 million or 31 percent. Tanduay Distillers Inc. (TDI) generated P207 million or nine percent, while Asia Brewery Inc ...

MPIC keen on Clark auction - 2017-05-14
Megawide Construction Corp. and partner GMR Infrastructure Ltd. of India and JG Summit Holdings Inc. and Filinvest Development Corp. will be informed of the new policy. Both groups were seeking original proponent status for the unsolicited proposal of ...

Petron to expand PH, Malaysia refineries - 2017-05-14
Oil company Petron Corp. is expanding its oil refineries in Malaysia and the Philippines to increase efficiency levels and production, a top executive said. "Expansion of oil refinery in Malaysia is a big investment... The refinery will be expanded to ...

National Grid for compensate SSS on Pasay lot - 2017-05-14
National Grid Corp. of the Philippines said over the weekend it will compensate ... SSS bought the property along Diokno Avenue in Pasay City from Public Estate Authority for P1.12 billion in 1993. SSS is contesting the use of the property by the grid ...

Union Bank, Insular Life forge bancassurance deal
Philstar - 2017-05-14
MANILA, Philippines - Insurance firm Insular Life Assurance Co. Ltd. and Aboitiz-led Union Bank of the Philippines formally launched last week their bancassurance partnership after getting the go-signal from relevant government regulators. The companies ...

PH, Japan officials firm up Tokyo infra commitments - 2017-05-14
The Philippines-Japan Joint Committee on Infrastructure Development and Economic Cooperation held ... 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, Edgar ...

Enrile-owned agri estate converted to community farms
Philstar - 2017-05-14
COTABATO CITY, Philippines - The 1,127-hectare agricultural estate in Lamitan City of former Senator Juan ... The Enrile-owned Cocoland Development Corporation, covering arable lands in Limook area in Lamitan City, is now a cooperative run by farmers ...

Sibling Harmony
Philstar - 2017-05-14
Nobody is spared. Even the so-called Pambansang Abs is susceptible. We are at the receiving room of the One Castilla Place by DMCI (#1 Castilla St., Valencia, Quezon City) for an exclusive joint pictorial-interview with Jak and his younger sister Sanya Lopez.

Is the PCC usurping the DICT and NTC?
Philstar - 2017-05-14
Unfortunately, parent Ayala Corp. does not do business this way and always gives respect to the powers-that-be. Not so hidden agenda For comments, e-mail at

Maintenance Schedules - 2017-05-14
AND MALATE 15J Portion of Taft Ave. (Northbound) from LRT - 1 EDSA Station to near A. Arnaiz Ave. (Libertad) including Welcome Plaza Mall, STI College Pasay and HBC Bldg. in Pasay City Portion of Padre Zamora St. from A. Arnaiz Ave. to and including ...

Contempt of Supreme Court hangs over DAR
Philippine Daily Inquirer - 2017-05-13
In a three-page notice signed by clerk of court Felipa Anama, the high court acted on a petition filed by Rizal Commercial Banking Corp. (RCBC ... to immediately subdivide parts of the estate that had been subjected to agrarian reform.

Rondina, Pons rule the sands - 2017-05-13
Sisi Rondina and Bernadeth Pons of Petron Sprint 4T essayed a fitting ending to their perfect campaign when they demolished Fiola Ceballos and Patty Orendain of Generika-Ayala A, 21-12, 21-8, to emerge champions of the 2017 Belo Philippine Superliga (PSL ...

Globe, Belau link up Palau in fiber optic cable system
Philstar - 2017-05-13
MANILA, Philippines - Globe Telecom Inc. and Belau Submarine Cable Corp. (BSCC) have signed an agreement for the interconnection of a submarine fiber optic cable spur under construction from the Republic of Palau with the Southeast Asia-United States ...

PHL, Japan officials firm up Tokyo infra commitments - 2017-05-13
Tessie Sy-Coson of SM Investments Corp., Danel and Sandro Aboitiz of Aboitiz Equity Ventures, Edgar Injap Sia II of Double Dragon Properties Corp., Kevin Tan of Megaworld Corp., and Michael Tan of the LT Group Inc. have attended the forum in an apparent ...

Spreading our cultural wings
Philstar - 2017-05-13
Also present as judge was Babyruth Chuaunsu, AVP of the corporate audit department of Philippine Airlines, who helped the hotel bring the stuffed eagles from Davao to Manila and in mounting the auction of the special and limited edition stuffed toys.

Beware of the dragon bearing gifts
Inquirer Opinion - 2017-05-13
But only a few may know how much money has been paid to the China National Machinery and Equipment Corporation Group ... the Philippine counterpart through a loan from the Development Bank of the Philippines. Six years later, the Chinese raised the ...

Eagle Cement prices IPO at P15 per share
Philstar - 2017-05-13
Aside from SB Capital, Eagle Cemennt appointed China Bank Capital Corp and Philippine National Bank Capital and Investment Corp., as joint issue managers, lead underwriters, and bookrunners for the IPO.

Subic to host Ecotourism Festival
BusinessMirror. - 2017-05-13
Moreover, Philippine Airlines SVP for Operations Ismael Augusto Gozon and El Nido Resorts Head of Sustainability Mariglo Laririt will share the best practices from the private sector. Session topics are "Ecotourism Driving Sustainable Development ...

Cebu Air earnings plunge 68% in Q1
Philstar - 2017-05-13
MANILA, Philippines - The operator of Cebu Pacific and Cebgo saw its net profit fall 68 percent in the first three months from a year ago due to higher expenses. In a report to the Philippine Stock Exchange, Cebu Air Inc. said net earnings reached P1.28 ...

LT Group profit steady at P2.25 B
Philstar - 2017-05-13
MANILA, Philippines - LT Group Inc. (LTG), the holding company of taipan Lucio Tan, reported a income of P2.25 billion in the first quarter, the same level as last year. Among its businesses include tobacco, through PMFTC, a partnership between Philip ...

Alyssa Valdez, Mika Reyes team up for the first time in Clash of Heroes
Rappler - 2017-05-13
Jovelyn Gonzaga of Cignal, Kat Tolentino of Ateneo, Elaine Kasilag of Pocari Sweat, Bia General of Generika-Ayala, Frances Molina and Ria Meneses of Petron, Lourdes Clemente of Sta. Lucia, and CJ Rosario of Foton complete the Pilipinas-Blue roster.

How six mothers manage work and family - 2017-05-13
For nearly 25 years, Laguna-based P.A. Alvarez Properties and Development Corp. established itself a name in the competitive Philippine real estate industry by enabling the public to have their dream homes at affordable rates and payment schemes.

WATCH: Summer advisory, tips from Meralco
Philstar - 2017-05-13
MANILA, Philippines -- Meralco has released its May 2017 Advisory in YouTube announcing a decrease in electricity rates, as well as sharing simple summer "tipid" tips. Joe Zaldarriaga of the Public Information Office, says that electricity rates has ...

Bong wants to scrutinize bank accounts of 'pork' whistleblowers
Philstar - 2017-05-13
Sula's 15 bank accounts - three accounts each with Metro Bank, Citi Bank and Metrobank Card Corp., two accounts each with Land Bank of the Philippines and Philippine Savings Bank and one account each with BPI and UCPB. Suñas' seven bank accounts ...

Miss Tourism San Fernando
Philstar - 2017-05-13
HOBBIES: Reading, writing poems and oratorical speech BEAUTY TITLE: Miss Dumanjug 2016, Bb. Toledo 2016, Miss Southwestern University Phinma 2017, Miss Sangat 2015, Miss Balud 2017, Miss Tonggo 2015, Miss Gaisano Capital 2016 NAME: Gladize Embolode NICK ...

Save Palawan from power woes, Duterte urged
Philippine Daily Inquirer - 2017-05-13
The group blamed DMCI Power Corp. for the power shortage, noting that the company had been unable to fulfill its obligations since bagging the contract with Paleco. DMCI Power in 2012 entered into a contract with Paleco to put up a coal-fired power plant.

FULL LIST: FEU grad leads 2,514 passers of May 2017 Civil Engineering exam
Philippine Daily Inquirer - 2017-05-13
A total of 2,514 applicants from 6,998 takers passed the May 2017 Civil Engineering Licensure exam administered in different cities around the country. Far Eastern University Institute of Technology graduate Hisham Adiong Sacar topped the exam with a score ...

DMCI eyes property venture with NTT DoCoMo - 2017-05-12
DMCI Holdings Inc. of the Consunji Group is in talks with NTT DoCoMo of Japan for a possible joint venture in property development in the Philippines. DMCI Holdings president Isidro Consunji said in an interview NTT DoComo was interested in taking a 30 ...