Justice Torres to be honored with doctorate
postguam.com - 2017-04-18
Guam Supreme Court Justice Robert J. Torres will be recognized for his achievements with a degree of Doctor of Laws, honoris causa, at a graduation ceremony at Centro Escolar University Makati in Manila on Thursday. The presentation will be made in ...

PNB to raise P3B from notes issue
Inquirer - 2017-04-18
Tycoon Lucio Tan-led Philippine National Bank (PNB) expects to raise at least P3 billion from its offering of high-yielding deposit notes maturing in five years and six months. PNB has offered a second tranche of long-term negotiable certificates of time ...

LIST: Supporters, friends who helped raise P36M for Marcos poll protest
Philstar - 2017-04-18
He is a Philippine Stock Exchange board member and is a president of Oriental Petroleum & Minerals. He is affiliated with Prudential Guarantee & Assurance, PGA Cars and the National Grid Corp. of the Philippines. According to business reports, Violago is ...

Online gaming industry returns, boosts demand for office space
thestandard.com.ph - 2017-04-18
The online gaming industry resumed its robust expansion in the Philippines, boosting takeup of office space and residential units, according to real estate consulting firm ... State-owned Philippine Amusement and Gaming Corp. already approved 35 ...

Market ends flat; RCBC advances
thestandard.com.ph - 2017-04-18
Nine of the 20 most active stocks rose, led by Rizal Commercial Banking Corp. which surged 11.6 percent to P47 and conglomerate Alliance Global Group Inc. which climbed 3 percent to P14.52. MRC Allied Inc. went up 1.6 percent to P0.32. Meanwhile ...

Lopez Holdings bares net income of P6.6b
thestandard.com.ph - 2017-04-18
Lopez Holdings said in a disclosure to the stock exchange consolidated revenues decreased 5 percent last year to P91.91 billion from P96.51 billion in 2015, because of lower electricity sales by power arm First Gen Corp. Lopez Holdings, formerly Benpres ...

GT Capital hikes Metrobank stake
thestandard.com.ph - 2017-04-18
GT Capital Holdings Inc. is raising its stake in Metropolitan Bank & Trust Co. to 36.092 percent from 26.47 percent ... acquisitions and P11 billion for real estate units under Property Company of Friends Inc. and Federal Land Inc. Banking unit Metrobank ...

Saso, Corpus take charge
thestandard.com.ph - 2017-04-18
mixed three birdies with four bogeys for third at 73 while Kristine Torralba carded a 74 and Kayla Nocum shot a 76 and Nicole Abelar and Korean Yang Ju Young each made a 78 in the event also serving as part of the PLDT Group National Amateur Golf Tour ...

Lopez Holdings net income grew 6% to P6.55 billion in 2016
BusinessMirror. - 2017-04-18
The company said the steady performance of investees First Philippine Holdings Corp. (FPHC) and ABS-CBN Corp. accounted for these results. FPHC reported an 84-percent increase in net income attributable to equity holders of the parent to P9.93 billion ...

First Gen: 500-MW Batangas gas plant is now back on line
BusinessMirror. - 2017-04-18
THE Lopez-led First Gen Corp. on Tuesday said a unit of the 500-megawatt (MW) San Lorenzo gas plant in Batangas is now back on line and is working on to reconnect other gas plants to the Luzon grid. "We are exerting all efforts to enable Unit 50 [of San ...

PVL imports ready to steal the spotlight
Philstar - 2017-04-18
Another returnee is Brazil's Rupia Inck, who donned the Petron Blaze Spiker jersey also in the PSL. Inck will power Perlas Spikers, also a new team, along with the returning Kaylee Manns. "I'm very competitive. I don't like losing," Inck said. "You can ...

Lamudi awards top brokers and property firms
BusinessMirror. - 2017-04-18
In Photo: Brokerage of the Year winners Ramil Alquileta (third from left) and Maria Theresa Alquileta (fourth from left) of My Saving Grace with National Real Estate Association Chairman Andy Mañalac (left), Lamudi CEO Bhavna Suresh Chathambeth (second ...

PSBank warns vs cyber attacks
Philstar - 2017-04-18
MANILA, Philippines - Philippine Savings Bank (PSBank) has cautioned clients against cyber attacks as nine out of 10 Filipinos spend over four hours every day browsing the net, scrolling websites and clicking links. PSBank vice president for information ...

Banks to double number of kiddie savings accounts
Philstar - 2017-04-18
Additional participating banks include BPI Family Savings, Metropolitan Bank and Trust Co. (Metrobank), Rizal Commercial Banking Corp. (RCBC), Sterling Bank of Asia, United Coconut Planters Bank, and UCPB Savings Bank. Furthermore, she said the amended ...

DOTr moving main office to Clark in July
Rappler - 2017-04-18
"Construction of this is ongoing, we are already building roads, portions of it have already been awarded to private partners such as Filinvest Land," said Dizon. "But I think more important...is slowly we will be moving key government offices from ...

Supreme Court Justice Torres to be awarded degree
Guampdn - 2017-04-18
Guam Supreme Court Justice Robert J. Torres will be awarded an honorary Doctor of Laws degree from the Centro Escolar University Makati in the Philippines Thursday, according to a statement from the Judiciary of Guam. When Torres receives his degree on ...

They come in 3s: PH says goodbye to giants of corporate world
Inquirer - 2017-04-18
and former chair of power-based conglomerate Aboitiz Equity Ventures Inc., passed away at the age of 67 on Thursday. Yuchengco, apart from leading the YGC group, was former Philippine permanent representative to the United Nations. He likewise served as ...

Lender leads in energy-efficient buildings
BusinessMirror. - 2017-04-18
Union Bank of the Philippines (UnionBank) is leading the industry in so-called green buildings with higher certifications from the Leadership in Energy and Environmental Design (LEED). Bank executives on Monday reaffirmed their commitment to operate more ...

Serving the Rich, Elite and Criminally Insane Capitalists: The Unsilencing of Intellect
Dissident Voice - 2017-04-18
I see this same intense yammering on about generals and captains of industry, about this or that vice president, this or that scum-bucket in high office ... in Mexico City than you might ever get from a college educated worker from Amazon.com.

2GO profit jumps 24% in 2016
Philstar - 2017-04-18
MANILA, Philippines - Logistics company 2GO Group Inc. reported a 24 percent increase in its 2016 income to P1.34 billion. Operating income grew 40 percent to P2.53 billion, while operating margin improved to 13 percent from 11 percent in 2015. In a ...

Ex-PCGG chair Sabio charged for embezzling cash advances
Philippine Daily Inquirer - 2017-04-18
In the second graft charge, the prosecution accused Sabio of willfully, criminally, and unlawfully persuading, inducing or influencing his brother Justice Sabio, when he suggested to his brother to help the GSIS in the ownership row with Meralco pending ...

In South Florida, green iguanas spread into suburban scourge
Philstar - 2017-04-18
Janet Sarno, board chairwoman at King's Point Imperial Condo, hired Wood because the number ... said Rory Feeney, the district's land resources bureau chief. "Burrowing in these levees, particularly around structures, can cause hydraulic eddies and can ...

Fuel prices raised anew today
Philstar - 2017-04-18
... Corp., Phoenix Petroleum Philippines Inc. and PTT Philippines Corp. said gasoline prices will be up by P0.45 per liter and diesel by P0.65 per liter effective 6 a.m. Petron Corp., Pilipinas Shell Petroleum Corp. and Total Philippines Corp. have yet ...

SOLECO shares ways to conserve electricity consumption
news.pia.gov.ph - 2017-04-18
This will be aired this weekend, Saturday and Sunday, April 22 and 23, at 9:00 in the morning. Foremost, and the most basic energy conservation tip, is to turn off gadgets and other home appliances when not in use, said Benson Mindajao, member services ...

PNB sells P3B deposit notes
Inquirer - 2017-04-18
Tycoon Lucio Tan-led Philippine National Bank expects to raise at least P3 billion from its offering of high-yielding deposit notes maturing in 5 years and six months. PNB has offered a second tranche of long-term negotiable certificates of time deposits ...

Manila Water sees resolution of arbitration case by 2018
Philstar - 2017-04-17
MANILA, Philippines - Ayala-led Manila Water Co. Inc. expects an international arbitration panel to issue by next year a resolution on its case against the government. It was in December 2015 when the water company filed a notice of arbitration with the ...

Phoenix Petroleum appoints former Shell exec as new COO
Philstar - 2017-04-17
MANILA, Philippines - Listed independent oil player Phoenix Petroleum Philippines Inc. has taken in a former Shell executive as its chief operating officer. The company appointed Henry Albert "Bong" Fadullon as COO effective Monday, replacing Romeo ...

Manila Water to submit scaled-up proposals in projects in both Myanmar and Indonesia
BusinessMirror - 2017-04-17
MANILA Water Co., the water concessionaire for the East Zone ... in September last year to 23 percent in just three months. Aside from sister company Ayala Land Inc., Rivera said they have also been tapped by SM Development Corp. for five residential ...

East Ortigas Mansions
www.dotproperty.com.ph - 2017-04-17
Units for sale in East Ortigas Mansions: 10 units currently available from ... shopping centers such as ESI, Imperial One Surplus Center and John Kenner Shoes Couture, restaurants such as Hapag Kainan, Farinas Ilocos Empanada and Rem's, and the public ...

Palace issues stay order for Lepanto
thestandard.com.ph - 2017-04-17
MANKAYAN, Benguet--The Office of the President recently issued a stay order preventing government agencies from executing the suspension order on the embattled Lepanto Consolidated Mining Co. after it filed its allowable appeal to the Palace on time.

The Roberto Aboitiz legacy lives on after his passing
cebudailynews.inquirer.net - 2017-04-17
Lawyer Augusto Go, University of Cebu president, said he fondly remembers Aboitiz back when they asked him to be a member of the Sacred Heart School Ateneo de Cebu Board of Trustees. "He willingly accepted our offer and later on became the chairman of ...

B.I.R.: Lucio Tan has no pending P30-billion tax-evasion case
BusinessMirror. - 2017-04-17
For this year, he was ranked 501st, with $3.7 billion. His LT Group has interests in various industries, including tobacco, spirits, banking and property development. Dulay said if other big companies are found among those businesses not paying correct ...

Oil prices on the rise again
BusinessMirror. - 2017-04-17
The announcement of Phoenix Petroleum, Seaoil, PTT and Eastern Petroleum was made on Monday afternoon. Other oil firms are expected to follow. On April 10 oil firms implemented a P0.90-per-liter hike in diesel and P1.10-per-liter increase in gasoline.

SBS secures P2.5-billion loan from Security Bank
BusinessMirror. - 2017-04-17
CHEMICAL trader SBS Philippines Corp. on Monday said it secured a P2.5-billion term loan from Security Bank Corp., to be used to bankroll purchases of property-related investments. "The loan from Security Bank will ensure we have the resources available ...

Yuchengo, Que, Aboitiz passed away during Lent
thestandard.com.ph - 2017-04-17
a director of conglomerate Aboitiz Equity Ventures, passed away on April 14. Yuchengco, who served as the Philippine ambassador to China from 1986 to 1988 and to Japan from 1995 to 1998, was the founding chairman the Yuchengco Group of Companies.

Stocks decline; RCBC, Cemex up
thestandard.com.ph - 2017-04-17
Losers outnumbered gainers, 106 to 74, while 50 issues were unchanged. Nine of the 20 most active stocks ended in the green, led by MRC Allied Inc. which surged 10.3 percent to P0.32 and Rizal Commercial Banking Corp. which climbed 8 percent to P42.10.

Manila Water to submit scaled-up proposals in projects in both Myanmar and Indonesia
BusinessMirror. - 2017-04-17
Aside from sister company Ayala Land Inc., Rivera said they have also been tapped by SM Development Corp. for five residential projects and will be signing up for five more by early next year.

Luzon power supply back to normal
thestandard.com.ph - 2017-04-17
Our site management team and our contractors have been tirelessly working since last week including through the Holy Week break," First Gen Corp. vice president Jerome Cainglet said. First Gen owns the 1,000-MW Sta. Rita, 500-MW San Lorenzo, 414-MW San ...

Alfonso T. Yuchengco, 94
Inquirer - 2017-04-17
He likewise served as Philippine ... University, New York, USA in 1950. He holds several Honorary Doctorate Degrees from universities in the Philippines, Japan and the United States. He holds MBA from Ramon V. del Rosario Sr. Graduate School of Business.

Phinma Energy revives bid to develop hydropower
Philstar - 2017-04-17
MANILA, Philippines - Phinma Energy Corp. is eyeing hydropower and waste-to-energy projects as part of efforts to further expand its renewable energy portfolio, The company is undertaking studies in developing the Ilog hydropower service contract (HSC) in ...

PH-Thailand duel up at ICTSI golf
thestandard.com.ph - 2017-04-17
Pauline del Rosario banners the local challenge with the former amateur hotshot all primed up for a shot at a maiden victory in the circuit backed by Custom Clubmakers, BDO, Meralco, Sharp, KZG, PLDT, Champion, Summit Mineral Water and K&G Golf.

Art Lozano's 'Vintage Beauty' at ArtistSpace
thestandard.com.ph - 2017-04-17
MetroBank Art and Design Excellence National Competition, GSIS Art Award, and the Philip Morris Art Award. He has also participated in many international art expositions such as: the Philippine Korea Art Exchange in South Korea (2012), and the Tsunami ...

Battleground in Tarlac
BusinessMirror. - 2017-04-17
THE Philippine Ladies Golf Tour resumes today with six stars from Thailand slugging it out with the leading local players in the P1-million International Container Terminal Services Inc. (ICTSI) Luisita Ladies Challenge at the Luisita Golf and Country Club ...

The convergence of the arts at León Gallery
Philstar - 2017-04-17
Ossorio was a Spanish sugar baron who founded the Victorias Milling company in Negros in 1919. After studying fine arts in Harvard and the Rhode Island School of Design, he became an abstract expressionist artist and eventually settled in East Hampton ...

2 NPA rebels dead, arms and ammo recovered in Agusan del Sur clash
news.pia.gov.ph - 2017-04-17
Troops responded to a report from the concerned civilians that a group of fully armed NPA bandits are harassing ... and subversive documents. Col. Cristobal Zaragoza, 401st Infantry Brigade Commander ordered the 26th Infantry Battalion to conduct pursuit ...

Meet Florida's legal drug cartels
The Tampa Tribune - 2017-04-17
Executive team: Dolores McCrory, owner of McCrory's Sunny Hill Nursery; Craig Roberts, co-founder; Frankie Shroyer, executive director; Brian Brescia, Global Trust investment ... operate under a parent company called Cansortium Holdings LLC.

Duterte irked at having to spend billions for drug rehab
Philippine Daily Inquirer - 2017-04-17
According Dominador Say, administrator of the Philippine Overseas Employment Administration (POEA), 138 stranded Filipinos arrived on Monday morning onboard the special Saudia Airlines flight made under the auspices of Saudi King Salman bin Abdulaziz Al Saud.

Century Properties enters mass-housing market with PHirst Park Homes in 2017
BusinessMirror. - 2017-04-17
LISTED real-estate developer Century Properties Group (CPG) Inc. recently entered the affordable-housing category with the introduction of its PHirst Park Homes. "It is a premium brand within the affordable-housing category that celebrates the very ...

PSEi falls below 7,600
Inquirer - 2017-04-17
Globe Telecom, ICTSI, BDO, ALI and SM Prime all slipped. On the other hand, AEV gained 1.06 percent while Security Bank, DMCI, Jollibee, SMIC and AC all firmed up. Outside of the PSEi, one notable gainer was Cemex which rebounded by 3.79 percent.

Economic Times - 2017-04-17
Schneider has teamed up with Temasek, the Singapore's state investment company for the buyout, while Eaton has re-engaged after their 2011 bilateral discussions with L&T, fell through. Delta Corp's hotel in Daman, which is India's largest integrated casino ...