Which bank branches are open during Holy Week?
blog.coins.ph - 2017-04-12
April 16 - All China Bank branches will be closed except for the SM North branch. Philippine National Bank (PNB) April 13 - Selected PNB branches will be open. April 14 - All PNB branches nationwide will be closed. April 15 - Selected PNB branches will be ...

Davao chocolate museum symbol of PH-Mexico ties
news.pia.gov.ph - 2017-04-12
The Philippines in turn has investments in Mexico like port development (ICTSI), distilled spirits (Emperador Brandy). The envoy said that currently Mexico as among the top investors in the country. And is bullish with the trade relations between the two ...

Developers to add 4,000 new hotel rooms this year
BusinessWorld Online - 2017-04-11
DoubleDragon Properties Corp. plans to construct five more Jinjiang hotels this year, while Ayala Land, Inc. will open its 250-room homegrown Seda hotel in Circuit Makati and the 440-room Seda hotel in Vertis North, Quezon City. Colliers sees at least 6.6 ...

The return of Bobby Ongpin
thestandard.com.ph - 2017-04-11
After People Power of 1986, Bobby went on his own, first in Hong Kong and later, here in Manila where he readily put up or acquired control of five major companies--PhilWeb, ISM Communications Corp., Atok Big Wedge, Alphaland Corp., and PBCOM. Ongpin is ...

Mocha in Middle East to boost OFW morale -- Palace
Philstar - 2017-04-11
Duterte has arrived in the Kingdom of Saudi Arabia for a two-day state visit, Malacañang reported. Philippine Airlines flight PR001, carrying the President and his delegation, landed at 9:43 p.m. local time (2:43 a.m. in Manila) at the King Khalid ...

The return of Bobby Ongpin
thestandard.com.ph - 2017-04-11
After People Power of 1986, Bobby went on his own, first in Hong Kong and later, here in Manila where he readily put up or acquired control of five major companies--PhilWeb, ISM Communications Corp., Atok Big Wedge, Alphaland Corp., and PBCOM. Ongpin is ...

Muslim pilgrims pinning hopes on direct Davao-Medina service
BusinessWorld Online - 2017-04-11
DAVAO CITY -- The National Commission of Muslim Filipinos (NCMF) hopes Philippine Airlines (PAL) will go ahead with a plan to offer direct service from Davao to the holy city of Medina, in Saudi Arabia, to cater to the Muslim pilgrim market. NCMF-Region XI ...

PAL Holdings books P3.6-billion profit in 2016
BusinessWorld Online - 2017-04-11
PAL HOLDINGS, Inc., the listed operator of Philippine Airlines, saw its profit drop last year, dragged by an 8% increase in expenses. In its annual report submitted to the Philippine Stock Exchange, the Lucio C. Tan-led carrier said its net income fell 39% ...

February sees overseas sales of goods, factory output grow
BusinessWorld Online - 2017-04-11
Union Bank of the Philippines chief economist Ruben Carlo O. Asuncion ascribed the improvement in exports so far this year to "the slightly improving advanced economies." "Prospects for more opportunities to export inputs and finished products may ...

Phinma Energy not giving up on LNG project in Pangasinan
BusinessWorld Online - 2017-04-11
Mr. Reyes said the project would be under Phinma Energy subsidiary Trans-Asia Petroleum Corp., where he is also executive vice-president and chief operating officer. For now, he said Phinma Energy is studying the construction of a 300-megawatt (MW ...

Market retreats; Bloomberry climbs
thestandard.com.ph - 2017-04-11
Losers outnumbered gainers, 118 to 87, while 47 issues were unchanged. Ten of the 20 most active stocks ended in the green, led by casino operator Bloomberry Resorts corp. which climbed 4 percent to P8.69 and GT Capital Holdings Inc., the holding company ...

SEC rejects LBC Express share sale
thestandard.com.ph - 2017-04-11
The Securities and Exchange Commission will reject the P1.2-billion planned follow-on offering of courier operator LBC Express Holdings Inc. of the Araneta Group. Informed sources said the corporate regulator was drafting a letter informing the company ...

Saudi woman seeking asylum in Australia repatriated from PH
Philippine Daily Inquirer - 2017-04-11
Lasloom was a passenger of a Philippine Airlines flight PR 669 from Kuwait to Manila, which arrived at 3:30 am Monday, and was supposed to take an 11 a.m. connecting flight to Sydney, Australia the same day. According to personnel at the NAIA Terminal 2 ...

Implementing Philippine broadband: The complex web of challenges
Philstar - 2017-04-11
Cordoba said the Ayala Alabang Village alone south of Metro Manila occupies an estimated 700 hectares of land and there is only one cell site inside the village. Forbes Park (150 to 300 hectares) and Dasmariñas Village (300 to 400 hectares), both in ...

RCBC TeleMoney widens global reach
Philstar - 2017-04-11
MANILA, Philippines - The remittance arm of Rizal Commercial Banking Corp. (RCBC) has further expanded its international network to cater to more Filipinos across the world. RCBC TeleMoney has tied up with Kabayan Remit and Speed Money Transfer Japan K.K ...

Trans-Asia changes name, goes into geothermal business
Philstar - 2017-04-11
MANILA, Philippines - Trans-Asia Petroleum Corp. is changing its corporate name to Phinma Petroleum and Geothermal Inc., signalling its entry into the geothermal exploration and production sector. The company said it has amended its articles of ...

Conglomerates taking steps to future-proof their business
BusinessWorld Online - 2017-04-11
"They are making a long-term bet because that is the future," COL Financial Group, Inc. Vice-President and Head of Research April Lynn L. Tan said. "Clearly at this stage it is not yet profitable, but they are already taking positions." The Ayala ...

Developers to add 4,000 new hotel rooms this year
BusinessWorld Online - 2017-04-11
DoubleDragon Properties Corp. plans to construct five more Jinjiang hotels this year, while Ayala Land, Inc. will open its 250-room homegrown Seda hotel in Circuit Makati and the 440-room Seda hotel in Vertis North, Quezon City. Colliers sees at least 6.6 ...

MPIC to reduce stake in Maynilad
BusinessWorld Online - 2017-04-11
That may include a bid to expand an airport in Clark, a former US military base north of the capital. A venture of JG Summit Holdings, Inc. and Filinvest Development Corp. has tendered a P187-billion proposal to upgrade and expand the Clark airport under a ...

Lepanto Mining suspension put on hold
BusinessWorld Online - 2017-04-11
THE Office of the President confirmed that the order of the Department of Environment and Natural Resources (DENR) to suspend Lepanto Consolidated Mining Company has been put on hold. "This office confirms that in view of the timely filing of the appeal ...

Meralco customers to pay more
BusinessWorld Online - 2017-04-11
CONSUMERS in Metro Manila and surrounding areas can expect to pay more this month for electricity as the base rate rises to P0.23 per kilowatt-hour (/kWh) to P9.898/kWh from P9.67/kWh in March, Manila Electric Co. (Meralco) said on Monday. Meralco ...

ASEAN Tourism Association announces new leadership
E TN Global Travel Industry News - 2017-04-11
Mr. Sabli Arsad (President of Association of Travel Agents Brunei), Mr. Charlie Yu (Consultant, Philippine Airlines) and Mr. Jackie Thet (President of Union of Myanmar Travel Association) were elected as Management Committee Members. ASEANTA President ...

GMA Network Excellence Award expands to recognize two outstanding students
GMANetwork.com - 2017-04-11
Pernia, President of University of the Philippines, College of Mass Communication Foundation, Inc., Dr ... [graduating this school year] 2016-2017." For this year, two awardees shall be chosen (one from Communication and one from Technology-based ...

Luzon grid on alert due to quakes
Philstar - 2017-04-11
Calaca 2 (300 MW) and SLPGC (150 MW) were also affected, but were able to reconnect to the grid. First Gen Corp., the owner of Avion, San Lorenzo and San Gabriel, said the gas plants were not damaged by the quakes. However, the tremors affected various ...

Geri income surges 50% in 2016
Philstar - 2017-04-11
Apart from GERI, other real estate subsidiaries of Megaworld are Suntrust Properties Inc. and Empire East Holdings Inc. of which it holds 100 percent and 82 percent stake, respectively. Business ( Article MRec ), pagematch: 1, sectionmatch: 1

The next BSP chief
thestandard.com.ph - 2017-04-11
Favila. There is also East West Bank president Antonio C. Moncupa Jr. Among these, I support Espenilla. He strengthened the Philippine banking system to the point that our banks today are known to be the strongest in the Asean region. They have a healthy ...

With Britain leaving Europe, can London remain a capital of the world?
BusinessMirror. - 2017-04-11
LONDON--Saint Pancras International rail station, a wonder of Victorian architecture resurrected for the 21st century, opened 10 years ago as ... filled with swimming pools and parking garages for homes they planned to live in only a couple of weeks ...

First Gen Corp (FGEN)
investing.com - 2017-04-11
Investing.com - Philippines stocks were higher after the close on Wednesday, as gains in the Industrials, Property and Holding Firms sectors led shares higher. At the close in Philippines, the PSEi ... Philippines stocks lower at close of trade; PSEi ...

ASEAN Economic Ministers Roadshow Held
経済産業省 - 2017-04-11
2017, the ASEAN Economic Ministers Roadshow (AEM Roadshow) was held in Japan ... and ASEAN economic ministers and other officials visited Tokyo, Kyoto, Osaka and Wakayama (for the participants from the ASEAN side, see Appendix 1). These ASEAN ministers ...

PHINMA Energy pins hopes on DOE's new renewable energy policy
Rappler - 2017-04-11
MANILA, Philippines - PHINMA Energy Corporation plans to hold off coal projects for now as it pins its hopes on the government's new renewable energy (RE) policy, its chief said on Tuesday, April 11. "We don't plan on more coal projects for the time ...

Two dead, two hurt in murder-suicide at US school -- police
Philippine Daily Inquirer - 2017-04-10
Pakistani-born Malik -- who met her future US-born husband on a Muslim dating website and married him in Saudi Arabia -- had pledged allegiance to the Islamic State group on Facebook ... rule required the Social Security Administration to send in the ...

Kirkland Steers Bain, Cinven In $5.6B German Pharma Co. Buy
Law 360 - 2017-04-10
Law360, New York (April 10, 2017, 5:50 PM EDT) -- Bain Capital and Cinven, led by Kirkland & Ellis LLP, will buy out German pharmaceutical company Stada Arzneimittel AG in a deal worth ... Herfs and Anna Schwander; debt finance partner Wolfgang Nardi ...

Market tops 7,600; Cebu Air up
thestandard.com.ph - 2017-04-10
Stocks advanced Monday, with the benchmark index topping the 7,600-point level for the first time in six months, as Asian investors weighed the impact of the American jobs report and the path for US monetary policy tightening. The Philippine Stock Exchange ...

2Go Group names Uy new president as Tagud retires
thestandard.com.ph - 2017-04-10
2Go Group Inc. said Monday it appointed a new president after the entry of new investors. The board of 2Go Group appointed Dennis Uy as its new president and chief executive officer following the decision of Sulficio Tagud Jr. to retire both from the ...

Higher fuel prices for Lenten travelers
Philstar - 2017-04-10
Eastern Petroleum Corp. and PTT Philippines Corp. also said that gasoline and diesel prices would be hiked by 35 centavos per liter effective 6 a.m. Petron Corp., Phoenix Petroleum Philippines Inc., Pilipinas Shell Petroleum Corp. and Total Philippines ...

The next BSP chief
thestandard.com.ph - 2017-04-10
Favila. There is also East West Bank president Antonio C. Moncupa Jr. Among these, I support Espenilla. He strengthened the Philippine banking system to the point that our banks today are known to be the strongest in the Asean region. They have a healthy ...

Duterte: No weapons in island occupation
Philstar - 2017-04-10
"And nearest to us are the 10 islands and I have it on good authority ... We need to prioritize its protection, including the Benham Bank as a no-take zone," Oceana Philippines vice president Gloria Ramos said. Oceana is pushing for a management ...

Exceptional performance
Inquirer - 2017-04-10
GMA Holdings Inc (GMAP); and GMA Network Inc. You may reach the Market Rider at marketrider@inquirer.com.ph, densomera@msn.com or at www.kapitaltek.com

Trauma counseling for quake victims
Philippine Daily Inquirer - 2017-04-10
Residents of Mabini and Tingloy, the towns hardest hit by the series of earthquakes in Batangas province last week, suffered from trauma as they still refused to return to their homes due to continuing ... was built in the 14th century, although the ...

NBI, Immigration probe PH firm that sought work visas for 2 terror suspects
interaksyon.com - 2017-04-10
Immigration records showed al-Dhafiri had started going in and out of the Philippines since January 2016 ... Systems imposes a mandatory fee of P 5,483 to be deposited in a Metrobank account in their name before the OFW is allowed to take the medical ...

Why the stock market is going up
BusinessMirror. - 2017-04-10
and International Container Terminals Inc. had an 18.29-percent increase. But there were also big losers. Metro Pacific Investments Corp. and DMCI Holdings both lost over 10 percent. Fourteen of the 30 Philippine Stock Exchange Composite Index (PSEi ...

LUZON GRID ON RED ALERT | Batangas quakes damage power plants, affecting electricity reserves
interaksyon.com - 2017-04-10
This was the reason why some areas were not yet experiencing any brownouts as long as the peak load weren't being breached. Meralco spokesperson Joe Zaldarriaga said the distribution utility would make announcements regarding any expected brownouts through ...

DoubleDragon more than doubles income in 2016
Rappler - 2017-04-10
MANILA, Philippines - DoubleDragon Properties Corporation, a venture between a firm of Edgar "Injap" Sia II and Tony Tan Caktiong's company, saw its net income more than doubling to P1.47 billion in 2016, after its recurring revenue almost tripled.

DoubleDragon to raise P9.7 B from sale of bonds
Philstar - 2017-04-10
MANILA, Philippines - DoubleDragon Properties Corp., the listed property and mall developer of Mang Inasal founder Edgar "Injap" Sia II and Jollibee Foods Corp. chairman Tony Tan Caktiong, is going back to the debt market this year with a plan to raise ...

Binay to Makatizens: Keep calm, follow quake safety tips
news.pia.gov.ph - 2017-04-10
During emergencies, Makatizens may contact Nationwide Emergency Hotline 911, Emergency Hotline 168 (PLDT) of the Makati Command Control & Communication (Makati C3) Center. Other PLDT numbers connecting to 168 include 870-1920, 870-1923, 870-1926 ...

Gatchalian seeks leave to attend energy forum in Germany
Philippine Daily Inquirer - 2017-04-10
Pichay said he was denied of his constitutional right to a speedy disposition of his case. Meanwhile, Gatchalian, as then officer of Forum Pacific Inc. (FPI), appealed the finding of probable cause for graft, noting that FPI as a corporate shareholder of ...

Zapote Road, Las Piñas
clickthecity.com - 2017-04-10
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 ...

Metrobank-MTAP-DepEd Math Challenge national finals set on April 22
news.pia.gov.ph - 2017-04-10
ZAMBOANGA CITY, April 11 (PIA) - - The Metrobank Foundation, Inc. in partnership with the Department of Education and the Mathematics Teachers Association of the Philippines (MTAP) announces the schools which made it to the National Finals of the 2017 ...

Republic Cement studies expansion in Mindanao
Philstar - 2017-04-09
MANILA, Philippines - Republic Cement and Building Materials Inc. looks at more possible expansions in Mindanao, which has become a darling for investments since the start of the Duterte administration. Mindanao is seen as a new investment destination ...

C3 Expressway needed to ease Manila traffic
thestandard.com.ph - 2017-04-09
The Metro Pacific Group is supporting the proposal of conglomerates Ayala Corp. and SM Group to build the C3 Elevated Expressway ... to congested Edsa and improve access to the Manila Bay development areas, the Makati central business district and the ...