SMIC acquires minority stake in 2Go Group
Philstar - 2017-04-01
Aside from its retail presence, SMIC is also into banking through BDO Unibank Inc. and China Banking Corp., and in property through SM Prime Holdings Inc. Analysts expert conglomerates in the country to place bigger bets in the lucrative and less regulated ...

NPA rebels torch construction firm equipment in Kalinga
Philstar - 2017-04-01
Earlier in February, communist guerillas torched two dump trucks of the Philex Mining Corporation in Ampucao, Itogon, Benguet. Nation ( Article MRec ), pagematch: 1, sectionmatch: 1

The internet and entertainment bundle you love just got even better with MacBook Pro!
mysky.com.ph - 2017-04-01
Valid only if monthly bills are paid in full. Allowed banks are BPI, Citibank, Eastwest Bank, PNB/ABI, RCBC, Union Bank ***Participating Power Mac Center stores: MAKATI: Greenbelt 3, Power Plant Mall; TAGUIG: SM Aura; SOUTH: Festival Mall, SM Southmall ...

How the makers of Century Tuna stay afloat amid changing tastes
Rappler - 2017-04-01
MANILA, Philippines - Consumer tastes are branching out and so is the Philippines' largest canned food company, Century Pacific Food Incorporated. Business intelligence firm Euromonitor said canned or preserved food packaging volume sales in the ...

Villar leads ground breaking ceremony for wetland park
senate.gov.ph - 2017-04-01
PNP Maritime Group; Manila Bay SUNSET Partnership Program Incorporated; Metro Pacific Investments Foundation (Shore It Up); Ministry of Ecology, Archdiocese of Manila; Ecowaste Coalition; Earth Island Institute; Mother Earth Foundation; Oceana Philippines ...

Subic Bay Dev't Industrial Estate Corp. (SUDECO)
jobstreet.com.ph - 2017-03-31
Subic Bay Development & Industrial Estate Corporation (SUDECO) is a private real estate holding company currently in partnership with Ayala Land Inc. in developing Anvaya Cove in Morong, Bataan. Its main office is located in Makati City, Metro Manila.

Filinvest earns 21% more in 2016
Philstar - 2017-03-31
Meanwhile, the property group, composed of Filinvest Land Inc., Filinvest Alabang Inc. and the hotel business also made significant contributions, raking in P24.2 billion in revenues or an increase of eight percent year on year. This comprised 39 percent ...

Wilcon Depot stocks rise in market debut
Philstar - 2017-03-31
MANILA, Philippines - Shares of Wilcon Depot Inc. closed slightly higher in their first day of trading ... an IPO are Eagle Cement Corp. (P9.2 billion), Cebu Landmasterz (P3.8 billion), Audiowav (P2.7 billion), Pure Energy Holdings (P1.5 billion ...

Filinvest registers net profit of P8.5b
thestandard.com.ph - 2017-03-31
Filinvest Development Corp., the listed holding company of the Gotianun family, registered a net income of P8.5 billion in 2016, up 21 percent from a year ago, on the back of the strong performance of the banking and real estate businesses. Filinvest said ...

Ayala-SM proposes P25-B Mla to MOA tollroad
Philstar - 2017-03-31
MANILA, Philippines - The infrastructure arm of Ayala Corp. and SM Investments Corp. have teamed up to submit a P25- billion unsolicited proposal to build an 8.6-kilometer elevated tollroad from Sta. Mesa in Manila (linking Skyway Stage 3) to the Mall of ...

Mondilla seeks ICTSI Manila Masters repeat
Philstar - 2017-03-31
But he toughened up back home at Del Monte during the month-long break after the Phl Open, hopeful of putting it all together for another title crack in the P3 million event sponsored by ICTSI and backed by BDO, KZG, Custom Clubmakers, Meralco, Sharp ...

Blueprints for the future
Philstar - 2017-03-31
BluPrint curated this content, partially culled from an earlier exercise with the Metrobank Foundation. This was a competition with a theme that aimed to elicit architectural snapshots of the future. The rest of the book added to this original source ...

Alvarez holds on amid reported ouster plot
BusinessMirror. - 2017-03-31
Floirendo Management and Investment Corp. (Anflocor), told the BusinessMirror on Wednesday ... packaging production, real estate, trucking, resort development, food production and services, merchandising, financing and radio operation.

Banking, property units boost Filinvest 2016 profit
Inquirer - 2017-03-31
Banking subsidiary East West Bank grew its net income last year by 70 percent to P3.4 billion while the property group--including listed subsidiary Filinvest Land Inc. (FLI), Filinvest Alabang Inc. and the hotel group--posted an 8-percent increase in ...

Humdrum activities put market to sleep; PSEi down 0.29 percent
Inquirer - 2017-03-31
ICTSI and PLDT gained over 2 percent while Jollibee also gained 1.54 percent. SM Investments, Metrobank, Security Bank, Semirara, URC, Ayala Corp. and Globe also firmed up. Apart from Wilcon, another notable gainer outside of the PSEi included Bloomberry ...

Stocks drop in mixed trading
thestandard.com.ph - 2017-03-31
Gainers, however, beat losers, 102 to 86, with 42 issues unchanged. GT Capital Holdings Inc. of tycoon George Ty declined 2.7 percent to P1,145, while major property developer Ayala Land Inc. dropped 2.4 percent to P33.05. Wilcon Depot Inc. debuted in the ...

Filinvest registers net profit of P8.5b
thestandard.com.ph - 2017-03-31
Filinvest Development Corp., the listed holding company of the Gotianun family, registered a net income of P8.5 billion in 2016, up 21 percent from a year ago, on the back of the strong performance of the banking and real estate businesses. Filinvest said ...

Alsons profit surges 69% in 2016
Philstar - 2017-03-31
MANILA, Philippines - Alsons Consolidated Resources Inc. (ACR) reported a 69 percent surge in net income last year to P317 million on the back of higher revenues. Consolidated revenues jumped 42 percent to P7.07 billion. In its disclosure to the local ...

Alabang soon to have mid-rise condo
thestandard.com.ph - 2017-03-31
Held on Jan. 25 at Amaia Steps Alabang along Alabang-Zapote-Road, Las Piñas, the topping off ceremony was attended by key officials from Amaia Land and Makati Development Corporation (MDC ... like Alabang Town Center and SM Southmall, hospitals such ...

Smart franchise still awaiting Duterte signature
BusinessWorld Online - 2017-03-31
The Senate-approved bill also deleted the term "co-use" in the application of the franchise so that the word would not be invoked in anti-competition practices, recognizing the duopoly of Smart and rival Globe Telecom, Inc. "The franchise shall be ...

BFP reminds public to always prioritize fire safety and prevention at home
news.pia.gov.ph - 2017-03-31
Philex Mining Corporation and Ifugao Governor Pedro Mayam- o led the awardees that included individuals and media partners, both from the government and private sector. Winners in the Fire Prevention Month contests (essay writing, photo, poster and drawing ...

Leading franchising developer partners with PLDT Enterprise
Philstar - 2017-03-31
MANILA, Philippines -- PLDT Enterprise, through its micro, small and medium enterprise (MSME) arm PLDT SME Nation, formally inked its partnership with Francorp Philippines through a memorandum of agreement signing that is set to bring the local ...

LIST: 5 tech toys for the big girls
Philstar - 2017-03-31
Convenience store chain 7-Eleven opened its 2,000th store in the Philippines recently at the LV Locsin Building, 6752 Makati Avenue, Legazpi Village, Makati. The store chain celebrates this feat with a concert at the Bonifacio Global City Amphitheater ...

GMA NMI wins at the Mob-Ex Awards in Singapore
GMA Network - 2017-03-31
GMA New Media Inc. (GMA NMI), a wholly owned subsidiary of GMA Network Inc., was announced the BRONZE winner in Best App - Community Service at the fifth edition of Mob-Ex Awards, held at Shangri-La Hotel Singapore. The win is for the GMA News Online ...

COCKTALES | Amid record profits, big business paying lower income taxes
interaksyon.com - 2017-03-31
Despite the statutory 30 percent corporate income tax rate, Ayala Corp. in 2016 paid an effective income tax rate of 19.48 percent; SM Investments ... For instance, Cebu Property Ventures and Development Corp., with its partner the provincial government ...

Kobe Shinwa University makes PSL debut, takes down Foton in four sets
sports.tv5.com.ph - 2017-03-31
The scores were 25-19, 23-25, 27-25, 25-18 and 15-12, Generika comng out on top. The second game was between Petron and Cignal HD. Cignal handed Petron its first defeat of the league, beating the Balze Spikers in four sets, 25-22, 18-25, 25-15 and 25-19.

If needed: Mayor to take case vs bank to SC, Duterte
Philstar - 2017-03-30
CEBU, Philippines -Cebu City government from closing BDO Unibank Inc. branches pending trial of the case, Mayor Tomas Osmeña remained in a fighting mode, saying he will take the battle to the Supreme Court and the Office of the President if necessary.

Treasury raised P70B in latest RTB issuance
Philstar - 2017-03-30
Land Bank of the Philippines, Metropolitan Bank and Trust Co., Philippine Bank of Communications, Philippine National Bank, Rizal Commercial Banking Corp., Security Bank Corp., Standard Chartered Bank, and United Coconut Planters Bank. (FREEMAN)

Vintage PH Open show from Martes
thestandard.com.ph - 2017-03-30
Also making a strong performance in the first day of this prestigious tourney that is presented by the City of Ilagan and sponsored by Ayala Corporation with Milo, Philippine Sports Commission and International Amateur Athletics Federation as co-presentors ...

Another war between Rody allies: Lopez vs Dominguez
Philstar - 2017-03-30
MANILA, Philippines - Her decision to close down 23 big mining firms is final and cannot be overturned by the Mining Industry Coordinating Council (MICC), Environment Secretary Gina Lopez said yesterday. "They are not my boss. The only one who can tell ...

PH millers dumping excess sugar
thestandard.com.ph - 2017-03-30
Coca Cola Femsa Philippines Inc. and Pepsi-Cola Products Philippines Inc. agreed to buy in advance their sugar requirements for 2018 to lessen the pressure on prices of sugar as some millers resorted to dumping the commodity outside their warehouses ...

PLDT targets P69-B revenue from homes, enterprises
Philstar - 2017-03-30
MANILA, Philippines - PLDT Inc. is targeting to generate P69 billion in revenue from the home and enterprise segments this year. PLDT chief revenue officer Eric Alberto said on the sidelines of a press conference for the launch of new business solutions ...

Rody honors 26 women entrepreneurs
Philstar - 2017-03-30
Given the Legacy Awards were Socorro Ramos (National Bookstore), Mercedes Gotianun (Filinvest Development Corp.), Corazon Ong (CDO Foodsphere Inc.), and Rosalind Wee (W Group of Companies) - who were recognized as "pillars in the community" and ...

Cignal halts Petron's streak
Philstar - 2017-03-30
MANILA, Philippines -- The Cignal HD Spikers dealt the Petron Blaze Spikers their first loss of the season, 25-22, 18-25, 25-15, 25-19 in the 2017 Philippine Superliga Invitationals at the FilOil Flying-V Centre in San Juan Thursday. The HD Spikers ...

EastWest Bank names Reyes new president
Philstar - 2017-03-30
The listed bank also named Maria Rita Nisperos as senior vice president and head of marketing. Reyes was appointed as CFO and head of treasury of Union Bank of the Philippines since January last year and served as senior executive vice president and ...

Filipino billionaires
thestandard.com.ph - 2017-03-30
92, owns 60 percent of SM Investments Corp., which owns the largest retailing chain, (SM, 60 malls in Philippines which are visited by 3.5-million people daily; seven malls in China); the largest property company, SM Prime Holdings; and the largest bank ...

NUJP fires back at Duterte for slamming Inquirer, ABS-CBN
cnnphilippines.com - 2017-03-30
"The President's remarks on ABS-CBN Corporation and Philippine Daily Inquirer is a complaint against unfairness and are not attacks against Philippine journalism," Abella said. "The President himself agreed with the adversarial role of media as check and ...

Coke, Pepsi seek use of PHL sugar bound for export markets
BusinessMirror. - 2017-03-30
Agriculture Secretary Emmanuel F. Piñol said multinationals Coca-Cola Femsa Philippines Inc. (CFPI) and Pepsi-Cola Products Philippines Inc. (PCPI) are requesting to have access to the local sugar classified as "D"--sugar shipped to countries other ...

Hotshots face hapless NLEX
thestandard.com.ph - 2017-03-30
TNT KaTropa point guard Jayson Castro sets up the TNT Ka Tropa offense while being hounded by Phoenix Petroleum defender RJ Jazul. TNT battles Blackwater at the Smart Araneta Coliseum tonight. Star dismantled GlobalPort, 103-77, last Saturday with everyone ...

Planbank opens 15th branch in Batangas City
BusinessMirror. - 2017-03-30
Among the member-companies of the ALC Group of Cos. are Fortune Insurance Group, Eternal Group, publicly listed Citystate Savings Bank, other financial services companies and the Aliw Media Group that includes CNN Philippines, the BusinessMirror ...

PLDT ties up with Cisco for enterprise business
BusinessMirror. - 2017-03-30
WITH the intention of elevating the networking experience of companies in the Philippines, PLDT Inc. struck on Thursday a partnership agreement with tech company Cisco to launch next-generation business solutions to its enterprise customers. The signing of ...

PAL approves equity restructuring
Philstar - 2017-03-30
In a disclosure to the Philippine Stock Exchange yesterday, PAL Holdings Inc. said the board approved to reduce the authorized capital stock to P18 billion divided into 30 billion common shares with a par value of P0.60 per share, from P30 billion divided ...

Batteries included as Hyundai amps up electric car ambitions
investing.com - 2017-03-30
While the platform will not be completed soon, Hyundai Motor and affiliate Kia Motors Corp (KS ... of an unidentified Genesis model in 2019. Hyundai will launch an electric SUV, followed by a sibling model by Kia Motors next year, Lee said, citing strong ...

Inspiring Filipina entrepreneurs
Philstar - 2017-03-30
CDO is known as one of the most established meat manufacturing brands in the country. Mercedes Gotianun, chairman emeritus of Filinvest Development Corp. is also one of the legacy awardees this year. Together with her late husband, Andrew Gotianun Sr.,

MPTDC raises stake in TMC to 67%
Philstar - 2017-03-30
MANILA, Philippines - The toll road unit of Metro Pacific Investments Corp. (MPIC) is increasing its stake in Tollways Management Corp. (TMC) to 67 percent from 60 percent through the acquisition of shares worth over P400 million. In a statement ...

26 hired on spot in Iligan Retail Job Fair 2017
news.pia.gov.ph - 2017-03-30
Cabañog clarified that the said Job Fair of the Robinsons Retail Holdings Incorporated was in partnership with the Local Government Unit (LGU) of Iligan City thru its Public Employment Service Office (PESO). Angeline T. Fin, 29 years old, married with one ...

NICANOR REYES EDUCATIONAL FOUNDATION, INC.
jobstreet.com.ph - 2017-03-30
Nicanor Reyes Educational Foundation, Inc. (FEU Diliman), is one of the schools of the Far Eastern University (FEU) group. It is a non-stock, non-profit educational institution at Sampaguita Avenue, Mapayapa Village, Diliman, Quezon City. It was ...

Sangley Point, seen to be the Philippine Global Gateway
Philippine Information Agency - 2017-03-30
the All-Asia Resources and Reclamation Corp. (ARRC) offered the P1.3 trillion project dubbed as Philippine Global Gateway (PGG) which involves the development of an airport, seaport and industrial estate off the coast of Sangley. The said business ...

Sangley Point, seen to be the Philippine Global Gateway
news.pia.gov.ph - 2017-03-30
the All-Asia Resources and Reclamation Corp. (ARRC) offered the P1.3 trillion project dubbed as Philippine Global Gateway (PGG) which involves the development of an airport, seaport and industrial estate off the coast of Sangley. The said business ...

Cray leads PH team hopefuls
thestandard.com.ph - 2017-03-29
A total of 17 gold medals from 10,000-meter run, shot put, high jump, 110-meter hurdles and long jump will be at stake in the opening salvo of this prestigious tournament presented by the City of Ilagan and sponsored by Ayala Corporation with Milo ...