Megaworld set to build new tower in Makati
thestandard.com.ph - 2017-02-15
Property developer Megaworld Corp. is expanding its residential condominium project in Makati City, the San Antonio Residence, with a new tower that would add 478 units. Megaworld launched the 40-story San Antonio Residence along Sen. Gil Puyat Avenue ...

SC rules with finality on Naga power plant
Philstar - 2017-02-15
excluding the portion therein granting to SPC (Power Corp.) the Right to Top," read a portion of the SC entry of judgment. The SC ruling further directed the Power Sector Asset and Liabilities Management Corp. (PSALM) to execute the Asset Purchase ...

Alvarez: Start building common station, with or without TRO
Philippine Daily Inquirer - 2017-02-15
When this was not followed, SM Prime sued the department in 2014 for breach of contract. Also affected were Light Rail Manila Corp., a venture between Ayala Corp. and the Manuel V. Pangilinan group that operates LRT-1, as well as San Miguel Corp., which is ...

Ties that bind: Lawyers, Duterte and Napoles
Philstar - 2017-02-15
Alcantara & Sons (ALSONS) Group of Companies in Davao City; and assistant vice president for Legal and head, Litigation Group of Security Bank. As president and chairman of the Vigilant Investigative and Security Agency, Calida secured a contract with the ...

Basic Energy sells 9% stake to Thai company
Philstar - 2017-02-15
MANILA, Philippines - Basic Energy Corp. will sell unissued shares to Thailand-based Vintage Engineering Public Co. Ltd. (VTE) in line with their joint development of renewable energy (RE) projects here and abroad. In a disclosure yesterday, Basic said it ...

Youth of our future
Philstar - 2017-02-15
and sponsors Michael Tan (LT Group) and Alice Eduardo (Sta. Elena Construction and Development Corp.). As parents, we only think of the best for our children. Even as small kids, we plan for their future by enriching them with values, enrolling them in the ...

To mine or not to mine?
Philstar - 2017-02-15
One of them is Philex Mining Corp. whose contribution, both to the local and national government, goes beyond just taxes and revenues from the minerals extracted. A significant part of their operating budgets go into social development and management ...

Share prices defy US, regional rallies
Philstar - 2017-02-15
The benchmark Philippine Stock Exchange index (PSEi) declined 32.54 points ... According to Jonathan Latuja, equity research analyst at Unicapital Securities Inc., the PSE index closed below 7,200 yesterday despite the rally in other Asian markets ...

Envi groups back Sec. Lopez on closure of mining companies
Mindanews - 2017-02-15
Nine out of the 37 are in Davao Region - four in Compostela Valley (Kingking Mining Corp., Alsons Development and Investment Co., Inc., King Eagle Exploration and Mining Corporation, Napnapan Mineral Resources, Inc.) and five in Davao Oriental ...

UP confers Gawad Oblation on 14 individuals
Philstar - 2017-02-15
Francis Escudero and former budget secretary Florencio Abad. The other awardees were I.B. Gimenez Group of Companies president Ignacio Gimenez, Robinsons Retail Holdings president and chief operating officer Robina Gokongwei-Pe, Sen. Loren Legarda ...

Voith upbeat on India, region; mulls third plant
The Hindu Business Line - 2017-02-15
The German multinational corporation Voith GmbH is upbeat on the business prospects in India and the Asia-Pacific region across various ... the need to transport goods and also due to retail and online sales, requiring superior packaging materials.

Local stocks continue to weaken as higher U.S. interest rates loom
Inquirer - 2017-02-15
Investors sold down shares of Metro Pacific and Jollibee, which both fell by more than 2 percent, while PLDT, Metrobank, BPI and Ayala Corp. all slipped by more than 1 percent. SM Prime, SM Investments, Semirara, BDO Unibank and Globe Telecom also slipped.

Ayala leisure unit spending P15 B for 9 new Seda hotels
Philstar - 2017-02-15
MANILA, Philippines - The hotel and resorts arm of Ayala Land Inc. is spending P15 billion over the next two years for the development of nine hotels under its Seda brand. In a media briefing yesterday, Seda group director for sales and marketing Melissa ...

PLDT putting up P1-B Mindanao fiber optic link
Philstar - 2017-02-15
MANILA, Philippines - PLDT Inc. is set to complete this year the nearly P1 billion fiber optic cable link that directly connects the provinces of Agusan to Davao, providing reliable connectivity to more homes and businesses in Mindanao. Spanning nearly 320 ...

PCCI: Investors may dump PH over cancelled mining agreements
Rappler - 2017-02-15
Meanwhile, Philex Mining Corporation sought to reassure investors, as it questioned the DENR's findings on the MPSAs of its subsidiaries, Silangan Mindanao Mining Company, Incorporated (Silangan Mining) and Philex Gold Philippines, Incorporated (PGPI).

Crown Asia Chemicals Corp (CROWN)
investing.com - 2017-02-15
Crown Asia Chemicals Corporation, formerly Crown Asia Compounders Corporation, is engaged in operating, conducting and maintaining the business of manufacturing, importing, exporting, buying, selling or otherwise dealing in, at wholesale and retail such ...

PLDT to finish P1-billion input in fiber-optic cables in Mindanao
BusinessMirror. - 2017-02-15
DAVAO CITY--Digital services provider PLDT Inc. is poised to complete this year its P1-billion investment in fiber-optic cable links that will boost the capacity and strengthen the resiliency of its network in Mindanao. The cable link, which spans roughly ...

Global production networks and the need for industrial stock taking
BusinessMirror. - 2017-02-15
John West of Asian Century Institute sums it up as follows ... The point is that the global division of labor under the GPN system is also being shaken by the new labor-displacing technology. Labor economists call this displacement phenomenon as technology ...

Panasonic PHL eyes 20% sales hike to P12 billion this year
BusinessMirror. - 2017-02-15
PANASONIC Philippines is eyeing to increase sales by at least 20 percent this year, and for the long term, is charting to push for a bigger presence in beauty-care electronics. In an interview with reporters on Thursday, Panasonic Manufacturing Philippines ...

Roxas Holdings sees profits jumping to P400 million by end-2017
BusinessMirror. - 2017-02-15
RHI manages sugar firms Central Azucarera Don Pedro Inc. in Batangas, and Central Azucarera de la Carlota Inc. in Negros.

Roxas Holdings sees profits jumping to P400 million by end-2017
BusinessMirror - 2017-02-15
LISTED sugar producer Roxas Holdings Inc. (RHI) sees its bottom line soaring by nearly fourfold in fiscal year 2016-2017 to P400 million, from P101.6 million posted a year ago, a high-ranking official said. "[We] are pushing the business to achieve an ...

Here are the new LTO-approved temporary license plate designs
topgear.com.ph - 2017-02-15
The Department of Transportation (DOTR) and the Land Transportation Office (LTO) memorandum on temporary license plates is in effect beginning today, February 15, which means accredited dealers--both for cars and motorcycles--will be required to issue ...

Stocks extend losses; Megawide, ICTSI up
thestandard.com.ph - 2017-02-15
Losers outnumbered gainers, 108 to 87, while 47 issues were unchanged. Six of the 20 most active issues ended in the green, led by Megawide Construction Corp. which climbed 4.1 percent to P15.60 and port operator International Container Terminal Services ...

Banks adopt electronic check clearing system
Philstar - 2017-02-15
Among the compliant big Philippine universal and commercial banks, as of Feb.7, are Bank of the Philippine Islands, Metrobank, Philippine National Bank, Unionbank, Rizal Commercial Banking Corp., Security Bank and Chinabank. Earlier, Cebu banks had ...

CebuPac begins flights to Masbate and Romblon
thestandard.com.ph - 2017-02-15
Cebu Air Inc., the operator of Cebu Pacific, said net income in the first three quarters of 2016 doubled to P7.1 billion from P3.56 billion a year ago. Passenger revenue rose 10.1 percent to P35.36 billion in the nine-month period, as its passenger traffic ...

PLDT-Smart partners with Huawei for 5G deployment
interaksyon.com - 2017-02-15
PLDT and its wireless unit Smart Communications have inked an agreement with Huawei Technologies Philippines for research and development of fifth-generation wireless broadband technology or 5G, slated to be ready by 2020. PLDT and Smart chair Manuel V.

Foreign cyclists arrive in Legaspi
BusinessMirror. - 2017-02-15
Stage One of the race, which has Petron and UPS as principal sponsors and Philippine Airlines as official airline partner, is set on Saturday over a 164.49-kilometer route from Legaspi City to Sorsogon. On Sunday the 75 cyclists (five riders to a team ...

Scrapped mining contracts seen to affect taxpayers
Philstar - 2017-02-15
Global Ferronickel Holdings (FNI), a member of the Chamber of Mines of the Philippines (COMP), maintained that the current state of the industry might cost the government "several billion dollars" since contractors are entitled to investment guarantees.

ATN Holdings Inc B (ATNB)
investing.com - 2017-02-15
A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the ATN Holdings Inc B stock. A detailed technical analysis through moving averages buy/sell signals (simple and exponential for 5,10,20,50,100 and 200 periods) and common chart ...

Chemical Industries of the Philippines Inc (CIP)
investing.com - 2017-02-15
Get instant access to a free live streaming chart of the Chemical Industries of the Philippines Inc Stock. The chart is intuitive yet powerful, offering users multiple chart types including candlesticks, area, lines, bars and Heikin Ashi. There are ...

Sombero back, vows to testify on BI bribery scandal
Philstar - 2017-02-15
Traveling alone from Vancouver, Canada, Sombero took Philippine Airlines flight PR 119 and was in seat 2D of business class. An airline staff, who asked not to be identified, said Sombero seemed "nervous," going to the lavatory several times when the ...

Lawyers, Duterte, Napoles: What gives?
Philstar - 2017-02-15
MANILA, Philippines (Philippine Center for Investigative Journalism ... MAIN STORY: Duterte's SolGen moves to acquit Napoles in illegal detention of Luy Graduates of the San Beda College of Law, Duterte's alma mater, the Davids are the chief legal ...

Metro Retail Stores Group Inc (MRSGI)
investing.com - 2017-02-15
A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the Metro Retail Stores Group Inc stock. A detailed technical analysis through moving averages buy/sell signals (simple and exponential for 5,10,20,50,100 and 200 periods) and ...

Boracay Newcoast projects entice business and real-estate investors
Philstar - 2017-02-15
It seems that the island is already perfect as it is. But Megaworld's Global-Estate Resorts Inc. brings the island to a whole new level as it develops Boracay Newcoast, a 150-hectare integrated tourism estate that melds the best beach neighbourhoods in the ...

Filipino Fund Inc (FFI)
investing.com - 2017-02-15
Get instant access to a free live streaming chart for the Filipino Fund Inc stock. You have the option to change the appearance of the charts by varying the time scale, chart type, zooming in to different sections and adding new studies or indicators such ...

NFA urged to extend arrival period for rice imports
BusinessMirror. - 2017-02-15
The NFA list available on its web site also showed that 194 qualified rice traders, including AgriNurture Inc. and Pilmico Foods Corp., will import 642,340 MT of rice under the country specific quota (CSQ). Of the total rice to be imported under the CSQ ...

JG Summit Holdings Inc (JGS)
investing.com - 2017-02-15
Investing.com - Philippines stocks were higher after the close on Thursday, as gains in the Banking & Financials, Holding Firms and Services sectors led shares higher. At the close in Philippines, ... Philippines stocks lower at close of trade; PSEi ...

Mining firms call for full disclosure of audit results
Philippine Daily Inquirer - 2017-02-15
Likewise, Lepanto Consolidated Mining Co. received the suspension order. The gold producer said it would file an appeal in the Office of the President. All four publicly listed companies are members of the Chamber of Mines of the Philippines (COMP), which ...

Oriental Petroleum and Minerals Corp B (OPMB)
investing.com - 2017-02-15
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so ...

Suicide, lost jobs after Philippine mine closures, but some relieved
Daily News and Analysis - 2017-02-14
In a nearby mine run by Zambales Diversified Metals Corp (ZDMC), owned by property-to-power firm DMCI Holdings Inc , the number in work has fallen to under 50 from a peak of 1,200, said Hendrik Martin, manager at ZDMC. Ronald Esquiray, 39, was among those ...

Navy-Standard unleashes might, wins Ronda Stage 6
thestandard.com.ph - 2017-02-14
Ronda is staking P1 million to the champion courtesy of presentor LBC and in partnership with MVP Sports Foundation, Petron, Mitsubishi, Versa.ph, Partas, Maynilad, Standard Insurance, CCN, Bike Xtreme, NLEX, PhilCycling and 3Q Sports Event Management.

Hidilyn achieves dream as PSA Athlete of the Year
thestandard.com.ph - 2017-02-14
Phoenix Petroleum, Foton, ICTSI, Globalport, Mighty Sports, and Rain or Shine. It was a double celebration for Juico, the former PSC chairman, as the National Sports Association of the Year (NSA) was handed to the Philippine Athletics Track and Field ...

Going clean energy
Philstar - 2017-02-14
Infrastructure giant Metro Pacific Investments Corp. (MPIC) has reportedly revived plans to ... is diversifying into renewable energy sources through SMC Global Power Holdings. Inc. SMC president Ramon Ang has said that as the global renewable sector ...

Zeus Holdings Inc (ZHI)
investing.com - 2017-02-14
Get instant access to a free live streaming chart of the Zeus Holdings Inc Stock. The chart is intuitive yet powerful, offering users multiple chart types including candlesticks, area, lines, bars and Heikin Ashi. There are flexible customization options ...

LBC set to add 100 branches
thestandard.com.ph - 2017-02-14
LBC Express Holdings Inc. plans to open 70 to 100 new outlets this year to strengthen its position as the leading courier and money transfer company. LBC Express said in a registration statement filed with the Securities and Exchange Commission it would ...

SM to build 15 malls by 2018; 1 in Cagayan de Oro City, 2 more in Mindanao
BusinessMirror. - 2017-02-14
DAVAO CITY--The SM Group of Companies plans to construct 15 more shopping malls by 2018, including a posh premier mall in Cagayan de Oro City and two others elsewhere ... said the SM Development Corp. would also start constructing four buildings at ...

3 face raps for Philex attack
Philippine Daily Inquirer - 2017-02-14
BAGUIO CITY--Gold and copper producer Philex Mining Corp. and the police charged two men and an activist with arson and robbery with intimidation in connection with the Feb. 9 burning of two trucks in Itogon town in Benguet province. The Philex employees ...

SPMJ awards best CSR projects at Resorts World
Philstar - 2017-02-14
the Manila North Tollways Corporation with invaluable support from major sponsors, CAMPI, the Chamber of Automobile Manufacturers in the Philippines, Inc. and Petron Corporation. The awards night of the 1st SPMJ Driven to Serve CSR Awards will have the top ...

Separations, not marriage drop, affect housing sector
Philippine Daily Inquirer - 2017-02-14
But Gonzalo Bongolan, vice president at investment house Philippine Commercial Capital Inc., said the aftermath of broken marriages ... It is still growing at double-digit pace," said East West Bank president Antonio Moncupa Jr. The banking system ...

Giving Duterte a bad name
thestandard.com.ph - 2017-02-14
Bobby was my student at the Ateneo in the 1950s. While Ongpin effectively lost some P22 billion when Philweb, an e-Games online gaming firm, when the Philippine Games and Amusement Corp. did not renew its license, Bobby had to sell his shares--more than ...