Faces behind the structures
Inquirer - 2017-02-03
The Philippine real estate sector has never been as robust and resilient as ... In recent years, buyers and investors have taken note of how upscale property developer Rockwell Land Corp., in particular, has managed to preserve its developments and keep ...

Market ends flat; Arthaland up
thestandard.com.ph - 2017-02-03
Marcventures Holdings Inc. and Global Ferronickel Holdings Inc. asked that the trading of their shares be suspended on Feb. 3 to Feb. 6. Meanwhile, Asian stocks were mixed Friday as Chinese markets returned from a five-day break, while investors awaited ...

Soros Hires UBS' Fitzpatrick as Chief Investment Officer (UBS)
Investopedia - 2017-02-03
Fitzpatrick gained most of her career experience while at UBS Group AG (UBS). She has worked for the Swiss bank ... committee making recommendations to the New York Fed on matters of finance and public policy. In her new role at Soros Fund, Fitzpatrick ...

Mining firms challenge closure
Philippine Daily Inquirer - 2017-02-03
Also, the operation of mines owned by members Oceanagold Philippines Inc. and Lepanto Consolidated Mining Corp. are facing suspension. A verdict on another member, Filminera Resources Corp., was "deferred" by the environment department. Disini noted ...

BDO assets breach P1-T mark
Philstar - 2017-02-03
MANILA, Philippines - Assets managed by Sy-led BDO Unibank Inc. increased 12 percent last year to breach the P1-trillion mark, becoming the first Philippine financial institution to do so. BDO executive vice president and trust officer Ador Abrogena said ...

ABS-CBN, GMA contest TV ratings leadership
Philstar - 2017-02-03
MANILA, Philippines - ABS-CBN Corp. said it topped nationwide television (TV) ratings for both urban and rural homes, while GMA Network Inc. claimed it was the leader in national urban Philippines in January. Citing data from Kantar Media, ABS-CBN said ...

To Myanmar and back
Philstar - 2017-02-03
LODESTAR By Danton Remoto (The Philippine Star) | Updated February 4, 2017 - 12:00am I thought someone was pulling my leg when I was asked if I could attend the Lesbian and Gay Film Festival in Yangon, Myanmar - and they would send tickets for the flight ...

PNB to redeem P3.5 B debt
Philstar - 2017-02-03
MANILA, Philippines - Philippine National Bank (PNB) is set to redeem P3.5 billion worth of unsecured debt after successfully raising fresh funds from the issuance of long term negotiable certificates of time deposits (LTNCD) last December. PNB informed ...

PSA to honor top Phl golfer, jin, booter in PSA Awards rites
Philstar - 2017-02-03
SM Prime Holdings Inc., Accel, Gold Toe and Phoenix Petroleum. Tabuena was the first Filipino golfer to represent the country in the Olympics after earning a berth in the 2016 Rio De Janeiro Games as among the Top 60 players in the world. Dominguez ...

Megawide-led group targets Q1 groundbreaking for ITS
Philstar - 2017-02-03
MANILA, Philippines - MWM Terminals, the consortium of Megawide Construction Corp. and WM Property Management Inc., expects to break ground on the P2.5-billion Integrated Transport System (ITS) - Southwest public-private partnership (PPP) project within ...

Valentine treats
The Daily Tribune - 2017-02-03
Midnight in Paris Crimson Hotel Filinvest City, Manila pushes the ordinary dinner date to new heights and offers accommodation with breathtaking views of the Filinvest cityscape. On February 14, treat your sweetheart to Crimson Hotel Filinvest City ...

Injap Sia's DoubleDragon is Asia's Hottest Property Stock
entrepreneur.com.ph - 2017-02-03
Edgar "Injap" Sia II's DoubleDragon Properties Corp. completed the first of its signature project--branded community malls--only less than two years ago but it already outperforms other property developers in the Philippines as well as Asia. Since its ...

Roxas Holdings trims losses
Philstar - 2017-02-03
MANILA, Philippines - Sugar and bio-energy company Roxas Holdings Inc. (RHI) has reduced its net loss for the first quarter of crop year 2017 due to improved operating efficiencies and lower costs. In a disclosure to the local bourse, RHI said net loss for ...

DENR closes 21 mining firms
Philstar - 2017-02-03
Century Peak Metals Holdings, and SR Metals. The audit focused on safety and health, mine environmental management, social development, mining tenement, Clean Air Act, Clean Water Act, hazardous waste and solid waste. The audit team comprised of the DENR ...

DENR shuts down 23 mining areas
Philippine Daily Inquirer - 2017-02-03
Shares of Benguet Corp. and Oriental Peninsula Resources Group Inc. slid by 10.38 percent. Appeal to the President Lopez said the mine operators could appeal the closure or suspension order to the President. In a speech on Thursday, President Rodrigo ...

Philrealty exits rehab program
Philstar - 2017-02-03
MANILA, Philippines - Philippine Realty and Holdings Corp. (Philrealty) has exited from a 12-year court-assisted rehabilitation program. In a disclosure to the Philippine Stock Exchange, Philrealty said it received a certificate of finality issued by the ...

Snapchat parent Snap to raise up to $3-B in IPO
Rappler - 2017-02-03
MANILA, Philippines - The parent of the fast-growing social ... Snap's offering on the New York Stock Exchange is the largest for a technology company in the US since Chinese-based Alibaba listed in 2014. The documents did not provide share pricing ...

COCKTALES | Davao-coco levy row proves taxing even to a few justices
interaksyon.com - 2017-02-03
A former banker, Alcantara also happens to be the president of Bright Kindle. Now reduced to a shell company after the Bankard credit card company was spun off, Bright Kindle Resources still retains the trading symbol BKR while it awaits a corporate ...

Biz Buzz: Still vacant
Inquirer - 2017-02-03
DORIS DUMLAO-ABADILLA Following a bleak period in its history--its involvement in the $81-billion money laundering case that thrust the country into a negative light last year (and cost it a P1-billion penalty)-- Yuchengco-led Rizal Commercial Banking ...

Makati Finance Corp (MFIN)
investing.com - 2017-02-03
A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the Makati Finance Corp 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 ...

Phinma focuses on retail electricity supply business
BusinessWorld Online - 2017-02-03
PHINMA Energy Corp. targets to be a "significant player" in the retail electricity supply (RES) business and has signed up new customers using around 171 megawatts (MW) to source their supply via the company. "New capacity in terms of contracts is ...

PhilRealty exits PSE list of firms under corporate rehabilitation
BusinessWorld Online - 2017-02-03
In a notice issued on Thursday, the Philippine Stock Exchange (PSE) said it received the certificate of finality of the termination of the rehabilitation proceeding ordered by Branch 93 of the Regional Trial Court in Quezon City. The judgment rendered on ...

Philippine miners say closures to hit 1.2 million people, vow to fight back
interaksyon.com - 2017-02-03
MANILA - The planned closure of 23 Philippine mines, mostly nickel producers, and the suspension of five others will affect about 1.2 million people, miners said, as some vowed to take legal action to contest the decision. Environment and Natural Resources ...

COCKTALES | Davao-coco levy row proves taxing even to a few justices
interaksyon.com - 2017-02-03
A former banker, Alcantara also happens to be the president of Bright Kindle. Now reduced to a shell company after the Bankard credit card company was spun off, Bright Kindle Resources still retains the trading symbol BKR while it awaits a corporate ...

Cirtek Holdings Philippines Corp (TECH)
investing.com - 2017-02-03
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 ...

One Meralco Foundation opens doors of the MVP Tulong Kapatid evacuation center in Leyte
meralco.com.ph - 2017-02-03
One Meralco Foundation (OMF) recently inaugurated the MVP Tulong Kapatid Multipurpose and Evacuation Center in Palo, Leyte led by the Archdiocese of Palo and PLDT-Smart Foundation. This is the culmination of OMF's assistance to victims of Typhoon Yolanda ...

DENR to padlock 23 large-scale mines
BusinessMirror. - 2017-02-02
They are AAMPHIL Natural Resources Exploration, Kromico Inc., SinoSteel Philippines H.Y. Mining Corp., Oriental Syneregy Mining Corp., Wellex Mining Corp., Libjo ... nationwide working in various sectors and industries. Of this figure, around 7.17 million ...

Aboitiz Power wins deal with food firms
thestandard.com.ph - 2017-02-02
... members of the Philippine Association of Meat Processors Inc. on Thursday signed power supply agreements with Aboitiz Power Corp. to support their operations. Aboitiz Power said Foodsphere Inc. (CDO), Virginia Food Inc., LIIP Food Processors Inc ...

UnionBank expects 31% lending growth
thestandard.com.ph - 2017-02-02
Union Bank of the Philippines, the 10th largest lender in terms of assets, expects a 31-percent loan growth this year, a top executive said Wednesday night. "Our outlook this year is very bullish. Last year, we grew our loan book by 31 percent and we ...

Symantec Announces $1 Billion Debt Offering
Investopedia - 2017-02-02
Cybersecurity industry pioneer Symantec Corp. (SYMC) reported its most recent fiscal 2017 ... devices, a new demand for next-gen security solutions has led old-guard players to quickly transform and swallow up smaller rivals for fast growth.

Former RCBC head moves to advisory firm
Philstar - 2017-02-02
MANILA, Philippines - Former Rizal Commercial Banking Corp. (RCBC) president and CEO Lorenzo Tan has joined leading Manila-based advisory firm Primeiro Partners as board advisor. "Their reputation for excellence and intense focus on their clients and ...

Blackwater battles Rain or Shine
thestandard.com.ph - 2017-02-02
The victor will complete the eight-team quarterfinals cast and will join top seed San Miguel Beer, Alaska, Star, TNT KaTropa, GlobalPort, Phoenix Petroleum and Barangay Ginebra there. On the other hand, the loser will have an early vacation and join ousted ...

High-end shopping is now in Pasig
thestandard.com.ph - 2017-02-02
From left: Ayala Land Inc. President and CEO Bobby Dy, Ayala Land Inc. Group Head - Commercial Business, ALI Capital, Ayala Land Offices, Hotels and Resorts Junie Jalandoni, MBS Development Corp. President Arsenio Tanco, Ayala Corporation President and CEO ...

PPA allows ATI to manage berthing in Batangas Port
Philstar - 2017-02-02
MANILA, Philippines - The Philippine Ports Authority (PPA) has transferred to Asian Terminals Inc. (ATI) the authority to manage the berthing assignments in the Batangas Port Phase 1. Under Administrative Order 1 of 2017 signed by PPA general manager Jay ...

Mining woes drag down stocks
Philstar - 2017-02-02
These are Benguet Corp Nickel Mines, which declined to P1.90 per share or down 10.38 percent while Nickel Asia Corp. also saw it price go down 0.58 percent to P6.81 per share after its subsidiary Hinatuan Mining was also ordered to shut down. Another ...

PSEi slips; mining counter down on DENR announcement
Inquirer - 2017-02-02
Meanwhile, BDO, URC and BPI all gained. SM Prime, ALI, Security Bank, AP, Megaworld and AEV also firmed up. Notable gainers outside the PSEi included RRHI (+1.71 percent) and Arthaland (+1.04 percent).

DENR shuts down 23 mining areas
Philippine Daily Inquirer - 2017-02-02
Shares of Benguet Corp. and Oriental Peninsula Resources Group Inc. slid by 10.38 percent. Lopez said the mine operators could appeal the closure or suspension order to the President. In a speech on Thursday, President Rodrigo Duterte said he had told ...

DENR to padlock 23 large-scale mines
BusinessMirror. - 2017-02-02
They are AAMPHIL Natural Resources Exploration, Kromico Inc., SinoSteel Philippines H.Y. Mining Corp., Oriental Syneregy Mining Corp., Wellex Mining Corp., Libjo ... nationwide working in various sectors and industries. Of this figure, around 7.17 million ...

Market drops; mining stocks slide
thestandard.com.ph - 2017-02-02
Eleven of the 20 most active issues rose, led by Robinsons Retail Holdings Inc. which climbed 1.7 percent to P80.50 and BDO Unibank Inc. which gained 1.4 percent to P112. Global Ferronickel Holdings Inc. dropped 5.2 percent to P2.74. Meanwhile, concerns ...

Barbecue seller turns tycoon with 2,500% stock surge
BusinessMirror. - 2017-02-02
The stock rose as much as 5.6 percent to a three-month high, outpacing a 0.2-percent gain in the benchmark Philippine Stock Exchange index ... to bigger developers like SM Prime Holdings Inc. and Robinsons Land Corp., Sia said. DoubleDragon builds most ...

Mining shares plunge after DENR suspends, closes more mines
Rappler - 2017-02-02
Atok Big-Wedge Company Incorporated, Manila Mining Corporation, Philex Mining Corporation, and Zeus Holdings Incorporated told the local bourse that the DENR audit had "no effect" on their business, operations, or financial conditions as they were not ...

Pure Energy files P1.5-B IPO
Philstar - 2017-02-02
It has tapped Abacus Capital Securities as lead underwriter for the IPO. Based on its profile, Pure Energy was founded by businessman Dexter Tiu who also founded Coal Asia Holdings Inc. and Titan Mining & Energy Corp., and Eric Roxas, a director of Coal ...

CH withholds permit of bank branches
Philstar - 2017-02-02
CEBU, Philippines - The Cebu City government has put on hold the renewal of business permit of all Banco De Oro branches in the city and SM Prime Holdings because of an ongoing investigation for alleged tax fraud. Mayor Tomas OsmeƱa said he ordered not to ...

DENR chief axes 21 erring metallic mining firms
interaksyon.com - 2017-02-02
DENR also decided to suspend the mining operations of Berong Nickel Corporation, OceanaGold Phils. Inc., Lepanto Consolidated Mining Corp., Citinickel Mines and Development Corp., One Asia Mining Corp., and Strong Built Mining Development Corporation.

DENR chief axes 21 erring metallic mining firms
interaksyon.com - 2017-02-02
DENR also decided to suspend the mining operations of Berong Nickel Corporation, OceanaGold Phils. Inc., Lepanto Consolidated Mining Corp., Citinickel Mines and Development Corp., One Asia Mining Corp., and Strong Built Mining Development Corporation.

WATCH | DENR chief axes 23 erring metallic mining firms
interaksyon.com - 2017-02-02
DENR also decided to suspend the mining operations of Berong Nickel Corporation, OceanaGold Phils. Inc., Lepanto Consolidated Mining Corp., Citinickel Mines and Development Corp., One Asia Mining Corp., and Strong Built Mining Development Corporation.

STC wins Gullas oratorical contest
Philstar - 2017-02-02
Almira Belecario of Cebu Eastern University, Vanessa Kaye Caharian from the University of the Visayas, Veralyn Matthews from Velez College and Christian Jade Gesultura from the University of Southern Philippines. Each of them showed competitiveness ...

Philippines to shut half of mines, mostly nickel, in environmental clampdown
Daily News and Analysis - 2017-02-02
He supported Lopez's latest action on Thursday. Mines ordered for closure include those run by Hinatuan Mining Corp, a unit of top Philippine nickel ore producer Nickel Asia Corp, and BenguetCorp Nickel Mines Inc. Several companies, including Australia's ...

DENR to close 21 mining firms
Philstar - 2017-02-02
Suspended are Oceana Gold Mining Operation in Nueva Vizcaya for causing reduced agriculture production of farmers in the area, Citnickel Mines and Development Corporation in Narra, Palawan for siltation of river and farm lands, Lepanto Mines and ...

DENR announces closure of 23 mining operations
Rappler - 2017-02-02
On Thursday, Lopez also announced the suspension of the following mining firms: Berong Nickel Corporation OceanaGold Phils Incorporated Lepanto Consolidated Mining Corporation Citinickel Mines and Development Corporation Strong Built Mining Development ...