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 ...

Sarangani Energy putting up P1-B transmission line
Philstar - 2017-02-02
SEC, a unit under the Alsons Power Group, was cleared by the Energy Regulatory Commission to build the dedicated point-to-point transmission facility for Section 2 of its coal plant in Maasim, Sarangani. The power firm has proposed to build a 42-kilometer ...

Bright Kindle Resources & Investments Inc (BKR)
investing.com - 2017-02-02
A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the Bright Kindle Resources & Investments Inc stock. A detailed technical analysis through moving averages buy/sell signals (simple and exponential for 5,10,20,50,100 and 200 ...

Catanduanes guv orders reconstitution of the Provincial Price Coordinating Council
news.pia.gov.ph - 2017-02-02
Cua has issued Executive Order No. 001 series 2017 reconstituting the Catanduanes Provincial Price Coordinating Council (CPPCC) to ensure availability of basic necessities and prime commodities at reasonable prices at all times and to provide protection to ...

Hotels in Cebu City
travelbook.ph - 2017-02-02
The room is clean and for 4 of us, it has enough space. We came to Cebu for the party and we are happy with the room book for us. You don't need...

Asiabest Group International Inc (ABG)
investing.com - 2017-02-02
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 ...

Resorts and Hotels with Tour in Philippines
travelbook.ph - 2017-02-02
It's all worth it. Well recommended place to stay. Good ambience. Spacious room. Delicious food with big servings. We're glad to have a free... We always book our hotel here whenever we have nearby meetings in the place. We love how accommodating the ...

To prevent worker deaths, injuries | Labor groups urge repeal of labor deregulation policies
Bulatlat - 2017-02-02
"The lack of concrete measures from the labor department to address and prevent workplace tragedies ... As of this writing workers are reported to be still missing a day after House Technology Industries (HTI) burned down. Based on labor organizations ...

DENR to padlock 23 large-scale mines
BusinessMirror. - 2017-02-02
"They [mining firms] can appeal their case to President Duterte ... against five mining firms--Berong Nickel Corp., Citinickel Mines and Development Corp., Lepanto Consolidated Mining Corp., OceanaGold Phils., and Strong Built Mining Development ...

Edict banning firecrackers in Baguio submitted at council
baguiomidlandcourier.com.ph - 2017-02-02
An ordinance penalizing the use of firecrackers in Baguio has finally been submitted to the city council. As an offshoot of the "Safe Baguio" signature campaign launched in October last year by the Baguio Fire Department, Councilor Betty Lourdes ...

THE STRIKER
boholnewstoday.com - 2017-02-01
It must go on but please no murders in the homes, in the streets and other places ... The had been disturbing the system for almost half a century, to be exact a total of 47 years and they never gained and inch of victory. Let us be united under ...

Market falls; Arthaland, SBS rise
thestandard.com.ph - 2017-02-01
Twelve of the 20 most active stocks ended in the green, led by developer Arthaland Corp. which surged 18.5 percent to P0.96 and chemical producer SBS Philippines Corp. which jumped 6.7 percent to P6.86. Geothermal power producer Energy Development Corp ...

Choi karter of the year
m.philstar.com - 2017-02-01
MANILA, Philippines - Jerry Choi finally emerged the Karter of the Year following the two-round finale of the 2016 Petron Karting Season recently at the Carmona Racetrack. Racing for the past six years, Choi captured the coveted plum with 190 points ...

8990 issuing initial tranche of P5 B pref shares
Philstar - 2017-02-01
MANILA, Philippines - Listed mass housing developer 8990 Holdings plans to issue an initial tranche of the planned P5 billion preferred shares in July, officials said yesterday. Proceeds would be used to refinance existing debt, said Roan Buenaventura ...

RCBC taps former AMLC exec
Philstar - 2017-02-01
MANILA, Philippines - Rizal Commercial Banking Corp. (RCBC) continued to beef up its management team as it tapped the former officer-in-charge of the Anti Money Laundering Council (AMLC). The bank disclosed the appointment of lawyer Richard David Funk ...

Security Bank earns record P8.6 B in 2016
Philstar - 2017-02-01
MANILA, Philippines - Security Bank Corp. recorded a record profit of P8.55 billion last year on the back of the strong growth in core recurring income, less than a year after the Bank of Tokyo - Mitsubishi UFJ Ltd. (BTMU) pumped in fresh equity into ...

Index subdued ahead of US Fed meeting
Philstar - 2017-02-01
The benchmark Philippine Stock Exchange index closed at 7,227.45 ... managing director at First Grade Finance Inc., said:"Market was quiet today and value turnover was thin. "Investors preferred a wait and see attitude just ahead of the FOMC meeting ...

Choi karter of the year
Philstar - 2017-02-01
MANILA, Philippines - Jerry Choi finally emerged the Karter of the Year following the two-round finale of the 2016 Petron Karting Season recently at the Carmona Racetrack. Racing for the past six years, Choi captured the coveted plum with 190 points ...

Dominguez sees 2017 GDP growth of 6.5-7%
Philippine Information Agency - 2017-02-01
Bank of the Philippine Islands (BPI), Standard Chartered Bank, Hong Kong and Shanghai Banking Corp. (HSBC), Sun Life Asset Management Co., AB Capital Securities, Lamudi PHL and the Management Association of the Philippines (MAP). Dominguez said President ...

The new Social Security Commission
BusinessMirror. - 2017-02-01
Philex Mining Corp. and John Hay Management Corp., and board member of the Metropolitan Waterworks and Sewerage System, among others. As president and CEO of the SSS, Emmanuel F. Dooc, who is a lawyer, is responsible for the overall planning, organizing ...

Security Bank reports 2016 profit of ?8.55B
BusinessMirror. - 2017-02-01
SECURITY Bank Corp. posted a record-high P8.55 billion in net profit in 2016, up 11 percent. This was driven by strong growth in core recurring income. Net interest income increased 28 percent to P15.9 billion, which more than offset the P1.1-billion ...

PAL starts flying in Clark-Davao route
Philippine Daily Inquirer - 2017-02-01
DAVAO CITY -- Philippine Airlines (PAL) on Wednesday started flying the Clark-Davao route, using the medium-range Airbus 321, which has a typical capacity of about 180 persons. PAL will service the route thrice a week with flight schedules on Wednesdays ...