LPA cancels flights, suspends classes
m.philstar.com - 2017-01-11
Philippine Airlines and Cebu Pacific flights to and from Manila to Legazpi, Naga and Virac as well as Surigao were cancelled. The northeast monsoon will continue to bring rains across the country today, according to the Philippine Atmospheric ...

Trump taps two sons to head company as he ascends to presidency
New York Daily News - 2017-01-11
President-elect Donald Trump, speaking at a Wednesday press conference in New York City, says he will transfer ownership of his company to his two adult sons. Schaub also reiterated his past statement that Trump must sell off his holdings to resolve any ...

DOH delivers assistance to municipalities affected by Typhoon Nina in MIMAROPA
news.pia.gov.ph - 2017-01-11
MANILA, Jan. 12 - Department of Health - MIMAROPA Regional Director Eduardo C. Janairo recently visited municipalities in the provinces of Marinduque and Oriental Mindoro and delivered financial assistance and medicine supply to areas affected by the ...

Kratos Supports High Energy Laser Demonstrator Integration [Photo Release]
GlobeNewswire - 2017-01-11
The task is to assist SMDC with High Energy Laser (HEL) System Engineering, Integration, and Test Support. Kratos support has expanded to include integration and test support at their high bay facility in Huntsville, AL. The integration work in the high ...

54 firms now compliant with Shariah rules - PSE
Philstar - 2017-01-11
MANILA, Philippines - The Philippine Stock Exchange (PSE) announced yesterday that 54 companies made it to its list of Shariah-compliant securities. The list is based on the screening conducted by IdealRatings which uses the Accounting and Auditing ...

Sharapova to return after ban in Stuttgart tournament
Rappler - 2017-01-11
BERLIN, Germany - Maria Sharapova will make her return to competitive tennis following her 15-month ban at the WTA clay-court tournament in Stuttgart in April, it was announced on Tuesday, January 10. The 29-year-old 5-time Grand Slam winner tested ...

MVP: address generation side of higher fuel cost
interaksyon.com - 2017-01-11
Focus on generation side As far as Meralco and TV5 chairman Manny V. Pangilinan is concerned, high electricity pricing has long been an issue in the country. In an interview with Bloomberg TV Philippines Tuesday, Pangilinan said Meralco is now focused on ...

Project "Tukhang" totals 4,248 surrendered drug personalities in "Project Double Barrel, Alpha"-ESSPO
news.pia.gov.ph - 2017-01-11
BORONGAN CITY, Eastern Samar, Jan 11 (PIA) - From July 1 to October 25, 2016, the Eastern Samar Provincial Police Office (ESPPO) has already recorded 2,784 drug users and 280 pushers who have surrendered or a total of 3,064 drugs personalities. They have ...

PSBank starts LTNCTD offer
Visayan Daily Star - 2017-01-11
MANILA- - Offering of Philippine Savings Bank's (PSBank) 5-year and three-month Long-Term Negotiable Certificates of Time Deposit started yesterday. In a disclosure with the Philippine Stock Exchange Tuesday, the thrift banking arm of the Ty-led Metrobank ...

AC Energy preparing to build P7.44-billion wind farm in Indonesia
BusinessMirror. - 2017-01-11
AC Energy Holdings Inc., the power arm of Ayala Corp., is beefing up its renewable-energy (RE) portfolio with newly signed deals with UPC Renewables Indonesia Ltd. The power firm on Wednesday reported it signed investment agreements with UPC Renewables for ...

House members back SSS premium hike after P1,000 pension increase
BusinessMirror. - 2017-01-11
In Photo: Social Security System (SSS) pensioners and members line up at ... which the SSS Board submitted to Durtete, saying his group is ready to question the planned increase before the Supreme Court. Meanwhile, they urged SSS members to oppose the ...

DENR chief toughens up on issuance of ECC
BusinessMirror - 2017-01-10
The government will no longer issue environmental compliance certificates (ECCs) to companies that have yet to fully comply with all the specific measures, conditions and qualifications set by the Department of Environment and Natural Resources (DENR ...

SunEdison said to exit India with sale of projects to Greenko
Economic Times - 2017-01-10
Kamalakar Babu, managing director of New & Renewable Energy Development Corporation of Andhra Pradesh. Development costs could top 25 billion rupees ($366.5 million), according to estimates by Bloomberg New Energy Finance. Elements of the deal between ...

A U.S. Airline Was Just Named a Top 10 in the World (Seriously)
Inc. - 2017-01-10
I'd thought of Air India, a Star Alliance member, as an impressive-looking airline. The data, though, suggests that it has a high altitude of lassitude. Air India was followed by Philippine Airlines, Asiana Airlines, China Eastern Airlines, Hong Kong ...

Yearender 2016 | Privatization of education continues under Duterte
Bulatlat - 2017-01-10
A research paper by Curtis Riep, a Canadian doctoral student of the University of Alberta ... learning materials, Science and Math equipment, computers, repair of school furniture and rehabilitation of classrooms, training for teachers and non-teaching ...

Premiere raising P1b for resort projects
thestandard.com.ph - 2017-01-10
Premiere Horizon Alliance Corp. said Tuesday it will raise P1 billion to finance tourism and infrastructure-related projects this year. PHA said in a disclosure to the stock exchange tourism development unit West Palawan Premiere Development Corp. would ...

Premiere raising P1b for resort projects
thestandard.com.ph - 2017-01-10
Premiere Horizon Alliance Corp. said Tuesday it will raise P1 billion to finance tourism and infrastructure-related projects this year. PHA said in a disclosure to the stock exchange tourism development unit West Palawan Premiere Development Corp. would ...

2 Cirtek executives get Asia CEO awards
thestandard.com.ph - 2017-01-10
Semiconductor manufacturer Cirtek Holdings Philippines Corp. said two of its executives were recipients ... strategic acquisition and asset management with First Metro and Metrobank Group. "As Cirtek moves from strength to strength and scales up its ...

Lopez gives SMC, Petron 24 hours to remove ash
Philippine Daily Inquirer - 2017-01-10
Petron had originally planned to store the lime powder at another site on its property, but was denied a key permit by the local government, forcing the firm to store the byproduct of its oil refining operations at a temporary site. This company-owned site ...

Socially responsible auto industry
Philstar - 2017-01-10
IV. Education & Training: 1. Auto Hub Group: Auto Hub Institute of Technology with TESDA (2014-2016) 2. Berjaya Auto Philippines (Mazda): Automotive Technology Course supports Meralco Foundation Inc. (2014) 3. PGA Cars: Porsche Training ...

Philippine Ladies Open: Best of Phl face crack foreign bets
Philstar - 2017-01-10
MANILA, Philippines - The Philippine Ladies Open Golf Championship ... the emerging star from Ratchaburi who is raring to launch her bid at 7:10 a.m. in the company of club bet Felicia Medalla, Katie Kim and Zoe Campos, also on No. 10.

Biz buzz: Bad feng shui?
Inquirer - 2017-01-10
Gil Puyat Avenues in Makati City. It is, in fact, a piece of art called "The Spirit ... Amador holds a Doctorate in Economics from the Australian National University and she previously served the BSP for 32 years--including a stint with the ...

From visionary to demolition man
Philstar - 2017-01-10
The mayor apparently gave the respective managements of Filinvest Land Inc.'s Il Corso at Citta Di Mare and SM Seaside City 10 days to explain why their locational clearance, building permit, and occupancy permit should not be revoked. Now if the mayor is ...

FDI inflows slow further in Oct
Philstar - 2017-01-10
Statistics showed the growth rate of net FDI inflows has declined steadily after peaking at 184 percent in April as the Bank of Tokyo - Mitsubishi UFJ Ltd pumped in P37 billion in fresh equity to Security Bank in exchange for a 20 percent stake.

Main stock price barometer rises for 6th straight session
Inquirer - 2017-01-10
Semirara, Ayala Corp., Ayala Land and Jollibee were all up by more than 1 percent while URC and Aboitiz Equity also contributed modest gains. On the other hand, BDO, GT Capital and Security Bank slipped.

Columbia Banking System's (COLB) CEO Melanie Dressel Presents at Merger of Pacific Continental Corporation Conference Transcript
Seeking Alpha - 2017-01-10
Welcome to Columbia Banking System and Pacific Continental Corporation Joint Conference ... Eugene is the home to the University of Oregon and the cities of Eugene-Springfield represent the second largest population city in the state.

Investment choices
BusinessMirror. - 2017-01-10
Investing in real estate is another popular alternative ... which some of us were able to ride on when it was under $300 an ounce at the start of this century. People like it because it is not registered, it has in-ternational acceptance and can be ...

SunEdison said to exit India with sale of projects to Greenko
Economic Times - 2017-01-10
Kamalakar Babu, managing director of New & Renewable Energy Development Corporation of Andhra Pradesh. Development costs could top 25 billion rupees ($366.5 million), according to estimates by Bloomberg New Energy Finance. Elements of the deal between ...

UAAP Womens Volleyball Preview: FEU Lady Tamaraws
fastbreak.com.ph - 2017-01-10
FEU, however, eventually yielded to deep and experienced Ateneo de Manila University in the extended semis. But we can say the best is yet to come for FEU, considering that Pons played in limited minutes in the V-League due to an injury, leaving Palma and ...

DENR in middle of blame game as Bataan folk reel from coal plant pollution
interaksyon.com - 2017-01-10
Initial reports said the DENR had already served an order against San Miguel Corporation, which controls oil company Petron that has a refinery in Limay. Not us - SMC's Ang San Miguel president Ramon Ang denied that a power plant inside the refinery was to ...

Capital Market Development Council
BusinessMirror. - 2017-01-10
Hidalgo, chairman); Philippine Dealing System Holdings Corp. (Cesar B. Crisol ... corporations efficiently mobilize capital for economic growth." This echoes the first preamble of the CMDC joint manifesto that "the development of our economy requires ...

DENR chief toughens up on issuance of ECC
BusinessMirror. - 2017-01-10
The DENR also canceled the ECCs given to Palawan-based mining firms Ipilan Nickel Corp. and Lebach Mining Corp., as well as Davao-based Core Mining Corp. and Austral-Asia Link Mining Corp., and Donggwang Clark Corp. in Pampanga. Lawyer Maria Paz Luna ...

Pacifica shares soar after takeover by Kuya J owner
m.bworldonline.com - 2017-01-10
A BACKDOOR LISTING involving Pacifica, Inc. and Kuya J remains unsettled although the businessman behind the fast-growing restaurant chain has moved to take over the inactive mineral exploration firm. In a disclosure to the Philippine Stock Exchange on ...

PHL ups game to police private sector
BusinessMirror. - 2017-01-10
Today BW Resources still operates under Suntrust Home Developers Inc. with a different set of owners and an entirely different kind of business. It was only last year when the Securities and Exchange Commission finally had a breakthrough, when it penalized ...

Cirtek moves up with 2 Asia C.E.O. awardees
BusinessMirror. - 2017-01-09
ADVANCE Communications Technology and Semiconductor Manufacturer Cirtek Holdings Philippines Corp. is proud to have in its leadership roster two of the Asia CEO awardees. They are both known for their dedication, foresight and good leadership in their ...

Globe approves P20-B bond issue
Philstar - 2017-01-09
MANILA, Philippines - Globe Telecom Inc. is planning to sell retail bonds worth P20 billion over the next three years. In a disclosure to the Philippine Stock Exchange yesterday, the Ayala-led telco said its board of directors approved the filing of a ...

Govt clears 2Go Group buyout of China firm
thestandard.com.ph - 2017-01-09
The holding company of 2GO Group Inc. secured the approval of the Philippine Competition Commission to buy out a Chinese investor for $275 million. PCC said in Decision No. 07-M-071 2016 that it cleared the acquisition by Negros Holdings & Management Corp ...

Govt clears 2Go Group buyout of China firm
thestandard.com.ph - 2017-01-09
The holding company of 2GO Group Inc. secured the approval of the Philippine Competition Commission to buy out a Chinese investor for $275 million. PCC said in Decision No. 07-M-071 2016 that it cleared the acquisition by Negros Holdings & Management Corp ...

Govt clears 2Go Group buyout of China firm
thestandard.com.ph - 2017-01-09
The holding company of 2GO Group Inc. secured the approval of the Philippine Competition Commission to buy out a Chinese investor for $275 million. PCC said in Decision No. 07-M-071 2016 that it cleared the acquisition by Negros Holdings & Management Corp ...

Govt clears 2Go Group buyout of China firm
Manila Standard Today - 2017-01-09
The holding company of 2GO Group Inc. secured the approval of the Philippine Competition Commission to buy out a Chinese investor for $275 million. PCC said in Decision No. 07-M-071 2016 that it cleared the acquisition by Negros Holdings & Management Corp ...

Market sustains climb; Globe up
thestandard.com.ph - 2017-01-09
Advancers outnumbered losers, 104 to 88, while 48 issues were unchanged. Eleven of the 20 most active stocks ended in the green, led by mining company Pacifica Inc. which surged 31.6 percent to P0.05. Globe Telecom Inc. jumped 6.3 percent to P1,790 ...

Market sustains climb; Globe up
thestandard.com.ph - 2017-01-09
Advancers outnumbered losers, 104 to 88, while 48 issues were unchanged. Eleven of the 20 most active stocks ended in the green, led by mining company Pacifica Inc. which surged 31.6 percent to P0.05. Globe Telecom Inc. jumped 6.3 percent to P1,790 ...

Global Ferronickel plans share sale worth P800m
thestandard.com.ph - 2017-01-09
Nickel miner Global Ferronickel Holdings Inc. revived a plan to sell shares to finance expansion projects, an executive said Monday. Global Ferronickel president Dante Bravo said in a text message the company filed with the Securities and Exchange ...

BPI trust fund set to start operations
thestandard.com.ph - 2017-01-09
BPI Asset Management and Trust Corp., a wholly-owned subsidiary of Bank of the Philippine Islands, is set to commence operations next month after getting a license from Bangko Sentral ng Pilipinas. BPI AMTC, formerly a trust division of BPI called BPI ...

Meralco sets launch of solar power unit
Philstar - 2017-01-09
MANILA, Philippines - Manila Electric Co. (Meralco) is launching its new solar subsidiary this week that will put up solar power rooftop solutions in commercial, industrial and residential sectors. In a press statement, Meralco said it would unveil its ...

Home sales in Mandaue, Lapu-Lapu seen to rise
Philstar - 2017-01-09
Among the major projects completed during the period include Persimmon (632 units) by Aboitiz Land and Solinea (591 units) and Avida Towers (527 units) by Ayala Land. About half of the projects completed fall under the affordable segment while a third are ...

All in the family; Romoff siblings upbeat on carving a niche in Philippine racing circuit
Philstar - 2017-01-09
The past year was more memorable for Khaz. He swept the titles in the first three rounds of the Petron Tri-Activ Karting Series X30 Challenge under the Honda Cadet Nogvice and Cebu Club Race categories. After winning the first of the 2016 National Series ...

Diesel prices hiked P0.10
thestandard.com.ph - 2017-01-09
DIESEL prices went up by P0.10 per liter for kerosene starting Tuesday. Seaoil Philippines, PTT Philippines, Flying V, Unioil Philippines and other oil companies issued separate advisories of the weekly price adjustment. The oil firms, however, did not ...

BPI cleared to run stand-alone trust corporation
Philstar - 2017-01-09
MANILA, Philippines - Ayala-led Bank of the Philippine Islands (BPI) received the green light from the Bangko Sentral ng Pilipinas (BSP) to operate a stand-alone trust corporation starting ... to P17.38 billion in the first nine months of last year from ...

More mergers, acquisitions expected this year, says FMIC
Philstar - 2017-01-09
FMIC is the investment banking arm of the Metrobank Group. In 2015, the bank successfully completed 19 deals, having participated in 88 percent or P399.14 billion of the total P456.04 billion debt and equity transactions last year.