Diverse offering for PH market
Inquirer - 3 months ago
It is for this reason that long standing property developer Sta. Lucia Land Inc. created a variety of real estate projects that will cater to individuals from all walks of life. The company has ...

Oriental treasures at The Peak
Inquirer - 3 months ago
metalsmiths and assemblers who carefully studied each step to execute the exemplary design of Nao Taniyama Associates for the golden spire of the flagship building of GT Capital Holdings Inc. The ...

George S. K. Ty, banking tycoon and visionary, 86
philstar.com - 3 months ago
In 1962, at only 29 years old, Ty founded and organized the Metropolitan Bank & Trust Company with partners, fellow Filipino business trailblazers Emilio Abello, Pio Pedrosa and Placido Mapa Sr. "Metrobank emerged as one of the earliest Filipino banks to ...

Robots are coming to SM malls
BusinessMirror - 3 months ago
If the pilot is successful, the group will bring ... wealth from a shoe store he opened in Manila in 1948, expanded into shopping malls in the 1980s to house his growing retail ventures.

Petron, F2 volleybelles take on separate rivals
BusinessMirror - 3 months ago
AFTER a successful first round, heavyweights Petron and F2 Logistics are out to resume their winning ways when they clash with separate foes in the Philippine Superliga All-Filipino Conference on ...

Carpio, Del Rosario say PH 'safe' with China oil deal
Rappler - 3 months ago
Businessman Manuel V Pangilinan's PXP Energy Corporation, through its London-listed unit Forum Energy Plc, holds an exploration permit covering Recto Bank. Carpio explained that China "can come in as a subcontractor of Forum Energy or it can buy into ...

Toyota Motor PH Chairman George Ty passes away
AutoIndustriya.com - 3 months ago
Dr. Ty was ranked the ninth richest businessman in the Philippines, the executive helms GT Capital Holdings, which is a major stakeholder of TMP, Metropolitan Bank and Trust Co. (Metrobank), Federal Land, Inc. and stakes in insurance firm Philippine AXA ...

Toyota Motor Philippines Chairman passes away at 86
AutoIndustriya.com - 3 months ago
Dr. Ty was ranked the ninth richest businessman in the Philippines, the executive helms GT Capital Holdings, which is a major stakeholder of TMP, Metropolitan Bank and Trust Co. (Metrobank), Federal Land, Inc. and stakes in insurance firm Philippine AXA ...

SE Asia Stocks-Philippine, Thailand gain 1 pct; others lacklustre
Reuters - 3 months ago
The Philippine index rose 1 percent, driven by gains in real estate and financial stocks ... Singapore Airlines Ltd gaining 1.8 percent and lender Oversea-Chinese Banking Corp. Ltd up 0.8 percent. The city-state's headline consumer price index rose ...

Metrobank founder George Ty dead at 86
CNN Philippines - 3 months ago
Metro Manila (CNN Philippines, November 23) -- The banking sector lost a key figure today. In a statement, Metrobank announced the death of its founder, George Ty. "It is with deep sadness that ...

EEI acquires biotech company
BusinessWorld - 3 months ago
EEI Corp. said on Friday it will buy majority stake in Biotech JP Corp. as part of efforts to diversify its business. In a disclosure to the stock exchange, the listed construction firm said it will acquire 60% equity stake in the Philippine unit of ...

Metrobank reopens two-year bond offering
BusinessWorld - 3 months ago
METROPOLITAN Bank & Trust Co. (Metrobank) is looking to raise an additional P5 billion through another tranche of fixed-rate bonds, following a fresh offering earlier this month. In a disclosure on Friday, the Ty-led lender said they will be reopening bids ...

PHL shares return to 7300 level
BusinessWorld - 3 months ago
SHARES ended the week on a positive note, with foreign investors returning to the local bourse as US markets were closed for the Thanksgiving holiday. The benchmark Philippine Stock Exchange index found itself back to the 7,300 level on Friday, after ...

Metrobank founder George Ty dies
Rappler - 3 months ago
MANILA, Philippines - Metrobank founder and Group Chairman Dr George S.K. Ty has died, the company announced on Friday, November 23. He was 86. "It is with deep sadness that we announce the peaceful passing of our beloved Founder and Group Chairman He ...

Globe data traffic up 49%
Sun Star - 3 months ago
Globe Telecom saw its mobile data traffic soar by 49 percent to 641 petabytes in the first nine months of 2018, as the company accelerated the deployment of LTE sites nationwide. The sustained growth in data traffic indicates that more Filipinos are ...

Metrobank founder George S.K. Ty passes away at 86
BusinessMirror - 3 months ago
METROBANK announced the passing of its Founder ... In lieu of flowers, the family asked that donations be made to the Philippine National Red Cross, CBCP Caritas Filipinas Foundation and ...

Metrobank founder George Ty dies
Inquirer - 3 months ago
In lieu of flowers, Metrobank said donations to the Philippine National Red Cross, CBCP Caritas Filipinas Foundation and Philippine Disaster Resilience Foundation would "honor his spirit of ...

Philippine Gaming Management Corporation boosts business productivity & security with Globe Business
Inquirer - 3 months ago
Philippine Gaming Management Corporation(PGMC) has tapped Globe Business, the corporate information and communications technology arm of Globe Telecom, for the use of G Suite and Secure Email ...

Globe Telecom bags two major recognitions at 2018 The Asset Corporate Awards
Inquirer - 3 months ago
Globe Telecom bagged two major recognitions from Hong Kong-based The Asset Corporate Awards, acknowledging its exceptional work in environmental, social, and corporate governance (ESG) initiatives.

DPWH, Manila Water to conduct repairs on Edsa, QC roads Nov. 23 to Nov. 26 -- MMDA
Philippine Daily Inquirer - 3 months ago
C-5 flyover Edsa Scout Albano near Shell Gasoline Station (beside sidewalk) and Scout Borromeo near GMA 7 (2nd lane from sidewalk) Edsa in front of Northstar Motor Corp. (1st lane sidewalk ...

Dennis Uy, China firm may bag major oil contract
Rappler - 3 months ago
Dennis Uy's Phoenix Petroleum and China National Offshore Oil Corporation team up to build an LNG import terminal in Batangas. Their tandem is the lone applicant, so far. MANILA, Philippines - After bagging the 3rd major telecommunications player slot ...

Mislatel: No compromise on national security in China Telecom partnership
CNN Philippines - 3 months ago
Tamano said Mislatel is open to partnering with other telecommunication service providers, including Converge and rival Philippine Telegraph and Telephone Corp. (PT&T). Converge had pulled out its ...

Who's who: A look at chief justice aspirants
philstar.com - 3 months ago
She passed the Bar in 1976. She practiced legal work for China Banking Corp., Paramount Finance Corp., and the National Home Mortgage Finance Corporation from 1978 to 1993. In 1996, she was appointed as Metropolitan Trial Court Judge in Makati, then was ...

EXCLUSIVE: PH-China agree MOU for talks on joint oil exploration will be without prejudice to maritime claims
CNN Philippines - 3 months ago
It does not specify the maritime areas to be covered, but the Philippines has earlier offered for oil exploration an area in the Reed Bank ... owned China National Offshore Oil Corporation ...

Billionaire opens up on Iloilo power feud
Philippine Daily Inquirer - 3 months ago
Razon, who also chairs global port management firm International Container Terminal Services Inc., said Peco had not addressed at least 1,800 pending customer complaints. The complaints ...

PH shares stay above 7,200
Inquirer - 3 months ago
Its share price surged by 7.78 percent. Investors also picked up second-liner stocks like FDC, 8990 Holdings and Lopez Holdings, which respectively advanced by 4.94 percent, 3.97 percent and 1.6 ...

BPI sees no more rate hikes in the offing
Inquirer - 3 months ago
After jacking up key interest rates five times for a total 175 basis points this year, the Bangko Sentral ng Pilipinas (BSP) may keep its key interest rates steady through end-2019 as the country ...

With rate freeze, BSP seen to trim bank reserves
philstar.com - 3 months ago
the chief economist of the Bank of the Philippine Islands (BPI) said yesterday. In a briefing, BPI lead economist Emilio Neri, Jr. said with the assumption that average global oil prices would rise slower next year, headline inflation would start to fall ...

Gilas halts tune-up vs Jordan
philstar.com - 3 months ago
MANILA, Philippines -- Gilas Pilipinas split its two tune-up matches with the visiting Jordan team, the second one cut short by a heated confrontation between rival coaches in the last six minutes of the game at the Meralco Gym Wednesday night.

South Korea to take back garbage shipment
philstar.com - 3 months ago
The Bureau of Customs (BOC) office in Northern Mindanao said more than 5,100 metric tons of trash arrived at the Philippine Sinter Corp. port in Villanueva ... is stored at the Phividec Industrial Estate complex. "If the (local government unit) will ...

Petron sweeps SLiga 1st rd
philstar.com - 3 months ago
MANILA, Philippines -- Petron completed a sweep of the first round with a 25-14, 25-27, 25-14, 25-12 victory over Foton last night in the Philippine Superliga All Filipino Conference at the Filoil Flyng V Center. Ces Molina led the way with 19 attacks ...

Globe Telecom, KonsultaMD launch Hope Bank for people needing mental health support
Journal - 3 months ago
Globe Telecom, in partnership with 24/7 health hotline KonsultaMD, has launched Hope Bank, a safe online space for everyone to openly express their feelings and thoughts about mental health. Through Hope Bank Facebook community (http://bit.ly/hopebank ...

Duterte fires HUDCC chief
BusinessMirror - 3 months ago
The P1.5-billion ($30 million) common-use greenfield development by International Container Terminal Services Inc. (ICTSI), has the capacity to accommodate 115,000 twenty-foot equivalent units ...

BSP deputy chief cites RMB Trading Community as banks make first batch of renminbi-peso trades
BusinessMirror - 3 months ago
The banks that executed deals were Bank of China, Asia United Bank, BDO Unibank, EastWest Bank, Metrobank and Rizal Commercial Banking Corp. This milestone comes after 14 major banks signed a ...

Decision on CNOOC-Phoenix proposal out in 2 weeks -- DoE
BusinessWorld - 3 months ago
He said of the 23 entities that had held pre-application conference with the agency, only Mr. Uy through his company Phoenix Petroleum Philippines, Inc. and CNOOC had submitted a proposal with details on technical, financial and legal qualifications.

Treasury opens tap facility after seeing 3-fold oversubscription for reissued 5-year T-bonds
BusinessMirror - 3 months ago
Metropolitan Bank and Trust Co., Rizal Commercial Banking Corp. and Security Bank Corp. De Leon explained that the BTr may opt to use the tap facility again in the coming auctions if the committee ...

Asia United Bank books higher income as of Sept.
BusinessWorld - 3 months ago
ASIA UNITED Bank Corp. (AUB) booked a slightly higher net income in the first nine months of the year, boosted by strong growth in its lending business. In a regulatory filing on Thursday, the Ng-led lender said its unaudited consolidated net profit stood ...

The future of mobility, not one solution but many
BusinessMirror - 3 months ago
Our Sky scenario sets out a challenging but plausible route the world could follow to meet the aims of the Paris agreement and restrict the rise in global average temperature in this century to ...

Malaysian coworking firm to build PHL space for $15 million
BusinessMirror - 3 months ago
"We will organize lifestyle events catering to the different yet balanced interests of our members, meaning it will not only be centering on the business lifestyle," Teh told reporter

AUB posts P2.3 billion in net income for first 3 quarters
BusinessMirror - 3 months ago
"Amid the continuing volatility in the financial markets and the challenging business environment, we remain confident that AUB will show accelerated growth as we cater to the needs of ...

PH startup fuses tech, fitness regimen to help people live healthier lifestyle
newsbytes.ph - 3 months ago
The chaperone she was referring to was IdeaSpace Foundation, the PLDT-backed accelerator program for science and technology-based startups. Now the chief executive officer and co-founder of SMS ...

Duterte reiterates he is against gambling on Boracay
philstar.com - 3 months ago
The terminal was developed by Enrique Razon's International Container Terminal Services Inc. Razon was also in attendance at the inauguration. "No more commercial expansion. No more gambling," he said during the address. According to a GMA News report in ...

Duterte to industrialized nations: Help developing countries fight climate change
Global Nation - 3 months ago
President Rodrigo Duterte has called industrialized countries anew to provide assistance to developing nations in their efforts to address climate change. In his message addressed to the virtual ...

Philippines, Japan partner for smart city solutions
Philippine Information Agency - 3 months ago
CLARK FREEPORT, Nov. 22 -- The Bases Conversion and Development Authority (BCDA ... Energy Secretary Alfonso Cusi, National Security Adviser and Director General Hermogenes Esperon Jr., and Philippine Communications Operations Office Secretary Martin ...

Carlo Delantar on rising with the tides
ABS-CBN News - 3 months ago
Typhoon Yolanda in 2013 devastated the Philippines and in particular ... Delantar, with a penchant for entrepreneurship and a degree in food technology from California, did what any sensible 21st-century millennial would do: he went online to get more ...

PH stocks mirror global weakness
Inquirer - 3 months ago
Ayala Land, Metro Pacific and Security Bank also slipped. Outside the PSEi, another notable decliner was MacroAsia, which gave up 11.59 percent. On the other hand, Jollibee and Meralco bucked the ...

Index snaps rally as Wall Street drops
philstar.com - 3 months ago
Market breadth was negative, 127 to 64 while 48 issues were unchanged. Among the top gainers were AbaCore Capital Hodings Inc., Filinvet Development Corp. and Aboitiz Equity Ventures which rose 12.2 percent, 6.6 percent and 3.1 percent, respectively.

COL Financial posts 32.7% income growth
philstar.com - 3 months ago
MANILA, Philippines -- Online stockbroker COL Financial Group Inc. said it posted a 32.7 percent growth in net income in the nine months to September despite the volatility in the stock market. Net income grew to P450.8 million for the period, already ...

MVP hopeful Philippines-China deal to jumpstart oil exploration projects
philstar.com - 3 months ago
The signing of a memorandum of understanding (MOU) between the Philippines and China is a small but significant step for the country, Pangilinan said in his message during the Meralco Technology and Innovation Summit 2018 yesterday. In addition ...

No. 1 Petron eyes sweep vs No. 2 Foton
philstar.com - 3 months ago
MANILA, Philippines -- Holder Petron brings out the broom as it eyes a perfect first-round ending today against second-running Foton in the Philippine Superliga All-Filipino Conference today at the Filoil Flying V Center. The well-oiled Blaze Spikers look ...