GBPC launches 150-MW power plant in Panay
The Daily Tribune - 2016-11-23
Global Business Power Corp. (GBPC ... Manuel Pangilinan, chairman of the Metro Pacific Investments Corp., the biggest shareholder in the project at over 60 percent through Beacon Holdings, said he is happy for taking part in the development process ...

Teachers discover benefits of technopreneurship in Smart training
Press Release Point - 2016-11-23
One of the proposals was for an app that could track data and mobile consumption in real-time. The teachers from De La Salle University of Lipa explained that their idea aimed to help users budget their expenses by efficiently monitoring mobile usage.

Have a lit holiday season
BusinessMirror. - 2016-11-23
with Ruby Chiong (from left), Ayala Land VP; Junie Jalandoni, Ayala Land SVP and group head of Commercial Malls, Commercial Offices, and Hotels and Resorts, and ALI Capital; Sofia Zobel Elizalde, Steps Dance Project founder and directress; Bobby Dy ...

Regulators want additional independent bank directors
BusinessMirror. - 2016-11-23
Earlier in July, the Rizal Commercial Banking Corp. (RCBC) reorganized its board and appointed seven, or more than half, the number of independent directors to its 15-member board. This was after the bank was involved with the $81-million money-laundering ...

First Metro partners with 6 stockbrokers
BusinessMirror. - 2016-11-23
The platform now includes First Metro Asset Management Inc., ALFM-BPI Investment Management Inc ... This platform broadens the services offered by FirstMetroSec, from Philippine Stock Exchange-listed stocks to peso-denominated mutual funds offered ...

BSP: Growth set to continue
Manila Standard Today - 2016-11-23
The strength of the Philippine economy was driven by more than two decades ... almost everyday with ease as the topside seems to be the path of least resistance," Metrobank said.

Manila Water completes Marikina sewage treatment plant
Inquirer - 2016-11-23
"Built with world-class design and technology, this project is a major milestone in our efforts to improve health and sanitation in the east ... marine life based on the standards followed by the Department of Environment and Natural Resources.

PDI president, 13 others receive CEO Excel Awards
Philippine Daily Inquirer - 2016-11-23
Supreme Court Chief Justice Maria Lourdes Sereno; The Philippine Star senior vice president for sales and marketing Lucien Dy Tioco; Pepsi-Cola Products Philippines Inc. president/director Furqan Ahmed Syed; and Ateneo de Manila University president Fr.

Meralco interested in 2 electric co-ops in Zamboanga, Batangas
BusinessMirror. - 2016-11-23
Debt-saddled Zamcelco has also caught the interest of Aboitiz Power Corp. "If they go for IMC, then we would definitely look at it," Aboitiz Power President and COO Antonio R. Moraza said in a text message. "We are always interested in new ...

CEO Awards honors Cabangon
BusinessMirror. - 2016-11-23
Pepsi-Cola Products Philippines Inc. President and Director Furquan Ahmed Syed and Ateneo de Manila University President Fr. Jose Ramon Villarin, S.J.. Cabangon currently heads the companies his father established and led for more than 50 years.

Alvarez: 'Uncooperative DOTr' delaying emergency powers on traffic
Rappler - 2016-11-23
On Wednesday, the DOTr announced that Kintanar had resigned, effective Tuesday, November 29. Kintanar is a former Ayala Corporation executive. "Mr Kintanar said he would like to give Secretary Tugade a free hand in addressing any and all misconceptions or ...

Philippines money laundering body charges bankers for ignoring cyber heist
interaksyon.com - 2016-11-23
They succeeded in transferring some $81 million via an account at the New York Federal Reserve to four accounts in fake names at a branch of Rizal Commercial Banking Corp in Manila. Most of the cash was quickly withdrawn and laundered through multiple ...

Negros Oriental
Visayan Daily Star - 2016-11-23
Tristan Lasmarias, senior vice president and cluster head of Filinvest Land Inc., said this is a dream come true for the company which had eyed investment in Dumaguete City for a long time and now this has come to fruition. Lasmarias, in an interview ...

6 RCBC execs sued for laundering
Manila Standard Today - 2016-11-22
Officers of the Anti-Money Laundering Council filed money laundering charges before the Justice Department against six other officials of Rizal Commercial Banking Corp. in connection with the $81-million laundering scam that rocked the domestic banking ...

Market plunges; Jollibee rises
thestandard.com.ph - 2016-11-22
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, gained 0.5 percent to P12.76. Meanwhile, Asian markets rose Tuesday with energy stocks tracking a surge in oil prices, while Tokyo recovered an early sell-off caused by a huge earthquake ...

DMCI set to complete power plant in Palawan
thestandard.com.ph - 2016-11-22
DMCI Power Corp. of the Consunji Group is investing P620 million to complete a 10-megawatt bunker fired power facility that will deliver electricity to the Palawan grid. "Construction of the Aborlan plant is proceeding as scheduled. We expect it to go ...

Ayala hikes stake in wind power firm
thestandard.com.ph - 2016-11-22
AC Energy Holdings Inc., a unit of Ayala Corp., said Tuesday wholly-owned subsidiary Presage Corp. acquired an additional 17.79-percent stake in NorthWind Power Development Corp., increasing its effective ownership interest to 67.79 percent from 50 percent.

Ayala hikes stake in wind power firm
thestandard.com.ph - 2016-11-22
AC Energy Holdings Inc., a unit of Ayala Corp., said Tuesday wholly-owned subsidiary Presage Corp. acquired an additional 17.79-percent stake in NorthWind Power Development Corp., increasing its effective ownership interest to 67.79 percent from 50 percent.

DMCI gets income tax break for Palawan power facility
Philstar - 2016-11-22
MANILA, Philippines - Off-grid energy producer DMCI Power Corp. (DPC) has gained tax breaks for its P620-million power facility which will provide 10 megawatts (MW) of supply in Palawan by year-end. The Board of Investments (BOI) recently granted DPC a ...

FLI plans P30-B bond offer
Philstar - 2016-11-22
FLI is the property arm of Filinvest Development Corp., which has earmarked P44 billion in capital expenditures this year. FLI registered a seven percent increase in net earnings to P3.5 billion as of end-September, as revenues grew six percent to P13.6 ...

AC Energy takes control of pioneering wind farm
Philstar - 2016-11-22
MANILA, Philippines - AC Energy Holdings Inc., the power investment arm of the Ayala Group ... wholly owned subsidiary Presage Corp., Ayala Corp. told the Philippine Stock Exchange yesterday. NorthWind owns and operates the 52-MW Bangui wind project ...

Stockholders OK MNTC-TMC merger
Philstar - 2016-11-22
MNTC is the concessionaire for both the NLEX and Subic-Clark-Tarlac Expressway. It is also the designated company for the NLEX-South Luzon Expressway connector road project. TMC meanwhile, is engaged in the operations and maintenance of tollways ...

PLDT sees revenue boost from fixed-line business
Philstar - 2016-11-22
MANILA, Philippines - PLDT Inc. is seeing the consumer fixed-line and enterprise businesses as revenue growth drivers as the group is moving away from voice and text messaging to put more focus on data and digital services. In a statement yesterday, PLDT ...

Megaworld putting up new Bacolod commercial town center
Philstar - 2016-11-22
MANILA, Philippines - Megaworld Corp. is constructing a 7.5-hectare commercial town center on the Bacolod side of the rising 53-hectare Northill Gateway township in Negros Occidental. The company expects to commence construction of the town center early ...

In the future, it may not matter what politicians think about trade
CNBC - 2016-11-22
Mehrotra said that even though 2016 U.S. online retail sales have ... of pulling out of a deal on the Trans-Pacific Partnership, or TPP. The "WTO has played an important role in the world on creating a rules-based system," Spooner said.

PDI president, 13 others receive CEO Excel Awards
Philippine Daily Inquirer - 2016-11-22
Supreme Court Chief Justice Maria Lourdes Sereno; The Philippine Star senior vice president for sales and marketing Lucien Dy Tioco; Pepsi-Cola Products Philippines Inc. president/director Furqan Ahmed Syed; and Ateneo de Manila University president Fr.

Ex-RCBC treasurer, 5 others charged over bank heist
Philstar - 2016-11-22
MANILA, Philippines - A former treasurer of Rizal Commercial Banking Corp. and five other officers and employees were charged before the Department of Justice for violating Republic Act 9160, the Anti-Money Laundering Act of 2001 in connection with the $ ...

Sale of lots at SRP illegal -- Garcia
Philstar - 2016-11-22
Garcia is referring to the sale of the portions of the property in favor of SM Prime Holdings, Filinvest Land, Inc., Ayala Land, and Cebu Holdings. Garcia explained that the sales were made without prior "authority from Congress," which violates ...

Public-Private Partnership Center has new executive director
news.pia.gov.ph - 2016-11-22
He has a PhD in Energy Engineering from the University of the Philippines under a joint program with the University of Wisconsin, a Master of Business Administration (MBA) from the Kellogg School of Management of Northwestern University, and a Bachelor of ...

DOE Chief salutes linemen-heroes of Task Force Kapatid
news.pia.gov.ph - 2016-11-22
Manila Electric Company, National Grid Corp. of the Philippines, Nueva Ecija I Electric Cooperative, Nueva Ecija II Electric Cooperative -Areas 1 & 2, Pampanga I, II, & III Electric Cooperatives, Pampanga Rural Electric Service Cooperative, Pangasinan I ...

All glitter and glamor at 2nd Virtus Awards
manilarepublic.com - 2016-11-22
ABS-CBN Broadcasting Corp., Isabella Sy Palanca, Ph.D., President, The Mother Company, Lyn Gueco Tamparong, Past President, HSMA, and Ma. Concepcion Yabut, City Councilor, First District, Makati City. Prior to the announcement of winners, the child ...

AMLC files charges vs RCBC officers on Bangladesh Bank heist
Rappler - 2016-11-22
has filed charges against the former treasurer and 5 other officers and employees of listed Rizal Commercial Banking Corporation (RCBC) in connection with the $81-million cyber heist involving the funds owned by Bangladesh Bank. Charged before the ...

City to donate lot for Tuburan NHS
news.pia.gov.ph - 2016-11-22
City Schools Division of Cagayan de Oro a parcel of land to be used as school site of Tuburan National High School. This was reviewed and endorsed by the committees on education and on laws and rules. The lot is identified as Lot. No. 20866-A with an area ...

PLDT pins hopes on fixed-line segment
interaksyon.com - 2016-11-22
MANILA -- Even as PLDT continues to pour investments to beef up its wireless business, the Pangilinan-led telco is pinning its future growth on the expansion of its fixed-line connectivity. The company this year spent a record-high P48 billion, bulk of ...

We Found Pia Wurtzbach's Doppelganger And She's Gorgeous AF
fhm.com.ph - 2016-11-22
She is the younger sister of FEU courtside reporter and recently-crowned Mutya ng Pilipinas-Asia Pacific International winner Ganiel Khrisnan. We checked her other social media accounts to do further research. While we were not able to find out any other ...

Benguet Corp faces P24-M fine for tailings leak in old mine
Rappler - 2016-11-22
CAGAYAN, Philippines - The Philippines' oldest mining company, Benguet Corporation (BC), is facing a fine of at least P24 million ($481,911.81) for leaked tailings from its old open-pit mine in Itogon, Benguet. Reynaldo Digamo, regional director of the ...

PhilWeb to restart operations
thestandard.com.ph - 2016-11-22
WAS President Duterte aware of the unannounced burial of the remains of the late strongman President Ferdinand Marcos at the Libingan ng mga Bayani? Of course, and the buck should stop with him. Why would the Armed Forces of the Philippines give Marcos ...

Lead Generation Specialist
www.onlinejobs.ph - 2016-11-22
I worked for 6 months as Marketing Assistant at Jollibee Foods Corporation. And 10 months as Marketing Assistant at Mcdonald Corporation.

MEGAWIDE CONSTRUCTION CORP
Economic Times - 2016-11-22
Two people were injured after part of an under-construction metro bridge collapsed in Sardari khera area of Alambagh in Lucknow. The negative cash flows from operations are a legacy of the aggressive bidding seen during FY10-FY12, when companies focused on ...

Synergy Grid and Development Phils Inc (SGP)
investing.com - 2016-11-22
Synergy Grid & Development Phils., Inc. is a Philippines-based company engaged in general construction and other allied businesses. The Company has no commercial operations. The Company was a mining company. National Futures Association (United States), U ...

Gas prices up today
Philstar - 2016-11-21
There will be no price movements on diesel and kerosene prices, oil firms said yesterday. Petron Corp. said it will implement a fuel price hike of P0.10 per liter on gasoline effective 6 a.m. In another text advisory, SeaOil Philippines Inc. said the same ...

Telecom battleground shifts from wireless to fixed lines
Manila Standard Today - 2016-11-21
PLDT Inc. is now looking at the fixed line business as the new ... third quarter to P65 million from P68 million in the second quarter of the year. Rival Globe Telecom gained 4.1 million subscribers to 65.4 million in the third quarter from 61.3 million ...

Telecom battleground shifts from wireless to fixed lines
thestandard.com.ph - 2016-11-21
PLDT Inc. is now looking at the fixed line business as the new ... third quarter to P65 million from P68 million in the second quarter of the year. Rival Globe Telecom gained 4.1 million subscribers to 65.4 million in the third quarter from 61.3 million ...

Stock index falls below 7,000 mark
thestandard.com.ph - 2016-11-21
The Philippine Stock Exchange index, the 30-company benchmark ... PhilWeb Corp. surged 18 percent to P11, while Globe Telecom Inc. climbed 3 percent to P1,422. Fund flow reversal. A lot has changed since May, when Rodrigo Duterte was elected the next ...

Arthaland to boost projects by 5 times
thestandard.com.ph - 2016-11-21
Arthaland Corp., a property developer controlled by the Po family, aims to grow its real estate portfolio by nearly five times over the next six years amid a positive outlook for the industry. Documents filed with the Securities and Exchange Commission ...

Real estate players see more opportunities under Trump
Philstar - 2016-11-21
The Philippines, in fact, is no longer a strange expansion destination for Trump as he already have a presence in the real estate market here through the Trump Manila by Century Properties Group Inc. Significantly, the new special envoy to the United ...

PAL cool on proposed hike in fuel excise tax
Philstar - 2016-11-21
MANILA, Philippines - National carrier Philippine Airlines (PAL) is lukewarm to a proposal of the Department of Finance (DOF) to raise excise tax on fuel, citing it could lead to a weak demand for travel. PAL president and chief operating officer Jaime ...

Cargo Movers eye playoffs vs Troopers
m.philstar.com - 2016-11-21
Petron, Foton and F2 Logistics. Should they hurdle the playoffs, the Cargo Movers will be pitted against the No. 2 seed in a one-game semifinal duel set at the Ibalong Centrum for Recreation in Legazpi City on Dec. 3. F2 Logistics coach Ramil de Jesus said ...

Deconstructing Duterte
Philstar - 2016-11-21
At present, he is the vice chairman and corporate counsel of PHILTRUST Bank; dean of the CEU School of Law and Jurisprudence; chairman of the Supreme Court Committee, Revision of the Rules on Criminal Procedure; and managing Partner, Juris Praesidium Secundum.

Jollibee, Vietnam partner to list Highlands Coffee
Philstar - 2016-11-21
MANILA, Philippines - Homegrown Asian food service firm Jollibee Foods Corp. (JFC) and partner Viet Thai International Joint Stock Co. plan to list their Highlands Coffee business in the Vietnam Stock Exchange. In a disclosure to the local bourse ...