F2 Logistics out to foil fancied Foton
m.philstar.com - 2016-11-14
On the same note, Petron tries to tighten its hold on the second spot as it faces Generika at 7 p.m. while RC Cola-Army battles Cignal in the 3 p.m. appetizer. Reigning champion Foton remains on top of the leaderboard with a 6-0 slate while Petron is not ...

Stock market wipes out 2016 gains
Manila Standard Today - 2016-11-14
The Philippine Stock Exchange index, the 30-company benchmark ... while only two of the 20 most active stocks ended in the green. Alterra Capital Partners Inc. rose 0.7 percent to P2.99, while Cemex Philippines Holdings Inc. gained 0.5 percent to P11.42.

FDC grows profit by 21%
Philstar - 2016-11-14
MANILA, Philippines - Filinvest Development Corp. (FDC) reported a 21 percent growth in net income in the first nine months of the year to P5.9 billion, driven largely by its banking business. Its banking subsidiary, EastWest Bank, posted a net profit of ...

Metro Retail Group posts lower revenues
Philstar - 2016-11-14
MANILA, Philippines - Gaisano-led Metro Retail Stores Group Inc. (MRSGI) ended the first nine months of the year with P273 million in net income, down from the P344 million recorded in the same period last year. Net sales rose 6.1 percent to P23.7 billion ...

Power co-op seals supply deal with Aboitiz
Inquirer - 2016-11-14
Bukidnon Second Electric Cooperative Inc. (Buseco) has tapped AboitizPower subsidiary Hedcor to supply 5 megawatts to its franchise area in 2017. The deal comes as Hedcor is set to finish its 68.8-megawatt Manolo Fortich hydropower project by the second ...

Alliance Global, FDC boost earnings
Manila Standard Today - 2016-11-14
Conglomerates Alliance Global Group Inc. and Filinvest Development Corp. reported higher profits in the first nine months, on positive performance of core businesses. Alliance Global, the investment holding company of tycoon Andrew Tan, said net income in ...

GMA net income rose by 72% to P3.11 billion in January-September
BusinessMirror. - 2016-11-14
BUOYED by the windfall from the recently concluded national and local elections and supplemented by the improvement in sales from recurring placements, broadcasting company GMA Network Inc. saw profits surging by more than two thirds in the first three ...

Vista Land income rose 11% to P6.4 billion in January-September
BusinessMirror. - 2016-11-14
"We remain bullish with the expansion plans of our newly acquired subsidiary Starmalls Inc., which currently has 17 commercial assets in its portfolio, and that is on top of what we had prior to the acquisition," Vista Land Chairman Manuel Villar Jr ...

COMMENTARY: On Federalism
Mindanews - 2016-11-14
The Philippines is also considered a hybrid in international comparisons since the 1987 Constitution provided for a unitary system with 2 autonomous regions and autonomy for local governments. From the advocates for Philippine federalism and the statements ...

Oil firms to roll back pump prices Tuesday
interaksyon.com - 2016-11-14
Petron Corp., Pilipinas Shell Petroleum Corp., Phoenix Petroleum Philippines, Seaoil Philippines Inc., Flying V and PTT Philippines said in separate advisories Monday that they will reduce both diesel and gasoline prices by P0.65 per liter. Petron ...

Oil firms to roll back pump prices Tuesday
interaksyon.com - 2016-11-14
Pilipinas Shell Petroleum Corp., Phoenix Petroleum Philippines, Seaoil Philippines Inc., Flying V and PTT Philippines said in separate advisories Monday that they will reduce both diesel and gasoline prices by P0.65 per liter. Shell, Seaoil and Flying V ...

6 value for money properties that will make a good investment
Philstar - 2016-11-14
The playground at Deca Homes Indangan The basketball court at Deca Homes Indangan All photos by 8990 Holdings, Inc. READ MORE: Quiz: Will you make it till payday? How to financially prepare for a pet Quiz: Are you financially ready to own a home?

Big field vies in AGC golf today
Philstar - 2016-11-14
Inc., AutoHub, DDT Konstract, Emerald Vinyl Corp., Estron Architectural Hardware, Jethrock Construction Corp., Julant Pest Control, MMF Safety Glass Inc., Monark Equipment, OCM Builder, Supreme Steel Pipe Corp., Toyo Aluminum Panel and Wilcon.

Outstanding cooperatives in Makati recognized
Manila Standard Today - 2016-11-14
Among those feted for significant growth in total assets were first-placers PLDT Employees Credit Cooperative or PECCI (billionaire coop), Philippine Navy Finance Center Credit Cooperative (large coop), DBP Cooperative Credit Union (medium coop), Home ...

Benguet towns aided by Philex mining firm
thestandard.com.ph - 2016-11-14
TUBA, Benguet--Philex Mining Corp., in keeping with its advocacy to help communities in times of disaster, has donated 100 galvanized iron sheets to three typhoon-hit "Kabayan," Tublay, and Bokod. Typhoon "Lawin," the strongest typhoon in three ...

AUB reports 9-month net earnings of P1.8 billion
BusinessMirror. - 2016-11-14
Asia United Bank Corp. (AUB), the banking arm of the Rebisco group, doubled its net earnings in the first nine months after having recovered from an income slump during the same period in 2015. In a regulatory filing on Monday, the lender reported ...

Centro Escolar University Official
www.facebook.com - 2016-11-14
Olivarez College, Our Lady of Fatima University- Antipolo, Our Lady of Fatima- Valenzuela, Pamantasan ng Lungsod ng Maynila,San Beda College, University of Baguio, University of the Philippines, and University of Santo Tomas.

PLDT lowers 2016 revenue guidance to P28 billion
BusinessMirror. - 2016-11-14
GRAPPLING with intense price competition, a painful shift to the digital space and management adjustments, the largest telco operator in the Philippines decided to cut down its core guidance for 2016. Manuel V. Pangilinan, who chairs PLDT Inc., said his ...

Benguet towns aided by Philex mining firm
thestandard.com.ph - 2016-11-13
TUBA, Benguet--Philex Mining Corp., in keeping with its advocacy to help communities in times of disaster, has donated 100 galvanized iron sheets to three typhoon-hit "Kabayan," Tublay, and Bokod. Typhoon "Lawin," the strongest typhoon in three ...

Okada Manila hiring 8,000
Manila Standard Today - 2016-11-13
Bloomberry Resorts Corp., which runs Solaire Resort and Casino, posted a core income of P174 million, while Melco Crown Philippines, which built City of Dreams, reported net operating revenues of over P10 billion. After Okada Manila, the Westside City ...

COCKTALES | Amid Tugade's resistance, Duterte eyes Sangley as 2nd low-cost airport after Clark
interaksyon.com - 2016-11-13
According to the presentation, PAL Express, the budget subsidiary of Philippine Airlines, may relocate some of its flights to Sangley, following the earlier decision of PAL chairman Lucio Tan to lead the Sangley exodus with the transfer of the LT Group's ...

Market expected to remain volatile
thestandard.com.ph - 2016-11-13
Heavy losers were Globe Telecom Inc. which fell 14 percent to P1,490, Ayala Corp. which dropped 9.5 percent to P750 and GT Capital Holdings Inc. which went down 8.7 percent to P1,263.

SM Prime, Ayala reduce 2016 capex
thestandard.com.ph - 2016-11-13
Property developers SM Prime Holdings Inc. and Ayala Land Inc. reduced their capital expenditure budgets this year from their initial plans to rein in spending after embarking on aggressive expansion over the past several years. SM Prime said in its third ...

SM Prime, Ayala reduce 2016 capex
thestandard.com.ph - 2016-11-13
Property developers SM Prime Holdings Inc. and Ayala Land Inc. reduced their capital expenditure budgets this year from their initial plans to rein in spending after embarking on aggressive expansion over the past several years. SM Prime said in its third ...

MPIC keen on Indonesia toll road
thestandard.com.ph - 2016-11-13
Metro Pacific Tollways Corp., the toll road unit of infrastructure conglomerate Metro Pacific Investments Corp., is keen on acquiring up to a 45-percent interest in a tollway project in Indonesia. MPTC president and chief executive Rodrigo Franco said in a ...

Coal plants seen as white elephants
thestandard.com.ph - 2016-11-13
First Gen Corp. chairman and chief executive Federico Lopez asked the government to veer away from more coal plants to avoid "white elephant" projects, as climate change will likely force the development of more renewable energy projects.

Soleq offers lower charge to Meralco
thestandard.com.ph - 2016-11-13
Asian multinational company Soleq Solar Co. has challenged the price offer of PowerSource First Bulacan Solar Inc. to supply 50 megawatts of solar capacity to Manila Electric Co. Meralco president Oscar Reyes told reporters the company was still evaluating ...

Recent wins for foreign investments and exports
BusinessMirror - 2016-11-13
ON December 4 the Philippine Charity Sweepstakes Office (PCSO), together with the Philippine Racing Commission (Philracom) and the Manila Jockey Club Inc., will sponsor the 44th Presidential Gold Cup Race in San Lazaro Leisure and Business Park in ...

Online payment gateway for merchants seen to push local e-commerce growth
Philstar - 2016-11-13
PayMaya Philippines, the digital financial services arm of PLDT and Smart Communications and a unit of Voyager Innovations, recently launched PayMaya Checkout, a payment gateway facility that will allow businesses - even small and medium enterprises ...

Quezon City mayor wants outdated real property tax rates revised
Philstar - 2016-11-13
He said the value of land in Quezon City is lower compared to those in ... Nayon, Gulod, North Fairview, Sta. Monica, Lagro, Sta. Lucia, Kaligayahan and Pasok Putik on Nov. 16; and Barangays Pasong Tamo, Sauyo, TS, Culiat, New Era, Talipapa, Sangandaan ...

Big field vies in AGC golf today
m.philstar.com - 2016-11-13
The event is supported by chief sponsor Boysen Paints. Other backers are Panasonic, Hocheng Philippines (HCG), Kuysen Enterprises, Mitsubishi Motors Phils. Inc., AutoHub, DDT Konstract, Emerald Vinyl Corp., Estron Architectural Hardware, Jethrock ...

SM malls light up giant Christmas trees
Philstar - 2016-11-13
Hans Sy, chairman of the Executive Committee of SM Prime Holdings, Inc. led the lighting of the Christmas Tree, and was joined by Marissa Fernan, vice president of SM Prime Holdings, Inc., Clayton and Joji Tugonon who own the miniature items in the ...

Globe, Cebuana Lhuillier, Mynt sign strategic partnership
Philstar - 2016-11-13
CEBU, Philippines - In a bid to further push financial inclusion in the country, Globe Telecom, Cebuana Lhuillier and Mynt inked a memorandum of agreement that will pave the way for several initiatives combining the products and services of the three ...

2,000 MW power projects get DOE green light
Philstar - 2016-11-13
and the 64-MW Power Barge 103 of Phinma Energy Corp. in Lapu-lapu City, Cebu. The rest of the developments are renewable energy sources. Five of the eight RE projects are hydropower plants, of which the biggest is the 300-MW Bolusao pumped storage of San ...

STOCK-MARKET OUTLOOK
BusinessMirror - 2016-11-13
Losers edged out gainers at two to one. Top gainers were mostly mining firms led by Atlas Consolidated Mining and Development Corp., Nickel Asia Corp., A Brown Co. Inc., Benguet Corp. A, Manila Mining Corp. A and B, and Puregold Price Club Inc. Top losers ...

DMCI Homes posts strong sales, reservations in Jan-Sept
Philstar - 2016-11-13
MANILA, Philippines - Consunji-led DMCI Homes recorded an increase in sales and reservations of its residential units as of end-September. In a briefing, officials said DMCI recorded a 35 percent increase in sales of residential units to 5,842 as of ...

PH pitches in to build giant plane
Inquirer - 2016-11-13
An amazing showcase of advanced precision engineering ... At the Boeing Customer Experience Center in Renton, customers see the mock up of the new 7-series planes, marvel on the latest aviation engineering and innovation and can try landing a plane ...

8990 builds up profit in 9 months
Philstar - 2016-11-13
The company posted a net income of P3.19 billion from January to September this year, up one percent from the P3.17 billion booked in the same period last year, Januario Jesus Gregorio Atencio, president and chief executive officer of 8990 Holdings said ...

Ayala group nets P19.6B
Inquirer - 2016-11-13
Conglomerate Ayala Corp. grew its net profit in the first nine months by 11 percent year-on-year to P19.6 billion, driven by robust earning contributions from the banking, real estate and automotive businesses. Equity earnings from Bank of the Philippine ...

MPIC keen on Indonesia toll road
thestandard.com.ph - 2016-11-13
Metro Pacific Tollways Corp., the toll road unit of infrastructure conglomerate Metro Pacific Investments Corp., is keen on acquiring up to a 45-percent interest in a tollway project in Indonesia. MPTC president and chief executive Rodrigo Franco said in a ...

Megawide to bid for all airport deals under PPP
BusinessMirror. - 2016-11-13
Among the dozens of deals under the Public-Private Partnership (PPP) Program, Megawide Construction Corp. is interested in bidding for the redevelopment of the Ninoy Aquino International Airport (Naia), the development of five regional airports across the ...

LT Group net income rises 33% to P6.25B
The Daily Tribune - 2016-11-13
LT Group Inc. said its attributable net income for the first nine months of 2016 reached P6.25 billion, 33 percent higher than the P4.71 billion reported in the same period in 2015. Philippine National Bank accounted for P2.54 billion or 41 percent of ...

PAL to acquire 10 small aircraft
Manila Standard Today - 2016-11-13
The first A350 is scheduled to be delivered in 2018. Its parent firm, PAL Holdings Inc., posted a comprehensive net income of P4.62 billion in January to June, up from P5.94 billion in the same period last year.

LT Group income grows 33% to P6.25 billion in January-September
BusinessMirror. - 2016-11-13
Equity in net earnings from Victorias Milling Co. Inc. amounted to P96 million, or 2 percent of total. The PNB reported a net income of P5.91 billion under the pooling method, a 12-percent growth, from P5.26 billion last year. Income from the tobacco ...

Recent wins for foreign investments and exports
BusinessMirror. - 2016-11-13
ON December 4 the Philippine Charity Sweepstakes Office (PCSO), together with the Philippine Racing Commission (Philracom) and the Manila Jockey Club Inc., will sponsor the 44th Presidential Gold Cup Race in San Lazaro Leisure and Business Park in Carmona ...

Online beauty shopping without a credit card
BusinessMirror. - 2016-11-13
PayMaya is the globally recognized digital payments app from PayMaya Philippines, the digital financial-services arm of PLDT and Smart. Launched in September last year, the app has been the consistent No. 1 in the Google Play Philippines charts under the ...

STOCK-MARKET OUTLOOK
BusinessMirror. - 2016-11-13
Losers edged out gainers at two to one. Top gainers were mostly mining firms led by Atlas Consolidated Mining and Development Corp., Nickel Asia Corp., A Brown Co. Inc., Benguet Corp. A, Manila Mining Corp. A and B, and Puregold Price Club Inc. Top losers ...

Apple iPhone 8 rumored to feature larger curved edge display, plus other specs
The Latin Post - 2016-11-13
Rumors say that the next-gen iPhone will feature a curved screen as it coincides ... Samsung was the first player in the curved design screen; the South Korean corporation had launched its flagship Galaxy S6 with edge-to-edge curved display.

Open Universities offer opportunities for Filipinos to juggle work, academics
BusinessMirror. - 2016-11-13
Jalandoni said Grace Javier Alfonso, who was then-chancellor of UP Open University (UPOU), and National College of ... "It was one of the most important decisions I ever made in my entire adult life," Jalandoni said. "Although it was not an easy ...

Inaugurated NatGas plants to help secure energy supply
news.pia.gov.ph - 2016-11-13
BATANGAS CITY, Nov. 13 -- Committed to provide reliable and clean power supply towards industrialization, the Department of Energy (DOE) welcomes the commercial operation of the two natural gas-fired power plants, which were inaugurated by First Gen ...