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 ...

Mitsubishi boss bets on Filipinos
thestandard.com.ph - 2016-11-12
Mitsubishi Motors Philippines Corp., the local unit, is the first company to register ... Now, it is involved in automotive, mining, real estate, banking and insurance, construction, oil and gas, food and beverage, chemicals, steel, aviation telecom ...

Aboitiz unit prepares miracle food
Inquirer - 2016-11-12
When one thinks of relief goods, an assortment of grocery items automatically come to mind: Canned goods, sacks of rice, instant noodles. Biscuits--though easier to transport, store and consume--would most likely be last or absent on the list. But ...

Franchisee of US-based firm provides jobs to poor Filipinos
Inquirer - 2016-11-12
"In the Philippines, the poorest farmer will work hard to send their children to college, but many only make it to high school. Our requirement [in FMI] is only a high school diploma, just so they can read and be able to communicate. That is what makes ...

Hopeline, Lifeline
Philippine Daily Inquirer - 2016-11-12
Setting up the confidential crisis helpline in 2012 was part of its nine-year-old mental health campaign and an offshoot of the initial helplines that NGF started in 2009 for overseas Filipino workers and their families in partnership with Globe Telecom.

Mika dela Cruz to star in a series with Barbie Forteza
Philstar - 2016-11-12
CEBU, Philippines - GMA Network welcomes Mika dela Cruz as the newest addition ... Present at the contract signing were her managers GMA Artist Center and PPL Entertainment Inc. as represented by GMA Artist Center Assistant Vice President and Head for ...

Cebu Pacific earnings surge 97% in 9 months
Philstar - 2016-11-12
In a report to the Philippine Stock Exchange yesterday, Cebu Air Inc. said net profit reached P7.1 billion in the nine-month period this year from P3.6 billion in the same period last year. The higher net income was seen as revenues rose 10 percent to P46 ...

DMCI income drops to P9.2 B in January-September
Philstar - 2016-11-12
The company attributed the decline in income to weak profit contributions from its real estate, nickel mining and water businesses. Higher earnings from Semirara Mining and Power Corp offset the decline in the other businesses. Excluding a one-time gain of ...

Mitsubishi boss bets on Filipinos
Manila Standard Today - 2016-11-12
Mitsubishi Motors Philippines Corp., the local unit, is the first company to register ... Now, it is involved in automotive, mining, real estate, banking and insurance, construction, oil and gas, food and beverage, chemicals, steel, aviation telecom ...

Ayala profit rises 11% in 9 months
Philstar - 2016-11-12
By segment, ALI recorded a net income of P15.1 billion, an increase of 17 percent driven by higher revenues from its residential development and commercial leasing segments as well as commercial lot sales.

Foton tops Generika, stretches win streak MALOLOS
Philstar - 2016-11-12
Spelman, a 6-foot-7 American, posted big numbers, but it was the local crew who carried the fight in the deciding set to tow the Cargo Movers to the victory, their fourth in seven outings, putting them behind reigning champion Foton (6-0) and Petron (5-1).

NLEX nips Meralco in OT to rule Recoletos caging
Philstar - 2016-11-12
CEBU, Philippines - The NLEX Road Warriors gamely overhauled a 22-point deficit in the second quarter, then turned to the seamless offensive show by Garvo Lanete in overtime to down sister-team Meralco Bolts, 98-94, and rule the 1st Recoletos Invitational ...

Oscars of watchmaking cites best watches of 2016
BusinessMirror. - 2016-11-12
You can have the Grand Feu enamel dial very subtly--almost invisibly--engraved to add further pleasure in enjoying the sweep of its cambered fleur-de-lis hands.

Century Properties: Fulfilling dreams, nurturing communities in the new century
Philstar - 2016-11-12
pursuing a post-graduate degree at Ateneo de Manila Graduate School of Business, major in business management, and attending Harvard Business School under the owner/president management program, where he had the distinction of delivering the commencement ...

Stocks plunge again; peso nearly hits 49:$1
Manila Standard Today - 2016-11-11
The Philippine Stock Exchange Index lost 206.78 points ... Conglomerate Ayala Corp. sank 6.2 percent to P750, while GT Capital Holdings Inc. of tycoon George Ty tumbled 5.4 percent to P1,263. Globe Telecom Inc., the second biggest telecommunications ...

Ayala records P19.6-b profit
thestandard.com.ph - 2016-11-11
Conglomerate Ayala Corp. booked a net income of P19.6 billion in the first nine months of the year, up 11 percent year-on-year, on the robust performance of its banking, real estate and automotive ... from the Bank of the Philippine Islands and Ayala ...

Ayala records P1.9.6-b profit
thestandard.com.ph - 2016-11-11
Conglomerate Ayala Corp. booked a net income of P19.6 billion in the first nine months of the year, up 11 percent year-on-year, on the robust performance of its banking, real estate and automotive ... from the Bank of the Philippine Islands and Ayala ...

Getting a bigger bang for your condo
Manila Standard Today - 2016-11-11
Foreign investors are keen on investing in properties in the Philippines. Naturally ... MaƱalac, chairman and co-founder of HAVITAS Development Corp., told the Manila Standard that projects that offer professional asset management have an edge in this ...

My bold prediction about Trump and Duterte
Philippine Daily Inquirer - 2016-11-11
A week later, Yolanda struck. And because we were prepared, my medical and mercy mission was the first NGO to reach Tacloban City three days after Yolanda, with the help of Ramon Ang who then owned Philippine Airlines.

Passion, determination allow lady exec to capture markets
Inquirer - 2016-11-11
Tuason-Magpoc did not have any second thoughts of moving to Sta. Lucia Land, as she saw this opportunity as the perfect tool for her to achieve her goals. "I decided to move to Sta. Lucia because that time, they already have a number of projects which ...

WATCH | First Gen, DOE kick off 2 natural gas-fired power plants in S. Luzon
interaksyon.com - 2016-11-11
Francis Giles Puno, president and chief operating officer of First Gen Corp., explained it thus: "The advantage of gas is for any intermittent [renewable] particularly solar and wind - sometimes it's a windless day - gas can easily adapt to that ...

WATCH | First Gen, DOE kick off 2 natural gas-fired power plants in S. Luzon
interaksyon.com - 2016-11-11
Francis Giles Puno, president and chief operating officer of First Gen Corp., explained it thus: "The advantage of gas is for any intermittent [renewable] particularly solar and wind - sometimes it's a windless day - gas can easily adapt to that ...

5 listed firms win Bell
Inquirer - 2016-11-11
... for publicly listed companies and trading participants--China Banking Corp., Philex Mining Corp., Aboitiz Power Corp., and Ayala-led companies Manila Water Co. Inc. and Cebu Property Ventures and Development Corp. were named the "best of the best ...

Ayala books P19.6B net profits, up 11%, in first 9 months
interaksyon.com - 2016-11-11
Through Integrated Micro-Electronics and Ayala Automotive, Ayala is leveraging the group's experience and expertise in automotive electronics and distributorship to assemble a portfolio of investments in vehicle manufacturing, assembly, retail, and tier 1 ...

GERI earns P754 M, up 41% in 9 months
Philstar - 2016-11-11
MANILA, Philippines - Global-Estate Resorts Inc. (GERI) grew its net income by 41 percent to P754 million in the nine months to September. Total revenues rose 15 percent year-on-year from P3.8 billion a year ago. "This notable growth was imputed by its ...

LT Group hikes profit to P6.25 B in Jan-Sept
Philstar - 2016-11-11
Meanwhile, equity in net earnings from Victorias Milling Co. Inc. amounted to P96 million or two percent of the total. PNB posted a net income of P5.91 billion during the nine-month period, up 12 percent as net interest income increased by 14 percent to ...

Full steam ahead at Tutuban
Philstar - 2016-11-11
Some of those who have left before have come back," says Rowena Tomeldan, president of Tutuban Properties Inc., a wholly-owned subsidiary of Prime Orion Properties of which Ayala Land has acquired 51-percent majority stake. "We have the wholesalers as ...

PLDT Home Fibr expands coverage
Philstar - 2016-11-11
MANILA, Philippines - PLDT Inc. has expanded the coverage of broadband service PLDT Home Fibr as it now serves over 2.5 million homes in the country. "As a result of our aggressive rollout program, PLDT now has over 140,000 kilometers of fiber optic ...

PH stocks hit lowest level in 8 months
Inquirer - 2016-11-11
The PSEi was weighed down by AC which fell by 6.25 percent while GTCAP, DMCI and Globe fell by over 5 percent. Metrobank, Megaworld and AEV slipped by over 4 percent while ALI, PLDT and Jollibee slid by over 3 percent. URC, ICTSI, SMIC, MPI, Security Bank ...

RC-Army goes up vs Petron, Niemer
Philstar - 2016-11-11
MALOLOS CITY, Philippines - Fresh from a rebound, RC Cola-Army tests its mettle against super import Stephanie Niemer and Petron when action in the Asics Philippine Superliga Grand Prix erupts today at the Malolos Sports and Convention Center. Game time ...

Power-sector players still await clear-cut policy on energy mix
BusinessMirror. - 2016-11-11
Should we turn to coal plants...should we turn to gas plants?" First Gen Corp. of the Lopez group, meanwhile, said it would continue to draw up investment plans amid the absence of an energy-mix policy from the government. First Gen Corp. President ...

Emperador raises earnings 5% in 9 months
Philstar - 2016-11-11
MANILA, Philippines - Emperador Inc. grew its net income by five percent in the first nine months of the year on higher margins achieved through cost efficiency. The company, which owns the Scotch whisky brand of Whyte and Mackay as well as some Spanish ...

Annual Mining Confab set on Nov. 15 to 18 in Baguio City
news.pia.gov.ph - 2016-11-11
Special guests are South African Ambassador to the Philippines Martin Slabber, South Africa Deputy Minister for Mineral Godfrey Oliphant and Philex Mining Corporation President and Chief Executive Officer Eulalio Austin. On November 18 will be the Minerals ...

DMCI income slips 6% on weak contribution of property, mining, water units
BusinessMirror. - 2016-11-11
DMCI Holdings Inc. recorded a 6 percent drop in its net income for the three quarters of the year to P9.2 billion from P9.75 billion last year, dragged mostly by its property development arm, nickel mining and water businesses. Excluding a one-time gain of ...

And the 2016 Bell Awardees are...
Inquirer - 2016-11-11
... award-giving body for publicly listed companies and trading participants - China Banking Corp., Philex Mining Corp., Aboitiz Power Corp. as well as Ayala-led companies Manila Water Co. Inc. and Cebu Property Ventures and Development Corp. were ...

Ayala Corp. January to September income rises 11 percent
BusinessMirror. - 2016-11-11
Equity earnings from the Bank of the Philippine Islands and Ayala Land climbed 23 percent and 17 percent, respectively. Meanwhile, equity earnings from Ayala Automotive nearly tripled during the period. "As they execute on their individual 2020 ...

Filinvest Land nets P3.5B
Inquirer - 2016-11-11
GOTIANUN-led property developer Filinvest Land Inc. increased net profit in the first nine months by 7 percent year-on-year to P3.46 billion, driven mostly by higher rental revenues from its office property portfolio. Consolidated revenues reached P13.60 ...

Army faces dangerous Petron in PSL
m.philstar.com - 2016-11-11
MANILA, Philippines - After getting back on winning track, RC Cola-Army tests its power against super import Stephanie Niemer and Petron when action in the Philippine Superliga Grand Prix erupts tomorrow at the Malolos Sports and Convention Center.

BOI expects upsurge in investments registration in coming months
news.pia.gov.ph - 2016-11-11
MAKATI CITY, Nov. 11 -- The Philippine Board of Investments (BOI ... billion or 15 percent share); agriculture sector (P6.58 billion or 12 percent share); real estate activities sector (P6.37 billion or 12 percent share); logistics or water transport ...

15 Pinoy jins compete in World Jr Taekwondo
Philstar - 2016-11-11
MANILA, Philippines - Fifteen Philippine junior team members carrying the colors of Meralco/MVP Sports Foundation will vie for honors in the 2016 World Junior Taekwondo Championships on Nov. 16-20 in Burnaby, Canada. The Filipino athletes are: Male ...

Is Lincoln crying?
MSN - 2016-11-11
B. Antonio -- as a special envoy for trade, investment and economic affairs. Mr. Antonio is the Chair of Century Properties Group, which is building the Trump Tower at Century City in Makati City. While the votes were being counted, I was a delegate to the ...

Du30: No more fights with US
thestandard.com.ph - 2016-11-11
Antonio had previously partnered with real-estate developer and former TV ... Antonio is also a founder and chairman of the Philippine-China Business Council and vice chairman of Penta Pacific Realty Corp. and Subic Air Charter Inc. Communications ...

7-Eleven continental cycling team mission: Tokyo 2020
BusinessMirror. - 2016-11-11
In Photo: The 7-Eleven Continental Cycling Team is bringing Philippine pride overseas with former Le Tour de Filipinas champion Marc Galedo at the forefront. IT is fitting that a country that hosts a race calendared by the International Cycling Union (UCI ...

Stock market rallies; ICTSI, Puregold climb
thestandard.com.ph - 2016-11-10
The Philippine Stock Exchange Index rose 62.83 points, or 0.9 percent, to 7,181.87 on a value turnover of P7.2 billion. Gainers swamped losers, 135 to 56, with 45 issues unchanged. International Container Terminal Services Inc., the biggest port operator ...

Leading construction trade show opens
Philstar - 2016-11-10
MANILA, Philippines - The construction industry is on a roll as ... chairman of Philconstruct Events, Exhibitions and Conference Corp. (PEECC), the company behind the exhibition. He said one of the highlights of the event is the exchange of knowledge ...

Business units boost San Miguel core profit to P31.1B at end-Sept.
Inquirer - 2016-11-10
SMC Global Power Holdings Corp. grew its net profit by 320 percent to P5.74 billion while Petron Corp. posted a 47 percent increase in net profit to P7.43 billion. SMC also announced a plan to raise as much as P60 billion from an offering of new bonds ...

Apex Mining profit grows nearly 4-fold in 9 months
Philstar - 2016-11-10
MANILA, Philippines - Apex Mining Co. Inc. reported a consolidated net income of P291 ... Apex said in a disclosure to the Philippine Stock Exchange (PSE) yesterday. The parent company alone recorded a net income of P323 million during the nine-month ...

Telecommuting seen to help resolve traffic crisis
Philstar - 2016-11-10
During the 1st DICT Summit, DICT Secretary Rodolfo Salalima signed a resolution with representatives from the private sector such as Globe Telecom Inc., Smart Communications Inc., PLDT Inc., Microsoft Inc., Cisco Inc., Philippine Association of Private ...

7-Eleven licensee earns 25% more
Philstar - 2016-11-10
MANILA, Philippines - Philippine Seven Corp. (PSC), the local licensee of 7-Eleven convenience stores, grew its net income by 24.8 percent to P643.4 million in the nine months ending September this year. This was on the back of system wide sales growth of ...

San Miguel profit more than doubles
Philstar - 2016-11-10
The new businesses likewise performed well with SMC Global Power Holdings Corp. posting an operating income growth of 18 percent, Petron Corp. at 23 percent and San Miguel Holdings, which operates its toll roads, at seven percent. Consolidated EBITDA ...