Yolanda memories: Hope amid despair
BusinessMirror. - 2016-11-06
Del Ponso recalled that when they learned Yolanda made landfall at Guiuan and Hernani on November 8, they immediately bought tickets from Philippine Airlines for a flight to Cebu. "Nobody was flying to Tacloban. We went to Cebu on the first flight ...

Young achievers joined 11th Aboitiz Future Leaders Business Summit
BusinessMirror. - 2016-11-06
AEV is the publicly listed holding and investment company of the Aboitiz Group, with major investments in power, banking and financial services, food, land and infrastructure. AEV is recognized as one of the best-managed companies in the Philippines and in ...

Historic BSP sanction pulls RCBC earnings lower
BusinessMirror. - 2016-11-06
Rizal Commercial Banking Corp. (RCBC) reported lower preliminary net earnings in the first nine months of only P3.50 billion from year-ago profits reaching P3.62 billion. This developed in the wake of the hugely punitive fine of P1 billion imposed on the ...

MMDA: Megawide committed to complete southwest provincial terminal in 18 months
BusinessMirror. - 2016-11-06
THE Metropolitan Manila Development Authority (MMDA) on Sunday said Megawide Construction Corp. has committed to finish the southwest provincial terminal along Coastal Road in Parañaque City in 18 months as part of the Integrated Transport System (ITS ...

Mall of Kitchens tours customers to facility
thestandard.com.ph - 2016-11-06
The first foodservice mall in the Philippines underwent major ... senior buyer Agnes Pascual and VP for Purchasing Malou Gloria William Stelton, chairman of Techno Holdings Corp., and Roland Verzosa, president of Technolux, were at MOK to welcome guests ...

PSE suspends trading of Liberty Telecoms shares
BusinessMirror. - 2016-11-06
San Miguel, however, chose the easy route and instead sold the spectrum to PLDT Inc. and Globe Telecom Inc., the two major telco firms. The companies said they did not disclose it since it was unable to use its 700-megahertz spectrum assignment and has no ...

US elections: Fil-Ams cross party lines, make hard choices
Rappler - 2016-11-06
"That was the slogan of Ferdinand Marcos when he declared martial law in the Philippines," reminded Sitcharungsi ... vice president with Union Bank, a registered Democrat who feels that his party ideology is "more important now than ever."

70 percent of Filipinos favor vaping
BusinessMirror. - 2016-11-06
Tom Pinlac, president of TheVapers.ph, a group ... Inc. (Pecia), started vaping in 2010 and has been of better health since. Pecia, the largest association of e-cigarette and e-juice manufacturers and importers in the Philippines, has some 80 member stores ...

Globe raising stake in Taodharma Inc
Philstar - 2016-11-05
MANILA, Philippines - Globe Telecom Inc. is hiking its interest in selling and distribution firm Taodharma Inc. In a disclosure to the Philippine Stock Exchange yesterday, Globe said "our Board of Directors, at its meeting today, approved the increase ...

iPhone 7 available in Philippines starting next week
Philstar - 2016-11-05
Telcos Smart Communications Inc. and Globe Telecom Inc. have started accepting pre-orders for the new iPhones. Smart said customers could get the most advanced iPhones beginning Nov. 11. To pre-order the new iPhones via Smart, customers can visit smart.com ...

How a lady wooed Koreans to the Philippine Islands
BusinessMirror. - 2016-11-05
At first, only Asiana Airlines, Philippine Airlines, AirAsia and Korean Air were offering flights to Korea, then in 2009 it was followed by Cebu Pacific, Jeju Air, Air Busam and Jin Air followed on the Korean side. The Korean market hit its 1-million mark ...

Style file
The Daily Tribune - 2016-11-05
Popular Spanish brand (Sfera)'s fall/winter 2016 collection for women channels decadent romanticism, minimal 'athleisure' and '80s Rock, bringing the spontaneous mix-and-match of various prints and colors of fashion pieces, that made a short cameo in the ...

IMI profit up 4% in 9 months
Philstar - 2016-11-05
MANILA, Philippines - Integrated Micro-Electronics Inc. (IMI) posted a net income of $28.8 million ... IMI chief executive officer Arthur Tan said the company aims to move up the value chain by partnering with customers who are also navigating their ...

Globe Telecom ups stake in Taodharma to 67%
Rappler - 2016-11-05
MANILA, Philippines - Globe Telecom Incorporated has increased its stake to 67% in Taodharma Incorporated, a unit of the Tao Group of Companies that holds exclusive licensee of Allphones Australia in the Philippines. The Ayala-led telco told the ...

MMDA says no more road diggings
thestandard.com.ph - 2016-11-04
DMCI is the contractor of two ongoing major projects - Skyway Stage 3 and NAIA Elevated Expressway projects. Both projects are affecting the traffic flow in the southern part of Metro Manila. Orbos said the contractor made the demolition despite knowing ...

Market rises; Bloomberry up
thestandard.com.ph - 2016-11-04
Property developer Megaworld Corp. rose 3.6 percent to P4.02, while water concessionaire Manila Water Company Inc. added 3.3 percent to close at P31. Meanwhile, a global stocks selloff extended into Friday trading as crude oil held near a one-month low and ...

Belle opts to cancel LRWC deal
Manila Standard Today - 2016-11-04
Belle Corp., the gaming and property unit of the Sy family, said Friday it terminated a revenue sharing agreement with bingo operator Leisure Resorts World Corp. over City of Dreams Manila. Belle said in a disclosure to the stock exchange it would pay LRWC ...

TV rating leadership still a toss-up in Oct
Philstar - 2016-11-04
MANILA, Philippines - ABS-CBN Corp. and GMA Network Inc. both claimed to have topped nationwide television (TV) ratings in October. In a statement yesterday, ABS-CBN said it kept its lead in the TV ratings game as it obtained a national average audience ...

A night of thanksgiving and appreciation
Philstar - 2016-11-04
Security Bank Corporation marked its 65th anniversary by organizing a lavish celebration as a way of saying "thank you" to its leading customers. The Rizal Ballroom of Makati Shangri-La was packed with the crème de la crème of the business world as ...

4 days to go: Here's the US election cheatsheet for financial markets
Economic Times - 2016-11-04
Hospital operators and Medicaid providers such as HCA Holdings Inc. and Universal ... Strategas also likes First Solar Inc. in that scenario. Evercore ISI adds General Electric Co., Tesla Motors Inc., SolarCity Corp. and Exelon Corp. to the list in its ...

Bond listings near P100-B target
Philstar - 2016-11-04
Other companies that have issued bonds this year include Metrobank with P8.65 billion in long-term papers, SM Prime Holdings (P10 billion 2026 bonds), SMC Global Power Holdings (P15 billion bonds) and Ayala Corp. (P10 billion 2023 bonds). Ayala Land also ...

Lawmakers, Bato fly to Vegas for Pacquiao bout
Philstar - 2016-11-04
Like Tiangco, the earliest they could reach Manila is Tuesday. That is, if they take the Sunday evening Los Angeles or San Francisco direct flights of Philippine Airlines, which will arrive here about 4:30 a.m. Tuesday. Alvarez and Fariñas need not be ...

LRWC sells stake in City of Dreams
Philstar - 2016-11-04
MANILA, Philippines - Leisure and Resorts World Corp. (LRWC) has sold its interest in the gaming operations of City of Dreams Manila in favor of Belle Corp., the high-end property developer of the SM Group. Belle Corp. and LRWC signed an agreement ...

ABS-CBN, Globe in talks for renewal of mobile partnership
Philstar - 2016-11-04
MANILA, Philippines - ABS-CBN Corp. is in talks with Globe Telecom Inc. for the renewal of the partnership for telco business ABS-CBNmobile. "We are in discussions already for the renewal," Cat Lopez, head of finance for broadcast, news and current ...

Petron guns for fourth win
Philstar - 2016-11-04
MANILA, Philippines - Petron tries to firm up its hold of the lead as it clashes with Cignal in the Asics Philippine Superliga (PSL) Grand Prix presented by PLDT Home Ultera today at the FilOil Flying V Center in San Juan. Action starts at 12:30 p.m ...

Ready for 2nd semester
Philstar - 2016-11-04
LODESTAR By Danton Remoto (The Philippine Star) | Updated November 5, 2016 - 12:00am I get lots of email from teachers and students asking me how does one study? Since the second semester has just descended upon us, here is a list, compiled through the ...

MMDA says no more road diggings
Manila Standard Today - 2016-11-04
DMCI is the contractor of two ongoing major projects - Skyway Stage 3 and NAIA Elevated Expressway projects. Both projects are affecting the traffic flow in the southern part of Metro Manila. Orbos said the contractor made the demolition despite knowing ...

Buildings now look to the sun
Inquirer - 2016-11-04
"Previous projects include conversion of the fluorescent lamps to energy efficient LED lamps/bulbs and the installation of the Capacitor Banks through tie up with Meralco to improve the power factor of our energy consumption. Due to the apparent benefit ...

Market rises; Bloomberry up
thestandard.com.ph - 2016-11-04
Property developer Megaworld Corp. rose 3.6 percent to P4.02, while water concessionaire Manila Water Company Inc. added 3.3 percent to close at P31. Meanwhile, a global stocks selloff extended into Friday trading as crude oil held near a one-month low and ...

Liberty readies delisting of shares
thestandard.com.ph - 2016-11-04
Liberty Telecoms Holdings Inc. is set to exit the stock market by the third ... which is below the minimum public ownership required by the Philippine Stock Exchange," Liberty said. A trading suspension on the shares is expected to be implemented ...

Liberty readies delisting of shares
thestandard.com.ph - 2016-11-04
Liberty Telecoms Holdings Inc. is set to exit the stock market by the third ... which is below the minimum public ownership required by the Philippine Stock Exchange," Liberty said. A trading suspension on the shares is expected to be implemented ...

PRO-FRIENDS remains a strong contender in mid-market
Inquirer - 2016-11-04
Manifestation of this advocacy is the establishment of St. Edward Schools (SES) within the flagship project ... Backed by GT Capital The Ty family-led conglomerate GT Capital Holdings Inc. recently acquired a 51-percent share in PRO-FRIENDS thus making ...

Boulevard Holdings partners with Zamora, Korean group to redevelop Puerto Azul
BusinessMirror. - 2016-11-04
He did not name the firms he was talking with. "We shall do this 400-key resort in three phases, plus let the consortium member skilled in the residential part handle that segment to defray the hotel costs," he said. "That is a system of how we shall ...

ABS-CBN, GMA claim TV rating dominance in October
BusinessMirror. - 2016-11-04
RIVAL broadcasters ABS-CBN Corp. and GMA Network Inc. claimed in separate statements on Thursday they dominated the ratings war last month. The Lopez-led entertainment and multimedia conglomerate claimed to have posted a higher national average-audience ...

ABS-CBN, GMA claim TV rating dominance in October
BusinessMirror. - 2016-11-04
RIVAL broadcasters ABS-CBN Corp. and GMA Network Inc. claimed in separate statements on Thursday they dominated the ratings war last month. The Lopez-led entertainment and multimedia conglomerate claimed to have posted a higher national average-audience ...

ABS-CBN, GMA claim TV rating dominance in October
BusinessMirror. - 2016-11-04
RIVAL broadcasters ABS-CBN Corp. and GMA Network Inc. claimed in separate statements on Thursday they dominated the ratings war last month. The Lopez-led entertainment and multimedia conglomerate claimed to have posted a higher national average-audience ...

With Po siblings at the helm: ArthaLand taking off to greater heights
Philstar - 2016-11-04
MANILA, Philippines - The Po brothers, all four of them, grew up tightly knit, typical of boys born just a year or two apart. They know how to have fun, but they also know the value of hard work and a good education. They are all brilliant, with all four ...

Mining excise taxes decline 11% in July
Philstar - 2016-11-04
"To avoid suspension, some big companies may have complied (and paid their dues)," said Emilio Neri Jr., lead economist at Bank of the Philippine Islands. Five miners were suspended by the Department of Environment and Natural Resources in July when ...

Longstanding and performing coops awarded in Regional Coop Month celebration
news.pia.gov.ph - 2016-11-04
the Acupan Mines Credit Cooperative for its 58 years of existence serving the credit needs of the mining households in Acupan, Itogon, Benguet, and the Lepanto Consumers Cooperative for 54 years of existence in serving the consumers needs of the mining ...

BDO reports 10% net income rise to P19.3B in first 9 months of 2016
interaksyon.com - 2016-11-04
MANILA, Philippines -- BDO Unibank Inc. posted a 10 percent year-on-year increase in net income to P19.3 billion in the first nine months of the year, attributing this to solid results from its core lending, deposit-taking and fee-based businesses ...

What did God tell him?
Visayan Daily Star - 2016-11-04
Who was the 50-year-old man from Bacolod who reportedly had a seizure and passed out during a flight from Toronto, Canada, on board a Philippine Airlines flight? The Bulletin report said the two doctors from Davao City who were on the same flight became ...

LIST: Domestic flights canceled due to bad weather
Philstar - 2016-11-04
Philippine Airlines Express (PAL Express) grounded six of their flights. Two of which were headed to and from northern Samar and the rest were headed to and from Naga City, Camarines Sur. PAGASA said in its 11 a.m. bulletin that the tropical storm and ...

52 bills filed in previous Congress lapse into law
Philstar - 2016-11-04
The new participants in the radio-TV sector are Makinig Network Inc. and Pilipinas Radio Waves Corp., while the company given an airline franchise was Pilipinas Asian Pearl Airways Inc. There are two dominant players in the telco industry: Philippine Long ...

BPI reports 25.6% rise in nine-month income to P17.38 billion
BusinessMirror. - 2016-11-04
Ayala-led Bank of the Philippine Islands (BPI) reported a significant rise in earnings from January to September on the back of higher interest and noninterest income. In a disclosure to the Philippine Stock Exchange on Wednesday, BPI said net earnings ...

Keppel Philippines Properties Inc (KEP)
investing.com - 2016-11-04
Keppel Philippines Properties, Inc. is a Philippines-based property company. The Company holds investments in associates involved in property holding and development, and also offers management consultancy services to associates. The Company, through its ...

Nickel Asia refutes DENR audit team findings on Hinatuan mine
m.bworldonline.com - 2016-11-04
NICKEL ASIA Corporation on Thursday insisted its subsidiary, Hinatuan Mining Corporation (HMC), has complied with environmental standards, contrary to the findings of an Environment department-led audit team that has recommended its suspension. In a ...

Stocks decline; Shell rises in market debut
thestandard.com.ph - 2016-11-03
All six sectors posted losses, while only four of the 20 most active stocks ended in the green, led by GT Capital Holdings Inc., the investment company of tycoon George Ty, which rose 2.1 percent to P1,340 and Metropolitan Bank & Trust Co., the second ...

Nickel Asia gets copy of audit report
thestandard.com.ph - 2016-11-03
Nickel Asia Corp. said Thursday it received a copy of the official findings and recommendations of the audit conducted by the Environment Department on wholly-owned subsidiary Hinatuan Mining Corp. Nickel Asia said in a disclosure to the stock exchange the ...

Barnachea heads cast in Ronda qualifiers
Philstar - 2016-11-03
The top 30 cyclists will advance to the main race, which stakes P1 million to the champion courtesy of presentor LBC and its major sponsors Mitsubishi, Petron, ASG Group, Dans360 and Donen with sanctions from PhlCycling under its president Abraham ...

SC asked to reconsider ruling on Naga power plant complex
Philstar - 2016-11-03
CEBU, Philippines - SPC Power Corp. yesterday said it filed an urgent motion for reconsideration with the Supreme Court to ask the high tribunal to reconsider the decision to reinstate the award of the Naga Power Plant Complex (NPCC) to a unit of Aboitiz ...