SPC asks high court to review Naga case
thestandard.com.ph - 2016-11-02
SPC Power Corp., a listed power plant operator, asked the Supreme Court to reverse its ruling on the ownership of the 153.1-megawatt Naga power plant complex in Cebu. SPC said it appealed the Oct. 26 ruling on the Naga power plant complex, "with an ...

SPC asks high court to review Naga case
thestandard.com.ph - 2016-11-02
SPC Power Corp., a listed power plant operator, asked the Supreme Court to reverse its ruling on the ownership of the 153.1-megawatt Naga power plant complex in Cebu. SPC said it appealed the Oct. 26 ruling on the Naga power plant complex, "with an ...

Pilmico buys 100% of Vietnamese unit
thestandard.com.ph - 2016-11-02
Pilmico International Pte. Ltd., a wholly-owned subsidiary of Aboitiz Equity Ventures Inc., said it now has 100-percent ownership interest in Pilmico Vietnam Trading Company Ltd. AEV said in a disclosure to the stock exchange the transaction amounted to ...

ABS-CBN, Globe to renew agreement
thestandard.com.ph - 2016-11-02
ABS-CBN Corp. said it is in talks with Globe Telecom Inc. to renew their mobile network sharing agreement. "We are in discussion already for the renewal," said Cat Lopez, ABS-CBN finance head for broadcast, news and current affairs and access group.

Responsible mining
Philstar - 2016-11-02
Yes there is, and there are quite a few responsible miners. Two executives of Nickel Asia Corp. (NAC) explained to members of Bulong Pulungan at Sofitel that contrary to what has been pounded on the ears of consumers, mining is not harmful, but benefits ...

MCIA Jan-Sept passenger traffic reaches 6.6 million
Philstar - 2016-11-02
These are EVA Air's Cebu-Taipei, Philippine Airlines' Cebu-Los Angeles, Xiamen Air's Cebu-Xiamen and Emirates Airlines' Cebu-Dubai flights. Air Asia also recently announced to start its direct flights from Cebu to Taipei and Singapore on November 25.

Gaming firms bet on windfall from China trip
Philstar - 2016-11-02
COL said all three listed casino companies - Resorts World Manila, Melco Crown and Solaire Resorts operator Bloomberry - would benefit. Bloomberry and Melco Crown stand to benefit more as they are geared toward servicing the VIP market. In the first ...

SPC asks high court to review Naga case
Manila Standard Today - 2016-11-02
... a decision that nullified the awarding of the Naga power plant complex to SPC and effectively recognized a unit of Aboitiz Power Corp. as the right winner for submitting the highest bid in 2014. Aboitiz Power said the Supreme Court ordered the ...

Long and winding goad
Inquirer - 2016-11-02
More than two long years ago in 2014, PSALM awarded the sale of Naga Power to the publicly listed company SPC Power Corp., formerly known as Salcon. That SPC got the award seemed strange indeed. SPC did not win in the public bidding for the plant.

PHLPost releases commemorative stamp featuring Philippine Airlines 75th Anniversary
news.pia.gov.ph - 2016-11-02
MANILA, Nov. 3(PIA) - The Philippine Postal Corporation (PHLPost) recently launched the Philippine Airlines 75th Anniversary commemorative stamp, featuring the new and inspiring slogan "The heart of the Filipino." Flag carrier Philippine Airlines is ...

Foton resumes title bid
Manila Standard Today - 2016-11-02
Petron is on top of the team standings with 2-0 while Foton and RC Cola-Army had an identical 1-0 slate. Generika and F2 Logistics, meanwhile, are tied at the basement with 0-2, leaving Cignal as the only team that has yet to see action in the season ...

Pilmico buys 100% of Vietnamese unit
thestandard.com.ph - 2016-11-02
Pilmico International Pte. Ltd., a wholly-owned subsidiary of Aboitiz Equity Ventures Inc., said it now has 100-percent ownership interest in Pilmico Vietnam Trading Company Ltd. AEV said in a disclosure to the stock exchange the transaction amounted to ...

Duterte sends off 'good friends' Vietnamese fishermen
Rappler - 2016-11-02
The original plan was for them to be flown to Vietnam via a Philippine Airlines flight to be shouldered by the Philippine government, said Bureau of Immigration chief Jaime Morente. But the fishermen requested to be allowed to travel by sea instead.

MMDA supports reclamation for new airport site in Sangley, Cavite
interaksyon.com - 2016-11-02
"Any effort to bring the airport out of Manila will be very welcome, as this will help reduce congestion and enhance proper urban planning and development. Such action will also accelerate urbanization of nearby cities," Orbos said. Over the weekend ...

Maynilad mulls new P4-B treatment plant in Muntinlupa
Philstar - 2016-11-02
MANILA, Philippines - West Zone concessionaire Maynilad Water Services Inc. is eyeing the construction of a third ... before 2020. Fernandez said the company was also expanding outside its concession as it has entered into partnerships with other water ...

WATCH | Duterte sends off arrested Vietnamese fishermen
interaksyon.com - 2016-11-02
Commissioner Morete said the Vietnamese were offered Philippine Airlines tickets for their trip back to their country but opted to go home aboard their three fishing boats. Only 16 of them were charged with violation of Section 91 of Republic Act 10654 ...

MMDA supports reclamation for new airport site in Sangley, Cavite
interaksyon.com - 2016-11-02
Over the weekend, the Solar Group All-Asia Resources and Reclamation Corporation (ARRC) and Belle Corporation [SM Group], formally signed a shareholders agreement to create the Philippine Global ... seaport and mixed-use real estate development.

Globe Telecom enhances The Pokémon GO Experience for PH Gamers
Inquirer Entertainment - 2016-11-02
Globe Telecom is a leading full service telecommunications company in the Philippines, serving the needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connections, internet and managed ...

PSEi slides to 7,200 on US election, Fed jitters
Inquirer - 2016-11-02
It reported on Wednesday a 9-percent increase in nine-month net profit to P6.6 billion. URC, MPI, JG Summit, RLC and DMCI all declined by over 3 percent while BDO, SM Prime, Megaworld, BPI, AEV, Globe and AP all fell by over 1 percent. PLDT slipped by over ...

Aboitiz-led Pilmico buys distribution arm in Vietnam
Inquirer - 2016-11-02
Pilmico International Pte. Ltd., a privately-held unit of conglomerate Aboitiz Equity Ventures Inc. (AEV), announced the acquisition of 100 percent of Pilmico Vietnam Trading for 888 million Vietnamese dong ($39,765), AEV disclosed to the Philippine Stock ...

AFRICA. Registered Members Country/City Member/Organisation Name Website ALGERIA BENIN BOTSWANA BURKINA FASO CAMEROON
docplayer.net - 2016-11-02
CSG-KASAPI JCI Iligan smciligan.edu.ph Los Banos Makati City Mandaluyong Manila Philippine Australian Alumni Association - Los Banos Chapter Australian Embassy Manila Metro Pacific Investments Corporation Clean Up the Philippines Movement Inc. Boy Scouts ...

Street dancing, agri fair, and grand pageant mark MIMAROPA Festival, Nov. 3 to 13
interaksyon.com - 2016-11-02
Co-sponsoring the event with the Department of Tourism are the Tourism Promotions Board, Duty Free Philippines, Air Asia, Philippine Airlines and Philippine Information Agency-MIMAROPA. DOT MIMAROPA Director Danilo B. Intong noted that the festival starts ...

Petron, Solane up prices
Manila Standard Today - 2016-11-02
Petron Corp. and Solane issued their own respective price adjustments for LPG. Petron increased LPG prices by P3.80 per kilogram while Solane raised its prices by P3.33 per kilogram. Petron, meanwhile, said it also increased the price of auto LPG by P2.15 ...

Court upholds ruling on telecom firms
Manila Standard Today - 2016-11-02
The Court of Appeals has sustained the resolution of the Department of Justice resolution dismissing the P100-million estafa case filed against officials of Philcomsat Holdings Corp., Philcomsat and the Philippine Overseas Telecommunication Corp. In a two ...

Court upholds ruling on telecom firms
thestandard.com.ph - 2016-11-02
The Court of Appeals has sustained the resolution of the Department of Justice resolution dismissing the P100-million estafa case filed against officials of Philcomsat Holdings Corp., Philcomsat and the Philippine Overseas Telecommunication Corp. In a two ...

Court upholds ruling on telecom firms
Manila Standard Today - 2016-11-02
The Court of Appeals has sustained the resolution of the Department of Justice resolution dismissing the P100-million estafa case filed against officials of Philcomsat Holdings Corp., Philcomsat and the Philippine Overseas Telecommunication Corp. In a two ...

Meralco urges govt to fast-track permit processing
BusinessMirror. - 2016-11-02
THE Manila Electric Co. (Meralco) is urging the government to fast-track the processing of necessary permits and regulatory approvals in order to immediately address the challenges in the power sector. In its recommendation on how to go about the country ...

Vista Land cites brisk sales for Ortigas tower
thestandard.com.ph - 2016-11-01
Vista Residences, the high-end residential unit of property developer Vista Land & Lifescapes Inc., reported brisk sales for its 32-story mixed-used tower in Ortigas Center. Vista Residences said in a statement The Currency, with a cost of P1.4 billion ...

Vista Land cites brisk sales for Ortigas tower
thestandard.com.ph - 2016-11-01
Vista Residences, the high-end residential unit of property developer Vista Land & Lifescapes Inc., reported brisk sales for its 32-story mixed-used tower in Ortigas Center. Vista Residences said in a statement The Currency, with a cost of P1.4 billion ...

CA affirms junking of Philcomsat case
Philippine Daily Inquirer - 2016-11-01
The Court of Appeals (CA) has affirmed a Department of Justice (DOJ) resolution dismissing the P122-million estafa case filed against the officials of Philcomsat Holdings Corporation (PHC), Philcomsat and the Philippine Overseas Telecommunications ...

CA affirms junking of Philcomsat case
Philippine Daily Inquirer - 2016-11-01
The Court of Appeals (CA) has affirmed a Department of Justice (DOJ) resolution dismissing the P122-million estafa case filed against the officials of Philcomsat Holdings Corporation (PHC), Philcomsat and the Philippine Overseas Telecommunications ...

Globe rides on Pokémon Go craze
Philstar - 2016-11-01
MANILA, Philippines - Globe Telecom Inc. has entered into a partnership with The Pokémon Company and game developer Niantic Inc. to promote the Pokémon Go game in the Philippines. The partnership, which is the first to be entered into by Niantic ...

PhilWeb special block sale under review
Philstar - 2016-11-01
In the case of PhilWeb Corp., a similar case happened before in 2011 when Ongpin completed the takeover of PBCom. During that time, the SEC agreed to waive the mandatory tender offer requirements for buyers of a controlling stake in a publicly listed company.

Biz buzz: Freebie-minded Cabinet official
Inquirer - 2016-11-01
You see, Flores was educated in the US (having graduated from the Jesuit-run Fordham University in New York, after his early education at the Ateneo de Manila University, according to the public portions of the Facebook profile). At the same time ...

CebuPac eyes more Chinese travelers
thestandard.com.ph - 2016-11-01
Cebu Air Inc., the operator of budget carrier Cebu Pacific, said it expects more Chinese tourists to come to the Philippines, after Manila strengthened its economic ties with Beijing. "Strong economic ties between the Philippines and China would only ...

BDO maintains status as largest Philippine bank
Philstar - 2016-11-01
and Aboitiz-owned Union Bank of the Philippines with P372.84 billion. In terms of capital, BDO dominated the industry with P210.55 billion followed by Metrobank with P189.6 billion, BPI with P155.42 billion, and PNB with P101.99 billion. Security Bank ...

3 things moms should know about pursuing their passions
Philstar - 2016-11-01
I was recently reminded of this when a fellow mom told me about what she had learned from an event organized by Security Bank, where Unit Investment Trust Funds or UITF was discussed. My friend Em Sulit (second from right) with the speakers of the ...

LIST: Domestic flights canceled due to bad weather
Philstar - 2016-11-01
Philippine Airlines Express (PAL Express) grounded two of their flights headed to and from Batanes, including those to and from Catarman in northern Samar due to anticipated bad weather brought by a low pressure area (LPA) nearing the Philippines.

Longest urban park in Metro Manila opens in BGC
news.pia.gov.ph - 2016-11-01
In photo from L-R: Lourdes Reyes (Chief Finance Officer, Fort Bonifacio Development Corp.); Meean Dy (Group Head, Strategic Landbank Management, Ayala Land Inc.); Manny Blas (Head of Commercial Operations, Fort Bonifacio Development Corp.); Hon.

Longest urban park in Metro Manila opens in BGC
news.pia.gov.ph - 2016-11-01
In photo from L-R: Lourdes Reyes (Chief Finance Officer, Fort Bonifacio Development Corp.); Meean Dy (Group Head, Strategic Landbank Management, Ayala Land Inc.); Manny Blas (Head of Commercial Operations, Fort Bonifacio Development Corp.); Hon.

Bed space leasing business booming in Manila
m.bworldonline.com - 2016-11-01
Anchor Land Holdings, Inc. also looks to serve the "mobile employee and student" segments of the property market. It plans to develop 10,000 bed spaces near the Bay Area in Pasay, Bonifacio Global City in Taguig, Vertis North in Quezon City and ...

Cebu Holdings Inc (CHI)
investing.com - 2016-11-01
Cebu Holdings Inc. is a property development company. The Company is engaged in real property ownership, development, marketing and management. Its segments include Commercial development, Residential development, Shopping centers, Corporate business and ...

Symantec Releases Next-Gen Cyberdefense (SYMC)
Investopedia - 2016-11-01
Symantec Corp. (SYMC) recently announced its latest Symantec Endpoint Protection 14 technology. "Artificial intelligence fused with critical endpoint technologies deliver the most complete endpoint security on the planet," boasts the cybersecurity ...

Tuna canner gets license for iconic bagoong
Inquirer - 2016-10-31
Century Pacific Food Inc. (CNPF) has acquired the license to produce leading shrimp paste "Kamayan" for the US and Canada markets, a move seen to boost its international food portfolio. Through wholly owned subsidiary Century Pacific Seacrest Inc., the ...

PSE slates free investing webinar on Nov 4 and 11
Philstar - 2016-10-31
To be conducted by the PSE Academy, the official market education website of the Philippine Stock Exchange, Inc. (PSE) created in partnership with the PSE Foundation, Inc., this virtual coaching is part of PSE's active move to boost the stock market ...

Watsons to open more pharmacies in Cebu
Philstar - 2016-10-31
Watsons opens an average of 80 to 100 stores annually. In 2002, AS Watson Group joined hands with SM Prime Holdings Inc., in a joint venture deal. The partnership brought about the first Watsons stores in SM Megamall and The Podium (Ortigas) in Manila.

Are we ready for the jobless miners?
Philstar - 2016-10-31
For one, to say that mining communities are among the poorest in the country is downright false. As Cebuanos, we are living witnesses of how the families in the immediate environs of the then prosperous Atlas Consolidated Mining and Development Corp. (now ...

Oil firms hike gas, diesel prices anew
Philstar - 2016-10-31
In separate text advisories, Eastern Petroleum Corp., Phoenix Petroleum Philippines and PTT Philippines announced a price hike of P0.10 per liter on gasoline and on diesel effective 6 a.m. UniOil Petroleum Philippines Inc. said it would increase the price ...

Water crisis looms in Metro Manila
Philippine Daily Inquirer - 2016-10-31
Metro Manila faces a water crisis unless the government ... its more than 15 million inhabitants four years from now, a private water concessionaire said. Maynilad Water Services Inc. said the government still had no concrete backup plan for the current ...

MPTC re-evaluates project cost of P28-B Cebu-Cordova Bridge
Philstar - 2016-10-31
MANILA, Philippines - The tollway unit of Metro Pacific Investments Corp. (MPIC) is reviewing the Cebu-Cordova Bridge project to determine its new cost as it defers the implementation of one component of the project. "The review is ongoing to determine ...