Market drops; Megaworld up
thestandard.com.ph - 2016-09-14
Eight of the 20 most active stocks ended in the green, led by property developer Megaworld Corp. which climbed 2.2 percent to P4.60 and retailer Robinsons Retail Holdings Inc. which also rose 2.2 percent to P78.50. Metropolitan Bank & Trust Co. rose 1.8 ...

Market drops; Megaworld up
thestandard.com.ph - 2016-09-14
Metropolitan Bank & Trust Co. rose 1.8 percent to P86.90, while food manufacturer Universal Robina Corp. gained 1.5 percent to P183. Meanwhile, Asian markets mostly fell on Wednesday as uncertainty over the future of central bank monetary policy weighed on ...

CebuPac expands flights in Clark
Manila Standard Today - 2016-09-14
The airline unit of JG Summit Holdings Inc., the investment company of tycoon John Gokongwei, said it would increase its Clark-Cebu-Clark operations from three to six times weekly starting Dec. 16. Clark-Hong Kong-Clark flights will be increased from seven ...

Bourse studies Liberty delisting
Manila Standard Today - 2016-09-14
The Philippine Stock Exchange will resolve all issues involving Liberty Telecoms Holding Inc. including questions on non-disclosure and valuation issues before it decides on delisting the company, an official said Wednesday. PSE chief operating officer ...

The comfort of southern living
Manila Bulletin - 2016-09-14
Rockwell Primaries, the newest subsidiary of Rockwell Land, has two ongoing property development projects - 53 Benitez and The Vantage at Kapitolyo.

Udenna Corp. acquires stake in Negros Navigation, eyes 2GO
Manila Bulletin - 2016-09-14
Filipino firm Udenna Corporation will be expanding its business grip in the shipping and logistics sector with its stake acquisition in Negros Navigation Company, Inc., a major shareholder of logistics firm 2GO Group, Inc. According to Udenna Chief ...

Udenna Corp. acquires stake in Negros Navigation, eyes 2GO
Manila Bulletin - 2016-09-14
Filipino firm Udenna Corporation will be expanding its business grip in the shipping and logistics sector with its stake acquisition in Negros Navigation Company, Inc., a major shareholder of logistics firm 2GO Group, Inc. According to Udenna Chief ...

Trouble in ICTSI land
BusinessMirror. - 2016-09-14
Transnational and publicly listed firm International Container Terminal Services Inc. (ICTSI), whose owner and poster boy Enrique K. Razon Jr. is among Forbes top billionaires, now finds itself in a legal bind. The case stems from an estafa complaint ...

Pagcor revokes licenses of 197 gaming sites
BusinessMirror. - 2016-09-14
Earlier, the license of PhilWeb (a gaming technology provider) expired and was not renewed. This resulted in the closure of 286 e-games stations.

Biz Buzz: Labor appeal
Inquirer - 2016-09-14
The company recently exited its direct participation in the power ... UCPB Savings Bank, Security Bank, China Bank, China Bank Savings, Philippine Bank of Communication and UCPB. The seventh bank, UCPB, completed its migration to EMV over the weekend.

Filinvest eyes 3 more hotels in Mimosa Estate
Philstar - 2016-09-14
MANILA, Philippines - Filinvest Development Corp. (FDC) plans to build three more hotels in the 201.64 hectare Mimosa Leisure Estate in Clark, Pampanga, its top official said. Early this year, FDC won the contract for the lease, development, and ...

Foreign capital nearly doubles in H1
Philstar - 2016-09-14
MANILA, Philippines - Foreign direct investments (FDIs) flowing into the Philippines almost doubled in the first half despite plunging to its lowest level this year in June, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Data released by the ...

Cancelled flights due to Typhoon Ferdie
Rappler - 2016-09-14
MANILA, Philippines - Several airlines cancelled flights as Typhoon Ferdie (Meranti) battered Taiwan and extreme Northern Luzon. The Manila International Airport Authority (MIAA) announced that the following flights have been cancelled as of 1 pm on ...

PLDT building 2nd data center in Cebu
interaksyon.com - 2016-09-14
MANILA -- PLDT is now building its second data center in Cebu in line with its push to beef up its digital services as well as service the growing IT requirements of enterprises in Visayas and Mindanao. The company said the data center, which will be ...

Condominium blamed for obstructing Naia flight path
Philippine Daily Inquirer - 2016-09-14
Ejercito was referring to the Cypress Tower along C-5 road in Taguig City, which he said is a project of DMCI Project Developers Inc. It was also DMCI that developed the controversial Torre de Manila condominium at the Luneta Park. He said he has been ...

Why buy when the same can be cooked at home, new mantra of Indian consumers
Economic Times - 2016-09-14
It's this familiarity which has led to increase of in-home consumption of our products and triggered growth in usage at home," Yogesh Bellani, chief executive of FieldFresh Foods, a joint venture between Bharti Enterprises and Del Monte Pacific said.

Hotline for crime prevention in Davao set up
Philstar - 2016-09-14
MANILA, Philippines - Globe Telecom Inc. and the Davao City government have set up a hotline for crime prevention in the city. In a statement, Globe said 0917-Duterte (0917-3883783) is part of its collaboration with the local government of Davao City to ...

Readout of US-ASEAN Summit in Vientiane, Laos - Telephonic Press Briefing with Nina Hachigian, U.S. Ambassador to ASEAN
U.S. Department of State - 2016-09-14
And, as you know, last week he became the first US president to visit Lao, PDR. The United States is committed to our ... Our next question comes from ABS CBN in the Philippines. Please go ahead. Chiara: Yes, good morning. This is Chiara from ABS CBN.

DepEd, Metrobank honor outstanding teachers of 2016
news.pia.gov.ph - 2016-09-14
The Search for Outstanding Teachers is conducted annually, for more than 30 years now, by the Metrobank Foundation in partnership with the DepEd and the Commission on Higher Education (CHEd). (DepEd) The Philippine Information Agency (PIA) directly serves ...

GMA taps foreign film makers
thestandard.com.ph - 2016-09-13
GMA Network Inc. and APT Entertainment teamed up with Hollywood and Korean film makers for a movie project in the country. "This is an exciting time for us in GMA and we consider it a privilege to have the opportunity to work with Korean producers who ...

After Rizal photobomb, DMCI 'obstructs' NAIA flight path - Ejercito
Rappler - 2016-09-13
MANILA, Philippines - After photobombing the Rizal Monument at Luneta Park, property firm DMCI is now being accused of obstructing the flight path of the Ninoy Aquino International Airport (NAIA) with its high-rise condominium development. Senator Joseph ...

Alterra prices tender offering
thestandard.com.ph - 2016-09-13
The new owners of listed company Alterra Capital Partners Inc. offered to acquire the shares owned by minority shareholders at P1.74 per share. A tender offer document filed with the Philippine Stock Exchange showed Genomics Inc. and businessman Hector ...

DOE backs crackdown vs illegal LPG refillers
Philstar - 2016-09-13
IPPCA includes Seaoil Philippines, Eastern Petroleum, Flying V, Chemrez Technologies, Filoil, Filpride, CityOil, IEPI, Oilink, Unioil, Pryce Gases, Castrol, Liquigaz, Chemfour, among others.

Listed firms rebound with better performance in H1
Philstar - 2016-09-13
Among these firms were GT Capital Holdings Inc., Metro Pacific Investments Corp., BPI, Ayala Corp. First Gen Corp., First Philippine Holdings and China Banking Corp. However, three companies that outperformed expectations are still expected to suffer from ...

Dow Helps Address Sustainability Challenges
sustainablebrands.com - 2016-09-13
New York-listed Dow Chemical Company is working closely with six non-profit organizations in Cebu to help address pressing local challenges. Through the company's Leadership in Action (LIA), 40 DOW employees have formed teams to work on six important ...

PAGCOR revokes licenses of 197 online gaming sites
interaksyon.com - 2016-09-13
Earlier, the license of PhilWeb (a gaming technology provider) expired and was not renewed. This resulted in the closure of 286 e-games stations.

Highlands Cup golf slated to benefit Sisters of Mary
m.philstar.com - 2016-09-13
Auto Nation Group - Mercedes Benz, Pacific OnLine, W Group, Inc. and San Miguel Corp., head the chief backers as Diamond sponsors with Bingo Bonanza, PLDT-SME, Security Bank, SM Stores and Smart Communications making up the Platinum sponsors list and ...

CCCI backs calls for review of P69.1 billion telecom deal
Philstar - 2016-09-13
granted the July request of PLDT Inc. for a temporary restraining order or a preliminary injunction on the PCC's review of the acquisition of San Miguel Corp.'s telco business by the country's two biggest telcos PLDT and Globe Telecom for P69.1 billion.

GMA taps foreign film makers
thestandard.com.ph - 2016-09-13
GMA Network Inc. and APT Entertainment teamed up with Hollywood and Korean film makers for a movie project in the country. "This is an exciting time for us in GMA and we consider it a privilege to have the opportunity to work with Korean producers who ...

Lascuña, 2 others step up OOM bids
Philstar - 2016-09-13
TARLAC, Philippines - Tony Lascuña drew Clyde Mondilla in an early clash of Order of Merit contenders while Jay Bayron steps up his own OOM drive against Jobim Carlos and Jhonnel Ababa in what promises to be an explosive start in the Central Azucarera ...

GMA, APT in film project with top Korean producers
Philstar - 2016-09-13
MANILA, Philippines - Listed broadcast firm GMA Network Inc. and Television And Production Exponents (TAPE) Inc. subsidiary APT Entertainment Inc. have teamed up with Hollywood and Korean film producers David Shim and Choi Pyung Ho for a movie project.

Mr. Tourism Anos Fonacier: 1927-2016
Philstar - 2016-09-13
Unfortunately, it was overran by the EDSA Revolt and sequestered by the Presidential Commission on Good Government and given to Mr. Jose Go of Ever Gotesco who destroyed the whole project and put the whole thing into a wasteland. This was an era even ...

Anne H. Kaiser Elected to State Bank Financial Corporation Board of Directors
Financial Content - 2016-09-13
... company for State Bank and Trust Company. State Bank operates 25 full-service banking offices in Metro Atlanta, Middle Georgia and Augusta, Georgia, and seven mortgage origination offices. To learn more about State Bank, visit www.statebt.com.

FieldFresh to export frozen baby corn, chillies to UK, EU
Domain-b - 2016-09-13
FieldFresh Foods (P) Ltd, a joint venture between Bharti Enterprises and Del Monte Pacific Ltd, plans to export frozen baby corn and chillies to the UK and European countries in the current fiscal. These will be procured from the farmers of Punjab and ...

Philex: Silangan mine study may be completed in early 2017
BusinessMirror. - 2016-09-13
PHILEX Mining Corp. said the complete review of the feasibility study for its Silangan project, a possibly gold-copper-rich mine in Surigao del Norte, may happen by the first quarter of next year. Eulalio Austin, Philex president, said once the review of ...

Turbulence hits PAL flight
Manila Bulletin - 2016-09-13
Philippine Airlines (PAL) flight PR1103 from Los Angeles experienced clear air turbulence yesterday morning, 30 minutes before landing at the Ninoy Aquino International Airport (NAIA) Terminal 1, injuring two passengers and four crew members. Passengers ...

Insurance investment in equities
BusinessMirror. - 2016-09-13
Investment in equities through the Philippine Depository and Trust Corp. is governed by CL 7-97 ... There was a time when investments in common stocks and real estate were forbidden in most states of the US as a result of the Armstrong Committee Report ...

Lamudi Philippines holds first VR exhibit
BusinessMirror. - 2016-09-13
PROPERTY portal Lamudi Philippines is bullish on the prospects of virtual-reality (VR) technology ... the activity center. The major sponsors of the event were Robinsons Communities, Right Homes and SM. The exhibitors include New San Jose Builders, Hamilo ...

Jollibee eyes investment opportunities in US, China
Philstar - 2016-09-13
MANILA, Philippines - Food conglomerate Jollibee Foods Corp. (JFC) is on the look out for new companies to acquire in the US and China as the company aims to grow even bigger, a ranking official said. "We continue to look for companies to acquire so we ...

Globe, Davao City tie up to address peace and order concerns
Manila Bulletin - 2016-09-13
Globe Telecom and Davao City are working together to improve the peace and order in the city. Globe created a hotline, 0917- DUTERTE (0917-3883783), for Davao City citizens to text and call in case of security concerns within the city. In addition ...

The FusionSolar Seminar 2016 held by Huawei in Philippines
Manila Bulletin - 2016-09-13
Marsigan, Director of Renewable Energy Management Bureau of DoE, and delegates from NGCP (National Grid Corporation of the Philippines), MERALCO (Manila Electric Company) and also from DBP (Development Bank of Philippines) etc. Many distinguished guests ...

Turbulence injures 4 persons on PAL flight
thestandard.com.ph - 2016-09-13
2 passengers and 4 crew members were hurt when an aircraft of the Philippine Airlines (PAL) experienced turbulence. PAL says, the incident occurred at 6:21 on Tuesday morning as Flight PR 103 was approaching NAIA. The plane came from Los Angeles.

Regus expands in Davao to back growth beyond Metro Manila
m.philstar.com - 2016-09-13
Regus is partnering with Damosa Land Inc., the real estate arm of Anflo Management and Investment Corp., to lease the property for the new business center. Ricardo Floirendo Lagdameo, vice president of Damosa Land, added that such a collaboration would ine ...

Common station issue settled by end-September
interaksyon.com - 2016-09-13
Tugade said he met with Metro Pacific Investments Corporation chairman Manuel V. Pangilinan, Tessie Sy-Coson of the SM Group, Jaime Augusto Zobel de Ayala of the Ayala Group, and Ramon Ang of the San Miguel Group to thresh out details of the proposed ...

Regus expands in Davao to back growth beyond Metro Manila
Philstar - 2016-09-13
MANILA, Philippines - Regus ... Regus is partnering with Damosa Land Inc., the real estate arm of Anflo Management and Investment Corp., to lease the property for the new business center. Ricardo Floirendo Lagdameo, vice president of Damosa Land ...

Google, Facebook become target for network makers
Telecom Lead - 2016-09-13
according to a December 2015 report from Sandvine Inc. Operators are working with initiatives established by ANPs such as Google Fi and the Telecom Infra Project, the Open Compute Project and Free Basics program. Facebook recently revealed that it will ...

Duterte on Obama, Ban: I shamed them; they're stupid to raise human rights
interaksyon.com - 2016-09-13
Speaking Monday night at the Metro Bank Foundation's awards rites for Outstanding Filipinos, Duterte said he "purposely did not attend the bilateral talks between ASEAN countries and the ambassador of, the President of the United States. "Talagang ini-skip ...

Comval Guv, Private Partners ink MOA for "Bayanihan Para sa Kalikasan"
news.pia.gov.ph - 2016-09-13
Apex Mining Company, Inc.; National Development Corporation-San Agustin Services, Inc.; Alsons Development and Investment Corporation; King Eagle Mining Corporation; Mt. Sinai Mining Exploration and Development Corporation; Agusan Petroleum and Mineral ...

Padcal villages electrified
thestandard.com.ph - 2016-09-12
TUBA--Some 875 residents in seven sitios of Barangay Camp 3, in Tuba, have benefitted from a P7.6-million electrification project sponsored by Philex Mining Corp. that was one of its social projects in the communities outlying its Padcal operations.

Berjaya auto unit plans to list in PSE
thestandard.com.ph - 2016-09-12
Berjaya Auto Berhard said in a disclosure to Bursa Malaysia its 60.4-percent owned subsidiary Bermaz Auto Philippines Inc. planned to seek a listing in the main board of PSE. BAP is currently involved in the distribution of Mazda vehicles and spare parts ...