Nickel miner to pursue legal action to have suspension order vs subsidiary lifted
interaksyon.com - 2016-08-25
MANILA, Philippines -- Listed nickel miner Oriental Peninsula Resources Group Inc. (ORE) on Thursday said it will pursue all administrative and legal efforts to have the suspension of the mining operations of its subsidiary lifted at the soonest time ...

Nickel miner to pursue legal action to have suspension order vs subsidiary lifted
interaksyon.com - 2016-08-25
MANILA, Philippines -- Listed nickel miner Oriental Peninsula Resources Group Inc. (ORE) on Thursday said it will pursue all administrative and legal efforts to have the suspension of the mining operations of its subsidiary lifted at the soonest time ...

Ricky Lee workshop selection process set on September 4
clickthecity.com - 2016-08-25
Supporting Writers Studio and UPFI in organizing the selection process are the UP Department of Broadcast Communication, UP Broadcasting Association, Far Eastern University (FEU) Film Society, University of the East (UE) Buklod Sining, Think Creative ...

WHO ARE THE PHILIPPINES' WEALTHIEST? Forbes Philippines Rich List released
interaksyon.com - 2016-08-25
New to the list this year is Ben Tiu (No. 44, $175 million). The eldest son of selfmade steel magnate John Tiu Ka Cho took over TKC Metals in 1987 and led its entry into financial services with thrift bank Sterling Bank of Asia. He also co-founded one of ...

WHO ARE THE PHILIPPINES' WEALTHIEST? Forbes Philippines Rich List released
interaksyon.com - 2016-08-25
New to the list this year is Ben Tiu (No. 44, $175 million). The eldest son of selfmade steel magnate John Tiu Ka Cho took over TKC Metals in 1987 and led its entry into financial services with thrift bank Sterling Bank of Asia. He also co-founded one of ...

Henry Sy still richest in PH - Forbes Asia
Inquirer - 2016-08-25
Sy topped the annual ranking with an estimated net worth of $13.7 billion, followed by industrialist John Gokongwei and the Aboitiz family.

Henry Sy still PH's richest man for 9th straight year - Forbes
Rappler - 2016-08-25
"The eldest son of self-made steel magnate John Tiu Ka Cho took over TKC Metals in 1987 and led its entry into financial services with thrift bank Sterling Bank of Asia," the magazine said. "He also co-founded one of the country's largest non-banking ...

PhilWeb pitches mobile lottery scheme in hopes of saving firm
interaksyon.com - 2016-08-25
MANILA - Following Roberto Ongpin's failed bid to donate his majority shareholdings in Philweb to the Philippine Amusement and Gaming Corp. (PAGCOR), Philweb now proposes an SMS lottery to save the firm. In a letter to PAGCOR, Philweb president Dennis ...

PhilWeb pitches mobile lottery scheme in hopes of saving firm
interaksyon.com - 2016-08-25
MANILA - Following Roberto Ongpin's failed bid to donate his majority shareholdings in Philweb to the Philippine Amusement and Gaming Corp. (PAGCOR), Philweb now proposes an SMS lottery to save the firm. In a letter to PAGCOR, Philweb president Dennis ...

Negros Oriental
Visayan Daily Star - 2016-08-25
The super speed, global standard Smart Wi-Fi at the Dumaguete airport is the 8th installation site in the Philippines, and the 4th in the Visayas, Harold Kim Orbase, PLDT AVP head for Enterprise Services, said. The Wi-Fi is backed up by PLDT's one gigabit ...

PhilWeb submits business plan
m.bworldonline.com - 2016-08-25
GAMING technology provider PhilWeb Corp. presented a new business plan to the Philippine Amusement and Gaming Corp. (PAGCOR) after its license to manage Internet casino cafes expired amid a government campaign against online gambling. In a letter to the ...

Megaworld spends P5B for new brand Savoy Hotel
MSN - 2016-08-24
Megaworld will open the first Savoy Hotel within the 150-hectare tourism township Boracay Newcoast by the yearend. The P2.2-billion hotel will offer 530 rooms and feature a concert pool arena overlooking the Sibuyan Sea. The company is opening another ...

Security to rejoin PH index
thestandard.com.ph - 2016-08-24
namely Yehey! Corp., SBS Philippines Corp., Now Corp., Metro Retail Stores Group Inc and IPM Holdings Inc. Only PhilWeb Corp. was removed.

FirstGen bares unit damage
thestandard.com.ph - 2016-08-24
Rita power plant site," it said. The move followed announcements early this week of Aboitiz Power Corp. subsidiary Therma South Inc. and Energy Development Corp. of maintenance shutdown. Therma South said a 150-megawatt unit of the 300-MW Davao baseload ...

First Gen ready to supply Luzon grid after interruption
Philstar - 2016-08-24
MANILA, Philippines - First Gen Corp. assured the 1,000-megawatt (MW) Santa Rita Combined Cycle Power Plant would stand ready to resume supply to the Luzon grid after one transformer of the facility tripped while undergoing a one-month scheduled maintenance.

How John Gokongwei Built One Of The Philippines' Biggest Conglomerates
Forbes - 2016-08-24
which the host founded in 1957 and which today is the second-largest family-run business in the Philippines, with a market capitalization of $13.2 billion. The conversations are private and, of course, summary-John Gokongwei retired from the company 15 ...

MVP donates P50 M for Ateneo senior high building
Philstar - 2016-08-24
Pangilinan is the chairman of Philex Mining, Metro Pacific Investments Corp. and the PLDT Group of Companies, which counts media conglomerate MediaQuest Holdings as among its subsidiaries. The STAR Group is part of MediaQuest Holdings.

Boracay arrests tip of the iceberg
Philippine Daily Inquirer - 2016-08-24
Lawyer Maria Antonette Mangrobang, spokesperson of the Bureau of Immigration (BI), said BI agents recovered passports of 16 Chinese and three Taiwanese, aside from those arrested. At least 20 policemen from different units arrested the foreigners ...

Philweb reviving old proposal on text lottery
BusinessMirror - 2016-08-24
ONLINE gaming firm Philweb Corp. on Wednesday said it is reviving its old proposal of holding lottery through text messages. It is a move designed to have a new business outside of its electronic games with state-owned Philippine Gaming and Amusement Corp ...

Melco Crown Can Only Hope for Growth Like This
Investopedia - 2016-08-24
From Australia and Singapore to Malaysia and the Philippines, there are now plenty of opportunities ... that person must have been vetted by the casino and the island's gaming commission. Melco Crown, Las Vegas Sands and Wynn Resorts are diversifying ...

PhilWeb revives text-based lottery offer
thestandard.com.ph - 2016-08-24
Beleaguered PhilWeb Corp. revived its text-based gaming proposal to state regulator Philippine Amusement & Gaming Corp., which could potentially raise between P50 billion and P100 billion in annual revenues to the government. PhilWeb president Dennis ...

Fast forward with CEMEX: building the future now
Inquirer - 2016-08-24
Asked Pedro Palomino, president of CEMEX Holdings Philippines ... To name a few, there are AXEIA Development Corporation; DMCI Homes; Cavite Ideal International Construction and Development Corp.; EEi Corporation; First Solid Builders Inc.; First Balfour ...

Phone-based lotto proposed to Pagcor
Inquirer - 2016-08-24
Embattled gaming technology service provider Philweb Corp. has proposed to the state-owned Philippine Amusement and Gaming Corp. (Pagcor) a mobile phone-based lottery platform that is seen to generate between P50 billion and P100 billion in potential ...

Xurpas ups stake in Fluxion
Philstar - 2016-08-24
MANILA, Philippines - Xurpas Inc., the listed technology company, has acquired full ownership of mobile and internet systems developer Fluxion. In a disclosure to the Philippine Stock Exchange, Xurpas said its board of directors approved the acquisition ...

FirstGen bares unit damage
thestandard.com.ph - 2016-08-24
First Gen Corp. on Wednesday said a fault occurred at the main generator transformer of unit 20 of its 1,000-megawatt Sta. Rita combined cycle power plant in Batangas. First Gen, controlled by the Lopez Group, disclosed to the Philippine Stock Exchange the ...

Miners finally see glimmer of hope
BusinessMirror. - 2016-08-24
and the Balatoc Mines project of Benguet Corp. As of now, the sole project expected in 2019 is the Far South East Gold project of Lepanto Mning Corp. in Benguet. Jacinto advised investors to make sure that they are compliant before investing in mining in ...

LRMC restores lift service at 2 LRT 1 stations
BusinessMirror. - 2016-08-24
LRMC, a joint venture led by Metro Pacific Investments Corp. and Ayala Corp., is embarking on a multibillion-peso project to rehabilitate and improve the current state of the 31-year-old rail line. It is also set to extend the line to Bacoor, Cavite.

PhilWeb plans to revive mobile lotto gaming
Rappler - 2016-08-24
MANILA, Philippines - PhilWeb Corporation plans to revive its text-based lotto gaming project, after government-owned and -controlled Philippine Amusement & Gaming Corporation (PAGCOR) firmed up its position not to renew PhilWeb's online gaming license.

Aboitiz Power on shutdown to improve supply in VisMin
Philstar - 2016-08-24
MANILA, Philippines - A power plant of Aboitiz Power Corp. in Mindanao and of Energy Development Corp. (EDC) in Visayas went on maintenance shutdown to improve their reliability to supply power to the Visayas and Mindanao grids. AboitizPower disclosed ...

Philweb reviving old proposal on text lottery
BusinessMirror. - 2016-08-24
ONLINE gaming firm Philweb Corp. on Wednesday said it is reviving its old proposal of holding lottery through text messages. It is a move designed to have a new business outside of its electronic games with state-owned Philippine Gaming and Amusement Corp ...

Sustainable backyard farming pushed
Visayan Daily Star - 2016-08-24
As part of its efforts to champion sustainable livelihood and backyard farming throughout the country, Pilmico, the food subsidiary of Aboitiz Equity Ventures Inc., donated piglets, egg machines, and bakery kits to 28 Negros Oriental beneficiaries yesterday.

Security Bank to rejoin PSE
Rappler - 2016-08-24
The PSE said in a memorandum on Wednesday, August 24, that Security Bank will replace Bloomberry Resorts Corporation, which is set to be removed from the main index. The changes, which will take effect on September 12, follow the PSE's regular review of ...

WITH MODESTO P. SA-ONOY
Visayan Daily Star - 2016-08-24
He mentioned Roberto Ongpin of Philweb gambling operation. Though not mentioned Rep. Albee Benitez (Neg. Occ., 3 rd District) got hit in the process. He was what can be called collateral damage since he owns a large share of Philweb. As if on cue ...

BPI acquires minority stake in Rizal Bank, Inc.
Manila Bulletin - 2016-08-24
The Bank of the Philippine Islands acquired a minority stake in Rizal Bank, Inc., a member institution of CARD Mutually Reinforcing Institutions (CARD MRI). With its acquisition, BPI now becomes an exclusive local equity partner of CARD MRI, a group of ...

SU prexy underscores environmental protection during switch-on of solar facility
news.pia.gov.ph - 2016-08-24
These are part of the academic solarization project of SU in partnership with First Solar Orion Energy Solutions, Inc., a leading solar power firm in the country which aims to produce 1.2 megawatts of total power from solar facilities to be installed in ...

Xurpas consolidates casual games units
Manila Bulletin - 2016-08-24
Inc., a 65 percent-owned subsidiary engaged in mobile and Internet systems design and the development of programming languages, usability and social media. In a disclosure to the Philippine Stock Exchange, Xurpas said its Board of Directors has approved ...

Xurpas consolidates casual games units
Manila Bulletin - 2016-08-24
Technology firm Xurpas, Inc. is acquiring full ownership of Fluxion, Inc., a 65 percent-owned subsidiary engaged in mobile and Internet systems design and the development of programming languages, usability and social media. In a disclosure to the ...

Xurpas consolidates casual gaming units
Manila Bulletin - 2016-08-24
Technology firm Xurpas, Inc. is acquiring full ownership of Fluxion, Inc., a 65 percent-owned subsidiary engaged in mobile and Internet systems design and the development of programming languages, usability and social media. In a disclosure to the ...

From hello to farewell
thestandard.com.ph - 2016-08-24
From then I went on to helping manage the broadcast team there, producing television advertisements for PRCI events and writing a Filipino column in a now-defunct tabloid. I also assisted corporate communications vice-president Jessica Villanueva under the ...

24MRC Network Felicitated the Winners of 2016 Leaders Awards
newsr.in - 2016-08-24
MR. NITIN SHAH (ALLIED DIGITAL SERVICES LIMITED)"*, Most Admired Brand for Facility Management Services of the Year - *"VALUEPRO INTERNATIONAL PRIVATE LIMITED"*, Most Admired Brand for Gold Loan in West Bengal of the Year - *"ACHIIEVERS QUICK ...

PH miners commit to upgrade standards
thestandard.com.ph - 2016-08-23
CoMP said the sole project expected in 2019 was that of Far South East Gold of Lepanto Mining Corp. in Benguet, which is expected to cost about $2 billion. Romualdez, however, said the "Philippine mining industry is at a crossroads." "After enjoying ...

PH miners commit to upgrade standards
thestandard.com.ph - 2016-08-23
CoMP said the sole project expected in 2019 was that of Far South East Gold of Lepanto Mining Corp. in Benguet, which is expected to cost about $2 billion. Romualdez, however, said the "Philippine mining industry is at a crossroads." "After enjoying ...

Stocks drop; PLDT down
thestandard.com.ph - 2016-08-23
Losers beat gainers, 117 to 72, with 44 issues unchanged. PLDT Inc., the biggest telecommunications company, declined 2.4 percent to P1,800, while Universal Robina Corp., the largest snackfood maker, tumbled 3.6 percent to P184.20. Metro Pacific ...

Aboitiz pushes 390-MW plant in Ifugao
thestandard.com.ph - 2016-08-23
SN Power AS is a Norwegian company that focuses on hydropower development in Southeast Asia, while AboitizPower is a local company, which is the holding company of Aboitiz Group in power generation, distribution and retail electricity services. SNAP-Ifugao ...

Pagcor-PCSO merger opposed
Philippine Daily Inquirer - 2016-08-23
PRESIDENT Duterte is pushing for the merger of state-owned gaming companies-casino operator Philippine Amusement and Gaming Corp. (Pagcor) and lotto operator Philippine Charity Sweepstakes Office (PCSO), according to gaming officials. Pagcor Chair ...

Pagcor-PCSO merger opposed
Philippine Daily Inquirer - 2016-08-23
PRESIDENT Duterte is pushing for the merger of state-owned gaming companies-casino operator Philippine Amusement and Gaming Corp. (Pagcor) and lotto operator Philippine Charity Sweepstakes Office (PCSO), according to gaming officials. Pagcor Chair ...

Boost to Phl healthcare
Philstar - 2016-08-23
Two powerhouse institutions, namely, Philab Industries and the University of the Philippines ... epidemiology, medicine, and genetics. The NIH is the specialized research arm of UP Manila, the health sciences center of the UP system.

Calata ties up with two companies to build big Mactan casino complex
thestandard.com.ph - 2016-08-23
Two integrated casino-resorts are already operational in Metro Manila, namely Solaire Resorts & Casino of Bloomberry Resorts Corp. and The City of Dreams Manila of Melco Crown.

PH miners commit to upgrade standards
thestandard.com.ph - 2016-08-23
CoMP said the sole project expected in 2019 was that of Far South East Gold of Lepanto Mining Corp. in Benguet, which is expected to cost about $2 billion. Romualdez, however, said the "Philippine mining industry is at a crossroads." "After enjoying ...

Calata ties up with two companies to build big Mactan casino complex
thestandard.com.ph - 2016-08-23
The state-run Philippine Amusement and Gaming Corp. in 2015 confirmed a US investment group and ... of a corporation for the purpose of owning income-generating real estate assets, whose shares of stock will be made accessible to small and large investors ...