Vista Land optimistic on leasing revenues
thestandard.com.ph - 2016-08-11
Vista Land and Lifescapes Inc. of the family of former senator Manuel Villar expects rental income to hit over P4 billion this year, as the company starts to transform itself from a purely residential developer into an integrated property company.

Cebu judge warns Pokemon players: Stay out of my court
Inquirer Technology - 2016-08-11
CEBU CITY, Philippines--Justice may be blind, but this judge can see Pokemon Go players and will either fine or jail them for disturbing court proceedings. Judge Yvonne Cabaron Artiaga of the Municipal Trial Court in Cities (MTCC) Branch 3 posted several ...

Thanks to sound investments, Denok Miranda secure despite losing PBA job
spin.ph - 2016-08-11
Lucia, San Miguel, Petron, Barako Bull, GlobalPort and Talk 'N Text in a ... yun nga 'yung piggery ko ngayon under siya ng Monterey (Food Corporation)," he added. Currently, Miranda revealed that he is now taking care of 1,260 fattener hogs, which ...

Govt shuts down 2 E. Samar mines
thestandard.com.ph - 2016-08-11
Meanwhile, Environment Secretary Regina Lopez said she asked Sagittarius Mines Inc., Semirara Mining and Power Corp. and Century Communities Corp. to explain why the government should not cancel their environmental compliance certificates. "They will be ...

Stocks fall; PLDT, GT Capital retreat
thestandard.com.ph - 2016-08-11
The Philippine Stock Exchange Index dropped 70.05 points, or 0.9 percent, to 7,981.35 on a value turnover of P17.6 billion. Losers beat gainers, 137 to 61, with 39 issues unchanged. GT Capital Holdings Inc. of tycoon George Ty sank 4.1 percent to P1,554 ...

Bloomberry posts P1.3-b net profit
thestandard.com.ph - 2016-08-11
Bloomberry Resorts Corp., operator of Solaire Resort & Casino, returned to profitability in the second quarter as gaming revenues surged, bucking the downtrend in other Asian markets. Bloomberry said in a disclosure to the stock exchange it booked a net ...

Stocks fall; PLDT, GT Capital retreat
thestandard.com.ph - 2016-08-11
The Philippine Stock Exchange Index dropped 70.05 points, or 0.9 percent, to 7,981.35 on a value turnover of P17.6 billion. Losers beat gainers, 137 to 61, with 39 issues unchanged. GT Capital Holdings Inc. of tycoon George Ty sank 4.1 percent to P1,554 ...

Mindanao seen attracting more agricultural firms
BusinessMirror. - 2016-08-11
"The supply-demand outlook [of power] in Mindanao indicates that starting 2017, Mindanao will have surplus supply of power with the operation of new 300-megawatt coal-fired power plant of Aboitiz and other new power plants of Filinvest and San Miguel ...

Telco puts Davao City in global connectivity map with undersea cable system, data center
BusinessMirror. - 2016-08-11
Mobile services provider Globe Telecom Inc. is drawing Davao in the global connectivity map by aggressively building on its network infrastructure in the city, starting with the construction of the Philippine end of an international undersea cable system ...

PBB reports double-digit profit growth
BusinessMirror. - 2016-08-11
Philippine Business Bank (PBB) reported higher net profits in the first six months, the performance fueled by its core lending business and trading activities. In a regulatory filing on Wednesday, the bank bared a 13.2-percent growth in net income for the ...

PLDT Enterprise backs virtual reality gab
Manila Bulletin - 2016-08-11
PLDT Enterprise, through its emerging technologies business unit, Disruptive Business Group (DBG), aims to drive awareness for Virtual Reality (VR) technologies in the country with its support of the recently concluded Philippine Mobile VR Jam and Virtual ...

BCDA sets precedent in unlocking PH land values with Clark Green City
Manila Bulletin - 2016-08-11
State-owned Bases Conversion and Development Authority ... who also teaches real estate law at the University of the Philippines College of Law. The DUR refers to the "development rights" or the right to use and possess the land.

Rerouting of Tacloban flights opposed
Manila Bulletin - 2016-08-11
The Philippine Chamber of Commerce and Industry (PCCI) Eastern Visayas aired its concerns after Transportation Secretary Arthur Tugade announced in a Senate hearing Wednesday that the three airlines - Cebu Pacific, Philippine Airlines, and Air Asia ...

Pagcor to revoke reduced gambling license fees
Manila Bulletin - 2016-08-11
Fees reduction benefited gaming firms Travellers International Hotel Group, Inc., Bloomberry Resorts and Hotels, Inc., MCE Leisure (Philippines) Corp., and Tiger Resorts Leisure and Entertainment, Inc. In their joint statement disclosed to the Philippine ...

Semirara, Tampakan mine may lose ECC
Manila Bulletin - 2016-08-11
If the mining commence, the issue is what will happen after the mining? How would DMCI do rehabilitation of the island if you have such a big hole in the area. The issues on pollution have to be addressed," he added. SMPC, which currently makes up 97 ...

Ayala Corp. H1 income up 32% to P13.8 billion
BusinessMirror. - 2016-08-11
and Ayala Land Inc., which expanded 16 percent. "Most of our business units recorded an overall strong performance in the first half. Among our new businesses, our power unit is starting to contribute significantly to our bottom line," Ayala President ...

Metro Retail profit up 24 percent in H1
BusinessMirror. - 2016-08-11
which it bought from the SSI Group Inc. when it decided to move out of the department-store segment. This brought its store network to 49, some 24 of which are supermarkets, 13 hypermarkets and 12 department stores. The company has also entered into a ...

San Miguel to donate P1B for drug rehab centers
Rappler - 2016-08-11
"In the fight against illegal drugs, rehabilitation is crucial to providing drug dependents a chance at restoring their lives and becoming part of the solution to a better Philippines," San Miguel president and COO Ramon Ang said in a statement on Thursday ...

Megaworld income up 11% in H1
Philstar - 2016-08-11
MANILA, Philippines - Andrew Tan-led Megaworld Corp. reported a net income of P6.03 billion in the first half of the year ... brands Global-Estate Resorts Inc. (GERI), Empire East Land Holdings Inc. and Suntrust Properties amounted to P23.03 billion ...

San Miguel's net income doubles on sale of telco assets
Rappler - 2016-08-11
Meanwhile, SMC Global Power's consolidated revenues rose 2% to P41.1 billion in the first half of the year. The conglomerate's infrastructure unit San Miguel Holdings Corporation generated ... Skyway Stage 3, Metro Rail Transit Line 7, and the Bulacan ...

Lightning-struck Ongpin selling PhilWeb stake
Philstar - 2016-08-11
MANILA, Philippines - Reeling from what he likened to being hit by lightning, embattled businessman and former trade minister Roberto Ongpin said yesterday he would sell to the highest bidder his stake in electronic gaming firm PhilWeb Corp. President ...

EVERY STORM, QUAKE, ERUPTION | PDRF Emergency Operations Center tracks 'em all
interaksyon.com - 2016-08-11
The PDRF Emergency Operations Center (EOC), the first of its kind in the world to be headed by the private sector, was launched by the Philippine Disaster Resilience Foundation (PDRF) on Wednesday in Makati City. The EOC is open 24/7, and it enables the ...

EVERY STORM, QUAKE, ERUPTION | PDRF Emergency Operations Center tracks 'em all
interaksyon.com - 2016-08-11
Among those in attendance at the launch of the EOC were Aboitiz Equity Ventures president and CEO Erramon Aboitiz, Ayala Corporation chairman Jaime Zobel De Ayala, Shell chairman Edgar Chua, Phinma Group chairman and CEO Ramon del Rosario, and PLDT ...

Cebu Pacific inks agreement for two Airbus A330-300s
E TN Global Travel Industry News - 2016-08-11
The Philippines' leading airline, Cebu Pacific (PSE: CEB), has placed a firm order with Airbus for two A330-300s. The aircraft will join CEB's existing fleet of six A330s flying on long haul and selected regional and domestic routes, and will be configured ...

'Hit by lightning,' Ongpin may find selling his Philweb shares tough
interaksyon.com - 2016-08-11
MANILA - As instantaneous as it is disastrous and calamitous, former Philweb chairman Roberto V. Ongpin likened being singled out by President Duterte - as an "oligarch" to be cut down to size - to being struck by lightning. He is selling his shares in ...

Beep cards expand to tollways
Rappler - 2016-08-11
The Automated Fare Collection System (AFCS) was a public-private partnership deal bagged by the group of Metro Pacific Investments Corporation and Ayala Corporation.

NUJP appeals for help for son of colleague seriously wounded in snatching
interaksyon.com - 2016-08-11
Cash or check donations may be deposited to the Tabang Media Bank Account (Account Name: National Union of Journalists of the Philippines, Metrobank Kamuning Branch; Current Account Number 229-7229-507-458; Swift Code MBTCPHMM). Donations can also be ...

Norman Jardiel
slideshare.net - 2016-08-11
Home phone #: +632.571.6278 Rosewood Pointe, Acacia Estate, Mobile phone #: +63918-9074820 Taguig City, 1634 Philippines norman_jardiel@ ... A diversified company and part of the Daimler Benz Corporation. Siliconix is a leader in the design and manufacture ...

Digital Marketing in a BLINK Seminar 2016
fmi.com.ph - 2016-08-11
Her current roster of clients include Cebu Pacific ... Research from the University of the Philippines Diliman and finished some units in the Master of Business Administration program of De La Salle University Graduate School of Business.

Solaire operator returns to profit on strong gaming segments
Rappler - 2016-08-11
MANILA, Philippines - Casino operator Bloomberry Resorts Corporation returned to profitability in the second quarter of the year, posting a net income of P1.33 billion, on the back of strong volumes on all its gaming segments. The operator of Solaire ...

Megaworld nets P6.03B in H1
Visayan Daily Star - 2016-08-11
MANILA -- Property developer Megaworld Corp. booked an 11-percent increase in profit to P6.03 billion during the first half of 2016, driven by rental business, a government press release said. Megaworld's rental business, which includes offices ...

ABS-CBN income rises by 76% on higher ads
Rappler - 2016-08-10
MANILA, Philippines - ABS-CBN Corporation almost doubled its net income in the first half of the year as a record result of stronger regular and election-related advertising. The listed media and entertainment firm said its net income during the first 6 ...

The real Goliath PHL is fighting
BusinessMirror. - 2016-08-10
However, those vices generate profits and jobs for Filipinos with some of the largest public companies, including San Miguel Corp., Emperador Distillers and LT Group, in these businesses. Not only does the illegal-drugs industry divert financial resources ...

PLDT rolling out 3 Davao projects
Philstar - 2016-08-10
MANILA, Philippines - PLDT Inc. is set to complete three information and communications technology (ICT) projects in Mindanao by next month to beef up its digital infrastructure and better address requirements of customers in the southern part of the ...

Now Telecom wants to challenge PLDT, Globe
thestandard.com.ph - 2016-08-10
A telecom company owned by the Velarde family said Wednesday it is seriously looking at challenging the duopoly of Philippine Long Distance Telephone Co. and Globe Telecom Inc. as it asked the Duterte administration to assign to them mobile frequencies.

8990 investing P1.8b to develop Vitarich lot
thestandard.com.ph - 2016-08-10
Mass housing developer 8990 Holdings Inc. said Wednesday it plans to spend P1.8 billion to develop a 14-hectare former Vitarich Corp. property in Marilao, Bulacan into a residential project. 8990 Holdings said in a disclosure to the stock exchange the ...

8990 investing P1.8b to develop Vitarich lot
Manila Standard Today - 2016-08-10
Mass housing developer 8990 Holdings Inc. said Wednesday it plans to spend P1.8 billion to develop a 14-hectare former Vitarich Corp. property in Marilao, Bulacan into a residential project. 8990 Holdings said in a disclosure to the stock exchange the ...

8990 investing P1.8b to develop Vitarich lot
thestandard.com.ph - 2016-08-10
Mass housing developer 8990 Holdings Inc. said Wednesday it plans to spend P1.8 billion to develop a 14-hectare former Vitarich Corp. property in Marilao, Bulacan into a residential project. 8990 Holdings said in a disclosure to the stock exchange the ...

Now Telecom wants to challenge PLDT, Globe
Manila Standard Today - 2016-08-10
... said Wednesday it is seriously looking at challenging the duopoly of Philippine Long Distance Telephone Co. and Globe Telecom Inc. as it asked the Duterte administration to assign to them mobile frequencies. "We received the CMTS [cellular mobile ...

MMDA, Globe ink partnership for upgrading of flood control info center
news.pia.gov.ph - 2016-08-10
MAKATI CITY, Aug. 11 (PIA) - The Metropolitan Manila Development Authority (MMDA) and Globe Telecom, Inc. signed a memorandum of agreement (MOA) for the upgrading of information communications technology needs of the agency's Flood Control Information ...

Freeing telco sector up to government-Velarde
BusinessMirror. - 2016-08-10
In Photo: This August 19 photo shows executives of Now Corp. discussing the road map of the listed media technology firm (from left) Digital Media Specialist and System Architect Joel Gonzales, President and CEO Mel Velarde and Enterprise Marketing Head ...

Market ends flat; ICTSI leads advances
thestandard.com.ph - 2016-08-10
Losers outnumbered gainers, 106 to 83, while 41 issues were unchanged. Thirteen of the 20 most active stocks ended in the green, led by poultry producer Vitarich Corp. which climbed 9.8 percent to P1.79 and Megawide Construction Corp. which rose 7.9 ...

Beep cards for toll payment on trial run at Cavitex beginning on Monday
BusinessMirror. - 2016-08-10
The tap-and-go payment technology developed by AF Payments Inc. will be available on public trial at the Manila-Cavite Expressway (Cavitex) starting on Monday. Peter Maher, who sits as the CEO of the tech company, explained that all types of beep cards ...

Audit team to check Toledo metallic mining
Manila Bulletin - 2016-08-10
The team from the Central Visayas, meanwhile, will audit Benguet Corp., Lepanto Consolidated Mining Co., and Philex Mining Corp., all in the Cordillera Administrative Region (CAR). The mine safety and health audit will cover an investigation on whether the ...

Elevators, escalators at Manila, EDSA stations operational again
Manila Bulletin - 2016-08-10
according to LRT 1 concessionaire Light Rail Manila Corporation (LRMC). LRMC is optimistic that the lifts in Roosevelt, Balintawak, and Monumento stations will likewise be granted permits to operate in the next few months for the convenience of the average ...

How market predictions fail
BusinessMirror. - 2016-08-10
During the past 20 years, some 3,000 columns about the stock markets in general, and the Philippine Stock Exchange (PSE) in particular ... You may think that is silly but ask the shareholders of PLDT Inc. (no longer Philippine Long Distance Telephone ...

Watch your coastal properties as rise in sea level accelerates
BusinessMirror. - 2016-08-10
The volcanic eruption, the second largest of the 20th century, is estimated to have spewed almost 20 million tons of sulfur dioxide into the stratosphere, lowering global temperatures by about 1 degree Fahrenheit from 1991 to 1993, as gas and dust ...

Megaworld income rose 11% to P6.02 billion in H1
BusinessMirror. - 2016-08-10
The revenues include sales from its units Global-Estate Resorts Inc., Empire East Land Holdings Inc. and Suntrust Properties Inc. Revenue for the second quarter, however, was flat at P11.5 billion compared with the first quarter. The company said it is set ...

Ongpin to sell all his shares in Philweb
BusinessMirror. - 2016-08-10
Businessman Roberto Ongpin on Wednesday said he will sell all of his shares in Philweb Corp., a company that operates the electronic game stations of state-owned Philippine Amusement and Gaming Corp. (Pagcor). Ongpin, who resigned last week as Philweb ...

IMI income slightly fell in H1
BusinessMirror. - 2016-08-10
Ayala-led Integrated Micro-Electronics Inc. (IMI) said its net income fell in the first half of the year as revenues decreased. The company said its net income after tax for the period was at $15 million (P703.3 million), which is 1.5 percent lower from ...