Metro Retail puts up first store in Negros
Philstar - 2016-07-26
MANILA, Philippines - Metro Retail Stores Group Inc. of the Gaisano family is further cementing its foothold in the Visayas with a planned expansion in Negros Oriental. Metro Retail said it has entered into a 25-year lease agreement with the local ...

Gatchalian seeks dismissal of LWUA case
Philippine Daily Inquirer - 2016-07-26
They were charged as executives of Wellex Group Inc., which owns the ESBI with Forum Pacific Inc. (FPI). The principal accused in the case is Surigao Del Sur Rep. Prospero Pichay as then LWUA chair. He was charged with three counts of graft, three counts ...

Celebs vie in tougher Ironman 70.3 As-Pac
Philstar - 2016-07-26
Backed by major partners Philippine Airlines, Summit Water, 2Go Express (official courier and logistics partner), Asics, Gatorade, Prudential Guarantee, Oakley and Timex, the event will mark the first time the AsPac tourney will be held outside Australia ...

Pilipinas Shell to raise P29.7B through IPO
Rappler - 2016-07-26
Among the largest IPOs conducted in the PSE to date include Robinsons Retail Holdings Incorporated, Sy family-led conglomerate SM Investments Corporation, Cemex Holdings, and Cebu Air Incorporated. - Rappler.com

Stocks up for 1st Sona in 24 years
Inquirer - 2016-07-26
But BDO Unibank Inc. chief strategist Jonathan Ravelas said the PSEi gain on Monday was remarkable because of its rarity. The PSEi had declined on all first Sona days across three administrations in more than two decades, Ravelas said. The PSEi fell ...

Metro Pacific unit secures NLEX-SLEX Connector Road deal
Rappler - 2016-07-26
On January 21, 2014, it signed a joint venture agreement with state-run Philippine National Construction Corporation (PNCC) - the holder of the NLEX franchise - to build that road. But months later, the Department of Justice (DOJ) said in an opinion on ...

Ex-Holcim exec Pecson is the new PPP Center chief
Rappler - 2016-07-26
Based on information in his LinkedIn page, Pecson got his mechanical engineering degree from the University of the Philippines in 1981, and his doctorate in Energy Engineering also from UP in 1988. In 2000, he completed his Master of Business ...

Ayala Land Premier announces most expensive residential project yet
Rappler - 2016-07-26
MANILA, Philippines - Ayala Land Premier, the upscale brand of listed developer Ayala Land Incorporated, announced its most expensive residential project to date - the P20.5-billion Park Central South Tower. Park Central Towers, its ultra-luxury, two ...

JULY 2016 - PHILIPPINE JURISPRUDENCE
lawphil.net - 2016-07-26
July 26, 2016 Re: Letter of Court of Appeals Justice Vicente S.E. Veloso for the Entitlement to Longevity Pay for His Services as Commission Member III of the National Labor Relations Commission/Re: Computation of Longevity Pay of Court Appeals Justice ...

How Lucio Tan Jr. remains a competitive baller at 50
Inquirer Lifestyle - 2016-07-25
He strikes a balance between his work at the Lucio Tan Group of Companies, Philippine Airlines, Philippine National Bank, Eton Properties, Tanduay Distilleries and the LCT Power Corp., and cross-training and sports. Next August, the Philippines will host ...

No mercy for criminals
Philippine Daily Inquirer - 2016-07-25
The firm, however, has denied this despite the insistence of a reliable source. Another option: Mano Digong can call on the Rizal Commercial Banking Corp. (RCBC) to return to the Bangladesh government the rest of the stolen money. He should insist that the ...

Fish Importer Asks High Court To Take Duty Case
Law 360 - 2016-07-25
On remand, Commerce used surrogate values based on sales data from Vitarich Corp., a Philippine poultry and fish processor, whose figures were much lower than those Vinh Hoan had proposed and were favored by the domestic producers. The federal agency said ...

Gaisano to put up a branch in Negros
thestandard.com.ph - 2016-07-25
Cebu-based retailer Metro Retail Stores Group Inc. of the Gaisano family is expanding into Negros Oriental. Metro Retail said in a disclosure to the stock exchange it signed a 25-year lease agreement with the local government of Bais, Negros Oriental to ...

Opus Bank's (OPB) CEO Stephen Gordon on Q2 2016 Results - Earnings Call Transcript
MSN - 2016-07-25
as well as record fee income contributions from each of the merchant bank, our escrow and exchange division and our PENSCO Trust Company's subsidiary, which we acquired during the second quarter. For the second quarter of 2016, we reported net income of $ ...

Militant rally turns into love feast
Philippine Daily Inquirer - 2016-07-25
We are not here to harm you." He drew cheers and applause from the crowd. In past Sona rallies, the protesters were only allowed near Ever Gotesco Mall along Commonwealth Avenue. Agitation to get past the blockades ended in skirmishes with policemen ...

BDO still biggest bank; Landbank overtakes BPI
Philstar - 2016-07-25
In terms of capital, BDO dominated the industry with P203.2 billion followed by Metrobank with P185.48 billion, BPI with P151.02 billion, PNB with P99.48 billion, and Landbank with P90.12 billion. RCBC ranked sixth with P59.79 billion while Security Bank ...

Shell finalizes P29.7-b IPO
Manila Standard Today - 2016-07-25
Pilipinas Shell Petroleum Corp., a unit of Royal Dutch Shell Plc ... It is one of the only two integrated refining and marketing companies in the Philippines. Pilipinas Shell will be the third company to conduct an IPO this year.

Shell finalizes P29.7-b IPO
thestandard.com.ph - 2016-07-25
Pilipinas Shell Petroleum Corp., a unit of Royal Dutch Shell Plc., plans to raise up to P29.7 billion from an initial public offering, which is expected to be one of the largest fund-raising activities in the stock market, investment banking sources said ...

Outside Batasan, sweeping change from battleground to peace zone
Manila Bulletin - 2016-07-25
In the past, demonstrators were allowed to hold their/program in front of the Ever Gotesco Mall, on Commonwealth Ave., a long way off IBP Road. Philippine National Police chief Director General Ronaldo dela Rosa visited the site where Reyes and his group ...

DILG, TELCOS prepare for 911 nationwide operation
news.pia.gov.ph - 2016-07-25
Mon Isberto of PLDT-Smart Communications, also present during the testing, has recommended that the more local units connected to 911 national center, the better for call operators because their dispatch load will be reduced, and the faster the respondents ...

Liking and admiring the President
Manila Standard Today - 2016-07-25
There was also an order to collect a fine of P174 million on allegations of insider trading involving shares of Philex Mining. It is obvious that the minions of former President BS Aquino are still determined to get Ongpin, whom the Aquino administration ...

Alliance expands ME mart
thestandard.com.ph - 2016-07-25
Listed seafood producer and exporter Alliance Select Foods International Inc. said Monday it plans to increase its market share in the Middle East. The company said in a disclosure to the stock exchange it was exploring partnerships with key distributors ...

Stocks rise; Meralco advances
thestandard.com.ph - 2016-07-25
The stock market gained Monday after another record close on Wall Street overnight, with selective issues rising on expectations of better first-half profits. The Philippine Stock Exchange Index rose 23.78 points, or 0.3 percent, to 8,049.13 on a value ...

Remittances likely to keep rising -- BSP
thestandard.com.ph - 2016-07-25
The money was believed stolen by cyber thieves from the account of Bank of Bangladesh in the Federal Reserve in New York and entered the Philippine financial system through a Makati branch of Rizal Commercial Banking Corp. Experts expressed concern that ...

CA orders PCC to comment on Globe, PLDT petitions not to review purchase of SMC telco shares
BusinessMirror. - 2016-07-25
THE Court of Appeals (CA) has directed the Philippine Competition Commission (PCC) to comment on the separate petitions filed by the Philippine Long Distance Telephone Co. (PLDT) and Globe Telecommunications Inc. seeking to stop the agency from reviewing ...

BDO Unibank still biggest in asset terms, capital
BusinessMirror. - 2016-07-25
Ty-led Metropolitan Bank and Trust Co. (MetroBank) trails second in the lot, with total asset pool of P1.376 trillion, while government-owned lender Land Bank of the Philippines is the third largest in terms of assets at P1.285 trillion. The Bank of the ...

4K supports Lopez call to watch cement makers
BusinessMirror. - 2016-07-25
Pineda also questioned the merger of Holcim Philippines Inc. and Lafarge Republic Inc., which now controls 75 percent of the cement industry. This, the group said, violates the antitrust law. "How come the PCC [Philippine Competion Commission] let this ...

Nuvali hotel cited for promoting healthy living with its design
Manila Bulletin - 2016-07-25
Nuvali is the largest self-sustainable urban hub in the country developed by Ayala Land in Santa Rosa, Laguna. During the week, the hotel is favored by executives and visitors doing business in the manufacturing hubs of Laguna. According to Seda Nuvali GM ...

Constructive criticism or something else?
BusinessMirror. - 2016-07-25
The legal concept of treason began as a statute in the 1300s under the reign of King Edward III of England. It was specifically directed at the crimes of waging war against the throne, aiding enemies of the King or contemplating his death. About 100 years ...

Globe pushes $700-M capex, braces for legal battle with PCC
Manila Bulletin - 2016-07-25
Globe Telecom, Inc. is pushing on with its $700-million capex to improve its mobile internet services. "We can only generate additional capacity by using a new set of frequencies. Sadly it is the PCC that is exerting all efforts for us to prevent using ...

SONA 2016: Duterte vows faster internet, free wifi
Rappler - 2016-07-25
(READ: New Internet speed minimum throwback to '90s?). One often highlighted point is the lack of choice consumers have in internet service providers or ISPs with the market dominated by Globe Telecom and PLDT.

Midwest BankCentre, Inc. Completes Acquisition of Bremen Bancorp Inc
Patch - 2016-07-25
Midwest BankCentre, Inc. has completed its acquisition of Bremen Bancorp Inc. (BBIM), parent company of Bremen Bank & Trust Co., effective July 15 ... s branch network in the northern sector of the metropolitan area and enables the bank to market ...

SONA 2016: Duterte eyes Sangley Point to help decongest NAIA
Rappler - 2016-07-25
"I will also be requesting the airlines. I hope I'm not preempting the meeting being arranged. I am asking for them to transfer all their turbo props in Clark," Tugade had said. On the sidelines of the same forum, Philippine Airlines president Jaime ...

DENR: Hinatuan nickel mine closure voluntary
Inquirer - 2016-07-25
The move to halt the mining operations of Hinatuan Mining Corp., a subsidiary of Nickel Asia Corp., (NAC) was "voluntary" and not due to any suspension order by the Department of Environment and Natural Resources (DENR), Secretary Regina Lopez said.

Ongpin vows to fight SEC over insider trading allegations
Philstar - 2016-07-25
Furthermore, the SEC ruled that Ongpin, who is currently chairman of listed companies Philweb Corp. and Atok Big Wedge Inc., is now disqualified from being an officer or member of the board of directors of a public company or listed company. The SEC said ...

Aquino, Cabangon prevail
BusinessMirror. - 2016-07-25
GOLF enthusiast Jun Aquino fired a net 69 to win the overall championship and the BusinessMirror Publisher Anton Cabangon carded a net 72 to rule Class B of the Second Samahang Plaridel Golf Tournament on Friday at the Wack Wack Golf and Country Club. Low ...

Fliptix: Reel change is here
Inquirer Lifestyle - 2016-07-25
Only fifteen were blessed with an opportunity to pitch their startups before a chosen esteemed panel from the PLDT Group of Companies. Fliptix is ushering in its first line of service which is a cinema-on-demand booking engine that uses a group buying ...

Sauber F1 team acquired, some say saved, by finance company
MSN - 2016-07-25
Little-known Longbow Finance SA has acquired Sauber Holding AG, the holding company of the Sauber Group. Longbow Finance SA is incorporated in Switzerland and apparently active in financial investments for more than 20 years. It has been driver Marcus ...

BSP holds free economic and learning sessions for Bicolanos
news.pia.gov.ph - 2016-07-25
LEGAZPI CITY, July 25 (PIA) - The Bangko Sentral ng Pilipinas (BSP) Legazpi branch conducted a three-day economic and financial learning sessions for free as part of the 23rd BSP anniversary celebration this year "Our objective is to spur public ...

SE Asia stocks: Philippines up ahead of president address
themalaymailonline.com - 2016-07-25
Metropolitan Bank and Trust Co and Bank of the Philippine Islands gained 2 per cent and 2.1 per cent, respectively. Most other South-east Asian stock markets also rose ahead of a two-day US Federal Reserve meeting starting tomorrow and a Bank of Japan ...

The Road to Being Ronald Ventura
artplus.ph - 2016-07-25
In an interview, he recalls that the first contest that he won was an on-the-spot event at Luneta Park, sponsored by the Allied Bank. This head start progressed as his two younger brothers, Roland and Roldan, would themselves later on pursue their ...

Ongpin: Raps erroneous, persecution continues
Inquirer - 2016-07-24
The SEC recently slapped Ongpin with a P174-million fine for allegedly using insider information to profit from the trading in Philex Mining shares in 2009. This is the first and only case of insider trading so far decided by the SEC en banc under the ...

Mark Jezzcelle Martinote
slideshare.net - 2016-07-24
Inc / CHIYUDA Philippines Corporation) Certificate of attendance (On-the Job training at keppel Singmarine Pte Ltd, Singapore) Summary: Had a progressive and responsible worked experience in Construction and drafting/design for Marine Industry, Petrochemical.

As Japan grays, retailers seek youths in Vietnam
BusinessMirror. - 2016-07-24
Japanese convenience store giant 7-Eleven last year signed a franchise agreement with Seven System Vietnam as part of its expansion plan in Pacific Rim. And the interest is not limited to Japan, as Korean retail conglomerate Lotte Group targets to open 60 ...

Primex promises to double income in 2016
BusinessMirror. - 2016-07-24
PROPERTY developer Primex Corp. said it will double its profit this year, mainly on the contribution of its condominium arm as it considers a follow-on offering at the Philippine Stock ... in the many aspects of real estate, including raw land acquisition ...

Ongpin: Aquino minions still persecuting me
thestandard.com.ph - 2016-07-24
or P1 million for every 174 counts of insider trading involving shares of Philex Mining Corp. in 2009, was "unconscionable" and stressed the clear bias of the SEC against him. Roberto Ongpin Ongpin also called the SEC ruling as erroneous and grossly ...

Century open to Okada venture
thestandard.com.ph - 2016-07-24
Century Properties Group Inc. remains open to a partnership with Japanese billionaire Kazuo Okada in resort development, despite their failed partnership in a casino project. "We are open to partnering with anyone," Century Properties chairman Jose ...

Investors wait for new Peza executive
thestandard.com.ph - 2016-07-24
Among the major investments approved by Peza this year were P15.72 billion by a Dutch company, a P10.1-billion expansion by a Korean company, P5 billion in a tourism enterprise by MJC Investments Corp., P3.2 billion by renewable energy company Petrosolar ...

Investors wait for new Peza executive
Manila Standard Today - 2016-07-24
Among the major investments approved by Peza this year were P15.72 billion by a Dutch company, a P10.1-billion expansion by a Korean company, P5 billion in a tourism enterprise by MJC Investments Corp., P3.2 billion by renewable energy company Petrosolar ...

Workin' for a Living: 20 New Jobs Near Natick
Patch - 2016-07-24
Assistant Store Manager Wireless Retail Sales, Sprint Store by Nexgen -Avg ... In this role, the Senior ... Eliassen Group in Wellesley Hills, MA, USA - 6 days ago Job ID: 258668 Contract Length: 6 months Face to face interview required.