Local vet lauds Pilmico project in Tuguegarao City
news.pia.gov.ph - 2016-07-15
We really need the support of the private sector," he said. Pilmico, a food subsidiary of Aboitiz Equity Ventures, Inc., has awarded 15 families here of two piglets each with one-cycle feed consumption and regular monitoring and supervision from the ...

CANADA STOCKS-TSX extends 11-month high as banks cheered by JPMorgan
MSN - 2016-07-15
The most influential risers included Royal Bank of Canada , the country's biggest bank by market capitalization, which rose 0.7 percent to C$79.82, and Manulife Financial Corp , which advanced 1.2 percent to C$17.73. The overall financial sector group rose ...

PDIC order garnishing Araneta assets lifted
Inquirer - 2016-07-15
Key assets of the Araneta family, including a controlling stake in publicly listed courier and remittance service firm LBC Express Holdings Inc., have been freed up. This follows the execution of an earlier court order lifting the Philippine Deposit ...

Manila Water details expansion
thestandard.com.ph - 2016-07-14
Manila Water Co. Inc. plans to provide water to industrial parks and offer sanitation services in Southeast Asian countries as it expands to meet a target of doubling earnings in five years. Manila Water has the expertise for industrial needs as it ...

PLDT investing P48b
thestandard.com.ph - 2016-07-14
PLDT Inc. raised its capital expenditures this year to P48 billion to finance the transformation of its network from legacy to purely digital, a top executive said. "We have disclosed that this year the capex would be at around P43 billion and this week ...

COCKTALES | Goldilocks stops Chowking from serving Chinese-style chicken orange dish
interaksyon.com - 2016-07-14
Goldilocks was represented in the litigation by AccraLaw; Chowking, by Quisumbing Torres. Ongpin spins a bigger WEB PhilWeb chairman Roberto V. Ongpin has braved the still choppy gaming market by acquiring an additional 837,000 shares worth nearly P13 million.

Antitrust Concerns May Foil CVS Expansion Via RiteAid-Walgreens Concessions
MSN - 2016-07-14
As investors await news of antitrust divestitures that will likely come from Walgreens Boots Alliance's acquisition of ... Consider, for example, Haggen Holdings LLC. The private equity-backed company went bankrupt just a few weeks after acquiring 146 ...

Campaign jingle composer named Duterte adviser
Philippine Daily Inquirer - 2016-07-14
He also owns a radio and TV station, as well as a company with interests in real estate development ... Jimmy Bondoc were named assistant vice presidents of Philippine Amusement and Gaming Corp. Ignacio handles community relations, while Bondoc is in ...

SMC selling 49% of power unit
Manila Standard Today - 2016-07-14
It also prohibited the agency from collecting "VAT on generation payments for Meralco nominations under the Meralco-National Power Corp. power supply contracts to service Sunpower and Ecozone requirements.

Bangladesh gets antihacking tips from PH experts
Inquirer - 2016-07-14
"Now Corp. has the capability of complying with these [security requirements] for our customers through our cloaking devices, real-time diagnostics and monitoring tools, counter-attack tools, cyber manpower and other technologies that help prevent ...

Duterte appoints RJ Jacinto, five others
Manila Bulletin - 2016-07-14
Jacinto, president of Philcomsat Holdings Corp., was the brains behind a campaign jingle for the then Davao City mayor when he ran for president. Jacinto graduated with honors in Economics at the Ateneo de Manila University. Also appointed were retired Lt.

Philex awaits go-ahead to proceed with drilling in disputed waters
Inquirer - 2016-07-14
Forum is 67.19 percent owned by Philex Petroleum, which is controlled by Philex Mining. The Sampaguita prospect is estimated to hold up to 20 trillion cubic feet of natural gas. Moving forward, Pangilinan said they may still need to engage a foreign ...

Common station row soon to be settled
Inquirer - 2016-07-14
The department, which claimed the move was more beneficial to commuters, outlined this transfer in the contract for the LRT-1 Cavite extension public private partnership project, won by Ayala Corp. and Metro Pacific Investments Corp. that same year.

Stock market gains; GT Capital climbs
thestandard.com.ph - 2016-07-14
Megaworld Corp., the biggest lessor of office spaces and a unit of Alliance Global, gained 1.4 percent to P5.07. Philex Petroleum Corp. retreated 13 percent to P4.68, while parent Metro Pacific Investments Corp. fell 2.1 percent to P7.15. Japanese stocks ...

Philex seeks oil partner
thestandard.com.ph - 2016-07-14
Philex Petroleum Corp., a unit of Philex Mining Corp., said Thursday it may look for a new foreign partner in exploring the West Philippine Sea, after the country received a favorable decision from the international tribunal in the Netherlands over a ...

Veteran telecom lawyer Salalima appointed first DICT secretary
Manila Bulletin - 2016-07-14
He moved to Globe Telecom, Inc., taking the post of Senior Vice President for Corporate and Regulatory Affairs until his retirement in 2008. Atty. Salalima was also the Asia Pacific Representative and Vice Chairman of the International Telecommunication ...

SMC confirms stake divestment in Ilijan
Manila Bulletin - 2016-07-14
In a disclosure to the Philippine Stock Exchange (PSE), SMC confirmed that the company "is in talks with Manila Electric Company (Meralco) with a possible investment up to the extent of 49 percent by Meralco in South Premiere Power Corporation (SPPC)."

Mining crackdown lifts nickel prices
Manila Bulletin - 2016-07-14
The biggest Philippine producer, Nickel Asia Corp., which has already complied with international mining standards, accounted for close to 40 percent of Philippine nickel ore production last year, according to analyst David Wilson at Citi in London.

BCDA: Foreign firms interested in locating to Clark Green City
BusinessMirror. - 2016-07-14
The development of the 9,450-hectare development project will be done in phases with the first one, a parcel of 288 hectares, already awarded to Filinvest Land Inc. Aside from the Japanese investors, Casanova stated serious interest from Singapore ...

Isuzu offers free 30-point service checkup
BusinessMirror. - 2016-07-14
All owners of Isuzu Alterra, D-Max, Crosswind, Trooper, Hi-lander and Fuego that are manufactured and distributed by IPC, bought in 2013 or earlier, and with their last servicing date in 2014, are entitled to receive a free 30-point service inspection.

China Bank subsidiary acquires ATC Securities
BusinessMirror. - 2016-07-14
As the company had announced earlier, ASI will eventually be renamed China Bank Securities Corp. and will serve as the stock brokerage arm of the China Bank Group. CBCC will build up the capitalization of China Bank Securities to P100 million, the minimum ...

San Miguel: No plans to look for MRT7 partner
Rappler - 2016-07-14
Ayala Corp managing director Eric Francia said earlier this week that all parties concerned are now in talks to finally resolve the issue on the common station. Based on initial plans, the common station will be built between SM Prime's SM North EDSA ...

Concepcion Industrial allots P10 B for acquisitions
Philstar - 2016-07-14
MANILA, Philippines - Concepcion Industrial Corp. (CIC), the listed provider of air conditioning solutions and refrigerators, is ready to pour in as much as P10 billion to acquire other brands and companies available in the market as part of its strategy ...

Top Frontier willing to raise public float
Manila Bulletin - 2016-07-14
Philippine Stock Exchange data shows, Top Frontier currently has 490.2 million ... conglomerate San Miguel Corporation and 100 percent of Clariden Holdings, Inc., a holding company with interests in exploration, mining and development.

Duterte appoints Ramon Jacinto as presidential adviser
Manila Bulletin - 2016-07-14
Jacinto, president of Philcomsat Holdings Corp., was the brains behind a campaign jingle for the Davao City mayor during the recent presidential campaign. Also appointed were two retired military generals, namely Arthur Tabaquero as Presidential adviser ...

New hopes in a new government
MSN - 2016-07-14
(Mr. Pangilinan is also the Chairman, CEO, and President of PLDT. Hastings Holdings, Inc. -- a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc. -- has a stake in BusinessWorld through The Philippine Star Group, which it controls.)

MVP marks 70th birthday with P2.5-M digital classroom gift to school in hometown
interaksyon.com - 2016-07-14
The air-conditioned facility will be managed by the school faculty and is the second PLDT project at JEMS after a computer room. Pangilinan, who chairs PLDT, was accompanied by executives of the MVP Group and by Pampanga Vice Governor Dennis Pineda ...

Gatchalian, Pichay charged with graft, malversation over P80-M bank deal
MSN - 2016-07-14
Kenneth Gatchalian and Yolanda Dela Cruz Forum Pacific Inc. (FPI) executives Elvira Ting, Peter Salud, Geronimo Velasco, Jr., Weslie Gatchalian, Rogelio Garcia, Lamberto Mercado, Jr., Evelyn dela Rosa, Arthur Ponsaran, and Joaquin Obieta Express Savings ...

P2.5-M MVP Digital Classroom to rise on Apalit public school
interaksyon.com - 2016-07-14
APALIT, Pampanga, Philippines - Funded by the PLDT "Balik-baterya" program, a "futuristic" digital classroom with an estimated project cost of P2.5 million will soon rise at the Jose Escaler Memorial High School (JEMS) in Barangay San Juan here ...

Gatchalian, Pichay indicted
Philippine Daily Inquirer - 2016-07-14
The Gatchalians are the executives and owners of Wellex Group Inc. (WGI) and Forum Pacific Inc. (FPI), which owned and operated Esbi at the time of the controversial acquisition. Pichay was the chair of the LWUA at the time. Also indicted were the senator ...

Huawei turns over 100 laptops to Ayala Foundation for Global Filipino Schools
Manila Bulletin - 2016-07-14
Huawei Technologies Philippines, Inc. supports the Global Filipino Schools Program of Globe Telecom, Inc. and Ayala Foundation, Inc. as it turns over 100 laptops for use of public elementary schools under the program. While Globe provides internet access ...

LRT line proposed for Quezon Avenue
MSN - 2016-07-13
The elevated LRT line pitched by East West Rail Corp. and Alloy MTD Group will run for nine kilometers and consist of 11 stations from Diliman, Quezon City to Lerma in Manila, Public-Private Partnership Center Executive Director Andre C. Palacios said in a ...

Pork ribs, gelato, pizza that are worth the drive
Inquirer Lifestyle - 2016-07-13
This is just one of the reasons to visit Uptown Mall and Uptown Parade, two properties that sit next to each other, developed and managed by Megaworld Corp. "We sought out brands from abroad after doing a lot of research," said Kevin Tan, Megaworld ...

Reed Bank exploration: Philex Petroleum may seek new foreign partner
Rappler - 2016-07-13
MANILA, Philippines - Philex Petroleum Corporation may look for a new foreign partner should the new administration give the mining company the go-signal to explore oil and gas prospects at the Reed Bank in the South China Sea. "[W]ith the approval of ...

China likely hacked US banking regulator, report finds
MSN - 2016-07-13
The Chinese government likely hacked computers at the Federal Deposit Insurance Corporation in 2010, 2011 and 2013, according a congressional report on Wednesday that cited an internal investigation by the banking ... the allegations. China has long ...

Concepcion to spend P11b for expansion
thestandard.com.ph - 2016-07-13
Appliance maker Concepcion Industrial Corp. is spending P11 billion to finance expansion and possible acquisitions over the next few years in line with the target to increase net income and revenues fivefold by 2020. CIC president Raul Joseph Concepcion ...

Concepcion to spend P11b for expansion
Manila Standard Today - 2016-07-13
Appliance maker Concepcion Industrial Corp. is spending P11 billion to finance expansion and possible acquisitions over the next few years in line with the target to increase net income and revenues fivefold by 2020. CIC president Raul Joseph Concepcion ...

Why Social Media Won't Ruin Millennials or Generation Z
Inc. - 2016-07-13
The next generation of parents will wish for the days of Instagram ... The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

Philippines seen to ride out economic fallout from ruling
Philstar - 2016-07-13
"China is our No. 1 trade partner," Emilio Neri Jr., lead economist at Bank of the Philippine Islands, said in a phone interview yesterday. He said raw materials and semiconductors, which the country sources mostly from China and then processes ...

The Gina and Manny Show
thestandard.com.ph - 2016-07-13
Manny is, of course, Manuel V. Pangilinan, chairman of one of the largest and oldest mining companies in this country, Philex Mining Co. Inc. The public personas--or is it personae?--of these two individuals differ greatly. Secretary Lopez is a ...

PetroEnergy gets guaranteed rate for solar plant
Inquirer - 2016-07-13
A unit of PetroEnergy Resources Corp. (Perc) has secured a regulatory approval to operate a 50-megawatt (MW) solar power plant in Tarlac via an incentives scheme. Perc disclosed Wednesday the Energy Regulatory Commission approved the certificate of ...

Globe: MSMEs must start operating their businesses online
BusinessMirror. - 2016-07-13
Globe Telecom Inc. Vice President Digital Solutions Debbie Obias said the private sector has been working full-time to equip these enterprises with digital solutions to ease their market entry into globally participating networks. "Many Filipinos remain ...

The Gina and Manny Show
Manila Standard Today - 2016-07-13
Manny is, of course, Manuel V. Pangilinan, chairman of one of the largest and oldest mining companies in this country, Philex Mining Co. Inc. The public personas--or is it personae?--of these two individuals differ greatly. Secretary Lopez is a ...

Concepcion Industrial expects to beat 15% growth target for 2016
BusinessMirror. - 2016-07-13
CONCEPCION Industrial Corp., known for its refrigeration and air-conditioning products, said it expects to grow by 25 percent this year and will beat its own estimate of growing 15 percent both on its revenue and income. Raul Joseph Concepcion, the company ...

Govt reviewing MRT buyout
thestandard.com.ph - 2016-07-13
... s plan to buy out the private investors of Metro Rail Transit Line 3 as well as the new proposal of Metro Pacific Investments Corp.. to expand and operate the system. "We are studying it and I promise that there would be less analysis. We will make ...

FDC Misamis plant to start distributing power in Mindanao
thestandard.com.ph - 2016-07-13
FDC Misamis Power Corp. of the Filinvest Group said Wednesday it successfully synchronized the first unit of its 405-megawatt coal-fired power project with the Mindanao grid. The start of operations of the power plant is expected to support the increasing ...

BSP to hike TDF volume if oversubscription persists
BusinessMirror. - 2016-07-13
Bank of the Philippine Islands (BPI) research officer Nicholas Antonio Mapa said the BSP will likely continue to raise the volume of its offering, but on a gradual pace. "As of now, the auction sizes remain relatively small, compared to the bevy of ...

SMC offering to divest contracted Ilijan supply capacity to Meralco
Manila Bulletin - 2016-07-13
Diversifying conglomerate San Miguel Corporation (SMC) is offering to divest the contracted capacity of the 1,200-megawatt Ilijan natural gas-fired power facility to Manila Electric Company (Meralco). This was confirmed by Meralco President Oscar S.

With the proposed WESM-Mindanao, staggered payment of past dues sought
Manila Bulletin - 2016-07-13
For it not to impede the establishment of a viable Wholesale Electricity Spot Market (WESM) in Mindanao, Aboitiz Power Corporation has indicated that they are willing to discuss with government "staggered payment arrangements" on the dues still ...

Green open spaces: Making modern cities inhabitable
Manila Bulletin - 2016-07-13
Duane A. X. Santos, EVP and GM of Greenfield Development Corp. This is the same spirit that the real estate developer aspires for in masterplanning its own flagship communities in the Philippines. "Open space in urban development provides many advantages ...