Ian Veneracion takes fatherhood seriously
Manila Standard Today - 2016-06-18
"Man of the hour" Ian Veneracion (second from left) with GSMI executives during the Primera Light Brandy contract signing Ginebra San Miguel Inc. (GSMI) introduced Veneracion as the "man of the hour" being the newest endorser of its liquor brand ...

DOE approves moratorium on Palawan petro drilling
Manila Bulletin - 2016-06-18
The Department of Energy (DOE) has approved a two-year moratorium on a well drilling at Service Contract 55 (SC) petroleum block in southwest Palawan. In a disclosure to the Philippine Stock Exchange (PSE), interest-holder Trans-Asia Petroleum Corporation ...

MPIC takes control of sewage firm for P1.8 billion
Manila Bulletin - 2016-06-18
In a disclosure to the Philippine Stock Exchange, MPIC said it has acquired the control over Eco-System Technologies International, Inc., (ESTII) which has designed and built more than 500 high performing wastewater treatment and water recovery plants in ...

MPIC takes control of sewage firm for P1.8 billion
Manila Bulletin - 2016-06-18
In a disclosure to the Philippine Stock Exchange, MPIC said it has acquired the control over Eco-System Technologies International, Inc., (ESTII) which has designed and built more than 500 high performing wastewater treatment and water recovery plants in ...

DOE approves moratorium on Palawan petro drilling
Manila Bulletin - 2016-06-18
The Department of Energy (DOE) has approved a two-year moratorium on a well drilling at Service Contract 55 (SC) petroleum block in southwest Palawan. In a disclosure to the Philippine Stock Exchange (PSE), interest-holder Trans-Asia Petroleum Corporation ...

Former ABS-CBN news exec eyed to run PTV-4
Philstar - 2016-06-18
DAVAO CITY, Philippines - A former news executive of ABS-CBN Broadcasting Corp. is being eyed as general manager and news director of state-run television station PTV-4. Incoming communications secretary Martin Andanar declined to identify the person he ...

ON UP'S 108TH | Professor's lament: No room for Humanities, Social Sciences
interaksyon.com - 2016-06-18
It wasn't modernized," the professor said. SM Investments Corporation donated the nine-storey Henry Sy Sr. Hall situated at Bonifacio Global City extension campus. UP BGC will host classes of the College of Law, College of Engineering, Virata School of ...

Snapshot of industries: Good, poor performers under Aquino
Rappler - 2016-06-18
Ayala Corporation, and Metro Pacific Investments Corporation. Thrived: Manufacturing (7%) The roller-coaster exchange rate, leaning towards more depreciation, increased the purchasing power multiplier of the dollar inflows from OFW remittances, BPOs ...

Snapshot of industries: Good, poor performers under Aquino
Rappler - 2016-06-18
This is validated by the strong growth of big banks Metrobank, Bank of the Philippine Islands (BPI), and BDO Unibank, as well as real estate giants Ayala Land, SM Development Corporation, Robinsons Land, Megaworld, and Vista Land. The growth of the ...

Shahid Kapoor : Alia Bhatt Should Win National Award For UDTA PUNJAB
MSN - 2016-06-17
Watch how Kapil and Chandu try to hoodwink Dr. Mashoor in the 9th episode of 'The Kapil Sharma Show' on Sony Entertainment Television. To watch it online Download the Sony LIV app.

Megaworld bares P180-b investments
thestandard.com.ph - 2016-06-17
Megaworld Corp., the property arm of tycoon Andrew Tan, said it will spend P180 billion to develop 12 provincial townships over the next 10 years. Megaworld executive director Kingson Sian said the company was aggressively expanding its developments in key ...

Megaworld bares P180-b investments
Manila Standard Today - 2016-06-17
Megaworld Corp., the property arm of tycoon Andrew Tan, said it will spend P180 billion to develop 12 provincial townships over the next 10 years. Megaworld executive director Kingson Sian said the company was aggressively expanding its developments in key ...

Case of missing P90M, treasurer baffles Laoag execs
Philippine Daily Inquirer - 2016-06-17
Laoag treasurer Elena Asuncion left the country on June 14 on board a Philippine Airlines plane bound for Hawaii ... The Bureau of Local Government Finance, the Commission on Audit and the Ilocos Norte treasury had shut down operations of the city treasury ...

Antitrust body puts brakes on telco deal
Inquirer - 2016-06-17
The Philippine Competition Commission (PCC) stood its ground against PLDT Inc. and Globe Telecom, saying their joint P70-billion deal to acquire a telco rival would not be approved until a full review was completed. The newly created antitrust regulator ...

Megaworld readies P180B for 12 township projects
Inquirer - 2016-06-17
MEGAWORLD Corp., the flagship property company of tycoon Andrew Tan, announced an aggressive spending program on its township projects outside Metro Manila, as the incoming Duterte administration signaled plans to boost economic development outside the ...

Low-density condo village in the city
Inquirer - 2016-06-17
A subsidiary of Ayala Land, Avida has a portfolio highlighted by residential condominiums, house and lot communities, mixed-used developments, and offices across the country.

Travellers delays casino project
Manila Standard Today - 2016-06-17
Travellers International Hotel Group Inc. said Friday it may move the opening of its second integrated resort and gaming facility in the Philippines amid ... of Bloomberry Resorts Corp. and City of Dreams Manila of Melco Crown group. A third gaming and ...

Megaworld to pump P180B to 12 provincial townships
BusinessMirror. - 2016-06-17
MEGAWORLD Corp. on Friday said it will spend P180 ... The company, led by businessman Andrew Tan, secured its mark in the real-estate industry by acquiring land in mostly prime areas around the Philippines during the past two decades.

PLDT, partners to launch Gulf unit soon
BusinessMirror. - 2016-06-17
"It has to be content-driven, because international long distance is going down."--Caeg TOKYO, Japan--The interna-tional sales and marketing arm of the largest telecommunications company in the Philippines is planning to set its foot in the Middle ...

Globe asks Duterte to invest in internet infrastructure in rural areas
thestandard.com.ph - 2016-06-17
Globe Telecom Inc. on Friday asked the administration of President-elect Rodrigo Duterte to invest in internet infrastructure in rural and remote areas, which can be leased out to telecom operators. Globe president and chief executive Ernest Cu said ...

Megaworld bares P180-b investments
thestandard.com.ph - 2016-06-17
Megaworld Corp., the property arm of tycoon Andrew Tan, said it will spend P180 billion to develop 12 provincial townships over the next 10 years. Megaworld executive director Kingson Sian said the company was aggressively expanding its developments in key ...

Watching the externals
BusinessMirror. - 2016-06-17
interest rates are mentioned in regard to price movement on the Philippine Stock Exchange. It means absolutely nothing. If an investor loans money for up to seven years, he or she loses money lending to the following nations with negative interest rates ...

Pasig court issues TRO versus RCOA rules
Manila Bulletin - 2016-06-17
A Pasig regional trial court (RTC) has granted the petition of Manila Electric Company (Meralco) for a temporary restraining order (TRO) preventing the Energy Regulatory Commission (ERC) from enforcing for the time being its newly issued rules on retail ...

Megaworld to invest P180 B for provincial townships
Manila Bulletin - 2016-06-17
There are 12 townships identified by the company. These include the Iloilo Business Park; The Mactan Newtown; Davao Park District; Northill Gateway in Talisay City; The Upper East in Bacolod City; The Capital in San Fernando, Pampanga; Twin Lakes in ...

Fake Duterte aide set free on bail
Manila Bulletin - 2016-06-17
The man who allegedly used the name of Peter Laviña, campaign spokesman of incoming President Rodrigo Duterte, to solicit a total of P1 million from the Bank of the Philippine Islands (BPI)-Family Savings Bank has been out on bail. A source privy to the ...

Golden Haven allots P557 M for expansion
Manila Bulletin - 2016-06-17
"We are confident that with the synergies with affiliates specifically with Vista Land & Landscapes, Inc. and by capitalizing the 95 cities and municipalities where Vista Land is present," Navarrete said. At present, Golden Haven is considered as one ...

Parliament Standing Committee to visit Bengaluru, Chennai, Bhopal
Yahoo! India News - 2016-06-17
In Chennai, the committee will visit the Tamil Nadu Dr Ambedkar Law University and hold discussions on "Promotion of Legal Education and Research ". The committee will also hold meeting with representatives of Bharat Petroleum Corporation Limited (BPCL ...

PHL's hot money reverses to net inflows in May '16
MSN - 2016-06-17
Majority of these funds came from the United Kingdom, United States, Singapore, Luxembourg, and Switzerland. Last April, PSE-listed Security Bank Corporation (Security Bank) and Japanâ s largest financial institution Bank of Tokyo Mitsubishi UFJ ...

MPIC takes control of sewage firm for P1.8B
Manila Bulletin - 2016-06-17
In a disclosure to the Philippine Stock Exchange, MPIC said it has acquired the control over Eco-System Technologies International Inc., (ESTII) which has designed and built more than 500 high performing wastewater treatment and water recovery plants in ...

Govt urged to develop broadband infrastructure in rural areas
Manila Bulletin - 2016-06-17
To provide adequate connectivity, Globe Telecom is calling on the government to help develop broadband access in the country by investing in internet infrastructure in rural and far-flung areas. In a statement, Globe President & CEO Ernest Cu said that ...

Govt urged to develop broadband infrastructure in rural areas
Manila Bulletin - 2016-06-17
To provide adequate connectivity, Globe Telecom is calling on the government to help develop broadband access in the country by investing in internet infrastructure in rural and far-flung areas. In a statement, Globe President & CEO Ernest Cu said that ...

IC lauds sale of NLIC to 6762 Holdings Corp.
BusinessMirror. - 2016-06-17
The Insurance Commission (IC) on Thursday commended the smooth negotiations and completion of the sale of the National Life Insurance Company of the Philippines (NLIC) to 6762 Holdings Corp ... "This is the first successful rehabilitation of a life ...

Invest more, Thailand tells Indian Inc
Daily News and Analysis - 2016-06-17
"The government has identified so called next generation industries to enhance our competitiveness," he said. Stressing that the Thailand government is focusing on digital infrastructure as well, Kaewasang said his government plans to invest $12 billion in ...

Vivant to invest P3b more on power projects
Manila Bulletin - 2016-06-17
Vivant Corporation (Vivant), an energy firm controlled by the Garcia-Escano family of Cebu, is eyeing P3 billion in additional investments to finance further expansion of its power generation portfolio. In a statement following its Annual Stockholders ...

Vivant to invest P3b more on power projects
Manila Bulletin - 2016-06-17
Vivant Corporation (Vivant), an energy firm controlled by the Garcia-Escano family of Cebu, is eyeing P3 billion in additional investments to finance further expansion of its power generation portfolio. In a statement following its Annual Stockholders ...

IBM betting that Watson will be its next big growth driver: Mike Rhodin, Vice-president
Economic Times - 2016-06-17
IBM is betting that Watson will be the company's next big growth driver for the next few decades ... application management businesses and development labs. So, it's a very large corporation. Adifferent way of saying it would be, we're not so much staking ...

Iflix turns 1!
Manila Bulletin - 2016-06-17
June 2015 - iflix launches commercially in the Philippines, alongside telecommunications partners Philippines Long Distance Telephone Company (PLDT) and Smart Communications, Inc. November 2015 - Celebrities Ruffa, Richard, and Raymond Gutierrez ...

ASEAN, China to formulate environmental cooperation plan
news.pia.gov.ph - 2016-06-17
KUNMING, CHINA, June 17 -- The Seminar on Formulating ASEAN-China Environmental Cooperation Action Plan 2016-2020 was held on 14-15 June in Kunming, China. The seminar aims to operationalise the ASEAN-China Strategy on Environmental Cooperation (2016-2020 ...

DOE releases results of Euro 4 Fuel Eco Run
MSN - 2016-06-16
The car companies that joined the eco run include Pilipinas Taj Autogroup Inc. (Tata Motors), Eurobrands Distributor Inc. (Peugeot Philippines), Automobile Central Enterprise Inc. (Volkswagen), Asianbrands Motors Corp. (Mahindra), Berjaya Auto Philippines ...

Private equity players looking to invest in operational hotels
Economic Times - 2016-06-16
Large global and domestic funds like Blackstone Group ... in talks with large international funds to raise $120-150 million (Rs 800-1,000 crore) in the company. Blackstone's co-head Mathew Cyriac in an email response said, "As a matter of policy ...

Eco-run yields impressive results
Manila Standard Today - 2016-06-16
The car companies that received Fuel Economy Ratings include: Asianbrands Motors Corporation (Mahindra), Automobile Central Enterprise Inc. (Volkswagen), Bayan Automotive Industries Corporation (BAIC), Berjaya Auto Philippines (Mazda), British United ...

Eco-run yields impressive results
thestandard.com.ph - 2016-06-16
The car companies that received Fuel Economy Ratings include: Asianbrands Motors Corporation (Mahindra), Automobile Central Enterprise Inc. (Volkswagen), Bayan Automotive Industries Corporation (BAIC), Berjaya Auto Philippines (Mazda), British United ...

Interconnection signals new era in telco industry
BusinessMirror. - 2016-06-16
A new era in the Philippine telecommunications industry arrived, with rival carriers PLDT Inc. and Globe Telecom Inc. agreeing to interconnect their Internet networks to exchange data traffic more efficiently. While this is indeed a welcome development ...

Water supply woes till July for 120K south Metro homes
Philippine Daily Inquirer - 2016-06-16
Osite is among the thousands of residents coping with the on-and-off service from Maynilad Water Services Inc. Around 120,000 households in ... raw water processed for the southern part of Metro Manila showed high levels of manganese, but assured customers ...

China Bank accelerates diversification efforts
Inquirer - 2016-06-16
The stock brokerage will be named China Bank Securities Corp., the bank told the Philippine Stock Exchange. "As a wholly owned subsidiary ... China Bank Capital was mandated by housing developer 8990 Holdings Inc. to be the arranger and lead underwriter ...

PLDT, Globe agree to share Internet services
thestandard.com.ph - 2016-06-16
PLDT Inc. and Globe Telecom Inc. signed a memorandum of agreement, which will serve as a preamble to a formal peering agreement between the two parties. The agreement provides for the two companies to implement a bilateral domestic peering within 30 days.

PLDT, Globe set to clear highway for internet traffic
Inquirer - 2016-06-16
INDUSTRY giants PLDT Inc. and Globe Telecom sealed a long-awaited IP peering deal Monday with the aim of rapidly improving the quality of fixed-line and mobile internet services in the country. The IP peering deal, which was six years in the making, meant ...

MPTC eyes solar power for toll plazas
Inquirer - 2016-06-16
MPTC forms part of the Panglinan-led conglomerate Metro Pacific Investments Corp. It is the holding firm for Manila North Tollways Corp. (MNTC) and Cavitex Infrastructure Corp., which are engaged in developing, designing, constructing, financing ...

Maynilad Water begins construction of sewerage system in Valenzuela
news.pia.gov.ph - 2016-06-16
QUEZON CITY, June 17 (PIA) - Maynilad Water ... Metro Manila. Other projects covered by this loan are sewerage systems in Quezon City, Pasay and Muntinlupa. Maynilad President and CEO Ramoncito Fernandez said these projects are part of the company ...

Stock mart advances; Philex, Bloomberry up
thestandard.com.ph - 2016-06-16
DoubleDragon Properties Corp. advanced 4.3 percent to P58.50, while power retailer Manila Electric Co. added 2.8 percent to P323.80. Meanwhile, Asian markets sank Thursday after Federal Reserve boss Janet Yellen sounded a warning over a possible British ...