Ayala firms up P10-B bond issue
Manila Bulletin - 2016-06-09
Ayala Corporation has firmed up plans to raise R10 billion from the issuance of fixed rate bonds which have been assigned the highest issue credit rating of PRS Aaa, with a Stable Outlook, by the Philippine Rating Services Corporation (PhilRatings).

Globe signs deal with DOTC to provide free Wi-Fi at MRT
MSN - 2016-06-09
Should we be thankful? But, truth be told, we don't know whether to rejoice or simply laugh over this.On Thu, Jun 9, Globe Telecom announced that it signed a memorandum of understanding with the Department of Transportation and Communications (DOTC ...

Globe to provide free Wi-Fi in MRT-3 stations
Manila Bulletin - 2016-06-09
Globe Telecom said it will provide free Wi-Fi services in all MRT Line 3 stations, benefiting about 350,000 commuters, as it expands network capacities in major areas where there is commuter traffic. In a statement the Globe said it secured the support of ...

PSEi slips on profit-taking after index reaches one-year high
interaksyon.com - 2016-06-09
The Philippine Stock Exchange index (PSEi) plunged 186.14 points ... chief equity analyst at DA Market Securities Inc. Alicer noted that foreign buying was at the highs for the year, "so continued momentum would be another positive indicator."

Meet Lav and Vio of 'Hay, Bahay!' | GMANetwork.com - Entertainment - Home of Kapuso shows and stars - Videos
GMA Network - 2016-06-09
Philippine Comedy Queen Aiai Delas Alas reunites with Bossing Vic Sotto in a hilarious sitcom that everybody will surely love. Catch 'Hay,Bahay!' starting June 19. View career opportunities in GMA Network, Inc.

Loving hearts of lovely Kapuso ladies
thestandard.com.ph - 2016-06-09
The lovely GMA Artist Center stars Kris Bernal ... Lifestyle is a Filipino cable television network owned and operated by Creative Programs,Inc., a subsidiary of the media and entertainment company ABS-CBN Corporation. Lifestyle is available on SKYcable ...

Universal Robina recalls tea, energy drinks in Vietnam
Manila Bulletin - 2016-06-09
Universal Robina Corp, a unit of Philippine conglomerate JG Summit Holdings Inc, said on Thursday it recalled "several" thousand boxes of its C2 tea drink and Rong Do energy drink in Vietnam due to "excessive lead content". An audit by Vietnamese ...

Universal Robina recalls tea, energy drinks in Vietnam
Manila Bulletin - 2016-06-09
Universal Robina Corp, a unit of Philippine conglomerate JG Summit Holdings Inc, said on Thursday it recalled "several" thousand boxes of its C2 tea drink and Rong Do energy drink in Vietnam due to "excessive lead content". An audit by Vietnamese ...

Bo's Coffee founder recognized as global difference maker
Rappler - 2016-06-09
Benitez joins a select group of globally-selected, Philippine-based Endeavor entrepreneurs that include Xurpas founder and president Nix Nolledo and PSG Global Solutions founders Brian Cotter and Vivek Padmanabhan. "As a high-impact entrepreneur ...

Eastern Samar residents protest nickel hauling in Manicani Island
Rappler - 2016-06-09
Residents of Manicani Island, joined by the Alyansa Tigil Mina and other support groups, held a protest rally on Wednesday, June 8, urging the government to keep the Hinatuan Mining Corporation (HMC) - a subsidiary of Nickel Asia - to stop hauling ...

BACKGROUNDS, INTERESTS, LINKS | Get to know more about Duterte gov't's men and women
interaksyon.com - 2016-06-09
The first was in July 1973 when she was captured in Panay ... executive vice president, and treasurer of Anglo Philippine Holdings Corp.; and treasurer of United Paragon Mining Corp. Adrian is the grandson of National Bookstore founder Socorro Ramos.

DOLE - OSHC awards Misamis Oriental depot as GKK region 10 winner
news.pia.gov.ph - 2016-06-09
CAGAYAN DE ORO CITY, June 8 - The Petron Tagoloan Depot in Tagoloan Misamis Oriental emerged the lone winner of the Regional Gawad Kaligtasan at Kalusugan (GKK) in region 10, a national award given by the Department of Labor and Employment (DOLE ...

Davao rich bankrolled Rody
Philippine Daily Inquirer - 2016-06-09
Duterte reported that he spent P200,000 of his own money on his campaign. Among his other top contributors were Dennis Uy of Davao-based Phoenix Petroleum (P30 million); Samuel Uy of Davao farms and Davao Import Distributors Inc. (P30 million); Lorenzo ...

SMIC to merge retail units
thestandard.com.ph - 2016-06-08
Sports Station and several other specialty stores. SM Retail is one of the leading retail companies in the Philippines, along with Robinsons Retail Holdings Inc. of the Gokongwei group and Puregold Price Club Inc of businessman Lucio Co. This is the second ...

MVP tweets PLDT-Smart 700 megahertz roll-out
interaksyon.com - 2016-06-08
Ayala-led Globe Telecom has likewise fired up its first 700MHz base station at its cell site near UP Diliman, Quezon City. "The intention is that the first batch of the 200 sites we plan to roll out will be in areas where connectivity matters most to our ...

Market sustains rally
Inquirer - 2016-06-08
This was followed by JG Summit Holdings, up 1.06 percent to P85.90; SM Prime Holdings, up 1.38 percent to P25.80; Ayala Land Inc., down 2.31 percent to P38.05, and Metro Pacfiic Investments Corp., up 2.97 percent to P6.59 per share. Miguel R. Camus

Megaworld putting up 30-story tower in Makati
Inquirer - 2016-06-08
Megaworld Corp. is expanding its residential footprint in the Makati City central business district. The builder, led by tycoon Andrew Tan, is putting up a 30-story tower called The Ellis, according to a company statement. It is located along L.P ...

Market extends rally to fourth day
thestandard.com.ph - 2016-06-08
Advancers led gainers, 90 to 86, while 64 issues were unchanged. Fourteen of the 20 most active stocks ended in the green, led by DoubleDragon Properties Corp., which climbed 7.7 percent to P64.50. PLDT Inc. rose 4.9 percent to P2,140, while Manila Water ...

PLDT, Globe mulling over purchase of shares from Liberty minority owners
BusinessMirror. - 2016-06-08
Stock-exchange files show that PLDT Inc. and Globe Telecom Inc. are interested in launching a voluntary tender offer to the 12.82-percent minority in Liberty, whose parent, Vega Telecom Inc., was recently acquired by the telco giants. "We are currently ...

Megaworld expects to sell P3 billion from new Makati condo project
BusinessMirror. - 2016-06-08
PROPERTY developer Megaworld Corp. said it is expecting to sell P3 billion worth of units from its 30-story condominium project located in the central business district (CBD) of Makati. The project, called The Ellis, is located in Salcedo Village and will ...

Megaworld sees P3-B sales from Makati condo
Manila Bulletin - 2016-06-08
Top township developer Megaworld Corporation is expecting to generate P3 billion in sales from a new residential condominium tower it is building within the Makati Central Business District. To be called The Ellis, the 30-story tower along L.P. Leviste ...

58th SM mall offers 84,000 sqm space for shopping, dining, entertainment experience
Manila Bulletin - 2016-06-08
SM Prime Holdings President Hans T. Sy (rightmost) welcomes, from left: Cellprime CEO Eric Yu, Food Link CEO Rikki Dee, and Globe CEO Ernest Cu during the blessing of the new mall. Cavite Governor Jonvic Remulla (3rd from left) and Trece Martires Mayor ...

Megaworld sees P3-B sales from Makati condo
Manila Bulletin - 2016-06-08
Top township developer Megaworld Corporation is expecting to generate P3 billion in sales from a new residential condominium tower it is building within the Makati Central Business District. To be called The Ellis, the 30-story tower along L.P. Leviste ...

Look where the money is flowing
BusinessMirror. - 2016-06-08
When it broke above long-term resistance at P60, that was the buying signal. DoubleDragon properties did that in 2015, from P25 to P40 and then again up to P60. On the sell side, D&L could not break above P11.50 and went down to P7.50 late in 2015.

Duterte spent over P371M for successful campaign; Binay poured P463M
Philippine Daily Inquirer - 2016-06-08
Miriam Defensor-Santiago was the most frugal, spending only P74.6 million. Documents submitted to the Comelec also showed that former Davao del Norte Rep. Antonio Floirendo Jr., son of the late banana magnate Antonio Floirendo Sr., made the biggest ...

Metro traffic woes to ease in 2-3 years
Inquirer - 2016-06-08
Villar, whose family owns listed property giant Vista Land and Lifescapes Inc., said they were crafting a "comprehensive" plan together with the Department of Transportation and Communications. Villar takes the helm of a department credited with ...

Globe wish list for Duterte: Submarine cables, less red tape
Rappler - 2016-06-08
MANILA, Philippines - The chief of Globe Telecom, Incorporated revealed his two-point wish list for the administration of President-elect Rodrigo Duterte: Set up submarine cables in far-flung areas then rent these out to telcos, and lessen bureaucratic ...

Debt relief schemes for credit cardholders in place
Manila Bulletin - 2016-06-08
CCAP presently includes as members Asia United Bank, Bank of Commerce, Bank of the Philippine Islands, Citibank, China Banking Corp., Eastwest Banking Corp., Equicom Savings Bank, HSBC, Maybank, Metrobank Card Corp., Philippine National Bank, RCBC Bankard ...

Japanese banks lose $16M through fake ATM cards
Philippine Daily Inquirer - 2016-06-08
Seven Bank, which operates ATMs in the 7-Eleven convenience store chain, halved its withdrawal limit to 50,000 yen from 100,000 yen for customers using non-Japanese cards. E-net, a joint-banking service whose members include national and regional banks ...

Sen. Miriam Santiago now back home after hospital stay
MSN - 2016-06-08
Sen. Miriam Defensor Santiago has been discharged from the hospital on Tuesday afternoon, a News To Go report said on Wednesday. Santiago was confined at the Makati Medical Center since May 30 for pneumonia due to complications of lung cancer. She was ...

Lawmaker backs Duterte vs destructive mining
MSN - 2016-06-08
Hicap said Sumitomo Metal Mining Co.-Taganito Mining Corp., Cagdianao Mining Corp. and Hinatuan Mining Corp., all subsidiaries of Nickel Asia Corp., Nonoc Nickel Project operate in Nonoc island in Surigao del Norte and Marcventures Mining and Development ...

How much does it cost to go federal?
Manila Bulletin - 2016-06-08
The federal government is responsible for foreign affairs, fiscal policy, immigration, debt management, social security, national defense ... But their taxable capacity even as a group falls below the expenditure threshold. The financing of a federal ...

Philippine Airlines responds to Karlie Kloss' complaint
Rappler - 2016-06-07
MANILA, Philippines - After top model Karlie Kloss slammed Philippine Airlines (PAL) on social media, the airline issued a statement Wednesday, June 8, and said that Karlie missed her flight because she came late to the check-in counter at JFK ...

14 senators sign report recommending AMLA amendments
MSN - 2016-06-07
The Blue Ribbon panel noted how it encountered problems in an inquiry into a multimillion-dollar heist when the Rizal Commercial Banking Corp. (RCBC) invoked provisions of the bank secrecy law to get around questions regarding transactions of the bank.

Bloomberry upbeat on gaming
thestandard.com.ph - 2016-06-07
Bloomberry Resorts Corp., the developer of Solaire Resort and Casino, said it remains upbeat about the domestic gaming industry despite the planned opening of the Okada-owned casino and entertainment complex within government-sponsored Pagcor Entertainment ...

Bloomberry may start construction of Quezon City hotel, casino in 2017
BusinessMirror. - 2016-06-07
BLOOMBERRY Resorts Corp., the operator of Solaire Resorts and Casino, may put up a casino and hotel in its Quezon City property, which will commence construction by the middle of next year, billionaire Enrique Razon Jr. said. Razon, Bloomberry chairman ...

Bloomberry may start construction of Quezon City hotel, casino in 2017
BusinessMirror. - 2016-06-07
BLOOMBERRY Resorts Corp., the operator of Solaire Resorts and Casino, may put up a casino and hotel in its Quezon City property, which will commence construction by the middle of next year, billionaire Enrique Razon Jr. said. Razon, Bloomberry chairman ...

Bloomberry may start construction of Quezon City hotel, casino in 2017
BusinessMirror. - 2016-06-07
BLOOMBERRY Resorts Corp., the operator of Solaire Resorts and Casino, may put up a casino and hotel in its Quezon City property, which will commence construction by the middle of next year, billionaire Enrique Razon Jr. said. Razon, Bloomberry chairman ...

Supermodel Karlie Kloss slams PAL after missing flight
MSN - 2016-06-07
Supermodel Karlie Kloss lost her temper over an incident with Philippine Airlines (PAL) on Monday. The 23-year-old didn't divulge much information on the incident, but it warranted a public complaint in Twitter which quickly went viral. "[Philippine ...

Bloomberry looking to bet on Cyprus
Inquirer - 2016-06-07
Integrated gaming resort operator Bloomberry Resorts Corp. is looking to bid for the exclusive gaming license offered by the island-country of Cyprus while preparing to develop new projects in Quezon City and South Korea. Bloomberry is one of those ...

Bloomberry upbeat on gaming
thestandard.com.ph - 2016-06-07
Bloomberry Resorts Corp., the developer of Solaire Resort and Casino, said it remains upbeat about the domestic gaming industry despite the planned opening of the Okada-owned casino and entertainment complex within government-sponsored Pagcor Entertainment ...

Top model Karlie Kloss blasts Philippine Airlines: 'Worst customer service of all time'
Rappler - 2016-06-07
MANILA, Philippines - Top model Karlie Kloss slammed Philippine Airlines (PAL) on Tuesday, June 7, calling them out on what she called the "worst customer service of all time" after she missed her flight. On Snapchat, Karlie documented her experience at ...

Biz Buzz: Keeping the faith
Inquirer - 2016-06-07
The money laundering case involving the Jupiter branch of Rizal Commercial Banking Corp. has somehow affected the bancassurance business of the Yuchengco family and global insurance giant Sun Life of Canada. But things are now on the mend, says Sun Life of ...

Alveo unveils mixed-use project in Salcedo Village
Inquirer - 2016-06-07
A UNIT of property giant Ayala Land Inc. unveiled on Tuesday a new mixed-use, multi-tower project along Valero St. in Salcedo Village, Makati, creating at least P5 billion in new residential property inventory to harness rising affluence among urban dwellers.

PLDT, Globe start rollout of high-speed internet infra
Inquirer - 2016-06-07
Telco giants Philippine Long Distance Telephone Co. and Globe Telecom announced initial rollout plans for the high-speed mobile internet infrastructure across their networks. PLDT spokesman Ramon Isberto said 360 cell sites in Manila, Cebu and Davao would ...

SSS opens larger Biñan branch
news.pia.gov.ph - 2016-06-07
QUEZON CITY, June 8 - The Social Security System (SSS) formally opened on May 23 its new Biñan branch, which was relocated from its previous site in Olivarez Plaza to a larger location in Central Mall Biñan to provide better services to about 10,000 ...

More sites for Beep card reloading
Philippine Daily Inquirer - 2016-06-07
AF Payments--which is led by Metro Pacific Investments Corp. and Ayala Corp.--operates the Beep card fare payment system. Miguel R. Camus

Ayala, MetroPac expand rail payment network
thestandard.com.ph - 2016-06-07
AF Payments Inc., a consortium of Ayala Corp. and Metro Pacific Investments Corp., has expanded its loading network through a partnership with Bayad Center. Under the partnership between the two companies, beep cardholders may load at select Bayad Center ...

Market advances as index tops 7,700
thestandard.com.ph - 2016-06-07
Gainers beat losers, 126 to 81, with 39 issues unchanged. Aboitiz Power Corp. advanced 6.3 percent to P48.90, while Metro Pacific Investments Corp. climbed 4.4 percent to P6.40. Ayala land Inc. gained 2.8 percent to P38.95, while Jollibee Foods Corp., the ...

Alveo Land expects to sell P5-billion residences UNITS of The Gentry
BusinessMirror. - 2016-06-07
ALVEO Land Corp., the upper middle-income unit of Ayala Land Inc., on Tuesday said it expects to sell at least P5 billion from the residential units of probably its last mixed-use development to rise in the Makati Central Business District. Jennylle Tupaz ...