German insurer completes bancassurance venture with Philippine lender
BusinessMirror. - 2016-06-07
In a disclosure to the Philippine Stock Exchange on Tuesday, PNB said the sale of its subsidiary resulted in the creation of Allianz-PNB Life Insurance Inc. The joint venture in bancassurance will provide the German firm access to millions of PNB customers.

Globe, Smart launch 700-MHz cell sites simultaneously
BusinessMirror. - 2016-06-07
Globe Telecom Inc. Senior Vice President for Program Governance and Network Technical Group Joel Agustin said his company has set up its first site in the University of the Philippines Diliman in Quezon City. Smart Communications Inc. Chairman Manuel V.

Duterte must back Koop, not co-opt ways
BusinessMirror. - 2016-06-07
Colmenares and Carlos T. Zarate of Bayan Muna. For the 2016 budget, Texas Instruments allegedly gets P2.1 billion, with Hanjin Heavy Industries and Construction, Samsung and Phoenix Semiconductor Philippines Corp., sharing the balance, for a total subsidy ...

Marcventures leads PHL miners lower after Duterte issues warning
Business Mirror - 2016-06-07
MARCVENTURES Holdings Inc. and Global Ferronickel Holdings Inc. sank on concern Philippine miners in Mindanao will face closer scrutiny after President-elect Rodrigo R. Duterte warned companies, whose operations threaten the environment, to upgrade their ...

Better and more convenient lifestyle with Panasonic refrigerator
Manila Standard Today - 2016-06-07
Exclusively distributed by Panasonic Philippines, the Panasonic NR-F681GT Refrigerator is available in leading home appliance centers nationwide. For more information, log on to www.panasonic.com/ph or contact Refrigerator Business Division: Trunkline (02 ...

Better and more convenient lifestyle with Panasonic refrigerator
thestandard.com.ph - 2016-06-07
Exclusively distributed by Panasonic Philippines, the Panasonic NR-F681GT Refrigerator is available in leading home appliance centers nationwide. For more information, log on to www.panasonic.com/ph or contact Refrigerator Business Division: Trunkline (02 ...

Globe, PLDT activate 1st 700 MHz cell sites
Rappler - 2016-06-07
MANILA, Philippines - The country's two telecommunication giants - Globe Telecom, Incorporated and Philippine Long Distance Telephone Company (PLDT) - activated their first cell sites using the 700 megahertz (MHz) spectrum they recently acquired from ...

PNP bares gains in gun ban
news.pia.gov.ph - 2016-06-07
Meanwhile, investigation on the Pryce Plaza ambush incident involving Marawi City Mayor Fahad Salic and his driver Cairoden Gunting resulted in the identification of suspects and filing of criminal charges against Edris Salindawan a.k.a "Abu Hanif," Aleem ...

Philex supports anti-illegal miners drive
Manila Bulletin - 2016-06-07
Philex Mining Corporation, one of the oldest and largest mining companies in the Philippines, expressed full support for planned drive of President-elect Rodrigo Roa Duterte against illegal and irresponsible mining in the country. In a statement ...

Philex supports anti-illegal miners drive
Manila Bulletin - 2016-06-07
Philex Mining Corporation, one of the oldest and largest mining companies in the Philippines, expressed full support for planned drive of President-elect Rodrigo Roa Duterte against illegal and irresponsible mining in the country. In a statement ...

Meralco: P0.13.KwH shaved off June rate
interaksyon.com - 2016-06-07
Less power outages were experienced in the past moth, which tended to bring down electricity pricing in the Wholesale Electricity Spot Market (WESM). According to Joe Zaldarriaga, Meralco's spokesman, electricity rates customarily go down with the onset of ...

Power rates lower in June - Meralco
Manila Bulletin - 2016-06-07
Manila Electric Company (Meralco) said electricity bills will be lower in June on downward movement in the generation charge. In a statement, the Meralco said that the residential rate for a typical household using 200 kilowatt-hours will go down this ...

PAL, DOT, KIA, TVA pledge support for Manila-Taipei-Osaka service
Inquirer Lifestyle - 2016-06-07
Philippine Airlines (PAL), the Department of Tourism-West Japan (DOT), the Kansai International Airport Authority (KIA) and the Taiwan Visitors Association (TVA) vowed to work together to ensure the success of the Manila-Taipei-Osaka service slated to ...

As defenders of Scarborough Shoal, Nolcom gets replica of 1734 Murillo Map
MSN - 2016-06-07
The replica was turned over by Mel Velarde to NoLCom commander Lt. Gen. Romeo Tanalgo at Camp Aquino in Tarlac City. Tanalgo also received donated copies of the map to be distributed to Nolcom field units. In his message, Velarde stressed the significance ...

Marcventures leads PHL miners lower after Duterte issues warning
BusinessMirror. - 2016-06-07
MARCVENTURES Holdings Inc. and Global Ferronickel Holdings Inc. sank on concern Philippine miners in Mindanao will face closer scrutiny after President-elect Rodrigo R. Duterte warned companies, whose operations threaten the environment, to upgrade their ...

The 7 richest school owners in the Philippines
entrepreneur.com.ph - 2016-06-07
The richest man in the Philippines only had one educational institution for the longest time, after the company put up Asia Pacific College (APC) with IBM in 1991 to offer computer engineering ... the oldest university in the Bicol region.

Old map shows Panatag in PH territory
Tempo - 2016-06-07
The Armed Forces of the Philippines Northern Luzon Command yesterday received a replica of a ... and chief executive officer of Now Corp. and chairman of the board, Asian Institute of Journalism and Communication. Originally known as "Carta Hydrographica ...

Stock index approaches 7,600, highest in 10 months
thestandard.com.ph - 2016-06-06
Marcventures Holdings Inc. and Global Ferronickel Holdings Inc. sank on concern Philippine miners in Mindanao will face closer scrutiny after President-elect Rodrigo Duterte warned companies whose operations threaten the environment to upgrade their ...

Pangilinan-SobrepeƱa tie-up to fix MRT looms
BusinessMirror. - 2016-06-06
Thus said officials of infrastructure conglomerate Metro Pacific Investments Corp. (MPIC), which has a pending proposal before the transport department to fix, rehabilitate and modernize the Metro Rail Transit Line 3 (MRT 3). MPIC Chairman Manuel V.

As defenders of Scarborough Shoal, Nolcom gets replica of 1734 Murillo Map
MSN - 2016-06-06
A businessman on Monday donated a framed replica of the 1734 Murillo Map that showed Scarborough Shoal as part of the Philippine archipelago to the orthern Luzon Command (Nolcom) of the Armed Forces of the Philippines (AFP). The replica was turned over by ...

Miners back Duterte against illegal, irresponsible mining
BusinessMirror. - 2016-06-06
In 2012 it has ordered Philex Mining Corp. to stop operation, after a massive tailings pond leak that contaminated nearby water bodies. The DENR, upon the recommendation of the MGB, eventually slapped Philex with over P1 billion in fine a year after.

Phoenix Semicon upgrades capacity of factory in Clark
BusinessMirror. - 2016-06-06
SOUTH Korean firm Phoenix Semiconductor Philippines Corp. said it has increased the capacity of its factory in Clarkfield in Pampanga after it secured the contract renewal of tech titan Samsung Electronics Ltd. The company said it added a new line of ...

PSEi hits near 10-month high near 7,600-mark
interaksyon.com - 2016-06-06
The Philippine Stock Exchange index (PSEi) surged 84 points ... equity research analyst at Unicapital Securities Inc. A nonfarm payroll indicated that the US created 38,000 jobs in May. At home, all counters ended higher led by property sub-index which ...

Marcventures leads PHL miners lower after Duterte issues warning
BusinessMirror. - 2016-06-06
MARCVENTURES Holdings Inc. and Global Ferronickel Holdings Inc. sank on concern Philippine miners in Mindanao will face closer scrutiny after President-elect Rodrigo R. Duterte warned companies, whose operations threaten the environment, to upgrade their ...

As defenders of Scarborough Shoal, Nolcom gets replica of 1734 Murillo Map
MSN - 2016-06-06
A businessman on Monday donated a framed replica of the 1734 Murillo Map that showed Scarborough Shoal as part of the Philippine archipelago to the orthern Luzon Command (Nolcom) of the Armed Forces of the Philippines (AFP). The replica was turned over by ...

Ayala, Aboitiz to develop financial district in Cebu
Inquirer - 2016-06-06
In a press briefing here, Ayala Land Inc. (ALI) president Bernard Vincent Dy and AboitizLand president Andoni Aboitiz unveiled the master plan for the mixed-use estate, called Gatewalk Central, which would feature office buildings, a range of residential ...

Stocks up on weak US jobs data
Inquirer - 2016-06-06
This was followed by Ayala Corp., up 1.18 percent to P855; Philippine Long Distance Telephone Co., up 1.01 percent to P2,000; Ayala Land Inc., up 3.84 percent to P37.90, and BDO Unibank Inc., up 1.63 percent to P105.70 a share. Miguel R. Camus

The problem with the SMC telco deal
Inquirer - 2016-06-06
Duterte did not even wait until June 30 to issue a warning to publicly listed Philippine Long Distance & Telephone Company (PLDT) and Globe Telecom, the two biggest companies controlling the industry, to improve the speed of internet service in the ...

$1.7-B power facilities in Visayas, Luzon readied
Inquirer - 2016-06-06
The biggest one (the 670-MW coal-fired power plant) is underpinned by a 600-MW contract from Meralco," MPIC CFO David J. Nicol said. Panay Energy and Global Luzon Energy recently signed separate power supply deals with Meralco. Nicol said the other major ...

PSPC leaps into production of next-gen memory chips
Manila Bulletin - 2016-06-06
Phoenix Semiconductor Philippines Corp (PSPC) has put into high gear its manufacturing system for the production of the next-generation DDR4 platform of dynamic random access modules (DRAM) and flip-chip memory devices. Fresh from the renewal of its ...

Oil firms to adjust gasoline, diesel prices on Tuesday
Manila Bulletin - 2016-06-06
In separate advisories, Petron Corp., Pilipinas Shell Petroleum Corp., Phoenix Petroleum Philippines, Seaoil Philippines Inc., and PTT Philippines said they would cut gasoline prices by 15 centavos per liter. However, the firms announced that they would ...

A playground inspired by a game show
BusinessMirror. - 2016-06-06
Alviera, an Ayala Land development in partnership with Leonio Land, is envisioned to become a regional growth center of Central Luzon. The master-planned estate will include residential communities, commercial establishments, academic institutions and offices.

PLDT, Smart set 700 MHz roll out
interaksyon.com - 2016-06-06
MANILA -- After a blockbuster deal of its parent firm PLDT co-acquiring with Globe Telecom the telco assets of San Miguel Corp., Smart Communications said it will start using this year the 700 megahertz frequency to improve its Internet services.

Oil firms to adjust gasoline, diesel prices on Tuesday
interaksyon.com - 2016-06-06
In separate advisories, Petron Corp., Pilipinas Shell Petroleum Corp., Phoenix Petroleum Philippines, Seaoil Philippines Inc. and PTT Philippines said they would cut gasoline prices by P0.15 per liter. However, the firms announced that they would increase ...

Enrile thanks Filipinos for allowing him to serve them, says he will just fade away
MSN - 2016-06-06
Outgoing Senate Minority Leader Juan Ponce Enrile on Monday thanked the Filipino people for giving him the opportunity to serve them. In his speech marking his last day in the Senate, Enrile said that as an old politician, he will just fade away. "I ...

The wRap
Rappler - 2016-06-06
PLDT gained access to this and other additional frequencies in a deal involving rival Globe Telecom and San Miguel Corporation (SMC) that was announced last week. The deal was seen by many analysts as closing the door on a potential 3rd telecom player for ...

The wRap
Rappler - 2016-06-06
PLDT gained access to this and other additional frequencies in a deal involving rival Globe Telecom and San Miguel Corporation (SMC) that was announced last week. The deal was seen by many analysts as closing the door on a potential 3rd telecom player for ...

Ecozones may spur Congress action on Cha-cha
thestandard.com.ph - 2016-06-06
He said the creation of a federal government would decongest Metro Manila and finally stem the unbridled migration of fresh college ... and fisheries, and local peace and order, among others, with minimal or no interference from the national government.

Ecozones may spur Congress action on Cha-cha
thestandard.com.ph - 2016-06-06
He said the creation of a federal government would decongest Metro Manila and finally stem the unbridled migration of fresh college ... and fisheries, and local peace and order, among others, with minimal or no interference from the national government.

Investors lose P80B to scams in 20 years - SEC
MSN - 2016-06-05
LEGAZPI CITY - The Securities and Exchange Commission has declared war on companies engaged in fraudulent investment schemes and victimizing thousands of people by promising fast and high-yielding return on investment schemes. At least some P80 billion of ...

A first: PPO to perform at Carnegie Hall on June 18
Inquirer Lifestyle - 2016-06-05
IN WHAT has been described as the first time a Manila-based Filipino orchestra ... is now taking up postgraduate studies at Yale University. Proceeds from the concert will go to a housing project of the Philippines Disaster Resilience Foundation in ...

Smart to use 700 MHz band to boost LTE network
Rappler - 2016-06-05
MANILA, Philippines - The Philippine Long Distance Telephone Company (PLDT) revealed its plans to use its recently acquired portion of the 700 MHz band to boost its high-speed Long Term Evolution (LTE) data network. PLDT's subsidiary Smart Communications ...

Panasonic 3D maps the "Sky Series" air condition technologies
Manila Bulletin - 2016-06-05
In this another innovative form of advertising powered by Panasonic Philippines, it is the first time that a static billboard will be used as canvass for video mapping, which will also serve as the highlight of the event. Last year, the concept was to ...

SM Prime to sell P10-b bonds
thestandard.com.ph - 2016-06-05
and Iloilo. It is also constructing four new hotels, including the 347-room Conrad Manila at Mall of Asia complex in Pasay City, the 200-room SM Hotels in SM North Edsa and another 250-room SM Hotels in Mall of Asia. It is building another 200-room ...

Market expected to move sideways
thestandard.com.ph - 2016-06-05
Heavy losers were Liberty Telecoms Holdings Inc. which dropped 29.3 percent to P3.18 and Xurpas Inc. which lost 6.7 percent to P16.40.

Villar readying IPO plans for retail arm
BusinessMirror. - 2016-06-05
Villar, who is also chairman of property developer Vista Land & Lifescapes Inc., said All Value may list during the next two years to three years, or when the company is able to hit its critical mass as it expands where the Villar family has a property.

Meralco to re-forecast energy sales growth
Manila Bulletin - 2016-06-05
Power utility giant Manila Electric Company (Meralco) will re-adjust forecast on its energy sales growth for the year given the changing weather patterns and the emergence of "new drivers" on possible expansion of energy consumption. The re-forecasting ...

PTT eyes 300 stations in RP
The Daily Tribune - 2016-06-05
THAILAND -- PTT Public Company Ltd. has reassured its commitment to the Philippines of its continued operations, signifying its intention to bring to 300 its present 96 stations in the country in the next five years. The biggest listed company in Thailand ...

ABS-CBN programs viewed widely on TV and online
thestandard.com.ph - 2016-06-05
ABS-CBN Corporation continued to register huge viewership on both television and online for the month of May, with a 44 percent audience share compared to GMA Network, Inc. with only 32 percent, while garnering almost 20 million page views on iWant TV.

New at the conrad
Philstar - 2016-06-05
It just seemed so natural," he tells STARweek. Under the tutelage of his Philippine High School for the Arts thesis adviser Roberto Feleo, the eager student kept his on-going drive alive - he simply believed in one life-changing value: excellence in ...