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 ...

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-Sobrepeña 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 ...