BOI-approved investments up 64% in first 4 months of 2016
news.pia.gov.ph - 2016-05-29
MAKATI CITY, May 30 -- Buoyed up by the remarkable investments approved in April 2016, investments approved by the Philippine Board of Investments ... in April include GMR Megawide Cebu Airport Corporation (with P16.75 Billion), a PPP project for the ...

Emirates launches flights between Cebu and Dubai
Inquirer - 2016-05-29
For the first time, Emirate Airlines will embark on a daily two-stop, circular service in the Philippines, briefly stopping over at Clark from Cebu before continuing to Dubai, a gateway to the Middle East and capital of the United Arab Emirates (UAE).

PAL to seek Duterte help in settling row with Kuwait
Inquirer - 2016-05-29
FLAG carrier Philippine Airlines will seek the assistance of the incoming Duterte administration to help settle an air row with Kuwait. PAL president Jaime Bautista said the issue had to do with fifth freedom rights PAL had sought to use between Dubai ...

Biz Buzz: The next BIR chief
Inquirer - 2016-05-29
From San Miguel Brewery, to San Miguel Pure Foods, to San Miguel Packaging, to San Miguel Global Power, to infrastructure investments firm San Miguel Holdings and even the previously struggling Ginebra San Miguel all brought in the big bucks during the ...

Duterte faces arbitration claims
thestandard.com.ph - 2016-05-29
The administration of president-elect Rodrigo Duterte will inherit over P12 billion in compensation claims from conglomerate Metro Pacific Investments Corp. after the previous government failed to honor existing contracts. The infrastructure unit of ...

Union Bank rules out more physical bank units
BusinessMirror. - 2016-05-29
Union Bank of the Philippines (UnionBank) vowed to ramp up its digital banking presence, as it projects a dwindling number of physical bank branches over the medium term. According to UnionBank President and CEO Edwin R. Bautista, data show the number of ...

Pangilinan-led MPIC to Duterte admin: Let's start with a clean slate
Rappler - 2016-05-29
MANILA, Philippines - The chairman of infrastructure conglomerate Metro Pacific Investments Corporation (MPIC) has a message to President-elect Rodrigo Duterte: Let us put an end to arbitration cases and start with a clean slate. MPIC had filed separate ...

Camarines solon eyes coalition to change govt to federalism
BusinessMirror. - 2016-05-29
Earlier, returning Davao del Norte Rep. Pantaleon D. Alvarez, who is being eyed as speaker of the House of Representatives in the Duterte administration, said his leadership will prioritize this Cha-cha. President-elect Rodrigo R. Duterte said he is ...

Panasonic likely to achieve over 30% sales growth in 2016
BusinessMirror. - 2016-05-29
JAPANESE electronic technologies and solutions provider Panasonic is bullish on meeting its 2016 sales-growth target in the Philippines, mainly due to improved consumer products performance and unique advertising and marketing initiatives. "Last year our ...

Poor families benefit from DSWD, business sector partnership
news.pia.gov.ph - 2016-05-29
QUEZON CITY, May 30 -- The Department of Social Welfare and Development (DSWD) through its Sustainable Livelihood Program (SLP) has partnered with Holcim Philippines, Inc., a leading cement company in the country, to provide livelihood opportunities to ...

Clocking In: New Jobs In and Around Holliston-Hopkinton
Patch - 2016-05-29
A unique opportunity to...15 hours ago from Sun Life Financial NEWOlympus Surgical Technologies of America(osta) - Southborough, MASouthborough, MA - The Product Manager, Upstream Marketing - Urology will identify and develop new business and product ...

Market likely to drop on valuation concerns
thestandard.com.ph - 2016-05-29
The United Kingdom will have a referendum next month on whether it will stay in the European Union. BDO Unibank Inc. chief investment strategist Jonathan Ravelas said while the market still had room to try the 7,500 to 7,625 levels in the near-term ...

5 failed, shelved PPP projects under Aquino admin
Rappler - 2016-05-29
Aboitiz Equity Ventures, Incorporated; Philippine Skylanders, Incorporated; and Tokyo-based Sojitz Corporation. "Further, in a few years, air passengers will experience Ninoy Aquino International Airport-type congestion in Iloilo, Bacolod, Bohol ...

Consumer stocks still enjoying post-election euphoria
Manila Bulletin - 2016-05-29
Robinsons Retail Holding, Inc. (RRHI) was also highlighted, rising by 3.6 percent this month as it posted a 21.9 percent growth in earnings year on year to P4.3 billion in 2015. Moving forward, FMIC believes that the capital market will continue to benefit ...

Consumer stocks still enjoying post-election euphoria
Manila Bulletin - 2016-05-29
Robinsons Retail Holding, Inc. (RRHI) was also highlighted, rising by 3.6 percent this month as it posted a 21.9 percent growth in earnings year on year to P4.3 billion in 2015. Moving forward, FMIC believes that the capital market will continue to benefit ...

Wipe every tear from every Filipino
Manila Standard Today - 2016-05-29
Ayala, founder and CEO of Hybrid Social Solutions, Inc.; Anna Maria M. Gonzales, Sustainability Manager, Ayala Land Inc.; and Ritzi V. Ronquillo, head, Communication and Corporate Affairs of Holcim Philippines Enderun Colleges president Edgardo Rodriguez ...

Superhero Inc: Smithsonian Institute has a course on their impact on pop culture
Daily News and Analysis - 2016-05-29
In addition, students also learn how globalisation and the diversity of next generation superheroes impacts storytelling. Students learn that superheroes have been part of culture for almost as long as civilisation itself, says course professor Michael Uslan.

Philippine harvest at Central Square
Inquirer Lifestyle - 2016-05-29
The Philippines boasts of having one of the most diverse array of agricultural selection - having a myriad of strains from rice, crops, beans and fruits harvested from the different provinces and regions of the country. To celebrate and promote the ...

Pangilinan to Senate: After early proclamation, pass coco levy trust fund bill
interaksyon.com - 2016-05-29
as well as the 5,500,000 San Miguel Corporation shares registered in the name of the Presidential Commission on Good Government (PCGG)." EO180 ordered the "immediate transfer and reconveyance of the coconut levy assets to the government and use them ...

Ayala to issue P10 B bonds on July 1
MSN - 2016-05-28
PHL economy grows 7% in Q2, fastest in over 2 yrs.

Alsons power advances 3 major projects in Mindanao
Manila Bulletin - 2016-05-28
The power unit of the Alsons Consolidated Resources, Inc. will already advance to construction phases the three major power projects it is pursuing for the Mindanao grid. These will be the Section 2 of the Sarangani coal-fired power facility at 105MW ...

Alsons power advances 3 major projects in Mindanao
Manila Bulletin - 2016-05-28
The power unit of the Alsons Consolidated Resources, Inc. will already advance to construction phases the three major power projects it is pursuing for the Mindanao grid. These will be the Section 2 of the Sarangani coal-fired power facility at 105MW ...

Manila gets water treatment reactor
thestandard.com.ph - 2016-05-28
employed in the Paco Estero plant was donated as a grant to Manila City Hall by technology provider Eco-System Technology Inc. The technology may be replicated to treat many polluted river and water systems in the country, the company said in a statement.

Manila gets water treatment reactor
thestandard.com.ph - 2016-05-28
employed in the Paco Estero plant was donated as a grant to Manila City Hall by technology provider Eco-System Technology Inc. The technology may be replicated to treat many polluted river and water systems in the country, the company said in a statement.

Pepsi to pay P243.8-million annual cash dividend
Manila Bulletin - 2016-05-28
Pepsi-Cola Products Philippines, Inc. (PCPPI) reported that its Board of Directors has declared an annual dividend of P0.066 per share to all stockholders of record of PCPPI, payable on June 3, 2016. PCPPI expects to pay total cash dividends amounting to ...

Pepsi to pay P243.8-million annual cash dividend
Manila Bulletin - 2016-05-28
Pepsi-Cola Products Philippines, Inc. (PCPPI) reported that its Board of Directors has declared an annual dividend of P0.066 per share to all stockholders of record of PCPPI, payable on June 3, 2016. PCPPI expects to pay total cash dividends amounting to ...

Pepsi to pay P243.8-million annual cash dividend
Manila Bulletin - 2016-05-28
Pepsi-Cola Products Philippines, Inc. (PCPPI) reported that its Board of Directors has declared an annual dividend of P0.066 per share to all stockholders of record of PCPPI, payable on June 3, 2016. PCPPI expects to pay total cash dividends amounting to ...

DOE, Petron hold 1st Euro 4 Fuel Eco Run
Philstar - 2016-05-28
The car companies include Pilipinas Taj Autogroup Inc. (Tata Motors), Eurobrands Distributor Inc. (Peugeot Philippines), Automobile Central Enterprise Inc. (Volkswagen), Asianbrands Motors Corp. (Mahindra), Berjaya Auto Philippines (Mazda), Ssangyong ...

BDO renews SEF partnership with IFC
BusinessMirror. - 2016-05-28
BDO Unibank Inc. has renewed its Sustainable Energy Finance (SEF) Program partnership with the International Finance Corp. (IFC), the private-sector arm of the World Bank, as part of its continued efforts to impart to clients the best international ...

Cusi has to learn fast as energy czar
BusinessMirror. - 2016-05-28
It is a critical agency, so he has to move fast. He has to learn fast," said Tomas I. Alcantara, CEO of Alsons Consolidated Resources Inc. (Acri). Though he lacks the expertise in dealing with energy-related issues, Alcantara said Cusi is willing to ...

Philippine companies encouraged to invest in British Columbia
BusinessMirror. - 2016-05-28
Clark then declared that they would be having meetings with Ayala Corp. and Jollibee Food Corp. According to Clark, Filipinos are in the top 3 among the biggest ethnic groups in British Columbia, along with the Chinese and the Indian nationals. Clark said ...

70 vehicles join DOE Euro 4 Fuel Eco Run 2016
news.pia.gov.ph - 2016-05-28
Sponsored by Petron Corporation, it covered a distance of 280 kilometers from the Petron Service Station inside Clark Freeport to Urdaneta, Pangasinan via the Subic-Clark-Tarlac and Tarlac-Pangasinan-La Union Expressways. "The activity aims to promote ...

MPIC acquires 56% of global power for P22 B Metro Pacific, GT Capital forge strategic alliance
Philstar - 2016-05-28
MANILA, Philippines - Metro Pacific Investments ... another 1.3 billion common shares from Metro Pacific Holdings Inc. (MPHI), the majority shareholder of MPIC, at the same price for P7.93 billion. First Pacific remains the controlling shareholder of ...

Alsons keen on starting 3 power projects in Mindanao by year-end
Philstar - 2016-05-28
MANILA, Philippines - Alsons Consolidated Resources Inc. (ACR), a publicly-listed power holding company of the Alcantara Group, is aiming to start the construction of three major power plants in Mindanao before year end. The three projects are the second ...

Pepsi upbeat on prospects despite profit squeeze
Philstar - 2016-05-28
MANILA, Philippines - Pepsi-Cola Products Philippines Inc. (PCPPI) remains upbeat on its prospects this year despite a 17 percent drop in its first quarter net income. "We see a stronger year this 2016 despite the high sugar prices and start up cost for ...

Meralco joins Unity Walk in observance of Electrical Safety Month
Manila Bulletin - 2016-05-28
The Manila Electric Company (Meralco) took part in a Unity Walk themed "Electrical Safety Starts with Me" held at the grounds of the SM Mall of Asia in Pasay City in observance of the Electrical Safety Month. Organized by the Institute of Integrated ...

India's fifth generation fighter jet deal with Russia on cards soon
Daily News and Analysis - 2016-05-28
India is close to signing an agreement on co-developing the fifth generation fighter aircraft (FGFA ... and Russia's United Aircraft Corporation. IAF requires 200 twin-seat and 50 single seat aircraft to replace Mig-29s and MiG-27s, according to the ...

Three power plants on Alsons 2016 construction slate
m.bworldonline.com - 2016-05-28
ALSONS CONSOLIDATED Resources, Inc. will start building three power projects in Mindanao this year: two coal-fired plants and a run-of-river hydroelectric facility, the listed company told stockholders during its annual meeting on Friday. Alsons President ...

The easy way
Manila Bulletin - 2016-05-28
To apply visit www.mommymundo.com/passport The easy way to make sure you are making smart ... Wyeth, Johnson and Johnson, Splash Corporation, CDO Foodsphere, and San Miguel Purefoods, among others. With each stamp, a cardholder can also be rewarded ...

Shaping the future of travel
BusinessMirror. - 2016-05-27
Here in the country, Philippine Airlines expects to carry about 14 million passengers this year, while Cebu Pacific is looking at 20 million passengers this year. The Philippine situation Pozo sees a lot of potential in the Philippines, especially with the ...

What ZTE deal, MILF pact have in common
Philstar - 2016-05-27
It began in 2001, when the timber license agreement of Picop in southeast Mindanao was about to expire ... of Environment and Natural Resources for conversion of the TLA into an Integrated Forest Management Agreement. The DENR readily approved it under ...

Human, born to make mistakes
BusinessMirror. - 2016-05-27
In Photo: Michael Tantoco Huang (from left), special assistant to the CEO of the SSI Group, Inc.; Yves Zoberman, counselor for Cooperation and Cultural Affairs; Laurent Legodec, deputy head of mission; and Glen Dasig, president of Peugeot Philippines ...

Pepsi upbeat on prospects despite profit squeeze
MSN - 2016-05-27
Pepsi-Cola Products Philippines Inc. (PCPPI) remains upbeat on its prospects this year despite a 17 percent drop in its first quarter net income. "We see a stronger year this 2016 despite the high sugar prices and start up cost for snacks. We should be ...

Alsons set to build three power projects
thestandard.com.ph - 2016-05-27
Alsons Consolidated Resources Inc., the publicly-listed energy company of the Alcantara Group, plans to start construction of three major power projects with a combined capacity of 225 megawatts in Mindanao before the end of the year. Alsons said in a ...

Alsons set to build three power projects
Manila Standard Today - 2016-05-27
Alsons Consolidated Resources Inc., the publicly-listed energy company of the Alcantara Group, plans to start construction of three major power projects with a combined capacity of 225 megawatts in Mindanao before the end of the year. Alsons said in a ...

Globe investing $500m to expand corporate data network
thestandard.com.ph - 2016-05-27
Globe Telecom Inc. said on Friday it will invest close to $500 million over a five-year period beginning this year to expand its corporate data for enterprises. "A growing number of enterprises today use software applications delivered via cloud which ...

Jollibee stores in BC
thestandard.com.ph - 2016-05-27
British Columbia said Friday it reached an agreement with fastfood giant Jollibee Foods Corp. over the establishment of several stores across the Canadian province. British Columbia Premier Christy Clark said she was optimistic the deal with Jollibee would ...

Severe turbulence hits Philippines-Bahrain flight
interaksyon.com - 2016-05-27
DUBAI, United Arab Emirates - Severe turbulence hit a Gulf Air flight from the Philippines to Bahrain on Friday, causing slight injuries among passengers and crew, the airline said. "Flight GF155 carrying 247 passengers from Manila to Bahrain experienced ...

Chinatown wonders
thestandard.com.ph - 2016-05-27
Anchor Land Holdings, Inc., a real estate player that specializes in high end residential developments, is drawing a bead on Binondo to meet the growing demand for bigger units close to commercial establishments, schools, and other city conveniences in the ...

Chinatown wonders
Manila Standard Today - 2016-05-27
Anchor Land Holdings, Inc., a real estate player that specializes in high end residential developments, is drawing a bead on Binondo to meet the growing demand for bigger units close to commercial establishments, schools, and other city conveniences in the ...