Villar telecommunications company gets Congress franchise
philstar.com - 3 months ago
which aims to join the telecommunications business currently dominated by Smart Communications and Globe Telecom. Duterte signed the measure on Oct. 18, around the same time that the government also started accepting applications for players for the third ...

First Philippine Holdings Corp
CNN Money - 3 months ago
FPHHF Regular Dividend: FPHHF will begin trading ex-dividend on 11/20/18 with a $1.00 dividend payable to shareholders of record as of 11/23/18.

Fishing and emergency kit apps developed by Filipino innovators during the NASA Space Apps Challenge in the Philippines
Lifeboat - 3 months ago
Araullo for disaster preparedness won the NASA Space Apps Challenge on October 19-21 at De La Salle University in Manila, Philippines, in partnership with the Embassy of the United States of America and PLDT. Other projects and solutions developed are ...

Makati awards subway project to Antonio Tiu-led consortium
BusinessWorld - 3 months ago
THE consortium led by IRC Properties, Inc. can now proceed with its $3.7-billion Makati Subway System project, after securing the nod of the Makati City government. In a disclosure to the stock exchange on Tuesday, the listed firm led by businessman Antonio L.

HCL gen-next Roshni Nadar appointed vice-chairman of HCL Tech
Times of India - 3 months ago
She did her MBA from the Kellogg Graduate School of Management with a focus on social enterprise and management & strategy.

Duterte approves franchise for Villar telecom firm
Sun Star - 3 months ago
The family of businessman Manuel Villar, a former Senate president, is engaged primarily in real estate development ... the franchise granted to Notre Dame Broadcasting Corporation. (SunStar Philippines)

PAL's Mabuhay Maritime to offer Kalibo-Boracay ferry service
Rappler - 3 months ago
Mabuhay Maritime Express (MME), a subsidiary of flag carrier Philippine Airlines (PAL), is launching a Kalibo-Boracay ferry service with travel time of only an hour and a half, down from the usual two and a half hours by shuttle and boat. The ferry service ...

Mining in the Philippines: The steep price our people pay to line the pockets of a few
Bulatlat - 3 months ago
Benguet Corporation was fined a mere P24 million for the leakage of at least 50,000 tons of silt tailings in 2016. Again, going by the rate the Brazilian government fined BHP Billiton, Benguet Corp. should have paid a fine of at least P213 million.

Sagay massacre shows rights abuses not limited to drug war -- HRW
philstar.com - 4 months ago
Conde noted that agrarian violence has been present in the country, "which is still grappling with the landlessness that has been blamed for massive poverty that in turn has fueled a half-century-long ... private and government properties using their ...

Southern discomfort: Trouble brews in Ayala Alabang as Church Foundation builds allegedly illegal events center
ABS-CBN News - 4 months ago
The property on which the church stands was donated by Ayala Land Inc. in 1992. The foundation proposes to build the two hundred ten million peso (Php 210,000,000) center complete with a parking garage in front of the St. James Church. Residents who live ...

Sweet dreams
philstar.com - 4 months ago
Organized by SM Cares, the corporate social responsibility arm of SM Prime Holdings, in partnership with the Philippine Breast Cancer Society (PBCS), the annual event promotes awareness, early detection and early intervention to fight breast cancer ...

Business veteran, execs shine in Asia CEO Awards 2018
CNN Philippines - 4 months ago
The 2018 Asia CEO Awards awarded Megaworld Corporation as CNN Philippines Executive Leadership Team of the Year. The award is given to the team that served as an inspiration to help in national ...

Praxair, Inc. and Linde AG to Divest Assets in Nine Industrial Gas Markets as a Condition of Merger
Imperial Valley News - 4 months ago
Washington, DC - The Federal Trade Commission will require industrial gas suppliers Praxair, Inc. and Linde AG to divest assets in nine industrial ... The merger would create the largest industrial gas company in the world. According to the complaint ...

Eddie Ilarde: Yesterday, today and tomorrow
BusinessMirror - 4 months ago
About 9.46 trillion kilometers. In Photo: Ilarde Now, imagine if you were Eddie Ilarde, who made his first radio broadcast in 1953: "This is MBC, the Manila Broadcasting Company, DZRH, the voice of the Philippines. The time at the tone brought to you by ...

Wells Fargo Agrees to Pay NY $65M for Misleading Investors on Fake Accounts, AG Says
Law - 4 months ago
The company said on its website that it has taken several steps since 2016 to reform how it does business. It no longer tracks metrics on cross-selling and does not base employee performance on the practice. It has also pledged to improve risk management ...

Technology will help clean up our seas
philstar.com - 4 months ago
Indeed, technology has done a lot in improving our environment, and those who wish to become green now BPI provides them with the financing to make sure that being green is a profitable business. This is why their theme is "Turn your business Green to ...

Intel Denies Report About New Manufacturing Setback as AMD Preps Next-Gen Chips
TheStreet.com - 4 months ago
10nm server CPUs aren't expected until 2020. The company recently launched its first 9th-generation Core CPUs; like Intel's 5th, 6th, 7th and 8th-gen Core CPUs, they rely on its older 14nm manufacturing process node.

Analysts see external payments gap persisting, though narrowing over time
BusinessWorld - 4 months ago
Michael L. Ricafort, economist at the Rizal Commercial Banking Corp., has said that BoP deficits will continue on the back of a bigger oil import bill as world crude prices remain elevated. However, the recent softening in oil prices as well as stronger ...

Ayala invests P1B in logistics business
BusinessWorld - 4 months ago
AC Infrastructure Holdings, Inc. formally launched on Monday Entrego Fulfillment Solutions, Inc., its 60-40 joint venture company with Brillant 1257 GmbH & Co. Vierte Verwaltungs Kg (Brillant), a subsidiary of Zalora operator Global Fashion Group (GFG).

Investing in climate change
Sun Star - 4 months ago
Yesterday, Ayala-led Bank of the Philippine Islands (BPI) pledged to help more businesses in the country achieve their goal towards sustainability. The bank, which is one of the pioneers in green financing programs in the Philippines through its ...

DICT to redistribute frequency after selection of new telco
BusinessWorld - 4 months ago
THE Department of Information and Communications Technology (DICT) will seek to redistribute frequency spectrum fairly among the telecommunications incumbents, PLDT, Inc. and Globe Telecom, Inc. and PLDT, Inc. as well as the new industry entrant ...

CR7 Foodtruck, Sikat Alab win in Acosta Cup opening games
Sun Star - 4 months ago
Medvil Farms Inc., Lapanday Foods, Vibrant Helicopters Agricultural Corp., Southern Tourists Inn, Kudos Trucking Corp., Jollibee, and RDL Pharmaceutical Labs Inc., among others. The games will resume on Sunday.

Philippines' Ayala Corporation Pivots To Renewables With Vietnam Solar Investment
Forbes - 4 months ago
AC Energy, a subsidiary of Philippine conglomerate Ayala Corp., has pledged to use technology to improve lives and ensure a sustainable future for all. It recently announced a deal in Vietnam to build out 80 megawatts of solar electricity generation ...

SMDC sets its sights on Davao
philstar.com - 4 months ago
SMDC has opened projects located near key educational institutions like Green Residences near De La Salle University on Taft Avenue, Manila, Sun Residences near the University of Santo Tomas on EspaƱa Boulevard, Manila and Blue Residences near Ateneo de ...

Duterte to NPA: You may join politics if you surrender your arms
UNTV - 4 months ago
The group said their traditional costumes and culture are often ... Philippines -- The bicameral conference committee has recently approved the revised charter of the Social Security System (SSS) which promises expanded benefits for its members.

EDC distributes supplies to 21 NegOr schools
Sun Star - 4 months ago
Dobdob Elementary School, Valencia Central Elementary School, Bong-ao Elementary School and Calinawan Elementary School. The company's officials and employees joined the annual giving along with Vice Mayor Romeo Alviola, District Supervisor, Dr. Rolando ...

Economists see higher inflation rates
philstar.com - 4 months ago
Korea Exchange Bank sees inflation averaging 5.7 percent this year followed by Ayala-led Bank of the Philippine Islands (BPI) with 5.6 percent, Al Amanah Islamic Bank (5.5 percent), UBS (5.4 percent ), and CTBC Bank, Robinsons Bank, and Philippine Equity ...

Century Properties launches JV company with Mitsubishi
BusinessWorld - 4 months ago
CENTURY PROPERTIES Group, Inc. (CPG) and Japanese conglomerate Mitsubishi Corp. launched last week the newly formed joint venture company PHirst Park Homes, Inc. (PPHI), which is set to introduce 15 masterplanned communities outside Metro Manila to cater ...

Meralco expects improvement in profits this year
philstar.com - 4 months ago
MANILA, Philippines -- Manila Electric Co. (Meralco) expects a slight improvement in profits this year as sales volume continued to expand, according to its top official. "We expect a slight improvement in our income because volumes for this year are ...

Senate starts review of third telco selection today
philstar.com - 4 months ago
At least five local firms - Converge ICT, Udenna Corp.; TierOne Communications International Inc.; LCS Group of Companies; Philippine Telegraph and Telephone Corp. (PT&T) and Now Corp. - are reportedly vying for the slot and have submitted the list of ...

Marina allows Negros Navigation to operate several routes between Manila, Mindanao
BusinessMirror - 4 months ago
THE Maritime Industry Authority (Marina) has permitted Negros Navigation Co. Inc., the holding company of 2GO Group Inc., to provisionally operate several routes between Manila and cities in Mindanao to cater to the demand for the October holidays.

Senate panel reviews process for selecting 3rd telco
BusinessMirror - 4 months ago
Among those reported as "interested parties" looking to compete with the duopoly are: NOW Corp., Converge ICT Solutions and Philippine Telegraph and Telephone Corp. The "explanatory ...

PSE on track to breach P200-B fund-raising target
BusinessWorld - 4 months ago
Funds raised as of September came mostly from stock rights offerings, including P758.3 million from PetroEnergy Resources Corp., P20 billion from Robinsons Land Corp., P5 billion from Integrated Micro-electronics, Inc., P2.898 billion from The Philippine ...

MPTC to invest $20M in Indonesian toll road
BusinessWorld - 4 months ago
MPTC is the tollways unit of Metro Pacific Investments Corp. (MPIC). MPIC is one of three key Philippine units of First Pacific, the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary ...

Megaworld eyes P700 million from Cavite condo project
BusinessWorld - 4 months ago
MEGAWORLD Corp. is targeting to complete The Verdin at Maple Grove by 2023. MEGAWORLD Corp. expects to generate around P700 million in sales from its first residential condominium inside its Maple Grove township in General Trias, Cavite. In a statement ...

IN PHOTOS: Why people braved long lines for Jollibee's first UK store
Rappler - 4 months ago
Because he was the first customer, Jollibee Foods Corp. gave Sison a free chickenjoy with rice, a Jollibee plush toy, a Jollibee backpack and a Funko Pop Jollibee figurine - there are only 4,000 of such in the world, according to JFC. "Sulit na sulit ...

Airlines resume flights to Caticlan, Kalibo for Boracay reopening
philstar.com - 4 months ago
MANILA, Philippines-- Philippine Airlines and Cebu Pacific have announced that they are resuming flights to Caticlan and Kalibo in anticipation of the reopening of world-famous Boracay island on October 26. In its advisory, PAL said the flights between ...

Smart, Globe open pre-order for iPhone Xs and iPhone Xs Max
newsbytes.ph - 4 months ago
Local operators Smart Communications and Globe Telecom have announced that they are now accepting pre-orders for the new iPhone Xs and iPhone Xs Max. Smart customers are able to pre-order at ...

China-backed hydro dam threatens world's rarest orangutan
Rappler - 4 months ago
Its Chinese backers appear undeterred, however, something critics say underscores the troubling environmental impact of Beijing's trademark "Belt and Road Initiative", which seeks to link Asia ... Science at James Cook University in Australia, told ...

Chickenjoy power: Jollibee opens first store in the UK
Rappler - 4 months ago
He first learned about Jollibee on the travel and food TV series Parts Unknown, hosted by the late Anthony Bourdain. "It was Bourdain's visit to Jollibee that really piqued my interest. To see a world-class chef so enthusiastic about a fast-food chain as ...

Tech firm Red Hat bets on telecom, BFSI in India, eyes smaller cities
Business Standard - 4 months ago
Open source software provider Red Hat sees huge opportunities in the banking, financial services, and insurance (BFSI) as well as telecom sectors in India ... Most core banking systems across the globe run on Red Hat architecture in some form or the ...

This ex-Wall Street top honcho just lent his entire collection to Iloilo's art museum
ABS-CBN News - 4 months ago
These were paintings by Ang Kiukok and Romulo Olazo, and this started the whole collecting business ... s efforts as art patron is putting the Iloilo art scene even more indelibly on the map. The museum gets good traffic from the schools, and now ...

LOOK: Miss Earth candidates plant mangroves in Legazpi City
Rappler - 4 months ago
The mangrove planting activity is the joint project initiative of Evangelyn "Vangie" Imperial of Imperial Productions, Legazpi City Host Lions Club, Noel De Luna of Kusog Bikolandia, Mayor Noel Rosal of the city government of Legazpi, National Union ...

You could still be a dollar-billionaire!
philstar.com - 4 months ago
Pope Francis has to carry the cross of the scandals that have seen the removal recently of a member of the College of Cardinals ... "I have been in refugee camps in Central Africa where boys are kidnapped and forced to become child soldiers and young ...

Comelec urged to release information on party-list groups
philstar.com - 4 months ago
MANILA, Philippines -- An election watchdog yesterday ... "The marginalized have been eased out of Congress," she said in a news forum at the University of the Philippines Hotel in Quezon City. Guanzon lamented that the intention to provide truly ...

PPP certification course
philstar.com - 4 months ago
It will feature three distinct lecturers: Antonio Rex Chan, who was involved in the implementation of major infrastructure projects such as Subic-Clark Tarlac Expressway and Subic Bulk Port and New Container Terminal. He has prepared project proposals and ...

ICTSI opens first barge terminal in Philippines
philstar.com - 4 months ago
The Cavite Gateway Terminal was privately funded by the International Container Terminal Services Inc., the listed company of billionaire Enrique Razon Jr. The terminal, which has a capacity of 115,000 twenty-foot equivalent units, will allow transshipment ...

London lines up for taste of Jollibee
philstar.com - 4 months ago
I would like to invite the London community to experience Jollibee for themselves and discover why people are willing to queue up for hours - even in the coldest weather - for Chickenjoy and our other favorites," said Dennis Flores, JFC president and ...

Steel beneath the silk: the life and times of Presy Lopez Psinakis
ABS-CBN News - 4 months ago
Mabini St., Manila where they resided just after WWII ... with a married Greek-born American engineer named Steve Psinakis, a graduate of the University of Pittsburg who came into Meralco as part of an American team who provided technical expertise.

How to be left behind
philstar.com - 4 months ago
A related law was passed in 1995 when FVR opened up the telecoms industry from the PLDT monopoly. But the 1995 law is also no longer sufficient to regulate the brave new world of digital technology. Our laws must keep up with technological developments or ...