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 ...

PLDT to sell 17.48% stake in Meralco
Inquirer - 2016-05-27
Philippine Long Distance Telephone Co. (PLDT) is ready to sell its entire stake in Manila Electric Co. to cut debts and support massive capital spending after earlier tagging challenges in the telecommunications landscape, its chair and CEO Manuel V.

MVP, Ty form alliance
Inquirer - 2016-05-27
... Holdings agreed to unload 56-percent of Global Power in favor of Beacon Electric Asset Holdings Inc.--a venture between First Pacific-led infrastructure holding firm Metro Pacific Investments Corp. (MPIC) and telecom crown jewel Philippine Long ...

The easy way
Manila Bulletin - 2016-05-27
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 ...

British Columbia opens first Asean trade, investment office in Manila
BusinessMirror. - 2016-05-27
British Columbia businesses will be meeting with top Philippine corporations, such as Jollibee Foods Corp. and Ayala Corp., to explore opportunities. The Canadian province has already inked five agreements on the occasion of its launch on Thursday ...

BDO renews SEF partnership with IFC
Manila Bulletin - 2016-05-27
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 ...

Agrilink 2016 to highlight Negros Island
Manila Bulletin - 2016-05-27
Another byproduct, bagasse, is used by many milling facilities to commercially generate and dispatch electricity catering to nearby regions and provinces. These include the facilities of First Farmers Holdings, Hawaiian Philippines Co., Victorias Milling ...

Alsons to build 3 power plants in Mindanao this year
BusinessMirror - 2016-05-27
ALSONS Consolidated Resources Inc. (ACR) of the Alcantara Group is set to begin construction of three major power projects in Mindanao this year. These three projects are the second 105-megawatt (MW) section of the 210-MW Sarangani Energy Corp. (SEC ...

Alsons to build 3 power plants in Mindanao this year
BusinessMirror. - 2016-05-27
ALSONS Consolidated Resources Inc. (ACR) of the Alcantara Group is set to begin construction of three major power projects in Mindanao this year. These three projects are the second 105-megawatt (MW) section of the 210-MW Sarangani Energy Corp. (SEC ...

Lucio Tan Group acquires license to brew Heineken beer
BusinessMirror. - 2016-05-27
ASIA Brewery Inc., the beer company owned by LT Group Inc., on Friday said it signed a joint-venture agreement with Heineken International BV to form a company to brew the brand locally and bring in some of its sister products into the country. Under this ...

MPIC expands power assets after buying controlling stake in GT Capital Holdings
BusinessMirror. - 2016-05-27
Meanwhile, MPIC officials said proceeds of the deal, valued at about P29.9 billion, will be used by MPIC to raise its stake in power distributor Manila Electric Co. (Meralco) by acquiring the remaining stake of Philippine Long Distance Telephone Co. (PLDT ...

The Panasonic Washing Machine
Inquirer Lifestyle - 2016-05-27
ECONAVI and Inverter appliances minimize energy and water consumption while making your life even more comfortable and convenient. Log on to www.panasonic.com/ph for more details on current Washing Machine models.

First Pacific group acquires 56% stake in Global Business Power
Rappler - 2016-05-27
"There is likely to be some excess cash left from the proceeds of 3.6 billion shares. The thought was on the part of MPIC, we should raise equity stake in Meralco (Manila Electric Company)," MPIC Chairman Manuel V. Pangilinan told reporters on the ...

Century Peak trimmed losses in Q1
Inquirer - 2016-05-27
Asia Amalgamated Holdings Corp., Greenergy Holdings Inc., Philippine National Construction Corp., Picop Resources Inc., Primetown Property Group and Uniwide Holdings Inc. Doris Dumlao-Abadilla

Metro Manila problematic for cell site development - Globe
Manila Bulletin - 2016-05-27
Metro Manila is the most problematic area for building new cell sites, according to Globe Telecom, Inc. Other problem locations include Cebu, Davao, North Luzon, and South Luzon areas. A permit to build can be denied on the grounds of social acceptability ...

Berjaya inaugurates Mazda Cebu
Business Mirror - 2016-05-27
Berjaya Philippines, the official distributor of Mazda vehicles in the country, invited several motoring journalists to witness the event. We took the 9 a.m. flight on Friday and arrived in Cebu by 10 a.m. The traffic coming from the airport was the first ...

Asia Brewery to product, sell Heineken in PH
Manila Bulletin - 2016-05-27
Asia Brewery Inc., owned by LT Group, Inc. (LTG), has signed a joint venture agreement with Heineken International B.V. for the brewing and distribution of Heineken brands in the Philippines. "Our local knowledge and distribution network combined with ...

Asia Brewery to product, sell Heineken in PH
Manila Bulletin - 2016-05-27
Asia Brewery Inc., owned by LT Group, Inc. (LTG), has signed a joint venture agreement with Heineken International B.V. for the brewing and distribution of Heineken brands in the Philippines. "Our local knowledge and distribution network combined with ...

Globe 1st PH telco to tap TV white space frequency for broadband
Inquirer - 2016-05-27
Globe Telecom is the first Philippine telecommunications company to adopt the TV white space frequency for broadband use in line with its commitment to improve the state of internet in the country especially in remote and outlying areas in the country.

First Pacific group buys 56% of Global Business Power
Inquirer - 2016-05-27
... of Global Business Power to Beacon Electric Asset Holdings Inc. - a venture between First Pacific units Metro Pacific Investments Corp. (MPIC) and Philippine Long Distance Telephone Co.- it will enter as a strategic investor in MPIC by acquiring a ...

Ty family invest P29.89B in MPIC in exchange for control over power unit
Manila Bulletin - 2016-05-27
At the same time, Beacon Electric Asset Holdings Inc., a 50-50 joint venture between PLDT and MPIC, acquired from GT Capital 56 percent of Global Business Power for P22.1 billion. This will be settled with P11.0 billion in cash on closing and the balance ...

No rules, just results: Meet the millennials of Montgomery Fitch
Rappler - 2016-05-27
It counts brands such as Ortigas and Co., Medicard Philippines, and Sun Life Financial within its client list, and exudes a vibrant workplace persona replete with live card games, Snapchat showdowns, "Game of Thrones Mondays," along with a PlayStation ...

SE Asia Stocks-Most up after U.S. data; investors await Yellen speech
Economic Times - 2016-05-27
Earlier in the day, it rose as much as 0.7 percent with Globe Telecom , the country's largest telecommunication services provider, up 2.16 percent. "We expect a continuation of Thursday's correction to retest initial support of 7,300," Regina Capital said ...

COCKTALES | Sleeper Dominguez stock soars to speculative high amid Duterte appointment
interaksyon.com - 2016-05-27
o Del Monte Pacific is planning to shift to see-through plastic containers with metal tops and bottoms for its canned fruit, juice and vegetable products being sold in the US market amid tougher regulatory and consumer concerns about food safety over tin cans.

COCKTALES | Sleeper Dominguez stock soars to speculative high amid Duterte appointment
interaksyon.com - 2016-05-27
"Perhaps the shares are jumping in anticipation of my resignation!" Formerly known as the Philippine Tobacco Flue-Curing Corp., the company has renamed itself PTFC Redevelopment after it exited the tobacco business and concentrated on leasing its two ...

BOI-approved investments up 64% in first 4 months of 2016, to generate 16,366 jobs
interaksyon.com - 2016-05-27
MANILA - Investments approved by the Philippine Board of Investments (BOI ... Among the big-ticket projects approved in April include GMR Megawide Cebu Airport Corporation (with P16.75 billion), a PPP project for the Cebu International Airport Project ...

WITH MODESTO P. SA-ONOY
Visayan Daily Star - 2016-05-27
A report of May 21 said the Power Watch is asking Central Negros Electric Cooperative General Manager Sulpicio Lagarde Jr. "to shed light on issues involving the Electric Power Purchase Agreements between CENECO and the power suppliers like Filinvest ...

Unionbank beefs up defenses vs money laundering, cyber attacks
interaksyon.com - 2016-05-27
MANILA - Aboitiz-led Union Bank of the Philippines is set to spend P1 billion this year in order to beef up its defenses against money laundering and cyber attacks. The amount that was earmarked as the bank's capital expenditure was the same as it spent ...

Unionbank beefs up defenses vs money laundering, cyber attacks
interaksyon.com - 2016-05-27
MANILA - Aboitiz-led Union Bank of the Philippines is set to spend P1 billion this year in order to beef up its defenses against money laundering and cyber attacks. The amount that was earmarked as the bank's capital expenditure was the same as it spent ...

Globe to invest $500M to expand corporate data network
Manila Bulletin - 2016-05-27
Globe Telecom is investing close to $500 million to expand its corporate data network over a five-year period beginning 2016 to meet the increasing bandwidth requirements of corporate and enterprise clients. In a statement, Rizza Maniego-Eala, Globe Acting ...

Metro Pacific Investments, GT Capital form strategic alliance
GMA Network - 2016-05-27
Metro Pacific Investments Corp. (MPIC) announced on Friday that it has partnered with GT capital Holdings inc. (GT Cap) for capital expansion and strengthening of investments in infrastructure. "I am delighted to announce this new alliance with the GT ...

Road reblocking in QC scheduled May 27-30
MSN - 2016-05-27
Commonwealth Avenue southbound fronting Commonwealth Market to West Riverside Overpass (2nd lane from center island); Commonwealth Avenue northbound from Ever Gotesco Mall to St. Peter Chapel (2nd lane from center island); and Congressional Avenue ...

Rise of Clark from US base to economic hub drawing praises
Philippine Daily Inquirer - 2016-05-27
BCDA signed a joint venture contract with Filinvest Land Inc. to develop 288 ha into an industrial zone with residential, office, commercial and institutional components. BCDA leased 260 ha to Sunray Power Inc. as site of an P11.75-billion, 100-megawatt ...

Metro Manila 'most problematic' for new cell sites - Globe
Rappler - 2016-05-27
MANILA, Philippines - Because of opposition from homeowners' associations and difficulties in dealing with local politicians, Metro Manila is the most problematic area for the setting up of cell sites, Globe Telecom said. In a statement, the ...

Pepsi upbeat on prospects despite profit squeeze
MSN - 2016-05-26
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 ...

Gokongwei sells P11-b shares in JG Summit
thestandard.com.ph - 2016-05-26
Sale was for estate planning purposes," Sebastian said ... Inc.; Universal Robina Corp.; Robinsons Land Corp.; and Robinsons Bank Corp. The company also holds interest in Philippine Long Distance Telephone Co. and Manila Electric Co. JG Summit posted ...

Ginebra in acquisition talks
thestandard.com.ph - 2016-05-26
Ginebra San Miguel Inc., the liquor manufacturing unit of conglomerate San Miguel Corp., is in talks with three foreign companies for possible acquisition. San Miguel president and chief operating officer Ramon Ang said in an interview following the annual ...

Ginebra in acquisition talks
Manila Standard Today - 2016-05-26
Ginebra San Miguel Inc., the liquor manufacturing unit of conglomerate San Miguel Corp., is in talks with three foreign companies for possible acquisition. San Miguel president and chief operating officer Ramon Ang said in an interview following the annual ...

Ginebra in acquisition talks
Manila Standard Today - 2016-05-26
Ginebra San Miguel Inc., the liquor manufacturing unit of conglomerate San Miguel Corp., is in talks with three foreign companies for possible acquisition. San Miguel president and chief operating officer Ramon Ang said in an interview following the annual ...

Ginebra in acquisition talks
thestandard.com.ph - 2016-05-26
Ginebra San Miguel Inc., the liquor manufacturing unit of conglomerate San Miguel Corp., is in talks with three foreign companies for possible acquisition. San Miguel president and chief operating officer Ramon Ang said in an interview following the annual ...

2GO posted P412 million, 37% profit growth in Q1 2016
BusinessMirror. - 2016-05-26
The financial impact of this close to P1-billion project will be reflected in the second-quarter report of the company. 2GO Group Inc. is a listed company with the Philippine Stock Exchange under the trading code 2GO.

For the first time, PPO performs at the Carnegie Hall
Inquirer Lifestyle - 2016-05-26
The Carnegie Hall concert is made possible in cooperation with Philippine Airlines (the official carrier of the Philippine Philharmonic Orchestra), Smart Infinity, Rustan Commercial Corporation, One Meralco Foundation, with the support of PLDT Smart ...

All set to freshen things up
Manila Bulletin - 2016-05-26
The company is bringing the Joe Fresh brand in the Philippines through a partnership with Stores Specialists, Inc., a division of SSI Group, Inc. Mario Grauso, president of Joe Fresh, sees the Philippines as "a dynamic new market for the brand."

All set to freshen things up
Manila Bulletin - 2016-05-26
The company is bringing the Joe Fresh brand in the Philippines through a partnership with Stores Specialists, Inc., a division of SSI Group, Inc. Mario Grauso, president of Joe Fresh, sees the Philippines as "a dynamic new market for the brand."

Big John sells remaining interest in JG Summit
Inquirer - 2016-05-26
Tycoon John Gokongwei Jr.--who is planning to retire this year and focus on philanthropy--sold the bulk of his remaining shares in conglomerate JG Summit Holdings Inc. to global investors, raising $250 million in fresh funds in the first equity deal ...

CebuPac, PLDT partner for free Net browsing
Inquirer - 2016-05-26
Budget air travel just got more accessible as Cebu Pacific Air announced a partnership with SafeZone allowing flyers to browse and book flights online sans data charges. SafeZone is the sponsored mobile data access platform of Voyager Innovations, which is ...

Stocks drop on bearish market sentiment
Philstar - 2016-05-26
The benchmark Philippine Stock Exchange index tumbled 87.57 points or 1.17 percent ... Worst performers were led by JG Summit Holdings Inc. which fell 9.65 percent and Bloomberry Resorts Corp., which declined 2.12 percent. Metro Pacific Investments Corp ...

Metro Manila poses biggest challenge to telcos, says Globe
Inquirer - 2016-05-26
Facing renewed pressure from the incoming administration, Globe Telecom Thursday said improving Internet services remained difficult as it was being challenged on all avenues-- from both the private and public sectors--in deploying new infrastructure.

One-stop flights from Philippines to Fiji set
Inquirer - 2016-05-26
single ticket air travel from the Philippines to Fiji, and onwards in the South Pacific for the first time. The new commercial agreement between the Fijian flag carrier and the Jetstar Group of branded airlines including Jetstar Airways, Jetstar Asia ...

Ginebra in acquisition talks
thestandard.com.ph - 2016-05-26
Ginebra San Miguel Inc., the liquor manufacturing unit of conglomerate San Miguel Corp., is in talks with three foreign companies for possible acquisition. San Miguel president and chief operating officer Ramon Ang said in an interview following the annual ...