LOOK: John Prats and Isabel Oli share photos of Lilly Feather on her first month
GMA Network - 2016-05-18
The baby girl of John Prats and Isabel Oli turns a month old today, and the couple is more than happy to share her photos to the public for the first time. View career opportunities in GMA Network, Inc.

Megaworld to spend P10B for new township
BusinessMirror. - 2016-05-18
The company still has over 2,000 hectares of land in this corridor alone. Through its subsidiary Global-Estate Resorts Inc., Megaworld is also developing Twin Lakes, a 1,300-hectare integrated tourism-estate development near Tagaytay; and Southwoods City ...

Trillanes leaves Manila for business trip
Manila Bulletin - 2016-05-18
The Immigration officer who refused to be identified said Trillanes boarded a Philippine Airlines flight PR100 for Honolulu, Hawaii at 5:30 p.m. The source added that the senator said he was on a business trip. Trillanes was seen wearing a dark blue shirt ...

Lopez Holdings income grew 24% to P1.35B in January-March
BusinessMirror. - 2016-05-18
LOPEZ Holdings Corp. on Monday said its net earnings for the first quarter rose by 24 percent, buoyed by the steady performance of its units First Philippine Holdings Corp. (FPHC) and ABS-CBN Corp. In a disclosure to the Philippine Stock Exchange, the ...

Cosco income, revenues rose 12% to P1.08B in Q1
BusinessMirror. - 2016-05-18
For the period, supermarket business segment from Puregold Price Club Inc., the second-largest grocery retailer in the Philippines, along with S&R membership shopping, contributed 86 percent of the total revenues. This was followed by specialty retail from ...

First Gen, PNOC exploring plan to jointly put up $1-B LNG terminal
BusinessMirror. - 2016-05-18
FIRST Gen Corp. and Philippine National Oil Co. (PNOC) are exploring the possibility of working together in putting up a billion-dollar LNG (liquefied natural-gas) terminal, a plan conceived by the Lopez Family. "[First Gen] has started talking with PNOC ...

GT Capital income slightly rose to P2.95B in Jan-March
BusinessMirror. - 2016-05-18
GT Capital Holdings Inc. on Tuesday said its net income for the ... "Robust vehicle sales from Toyota Motor Philippines Corp., higher kilowatt-hour sales realized by Global Business Power Corp., real-estate sales from Federal Land Inc. and Property ...

SM Prime to offer P10B in retail bonds this year
BusinessMirror. - 2016-05-18
Mall operator SM Prime Holdings Inc. on Tuesday said it will register with the Securities and Exchange Commission some P60 billion worth of bonds that will be issued over the next three years. The property arm of the Sy family said it will initially offer ...

SM Prime to offer P10B in retail bonds this year
BusinessMirror. - 2016-05-18
Mall operator SM Prime Holdings Inc. on Tuesday said it will register with the Securities and Exchange Commission some P60 billion worth of bonds that will be issued over the next three years. The property arm of the Sy family said it will initially offer ...

2016 Vios Cup second leg wheels off in Alabang
BusinessMirror. - 2016-05-18
The 2016 Vios Cup is in partnership with Bridgestone and Rota, and supported by Motul, Brembo, Denso, AVT, OMP, Tuason racing.com and Filinvest Land.

Power supply stable amid shutdown of plants-DOE
BusinessMirror. - 2016-05-18
For one, Monsada said the government could always tap power from the state-owned Malaya coal plant. Moreover, two gas plants of First Gen Corp. are on testing and commissioning stage, which means that these facilities can already transmit power to the grid.

DTI urges exporters to seek new markets, innovate
Manila Bulletin - 2016-05-18
Among these corporate giants are Monde Nissin Corp. which bought UK company Quorn for P38.93 billion; MNTC which operates in various ports worldwide; Universal Robina Corp. which bought Griffin Food in New Zealand; Emperador Inc. which purchased Fundador P ...

Change coming to DA, Pagcor, DPWH
Philippine Daily Inquirer - 2016-05-18
Silvestre Bello III was designated chief negotiator in upcoming talks with the National Democratic Front of the Philippines and former immigration chief Andrea Domingo was appointed head of Philippine Amusement and Gaming Corp. Duterte made the ...

Megaworld to expand office inventory in Mckinley West
GMA Network - 2016-05-18
Megaworld Corp. on Wednesday announced that it is expanding its office inventory in McKinley West in Fort Bonifacio. In a disclosure to the Philippine Stock Exchange, the company said it is building a new office tower in McKinley West to be called 10 West ...

Land-reclamation tack fraught with challenges, opportunities
BusinessMirror. - 2016-05-17
Many developers see the BPO sector as a steady stream of revenue even on a medium-term contract. Megaworld Corp., the property arm of businessman Andrew L. Tan, is one of them. Megaworld has announced continuing construction of office spaces at an average ...

Holcim declares P0.87 cash dividend
MSN - 2016-05-17
Another Day, Another Rumor: Where Will Twitter Be In 6 Months?

Petron sees income hitting P18b in 2016
Manila Standard Today - 2016-05-17
Petron Corp., the oil refining unit of San Miguel Corp., forecasts net income to reach P15 billion to P18 billion this year from P6.27 billion in 2015, or a 186 percent increase. Petron president and chief executive officer Ramon Ang told reporters after t ...

Weak metal prices affect Atlas, Apex
Manila Standard Today - 2016-05-17
Mining companies Atlas Consolidated and Development Corp. and Apex Mining Co Inc. faced challenges in the first quarter amid weak metal prices. Atlas said in a disclosure to the stock exchange it posted a net loss of P135 million in the first quarter ...

Weak metal prices affect Atlas, Apex
thestandard.com.ph - 2016-05-17
Mining companies Atlas Consolidated and Development Corp. and Apex Mining Co Inc. faced challenges in the first quarter amid weak metal prices. Atlas said in a disclosure to the stock exchange it posted a net loss of P135 million in the first quarter ...

AirAsia other budget airlines set to soar in Southeast Asia's open skies
The Star Online - 2016-05-17
"Travellers can thus look forward to more flights at more competitive prices." Dominant low-cost airlines like Malaysia's AirAsia , Indonesia's Lion Air, and Philippine carrier Cebu Pacific plan to do just that. AirAsia, for example, wants more ...

Appeals court to CDC: Pay cash benefits of 455 Clark resort workers
Rappler - 2016-05-17
PAMPANGA, Philippines - The Court ... which ordered the Clark Development Corporation (CDC) to pay the allowances, incentives, and bonuses of some 455 employees of the 202-hectare Mimosa Leisure Estate here that remain unpaid since 2009.

Ace racers, celebrity drivers compete in Vios Cup
m.philstar.com - 2016-05-17
MANILA, Philippines - Toyota gears up for the 2016 Vios Cup second leg this weekend as it brings the waku-doki motorsports experience back to Manila with another huge field participating at Filinvest City in Alabang, Muntinlupa City. "In each season of ...

Petron sees income hitting P18b in 2016
thestandard.com.ph - 2016-05-17
Petron Corp., the oil refining unit of San Miguel Corp., forecasts net income to reach P15 billion to P18 billion this year from P6.27 billion in 2015, or a 186 percent increase. Petron president and chief executive officer Ramon Ang told reporters after ...

GT Capital net profit in Q1 up
Inquirer - 2016-05-17
The revenue growth was fueled by robust vehicle sales from Toyota Motor Philippines Corp. (TMP), higher kilowatt-hour (kWh) sales realized by Global Business Power Corp. (GBPC) and sustained real estate sales from Federal Land Inc. (Federal Land ...

BSP beefing up cyber defense
thestandard.com.ph - 2016-05-17
He said the recent scam--which involved universal bank Rizal Commercial Banking Corp. as one of the conduits for the transfer and entry of illegal funds to the Philippines--was a good learning experience for the industry and made everybody aware of the ...

Gokongwei takes over The Generics Pharmacy
Manila Standard Today - 2016-05-17
Conglomerate Ayala Corp. also ventured into retail healthcare industry last year, with the acquisition of a 50-percent stake in the pharmaceutical chain Generika group.

SM Prime prepares bond offering to raise P10B
Inquirer - 2016-05-17
Property giant SM Prime Holdings Inc. (SMPH) plans to raise as much as P10 billion via a new offering of fixed-rate bonds to buttress its expansion program. In a disclosure to the Philippine Stock Exchange, SMPH said its board has approved the issuance of ...

Lopez Holdings income grew 24% to P1.35B in January-March
BusinessMirror - 2016-05-17
LOPEZ Holdings Corp. on Monday said its net earnings for the first quarter rose by 24 percent, buoyed by the steady performance of its units First Philippine Holdings Corp. (FPHC) and ABS-CBN Corp. In a disclosure to the Philippine Stock Exchange ...

Budget airlines set to soar in Southeast Asia's open skies
bangkokpost.com - 2016-05-17
"Travellers can thus look forward to more flights at more competitive prices." Dominant low-cost airlines like Malaysia's AirAsia , Indonesia's Lion Air, and Philippine carrier Cebu Pacific plan to do just that. AirAsia, for example, wants more ...

Market extends rally; Vista Land rises
thestandard.com.ph - 2016-05-17
The Philippine Stock Exchange index, the 30-company benchmark ... Nine of the 20 most active stocks ended in the green, led by property developer Vista Land & Lifescapes Inc., which advanced 5.2 percent to P5.28. Metro Pacific Investments Corp. gained ...

List of Prepaid and Debit Credit Cards in the Philippines and How to Get Them
newsgra.ph - 2016-05-17
4. MyWallet Visa Cash Card by RCBC Savings Bank RCBC Savings Bank is a subsidiary or sister company of the Rizal Commercial Banking Corporation or RCBC. This card is an ultimate shopping card for either online or offline. Just like all other Visa powered ...

Aboitiz Group may buy Chevron geothermal assets
Manila Bulletin - 2016-05-17
... that it is eyeing to bid for the geothermal assets being divested by American giant Chevron Corporation for its Asian operations. Aboitiz Power Chief Executive Officer Erramon I. Aboitiz said "when the time comes and when the process has started ...

GT Capital posts P2.95-B net profit
Manila Bulletin - 2016-05-17
GT Capital Holdings, Inc. reported that its consolidated net income for the first quarter of 2016 inched up 5 percent to P2.95 billion from P2.80 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that its ...

Megaworld allots P10B for new Cavite township
Manila Bulletin - 2016-05-17
The company has over 2,000 hectares of land in this corridor alone. Through its subsidiary Global-Estate Resorts, Inc. (GERI), Megaworld is also developing Twin Lakes, a 1,300-hectare integrated tourism estate development near Tagaytay; and Southwoods City ...

GT Capital posts P2.95-B net profit
Manila Bulletin - 2016-05-17
GT Capital Holdings, Inc. reported that its consolidated net income for the first quarter of 2016 inched up 5 percent to P2.95 billion from P2.80 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that its ...

Aboitiz, Ayala units pursue P2-B Cebu property venture
Philstar - 2016-05-17
MANILA, Philippines - Aboitiz Land Inc. and Ayala Land Inc. are pushing through this year with their first real estate joint venture with an initial investment commitment of P2 billion. Aboitiz Land president and chief executive officer Andoni Aboitiz said ...

Robinsons Retail buys 51% of The Generics Pharmacy
Inquirer - 2016-05-17
In a disclosure to the Philippine Stock Exchange on Tuesday, RRHI said it had acquired a 51 percent stake in TGP, which has over 1,800 stores across the country. The Liuson family which founded TGP has been in the pharmaceutical business since 1959 ...

BBC bids goodbye to recipes website, cuts £15M from online budget
Manila Bulletin - 2016-05-17
"I hope I can go some way to filling the gap left for free, instructional, simple recipe resources and cookery guidance ... Osborne described the website as becoming "a bit more imperial in its ambitions" and that there are issues that must be ...

BBC bids goodbye to recipes website, cuts £15M from online budget
Manila Bulletin - 2016-05-17
"I hope I can go some way to filling the gap left for free, instructional, simple recipe resources and cookery guidance ... Osborne described the website as becoming "a bit more imperial in its ambitions" and that there are issues that must be ...

San Miguel investing $4.2B for 5 new power projects
Manila Bulletin - 2016-05-17
The energy arm of San Miguel Corporation will be on extensive capital spending of US$4.2 billion for five new power projects of 2,100 megawatts capacity in Mindanao and Luzon grids. In a briefing with reporters yesterday, San Miguel President Ramon S.

San Miguel investing $4.2B for 5 new power projects
Manila Bulletin - 2016-05-17
The energy arm of San Miguel Corporation will be on extensive capital spending of US$4.2 billion for five new power projects of 2,100 megawatts capacity in Mindanao and Luzon grids. In a briefing with reporters yesterday, San Miguel President Ramon S.

Alabang project fits taste of luxury condo dwellers
Manila Bulletin - 2016-05-17
Thus, successful executives, entrepreneurs and professionals are opting to live in business districts like Filinvest City in southern Metro Manila where land values are rising due to its strategic location. They are now trading space for greater convenience.

Vios Cup in Filinvest Alabang this weekend
Manila Bulletin - 2016-05-17
After taking the races to different locations across the country, Toyota is bringing the waku-doki motorsports experience back to Manila. Gear up for the second leg of the 2016 Vios Cup this May 21 - 22 (Saturday to Sunday) at Filinvest City, Alabang in ...

Vios Cup in Filinvest Alabang this weekend
Manila Bulletin - 2016-05-17
After taking the races to different locations across the country, Toyota is bringing the waku-doki motorsports experience back to Manila. Gear up for the second leg of the 2016 Vios Cup this May 21 - 22 (Saturday to Sunday) at Filinvest City, Alabang in ...

COAI asks Trai to reconsider differential pricing of data
wap.business-standard.com - 2016-05-17
Given that content is becoming a key differentiator for telecom companies across the globe, the Cellular Operators Association of India (COAI), industry lobbying body, has written to TRAI for clarity on CECN. In its 16 May 2016 letter, the COAI has ...

PSEi clings to 7,500 level
Inquirer - 2016-05-17
On the other hand, URC, JG Summit and Jollibee succumbed to profit-taking, all falling by over 1 percent. PLDT, Globe, AGI and Meralco also declined. Outside of the PSEi, Security Bank and RRHI also respectively fell by 1.6 percent and 2.99 percent.

Isabela proclaims poll winners
news.pia.gov.ph - 2016-05-17
CITY OF ILAGAN, Isabela, May 17 (PIA) - The Provincial Board of Canvassers (PBOC) here has officially proclaimed the local winners of the recently concluded May 9, 2016 elections. The proclamation was made on May 14, 2016 before the awarding ceremonies ...

SM Prime to issue P60B in retail bonds
Manila Bulletin - 2016-05-17
The increase can be traced by the higher construction accomplishments of SM Development Corporation (SMDC) projects launched in 2013 to 2015.

ASEAN's open skies agreement to benefit low-cost airline groups and manufacturers
Economic Times - 2016-05-17
"Travellers can thus look forward to more flights at more competitive prices." Dominant low-cost airlines like Malaysia's AirAsia , Indonesia's Lion Air, and Philippine carrier Cebu Pacific plan to do just that. AirAsia, for example, wants more ...

Panasonic plans refrigerator plant in India
Economic Times - 2016-05-17
KOLKATA: Japanese electronics giant Panasonic plans to make refrigerators in India to tap into the huge market in the country where it is currently a marginal player. The company's India unit plans to invest Rs 250 crore towards setting up a manufacturing ...