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 ...

Stock index ends week above 7,000
Inquirer - 4 months ago
There were 92 gainers against 88 decliners while 48 companies closed unchanged. Gokongwei-led Universal Robina Corp. was the most actively traded for the day as it sank by 0.41 percent to P145.90 ...

Boracay hotels back in business
philstar.com - 4 months ago
For its part, the Boracay unit of Ayala-led Manila Water Co. Inc. will continue its services and operations ... Cawaling issued an order that revoked the business permit of the company due to its failure to secure an environmental sanitation clearance ...

Airlines to resume flights to Boracay, remind passengers to pre-book accommodations
CNN Philippines - 4 months ago
In an advisory Friday, Philippine Airlines (PAL) said it will resume flights between Manila and Caticlan, Cebu and Caticlan, as well as Cebu and Kalibo beginning October 28. The company also ...

SMC optimistic construction of new Bulacan airport to start in 2019
CNN Philippines - 4 months ago
Metro Manila (CNN Philippines, October 19) -- San Miguel Corporation is optimistic that the construction of a new international airport in Bulacan will begin in 2019. The company and the ...

Scheduled power interruption in parts of Manila on Oct. 23 - 26
Philippine Daily Inquirer - 4 months ago
The Manila Electric Company (Meralco) announced on Friday that a few areas in Manila will be experiencing a scheduled power interruption. Affected areas are portion of Recto Avenue from Loyola St. to and including San Sebastian St. and San Sebastian ...

It started with P20 a day
Sun Star - 4 months ago
I love being an entrepreneur," he added. Gokongwei is the founder of JG Summit Holdings Inc. (JGSHI), which has subsidiaries in food manufacturing, property, banking, telecommunications, power, aviation and petrochemicals. "Through the years ...

Balance of payments swings to $2.7B deficit in September
BusinessWorld - 4 months ago
Michael L. Ricafort, economist at the Rizal Commercial Banking Corp., said surging global oil prices as well as net foreign selling in the local financial markets also contributed to the wider trade gap. "For 4Q 2018, BOP deficits could still continue ...

PHL economy seen resilient amid global volatility
BusinessWorld - 4 months ago
Jose Emmanuel U. Hilado, chief financial officer and treasurer of the Union Bank of the Philippines, said that the country remains attractive for long-term investors as they know how to look beyond noise and appreciate good fundamentals and a young and ...

NLEX Harbor Link mainline gains 100% right of way, set to open in December
BusinessWorld - 4 months ago
MPIC is one of three key Philippine units of Hong-Kong based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority ...

Mondilla averts winless season, snares Luisita crown
BusinessMirror - 4 months ago
outdueling Peter Stojanovski and Jay Bayron in a thrilling clash of nerves in the stretch to nail the hotly disputed ICTSI Luisita Invitational crown with a closing 67 here yesterday. Mondilla ...

Cavite barge terminal to begin full operations in November
BusinessWorld - 4 months ago
Courtesy of Department of Transportation THE Cavite barge terminal, privately funded by International Container Terminal Services Inc. (ICTSI), is set to begin full operations next month, the Department of Transportation (DoTr) said on Friday. In a ...

China Bank raises $150M via maiden green bond issue
BusinessWorld - 4 months ago
CHINA Banking Corp. (China Bank) has issued $150 million in green bonds to fund climate change mitigation projects. The Sy-led lender said in a disclosure on Friday that the sole investor in its maiden green bond issuance is the International Finance ...

PHL stocks extend gains for 3 rd session
BusinessWorld - 4 months ago
Eleven of the 20 most actively traded stocks ended in positive territory, including Semirara Mining and Power Corp. (up 5.73%), Jollibee Foods Corp. (up 1.92%), BDO Unibank, Inc. (up 1.18%), Bank of the Philippine Islands (up 1.16%), and Aboitiz Power Corp ...

The Growing Trend Of Green Finance: The Green Loan Principles
Mondaq - 4 months ago
The survey concluded that the main green lending opportunities are to be found in the manufacturing and agricultural ... may be utilised by companies wishing to improve their sustainability, and which can be financed under an asset finance structure.

Thai Airways looks at A350, 777X for fleet renewal: executive
Investing.com - 4 months ago
The flights would compete against non-stop U.S. flights from Southeast Asian rivals Singapore Airlines Ltd (SI:SIAL) and Philippine Airlines Inc (PHL.UL). Chantalitanon said there was enough premium traffic from Thailand and neighboring countries to make ...

Philippines' first container RO-RO barge port to open November 2018
Rappler - 4 months ago
The Enrique Razon Jr-led International Container Terminal Services, Incorporated (ICTSI) built the $30-million terminal, which will support a total throughput of 115,000 20-foot equivalent units per year. Since the terminal provides direct access to Cavite ...

PayPal Surges After Q3 Earnings Beat as Venmo Nears "Tipping Point"
TheStreet.com - 4 months ago
PayPal Holdings (PYPL) shares surged in pre-market trading Friday after the online payments group posted stronger-than-expected third quarter earnings as its active customer base topped 250 million and growth on its Venmo platform continued to impress.

DPWH finally acquires right of way for NLEX Harbor Link Segment 10
Rappler - 4 months ago
It also operates the Subic-Clark-Tarlac Expressway. NLEX Corporation is a unit of Metro Pacific Tollways Corporation, which in turn is a subsidiary of conglomerate Metro Pacific Investments Corporation. - Rappler.com

LOOK: 24 Oras news anchor Mike Enriquez makes first public appearance after heart bypass surgery
GMA Network - 4 months ago
He also mentioned, "While I am not yet back on the air, I continue to perform my functions as president of RGMA Network Inc. and as Consultant for Radio of GMA Network Inc." Meanwhile, Kapuso netizens reacted to the return of Mike Enriquez and were all ...

A stronger and deeper PHL-UK relationship
BusinessWorld - 4 months ago
Four PhD scholars have also been sent to the UK, funded by the Newton Agham Program, with matched support from the Commission on Higher Education (CHEd). On top of these scholarships, the British government and the Department of Science and Technology ...

Citibank IDs Garnished Accounts In Wine Co. Investor Row
Law360 - 4 months ago
Several family members and a few companies may have a claim to the accounts, and Citibank Switzerland AG, in Zurich, may also have additional property belonging to Coderch that the investor, EGI-VSR LLC, has an interest in, Citibank noted. EGI-VSR has ...

Busy as a Jollibee: Asia's fast-food giant expands abroad
Reuters - 4 months ago
Earlier this year, Coca-Cola (KO.N) agreed to buy Costa Coffee and JAB Holdings ... The company, which has a market value of more than $5 billion, already has 4300 stores under 14 brands in 20 countries. It operates Burger King stores in the Philippines ...

Phoenix Petroleum to issue up to P10-B commercial papers
BusinessWorld - 4 months ago
The rest will be used to repay short-term loans with BDO Unibank, Inc., Asia United Bank Corp., Robinsons Bank Corp., United Coconut Planters Bank, and Development Bank of the Philippines, which are due in December. The company, led by Dennis A.

The need for eternal vigilance
BusinessWorld - 4 months ago
In 1992, cosmetics company Avon began its support for breast cancer awareness ... Avon will be lighting up selected landmarks around Metro Manila in pink "as a reminder to make the breast self-exam a habit." Beginning Oct. 20, Avon Philippines will ...

BoI-registered investments rise 19% in first 9 months
BusinessWorld - 4 months ago
The P11.8 billion investment of Cebu Air, Inc. also invested P11.8 billion for five Airbus A321NEOs. Meanwhile, new hospitals and expansions received strong investment "on the back of strong wellness demand in the provinces." Among these are Allegiant ...

Is Africa starting to choke on China's lending glut?
Rappler - 4 months ago
That made China the single largest bilateral financier of infrastructure in Africa, exceeding the combined total of the African Development Bank (ADB), the European Union, International Finance Corporation, the World Bank and the Group of Eight (G8 ...

10th Oro Best showcases Northern Mindanao MSMEs
Sun Star - 4 months ago
Right now, it's doing good, much better than last year," he added. Among the exhibitors are the Department of Trade and Industry, A Brown Company Inc., 2GO, Seda Centrio, Bite Me Up, the Provincial Government of Misamis Oriental, City Government of ...

Bringing new heights to Pampanga
philstar.com - 4 months ago
Its entertainment facilities are also built so that you can end your day on a high note. Consistently among the top regions ... Residential brand Alveo and educational institution Miriam College are also expected to bring families closer to this scenic ...

In the JBC, Justice Mendoza emerges as the tough questioner
Rappler - 4 months ago
Lawyer Rita Linda Jimeno, the associate dean of the Centro Escolar University (CEU) Law School ... are paying higher prices for medicine, transportation, restaurants and hotels?" Equal protection of the law, of course, is not absolute.

Philippines' San Miguel halves food unit's share sale to $920 million
Reuters - 4 months ago
The Philippines' stock market is the worst performing in Southeast ... San Miguel Corp plans to use proceeds from the share sale to invest in its business, but it did not provide details. The conglomerate is pursuing an aggressive expansion plan that ...

Campaign launched to accelerate digital shift of PH financial firms
newsbytes.ph - 4 months ago
In the same event, FinTQ launched the third volume of the Inclusive Digital Finance (IDF) Report, titled: "Are Philippine Financial Institutions Ready for DX? A Baseline Study," which ...

Rebus sic stantibus? SC aspirant says Duterte can unilaterally withdraw from ICC
Rappler - 4 months ago
in international law, is the doctrine that renders treaties inapplicable when there are significant changes in circumstances. Mendoza had to explain to Jimeno what the doctrine means, as the Associate Dean of the Centro Escolar University (CEU) Law School ...

Corporate center all set
The Visayan Daily Star - 4 months ago
A business process outsourcing company is opening in Bacolod City early next year at the newly opened Bacolod Capitol Corporate Center of the Ayala Land Offices Division at North Capitol Road. "This is a testament that, indeed, the business environment ...

BOI investment approvals up 19% for Jan-Sept 2018
Philippine Information Agency - 4 months ago
The Philippines continues to attract more investments because ... He said that with the Implementing Rules and Regulations (IRR) of the expanded Ease of Doing Business Act soon to be out and the roadshows of the Strategic Investment Priorities Plan ...

LIVE Updates: JBC interviews SC associate justice aspirants
philstar.com - 4 months ago
The two hopefuls to be interviewed are Centro Escolar University School of Law Associate Dean Rita Linda Jimeno and Sandiganbayan Associate Justice Alex Quiroz.

PH signs deal with Israeli firm for oil exploration east of Palawan
Rappler - 4 months ago
The last PSC awarded by the Philippine government was signed with PXP Energy Corporation back in December 2013. This subsidiary of Philex Mining was allowed to explore an area in northwestern Palawan. - Rappler.com

ALI issues final tranche under P50 billion 3-year shelf registration
BusinessWorld - 4 months ago
Marcelo, BDO Capital & Investment Corporation First Vice President Jose Eduardo A. Quimpo II, Ayala Land, Inc. (ALI) Funds Management Head Jose Emilio B. Jamir, East West Banking Corporation Investment Banking Head Gerald K. Abrogar, BPI Capital ...

Italpinas to spend P3 billion on capex in 2019
BusinessMirror - 4 months ago
BOUTIQUE property developer Italpinas Development Corp. said it plans to spend between P2 billion and P3 billion next year as it continues to expand its portfolio, while focusing on raising more funds to bankroll its projects. Italpinas Chairman Romolo ...

Curry, Warriors in strong start
BusinessMirror - 4 months ago
In Photo: Stephen Curry plays true to form and finishes with 32 points, nine assists and eight rebounds against the Thunder. OAKLAND, California--Stephen Curry had 32 points, nine assists and ...

Bayron grabs lead
BusinessMirror - 4 months ago
In Photo: Jay Bayron (right) keeps his hot irons and putting going while Peter Stojanovski stays in the hunt in the second round on Wednesday. JAY BAYRON kept his hot irons and putting going ...

Stock Market 012: Bottoms
BusinessMirror - 4 months ago
The Philippine Stock Exchange Composite index (PSEi) may be hitting a bottom from its nine-month decline, and that is good. This may only be a momentary pause in a longer downtrend, and that is bad.

Sales of ABS-CBN TVplus boxes exceed 6M
BusinessWorld - 4 months ago
ABS-CBN CORP. said on Wednesday it has sold a cumulative total of 6.1 million units of its TVplus boxes as of October, over three years since the media giant launched its digital terrestrial television (DTT) service in 2015. In a statement, ABS-CBN cited a ...

Online Higher Education market report explored in latest research
WhaTech - 4 months ago
By far most of establishments use a learning organization structure for the relationship of online courses. As speculations of division planning advance, electronic improvements to support learning and preparing system keep developing too. The Key Players ...

SE Asia Stocks-Rise with Wall St tide; Philippines extends gains
Reuters - 4 months ago
Lender BDO Unibank Inc rose nearly 3.7 percent to an over one-week high, while conglomerate Ayala Corp gained 1.6 percent. Singapore shares ended 1.2 percent higher, recouping some of the losses over the last two sessions. Oversea-Chinese Banking Corp ...

'Let us go home': Slow Marawi rehab prolongs displaced residents' agony
CNN Philippines - 4 months ago
"San Miguel Corporation and UN Habitat in coordination with JICA, they'll be providing a total of 3,500 housing units. However, we don't have the lots where the permanent houses will be ...

Globe Telecom, KonsultaMD launch 'Hope Bank' for mental health support
CNN Philippines - 4 months ago
Metro Manila (CNN Philippines) -- Globe Telecom, in partnership with 24/7 health hotline KonsultaMD, has launched Hope Bank, a safe online space for people in need of mental health support.