Shell, Petron, Flying V to lower pump prices Tuesday
GMA Network - 2016-05-09
Customers of Flying V, Petron Corp. and Pilipinas Shell Petroleum Corp. will be greeted by cheaper prices of petroleum products on Tuesday. The oil companies on Monday announced a price rollback to reflect changes in global prices. Shell, Petron ...

Verbal U-turns make Du30 hard to decipher
Philippine Daily Inquirer - 2016-05-08
Critics, however, proved the bank account at the Bank of the Philippine Islands (BPI) existed by depositing a token amount to get a receipt that showed the names of Duterte and his daughter, prompting Duterte to acknowledge he had the account. He then ...

I will be a dictator vs bad guys-Duterte
Philippine Daily Inquirer - 2016-05-08
Dominguez is the head of Alcantara & Sons. Businessman Tomas Alcantara of the Alsons Group, a former trade undersecretary, had likewise been mentioned. For the position of budget secretary, one potential contender is Rep. Isidro Ungab, who is finishing his ...

Property, consumer stocks to soar amid election
Big News Network - 2016-05-08
With the entire nation focused on today's national election, investors are expected to remain cautious in making a decision but whatever the result be, data still show that consumer as well as property stocks will continue to be the most favored sectors in ...

PSE fines firms for failure to file annual report
Manila Bulletin - 2016-05-08
Hotel Corp. (ACE); Agrinurture Inc. (ANI); Alliance Select Foods International Inc. (FOOD); Century Peak Metals Holdings Corp. (CPM); Chemical Industries of the Philippines ... Holdings Company Inc. (UNI); Wellex Industries Inc. (WIN).

MPIC to spend P116.2 billion for new expressways
BusinessMirror. - 2016-05-08
The company has the concession rights to build P18-billion Connector Road, the P10.7-billion C-5 South Link Road, the P50-billion Cavite-Laguna Expressway (Calax), the P27-billion Cebu Third Bridge and the P10.5-billion Segment 10 of the North Luzon ...

Stock investors likely to wait for poll results
thestandard.com.ph - 2016-05-08
Top gainers last week were Filinvest Development Corp., which jumped 4.6 percent to P5.70; Philex Mining Corp., which advanced 3.9 percent to P6.14; and PAL Holdings Inc., which rose 3.9 percent to P5.08. Heavy losers were Pepsi Cola Products Philippines ...

Semirara to expand Batangas coal plant
thestandard.com.ph - 2016-05-08
Semirara Mining and Power Corp. plans to expand its 600-megawatt, coal-fired power plant in Calaca, Batangas province by 100 MW with potential investments reaching $150 million to $160 million. Semirara Mining chairman Isidro Consunji told reporters the ...

Semirara to expand Batangas coal plant
Manila Standard Today - 2016-05-08
Semirara Mining and Power Corp. plans to expand its 600-megawatt, coal-fired power plant in Calaca, Batangas province by 100 MW with potential investments reaching $150 million to $160 million. Semirara Mining chairman Isidro Consunji told reporters the ...

2GO launches premium sea vessel Travel company ups local tourism with M/V St. Therese of the Child Jesus
thestandard.com.ph - 2016-05-08
This will soon be changed with premier land/sea trip provider 2GO Travel which has been upping domestic travel by providing passengers with world-class and cruise-like experiences on board. Passenger entance to M_V St. Therese of the Child Jesus 16,622-ton ...

In the eye of the storm, EDC adapts to climate realities
Inquirer - 2016-05-08
To help us think about what we need to do to create a climate-resilient nation, allow me to share our story at Energy Development Corporation (EDC ... closely with our sister company TV network ABS-CBN that had relief goods and supplies bottlenecked ...

Globe Telecom opens another gen3 store
Manila Bulletin - 2016-05-08
After opening its 12th Gen3 Store in KCC Mall de Zamboanga recently, Globe now opens Gen3 for premium dealership nationwide. By opening new stores in strategic locations around the Philippines, Globe would be able to expand coverage and allow more ...

PH healthcare industry set for growth
Inquirer - 2016-05-08
A relatively new entrant into the healthcare space is the Qualimed Health Network, owned and operated by the Mercado Hospital Group in partnership with Ayala Land. Qualimed currently has seven operational facilities with four more (two hospitals and two ...

SEM-Calaca Power allots $160 million to rehab Batangas coal plant
BusinessMirror. - 2016-05-08
Back then, the group spent $60 million for repairs and rehabilitation. Semirara Mining is owned by DMCI Holdings Inc. of the Consunji Group. It is engaged in the exploration, development and mining of coal resources in the Philippines. The company holds ...

PSE reelects board for 6th term
Manila Bulletin - 2016-05-08
and Italpinas Development Corporation which sold P207 million worth of shares. "Despite the external volatility, we are hoping that the level of local activity will more than compensate for a lot of market volatility that could happen," Sicat said.

PNoy votes in Tarlac today
Manila Bulletin - 2016-05-08
The President is expected to arrive before noon at the Central Azucarera de Tarlac Elementary School in Barangay Central, this city, the Philippine Information Agency (PIA) reported. Beltran said Aquino will vote at Precinct 175-A along with his sisters ...

PNoy votes in Tarlac today
Manila Bulletin - 2016-05-08
The President is expected to arrive before noon at the Central Azucarera de Tarlac Elementary School in Barangay Central, this city, the Philippine Information Agency (PIA) reported. Beltran said Aquino will vote at Precinct 175-A along with his sisters ...

PNoy votes in Tarlac today
Manila Bulletin - 2016-05-08
The President is expected to arrive before noon at the Central Azucarera de Tarlac Elementary School in Barangay Central, this city, the Philippine Information Agency (PIA) reported. Beltran said Aquino will vote at Precinct 175-A along with his sisters ...

Enough power for poll, counting centers guaranteed - DOE
Philippine Daily Inquirer - 2016-05-08
DOE, NGCP, the National Transmission Corp., the National Power Corp. (in charge of power in off-grid areas), the National Electrification Administration (in charge of electricity cooperatives), and Meralco (Manila Electric Company ) have all sent personnel ...

Key Executives for Pepsi-Cola Products Philippines, Inc.
Bloomberg - 2016-05-08
Furqan Ahmed Syed 7 Relationships President, Director and Member of Executive Committee 42 Imran Moid No Relationships Chief Financial Officer, Senior Vice-President and Member of Executive Committee 46 Domingo F. Almazan No Relationships Head of National ...

Top companies and PR agencies vie for the highest honors at the Philippine Quill Awards
adobomagazine.com - 2016-05-08
The nominees for Company of the Year are ABS-CBN Corporation, Manila Electric Company (MERALCO), PLDT, Smart Communications, Inc., and Unilever Philippines. Battling to be Agency of the Year are DDB Tribal Worldwide Philippines, EON The Stakeholder ...

Long March-7 rocket delivered to launch site
Manila Bulletin - 2016-05-08
It has taken researchers eight years to develop the medium-sized rocket, which can carry up to 13.5 tonnes to low Earth orbit, said Li Hong, director of the Carrier Rocket Technology Research Institute with the China Aerospace Science and Technology ...

Company Overview of BridgePoint International, LLC
Bloomberg - 2016-05-08
BridgePoint International, LLC offers facility management services. The company is based in New York, New York. As of August 22, 2006, BridgePoint International, LLC operates as a subsidiary of Starts Amenity Co., Ltd.

Pag-Ibig fund to implement E-payment, collection facility
news.pia.gov.ph - 2016-05-08
The Pag-Ibig accredited partner banks as of November 2015 are CBC, Union Bank of the Philippines, Bank of Philippine Islands and Security Bank Corporation. Bancnet participating banks are Metrobank, RCBC, Citibank, Union Bank Corporation, Asia United Bank ...

Pag-Ibig fund to implement E-payment, collection facility
news.pia.gov.ph - 2016-05-08
Bancnet participating banks are Metrobank, RCBC, Citibank, Union Bank Corporation, Asia United Bank, Development Bank of the Philippines, CTBC bank, East West Bank and East West Bank and Philippine National Bank. (MCA/Ruel Orinday/ PIA-Quezon with reports ...

Business Agenda
Manila Bulletin - 2016-05-07
The ever-evolving business landscape is changing once again - but this time, the change, initiated by business leaders, is happening at the base of the pyramid. At the 2nd Inclusive Business Asia Forum led by the Asian Development Bank at its Manila ...

Break free from dirty energy
BusinessMirror. - 2016-05-07
particularly against the proposed 600-megawatt coal plant of JG Summit Holdings in Barangay Pinamucan Ibaba, Batangas City. Organized by the Archdiocese of Lipa, led by Lipa Archbishop Ramon Arguelles, the event called "Piglas Batangas, Piglas Pilipinas ...

Metro Retail allots P15B to fund store expansion
BusinessMirror. - 2016-05-07
CEBU--Metro Retail Stores Group Inc. (MRSGI) is investing up to P15 billion to fund its five-year plan of doubling its network of establishments to 800,000 square meters in terms of gross floor area (GFA). "We aim to build on our gains and bring our ...

Nonpolitical winners
Inquirer Opinion - 2016-05-07
Kudos also to second-placer Athena Plaza of the University of San Carlos. She reaffirmed that her alma mater is probably the best law school outside Metro Manila. I also felicitate the Bar Exam Committee headed by Justice Teresita J. Leonardo-De Castro for ...

Company Overview of KeySpan Energy Development Corporation
Bloomberg - 2016-05-07
KeySpan Energy Development Corporation provides electric generation, exploration and production of natural gas, natural gas pipelines, midstream natural gas processing, and gathering facilities, and gas storage services in Northeast region of the United ...

Philippines moves up in regional corruption survey
Philstar - 2016-05-07
"The Philippines was the only country we surveyed where there was an improvement of more than five percent. This is an example of how leadership can make a difference," PERC said in the report. "President Aquino has personally maintained an image for ...

2GO Express completes VCM, ballot deployment in time for May 9 polls
Philippine Daily Inquirer - 2016-05-07
Both 100-percent Filipino companies, 2GO Express and 2GO Logistics are part of the 2GO Group, Inc., the largest premier logistics firm in the Philippines. 2GO Express provides express document, parcel and cargo delivery service nationwide and also serves ...

2GO Express completes VCM, ballot deployment in time for May 9 polls
Philippine Daily Inquirer - 2016-05-07
... and 2GO Logistics are part of the 2GO Group, Inc., the largest premier logistics firm in the Philippines. 2GO Express provides express document, parcel and cargo delivery service nationwide and also serves more than 200 international destinations.

2GO completes VCM, ballot deployment
Manila Bulletin - 2016-05-07
During the 2013 elections, the firm also won the logistics contract for the Visayas. Both 100-percent Filipino companies, 2GO Express and 2GO Logistics are part of the 2GO Group Inc., the largest premier logistics firm in the Philippines.

2GO completes VCM, ballot deployment
Manila Bulletin - 2016-05-07
During the 2013 elections, the firm also won the logistics contract for the Visayas. Both 100-percent Filipino companies, 2GO Express and 2GO Logistics are part of the 2GO Group Inc., the largest premier logistics firm in the Philippines.

2GO completes VCM, ballot deployment
Manila Bulletin - 2016-05-07
During the 2013 elections, the firm also won the logistics contract for the Visayas. Both 100-percent Filipino companies, 2GO Express and 2GO Logistics are part of the 2GO Group Inc., the largest premier logistics firm in the Philippines.

People & Events
Visayan Daily Star - 2016-05-07
The Bank of the Philippine Islands Foundation Inc. recently turned over a three storey eco-building building at the Sagay National High School as part of its typhoon Yolanda rebuilding efforts. The new eco-building consisting of nine classrooms is typhoon ...

Anglo raises stake in United Paragon
m.bworldonline.com - 2016-05-07
THE Ramos family of the National Book Store has acquired more shares in United Paragon Mining Corp. (UPM). Anglo Philippines Holdings Corp. purchased two billion shares in the miner on Thursday and another 1.62 billion shares on Friday at P0.0083 per share ...

China's third-quarter growth falls to 6.6%: AFP poll
MSN - 2016-05-06
China's growth slipped to a seven-year low of 6.6 percent in the third quarter, according to an AFP survey, despite ample stimulus and a red-hot property market in the world's second-largest economy. The median forecast for expansion in gross domestic ...

Aboitiz Equity hikes group income to P5b
thestandard.com.ph - 2016-05-06
... Equity Ventures Inc., the holding company of the Aboitiz Group, posted a consolidated net income of P5 billion in the first quarter of 2016, up 24 percent year-on-year, on the strong performance of its power, banking and financial services, and ...

Aboitiz Equity hikes group income to P5b
Manila Standard Today - 2016-05-06
Aboitiz Equity Ventures Inc., the holding company of the Aboitiz Group, posted a consolidated net income of P5 billion in the first quarter of 2016, up 24 percent year-on-year, on the strong performance of its power, banking and financial services ...

PHL most improved country in integrity perception survey
BusinessMirror. - 2016-05-06
The Philippines topped the list of 16 most improved countries in curbing corruption, according to a recent survey done by Political & Economic Risk Consultancy Ltd. (PERC). "The Philippines was the only country we surveyed where there was an improvement ...

PHL most improved country in integrity perception survey
BusinessMirror. - 2016-05-06
The Philippines topped the list of 16 most improved countries in curbing corruption, according to a recent survey done by Political & Economic Risk Consultancy Ltd. (PERC). "The Philippines was the only country we surveyed where there was an improvement ...

Ex-PNP chief indicted for graft
Philippine Daily Inquirer - 2016-05-06
However, its investigation showed that the company actually tapped a third-party service, leading courier firm LBC Express Inc., for the delivery of the gun licenses since it did not have the capacity to perform door-to-door delivery service. It said LBC ...

Market declines; Puregold, SBC rise
thestandard.com.ph - 2016-05-06
Losers outnumbered gainers, 95 to 80, while 47 issues were unchanged. Twelve of the 20 most active stocks ended in the green, led by property developer Megaworld Corp., which climbed 3.6 percent to P3.70. Retailer Puregold Price Club Inc. rose 2.2 percent ...

Century Pacific gets P1.15-B loan
Inquirer - 2016-05-06
Century Pacific Food Inc., the company behind the Century Tuna and Argentina Corned Beef beef brands, secured a loan to partly pay for the acquisition of a Mindanao-based affiliate that makes coconut-based products like juice and oil. In a stock exchange ...

Bringing the grandeur of Versailles to Alabang
Inquirer - 2016-05-06
if not a monument to the artistry of humanity," Roxas said as he partnered with the world-renowned architectural design and planning firm Palafox Associates, which masterplanned Versailles, designed not just the house models but the interiors as well ...

RCBC prexy Lorenzo Tan resigns, RCBC Board clears him of any wrongdoing
Manila Bulletin - 2016-05-06
MANILA, May 6 -- The Board of Directors of the Yuchengo-led Rizal Commercial Banking Corporation (RCBC) has accepted the resignation of its president and chief executive officer (CEO), Lorenzo V. Tan. This even as the RCBC Board has cleared Tan ...

Century Pacific Food gets additional P1.15-B loan
Manila Bulletin - 2016-05-06
Century Pacific Food, Inc. has secured a 5-year fixed rate term loan amounting to P1.15 billion to partially refinance short-term loans that were obtained for the P4.5-billion acquisition of Century Pacific Agricultural Ventures, Inc. In a disclosure to ...

Ombudsman files charges vs Purisima, 16 others
Manila Bulletin - 2016-05-06
Ombudsman Conchita Carpio Morales has ordered the filing of graft and corruption charges with the Sandiganbayan against former Philippine National Police (PNP) Chief Alan Purisima, 11 other police officers, and the five incorporators of a courier company ...