Volatile trading seen
Inquirer - 2016-05-01
Some of the companies expected to disclose first-quarter results this week are Philippine Long Distance Telephone Co., Holcim Philippines and D&L Industries. Annual meetings by Metro Retail Stores Group, China Banking Corp. and Philippine Stock Exchange ...

Election jitters seen to affect stock market
thestandard.com.ph - 2016-05-01
Top gainers last week were consumer-related stocks including Universal Robina, which jumped 3 percent to P20.840 and Jollibee Foods Corp., which climbed 2.8 percent to P229.60. Heavy losers included Alliance Global Group Inc., which dropped 11.9 percent to ...

PLDT to launch mobile Internet service for Filipinos in Japan
BusinessMirror. - 2016-05-01
MULTIMEDIA conglomerate PLDT Inc. has struck a partnership agreement with Japanese tech giant NTT Communications for the launch of its mobile Internet service in Japan. The service--called Smart World--enables the 240,000 Filipinos residing in Japan more ...

PLDT partners with Japan's NTT for new mobile data service
Rappler - 2016-05-01
MANILA, Philippines - A unit of Philippine Long Distance Telephone Company (PLDT) - soon-to-be called PLDT, Incorporated - has tied up with Tokyo-based NTT Communications Corporation for mobile data service bundled with free calls and remittance ...

PLDT Global launches Japan service
Manila Bulletin - 2016-05-01
The Philippine Long Distance Telephone Co. (PLDT) has partnered with NTT Communications to bring mobile internet bundled with free calls and remittance services to 240,000 Filipinos residing in Japan. Through PLDT Global Corp. (PGC) unit PLDT JP GK, the ...

ATI declares P820-M cash dividend
The Daily Tribune - 2016-05-01
Asian Terminals Inc. (ATI) declared a total cash dividend of P820 million, or 41 cents per share, as it delivered another strong overall performance amidst the challenging backdrop in 2015. This was announced by ATI chairman Rashid Abdulla during the ...

Company Overview of O&R Corporate Finance AG
Bloomberg - 2016-05-01
O&R Corporate Finance AG is a boutique investment banking firm that offers financial advisory services. The firm provides mergers and acquisitions, capital restructuring, debt and equity capital raising, and alternative finance raising services.

Key Executives for Da Vinci Capital Management Ltd., Asset Management Arm
Bloomberg - 2016-05-01
Dmitriy Malykhin Ph.D. No Relationships Chief Investment Officer and Portfolio Manager-- Konstantin Pravednikov No Relationships Investment Analyst and Portfolio Manager--

Watch out for anti-competitive mergers in cooking fuel sector: party-list to Competition Commission
interaksyon.com - 2016-05-01
The country now has two large LPG suppliers - Petron Corp. and Liquigaz Philippines Corp. with 35.9 percent and 27.9 percent market shares respectively, according to the 2015 LPG supply/demand report of the Department of Energy (DOE). The market also has ...

Watch out for anti-competitive mergers in cooking fuel sector: party-list to Competition Commission
interaksyon.com - 2016-05-01
The country now has two large LPG suppliers - Petron Corp. and Liquigaz Philippines Corp. with 35.9 percent and 27.9 percent market shares respectively, according to the 2015 LPG supply/demand report of the Department of Energy (DOE). The market also has ...

DoubleDragon ramps up expansion of CityMalls
MSN - 2016-04-30
DOUBLEDRAGON Properties Corp., the real estate firm owned by the founders of Jollibee and Mang Inasal, may hit its target to build 100 branded community malls ahead of its 2020 target, a top official said on Tuesday. DoubleDragon Chairman and Chief ...

Major U.S. airlines up fares in sign of first sector-wide hike since June
MSN - 2016-04-30
Delta Air Lines Inc increased prices Monday on flights by up to $4 one-way, travel search website FareCompare said Tuesday, adding that Southwest Airlines Co has followed suit. American Airlines Group Inc also raised U.S. domestic fares by $3 one-way to ...

Business Agenda
Manila Bulletin - 2016-04-30
In a country separated by over 7,000 islands, food preparations vary from island to island. But Pampanga has always been known as the capital of authentic Philippine cuisine. More than ever, several food brands have come to capitalize on the Kapampangan ...

Business Agenda
Manila Bulletin - 2016-04-30
Megaworld, through its subsidiary Global-Estate Resorts, Inc. (GERI), invites locals and tourists during the Laboracay 2016 weekend to join a coastal clean-up after the weekend's various parties and events. "Boracay Island has seen the benefits of ...

Company Overview of Integrated Micro-Electronics Mexico, S.A.P.I. de C.V.
Bloomberg - 2016-04-30
Integrated Micro-Electronics Mexico, S.A.P.I. de C.V. manufactures and sells electronic components and plastic injection moldings primarily for the automotive and household industries. Integrated Micro-Electronics Mexico, S.A.P.I. de C.V. was formerly ...

So sue us--Sara Duterte
Philippine Daily Inquirer - 2016-04-30
managing director and chief financial officer of Ayala Corp., which owns BPI, said in the statement. "The deposit slip shown by Mar (Liberal Party presidential standard-bearer Mar Roxas) or the Inquirer is not a unique thing," Limcaoco said ...

Weekend road rehab set in QC
Manila Bulletin - 2016-04-30
The affected roads include Commonwealth Avenue - Riverside to opposite Sandigan (2nd lane from center island, Southbound); Commonwealth Avenue from Ever Gotesco Mall to Sandiganbayan (2nd lane from center island, Northbound); Congressional Avenue ...

Derrick Monasterio and Bea Binene perform Joey De Leon's 'Itaktak Mo' | Lip Sync Battle Philippines
GMA Network - 2016-04-30
Derrick Monasterio and Bea Binene take on Joey De Leon's novelty hit 'Itaktak Mo' in the Round 2 of Lip Sync Battle Philippines. May surprise appearance pa ang Sexbomb Dancers! View career opportunities in GMA Network, Inc.

Duterte camp releases BPI document showing P27K account balance
Philippine Daily Inquirer - 2016-04-30
Paola Alvarez said in a statement. Alvarez then quoted Jose Teodoro Limcaoco, Managing Director and Chief Financial Officer of Ayala Corporation, owner of BPI, saying there has been no breach of client confidentiality amid the controversies surrounding the ...

Petron to hike LPG prices by Php 1.55/kg
Manila Bulletin - 2016-04-30
MANILA, April 30 -- Petron Corporation will hike liquefied petroleum gas prices by Php 1.55 per kilogram at 6 a.m. on Sunday, May 1. In an advisory, the oil firm said it would also increase AutoLPG prices by 90 centavos per liter. Petron said the hike ...

Atlas trims capex to $27 M
Philstar - 2016-04-30
MANILA, Philippines - Listed Atlas Consolidated Mining and Development Corp. is reducing its capital expenditures to $27 million from the original planned spending of $104 million as it lowered the throughput of its mine in Cebu. The planned capital ...

DPWH to continue Quezon City road reblocking until May 2
Manila Bulletin - 2016-04-30
The roads that will undergo repair are the ones along Commonwealth Avenue Riverside to opposite Sandigan (2nd lane from center island, Southbound); along Commonwealth Avenue from Ever Gotesco Mall to Sandigan (2nd lane from center island, Northbound ...

Another Chattanooga bank gets a new name
Times Free Press - 2016-04-30
Another new banking name entered the Chattanooga market this week when the Ooltewah-based Community Trust & Banking Co ... the bank had 33 employees. Last year, the FDIC listed Community Trust was the 13th biggest of the 28 banks operating in metropolitan ...

Petron to hike cooking, auto LPG prices on Labor Day
GMA Network - 2016-04-30
Petron Corp. on Saturday announced that it will increase the prices of its LPG products on Labor Day. In an advisory posted on its Facebook account, Petron said it will increase the prices of its cooking gas by P1.55 per kilogram. It also said that it will ...

Duterte admits BPI accounts
MSN - 2016-04-30
After earlier denying the existence of alleged Bank of the Philippine Islands (BPI) bank accounts, Davao City Mayor Rodrigo Duterte backtracked and admitted he has several bank accounts, including two at BPI - Julia Vargas and Edsa Greenhills branches.

Filinvest upbeat on power business
Manila Standard Today - 2016-04-29
The company generated P49.3 billion in revenues last year, with 43 percent coming from real estate business units Filinvest Land Inc. and Filinvest Alabang Inc. FDC and Filinvest Land recently won the bid for the privatization of the former Mimosa Leisure ...

2Go Travel taps Globe solution to facilitate mobile phone payments
thestandard.com.ph - 2016-04-29
Globe Business senior advisory for enterprise and IT enabled services group Mike Frausing thanked 2Go Travel for the trust and confidence in Globe for expanding payment capabilities through Globe Charge. "As the leading ICT enabler in the Philippines ...

Higher Roxas profit
thestandard.com.ph - 2016-04-29
Roxas Holdings Inc., a unit of Hong Kong-based First Pacific Co. Ltd., expects net income in 2016 to surge to P235.52 million from just P18.5 million a year ago on higher revenues from its sugar and ethanol businesses. Roxas Holdings said in a filing with ...

Higher Roxas profit
Manila Standard Today - 2016-04-29
Roxas Holdings Inc., a unit of Hong Kong-based First Pacific Co. Ltd., expects net income in 2016 to surge to P235.52 million from just P18.5 million a year ago on higher revenues from its sugar and ethanol businesses. Roxas Holdings said in a filing with ...

Election 2016: Familiar voices among Pasay choices
Philippine Daily Inquirer - 2016-04-29
Del Rosario has been the executive vice president of real estate lessor Wodel Inc. since 1975. He also served as director of Araneta Properties Inc., Delsa Chemicals & MultiProducts Inc., Emcor Inc., and K Servico Trade Inc. He ran for mayor in 2013.

Election 2016: Familiar voices among Pasay choices
Philippine Daily Inquirer - 2016-04-29
Del Rosario has been the executive vice president of real estate lessor Wodel Inc. since 1975. He also served as director of Araneta Properties Inc., Delsa Chemicals & MultiProducts Inc., Emcor Inc., and K Servico Trade Inc. He ran for mayor in 2013.

Duterte admits BPI accounts
Philstar - 2016-04-29
Mike Toledo of the MVP Group, my niece Ritzi Ronquillo of Holcim Philippines, and many others. To register for this very timely conference, interested parties may visit www.sustainabilitysummit.ph. Tidbits The Court of Appeals (CA) issued a temporary ...

Stocks continue to decline
Inquirer - 2016-04-29
Other actively traded companies were Alliance Global Group Inc., unchanged at P14.50; Puregold Price Club Inc., down 1.47 percent to P40.20; SM Investments Corp., down 0.21 percent to P944; Bank of the Philippine Islands, down 0.22 percent to P90.50 ...

Meralco, Semirara expand partnership, to build plant
Inquirer - 2016-04-29
Semirara Mining and Power Corp. and Meralco Powergen Corp., a wholly owned subsidiary of the Manila Electric Co. (Meralco), have added a new dimension to existing ties as they agreed to jointly develop a 700-megawatt (MW) coal-fired power plant in Calaca ...

Filinvest upbeat on power business
thestandard.com.ph - 2016-04-29
Filinvest Development Corp., the holding company of the Gotianun family, expressed optimism over its growth prospects this year as it prepares for the opening of a 405-megawatt coal plant in Misamis Oriental province in the second quarter. "We are ...

BPI denies alleged breach of client confidentiality
Manila Bulletin - 2016-04-29
The Bank of the Philippine Islands on Friday (April 29, 2016) denied allegations that there has been a breach of client confidentiality after a BPI account involving presidential candidate Davao City Mayor Rodrigo Duterte was exposed by vice presidential ...

BPI denies alleged breach of client confidentiality
Manila Bulletin - 2016-04-29
The Bank of the Philippine Islands on Friday (April 29, 2016) denied allegations that there has been a breach of client confidentiality after a BPI account involving presidential candidate Davao City Mayor Rodrigo Duterte was exposed by vice presidential ...

Philex Q1 net income up 38%
BusinessMirror. - 2016-04-29
PHILEX Mining Corp. recorded a net income of P402 million during the first quarter of the year. Compared to the first four months of the previous year, this is higher by 38 percent, which officials of Philex attributed to lower operational costs amid the ...

FDC sees stronger earnings growth from its power business
Manila Bulletin - 2016-04-29
Filinvest Development Corporation (FDC) expects earnings to surge this year as its power business begins to make substantial contributions to its bottomline. "We are excited this year as we expect to start commissioning the first unit of our 3 x 135 MW ...

Today's Dead Cat Bounce Stock Is SM Energy (SM)
The Street - 2016-04-29
See the FREE profile for SM NOW at Trade-Ideas More details on SM: SM Energy Company, an independent energy company, engages in the acquisition, exploration, development ... a signal of major weakness within the corporation. Compared to other companies ...

President Aquino dismayed after bidding for Laguna dike project fails
Manila Bulletin - 2016-04-29
Prime Asset Ventures Inc., Hanshin Engineering Constructions); San Miguel Holdings Corp.; and Trident Infrastructure and Development Corp. (composed of Aboitiz Equity Ventures Inc., Ayala Land Inc., Megaworld Corp. and SM Prime Holdings Inc.), did not ...

President Aquino dismayed after bidding for Laguna dike project fails
Manila Bulletin - 2016-04-29
Prime Asset Ventures Inc., Hanshin Engineering Constructions); San Miguel Holdings Corp.; and Trident Infrastructure and Development Corp. (composed of Aboitiz Equity Ventures Inc., Ayala Land Inc., Megaworld Corp. and SM Prime Holdings Inc.), did not ...

Semirara Mining, Meralco seal partnership for Calaca plant expansion
Philstar - 2016-04-29
MANILA, Philippines - Semirara Mining and Power Corp. has formalized its partnership with Manila Electric Co. (Meralco) for the expansion of the Calaca coal-fired power plant in Batangas. In a disclosure to the Philippine Stock Exchange, Semirara said it ...

AF Payments partners with bus operators for beep card
Manila Bulletin - 2016-04-29
AF Payments Inc., a consortium of Metro Pacific Investments Corp. (MPIC) and Ayala Corp., partnered with three bus operators to accept payment through the contactless beep card, its tap and go payment scheme. The consortium reached agreements with ...

AF Payments partners with bus operators for beep card
Manila Bulletin - 2016-04-29
AF Payments Inc., a consortium of Metro Pacific Investments Corp. (MPIC) and Ayala Corp., partnered with three bus operators to accept payment through the contactless beep card, its tap and go payment scheme. The consortium reached agreements with ...

Globe brings Fiber to Binondo SMEs, eyes $2B rollout
Rappler - 2016-04-29
MANILA, Philippines - Globe Telecom plans to spend around $2 billion to spread high-speed broadband across the country and has found a template for what it hopes to be a quicker rollout of its high-speed Fiber broadband in Chinatown. Globe had previously ...

Bangko Sentral foils attempts to hack its website
MSN - 2016-04-29
BSP Governor Amando Tetangco Jr. revealed this yesterday on the sidelines of the Financial Inclusion Summit 2016 organized by the Bank of the Philippine Islands. "Yes, there were attempts and I think this is a fact of life, but we were able to turn them ...

Roxas Holdings gets PSE approval for share sale
BusinessWorld Online - 2016-04-29
ROXAS HOLDINGS, Inc. (RHI) secured the approval of the Philippine Stock Exchange, Inc. (PSE) to kick off the sale of new shares to existing investors that will raise funds for expansion and debt settlement. RHI is raising P1.11 billion from a stock rights ...

BPI denies breach of client confidentiality
MSN - 2016-04-28
In light of the recent controversy involving an account of presidential candidate Davao City Mayor Rodrigo Duterte with the Bank of the Philippine Islands (BPI), the Ayala-led lender on Friday denied allegations of a breach of client confidentiality.

BPI denies breach of client confidentiality
MSN - 2016-04-28
In light of the recent controversy involving an account of presidential candidate Davao City Mayor Rodrigo Duterte with the Bank of the Philippine Islands (BPI), the Ayala-led lender on Friday denied allegations of a breach of client confidentiality.