Lopez Holdings income rose 65% to P6.19 billion last year
BusinessMirror. - 2016-04-15
LOPEZ Holdings Inc. said its income rose 65 percent last year, after the company was able to partially recover the losses from Bayantel, its former telecommunications unit. The holding firm of the Lopez family said its income attributable to equity holders ...

Lopez Holdings income rose 65% to P6.19 billion last year
BusinessMirror. - 2016-04-15
LOPEZ Holdings Inc. said its income rose 65 percent last year, after the company was able to partially recover the losses from Bayantel, its former telecommunications unit. The holding firm of the Lopez family said its income attributable to equity holders ...

Alliance Global ends 2015 at record P21.6-B net income
GMA Network - 2016-04-15
Alliance Global Group Inc. (AGI) posted a record P21.6-billion net income in 2015, on the back of sustained performance of its businesses. The publicly listed conglomerate on Friday said its 2015 net income registered a 3.5-percent improvement year-on-year.

Lopez Holdings nets P6.2B
Inquirer - 2016-04-15
CONGLOMERATE Lopez Holdings grew attributable net income last year by 65 percent to P6.19 billion, as the partial recovery of impairment losses related to its erstwhile telecom unit added to robust earnings from its power generation and broadcasting ...

Aboitiz, Meralco keen on turning around Zamboanga power coop
Philstar - 2016-04-15
Zamcelco has tapped a third-party consultant to undertake an investment management contract (IMC) to improve its operations and financial standing, Alsons Consolidated Resources Inc. executive vice president Tirso Santillan said in a recent interview.

Cosco posts record R4.5-B profit in 2015
Manila Bulletin - 2016-04-15
Cosco Capital, Inc., the retail holding firm of businessman Lucio Co, reported a 12 percent growth in attributable net income to a record R4.49 billion last year from the R4.03 billion earned in 2014. "With continued economic growth and strong consumer ...

Cosco posts record R4.5-B profit in 2015
Manila Bulletin - 2016-04-15
Cosco Capital, Inc., the retail holding firm of businessman Lucio Co, reported a 12 percent growth in attributable net income to a record R4.49 billion last year from the R4.03 billion earned in 2014. "With continued economic growth and strong consumer ...

Audit Committee of Emperador Inc.
Bloomberg - 2016-04-15
Andrew Tan 24 Relationships Non Executive Chairman and Member of Audit Committee Alejo Villanueva Jr. 18 Relationships Independent Director, Chairman of Audit Committee, Chairman of Nomination Committee and Chairman of Remuneration Committee Winston Co 8 ...

Forum focuses on township development in WV
news.pia.gov.ph - 2016-04-15
Eduardo Destura. Resource persons on the second day are Emmanuel Cortero, representatives of Ayala Land Inc., and Megaworld Corporation. Representatives from the two giant property developers were tasked to discuss their projects and development plans in ...

GMA profits more than double to P2.13B
Manila Bulletin - 2016-04-15
GMA Network, Inc. (GMA) generated a net income of P2.13 billion in 2015, equivalent to a remarkable 111 percent improvement from the P1.01 billion recorded in 2014. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues stood ...

Realities we have to live with
Visayan Daily Star - 2016-04-15
My wife and I had a quarrel with some staff of the Philippine Long Distance Telephone last Saturday. It started when I called up PLDT in Makati via its hotline 171. It was my fifth call to PLDT Makati since last month to follow up the activation of our ...

Bloomberry reports P3.38B loss in 2015
Manila Bulletin - 2016-04-15
Bloomberry Resorts Corporation, owner and operator of the Solaire Resort & Casino and Jeju Sun Hotel & Casino, reported an audited consolidated net loss of P3.38 billion in 2015 from a net profit of P4.07 billion in 2014. In a disclosure to the Philippine ...

Bloomberry Resorts Swings to PHP3.38 Billion Net Loss in 2015
4 Traders - 2016-04-15
MANILA--Philippine listed casino and resorts operator Bloomberry Resorts Corp. (BLOOM.PH) said it suffered a net loss of 3.38 billion pesos ($73.1 million) in 2015, a sharp reversal from a year-earlier profit of 4.07 billion pesos, due to large ...

GMA Network caps off 2015 with 111 percent increase in net income
marketing-interactive.com - 2016-04-15
GMA Network, Inc. (GMA) ended 2015 with remarkable results as it generated a net income of P2.126 billion, equivalent to a 111 percent improvement from the P1.010 billion recorded in 2014. Consolidated revenues stood at P13.727 billion, up 15 percent from ...

SPC makes highest offer, P219M, in negotiated sale for Power Barge 104
interaksyon.com - 2016-04-15
The two other companies who joined the negotiated sale were Trans-Asia Oil and Energy Development Corporation and D.M. Wenceslao & Associates, Incorporated. PB 104 was commissioned in 1981 and started operation in 1985. It is located at the Holcim ...

SPC makes highest offer, P219M, in negotiated sale for Power Barge 104
interaksyon.com - 2016-04-15
The two other companies who joined the negotiated sale were Trans-Asia Oil and Energy Development Corporation and D.M. Wenceslao & Associates, Incorporated. PB 104 was commissioned in 1981 and started operation in 1985. It is located at the Holcim ...

Manila Electric : MVP Group Directors and Senior Management attend Corporate Governance Enhancement Session on Cybersecurity
4 Traders - 2016-04-15
Organizers of the CG Enhancement session hailing from the CG offices of the various MVP Group companies From L-R (Standing) Alejandro Kyle Abella (Meralco CG Analyst), Thom Ortega (Meralco Corporate Compliance Manager), Jojo San Gabriel (PLDT CG Officer ...

Ayala Corporation now official PH distributor of KTM motorcycles
topgear.com.ph - 2016-04-15
This union is a special one for the Ayalas. Both Fernando and Jaime Augusto Zobel de Ayala are known motorbike aficionados who go on cross-country road trips on their two-wheel steeds. They have also been known to visit their real-estate developments via ...

Forum focuses on township development in WV
news.pia.gov.ph - 2016-04-15
Eduardo Destura. Resource persons on the second day are Emmanuel Cortero, representatives of Ayala Land Inc., and Megaworld Corporation. Representatives from the two giant property developers were tasked to discuss their projects and development plans in ...

Century Properties profit falls 29 percent
Manila Bulletin - 2016-04-15
Century Properties Group, Inc. reported a 29 percent drop in net income to P1.53 billion last year from P2.16 billion in 2014 as total revenues dipped to P10.38 billion from P12.76 billion. At the end of 2015, the company had total assets of P37.48 billion ...

Lifestyle Network's Spice to Life Features Los Angeles' Trend-Setting Chef Michael Hung
MSN - 2016-04-14
REDWOOD CITY, CA --(Marketwired - April 15, 2016) - This week, Spice to Life explores Los Angeles, the city with one of the most expansive, rule-breaking food scenes with Chef Michael Hung. In this city, the quirk and authenticity of street food is as much ...

Puregold opening more stores
thestandard.com.ph - 2016-04-14
Puregold Price Club Inc., the second largest grocery operator in the Philippines owned by billionaire Lucio Co., plans to increase net sales by 12 percent to 15 percent in 2016, with the opening of more stores and acquisitions. Puregold said in a ...

Puregold opening more stores
thestandard.com.ph - 2016-04-14
Puregold Price Club Inc., the second largest grocery operator in the Philippines owned by billionaire Lucio Co., plans to increase net sales by 12 percent to 15 percent in 2016, with the opening of more stores and acquisitions. Puregold said in a ...

PLDT changing corporate name
thestandard.com.ph - 2016-04-14
Philippine Long Distance Telephone Co. will change its corporate name to PLDT Inc. as its sources of revenues were no longer mainly from the long distance business. PLDT said in a disclosure to the Philippine Stock Exchange its board approved the change in ...

Zamboanga co-op up for sale
thestandard.com.ph - 2016-04-14
Manila Electric Co. and Aboitiz Power Corp. expressed interest to participate in the privatization of Zamboanga City Electric Cooperative Inc. or Zamcelco. National Electrification Administration administrator Edita Bueno said preparations for the ...

16 firms self-generating 166-MW from biomass energy - Zubiri
thestandard.com.ph - 2016-04-14
Recognition must certainly be given to the other companies that have put up their own biomass power plants to produce energy for their own use, and these are Central Azucarera Don Pedro Inc. in Nasugbu, Batangas (25.52-MW); Busco Sugar Milling Co. Inc. in ...

CH to finalize terminal transfer to SM Seaside
Philstar - 2016-04-14
CEBU, Philippines - The Cebu City government is finalizing next week the proposal of SM Prime Holdings Inc. to transfer the temporary v-hire terminal at Compania Maritima to the SM Seaside City at the South Road Properties. City administrator Lucelle ...

MCIA welcomes two major F&B brands
Philstar - 2016-04-14
Filipino multinational fastfood chain Jollibee Foods Corporation opened two outlets at the airport -- one at the Domestic Arrivals area and one at the Domestic Departures area. The Domestic Arrivals branch occupies 110 square meters with approximately 30 ...

Puregold Price Club : profit grows 11% in 2015
4 Traders - 2016-04-14
MANILA, Philippines - Puregold Price Club Inc. said its net income hit P5 billion in 2015, up 10. 6 percent year on year amid strong consumer demand. Consolidated net sales grew 14. 7 percent to P97.17 billion mainly coming from its Puregold, SandR and ...

SM wins 7 Philippines Property Awards
interaksyon.com - 2016-04-14
MANILA - After winning the Best Developer Award last year, SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, continued its run of success at the recently concluded Philippines Property Awards 2016.

GERI profit soars in 2015
Philstar - 2016-04-14
MANILA, Philippines - Leisure developer Global-Estate Resorts Inc. (GERI) posted a net income of P667 million last year, 39 percent higher than the previous year. Consolidated revenues amounted to P5.21 billion or 75 percent more than the P2.98 billion ...

Meralco, Aboitiz interested in Zamcelco
BusinessMirror - 2016-04-14
BELEAGUERED electric cooperative Zamboanga City Electric Cooperative (Zamcelco) has caught the interest of Aboitiz Power Corp. and Manila Electric Co. (Meralco) for a possible takeover of its management and operation. The mode of acquisition, the National ...

Foreign banks seen doing less business with locals
BusinessMirror. - 2016-04-14
The Bank of the Philippine Islands (BPI) said on Thursday at the annual stockholders meeting that, as consequence of the ongoing money-laundering investigations, a number of foreign banks conduct fewer business transactions with the banks. "We are not ...

ePLDT elevates cloud productivity partnership with Microsoft
Manila Bulletin - 2016-04-14
ePLDT, the digital enterprise enabler of the PLDT Group, was recently granted the much-coveted Gold Level status for providing Microsoft Office 365 to enterprises. Microsoft Gold Partners get exclusive support and resources direct from Microsoft ...

Meralco expanding network in Zamboanga
Manila Bulletin - 2016-04-14
The entry of deep-pocketed private investors in ZAMCELCO is also one of the most-awaited developments of power project developer Alsons Power Group for its planned 105-megawatt San Ramon coal-fired power facility in the area. Alsons Power chief executive ...

EastWest Bank in acquisition mode
Manila Bulletin - 2016-04-14
Gotianun-owned East West Banking Corp. (EastWest) is on the lookout for merger and acquisition opportunities to grow its business as the Filinvest Group is clear on its strategy to make banking operation a core business along with real estate and power.

Monsalve grabs lead
Manila Bulletin - 2016-04-14
PLDT and Metro Pacific Investments Corp. and hosted by Sherwood Hills Golf Club. Kim, impressive with a 71 and 72 in the first two rounds, stayed in control with an opening 36 but reeled back with a six-over finish marred by a triple bogey on the par-4 17th.

Ssangyong dares to be different
Manila Bulletin - 2016-04-14
This was the challenge hurled by Dave Macasadia, managing director of Ssangyong Berjaya Motor Philippines (SBMP), to Filipino car enthusiasts during the pre-launch press conference at the Manila Polo Club in Makati City last week. SBMP launched the next ...

Puregold 2015 net income up 11%
GMA Network - 2016-04-14
Retailer Puregold Price Club Inc. on Thursday said strong consumer demand lifted its net income by 10.6 percent last year. In a filing with the local bourse, the country's second largest retailer reported a consolidated net income of P5 billion in 2015 ...

Why is it difficult for Bongbong Marcos to apologize?
Rappler - 2016-04-14
He has said it before and continues to say it anyway. He will apologize only for the mistakes he committed. That's a clever way of telling us no, he won't, thank you. The moral injunction behind it is that an innocent child cannot be blamed for the sins of ...

Puregold profit rise 10% to P5B, sets P2.6B capex for 15% growth
Manila Bulletin - 2016-04-14
Puregold Price Club, Inc., the second largest grocery retailer in the Philippines, reported a 10.6 percent improvement in consolidated net income to P5 billion last year from the P4.52 billion earned in 2014. In a disclosure to the Philippine Stock ...

Philtrust Bank INSIDERS ON Board Members
Bloomberg - 2016-04-14
Jaime Laya CPA, Ph.D. 66 Relationships Chairman, President, Chairman of Executive Committee and Member of Trust & Investment Committee 74 Josue Bellosillo 16 Relationships Vice Chairman, Corporate Counsel, Director, Chairman of Nomination, Election ...

PSEi extends gains to fifth straight day
Balita - 2016-04-14
The benchmark Philippine Stock Exchange index (PSEi) advanced 34.44 points to 7,341 ... Corp., Universal Robina Corp., Metro Pacific Investments Corp., Ayala Land Inc. and SM Prime Holdings Inc. (PNA)

CENRO Bislig, AFP plant trees at SurSur Arboretum for Earth Month
news.pia.gov.ph - 2016-04-14
It is located within the Integrated Forest Management Agreement (IFMA) 35 of PICOP Resources Industries in Bislig. The said arboretum is co-managed by Barangay Council of San Roque and DENR through PENRO Surigao del Sur and CENRO Bislig, who formally ...

FEU set to take over Roosevelt College
m.bworldonline.com - 2016-04-14
FAR EASTERN UNIVERSITY, Inc. (FEU) is set to take over Roosevelt College at a reduced purchase price in line with the ongoing consolidation in the industry amid reforms in the Philippine education system. The Montinola-led firm entered into a share ...

CENRO Bislig, AFP plant trees at SurSur Arboretum for Earth Month
news.pia.gov.ph - 2016-04-13
It is located within the Integrated Forest Management Agreement (IFMA) 35 of PICOP Resources Industries in Bislig. The said arboretum is co-managed by Barangay Council of San Roque and DENR through PENRO Surigao del Sur and CENRO Bislig, who formally ...

Roxas, Robredo to rivals: Why raise doubts on surveys now?
MSN - 2016-04-13
Ngayon na kami'y nangunguna sa survey, ang dami nilang reklamo," he added. Roxas cited the organization called Silent Majority, his solid group of supporters who have come out on social media and on the streets to publicly campaign for the administration ...

Trans-Asia to invest in oil assets overseas
Manila Standard Today - 2016-04-13
Trans-Asia Petroleum Corp., the oil and gas unit of Trans-Asia Oil and Energy Development Corp., is interested in oil and gas explorations in Australia and Indonesia. "Recent developments affecting global prices of oil have emboldened your company to ...

Trans-Asia to invest in oil assets overseas
thestandard.com.ph - 2016-04-13
Trans-Asia Petroleum Corp., the oil and gas unit of Trans-Asia Oil and Energy Development Corp., is interested in oil and gas explorations in Australia and Indonesia. "Recent developments affecting global prices of oil have emboldened your company to ...

FEU finalizes Roosevelt sale
thestandard.com.ph - 2016-04-13
Far Eastern University Inc. of the Montinola family said Wednesday it finalized a deal to acquire up to 99.42 percent of Roosevelt College Inc. for P1 billion. FEU said in a disclosure to the stock exchange it signed a share purchase agreement with certain ...