FEU finalizes Roosevelt sale
Manila Standard Today - 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 ...

Italpinas gets P350-million DBP loan for Cagayan de Oro project
BusinessMirror - 2016-04-13
ITALPINAs Development Corp., a property developer of environment-friendly buildings, said it was able to convince state-owned Development Bank of the Philippines (DBP) to fund part of the construction cost of its project in Cagayan de Oro City. The company ...

Key Executives for Panasonic System Networks Philippines Corporation
Bloomberg - 2016-04-13
WD-40 Company Declares Regular Quarterly Dividend, Payable on April 29, 2016; Announces Appointment of Daniel T. Carter as Board of Directors

JG Summit income jumps 24% in 2015
Philstar - 2016-04-13
MANILA, Philippines - Gokongwei-owned JG Summit Holdings Inc. reported a 24 percent growth in net profit last year to P22.61 billion, driven by the robust performance of core businesses. Consolidated revenues amounted to P229.27 billion, up 24.1 percent ...

Rumored rift between Grace and Chiz
Philippine Daily Inquirer - 2016-04-13
SM Prime Holdings is on a roll. After bagging the Best Developer Award last year, SM Prime took seven awards at a real estate event held April 7 at Fairmont Hotel in Makati City. The awards were for Best Commercial Development, Best Retail Development ...

PLDT plans new HQ
Philstar - 2016-04-13
MANILA, Philippines - Telco giant Philippine Long Distance Telephone Co. (PLDT) is looking to redevelop two properties in Makati City to be offered for sale as it plans to move to a new headquarters. PLDT chairman and chief executive officer Manuel V.

Trans Asia Petroleum : -Asia pursues investment in LNG
4 Traders - 2016-04-13
, (to be renamed Phinma Energy Corp.), is pursuing investments in the liquefied natural gas (LNG) sector The company is venturing into the LNG sector amid the need for new sources of fuel as the Malampaya deep water gas-to-power project is nearing ...

Cement maker bullish on market
Inquirer - 2016-04-13
The head of Holcim Philippines Inc. expects the local cement industry to sustain its bullish run this year with sales volume seen growing by as much as 8 to 10 percent. This was on the back of increased infrastructure spending by the government and the ...

Stephen Colbert's 'Late Show' gets new boss from 'CBS This Morning'
CNN Money - 2016-04-13
While the network remains in third place behind NBC's "Today" and ABC's "Good Morning America," CBS is much more competitive and well-respected nowadays. Ryan Kadro, one of Licht's deputies at "CBS This Morning," will be taking over as executive producer ...

Local firms start drilling Mabini geothermal area
Manila Bulletin - 2016-04-13
The consortium in the venture - Basic Energy Corporation and Trans-Asia Oil and Energy Development Corporation - separately disclosed to the Philippine Stock Exchange (PSE) that the energy department already issued approval on their "notice of intent ...

Megaworld, SMDC cited at PH Property Awards
Manila Bulletin - 2016-04-13
Megaworld Corporation took home its first-ever Best Developer award as well as three more awards and 13 Highly Commended honors at the fourth annual Philippines Property Awards gala dinner. The Dr. Andrew L. Tan-led company started the evening with 16 ...

Who will be the next Mister PH?
Manila Bulletin - 2016-04-13
Yung mabigyan namin siya ng panahon at mae-enjoy ko siya from the start." Aliwan Fiesta, the grand cultural extravaganza produced by Manila Broadcasting Company in tandem with the Cultural Center of the Philippines, once again presents the perfect ...

Who will be the next Mister PH?
Manila Bulletin - 2016-04-13
Yung mabigyan namin siya ng panahon at mae-enjoy ko siya from the start." Aliwan Fiesta, the grand cultural extravaganza produced by Manila Broadcasting Company in tandem with the Cultural Center of the Philippines, once again presents the perfect ...

Audit Committee of San Miguel Corporation
Bloomberg - 2016-04-13
Estelito Mendoza AA, LLB (UP), LLM (Harvard) 42 Relationships Director, Chairman of Nomination & Hearing Committee, Member of Executive Committee and Member of Audit Committee San Miguel Corp. Reports Earnings Results for the Year 2005 ; Restates Earnings ...

SM Energy (SM) Showing Signs Of Perilous Reversal Today
The Street - 2016-04-13
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 ...

Kandi Technologies Announces Change Of Independent Accounting Firm To BDO China
The Street - 2016-04-13
JINHUA, China, April 13, 2016 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the "Company" or "Kandi") (NASDAQ:KNDI), is pleased to announce the appointment of BDO China Shu Lun ... ("EV") products (through its joint venture), EV parts and off-road ...

Company Overview of Trans-Asia Power Generation Corporation
Bloomberg - 2016-04-13
The company was founded in 1997 and is based in Bulacan, Philippines. Trans-Asia Power Generation Corporation operates as a subsidiary of Trans-Asia Oil and Energy Development Corporation.

Italpinas gets P350-million DBP loan for Cagayan de Oro project
BusinessMirror. - 2016-04-13
ITALPINAs Development Corp., a property developer of environment-friendly buildings, said it was able to convince state-owned Development Bank of the Philippines (DBP) to fund part of the construction cost of its project in Cagayan de Oro City. The company ...

Italpinas gets P350-million DBP loan for Cagayan de Oro project
BusinessMirror. - 2016-04-13
ITALPINAs Development Corp., a property developer of environment-friendly buildings, said it was able to convince state-owned Development Bank of the Philippines (DBP) to fund part of the construction cost of its project in Cagayan de Oro City. The company ...

Tapet eyeing investment in Australia, Indonesia
BusinessMirror. - 2016-04-13
TRANS-ASIA Petroleum (Tapet), a unit of Trans-Asia Oil and Energy Development Corp. (TA Oil) of the Phinma Group, is currently looking at exploring investment opportunities in Australia and Indonesia. This, after the company decided not to pursue a ...

Tapet eyeing investment in Australia, Indonesia
BusinessMirror. - 2016-04-13
TRANS-ASIA Petroleum (Tapet), a unit of Trans-Asia Oil and Energy Development Corp. (TA Oil) of the Phinma Group, is currently looking at exploring investment opportunities in Australia and Indonesia. This, after the company decided not to pursue a ...

ePLDT gains gold status for Microsoft Office 365
The Daily Tribune - 2016-04-13
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 ...

Discovery World builds new resort in El Nido
Inquirer - 2016-04-13
The company also operates Club Paradise in Dimakya Island, Coron, Palawan. It also acquired Palawan Cove Corp. and Discovery Fleet Corp. in 2014.

Ombudsman indicts Baguio congressman for illegal cutting of trees
Manila Bulletin - 2016-04-13
The Office of the Ombudsman (OMB) has ordered the filing of criminal charges against Baguio City Congressman Nicasio Aliping, Jr. for the alleged illegal cutting of trees in Sitio Pongayon, Sto. Tomas, Tuba in Benguet. Aliping, along with William Go ...

Discovery starts building El Nido tourism estate
Manila Bulletin - 2016-04-13
Upscale resort developer Discovery World Corporation reported that it has started construction for its latest tourism estate project in El Nido. In a disclosure to the Philippine Stock Exchange, the firm said it held groundbreaking ceremonies to mark ...

Discovery starts building El Nido tourism estate
Manila Bulletin - 2016-04-13
Upscale resort developer Discovery World Corporation reported that it has started construction for its latest tourism estate project in El Nido. In a disclosure to the Philippine Stock Exchange, the firm said it held groundbreaking ceremonies to mark ...

Pepsi Cola PHL income reached P812 million in 2015
BusinessMirror - 2016-04-13
BOTTLER Pepsi Cola Products Philippines Inc. said its income was flat last year as a result of higher sugar prices and to start up its snack line. The company said in its report to the Philippine Stock Exchange, it had a profit of P812.08 million ...

PLDT targets to link 1,500 MSMEs to supply chain
Rappler - 2016-04-13
MANILA, Philippines -- About 1,500 local micro, small, and medium enterprises (MSMEs) will talk with Silicon Valley veterans on gearing up to be part of the global supply chain. This is the third year that the Philippine Long Distance Telephone Company ...

Berjaya to sell its BAuto stake for RM526m
MSN - 2016-04-13
KUALA LUMPUR (April 12): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, is looking to dispose of 21.88% equity interest in Berjaya Auto Bhd (BAuto) to a special purpose vehicle (SPV) controlled by key members of the Mazda distributor ...

Manila water plan draws US rep's criticism for IFC role
Seattle Post Intelligencer - 2016-04-13
Twenty-five-year concessions were awarded to two companies: Maynilad Water Services Inc. and Manila Water Co. The IFC opted to provide $60 million in loans to Manila Water Co., which took over wealthier districts where customers were more likely to pay.

FEU seals Roosevelt takeover for P1B
Inquirer - 2016-04-13
FAR Eastern University (FEU) has sealed the acquisition of a controlling stake in Roosevelt College Inc. at an adjusted price tag ... In a disclosure to the Philippine Stock Exchange on Wednesday, FEU said it had entered into a share purchase agreement ...

Does anybody still believe in the surveys?
MSN - 2016-04-13
One series of public opinion readings currently being roundly criticized is the Bilang Pilipino Mobile Survey being conducted by SWS with the technical and logistical support of TV5 and the PLDT-Smart Communications group. SWS is the same research firm ...

PLDT drops 'long distance,' soon to be called PLDT, Inc
Rappler - 2016-04-13
MANILA, Philippines - With Viber and other over-the-top content (OTT) providers posing challenges to traditional long distance providers, soon-to-be PLDT, Incorporated - now known as Philippine Long Distance Telephone Company - has evolved with ...

Four Asian "giants" in Vietnam
Vietnamnet - 2016-04-13
VietNamNet Bridge - The four foreign giants that are forecast to make changes in the Vietnamese market in the future are South Korea's CJ Group (food, biotechnology, entertainment , home shopping and logistics), Ayala Corporation of the Philippines ...

Trans-Asia Petroleum mulls LNG import terminal
m.bworldonline.com - 2016-04-13
TRANS-ASIA Petroleum Corp. is planning to build an import terminal for liquefied natural gas possibly in Sual, Pangasinan, while doing a pre-feasibility study for its venture into the midstream energy sector. Francisco L. Viray, Trans-Asia Petroleum ...

Basic, Trans-Asia drilling OKd
Manila Standard Today - 2016-04-12
The Energy Department approved the notice of intent to drill submitted by the consortium of Basic Energy Corp. and Trans-Asia Oil and Energy Development Corp. for the Mabini geothermal project. "The approved NID [notice of intent to drill] pertains to ...

Basic, Trans-Asia drilling OKd
thestandard.com.ph - 2016-04-12
The Energy Department approved the notice of intent to drill submitted by the consortium of Basic Energy Corp. and Trans-Asia Oil and Energy Development Corp. for the Mabini geothermal project. "The approved NID [notice of intent to drill] pertains to ...

JG Summit net income rises to P22.61B in 2015
Rappler - 2016-04-12
MANILA, Philippines - JG Summit Holdings, the holding firm of the Gokongwei family, saw its consolidated core net income rise by 23.9% in 2015, driven by higher income from petrochemicals, real estate, food, and air travel. JG Summit Holdings recorded a ...

Berjaya to sell its BAuto stake for RM526m
MSN - 2016-04-12
KUALA LUMPUR (April 12): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, is looking to dispose of 21.88% equity interest in Berjaya Auto Bhd (BAuto) to a special purpose vehicle (SPV) controlled by key members of the Mazda distributor ...

Trans-Asia mulls over LNG plant in Pangasinan
thestandard.com.ph - 2016-04-12
Trans-Asia Petroleum Corp., a unit of Trans-Asia Oil and Energy Development Corp., is studying the feasibility of putting up a liquefied natural gas import terminal and natural gas plant in Sual, Pangasinan estimated to cost at least $500 million.

Trans-Asia mulls over LNG plant in Pangasinan
Manila Standard Today - 2016-04-12
Trans-Asia Petroleum Corp., a unit of Trans-Asia Oil and Energy Development Corp., is studying the feasibility of putting up a liquefied natural gas import terminal and natural gas plant in Sual, Pangasinan estimated to cost at least $500 million.

Government got P18.42 billion from Malampaya
BusinessMirror. - 2016-04-12
THE Philippine government received last year $400 million (roughly P18.42 billion) as its share of the income from the Malampaya deepwater gas-to-power project, an official of the Malampaya consortium said. Sebastian Quiniones, managing director of Shell ...

Deals Rumor Mill: Chevron, Gryphon Investors, Tipico
Law 360 - 2016-04-12
China Investment Corp., Malakoff Corp., Ormat Technologies Inc., Energy Development Corp. and Aboitiz Power Corp. can be added to the list of suitors vying to buy Chevron Corp.'s geothermal assets in Asia, according to a Tuesday report from Bloomberg.

Court of Appeals asks OCA to probe Parañaque judge over Uniwide Holdings case
BusinessMirror. - 2016-04-12
THE Court of Appeals (CA) has referred to the Office of the Court Administration (OCA) for investigating a trial court judge who stopped the implementation of a final and executory decision it issued and affirmed by the Supreme Court (SC). The CA decision ...

Court of Appeals asks OCA to probe Parañaque judge over Uniwide Holdings case
BusinessMirror. - 2016-04-12
THE Court of Appeals (CA) has referred to the Office of the Court Administration (OCA) for investigating a trial court judge who stopped the implementation of a final and executory decision it issued and affirmed by the Supreme Court (SC). The CA decision ...

Fed. Circ. Upholds Anti-Dumping Duties On Seafood Exporter
Law 360 - 2016-04-12
On remand, Commerce had relied on surrogate values based on sales data from Vitarich Corp., a Philippine poultry and fish processor, whose figures were much lower than those Vinh Hoan had proposed, but the federal agency said that the Vitarich price quote ...

Trans-Asia Oil eyes expansion into power, natural gas
BusinessMirror. - 2016-04-12
Trans-Asia Petroleum Corp., a wholly-owned subsidiary of TA Oil, is currently conducting a prefeasibility study for the construction of an LNG-import terminal at a prospective site in Sual, Pangasinan. LNG is a natural gas converted into a liquid state for ...

Trans-Asia Oil eyes expansion into power, natural gas
BusinessMirror. - 2016-04-12
TRANS-ASIA Oil and Energy Development Corp. (TA Oil) is aggressively pursuing a five- to 10-year expansion plan in the power sector, including a possible venture into natural gas. "We are looking at gas-fired power plants supplied by LNG [liquefied ...

SsangYong is back
Philstar - 2016-04-12
THE CAR GUY By Ulysses Ang (The Philippine Star) | Updated April 13, 2016 - 12:00am SsangYong Motor is back in the Philippines under a new distributor: SsangYong Berjaya Motor Philippines (SBMP). After the formal distribution signing ceremony last ...

Batangas geothermal drilling OKd
Philstar - 2016-04-12
MANILA, Philippines - The Department of Energy (DOE) has issued the go-signal to start drilling at the Mabini geothermal service contract in Batangas which is jointly owned by Basic Energy Corp. and Trans-Asia Oil and Energy Development Corp. In a ...