Congress urged to investigate mine, quarry liability in Benguet, Cebu landslide disasters
Bulatlat - 4 months ago
MANILA -- Bayan Muna Rep. Carlos Zarate filed a House Resolution today asking the Committee of Natural Resources to investigate the liability of Benguet Corporation and Apo-Cemex, respectively, in the recent landslide disasters in Itogon, Benguet and Naga ...

Primex founder wins lifetime achievement honors
Plastics News - 4 months ago
Fort Worth, Texas -- John Farber, the founder of sheet extruder Primex Plastics Corp. and specialty chemical maker ICC Industries Inc., was honored with the Lifetime Achievement Award from the Society of Plastics Engineers' thermoforming division at its ...

Vivant units sell 48% stake in renewable energy firm
BusinessWorld - 4 months ago
CEBU-BASED Vivant Corp. said on Friday that two of its subsidiaries sold their shares in a northern Luzon renewable energy company that has an independent power producer (IPP) administrator contract with the government. In a disclosure to the stock ...

DBP, Metrobank sign property tax payment tieup
BusinessWorld - 4 months ago
"Residents of Taguig City and Valenzuela City may opt to pay either in cash or using their Metrobank cards to settle their real property taxes on installment basis via the DBP point-of-sale terminals deployed in the said LGUs (local government units ...

Bargain hunt makes PSEi bounce back above 7,000
BusinessWorld - 4 months ago
Inc. (ALI); and SM Prime Holdings, Inc. as well as top gainer Universal Robina Corp. (URC) cumulatively added 73.18 points to PSEi. Sought for comment, First Grade Finance, Inc. Managing Director Astro C. del Castillo noted that "[s]omehow, we saw a ...

The Finance 202: Trump says he won't fire his Fed chair. It's not clear he could.
The Washington Post - 4 months ago
The Shanghai Composite Index bounced back from a four-year low to close up nearly 1 percent while the Nikkei surged late in the afternoon ... United Kingdom, Japan and the Philippines, but did not give any indication of when the administration will give ...

China Telecom, PT&T eye 3rd telco bid
Rappler - 4 months ago
China Telecom was the latest foreign company which bought bid documents to challenge the duopoly of local telecom behemoths Globe and Smart. Duterte announced that the Chinese was to be the 3rd telco player late last year, but the slot was eventually ...

State-run China Telecom secures bid documents for 3rd major telco
CNN Philippines - 4 months ago
This is the second foreign company to show interest in challenging the dominance of Globe Telecom and PLDT-Smart. Norway's Telenor was the first foreign firm to buy bid documents. DICT announced ...

Search teams comb debris for victims of deadly Hurricane Michael
Rappler - 4 months ago
Florida officials said more than 400,000 homes and businesses were without electricity in ... the most powerful to hit Florida's northwestern Panhandle in more than a century. Michael has since been downgraded to a tropical storm as it moves through ...

Globe, Disney wrap up Time Please with 22.1 million volunteering hours
CNN Philippines - 4 months ago
Metro Manila (CNN Philippines, October 11 ... were rendered by the Department of Education's community of public school teachers and students, 8.2 million by volunteers under Gawad Kalinga ...

2018 FINEX Conference puts the spotlight on innovation
BusinessWorld - 4 months ago
That is the Question," aims to answer the said question (which is really rhetorical in the first place) and discuss how organizations use technology ... and McDonalds Philippines Managing Director Margot B. Torres. Ateneo Graduate School of Business ...

SM comfortable with minority ownership in other companies
philstar.com - 4 months ago
SM Prime Holdings, meanwhile, grew its net income 16 percent to P16.6 billion in the first half as revenues expanded by 15 percent to P49.8 billion. Mall revenues, which consist of rentals, cinema and event ticket sales and amusement revenues, went up 12 ...

Peso depreciation weighs on energy companies
BusinessWorld - 4 months ago
Angelito U. Lantin, Manila Electric Co. (Meralco) senior vice-president, shared the same sentiment as its unit Meralco PowerGen Corp. (MGen) is building several power plants, which are now in different stages of development. "I think P47 [to a dollar was ...

PHL listed firms lagging behind in sustainability reporting
BusinessWorld - 4 months ago
Speaking in a panel discussion during the forum, Ayala Corp. (AC) Group Risk Management & Sustainability Head Ma. Victoria Tan highlighted that firms should monitor their non-financial performance such as sustainability since it also contributes to the ...

MRC Allied names Cosio as new president, CEO
BusinessWorld - 4 months ago
MRC ALLIED, Inc. is consolidating all its assets and portfolio under the listed company, while its operating subsidiaries will be implementing the projects, the company said on Thursday. As part of the reorganization, it announced the appointment of Augusto M.

Calbee brings Yassi Pressman for a NAKS surprise to fans
BusinessMirror - 4 months ago
we continue to elevate the fun by coming up with exciting activities and innovative product offerings," shared Kate Barrios from Calbee-Universal Robina Corporation. Enjoy a levelled-up snacking ...

ASEAN growth forecasts take hits from trade war and market turmoil
Nikkei Asian Review - 4 months ago
"With various external factors weighing down on the peso, it is expected to continue its downward trend," said Carlo Asuncion of Union Bank of the Philippines. The central banks of Indonesia ...

Red October in Philippine stocks, bleed to 6,800
Rappler - 4 months ago
MANILA, Philippines - Philippine shares were in the red, feeling the onslaught of regional markets being sold down on higher volumes. The Philippine Stock Exchange index (PSEi) closed at 6,884.38 on Thursday, October 11, 1.67% down from Wednesday. The ...

Philippines stocks lower at close of trade; PSEi Composite down 1.67%
Investing.com - 4 months ago
Investing.com - Philippines stocks were lower after the close on Thursday, as losses in the Holding Firms, Property and Services sectors led shares lower. At the close in Philippines, the PSEi Composite fell 1.67% to hit a new 52-week low. Falling stocks ...

Shop and win a getaway to Philippines' best tropical destinations
philstar.com - 4 months ago
In partnership with RCBC Bankard, The SSI Group Inc. is holding the Tropicale getaway promo for its loyal customers. Until October 31, Central Square and Bonifacio High Street shoppers are entitled to one raffle promo for every single or accumulated ...

COSE honors outstanding seniors at the 28th Sampung Ulirang Nakatatanda Awards
Rappler - 4 months ago
ARTURO APORA, 72 years old from Bulacan, actively engages in increasing public awareness on HIV/AIDS since 1992. He has become a lecturer on HIV/AIDS and community support through Positive Action Foundation Philippines, Inc. (PAFPI), and goes around health ...

1 dead as monstrous Hurricane Michael tears into Florida
Rappler - 4 months ago
PANAMA CITY, USA - Hurricane Michael claimed its first life after roaring ashore in Florida on Wednesday, October 10, flooding homes and streets and toppling ... state's northern Panhandle area in more than a century. Michael had weakened to a Category ...

Local operator of 7-Eleven stores reveals cloud journey, transformation
newsbytes.ph - 4 months ago
One of these firms is Philippine Seven Corporation, the operator of the 7-Eleven stores in the local market, which said that it has long recognized the need to embrace the value of digitization.

Finance Atty Joins Holland & Knight In Denver
Law360 - 4 months ago
Holland & Knight LLP has hired finance and bankruptcy attorney Keith Sambur ... He's also currently representing AG Oncon LLC and several related companies in their stock option dispute with Ligand Pharmaceuticals Inc. Sambur received his J.D. from St ...

In defense of liberalism
philstar.com - 4 months ago
In its recent issue celebrating its 175th anniversary, the Economist main article was a ten-page essay titled: "Reinventing liberalism for the 21st century ... political and property rights. Unlike Marxists, liberals respect the rights of the individual.

MPTC confident on C-5 South Link progress
philstar.com - 4 months ago
MANILA, Philippines -- Metro Pacific Tollways Corp. (MPTC), the road infrastructure arm of conglomerate Metro Pacific Investments Corp., said it has resolved various right-of-way challenges that would allow it to deliver the first section of the P10 ...

RFM celebrates 60 years of market leadership
philstar.com - 4 months ago
If RFM was a real person, then she/he would be qualified for a senior citizen discount as she/he celebrates 60 years. I was born the same year as Republic Flour Mills (RFM) was established, and I remember seeing my baby picture (dressed as a young baker ...

Duterte arrives in Bali for ASEAN meet
philstar.com - 4 months ago
Unlike his previous foreign trips, the President decided not to charter a Philippine Airlines flight for the ASEAN leaders meeting that would take only two-and-a-half hours. Meanwhile, Cabinet members who will be attending the Bali meeting today would take ...

BusinessMirror big winner at EJAP Awards
BusinessMirror - 4 months ago
From left to right: BusinessMirror Associate Editor Jenifer Ng,, Editor in Chief Lourdes Molina Fernandez, Banking Reporter of the Year Bianca Cuaresma, Macroeconomy Reporter of the Year Cai ...

FDI net inflows more than double in July
BusinessWorld - 4 months ago
Asuncion, chief economist at the Union Bank of the Philippines, Inc. Despite the steady climb in inflows, the Philippines continues to lag behind its neighbors in terms of attracting foreign capital. HSBC Global Research previously said this is because of ...

DanceSport holds National Championships
BusinessWorld - 4 months ago
Tickets for the 22 nd DSCPI National Championships are available at the DanceSport Training Center, Philsports Complex, Meralco Avenue, Pasig City and at the entrance of the Ballroom of Valle Verde Country Club on October 13. For other inquiries ...

US-China trade war could boost PH electronics, says bank
newsbytes.ph - 4 months ago
Philippine Bank of Communications, Philippine National Bank, Philippine Business Bank, Rizal Commercial Banking Corporation, Sterling Bank of Asia, Security Bank Corporation, UnionBank of the ...

Philex honors rescue team
BusinessWorld - 4 months ago
Philex Mining Corporation recently honored its rescue team that saw action in search-and-rescue and search-and-retrieval operations at the landslide incident at Brgy. Ucab, Itogon, Benguet brought about by Typhoon Ompong. On hand to honor and recognize the ...

These students from FEU Cavite want you to rediscover adventures in Manila
Rappler - 4 months ago
After finding out that most users do not take the LRT 1 for anything other than getting to and from work or school, the Light Rail Manila Corporation ... The app, aside from providing station and trip information, would also feature touring, dining ...

Hefty price hike: P1.45 for diesel, P1 for gas
philstar.com - 4 months ago
Flying V, Pilipinas Shell Petroleum Corp., PTT Philippines Corp., Seaoil Philippines Inc. and Total Philippines Corp. implemented their respective price adjustments at 6 a.m. Caltex, Eastern Petroleum, Petron Corp., Phoenix Petroleum Philippines Inc. and ...

Kepco celebrates trouble-free ops, 13th year
Sun Star - 4 months ago
KEPCO SPC Power Corporation celebrated its 500 Days Long Term Trouble-Free Operation (LTTFO) and marked its 13th Foundation Day last October 5 at Marco Polo Hotel, Cebu City. Gracing the event were Energy Regulatory Commission Chairperson Agnes Devanadera ...

SE Asia Stocks-Philippines hits 3-1/2-month low; Singapore slips further
Reuters - 4 months ago
Industrial and real estate stocks were the top losers, with JG Summit Holdings sliding 2.1 percent and Ayala Land declining 1.8 percent. Singapore shares hit their lowest since Sept. 19, ahead of the central bank's policy review on Friday where a slim ...

Megaworld pouring in P35 billion for Arcovia City
philstar.com - 4 months ago
MANILA, Philippines -- Megaworld Corp., the Andrew Tan-led developer of integrated urban townships, is pouring in P35 billion to ramp up development within the 12.3-hectare Arcovia City along C-5 in Pasig City. The investment will be used to develop the ...

Duterte may hold bilateral meetings with Indonesia, others at Bali talks
philstar.com - 4 months ago
Participants of the gathering are expected to affirm ASEAN's commitment to support the International Monetary Fund ... and medium enterprises, agriculture, education, health, food and nutrition, enhancing social security and promoting a decent work ...

Batangas project: Priests to get disaster training
Philippine Daily Inquirer - 4 months ago
Priests and church volunteers from the Archdiocese of Lipa, Batangas, have agreed to undergo training as emergency response volunteers during calamities and disasters. Lipa Archbishop Gilbert A. Garcera and Fr. Jayson T. Siapco, of the Lipa Archdiocesan ...

Land reform solutions - mining forgotten legacies
Daily Maverick - 4 months ago
This historical mission requires level ... rural economy are endless. Our universities can produce a lot of PhD papers on opportunities we are presented with. Mines could provide the land required, comply with the new procurement requirements and provide ...

3rd telco bidder sues NTC over alleged unlawful insertion of new requirements
CNN Philippines - 4 months ago
president and chief executive officer of its parent company NOW Corp., was quoted as saying. The NTC and DICT last week released the timeline for the selection of the next telco player.

Uniqlo opens first Southeast Asia flagship store in Manila
Manila Standard Today - 4 months ago
"Mr. (Tadashi) Yanai decided to come in after just over a year of research and a 24-hour visit to the Philippines incognito," shared SM Investments Corporation co-vice chair Tessie Sy-Coson during her speech at the opening of Uniqlo Manila in Glorietta ...

Artists mount end ENDO exhibit in UP
Bulatlat - 4 months ago
Rogelio Magistrado from the Samahan ng mga Manggagawa sa Jollibee Foods Corp- Jollibee Worldwide Services Logistics, recounted how they were literally hostaged at a meeting to force them to avail of resignation packages. How those who signed away their 12 ...

Stocks Fall as Interest Rates Weigh on Wall Street
TheStreet.com - 4 months ago
Apple and Amazon are holdings in Jim Cramer's Action ... operations and create a more efficient company that results in fewer white collar jobs. Ford said it was in the "early stages of reorganizing" its global salaried work force. The automaker said ...

Tight battle up
BusinessMirror - 4 months ago
THE International Container Terminal Services Inc. (ICTSI) Camp John Hay Ladies Championship marks its return to the Ladies Philippine Golf Tour (LPGT) calendar starting on Wednesday with Cyna ...

Hedcor hydroelectric plant fully contracted to 11 distribution utilities
BusinessWorld - 4 months ago
... Davao Light and Power Co. and the Cotabato Light and Power Co. Davao Light serves Davao City and parts of Davao del Norte province, while Cotabato Light covers Cotabato City. The cooperatives that will buy supply from Hedcor include the Zamboanga del ...

SEC asks trade operators to follow data-privacy laws
BusinessMirror - 4 months ago
business continuity, disaster recovery and risk-management systems to a regular review and audit by an independent firm. The rule came from the Securities and Regulation Code of 2015.

DICT accuses NOW Telecom of delaying 3rd telco entry
Rappler - 4 months ago
NOW Telecom, an affiliate company of NOW Corporation and a 3rd ... that the company can be at least comparable to the resources of the duopoly of Smart and Globe. The participant is given options on what form it wishes to put up the security - for ...

A340 fleet: last Asian operator, Philippine Airlines, bows out
Centreforaviation.com - 4 months ago
Philippine Airlines (PAL) has become the latest airline to phase out A340s, operating its last A340-300 scheduled flight at the end of Sep-2018 without fanfare. PAL accelerated the retirement of its last four A340-300s, a sensible decision given the recent ...