LIST: Scheduled power interruptions in Metro Manila, nearby provinces
Philstar - 2016-04-08
MANILA, Philippines - The Manila Electric Company (Meralco) announced that it has scheduled power interruptions in some areas in Metro Manila and nearby provinces from April 9 to 17. Meralco will be conducting maintenance operations in some areas in ...

Ynna Asistio graduates from college: "After 6 years...I finally did it!"
pep.ph - 2016-04-08
Ynna Asistio is now a degree holder! On Thursday, April 7, the 24-year-old actress finally graduated from Centro Escolar University with a Bachelor of Arts degree in Mass Communication major in Broadcasting. Juggling showbiz career and school was not that ...

CTA ups PBCom refund
m.bworldonline.com - 2016-04-08
THE COURT of Tax Appeals (CTA) has doubled the refund for the Philippine Bank of Communications (PBCom) on excess taxes paid on its property sales. In a 16-page en banc decision dated March 21, the court voted 8-0 to grant PBCom a P34.78-million refund for ...

Atlas cuts copper output by 33%
thestandard.com.ph - 2016-04-07
Atlas Consolidated Mining and Development Corp. will reduce copper production by 33 percent in 2016 and 2017 due to the slump in copper prices in the world market. Atlas said in a disclosure to the stock exchange its board of directors approved to ...

Atlas cuts copper output by 33%
Manila Standard Today - 2016-04-07
Atlas Consolidated Mining and Development Corp. will reduce copper production by 33 percent in 2016 and 2017 due to the slump in copper prices in the world market. Atlas said in a disclosure to the stock exchange its board of directors approved to ...

Marcventures eyes plant
Manila Standard Today - 2016-04-07
Marcventures Holdings Inc. on Thursday unveiled a plant to build a nickel processing plant and acquire a mining company to boost output and exports. Macrventures said in a disclosure to the stock exchange its board had granted company president Isidro ...

Marcventures eyes plant
thestandard.com.ph - 2016-04-07
Marcventures Holdings Inc. on Thursday unveiled a plant to build a nickel processing plant and acquire a mining company to boost output and exports. Macrventures said in a disclosure to the stock exchange its board had granted company president Isidro ...

Ayala Triangle Gardens towers over open spaces
Philstar - 2016-04-07
Standing at 39 stories, the office building has all the makings of a premier Ayala Land offices development. A marriage of modern architecture and interior design, it allots five levels of the tower to basement parking, four floors to premium retail ...

Company Overview of Uniwide Holdings Inc.
Bloomberg - 2016-04-07
Uniwide Holdings Inc., together with its subsidiaries, is engaged in the acquisition, development, holding, and lease sale of real estate properties in the Philippines. It is involved in the construction and operation of a commercial complex, as well as ...

Valencia mayor supports geothermal expansion plan
Philstar - 2016-04-07
CEBU, Philippines - Amidst objections by an environmentalists group, Valencia Mayor Edgar Teves has reiterated his endorsement of support to the proposed 60-megawatt geothermal expansion project by the Energy Development Corporation (EDC) in the Southern ...

Villar named Real Estate Personality of the Year
Philstar - 2016-04-07
MANILA, Philippines - Recognizing his significant contributions to the Philippine real estate industry over the years, Vista Land and Lifescapes Inc. chairman Manuel "Manny" Villar Jr. received the prestigious Real Estate Personality of the Year award ...

Jollibee declares 86ΒΆ cash dividends
Philstar - 2016-04-07
MANILA, Philippines - Jollibee Foods Corp. has declared a cash dividend of P0.86 per share of common stock, 7.5 percent higher than the cash dividends given out last year. In a disclosure to the Philippine Stock Exchange (PSE), JFC said the cash dividends ...

Ayala, JG Summit, Phinma express support to RCBC
Philstar - 2016-04-07
It also includes diversified conglomerate San Miguel Corp. CLSA Exchange Capital Corp., All Asian Countertrade Inc., Liwayway Group, Megaworld Corp., Vista Land, Edgar Sia of Double Dragon, and the Laus Group of Companies. Yuchengco-led Pan Malayan ...

Tang in check
Inquirer - 2016-04-07
The LRA took notice that the 700 hectares claimed by Jimmy Tang formed part of the 750-hectare property belonging to the government, covered by a lease arrangement between the DENR and the Mindanao-based Alsons group, under an "integrated forest ...

Offshore accounts are for more than laundering, hiding bribes
BusinessMirror. - 2016-04-07
The US has made several efforts to force and encourage citizens to reveal their offshore holdings, including a voluntary disclosure program that started in 2009 that has brought more than 54,000 disclosures and $8 billion in taxes. There are an estimated 8 ...

Nolledo elected to D&L Industries board
Manila Bulletin - 2016-04-07
Her appointment was effective April 4, 2016. Nolledo is currently the chairman of BPI Investment Management, Inc. and director of Xurpas, Inc., a Philippine-listed technology company. She likewise sits on the board of trustees of the Ayala Foundation ...

Gokongwei-Pe, Sy-Coson on Forbes Asia list of top businesswomen
Rappler - 2016-04-07
Forbes said BDO also formed a joint venture with Japan's Nomura Holdings to provide online trading in local stocks. "I cannot say these are my achievements. They are collective achievements of those in our organization," Sy-Coson was quoted as saying.

1 dead, 21 hurt in Benguet jeep crash
Philippine Daily Inquirer - 2016-04-07
BAGUIO CITY -- A passenger jeep crashed into the road side on its way to the mine camp of the Philex Mining Corp. on Thursday noon (April 7), killing a passenger and injuring 21 others, the Cordillera police said. Emily Tomas died in the afternoon while ...

Megawide Construction Corporation INSIDERS ON Board Members
Bloomberg - 2016-04-07
Michael Cosiquien 6 Relationships Chairman, Chief Executive Officer, Chairman of Executive Committee, Member of Audit & Compliance Committee and Member of Risk Committee 41 Edgar Saavedra 6 Relationships President, Chief Operating Officer, Director, Member ...

Atlas Mining: Carmen Copper to cut production by 33% amid low metal prices
Manila Bulletin - 2016-04-07
Atlas Consolidated Mining and Development Corporation reported the its operating subsidiary Carmen Copper Corporation will be reducing copper production by 33 percent in 2016 and 2017 amid weak metal prices. In a disclosure to the Philippine Stock Exchange ...

Roxas rejects premature calls for Abaya to resign
MSN - 2016-04-07
The MIAA said the power outage at the NAIA-3 happened after a substation of the Manila Electric Company (Meralco) tripped at around 8:45 p.m. Saturday. Meralco, meanwhile, said that the glitch was restored in less than a minute. It said that the five-hour ...

Nickel miner Marcventures eyes PHL's third processing plant
GMA Network - 2016-04-07
Marcventures Holdings Inc., one of the Philippines' biggest nickel miners, said on Thursday it was considering building a processing plant and acquiring a mining company to boost output and exports. If the plan to build a nickel refinery proceeded ...

Syndicated estafa filed vs Alliance executives
thestandard.com.ph - 2016-04-07
The dispute between Alliance Select Foods International Inc. management and a group of minority shareholders has escalated with the Singaporean investors in the company filing a case for syndicated estafa and falsification of public documents against ...

DOT launches halal marketing strategy to boost visitor arrivals
BusinessMirror. - 2016-04-06
The establishments are Berjaya Hotel Makati and Marriott Hotel (Metro Manila); Costabella Beach Resort and Crimson Resort and Spa (Cebu); Marco Polo Davao, Pearl Farm Beach Resort, Southern Philippines Medical Center, Villa Margarita, Zabadani Inc., Banana ...

Coal-fired power plants are acceptable to DOE
MSN - 2016-04-06
Meanwhile, the Lopez-owned companies include Energy Development Corp. which owns geothermal, wind, and solar power facilities; First Gen Corp. which owns natural gas plants; First Philippine Holdings Corp. (FPH) which controls First Gen; and Lopez Holdings ...

Japanese company acquires 5% of Harbor Star Shipping
thestandard.com.ph - 2016-04-06
Daito Corp. of Japan has acquired a minority interest in Harbor Star Shipping Services Inc., a leading provider of harbor assistance, lighterage, salvage and towing services in the country. Daito acquired a 5-percent interest in Harbor Star by buying ...

Japanese company acquires 5% of Harbor Star Shipping
Manila Standard Today - 2016-04-06
Daito Corp. of Japan has acquired a minority interest in Harbor Star Shipping Services Inc., a leading provider of harbor assistance, lighterage, salvage and towing services in the country. Daito acquired a 5-percent interest in Harbor Star by buying ...

Concepcion, Ionics tie up
thestandard.com.ph - 2016-04-06
Appliance maker Concepcion Industrial Corp. on Tuesday signed a strategic alliance with Ionics Inc. to develop the next generation of smart products using Internet of Things technology. CIC chief executive Raul Joseph Concepcion said in an interview ...

Concepcion, Ionics tie up
Manila Standard Today - 2016-04-06
Appliance maker Concepcion Industrial Corp. on Tuesday signed a strategic alliance with Ionics Inc. to develop the next generation of smart products using Internet of Things technology. CIC chief executive Raul Joseph Concepcion said in an interview ...

Concepcion Industrial, Ionics to create smart appliances
BusinessMirror. - 2016-04-06
CONCEPCION Industrial Corp., known for its refrigerators and air-conditioning units, may release its smart appliances, mainly its core products, next year, as it signed a memorandum of understanding (MOU) with Ionics Inc., another listed company.

Concepcion Industrial, Ionics to create smart appliances
BusinessMirror. - 2016-04-06
CONCEPCION Industrial Corp., known for its refrigerators and air-conditioning units, may release its smart appliances, mainly its core products, next year, as it signed a memorandum of understanding (MOU) with Ionics Inc., another listed company.

Concepcion Industrial, Ionics to create smart appliances
Business Mirror - 2016-04-06
CONCEPCION Industrial Corp., known for its refrigerators and air-conditioning units, may release its smart appliances, mainly its core products, next year, as it signed a memorandum of understanding (MOU) with Ionics Inc., another listed company.

Clark Water plugs system loss to record low
Philstar - 2016-04-06
MANILA, Philippines - Clark Water Corp., a unit of Manila Water Co. Inc., said the level of its system loss or non-revenue water fell to a record-low of four percent due to the improvement of its production processes. The company strengthened supply ...

Globe myBusiness empowers SMEs with new postpaid plans, solutions
Inquirer - 2016-04-06
Globe Telecom, through its small and medium enterprise (SME) arm Globe myBusiness, is empowering Filipino SMEs to embrace the digital shift with its latest portfolio of postpaid plans and innovative business solutions, giving them the competitive advantage ...

Ayala exec appointed to D&L board
Philstar - 2016-04-06
She will serve in the audit committee and remuneration committee. She is also chairman of BPI Investment Management Inc. and director of Xurpas Inc., a Philippine-listed technology company. Apart from this, Nolledo sits on the board of trustees of the ...

Comelec likely to transfer national canvassing center from PICC to Manila Hotel
Manila Bulletin - 2016-04-06
The poll body chief had experienced working for hotels as he had served as President of Shang Properties, Inc., which operates the Shangri-La hotel chain.

Entrusting our future
Philstar - 2016-04-06
Elena Construction Development Corporation, RFM Corporation, and PLDT-SMART SME Nation. The entire Go Negosyo community, which includes entrepreneurs from different levels, joined the fora together with partner institutions such as the Philippine ...

Marubeni, Engie eye bids for Chevron's $3 billion Asia geothermal assets: Sources
Economic Times - 2016-04-06
Indonesia's Medco Power is planning to bid for the assets, a senior company executive told Reuters. Southeast Asian power firms Aboitiz and Banpu Power may also bid for the assets, said the sources. Chevron, which hired Citigroup as its adviser for the ...

TE SubCom to perform third network upgrade on SEA-Japan Cable System
Manila Bulletin - 2016-04-06
Co., Ltd.), Globe Telecom, Inc., Google, KDDI Corporation, Singapore Telecommunications Limited (Singtel), PT Telekomunikasi Indonesia International (Telin a subsidiary of PT Telekomunikasi Indonesia, Tbk), and TOT Public Co., Ltd. (TOT). BIG is an ...

FWD Life Philippines comes to Baguio City
BusinessMirror. - 2016-04-06
Because of the notoriety of insurance plans going bankrupt or folding up, leaving policyholders disappointed, Grimes defended their reliability and stability on the fact that they have a steady partnership with Security Bank. He said that in the past ...

Concepcion Industrial, Ionics to create smart appliances
BusinessMirror. - 2016-04-06
CONCEPCION Industrial Corp., known for its refrigerators and air-conditioning units, may release its smart appliances, mainly its core products, next year, as it signed a memorandum of understanding (MOU) with Ionics Inc., another listed company.

AXA PHL appoints new CEO
BusinessMirror. - 2016-04-06
"On the back of a very strong partnership between AXA and Metrobank, Rahul and the teams will take AXA Philippines to new heights." Solomon S. Cua, chairman of the board of directors of AXA Philippines, is very confident about the future ...

BDO lends P1B to Singaporean flour miller
Philstar - 2016-04-06
MANILA, Philippines - BDO Unibank Inc., the largest bank in the country, has extended close to P1 billion in loans to the Philippine unit of Interflour Group Pte Ltd. of Singapore. Proceeds of the seven-year loan deal amounting to P998 million entered ...

Davao City to experience four-hour daily brownouts
Philippine Daily Inquirer - 2016-04-06
DAVAO CITY - The Aboitiz-owned Davao Light and Power Company (DLPC) has announced that the city will experience a maximum of four hours of daily power interruption. The power distribution company explained that the continuing power interruption has been ...

Panasonic's Lumix GX85 is a compact camera that packs a punch
MSN - 2016-04-06
Not surprisingly, given how Panasonic has been a big proponent of 4K, the GX85 also records Ultra HD (3,849 x 2,160) videos at 24 and 30 fps, as well as 1080p at 60 fps. And if you're familiar with the Lytro camera, you'll probably like playing around with ...

Harbor Star Shipping Services, Inc. INSIDERS ON Board Members
Bloomberg - 2016-04-06
Geronimo Bella Jr. 6 Relationships Chairman, President, Chairman of Nomination Committee, Chairman of Executive Committee and Member of Remuneration Committee 55 Ricardo Bella 6 Relationships Principal Operating Officer, Vice President for Operations ...

RCBC names 2 supposed owners of 'fake' accounts
philstar.com - 2016-04-06
MANILA, Philippines - Rizal Commercial Banking Corp. on Tuesday afternoon disclosed that it has identified two of the faces in the identification photos used to open accounts allegedly used to launder $81 million stolen from the central bank of ...

PH athletics gets boost from Ayala
thestandard.com.ph - 2016-04-05
A NEW backer of Philippine athletics is here and it wants to stay in the long haul. The Ayala Corporation is supporting the Philippine Athletics Track and Field Association beginning in the Philippine National Open Invitational Athletics Championships all ...

PH athletics gets boost from Ayala
thestandard.com.ph - 2016-04-05
A NEW backer of Philippine athletics is here and it wants to stay in the long haul. The Ayala Corporation is supporting the Philippine Athletics Track and Field Association beginning in the Philippine National Open Invitational Athletics Championships all ...

San Miguel vows better Internet via 700-MHz band
BusinessMirror. - 2016-04-05
People, according to telecommunications and technology experts, were too fed up with "the relatively mediocre" services that the two incumbents--Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom Inc.--have been offering since the dawn ...