Metro Pacific sues government
Manila Standard Today - 2016-04-05
The tollyway unit of Metro Pacific Investments Corp. said on Tuesday it filed an arbitration case in Geneva against the government for failure to increase road toll since 2013. "With the receipt of the notice by the TRB [Toll Regulatory Board] yesterday ...

DMCI adds 1.75MW off-grid Masbate power plants
Inquirer - 2016-04-05
THE OFF-GRID energy arm of engineering conglomerate DMCI Holdings has deployed two new satellite diesel plants to Masbate, adding 1.75 megawatts of combined power generation capacity to address power shortage in this island-province. The two new facilities ...

8990 brings fiber-to-home to Metro Manila condos
Inquirer - 2016-04-05
MASS housing developer 8990 Holdings Inc. is bringing fiber-to-home Internet and cable technology as an allied service to residents of its medium-rise buildings in Metro Manila. 8990 Holdings said it had teamed up with Cebu-based ITECH-RAR Solutions Inc ...

UTC Board of Directors Names New President and CEO
MSN - 2016-04-05
WASHINGTON, April 5, 2016 (GLOBE NEWSWIRE) -- Utilities Telecom Council (UTC) today announced the selection of Joy Ditto as the new President and CEO effective April, 27, 2016. Ditto has been working for the American Public Power Association (APPA ...

Momentum Telecom Launches Service in 100 TWO MEN AND A TRUCK(R) Locations
MSN - 2016-04-05
For more information about Momentum Telecom or to discuss partnership opportunities email sales@momentumtelecom.com or call 877-258-3821. In business, government, philanthropy and the arts, and all over the globe, these men and women are transforming the ...

Election 2016: Agenda of the Benguet representative
Philippine Daily Inquirer - 2016-04-05
We have been supplying vegetables to Subic and Clark for several decades in the past, including industrial or commercial markets ... about the mineral resources of Benguet. The first mining company was called Benguet Corp. after the Ibaloy and Kankana ...

Audit Committee of Pepsi-Cola Products Philippines, Inc.
Bloomberg - 2016-04-05
Oscar Reyes BA, M.B.A. 106 Relationships Independent Non-Executive Chairman, Member of Audit Committee and Member of Compensation & Remuneration Committee Rafael Alunan III 17 Relationships Independent Director, Chairman of Nomination Committee, Chairman ...

MNTC seeks international arbitration on toll hike
Philstar - 2016-04-05
In a disclosure to the Philippine Stock Exchange yesterday, Metro Pacific Investments Corp. said its unit Manila North Tollways Corp. (MNTC) issued a notice of arbitration and statement of claim to the government through the Toll Regulatory Board (TRB ...

Lawson sees more room for Philippine growth
Philstar - 2016-04-05
Lawson, which made its debut in the Philippines last year through a partnership with Lucio Co-controlled Puregold Price Club Inc., believes the market for convenience stores in the country is still on its initial stages of growth. Lawson president and ...

PLDT unit to expand cloud solutions
Philstar - 2016-04-05
MANILA, Philippines - A unit of Philippine Long Distance Telephone Co. (PLDT) is looking to expand its cloud solutions for enterprises through its partnership with Amazon Web Services (AWS). In a statement, ePLDT said it recently became a Standard ...

Cool beyond summer: Mall developers opt for solar power
BusinessMirror. - 2016-04-05
After SM, it was the turn of some of the biggest real-estate developers in the country--the likes of Ayala Land Inc., Robinsons Land Corp. and DoubleDragon Properties Corp.--to link up with Solar Philippines and make renewable solar energy a prominent ...

Cool beyond summer: Mall developers opt for solar power
BusinessMirror. - 2016-04-05
After SM, it was the turn of some of the biggest real-estate developers in the country--the likes of Ayala Land Inc., Robinsons Land Corp. and DoubleDragon Properties Corp.--to link up with Solar Philippines and make renewable solar energy a prominent ...

AXA Philippines completes acquisition of Charter Ping An
Manila Bulletin - 2016-04-05
Philippine AXA Life Insurance Corporation has completed the 100 percent acquisition of Charter Ping An Insurance Corporation for the consolidation of the insurance businesses of GT Capital Holdings, Inc. AXA first announced its intention to purchase the ...

8990 taps Cebu Internet-cable firm for Muntinlupa project
Manila Bulletin - 2016-04-05
Mass housing developer 8990 Holdings, Inc. is again teaming up with Cebu-based ITECH-RAR Solutions Inc. to bring Internet and cable TV services to the owners of its medium-rise building projects, this time in Metro Manila. The firm said it is providing ...

8990 taps Cebu Internet-cable firm for Muntinlupa project
Manila Bulletin - 2016-04-05
Mass housing developer 8990 Holdings, Inc. is again teaming up with Cebu-based ITECH-RAR Solutions Inc. to bring Internet and cable TV services to the owners of its medium-rise building projects, this time in Metro Manila. The firm said it is providing ...

Megaworld nets P10B
Inquirer - 2016-04-05
TYCOON Andrew Tan-led Megaworld Corp. chalked up a core net profit of P10.4 billion last year, about 10.58 percent higher excluding large one-time gains booked in the comparative year. The core net profit took out P181 million in non-recurring gain for 2015.

Big clients express support for RCBC
Philstar - 2016-04-05
Tan, who owns Megaworld Corp., wrote a letter to RCBC chair Helen Dee expressing full support to the bank. "During the past years, RCBC has been a solid partner of Megaworld in its corporate banking requirements. Our long-time partnership has been ...

AMLC to file case to seize entire $81M laundered money
Rappler - 2016-04-05
To contest or not Silverio Benny Tan, the legal chief of Solaire operator Bloomberry Resorts Corporation, said during the second hearing on March 29 that some P1.36 billion went through Solaire's gaming tables, a bulk consolidated into the account of "a ...

CIC, Ionics EMS ink deal to develop IoT products
Inquirer - 2016-04-05
LEADING consumer and industrial solutions manufacturer Concepcion Industrial Corp. (CIC) and electronics manufacturing house Ionics EMS Inc. have teamed up to develop a new generation of smart appliances and products using the Internet of things (IoT ...

BDO extends P998M to Interflour for expansion
Manila Bulletin - 2016-04-05
BDO Unibank, Inc. (BDO) said it extended a seven-year loan to Mabuhay Interflour Mill, Inc. (MIMI) amounting to P998 million to partly finance the construction of its flour mill in Subic. "The investment of Interflour in the Philippines is a welcome ...

Interflour taps P998M BDO loan for Subic mill
Inquirer - 2016-04-05
... a P998 million loan facility with Banco de Oro Unibank to partly fund the construction of a flour mill in Subic. BDO has agreed to provide a seven-year loan to the local unit, Mabuhay Interflour Mill Inc. (MIMI), to fund the flour mill in a 5.2 ...

Pryce Corp. Q1 net income surges 53%
MSN - 2016-04-04
Industrial gas manufacturer Pryce Corp. posted a consolidated net income of P196.42 million in the first quarter of the year, up 53.26 percent from P128.16 million a year earlier. "Pryce is optimistic that the first quarter heralds the achievement of ...

Another Villar firm eyes public offering
thestandard.com.ph - 2016-04-04
The Villar family, led by business tycoon and former senate president Manuel Villar, owns integrated property developer Vista Land & Lifescapes Inc. and Starmalls Inc. Aside from real estate and death care development, the Villar Group has investments in ...

DMCI completes P900-m steel plant
thestandard.com.ph - 2016-04-04
DMCI Holdings Inc. said Monday construction arm DM Consunji Inc. completed a P900-million state-of-the-art steel fabrication plant in Calaca, Batangas. DMCI president Jorge Consunji said the plant, with a capacity of 2,000 to 3,000 metric tons per month ...

DMCI completes P900-m steel plant
thestandard.com.ph - 2016-04-04
DMCI Holdings Inc. said Monday construction arm DM Consunji Inc. completed a P900-million state-of-the-art steel fabrication plant in Calaca, Batangas. DMCI president Jorge Consunji said the plant, with a capacity of 2,000 to 3,000 metric tons per month ...

DMCI completes P900-m steel plant
Manila Standard Today - 2016-04-04
DMCI Holdings Inc. said Monday construction arm DM Consunji Inc. completed a P900-million state-of-the-art steel fabrication plant in Calaca, Batangas. DMCI president Jorge Consunji said the plant, with a capacity of 2,000 to 3,000 metric tons per month ...

Banks extend hours for import payments
thestandard.com.ph - 2016-04-04
The seven banks accredited by the Customs to clear importers payments on extended hours are Deutsche Bank, Security Bank, Asian United Bank, Metrobank, Rizal Commercial Banking Corp., Banco De Oro and East West Bank. Lina earlier held talks with the ...

Key Executives for Megaworld Corporation
Bloomberg - 2016-04-04
Andrew Lim Tan 25 Relationships Founder, Chairman of The Board, Principal Executive Officer, President, Chairman of Executive Committee and Member of Audit Committee 66 Francisco C. Canuto No Relationships Chief Financial Officer, Corporate Information ...

Audit Committee of Calata Corporation
Bloomberg - 2016-04-04
Joseph Calata 7 Relationships Chairman of the Board, Chief Executive Officer, President, Chairman of Executive Committee, Chairman of Compensation & Remuneration Committee and Member of Nomination Committee Benison De Torres CPA 7 Relationships Chief ...

DMCI completes P900-M steel fabrication plant
Philstar - 2016-04-04
MANILA, Philippines - D.M. Consunji Inc. has invested P900-million for a steel fabrication plant seen to support the robust construction activities in the country. The construction arm of the Consunji family said it has completed recently a state-of-the ...

Key Executives for GMA Network, Inc.
Bloomberg - 2016-04-04
Felipe L. Gozon 8 Relationships Chairman, Chief Executive Officer, Chairman of Nomination Committee, Chairman of Compensation & Remuneration Committee, Member of Executive Committee, Chairman of GMA Marketing & Productions Inc, Chairman of Alta Productions ...

Banks extend hours to fasttrack customs payments
Philstar - 2016-04-04
These banks are Deutsche Bank, Security Bank Corp., Asia United Bank Corp., Metropolitan Bank & Trust Co., BDO Unibank Inc., and East West Banking Corp. "We are already seeing faster movement within our ports in terms of released shipments over the ...

DMCI completes P900-M critical steel fabrication plant in Batangas
Inquirer - 2016-04-04
THE CONSTRUCTION arm of Consunji-led engineering conglomerate DMCI Holdings has invested P900 million in a new state-of-the-art steel fabrication plant in Calaca, Batangas--the first new steel plant built in the country in nearly four decades. The high ...

DMCI completes P900-M steel plant in Batangas
BusinessMirror. - 2016-04-04
DM Consunji Inc., the parent firm of publicly listed DMCI Holdings Inc., said it has completed the construction of a P900-million steel plant in Calaca, Batangas. "The facility, the first steel-fabrication plant in the country in more than three decades ...

PLDT named Amazon partner network
BusinessMirror. - 2016-04-04
THE digital enterprise enabler of Philippine Long Distance Telephone Co. (PLDT) has strengthened its portfolio of cloud solutions with its recent elevation to Standard Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN). In a ...

AEV sells Aseagas stake to affiliate firm
Manila Bulletin - 2016-04-04
is selling its shareholdings in Aseagas Corporation to affiliate Aboitiz Renewables, Inc. The renewable energy arm of the conglomerate is under its bigger business portfolio in the power generation sector - the Aboitiz Power, Inc. It was emphasized that ...

DMCI completes P900-million steel plant in Calaca, Batangas
Manila Bulletin - 2016-04-04
D.M. Consunji, Inc. (DMCI), the construction arm of diversified engineering conglomerate DMCI Holdings Inc., has completed the construction of a P900-million state-of-the-art steel plant in Calaca, Batangas. In a disclosure to the Philippine Stock Exchange ...

STUDY: Philippines falls two notches in connectivity, broadband quality
BusinessMirror. - 2016-04-04
A GROUP supported by members Globe Telecom Inc. (GTI) and Philippine Long Distance Telephone Co. (PLDT) announced the Philippines passed Thailand in a cloud-readiness index for this year. However, the country fell two ranks each for international ...

A happy place for everyone
Philstar - 2016-04-04
With this in mind, NGF and Globe Telecom earlier entered into a partnership for the NGF HOPELINE, a portal which makes it possible for people in need to quickly connect on a person-to-person basis with qualified, trained and certified responders who assist ...

Accounts of First Hawaiian Bank in Saipan hacked - report
MSN - 2016-04-04
Bank of Guam, Bank of Hawaii, Bank Pacific, and Bank of Saipan are the other banks operating in the Commonwealth of the Northern Mariana Islands (CNMI ... its way to several casinos operating in the Philippines. Filipino contract workers, mostly employed ...

PNoy wants contingency measures to prevent another NAIA power outage
MSN - 2016-04-04
The MIAA had said that the power outage happened after a substation of the Manila Electric Company (Meralco) tripped at around 8:45 p.m. Saturday. Meralco said that the glitch was restored in less than a minute and the five-hour power outage at the airport ...

Guingona panel summons new witnesses to $81M cyber heist inquiry
interaksyon.com - 2016-04-04
Aside from Wong, the panel also invited William So Go and other high ranking officials of RCBC, Eastwest Banking Corporation, BDO Unibank Inc., Philippine National Bank and their respective compliance officers. Guingona said that high ranking casino ...

7 banks extend operating hours to help decongest ports
Rappler - 2016-04-04
MANILA, Philippines - In an effort to decongest Manila ports, 7 banks agreed to extend operating hours to accommodate clearance payments for shipments. "We are already seeing faster movement within our ports in terms of released shipments over the ...

Globe Business boosts healthcare industry in PH
Inquirer - 2016-04-04
With the various challenges in accessing healthcare services in the Philippines, Globe Business, the information and communications technology (ICT) arm of Globe Telecom, recently held the Healthcare Industry Forum, an event that aims to educate healthcare ...

Top businessmen continues supporting RCBC
Manila Bulletin - 2016-04-04
Rizal Commercial Banking Corporation (RCBC) said that four respected businessmen expressed continues support to RCBC in the light of $81 million heist. Mr. Andrew Tan, Chairman and CEO of Megaworld Corporation, in a letter to Mrs. Helen Y. Dee ...

DMCI completes P900M steel plant in Batangas
Manila Bulletin - 2016-04-04
D.M. Consunji, Inc. (DMCI), the construction arm of diversified engineering conglomerate DMCI Holdings Inc., has completed the construction of a P900 million state-of-the-art steel plant in Calaca, Batangas. In a disclosure to the Philippine Stock Exchange ...

DMCI completes P900M steel plant in Calaca, Batangas
Rappler - 2016-04-04
MANILA, Philippines - The construction arm of Consunji-led DMCI Holdings Incorporated has completed its P900-million ($19.55-million) steel plant in Calaca, Batangas - the first in the Philippines ... from Peddinghaus Corporation and Voortman Steel ...

Villar-owned Golden Haven to raise P787M from IPO
Rappler - 2016-04-04
Golden Haven is the second company to file an IPO application with the SEC this year. In March, CEMEX Holdings Philippines Incorporated, the local cement unit of Mexico's CEMEX SAB De CV, filed a registration statement seeking to raise P39.74 billion ($862 ...

DMCI builds new steel plant
Inquirer - 2016-04-04
THE CONSTRUCTION arm of Consunji-led engineering conglomerate DMCI Holdings has invested P900 million in a new state-of-the-art steel fabrication plant in Calaca, Batangas - the first new steel plant built in the country in nearly four decades.

One generator set at NAIA-3 failed --DOTC chief
MSN - 2016-04-04
The MIAA said the power outage at the NAIA-3 happened after a substation of the Manila Electric Company (Meralco) 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 power ...