Malls go for established brands
Manila Bulletin - 2016-02-28
These include Cosco Capital and DoubleDragon Properties, which are currently executing an aggressive retail expansion strategy, mainly outside Metro Manila. Juan revealed that Binalot itself is set to expand this year and locate in more malls across the ...

Commonwealth Equity Services Has $1,225,000 Position in Sun Life Financial Inc. (SLF)
financial-market-news.com - 2016-02-28
Commonwealth Equity Services raised its stake in shares of Sun Life Financial Inc. (NYSE:SLF) by 31.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,266 shares ...

Sun Life Financial Inc. (SLF) To Go Ex-Dividend on February 29th
Mideast Times - 2016-02-28
Sun Life Financial Inc. (NYSE:SLF) announced a quarterly dividend on Thursday, February 11th, MarketBeat reports. Shareholders of record on Wednesday, March 2nd will be paid a dividend of 0.2802 per share on Thursday, March 31st. This represents a $1.12 ...

FIPB to take up 33 investment proposals on March 7
Daily News and Analysis - 2016-02-28
As per the agenda circulated to secretaries of different ministries and departments, the FIPB would take up proposals of Apollo Hospitals Enterprise, Whirlpool Asia Pvt Ltd, Bupa Singapore Holdings Pte Ltd, and Sun Life Financial (India) Insurance ...

At 30: PCGG by the numbers
Rappler - 2016-02-28
Soriano Corp (Anscor), Lepanto Consolidated Mining Company, and Philippine Telecommunication Investment Corp (PTIC). As of January 2016, the PCGG is due to privatize 15 surrendered or recovered real estate properties, 7 of which are already up for auction ...

60% of rivers in Lingayen drying up due to El Nino, fishponds in danger
MSN - 2016-02-28
LINGAYEN, Pangasinan -- The fishery industry in this capital town of Pangasinan is under serious threat from El Niño. Edgar Sison, president of the Lingayen Federation of Fisherfolk Organizations (LIFFO) Inc., said about 60 percent of the rivers in the ...

Jollibee To Divest In Chinese Noodle Restaurant, San Ping Wang
ibtimes.ph - 2016-02-28
Jollibee Foods Corp. (PSE: JFC) is divesting from Guangxi San Ping Wang Food and Beverage Management Co. Ltd. (SPW). San Ping Wang is a popular local Chinese restaurant serving low-priced beef noodles. Read on to learn more about it. 3 Fast Facts On ...

Solar Phl completes Calatagan solar farm
MSN - 2016-02-27
The project was made possible through the support of local banks, namely Philippine Business Bank (PBB), BDO Unibank Inc., China Banking Corp., and Bank of Commerce. "Our banking partners have given unprecedented support, and we look forward to extend ...

Vista Land expansion shows no signs of slowing
MSN - 2016-02-27
Vista Land expects its earnings this year to get a boost from the consolidation of Starmalls, Inc. to its books after completing the acquisition of 88.25% of the mall and office developer. "By the end of 2016, we're expecting Starmalls to have a very rapid ...

On frequency allocation
Philstar - 2016-02-27
The 700 MHz frequency is currently mostly held by Liberty Telecom, a wholly owned subsidiary of the San Miguel Corp. group. Rodolfo "Jun" Lozada, whistleblower of the famed NBN-ZTE scam, compared the Internet "superhighway" to a limited roadway ...

Canlubang seizes PAL seniors lead
Inquirerer Sports - 2016-02-27
SPONSORS: People Asia, Travelife, Mareco Broadcasting Network (Crossover), Manila Broadcasting Corporation, Airbus, Business Mirror, Philippine National Bank, Inquirer, Inquirer.net, Plantation Bay Resort, Tanduay, Asia Brewery, Splash Corporation ...

7- Eleven continues major expansion goals for 2016, targets metro provinces in Visayas and Mindanao
The Daily Tribune - 2016-02-27
After ending the previous year on a high note, world-renowned convenience store chain giant 7-Eleven is about to get bigger with its continued massive expansion campaign for 2016. According to Francis Medina, Business Development Division Manager of ...

Ayala Land acquires 51% of Tutuban Center owner
Inquirer - 2016-02-27
PROPERTY giant Ayala Land Inc. has sealed a deal to acquire majority interest in Prime Orion Philippines Inc. (Popi), owner and developer of the popular bazaar hub in Divisoria, Tutuban Center. A deed of subscription had been executed whereby ALI ...

Ayala Land takes over Tutuban
thestandard.com.ph - 2016-02-26
Ayala Land Inc., the second-biggest property developer, said Friday it finalized the acquisition of a majority stake in Prime Orion Properties Inc., the company that owns the Tutuban retail complex in the shopping district of Divisoria in Tondo, Manila.

Ayala Land takes over Tutuban
thestandard.com.ph - 2016-02-26
Ayala Land Inc., the second-biggest property developer, said Friday it finalized the acquisition of a majority stake in Prime Orion Properties Inc., the company that owns the Tutuban retail complex in the shopping district of Divisoria in Tondo ...

Renewable energy
Manila Bulletin - 2016-02-26
This week, I will inaugurate the 50.07-MW Tarlac Solar Power Plant (TSPP) at the Central Techno Park in Tarlac City -- a project of the PetroSolar Corporation ... of green project envisioned in the Renewable Energy Act (R.A. 9513), I wrote and pushed ...

Davao Water deal
thestandard.com.ph - 2016-02-26
Manila Water Company Inc. said Friday Tagum Water Company Inc. and the Tagum Water District signed an agreement to supply of bulk water to TWD for a period of 15 years. Tagum Water is a joint venture between Davao Del Norte Water Infrastructure Co. Inc ...

PXP reduces loss
thestandard.com.ph - 2016-02-26
Philex Petroleum Corp., the oil and gas exploration unit of Philex Mining Corp., on Friday reported a net loss attributable to equity holders of the parent company of P87.5 million in 2015, down from P225.6 million in 2014. The company said reported ...

Legal counsel: MRT 3 could have provided better service if DOTC allowed Metro Pacific to upgrade line
BusinessMirror. - 2016-02-26
Together with foreign firms Sumitomo Corp. of Japan and Globalvia Infrastructuras of Spain, Metro Global Holdings Inc. proposed to "fix" the ailing system through a $150-million investment that involves the procurement of a total of 96 new train cars ...

ALI completes takeover of Tutuban Center
Philstar - 2016-02-26
MANILA, Philippines - Ayala Land Inc. has sealed a deal to acquire a majority interest in Prime Orion Philippines Inc. (POPI), the owner and developer of the iconic Tutuban Center in Divisoria, Manila Under the agreement, ALI subscribed to 2.5 billion ...

Baguio to undergo 5-year re-greening
Philstar - 2016-02-26
The master plan should address tourism, congestion and traffic flow," Tan said. She said SM Prime Holdings has agreed to create a master plan that would change the landscape of SM Baguio in support of the DOT-CAR campaign. "We need to brace ourselves ...

Host MIMOSA big threat in founders class Luisita hikes lead to 12 vs Canlubang
Philstar - 2016-02-26
Other supporters are Plantation Bay Resort and Spa, Tanduay Distillers, Asia Brewery, Splash Corporation, RFM Corporation, Goldilocks, Eastgate Publishing Corporation, Robinsons Land and Rolls-Royce. Eagle Ridge, with Kim Dong Hee sizzling with 52 and Lee ...

Walking the talk
Manila Standard Today - 2016-02-26
Consumers can influence companies to be more responsible by supporting those committed to sustainable practices, Cement maker Holcim Philippines, Inc. said recently. Addressing the Kalikasan GP3 Expo Conference, Holcim Philippines president and CEO Eduardo ...

Walking the talk
thestandard.com.ph - 2016-02-26
Consumers can influence companies to be more responsible by supporting those committed to sustainable practices, Cement maker Holcim Philippines, Inc. said recently. Addressing the Kalikasan GP3 Expo Conference, Holcim Philippines president and CEO Eduardo ...

Tenacious Luisita pads lead to 12
Inquirerer Sports - 2016-02-26
Eastgate Publishing Corp., Robinsons Land, Rolls-Royce. The scores: CHAMPIONSHIP--Luisita 288; Canlubang 276. FOUNDERS--Mimosa 289; Cebu Country Club 275; The Orchard 266; Pueblo de Oro, Manila Golf 260; Alta Vista 244; Alabang 238; Vancouver ABC 217 ...

Centuria Medical Makati opens greater opportunities for medical tourism in PH
Inquirer - 2016-02-26
Medical tourism in the country has escalated in the recent years. There has also been an increasing demand for properties that are specifically centered on medical facilities. Century Properties Group has opened the doors of Centuria Medical Makati, ...

Philex Petroleum pares down losses in 2015
Philstar - 2016-02-26
MANILA, Philippines - Philex Petroleum Corp., the upstream oil and gas unit of listed mining firm Philex Mining Corp., reduced its net loss incurred in 2015 despite the slide in crude oil prices and lower production. The company disclosed its net loss ...

Gas from thawing permafrost compounding global warming - study
Manila Bulletin - 2016-02-26
Previous studies have suggested that permafrost could decline by as much as 70 percent by the end of the century, according to the statement.

Rafflesiaconsueloae: The smallest among giant flowers
Manila Bulletin - 2016-02-26
This is within the Pantanbangan-Carranglan Watershed where the Pantabangan Hydroelectric Dam is located. It is currently operated by First Gen Hydro Power Corp (FGHPC). FGHPC together with UP Biology and Diliman Science Research Foundation (DSRF ...

Ayala Land assumes control of Prime Orion
BusinessMirror. - 2016-02-26
PROPERTY developer Ayala Land Inc. (ALI) on Friday assumed control of Prime Orion Philippines, the owner of Tutuban mall in Divisoria, Manila. The companies said in their separate disclosures to the Philippine Stock Exchange, ALI officials were elected as ...

ALI finally gets majority stake in POPI
Manila Bulletin - 2016-02-26
After some delays, Ayala Land, Inc. (ALI) and Prime Orion Philippines, Inc. (POPI) have finally executed agreements wherein ALI acquired a 51.06 percent stake in POPI, owner of Tutuban Center, for P5.63 billion. In disclosures to the Philippine Stock ...

BDO Leasing posts P556-million profit
Manila Bulletin - 2016-02-26
Going forward, BDO Leasing said it will continue to intensify its provincial thrust and tap opportunities in growth areas. The company said it also seeks to take advantage of the sustained growth in vehicle sales through its joint venture with Mitsubishi ...

BDO Leasing posts P556-million profit
Manila Bulletin - 2016-02-26
BDO Leasing and Finance, Inc. (BDOLF), the leasing and financing subsidiary of BDO Unibank, Inc. (BDO), posted a 10 percent increase in net income to P556 million last year. In a statement, the company said its strong performance was driven by the 16 ...

ALI finally gets majority stake in POPI
Manila Bulletin - 2016-02-26
Inc. (POPI) have finally executed agreements wherein ALI acquired a 51.06 percent stake in POPI, owner of Tutuban Center, for P5.63 billion. In disclosures to the Philippine Stock Exchange, both firms said they have singed a Deed of Subscription and a ...

BDO Leasing posts 10% rise in net income in 2015
Philstar - 2016-02-26
The Sy-led bank is seen harnessing the complementary strengths of the joint venture partners to take advantage of the sustained growth in vehicle sales on the back of increasing consumer affluence and a growing population. "These should enable BDO ...

Philex Mining net income rose 10% to P776M in 2015
Business Mirror - 2016-02-26
PHILEX Mining Corp. on Wednesday said its net income for 2015 rose by 10 percent to P776 million, from the P703 million recorded in 2014. This, despite the slump of metal prices in the world market. In a statement, Philex said it has been able to mitigate ...

Young entrepreneurs told to take risks
news.pia.gov.ph - 2016-02-26
ILOILO CITY, February 26 (PIA) --- Young entrepreneurs should have the courage to take significant risks when starting their business, said Filipino scientist and entrepreneur Aisa Mijeno. Mijeno, founder of the Sustainable Alternative Lighting (SALt ...

Debate excerpt: Binay vs Miriam on dynasties
Philstar - 2016-02-26
Narciso Santiago III, however, is again running as a congressman under the party-list Sinag Tungo sa Kaunlaran this May. Video courtesy of GMA Network Inc. Homepage ( Article MRec ), pagematch: 1, sectionmatch: 1

National Bank Financial Raises Sun Life Financial Inc. (SLF) Price Target to C$43.00
Ticker Report - 2016-02-26
Sun Life Financial Inc. (TSE:SLF) had its target price lifted by National Bank Financial from C$41.00 to C$43.00 in a research report report published on Monday morning, MarketBeat.com reports. Other research analysts have also issued research reports ...

'UNFINISHED BUSINESS' | Recto: EDSA Revolt hasn't given coco levy funds back to farmers
interaksyon.com - 2016-02-26
On May 7, 2004, the Sandiganbayan rendered a partial summary judgment, declaring that the six Coconut Industry Investment Fund - Oil Mills Group (CIIF-OMG) companies, their 14 holding firms, and the CIIF-OMG block of San Miguel Corporation (SMC ...

135-MW power plant in Batangas doubles output
thestandard.com.ph - 2016-02-25
South Luzon Thermal, a joint venture between Trans-Asia Oil and Energy Development Corp. of the Phinma Group and AC Energy Holdings Inc. of Ayala Corp., said the second unit was now in full operation. The power plant in Calaca utilizes clean coal or ...

Trade between Philippines and Malaysia at $5B in 2015
Mindanews - 2016-02-25
Ayup named oil giant Petron Corp. and Universal Robina Corporation (URC) as two Filipino companies already operating in Malaysia. The MATRADE official said that they are encouraging investors from their country to invest in Mindanao, particularly on ...

PCGG-OSG wants to split Marcos wealth case into 5 sub-trials
Rappler - 2016-02-25
The fourth deals with the "unlawful acquisition of the shares of stock, control of, and transfer of the shares of Benguet Corporation" and will include former executives of Meralco, Family Bank and Trust Company, PJI, Palm Avenue Realty, and Palm ...

Garnishment order on LBC lifted
Philstar - 2016-02-25
... obtained a court order that effectively lifted the garnishment order on the assets of LBC Express Inc. In a disclosure to the Philippine Stock Exchange, LBC Express Holdings Inc. said it has been advised of the issuance by the Makati Regional Trial ...

Philex Mining : 2015 profit up 10%
4 Traders - 2016-02-25
MANILA, Philippines - Pangilinan-led Philex Mining Corp. managed to post a 10 percent increase in its net income last year to P776 million despite low metal prices in the world market. The company attributed the growth in earnings to the strict ...

The return
Philstar - 2016-02-25
Between 1982 and 1986 alone, according to witnesses, at least $83 million was deposited in the so-called 7700 account in the Security Bank and Trust Co. in Manila, from where Imeldific allegedly drew funds for her world-class shopping sprees. In 1995 ...

Slowly does it
The Economist online - 2016-02-25
Business people tell more worrying tales. As commutes grow longer, productivity is suffering, says Jaime Ysmael of the Ayala Corporation, a conglomerate. Filipinos will vote for a new president in May, and the candidates are trying to blame each other for ...

Philex Mining net income rose 10% to P776M in 2015
BusinessMirror. - 2016-02-25
PHILEX Mining Corp. on Wednesday said its net income for 2015 rose by 10 percent to P776 million, from the P703 million recorded in 2014. This, despite the slump of metal prices in the world market. In a statement, Philex said it has been able to mitigate ...

BDO Leasing profit up 10% in 2015
BusinessMirror. - 2016-02-25
BDO Leasing is also set to take advantage of the sustained growth in vehicle sales through its joint venture with Mitsubishi Motors Philippines Corp. (MMPC), Sojitz Corp. and JACCS Co. Ltd. The company announced early this year that it signed a joint ...

AC Energy may not need BSP okay for coal project
BusinessMirror. - 2016-02-25
AC Energy Holdings Inc. said financing for its coal-power project in Bataan may no longer require approval from the Bangko Sentral ng Pilipinas (BSP). This, a company official said, could cut down processing time by at least three months. AC Energy ...