BDO, Nomura seal joint venture deal
GMA Network - 2016-01-27
BDO Unibank, Inc. on Wednesday closed a joint venture agreement with Nomura Asia Investment (Singapore) Pte. Ltd., a wholly-owned subsidiary of Nomura Holdings Inc. The deal covers PCIB Securities Inc., a stock brokerage with a seat on the Philippine Stock ...

7 bullish Japanese brands in the Philippines
entrepreneur.com.ph - 2016-01-27
Since then, Japan has become a strong trading partner of the Philippines. As of November 2015, data from the Philippine Statistics ... FamilyMart has become a fixture in business centers and office buildings around Metro Manila in just three years.

ISM set to sell P358-m shares
thestandard.com.ph - 2016-01-26
Holding company ISM Communications Corp. said Tuesday it will raise P358.1 million from the sale of treasury shares to explore investment opportunities. ISM said in a disclosure to the stock exchange its board approved the sale of 358.1 million treasury ...

ISM set to sell P358-m shares
Manila Standard Today - 2016-01-26
Holding company ISM Communications Corp. said Tuesday it will raise P358.1 million from the sale of treasury shares to explore investment opportunities. ISM said in a disclosure to the stock exchange its board approved the sale of 358.1 million treasury ...

8990 Holdings invited to invest in Sri Lanka
Manila Bulletin - 2016-01-26
The overseas expansion of mass housing developer 8990 Holdings, Inc. is picking up steam, as it has received an invitation to invest in Sri Lanka following similar invitations to go to Malaysia and Tanzania. In an interview, 8990 president Januario Jesus ...

8990 Holdings invited to invest in Sri Lanka
Manila Bulletin - 2016-01-26
The overseas expansion of mass housing developer 8990 Holdings, Inc. is picking up steam, as it has received an invitation to invest in Sri Lanka following similar invitations to go to Malaysia and Tanzania. In an interview, 8990 president Januario Jesus ...

Ayala to start building ITS-South terminal by September
Rappler - 2016-01-26
MANILA, Philippines -- The group of Ayala Land, Incorporated will start the construction ... Integrated Transport System (ITS) South Terminal deal with the transportation department. "With the South ITS connecting different modes of transportation and ...

AFTER 25 HEARINGS | Senate panel terminates Makati corruption inquiry
MSN - 2016-01-26
Mercado, Greenergy Holdings, Inc., Sunchamp Real Estate Development Corporation, Earthright Holdings, Inc., Antonio L. Tiu, Millennium Food Chains Corporation, Elenita S. Binay, Lily Hernandez Crystal, Carmelita Palo Galvan, Francisco Balaguer Baloloy ...

Blue Ribbon sub-committee ends hearing on corruption allegations vs Binay
philstar.com - 2016-01-26
Marguerite Lichnock and Gerardo Limlingan of Meriras Realty Development Corp. / Millenium Food Chains Corp.; Hirene Lopez, Aida Alcantara and Bernadette Portallano of Omni Security Investigation; General Services and Chair/CEO of Greenergy Holdings ...

AFTER 25 HEARINGS | Senate panel terminates Makati corruption inquiry
interaksyon.com - 2016-01-26
Mercado, Greenergy Holdings, Inc., Sunchamp Real Estate Development Corporation, Earthright Holdings, Inc., Antonio L. Tiu, Millennium Food Chains Corporation, Elenita S. Binay, Lily Hernandez Crystal, Carmelita Palo Galvan, Francisco Balaguer Baloloy ...

AFTER 25 HEARINGS | Senate panel terminates Makati corruption inquiry
interaksyon.com - 2016-01-26
Mercado, Greenergy Holdings, Inc., Sunchamp Real Estate Development Corporation, Earthright Holdings, Inc., Antonio L. Tiu, Millennium Food Chains Corporation, Elenita S. Binay, Lily Hernandez Crystal, Carmelita Palo Galvan, Francisco Balaguer Baloloy ...

SsangYong Motor is back in the Philippines
MSN - 2016-01-25
Jaguar's next XJ could rival Porsche Panamera in design and performance

Cheap fuel means 1M more pax for Cebu Air in 2016
BusinessMirror. - 2016-01-25
JG Summit Holdings Inc. expects its Philippine budget airline to carry a million more passengers this year, as decade-low prices for crude oil flow through to cheaper fares. Cebu Air Inc. will probably carry more than 19 million passengers this year, up ...

Cheap fuel means 1M more pax for Cebu Air in 2016
BusinessMirror. - 2016-01-25
JG Summit Holdings Inc. expects its Philippine budget airline to carry a million more passengers this year, as decade-low prices for crude oil flow through to cheaper fares. Cebu Air Inc. will probably carry more than 19 million passengers this year, up ...

Business consortium to promote e-commerce among Visayas SMEs
BusinessMirror. - 2016-01-25
A consortium of businesses led by Union Bank of the Philippines Inc. (UnionBank) targets small and medium enterprises (SMEs) in the Visayas to sell their idea of electronic commerce (e-commerce). "Much like how we engaged SMEs back in Northern Luzon ...

Meralco, 2 power firms sign contracts
thestandard.com.ph - 2016-01-25
Meralco last week signed an interim power supply agreement with 1590 Energy Corp., a unit of listed Vivant Corp., to purchase 170 megawatts of firm capacity from its Bauang power plant from February to July this year. 1590 Energy, which owns and manages ...

Cityland presents projects
Manila Bulletin - 2016-01-25
Cityland, a pioneering developer known for its delivery of projects on time or ahead of schedule, has conducted an openhouse for its two projects, namely Grand Central Residences and Pines Peak Tower 1. This was held in the third week of this month.

Cebu Air parent sees low oil cost bonanza offsets risks to demand
Manila Bulletin - 2016-01-25
JG Summit Holdings, Inc. expects its Philippine budget airline to carry a million more passengers this year, as decade-low prices for crude oil flow through to cheaper fares. Cebu, Air Inc. will probably carry more than 19 million passengers this year, up ...

Cebu Air parent sees low oil cost bonanza offsets risks to demand
Manila Bulletin - 2016-01-25
JG Summit Holdings, Inc. expects its Philippine budget airline to carry a million more passengers this year, as decade-low prices for crude oil flow through to cheaper fares. Cebu, Air Inc. will probably carry more than 19 million passengers this year, up ...

Cityland presents projects
Manila Bulletin - 2016-01-25
Cityland, a pioneering developer known for its delivery of projects on time or ahead of schedule, has conducted an openhouse for its two projects, namely Grand Central Residences and Pines Peak Tower 1. This was held in the third week of this month.

Keppel unifies asset management businesses under Keppel Capital
MSN - 2016-01-25
The multi-faceted firm takes its asset management business a notch higher as it reveals plans plans to consolidate its interests in business trust, REIT, and fund management businesses under Keppel Capital Holdings. According to a press release by Keppel ...

Stocks poised for major but temporary recovery
MSN - 2016-01-24
Severely battered from a global sell-off, Philippine equities may be nearing the end of the first part of a downtrend, with prices poised to ride into a major but temporary recovery to the 6,600 to 6,700 or even up to 7,000, COL Financial Chief Technical ...

Cebu Air Parent Sees Oil Bonanza Trumping Risks to Demand
Bloomberg - 2016-01-23
JG Summit Holdings Inc. expects its Philippine budget airline to carry a million more passengers this year, as decade-low prices for crude oil flow through to cheaper fares. Cebu Air Inc. will probably carry more than 19 million passengers this year, up ...

Palace happy over favorable assessments on PH economy by foreign rating agencies
news.pia.gov.ph - 2016-01-23
Secondly, Quezon said Fitch Ratings expects more foreign banks setting up shops in the Philippines to open their offices after the Security Bank and Bank of Tokyo Mitsubishi deal. Another item is the NICE (National Information and Credit Evaluation ...

Panasonic sees minimum 20% sales growth in 2016
Manila Bulletin - 2016-01-23
Panasonic Philippines Vice President Masaru Toyota cited the growing Philippine economy and the improving incomes of Filipinos that would enable them to buy or upgrade their home appliances. This has led Panasonic to promote more value-added products or ...

Ayala, Lucio Tan in landmark property JV
Manila Bulletin - 2016-01-22
Corporate giants Ayala Land, Inc. (ALI) and LT Group, Inc. (LTG) have entered into a landmark agreement to jointly develop a project along the C5 corridor which is fast transforming from a factory-warehouse center into a bustling commercial and office ...

Ayala, Lucio Tan team up in C5 lot
thestandard.com.ph - 2016-01-22
Property developer Ayala Land Inc. and LT Group Inc., the investment company of tycoon Lucio Tan, signed a partnership to jointly develop a 35-hectare property along the C5 corridor. Ayala Land and LT Group said in a joint disclosure to the stock exchange ...

Panasonic seeks to double sales in PH by 2018
Manila Standard Today - 2016-01-21
Panasonic Manufacturing Philippines Corp. said it expects to double sales by 2018 and improve market share in the consumer durable lines, especially in the washing machine and air-conditioning segments. PMPC vice president Masaru Toyota said the company ...

Panasonic seeks to double sales in PH by 2018
thestandard.com.ph - 2016-01-21
Panasonic Manufacturing Philippines Corp. said it expects to double sales by 2018 and improve market share in the consumer durable lines, especially in the washing machine and air-conditioning segments. PMPC vice president Masaru Toyota said the company ...

Keppel Corporation's (KPELF) CEO Loh Chin Hua on Q4 2015 Results - Earnings Call Transcript
MSN - 2016-01-21
In addition to handing over seven quality jackups in 2015, Keppel Offshore & Marine also delivered several non-drilling solutions to our customers throughout the year. This included a depletion compression platform to Shell Philippines Exploration and a ...

SLI to list P4-B fixed rate bonds at PDS
Manila Bulletin - 2016-01-21
Sta. Lucia Land, Inc. (SLI) is bringing to the local debt market its maiden issuance and listing of the P4-Billion Fixed Rate Bonds Series A Due 2018 and Series B Due 2021. SLI Series A and Series B Fixed Rate Bonds, which have been rated AA+ by Credit ...

The Dark Knight Rises
BusinessMirror. - 2016-01-20
This one-of-a-kind gala night was held recently at the Dusit Thani Hotel in Makati City. Berjaya Auto Philippines President and CEO Steven Tan (center) together with fashion designer Mark Bumgarner (fourth from left) and Love Marie Escudero (a.k.a. Heart ...

SLI to list P4-B fixed rate bonds at PDS
Manila Bulletin - 2016-01-20
Sta. Lucia Land, Inc. (SLI) is bringing to the local debt market its maiden issuance and listing of the P4-Billion Fixed Rate Bonds Series A Due 2018 and Series B Due 2021. SLI Series A and Series B Fixed Rate Bonds, which have been rated AA+ by Credit ...

How OnePlus and Xiaomi are fighting the big brands
Economic Times - 2016-01-20
Even the recent billboards, says Sarin is retail partner Amazon. com's initiative. Anisha Motwani, marketing and digital strategist with the Max Group of companies points out, "Youngsters hardly look at ads these days. There's no content for them on TV.

How OnePlus and Xiaomi are fighting the big brands
Economic Times - 2016-01-20
Even the recent billboards, says Sarin is retail partner Amazon. com's initiative. Anisha Motwani, marketing and digital strategist with the Max Group of companies points out, "Youngsters hardly look at ads these days. There's no content for them on TV.

How OnePlus and Xiaomi are fighting the big brands
Economic Times - 2016-01-20
Even the recent billboards, says Sarin is retail partner Amazon. com's initiative. Anisha Motwani, marketing and digital strategist with the Max Group of companies points out, "Youngsters hardly look at ads these days. There's no content for them on TV.

METROPOLITAN BANK AND TRUST COMPANY
Economic Times - 2016-01-20
Venkataramanan, also known as Venkat, has accused the ousted Tata Sons chairman and others of making false statements against him, damaging his reputation. There are also allegations that Chandra fraudulently took the money of his clients and used a shell ...

METROPOLITAN BANK AND TRUST COMPANY
Economic Times - 2016-01-20
Metropolitan Magistrate Lovleen gave time till July 22 to them after their counsel submitted that they have not received a copy of the application of Swamy. Venkataramanan, also known as Venkat, has accused the ousted Tata Sons chairman and others of ...

China offers banks $91B ahead of Lunar New Year
MSN - 2016-01-19
SHANGHAI -- China's central bank has pledged more than 600 billion yuan ($91 billion) in funding support for banks to provide sufficient liquidity around the traditional Chinese New Year, when demand for cash surges. Chinese companies typically pay ...

Negotiate Filinvest contract'
Visayan Daily Star - 2016-01-19
yesterday reiterated his call on the members of the Board of Directors of the electric cooperative to initiate the re-negotiation for the alleged onerous provisions of the Filinvest Development Corporation Utilities Inc. contract. This is to relieve the ...

Ayala Land not in a rush to tap capital market
MSN - 2016-01-18
"The timing is still a variable because we have short-term lines we can draw on in the meantime. Once we reach a certain amount, that's the time we can go for a bond issue to refinance short-term [debt]," ALI Chief Finance Officer Jaime E. Ysmael told ...

Elanvital Enclaves to launch P1.3-billion project in Cavite
BusinessMirror. - 2016-01-18
EVE is part of a conglomerate with various business ventures, which include Asia United Bank, Republic Biscuit Corp., Oakwood Premier Joy~Nostalg and Crystal Jade. Rizal Raoul Reyes is a contributor for the BusinessMirror. Like his story online via the ...

NGCP asks locals to secure Ilocos transmission towers from bombing
news.pia.gov.ph - 2016-01-18
The NGCP was on heightened alert in the Ilocos area last month following the bombing of a tower owned by the Lepanto Consolidated Mining Corp. in Mankayan, Benguet. To further assure the safety of the power transmission lines in the Ilocos, the NGCP also ...

Oh Snap! Dad's Drawings of His Baby Take It to the Next Level
MSN - 2016-01-18
Costeur joins a pretty solid group of viral parenting snaps and trends. (Remember when parents were using Snapchat filters to scare kids?) While Snapchat is traditionally beloved by teens and millennials, the app is on the verge of its "mom moment."

City Savings Bank to add 15 branches in Luzon, Visayas
BusinessMirror. - 2016-01-18
City Savings Bank--the thrift bank arm of Union Bank of the Philippines--is set to add 15 more branches this year to reach more customers in Luzon and the Visayas. Union Bank Executive Vice President Genaro Lapez said at the sidelines of the news ...

Aboitiz-led thrift bank to open 10-15 branches
MSN - 2016-01-18
CITY SAVINGS Bank, Inc. (CSB) -- the thrift bank of Aboitiz-led Union Bank of the Philippines, Inc. (UnionBank) -- is looking to open more branches this year as it expands its presence in its core market. UnionBank Executive Vice-President for Strategic ...

Central Azucarera de Tarlac INSIDERS ON Board Members
Bloomberg - 2016-01-18
Martin Lorenzo 6 Relationships Chairman of The Board, Chief Executive Officer, Chairman of Executive Committee, Chairman of Compensation Committee, Member of Audit Committee and Member of Nomination Committee 49 Fernando Cojuangco 6 Relationships President ...

Italpinas gets IFC approval for green building certification
BusinessMirror - 2016-01-18
ITALPINAS Development Corp. has secured a greenlight to use the green-building certification of International Finance Corp. (IFC) called EDGE, or short for Excellence in Design for Greater Efficiencies, to one of its developments. The company said IFC ...

Senate OKs additional maternity leaves for employees
Philippine Daily Inquirer - 2016-01-18
Singapore, on the other hand, provides 112 days of maternity leave. Meanwhile, Cambodia, Indonesia, Lao PDR, Myanmar, and Thailand all provide a maternity leave period of 84 days, Cayetano said in her sponsorship speech. She said the bill, known as the ...

Crown Asia boosts PVC compound capacity
Manila Bulletin - 2016-01-18
Crown Asia Chemicals Corporation (Crown Asia), manufacturer of premium PVC compounds and world-class Crown Pipes, is expanding its compounding capacity by 10 percent to 16,500 metric tons per year (MTPY). In a disclosure to the Philippine Stock Exchange ...