Nasc Technologies, Globe Telecom bring cloud mobility solutions to Philippine enterprises
Philstar - 2015-08-24
Nasctech Streamline solution modernizes the operations of the installation and maintenance activities of Globe Business. MANILA, Philippines - Nasc Technologies Ltd. has been selected by leading Philippine telco Globe Telecom to modernize the ...

Filinvest parent teams up with 2 foreign partners on airports
Manila Standard Today - 2015-08-23
Speaking of Filinvest Land, parent company Filinvest Development Corp. led by tycoon Andrew Gotianun Sr. has taken not one, but two new foreign parters in bidding for the P108.2-billion regional airports project of the Transportation Department.

STOCK-MARKET OUTLOOK
BusinessMirror. - 2015-08-23
... Corp., Pryce Corp., United Paragon Mining Corp., 2Go Group Inc., Prime Orion Philippines Inc. and SSI Group Inc., while top gainers were Imperial Resources Inc. A, Pacifica Inc., F and J Prince Holdings Corp. A, Discovery World Corp., Benguet Corp. B ...

STOCK-MARKET OUTLOOK
BusinessMirror. - 2015-08-23
Discovery World Corp., Benguet Corp. B and Asian Terminals Inc. SHARE prices are seen to continue their fall this week, with the main index probably touching the 7,100 level, driven mostly by the volatile overseas market mainly caused by devaluation of the ...

Property, consumer stocks to soar amid election
Manila Bulletin - 2015-08-23
In its technical analysis, COL Financial Group, Inc. put in a buy recommendation to the stocks of Century Pacific Food, Inc. and Puregold Price Club, Inc., while it advised investors not to let go of their shares yet in Concepcion Industrial Corp., D&L ...

STOCK-MARKET OUTLOOK
BusinessMirror. - 2015-08-23
Top losers for the week were Trans-Asia Petroleum Corp., Pryce Corp., United Paragon Mining Corp., 2Go Group Inc., Prime Orion Philippines Inc. and SSI Group Inc., while top gainers were Imperial Resources Inc. A, Pacifica Inc., F and J Prince Holdings ...

STOCK-MARKET OUTLOOK
BusinessMirror. - 2015-08-23
Top losers for the week were Trans-Asia Petroleum Corp., Pryce Corp., United Paragon Mining Corp., 2Go Group Inc., Prime Orion Philippines Inc. and SSI Group Inc., while top gainers were Imperial Resources Inc. A, Pacifica Inc., F and J Prince Holdings ...

PSBank upgrades digital platform
Philstar - 2015-08-23
MANILA, Philippines - Philippine Savings Bank, the thrift bank arm of Metropolitan Bank and Trust Co. further enhanced its website to provide clients and visitors a better user experience. PSBank senior vice president Emmanuel Tuazon said the upgrade of ...

Maintenance Schedules
meralco.com.ph - 2015-08-23
Solano St. to Bilibid Viejo St. including National Teachers College; and C. M. Aguila St. in Quiapo. Portion of Bilibid Viejo St. from J. Nepomuceno St. to S. H. Loyola St. (Lepanto) including San Sebastian College. Portion of R. Hidalgo St. from J.

Go family fightS over P2-B sale of Gotesco property
BusinessMirror - 2015-08-21
MEMBERS of the Go family, behind the establishment of Ever Gotesco shopping malls, are locked in legal battle over the sale to SM Prime Holdings Inc. of a 2.268-hectare property in Caloocan City, with an estimated value of P2 billion. In a ruling penned by ...

Go family fightS over P2-B sale of Gotesco property
BusinessMirror. - 2015-08-21
MEMBERS of the Go family, behind the establishment of Ever Gotesco shopping malls, are locked in legal battle over the sale to SM Prime Holdings Inc. of a 2.268-hectare property in Caloocan City, with an estimated value of P2 billion. In a ruling penned by ...

DMCI qualifies for prison PPP bidding
Philstar - 2015-08-21
MANILA, Philippines - DMCI Holdings Inc. has been qualified to bid for the P50.18-billion Regional Prison Facilities. The Pre-Qualifications, Bids and Awards Committee of the Department of Justice earlier disqualified DMCI due to documentary deficiencies.

AboitizPower to build 59-MW solar power project
interaksyon.com - 2015-08-21
DAVAO CITY, Philippines - Aboitiz Power Corp. (AboitizPower) and SunEdison have awarded the Engineering, Procurement and Construction (EPC) contract for their first joint solar power project near San Carlos City, Negros Occidental. The EPC contractor ...

Pre-colonial Gold of Ancestors to be Showcased in New York
artplus.ph - 2015-08-21
Coca-Cola FEMSA Philippines, First Philippine Holdings Corporation, Goldman Sachs Gives, J.P. Morgan, Philam Life, an AIA Company, San Miguel Corporation, UBS AG and Western UnionĀ®. Philippine media partners are Philippine Daily Inquirer and Philippine ...

DMCI qualifies for prison project
Manila Standard Today - 2015-08-20
Engineering conglomerate DMCI Holdings Inc. said it is now qualified to bid for the P50.1- billion Regional Prison Facilities project of the Justice Department. DMCI was previously disqualified to bid for the project because of "documentary deficiencies".

Roxas Holdings income drops 28%
Philstar - 2015-08-20
Company chairman Pedro E. Roxas said they have put in place measures to address the low cane supply situation, particularly in its Central Azucarera de la Carlota plant in Negros Occidental. "We hope to stabilize the cane supply situation across all our ...

Nickel Asia buys minor stake in Nihao Mineral for P404 million or 10 percent
BusinessMirror. - 2015-08-19
MINING company Nickel Asia Corp. (NAC) has acquired 10 percent of Nihao Mineral Resources International Inc. (Nihao) for P404 million. "The company considers this transaction an important milestone in the furtherance of its growth strategy," NAC said ...

Nickel Asia buys minor stake in Nihao Mineral for P404 million or 10 percent
BusinessMirror. - 2015-08-19
MINING company Nickel Asia Corp. (NAC) has acquired 10 percent of Nihao Mineral Resources International Inc. (Nihao) for P404 million. "The company considers this transaction an important milestone in the furtherance of its growth strategy," NAC said ...

Nickel Asia buys minor stake in Nihao Mineral for P404 million or 10 percent
BusinessMirror. - 2015-08-19
MINING company Nickel Asia Corp. (NAC) has acquired 10 percent of Nihao Mineral Resources International Inc. (Nihao) for P404 million. "The company considers this transaction an important milestone in the furtherance of its growth strategy," NAC said ...

Nickel Asia buys minor stake in Nihao Mineral for P404 million or 10 percent
BusinessMirror. - 2015-08-19
MINING company Nickel Asia Corp. (NAC) has acquired 10 percent of Nihao Mineral Resources International Inc. (Nihao) for P404 million. "The company considers this transaction an important milestone in the furtherance of its growth strategy," NAC said ...

Apex Mining turns in a profit on higher gold, silver production
interaksyon.com - 2015-08-19
MANILA - Apex Mining Company Inc returned to profitability in the first six months of the year. The mining firm told the Philippine Stock Exchange that it earned P81.7 million in the January to June period, a turnaround from the P279 million loss last year.

Apex Mining turns in a profit on higher gold, silver production
interaksyon.com - 2015-08-19
MANILA - Apex Mining Company Inc returned to profitability in the first six months of the year. The mining firm told the Philippine Stock Exchange that it earned P81.7 million in the January to June period, a turnaround from the P279 million loss last year.

Apex Mining turns in a profit on higher gold, silver production
interaksyon.com - 2015-08-19
MANILA - Apex Mining Company Inc returned to profitability in the first six months of the year. The mining firm told the Philippine Stock Exchange that it earned P81.7 million in the January to June period, a turnaround from the P279 million loss last year.

AUB net interest income up 17%
BusinessMirror. - 2015-08-19
PUBLICLY listed Asia United Bank (AUB) and its subsidiaries posted a net interest income of P2.2 billion in the first six months of the year, 17.3 percent higher than P1.9 billion a year ago, based on its latest unaudited financial results. Despite the ...

Low sugarcane supply pulls down Roxas Holdings' profit
interaksyon.com - 2015-08-19
RHI chairman Pedro E. Roxas said the company has put in place measures to address the low cane supply situation, particularly in its Central Azucarera de la Carlota plant in Negros Occidental. "We hope to stabilize the cane supply situation across all ...

Low sugarcane supply pulls down Roxas Holdings' profit
interaksyon.com - 2015-08-19
MANILA - Listed sugar miller Roxas Holdings, Inc. (RHI) on Wednesday said its profit declined by 28 percent as of third quarter ending June 2015 due to low cane supply. RHI reported to the Philippine Stock Exchange (PSE) that its net income from September ...

JG Summit plant violated environmental regulations -DENR
Rappler - 2015-08-19
Another outcome of the technical conference was the decision for a multi-partite monitoring team to "review and revise the Manual of Operation of JG Summit Holdings, Inc," reads the disposition. The team is composed of city and village officials ...

Environment Department may slap water use tax on Manila Water's Boracay unit
interaksyon.com - 2015-08-19
BORACAY ISLAND, Aklan, Philippines - The Provincial Environment and Natural Resources Office (PENRO) may revive negotiations with Manila Water Company Inc over the imposition of a water use tax. Merlene Aborka, PENRO chief for technical operations ...

Environment Department may slap water use tax on Manila Water's Boracay unit
interaksyon.com - 2015-08-19
BORACAY ISLAND, Aklan, Philippines - The Provincial Environment and Natural Resources Office (PENRO) may revive negotiations with Manila Water Company Inc over the imposition of a water use tax. Merlene Aborka, PENRO chief for technical operations ...

Megaworld building 2 malls in Fort Bonifacio
philstar.com - 2015-08-19
MANILA, Philippines - Megaworld Corp. is set to unveil two new malls with a combined investment of P4 billion at its posh Uptown Bonifacio township in the former military base. In a briefing yesterday, Megaworld first vice-president Kevin Tan said the ...

Sheer volume lifts Apex Mining H1 income from net loss
GMA Network - 2015-08-19
Apex Mining Company Inc. recorded a consolidate net income of P81.7 million in the first half of 2015, a turnaround from a P279.0-million net loss the gold miner incurred a year earlier. The company noted that sheer output volume helped its bottom line.

2Go reports 94% jump in profit
Inquirer - 2015-08-18
2GO Group Inc. posted a 94-percent jump in its first semester net income before tax to P1.2 billion, from P620.3 million a year ago. In a report filed in the Securities and Exchange Commission, the group said operating income from core businesses hit P1.3 ...

Lease agreement extension between PCSO, supplier questioned
Philippine Daily Inquirer - 2015-08-18
"By merely extending the ELA with Berjaya Philippines, Inc.-Philippine Gaming and Management Corporation (PGMC), PCSO hereby limits the opportunities for the government to be able to procure the best available solutions at the most advantageous price to ...

Firm linked to Binay not affected by scandal
BusinessMirror. - 2015-08-18
AGRINURTURE Inc. (ANI), the company of controversial businessman Antonio Tiu, reported a 14-percent growth in the second quarter of the year, posting a consolidated revenue of nearly P800 million. In a statement, Tiu, who took over the helm of the company ...

Firm linked to Binay not affected by scandal
BusinessMirror. - 2015-08-18
AGRINURTURE Inc. (ANI), the company of controversial businessman Antonio Tiu, reported a 14-percent growth in the second quarter of the year, posting a consolidated revenue of nearly P800 million. In a statement, Tiu, who took over the helm of the company ...

ABS-CBN lifts Lopez Holdings income higher
Philstar - 2015-08-18
MANILA, Philippines - Lopez Holdings Corp. reported a 7.7 percent rise in its first half income to P1.95 billion, boosted by the positive performance of subsidiary ABS-CBN Corp. In a disclosure to the Philippine Stock Exchange, Lopez Holdings said revenues ...

Lopez Holdings income rose 8% in H1
BusinessMirror. - 2015-08-18
LOPEZ Holdings Inc. on Monday said its attributable income rose 8 percent during the first half of the year as a result of the good performance of its television network that continues its dominance in the ratings. The company said its income for the ...

Lopez Holdings income rose 8% in H1
BusinessMirror - 2015-08-18
LOPEZ Holdings Inc. on Monday said its attributable income rose 8 percent during the first half of the year as a result of the good performance of its television network that continues its dominance in the ratings. The company said its income for the ...

Mobile services boost Xurpas' first-half profit
interaksyon.com - 2015-08-18
MANILA - Technology firm Xurpas Inc. on Monday said its first-half profit rose by 10.1 percent on sustained growth of its core mobile consumer services business. Xurpas reported to the Philippine Stock Exchange (PSE) that its net income reached P115.61 ...

Mobile services boost Xurpas' first-half profit
interaksyon.com - 2015-08-18
MANILA - Technology firm Xurpas Inc. on Monday said its first-half profit rose by 10.1 percent on sustained growth of its core mobile consumer services business. Xurpas reported to the Philippine Stock Exchange (PSE) that its net income reached P115.61 ...

Online business props up Leisure Resorts' bottom line
interaksyon.com - 2015-08-18
MANILA - Leisure & Resorts World Corporation (LRWC) grew its first-semester profit by 50 percent to P454 million on the back of robust growth in its online and retail businesses despite the downtrend in the gaming sector. In a statement, LRWC said the net ...

Online business props up Leisure Resorts' bottom line
interaksyon.com - 2015-08-18
MANILA - Leisure & Resorts World Corporation (LRWC) grew its first-semester profit by 50 percent to P454 million on the back of robust growth in its online and retail businesses despite the downtrend in the gaming sector. In a statement, LRWC said the net ...

Online business props up Leisure Resorts' bottom line
interaksyon.com - 2015-08-18
MANILA - Leisure & Resorts World Corporation (LRWC) grew its first-semester profit by 50 percent to P454 million on the back of robust growth in its online and retail businesses despite the downtrend in the gaming sector. In a statement, LRWC said the net ...

Trans-Asia Petroleum's Aussie partner to abandon Hawkeye-1 well off Palawan
interaksyon.com - 2015-08-18
MANILA - Otto Energy Ltd, the Australian operator of service contract no. 55 off Palawan, said Hawkeye-1 well was not commercially viable. "The Hawkeye-1 exploration well has proven the existence of hydrocarbons in SC55. The hydrocarbon size discovered ...

Maintenance Schedules
meralco.com.ph - 2015-08-18
Portion of Gen. T. De Leon Road from Padrigal St. to and including Arbor Towne Subd. Phases I, II & III and Santos Subd.; G. Perez, A. Padrino and Bible Sts.; Febias College of Bible and Valenzuela General Hospital in Bgy. Karuhatan. REASON: Replacement of ...

Online business props up Leisure Resorts' bottom line
MSN - 2015-08-17
MANILA - Leisure & Resorts World Corporation (LRWC) grew its first-semester profit by 50 percent to P454 million on the back of robust growth in its online and retail businesses despite the downtrend in the gaming sector. In a statement, LRWC said the net ...

Pepsi PH registers net profit of P560m
Manila Standard Today - 2015-08-17
Softdrink maker Pepsi-Cola Products Philippines Inc. said net income in the first half of 2015 rose 17 percent amid strong volume growth across all major product categories. PCPPI said in a disclosure to the stock exchange net income in the January-to ...

Successful Strategies for Doing Business in Asia: Indonesia (Updated)
JD Supra - 2015-08-17
1. WHAT ROLE WILL THE GOVERNMENT OF INDONESIA PLAY IN APPROVING AND REGULATING FOREIGN DIRECT INVESTMENT? The existing Indonesian Investment Act is Law No. 25 of 2007, passed by the Indonesian House of Representatives (DPR) in March 2007 and enacted on 26 ...

Lopez Holdings income rose 8% in H1
BusinessMirror. - 2015-08-17
LOPEZ Holdings Inc. on Monday said its attributable income rose 8 percent during the first half of the year as a result of the good performance of its television network that continues its dominance in the ratings. The company said its income for the ...

PRCI sales lower by 5.26% to P1.29 billion in January-June
BusinessMirror - 2015-08-17
COMPETITION with other racetrack operators and gambling options brought down the sales of the Philippine Racing Club Inc. (PRCI) by 5.26 percent during the first six months of this year. From P1.365 billion in the same period of 2014, it dropped to P1.293 ...