BDO, BPI and Metrobank's holiday schedules
Rappler - 2012-12-24
Sy-led BDO Unibank Inc said it will follow the schedule below: December 24, 30 and 31 - select BDO branches will be open until 1pm, while branches in malls will stay open until 3 pm. December 25 and January 1 - all branches will be closed. December 26-29 ...

More companies meet minimum public float
Philstar - 2012-12-23
In separate disclosures to the Philippine Stock Exchange, Synergy Grid & Development Philippines Inc. controlled by Henry Sy Jr., Atok Big Wedge Co. Inc., 2Go Group and Vivant Corp. said their majority shareholders sold shares to comply with the Philippine ...

SSS chief quits Philex board
Rappler - 2012-12-21
MANILA, Philippines - The head of state-run pension fund Social Security System (SSS) has resigned from the board of gold and copper producer Philex Mining Corp. In a disclosure to the stock exchange on December 20, Philex said its board received a ...

Araneta Properties buys more land
Philstar - 2012-12-21
MANILA, Philippines - Publicly-listed Araneta Properties Inc. has acquired five parcels of land in San Jose del Monte, Bulacan for P277.965 million. In a disclosure to the Philippine Stock Exchange, Araneta Properties said it acquired the land from BDO ...

Synergy Grid hikes public float above PSE minimum
interaksyon.com - 2012-12-21
In a disclosure to the Philippine Stock Exchange, Synergy Grid & Development Phils Inc said its chairman Henry Sy Jr and East Fleming Holdings Corp trimmed their ownership in the listed company so it can meet the continuing listing requirement of the bourse.

Araneta Properties acquires land north of Metro Manila
interaksyon.com - 2012-12-20
MANILA - Araneta Properties Inc has expanded its land bank with the acquisition of properties at the outskirts of northern Metro Manila. In a disclosure to the Philippine Stock Exchange, Araneta Properties said it inked an agreement with BDO Strategic ...

Pacific Online distances self from rift between PGMC, PCSO
Philstar - 2012-12-20
MANILA, Philippines - Pacific Online Systems Corp. said yesterday it "has no business dictating to the government" and that it respects the Philippine Charity Sweepstakes Office (PCSO) as regulator of all lottery games in the country. Pacific Online ...

Philex, experts sign rehab deal after mine spill
Rappler - 2012-12-20
This was a press release Philex Mining Corp. released on Thursday, December 20. MANILA, Philippines -- Philex Mining Corp. signed Wednesday night, December 19, three separate agreements with 6 experts in various fields regarding the rehabilitation of ...

Gokongwei-Okada joint venture draws up plan for gaming project
interaksyon.com - 2012-12-20
Empire East Land Holdings Inc had inked a partnership with the Okada group for the development of a luxury residential resort condominium project also in Entertainment City. Last week, Universal Entertainment Group and RLC signed an initial agreement ...

PSEi climbs to just below 5,800
interaksyon.com - 2012-12-20
Actively traded stocks were Atok-Big Wedge, Belle, Metrobank, PLDT and Vivant. Top gainers were Vivant, Mariwasa and Swift, while the biggest losers were Imperial Resources, Lorenzo Shipping and Synergy Grid.

Berjaya girds for legal battle with PCSO over lotto license
philstar.com - 2012-12-19
MANILA, Philippines - Berjaya-led Philippine Gaming Management Corp. (PGMC) is ready to "go to war" with the Philippine Charity Sweepstakes Office (PCSO) for allowing another entity to enter its supposed exclusive Luzon territory without any public ...

Bishop warns Roxas Church will make him pay in 2016
Philippine Daily Inquirer - 2012-12-19
"The Catholic Church has no pork barrel to dangle," she said. Speaker Feliciano Belmonte defended the presence of Roxas and company, saying that as former House members, "they have the right to be there." Belmonte noted that former Sen. Francisco ...

Bishop warns Roxas Church will make him pay in 2016
Philippine Daily Inquirer - 2012-12-19
"The Catholic Church has no pork barrel to dangle," she said. Speaker Feliciano Belmonte defended the presence of Roxas and company, saying that as former House members, "they have the right to be there." Belmonte noted that former Sen. Francisco ...

Vulcan Industrial to sell aggregates business to Anglo
interaksyon.com - 2012-12-18
MANILA - Anglo Philippine Holdings Corp is set to acquire the aggregates unit of Vulcan Industrial & Mining Corp, the potential backdoor listing vehicle of National Book Store. In separate disclosures to the Philippine Stock Exchange, Anglo and Vulcan ...

19 listed companies yet to comply with public float rule
interaksyon.com - 2012-12-18
MANILA -The number of companies which have yet to meet the minimum public float requirement has dropped to 19 less than two weeks before the deadline for compliance, according to data from the Philippine Stock Exchange. In a memorandum, the local bourse ...

19 Listed firms face suspension for failure to meet PSE rule
Philstar - 2012-12-17
Among these companies include PAL Holdings (2.3 percent), Alphaland (8.03 percent), Synergy Grid (7.44 percent), LT Group (4.75 percent), SPC Power (4.53 percent), Vivant (4.18 percent), Atok-Big Wedge (4.16 percent), Seacem (2.4 percent), Allied Bank(1.51 ...

Philodrill sees profits hitting P2B in 2 yrs
Philstar - 2012-12-17
MANILA, Philippines - Listed upstream oil firm Philodrill Corp. expects to hit the P2- billion profit mark in the next two years through higher oil sales. An expansion program in a producing oil field in Northwest Palawan basin that will require around $13 ...

19 listed firms face suspension for failure to meet PSE rule
ABS-CBN News - 2012-12-17
Among these companies include PAL Holdings (2.3 percent), Alphaland (8.03 percent), Synergy Grid (7.44 percent), LT Group (4.75 percent), SPC Power (4.53 percent), Vivant (4.18 percent), Atok-Big Wedge (4.16 percent), Seacem (2.4 percent), Allied Bank(1.51 ...

Baguio folk vow to take SM to High Court over trees
Rappler - 2012-12-13
Esteves sided with the respondents that included DENR Secretary Ramon Paje and the SM Investments Corporation. "Several witnesses and the EPRMP (Environmental Performance Report and Management Plan) prove that the expansion project properly addresses ...

Meralco, Maibarara geothermal plant proponent sign interconnection deal
interaksyon.com - 2012-12-13
Makiling. In a disclosure to the Philippine Stock Exchange, PetroEnergy Resources Corp (PERC) on Thursday said its subsidiary, Maibarara Geothermal Inc (MGI), signed an interconnection agreement with Manila Electric Co. The deal will allow MGI to link its ...

Joseph Calata: dream and be willing to work hard
pep.ph - 2012-12-13
He also partnered with East West Seeds, Monsanto and Planters Products for agricultural seeds and Swire and Viking for fertilizers. The corporation also recently extended services to help farmers. Calata immediately formulated a solution for the problem on ...

Medco Health Solutions Inc. (MHS): Today's Featured Wholesale Loser
The Street - 2012-12-11
and Chefs Warehouse Holdings ( CHEF), down 4.6%. Medco Health Solutions, Inc., a healthcare company, provides clinically-driven pharmacy services for private and public employers, health plans, labor unions, government agencies, and individuals primarily ...

Cebu Pac corners 48% of domestic cargo market
philstar.com - 2012-12-11
MANILA, Philippines - Cebu Air Inc. (Cebu Pacific ... According to her, Cebu Pacific led the domestic cargo market with close to 89.5 million kilos carried last year. "Cebu Pacific cargo provides a flexible and straightforward service.

Alcorn mulls share sale once it acquires Lucio Co businesses
interaksyon.com - 2012-12-11
On Monday, the listed company, set to be renamed Cosco Capital Inc, cleared the subscription of the Lucio Co group to 4.99 billion new shares at P15 apiece for a total subscription price of P74.81 billion in exchange for the shares owned by Co in his ...

SEC approves BDO unit's P15-billion borrowing
interaksyon.com - 2012-12-10
MANILA - A unit of Henry Sy-led BDO Unibank Inc bagged regulatory approval to issue debt papers to pay down maturing obligations and finance lending operations. Documents from the Securities and Exchange Commission show BDO Leasing and Finance Inc received ...

Melco Crown goes backdoor to list in PH
Rappler - 2012-12-10
MANILA, Philippines - Melco Crown Entertainment Ltd., a casino venture between billionaire James Packer and a son of gambling tycoon Stanley Ho, announced that its Philippine units will acquire a shell company about to delist from the local exchange.

Ayala, San Miguel, MVP units among 25 firms below required public float
Rappler - 2012-12-10
MANILA, Philippines (UPDATED) - Some of the country's largest firms or their units are among the 25 firms listed at the Philippine Stock Exchange (PSE) that have yet to comply with the 10% minimum public ownership requirement. On December 10, the PSE ...

Aboitiz resumes operations of Navotas power barges
interaksyon.com - 2012-12-10
MANILA - Regulators have given Aboitiz Power Corp. the green light to reconnect to the grid the four power barges it acquired last year to help shore up power supply in Luzon. According to an order issued by the Energy Regulatory Commission (ERC), Therma ...

Search the database of Maine tax-exempt organizations
Portland Press Herald - 2012-12-10
Benevolent & Protective Order of Elks of The USA Wells 201203 4,904.00 27,597.00 Benevolent & Protective Order of Elks of The USA Pittsfield 201203 87,318.00 170,665.00 Benevolent & Protective Order of Elks of The USA Gardiner 201203 101,528.00 86,336.00 ...

Century Properties chairman Jose E.B. Antonio bags South East Asia Property Awards title
philstar.com - 2012-12-08
The Century Properties founder also received the highly commended citations bestowed by the awards on Trump Tower at Century City for winning in the Best Residential Development-Philippines category, and on Century Properties Group for winning in the Best ...

Tycoon Ongpin says Philippines persecuting him for Arroyo links
Reuters - 2012-12-08
He also owns medium-sized Philippine Bank of Communications, property firm Alphaland Corp, oil explorer Atok-Big Wedge, gaming firm Philweb Corp. Ongpin used the loan proceeds to acquire a stake in top mining firm Philex Mining Corp, which he sold weeks ...

Court freezes bank accounts of Philippine tycoon Ongpin
Reuters - 2012-12-07
He also owns medium-sized Philippine Bank of Communications , property firm Alphaland Corp, oil explorer Atok-Big Wedge, gaming firm Philweb Corp. Ongpin, a Harvard Business School graduate and certified accountant, was not immediately available for ...

AgriNurture taps packaging firm for coconut water venture
interaksyon.com - 2012-12-07
MANILA - AgriNurture Inc (ANI) has entered into a joint venture agreement with a Laguna-based manufacturing company for the management and operation of a tetra packing line for the listed firm's coconut water products. In a disclosure to the Philippine ...

DOE rejects consortium's proposal to revive Bonita oil field
interaksyon.com - 2012-12-05
MANILA - The group of companies looking to revive the Bonita oil field in offshore northwest Palawan failed to bag regulatory approval of their investment in the project. In a disclosure to the Philippine Stock Exchange, Trans-Asia Oil and Energy ...

Greenergy unit to take majority stake in Negros biomass power plant
interaksyon.com - 2012-12-04
MANILA - A company owned by Greenergy Holdings Inc is set to acquire a controlling stake in the firm operating a biomass facility in the Visayas. In a disclosure to the Philippine Stock Exchange, Greenergy said its subsidiary Biomass Holdings Inc and ...

Andrew Tan's Alliance Global hikes 2013 spending to P40-B
Rappler - 2012-12-04
MANILA, Philippines - The holding firm of tycoon Andrew Tan, Alliance Global Group Inc., will hike capital spending to over P40 billion next year as its units continue to expand on the back of the strong economy. "All the units combined, we should be ...

Swift sets sale of properties in Bulacan
interaksyon.com - 2012-12-03
MANILA - Swift Foods Inc on Monday said it plans to sell its real estate properties in Bulacan. In a disclosure to the Philippine Stock Exchange, Swift Foods said its board authorized the sale of two parcels of land with a total area of 507,202 square ...

Swift sets sale of properties in Bulacan
interaksyon.com - 2012-12-03
MANILA - Swift Foods Inc on Monday said it plans to sell its real estate properties in Bulacan. In a disclosure to the Philippine Stock Exchange, Swift Foods said its board authorized the sale of two parcels of land with a total area of 507,202 square ...

Robinsons Land acquires 2-ha Libis property
Philstar - 2012-11-30
MANILA, Philippines - Gokongwei-led property development firm Robinsons Land Corp. is acquiring a two-hectare property in Libis, Quezon City for conversion ... RLC said it acquired the property from Republic Glass Holdings Corp. for a still undisclosed ...

Gokongwei-led Robinsons Land buys 2-hectare QC property
Rappler - 2012-11-30
The lot located in Libis area currently hosts the warehouse of glass manufacturer Republic Glass Holdings Corp. "Republic Glass today (November 28) announced that it signed with Robinsons Land an agreement under the terms of which Republic Glass will ...

Coming soon: FEU Alabang campus
Rappler - 2012-11-30
MANILA, Philippines - A new FEU campus in the bustling Alabang area south of capital Manila is coming soon. Listed Far Eastern University Inc. disclosed to the stock exchange on November 29 that its board has approved the creation of "FEU Alabang Inc" that ...

Far Eastern University board gives FEU Alabang the green light
GMA Network - 2012-11-30
Far Eastern University Inc. is putting up a new school in southern Metro Manila, to be called FEU Alabang, a non-sectarian learning institution, the company said in a disclosure to the Philippine Stock Exchange late Thursday. The company said its board of ...

Jonher Merchandise raps Cebu Holdings
Philippine Daily Inquirer - 2012-11-29
JONHER Merchandise of Jojie Espina routed Cebu Holdings Ayala, 86-48, Wednesday night in the ongoing 4th Inter-Merchants League basketball tournament at the Pope John covered court in Mabolo, Cebu City. Jonher Espina, a CIT University Wildkitten led Jonher ...

PetroEnergy to start Aklan wind power venture
Inquirer - 2012-11-29
Publicly listed PetroEnergy Resources Corp. intends to start by 2013 initial works on its 50-megawatt Nabas wind power project in Aklan. The move will allow the power project to start commercial operations by mid-2014. These targets, however, are still ...

RLC to acquire Republic Glass' 2-hectare property in Libis
interaksyon.com - 2012-11-29
MANILA - Robinsons Land Corp (RLC) is set to acquire a two-hectare property from Republic Glass Holdings Corp. In a disclosure to the Philippine Stock Exchange, Gokongwei-owned RLC said it signed an agreement with Republic Glass for the purchase of the ...

13 face charges for 'manipulating' Calata share price
Rappler - 2012-11-28
MANILA, Philippines (UPDATED) - "Painting the tape" and "hype and dump." These are the methods at least 13 individuals employed to manipulate the share price of agribusiness firm Calata Corp. in the Philippine Stock Exchange, the Securities and ...

CA to decide whether it will extend freeze order on Aman Futures bank accounts
interaksyon.com - 2012-11-28
East West Banking Corporation; Hongkong and Shanghai Banking Corporation; Land Bank of the Philippines; Maybank Philippines Inc.; Metrobank Card Corporation; Metrobank and Trust Company; -- One Network Bank Inc.; Orix Metro Leasing and Finance Company ...

What Went Before: Philex Mining leak
Philippine Daily Inquirer - 2012-11-28
Philex Mining Corp. voluntarily shut down its Padcal operations on Aug. 1, when an accidental discharge of water and sediment was discovered at its tailing pond in Itogon, Benguet province, amid heavy rains from Typhoon "Gener" (international name: Saola).

What Went Before: Philex Mining leak
Philippine Daily Inquirer - 2012-11-28
Philex Mining Corp. voluntarily shut down its Padcal operations on Aug. 1, when an accidental discharge of water and sediment was discovered at its tailing pond in Itogon, Benguet province, amid heavy rains from Typhoon "Gener" (international name: Saola).

Globe eyes up to 70% of Bayan for $180 M
philstar.com - 2012-11-27
The local telco industry has been in a state of consolidation, with Philippine Long Distance Telephone Co. (PLDT) acquiring Digitel from the Gokongweis, and San Miguel Corp. (SMC) purchasing Liberty Telecom, Eastern Telecom and Bell Telecom.