8990 to launch P2-billion share buyback program
BusinessMirror - 2 weeks ago
THE board of mass-housing builder 8990 Holdings Inc. on Monday said it approved a P2-billion share buyback program that will run through August next year. "The share buyback program will not ...

GMA won TV ratings war in January
BusinessMirror - 2 weeks ago
GMA Network Inc., citing data from Nielsen, claimed on Monday to have led the nationwide ratings game in January, after recording a 37.8-percent audience share in the National Urban Television ...

Tiger Resort: Backdoor bid successful
BusinessMirror - 2 weeks ago
the company that owns the local operator of Okada Manila in Entertainment City in Parañaque said it concluded the share-purchase agreement of certain shareholders of Asiabest Group International ...

Meralco sees higher generation charge for February billing period
BusinessMirror - 2 weeks ago
The Manila Electric Co. (Meralco) is expecting the generation charge component in consumer power bills to increase this month, mainly due to the normalization of capacity fees of power supply ...

PAGEONE wins grand slam in 54th Anvil Awards; clinches 3rd Agency of the Year, Grand Anvil and Platinum Awards
BusinessMirror - 2 weeks ago
The agency also won the Grand Anvil Award for its client STI-Education Services Group and the Platinum Award for its client Energy Development Corporation (EDC). Since its founding in 2015 ...

Mislatel wants to improve Philippine internet speed, but its backer lags in world rankings
InterAksyon - 2 weeks ago
Congress gave the consortium until February 17 to provide the government with the necessary requirements such as a copy of its business plan and roll out plan before it can start operating in the country. Meanwhile, the Department of Information and ...

India Engineering Trade Fair Inaugurated
Webindia 123 - 2 weeks ago
IETF 2019 is Supported by Ministries of Government of India: External Affairs, Ayush, Department for Promotion of Industry and Internal Trade, Electronics & Information Technology, Health & Family ...

Military steps in as Australia floods bring crocs to the streets
Rappler - 2 weeks ago
CAIRNS, Australia - Australia's military has been deployed to tackle devastating "once-in-a-century" floods that have inundated homes, schools and airports in the country's northeast, forcing hundreds to flee and bringing crocodiles onto the streets.

SE Asia Stocks-Most fall, Philippines loses most
Reuters - 2 weeks ago
Industrials and financials dragged the index with SM Investments Corp and BDO Unibank Inc dipping 1.6 percent and 0.9 percent, respectively. Investors were skeptical about the actual progress made at the talks, especially with regard to core U.S. demands ...

Gas prices seen going down by 60¢-70¢ per liter
philstar.com - 2 weeks ago
In its advisory, Unioil Philippines said it expects a decrease in fuel prices this week. The firm said diesel would go down by 30 to 40 centavos and gasoline should go down by 60 to 70 centavos per liter. The past four weeks showed higher oil prices ...

2018: A year of awards
philstar.com - 2 weeks ago
Doris Magsaysay-Ho of A. Magsaysay Inc. delivers her acceptance ... The latest batch of was recognized by President Rodrigo Duterte and Go Negosyo (first row] DTI Sec. Ramon Lopez, former President Gloria Macapagal-Arroyo, Dr. Lourdes Montinola, President ...

AMLC pushes initiatives to closely monitor pawnshops, MSBs
philstar.com - 2 weeks ago
AMLC said there is a need to deepen the public-private partnership (PPP) program with large-scale financial services providers including Western Union and MoneyGram as well as local network providers such as LBC Express, Cebuana Lhuillier, Palawan Pawnshop ...

In true Year of the Pig spirit, 8 holiday hot spots promise more fun in the Philippines
BusinessMirror - 2 weeks ago
This military fortress was built by the Spanish government in the 17th century. Outside its walls ... Blessed with beautiful beaches, heritage homes and centuries-old churches, Bohol ticks all ...

After 4 oil-price hikes, a rollback
BusinessMirror - 2 weeks ago
PHOENIX Petroleum Corp. led the first oil-price rollback for the year. It announced over the weekend a price cut of P0.65 per liter in gasoline and P0.35 per liter in diesel last Friday.

Aboitiz Group eyes common tower venture
philstar.com - 2 weeks ago
The Aboitiz Group has made infrastructure as the fifth leg of its business following successful ventures in power, banking ... which include ISOC Infrastructures Inc., a company chaired by Megawide Construction Corp. co-founder Michael Cosiquien, ISON ...

PLDT hikes 2019 capex by over 25% to P70B
BusinessMirror - 2 weeks ago
TELECOMMUNICATIONS titan PLDT Inc. is ramping up its capital expenditures for 2019 by a little over a fourth to roughly P70 billion from P58 billion in 2018, as it embarks on another network ...

PSE to introduce new indices
BusinessMirror - 2 weeks ago
THE Philippine Stock Exchange Inc. (PSE) said it will introduce new indices this year to cater to the index-service requirements of a broader investor base. Among the new indices is the PSEi Total ...

'Unprecedented' flooding to hit northeast Australia
Rappler - 2 weeks ago
Once-in-a-century floods have turned streets into rivers and caused thousands to abandon their homes in Townsville, in Queensland state. Australia's tropical north experiences heavy rains during the monsoon season at this time of the year, but the recent ...

Govt to tighten watch on shipments of farm goods
BusinessMirror - 2 weeks ago
International Container Terminal Services Inc., Maritime Industry Authority and other government authorities. Belgium, Bulgaria, China, Czech Republic, Hungary, Latvia, Moldova, Poland ...

PLDT hikes capex to P70B for 2019
BusinessWorld - 2 weeks ago
PLDT, Inc. is raising its capital expenditure (capex) by a fifth to at least P70 billion for this year, mostly to fund its network expansion plans. Manuel V. Pangilinan, chairman, president and chief executive officer of the listed telecommunications giant ...

DLPC plans up to P2.36 billion worth of projects
BusinessWorld - 2 weeks ago
Tomas and Braulio Dujali in the province of Davao del Norte. The company is required to provide distribution services and connections to its system for any end user with its franchise area. It shares in the objectives of RA 9136, or the Electric Power ...

Shares seen sideways ahead of inflation, holiday
BusinessWorld - 2 weeks ago
The bellwether Philippine Stock Exchange index (PSEi) soared past the 8,100 level last ... may take a break from trading and take the week off," Eagle Equities, Inc. Research Head Christopher John Mangun said in a weekly market report.

EVAP, Energy department finalizing single charging protocol for electric vehicles
BusinessWorld - 2 weeks ago
THE ELECTRIC Vehicle Association of the Philippines (EVAP) is working with the Department of Energy (DoE) to finalize a single charging protocol for the Philippines and to complete building infrastructure that will encourage the use of non-polluting modes ...

Ayala, Yuchengco seal merger of school units
philstar.com - 2 weeks ago
MANILA, Philippines -- The Ayala and Yuchengco ... Malayan Colleges Mindanao in Davao, and Malayan Science High School in Manila. "It will also include AC Education and its subsidiaries, the University of Nueva Caceres, one of the oldest and largest ...

Globe Telecom brings digital donation channel to various NGOs
Inquirer.net - 2 weeks ago
Globe Telecom made it easier for its over 8,000 employees and thousands of guests to donate to their chosen non-government organizations (NGOs) through the use of GCash QR codes, raising almost ...

ERC urged: Act on controversial power deals
Philippine Daily Inquirer - 2 weeks ago
The Energy Regulatory Commission (ERC) should now go full blast in probing seven allegedly anomalous power supply agreements (PSAs) entered into by Manila Electric Company (Meralco), which have ...

Single-use, throw-away plastics hinder progress toward zero waste
Philippine Information Agency - 2 weeks ago
"Our experience is telling us that companies should assume responsibility for the plastic waste pollution besetting communities, be accountable, and not simply pass the burden to the local government and the people," she said. A brand audit carried out ...

United Volleyball Club signs Fil-Hawaiian setter for PSL bid
philstar.com - 2 weeks ago
Team official Joshua Ylaya announced that Filipino-Hawaiian setter Alohi Robins-Hardy arrived Saturday afternoon to put them on the verge of completing a powerhouse roster that can give reigning champion Petron and F2 Logistics a run for their money.

Customs implements tighter watch over swine products
Rappler - 2 weeks ago
Philippine Ports Authority, DA-Quarantine Group-MICP, Bureau of Plant Industry, Bureau of Fisheries and Aquatic Resources, Philippine Coast Guard, International Container Terminal Services, Inc, and Maritime Industry Authority. - Rappler.com

How reasonable do Lenders need to be?
Lexology - 2 weeks ago
When a finance document gives a lender ... court did imply a Braganza term, while in UBS AG v Rose Capital Ventures Limited it did not. However, in the case of Crowther and another v Arbuthnot Latham & Co Ltd express drafting had been added in an attempt ...

LBC Express to enhance mobile platform
BusinessMirror - 2 weeks ago
Regarding the partnership with LBC, Xpress Money COO Sudhesh Giriyan said: "Having been in the business of money transfers for close to two decades now, we keenly understand our customers.

Thriving, evolving scenes of Binondo
Inquirer - 2 weeks ago
It was reportedly established by the Spaniards in 1594 as a settlement for the Catholic Chinese, which eventually became the business and financial center in Manila, with one of its streets ...

Ayala, Yuchengco join forces
Inquirer - 2 weeks ago
Batangas, Rizal and Quezon), the Bicol region and Mindanao. The merger will include iPeople and its subsidiary, Malayan Education System Inc., which operates as Mapua University, one of the ...

Phoenix investing P250M in LNG project
Inquirer - 2 weeks ago
Phoenix Petroleum Philippines Inc. has earmarked an initial P250 million for investment in a joint venture on liquefied natural gas (LNG) facilities with China National Offshore Oil Corp ...

Home preps for the Year of the Earth Boar
Inquirer - 2 weeks ago
It is thus best to choose a reliable and trustworthy partner. One property developer you might want to consider is Sta. Lucia Land Inc., a company that has long made it its mission to help every ...

DICT assures 3rd telco legal issues unlikely to affect common towers
philstar.com - 2 weeks ago
MANILA, Philippines -- The Department of Information and Communications Technology (DICT) has assured that its plan to accelerate the construction of more telecommunications infrastructure will push through regardless of the outcome of the investigation ...

Phoenix firms up LNG partnership with state-owned China oil explorer
philstar.com - 2 weeks ago
MANILA, Philippines -- Listed independent oil firm Phoenix Petroleum Philippines Inc. has firmed up plans to partner with China National Offshore Oil Co. (CNOOC) to pursue its integrated liquefied natural gas (LNG) project. In a disclosure to the ...

The $23-Billion FDI potential
BusinessWorld - 2 weeks ago
This is in line with what UP School of Economics professor Ramon Clarete advised ... exploration and development even before revenues from mining operations come in. High taxes will not amount to anything if the mining tax base remains stagnant.

New Manila Bay polluters named
philstar.com - 2 weeks ago
MANILA, Philippines -- The Laguna Lake Development Authority (LLDA) yesterday named 21 establishments as among those polluting Manila Bay. In a two-page memorandum, the LLDA issued a cease and desist order against Philippine Billion Real Estate ...

Solar Project brings electricity to San Agapito, Isla Verde
Philippine Information Agency - 2 weeks ago
BATANGAS CITY- Residents of San Agapito in Isla Verde will soon attain their biggest dream, to have their own electricity after the city government of Batangas and Meralco inked the Contract of Lease for the operation, maintenance and management of Isla ...

Phoenix Petroleum gives go-signal for JV with CNOOC
BusinessWorld - 2 weeks ago
The company has also been authorized by its board to invest corporate funds initially at P250 million for the LNG project, which will include the formation and organization of the a company. The capital outlay is subject to shareholder approval during the ...

Merger of AC Education and iPeople seen within 1 st half
BusinessWorld - 2 weeks ago
It is subject to the approval of the Philippine Competition Commission ... Education and its subsidiaries, the University of Nueva Caceres, one of the oldest and largest universities in Bicol; National Teachers College; and APEC Schools, the largest ...

Manila bay rehab: SSS-owned establishment, other businesses sanctioned
CNN Philippines - 2 weeks ago
Metro Manila (CNN Philippines, February 1) -- Four more establishments, including one owned by the Social Security System (SSS), got sanctioned Friday as part of government efforts to ...

WATCH: LizQuen roam around U-Belt, surprise students with black roses
Inquirer Entertainment - 2 weeks ago
The duo, also popularly known as LizQuen, showered students from various campuses including the University of Santo Tomas (UST), Far Eastern University (FEU), Centro Escolar University (CEU ...

The AFFI 17th Franchise and Business Expo set to open
Inquirer - 2 weeks ago
Pasay City, Philippines ... college students taking up any business- or food-related course with food business concepts that they may want to franchise in the future. The Association of Filipino ...

Pernod Ricard Asia and Premier Wine & Spirits Announce Joint Venture
BusinessMirror - 2 weeks ago
part of Cosco Capital Incorporated, by forming a joint venture company in the Philippines. The newly established company will retain the name "Pernod Ricard Philippines" and will focus on ...

Aboitiz unit secures P206-million contract
BusinessWorld - 2 weeks ago
COMPANY HANDOUT THE CONSTRUCTION arm of Aboitiz Equity Ventures, Inc. has secured the P206-million contract to design and construct an overhead transmission line for another Aboitiz-led company, Lima Enerzone Corp. In a statement issued on Thursday ...

Promise fulfilled
BusinessMirror - 2 weeks ago
Hwang, who also posted a record 16-stroke romp to win the Philippine Amateur Open crown last year, also became the second Korean to win in the first four legs of the 2018-19 LPGT put up by ICTSI ...

Pace of liquidity growth in December no worry for BSP
BusinessMirror - 2 weeks ago
File photo shows a teller of Citystate Savings Bank in Makati counting pesos CASH circulating in the local economy grew slightly faster in December last year but remained within the desired single ...

Megaworld allots P121 billion for Parañaque City development
BusinessMirror - 2 weeks ago
Megaworld has also picked Megawide Construction Corp. to build Gentry Manor. The project involves the construction of a podium and four 16-level towers, with a total contract price of P4.36 billion.