Aboitiz Power approves sale of retail bonds worth P27-billion
Manila Standard Today - 2018-07-26
The board of Aboitiz Power Corp. on Thursday approved the issuance of fixed-rate retail bonds amounting to P27 billion out of the P30 billion worth of debt instruments registered in 2017 with the Securities Exchange Commission. "The bonds will be issued ...

Roads and spending among the priorities of County Board candidates
The Macomb Daily - 2018-07-26
He will be facing Charles Frontera and Fred Barbret of Roseville ... In addition to serving as a county commissioner, Lucido has served as a Macomb Community College trustee. Among her goals is to work with state legislators to get adequate funding for ...

F2 Logistics rallies, wins Superliga opener vs Petron
philstar.com - 2018-07-26
MANILA, Philippines -- F2 Logistics outlasted Petron in five thrilling sets, 18-25, 25-23, 20-25, 29-27, 16-14, to move on the threshold of the Chooks to Go Philippine Superliga Invitational Conference crown last night at the Filoil Flying V Center.

Daimler AG Is Splitting Itself Into 3 Separate Units
Fortune - 2018-07-26
Daimler AG will carve itself into three ... challenges for carmakers under pressure to finance an unprecedented shift into electric vehicles. All three major U.S. carmakers, Fiat Chrysler, General Motors Co. and Ford Motor Co. cut their annual financial ...

South China Sea claimants should scrap entitlements in possible joint ventures -- think tank
philstar.com - 2018-07-26
MANILA, Philippines -- Pursuing a joint venture on oil and gas ... Foregoing drilling near the disputed islands and reefs would serve as a rationale to focus on petroleum exploration and development on areas closer to claimant states' coasts.

IMI income almost doubles in H1 on new acquisitions
BusinessMirror - 2018-07-26
AYALA-LED Integrated Micro-Electronics Inc. said its profits almost doubled during the first half of the year ending June, mainly as a result of its previous acquisitions. The company said the weakness of the euro and Chinese yuan, higher interest expenses ...

DPWH grants original proponent status to MPT South for CTBEx
BusinessMirror - 2018-07-26
Public Works Secretary Mark A. Villar formally awarded the original proponent status to the Metro Pacific Investments Corp. unit on Thursday. "We decided to give the status to the proponent because we saw this project will be an integral part of the ...

Holcim income down 25% in H1 on stiff competition, high cost
BusinessMirror - 2018-07-26
HOLCIM Philippines Inc. on Thursday said its profits fell 25 percent during the first half of the year ending June, despite strong sales due to robust building activity in the country. The company said its income for January to June fell to P1.56 billion ...

Cavite-Tagaytay-Batangas Expressway up for NEDA panel approval
Rappler - 2018-07-26
CAVITE, Philippines - The proposed 50.42-kilometer Cavite-Tagaytay-Batangas Expressway (CTBEX) is moving forward with the awarding of the original proponent status to Metro Pacific Tollways Corporation (MPTC) South. On Thursday, July 26, the Department ...

AboitizPower to issue rest of P30-billion fixed-rate bonds
BusinessMirror - 2018-07-26
ABOITIZ Power Corp. said on Thursday it received the green light of the board to issue the remaining P27-billion fixed-rate bonds out of the P30-billion bonds registered in 2017. "The bonds will be issued in one or more tranches depending on market ...

LIVE UPDATES: PBA Finals 2018 Game 1 - Barangay Ginebra vs San Miguel Beermen
Rappler - 2018-07-26
Supremacy is at stake when the San Miguel Corporation sister teams meet in a best-of-7 title series beginning on Friday, July 27, at the Araneta Coliseum. San Miguel, which has gone 6-of-6 in the finals in the last 10 conference, vies to extend its ...

Pena: Floods
Sun Star - 2018-07-26
The immediate impacts may include loss of human life or injuries, damage to property and loss of livelihood ... It is one of the most lethal natural disasters of the 20th century. Floods damage houses, school buildings and other structures including ...

PLDT denies defying DOLE order to regularize 7,300 workers
Rappler - 2018-07-26
MANILA, Philippines - PLDT Incorporated denied defying the order of the Department of Labor and Employment (DOLE) for the telecommunications giant to regularize 7,300 employees. In a statement on Thursday, July 26, PLDT decried the issuance of a ...

Three share lead in ICTSI Champion Tour
BusinessMirror - 2018-07-26
2 and 3. She then came through with a pitch-in birdie on the par-3 fifth that put her in the hunt for the top $15,000 purse in the 54-hole championship backed by Custom Clubmakers, BDO, Meralco, Sharp, KZG, PLDT, Champion, Summit Mineral Water and K&G Golf.

Team Manila in hot 2-0 start
BusinessMirror - 2018-07-26
TEAM Manila-Philippines shut out South Hemet XEL ... day and trailed Redlands South California in the first inning after Maxine Ortega cracked Adamson University stunner Tauli for a solo homer. Irritated by a rare homerun, Tauli struck out the next ...

Ascott Gains Access To 1,600-unit Pipeline In The Philippines Through Strategic Alliance With Cebu Landmasters
Hospitality Net - 2018-07-26
Citadines Bay City Manila will open this year, followed by Citadines Amigo Iloilo and Citadines Cebu City in 2019 ... retail and dining outlets such as Robinsons Place Bacolod and SM City Bacolod, and multinational corporations like Pepsi Cola Plant ...

Duterte questions U.S. pullout from Paris deal on climate change
CNN Philippines - 2018-07-26
Duterte said in the Asia-Pacific Healthy Islands Conference in Davao City Wednesday ... according to the latest World Bank data. Duterte said he has his doubts if the Philippines could tell the U.S. and other industrialized nations to stick to the ...

The 3 Magnitudes of First-rate Customer Service In a Business
BusinessMirror - 2018-07-26
An international research done by RedAlkemi, an organization that does web development and Internet marketing, suggests that 60% of organizations consider customer service as the top-most priority for their businesses. However, customer service is ...

Benguet villagers fear displacement by Baguio trash
philstar.com - 2018-07-26
Itogon Mayor Victorio Palangdan is opposed to the project, even as mining giant Benguet Corporation has agreed to give Baguio City free use of its 24.1-hectare property. He said "people will be displaced because the proposed area is thickly populated".

IAMS: A gathering of mindful doctors
BusinessMirror - 2018-07-26
But the IAMS has a different perspective, it envisions to become an avenue where Filipino doctors around the world and foreign doctors share their knowledge and campaign not only for better health service but also push for education and protection of the ...

Economic 'Warrior' With China Ties Builds Taiwan's Top-Dollar Apartment Tower
Forbes - 2018-07-25
He's now chairman of the Core Pacific Group, which counts BES Engineering and Taiwan-listed China Petrochemical Development Corp. as subsidiaries ... capsule-like rooms jutting into the ocean in the Philippines and circular wooden residential towers ...

Stocks rally; Bloomberry advances
Manila Standard Today - 2018-07-25
Gainers overwhelmed losers, 125 to 72, with 46 issues unchanged. Casino operator Bloomberry Resorts Corp. jumped 10.6 percent to P11.06, while BDO Unibank Inc., the biggest lender in terms of assets, advanced 4.7 percent to P135. Metro Pacific Investments ...

PH Esports set to rise with new national sports association
Rappler - 2018-07-25
Six teams - TNC Pro team, HappyFeet eSports, BrenPro Inc, Cignal TV Inc, PLDT/Smart Communications, and STI Education Systems - have committed to be the founding teams of The Nationals. The league hopes to add two more groups to complete the 8-team ...

IMF: PHL still strong, but higher rates needed
BusinessMirror - 2018-07-25
In Photo: Security Bank Corp. President and CEO Alfonso L. Salcedo Jr. (right) stresses a point while MUFG Bank Ltd. Head of Financial Solutions Group and Managing Executive Officer Makoto Kobayashi listens at the Second Business Matching Fair convened by ...

Death toll hits 50 from Greek wildfires
Rappler - 2018-07-25
Video footage showed inhabitants fleeing the fires by car, with several buildings and homes damaged, as the region of Attica ... an unprecedented drought and the highest temperatures in a century. On Monday, July 23, the Nordic nation's civil protection ...

M&A deals receive regulatory approval
BusinessMirror - 2018-07-25
Alveo is a wholly owned subsidiary of Ayala Land Inc. in the business of real-estate properties, while Antel is a domestic holding firm engaged in real-estate purchase, leasing, selling and development. The Century Properties-Mitsubishi joint venture will ...

Philrealty claims fairness in deal with Greenhills
BusinessMirror - 2018-07-25
PHILIPPINE Realty and Holdings Corp. (Philrealty) said on Tuesday accounting firm R.G. Manabat and Co. found fairness in its deal with Greenhills Properties Inc. and Meridian Assurance Corp. "In the valuation and fairness opinion report prepared for, and ...

Identified as a growth market, PHL delivering for the NBA
BusinessWorld - 2018-07-25
The NBA now has 18 merchandising partners in the Philippines to help grow the game as well as 15 marketing and promotional partners which include adidas, Alaska Milk, AXA, Cloudfone, EA Sports, Gatorade, Globe Telecom, Nike, Panasonic, PLDT and Smart ...

Makati mass transport bid to face Swiss challenge
BusinessWorld - 2018-07-25
IRC Properties, Inc. said its proposed $3.7-billion Makati Mass Transport system will now undergo Swiss challenge after securing approval from the Makati city government. In a disclosure to the stock exchange on Tuesday, the listed firm said it has ...

Globe Telecom to deliver WiFi connectivity to Puerto Princesa Underground River
CNN Philippines - 2018-07-25
Metro Manila (CNN Philippines) -- A UNESCO World Heritage Site in the Philippines will become the country's first ever national park with managed WiFi. Globe Business, the Information and Communications (ICT) arm of Globe Telecom, in partnership with the ...

Racing clubs pursue present betting, plan to offer new options
Manila Standard Today - 2018-07-24
In a meeting last Monday, representatives of the three horseracing clubs--Manila Jockey Club, Inc., Philippine Racing Club, Inc., and Metro Manila Turf Club Inc.--agreed to continue the present betting scheme for at least two more cycles or six weeks.

The Nationals give PH esports industry a boost
Manila Standard Today - 2018-07-24
Six corporate partners, namely TNC Pro Team, HappyFeet eSports, BrenPro Inc., Cignal TV Inc., PLDT/Smart Communications and STI Education systems, have committed as founding teams of The Nationals, with an eye of discovering the best esports athletes ...

Makati subway up for Swiss Challenge
Manila Standard Today - 2018-07-24
IRC Properties Inc. said the proposed $3.7-billion Makati subway is now ready for Swiss Challenge after the project received the go-signal from the city government of Makati. IRC Properties said in a disclosure to the stock exchange the Makati Intra-City ...

FLI converting Timberland into leisure resort
Manila Standard Today - 2018-07-24
Filinvest Land Inc. plans to convert Timberland Sports and Nature Club in San Mateo, Rizal into a commercial and leisure resort development. Filinvest Land disclosed the plan after obtaining the approval of the Securities and Exchange Commission to ...

FQ Movement
philstar.com - 2018-07-24
L-R: Fr. Johnny Go, S.J. of the Ateneo de Manila University; Ernie Lopez, president of ABS-CBN Publishing, Inc. Two people who had hoped to be at the launch but were not available sent in their messages. They are Bo Sanchez who wrote the Foreword of the ...

Modern PUVs rolling out...old ones?
philstar.com - 2018-07-24
One after another, news about turnovers and contract signing of multi-million peso orders (related story in this column) of newly designed and modern public utility vehicles filled up websites, newspapers and evening newscasts. The Department of ...

Cebu Pacific to launch new Australia route
BusinessWorld - 2018-07-24
CEBU PACIFIC (Cebu Air, Inc.) will be opening a new destination in Australia next month as it looks to maintain its dominant market share of flights in the region. In a statement on Tuesday, the local airline said it will be launching direct flights for ...

TV5 eyes e-sports promotion with pro tournament
BusinessWorld - 2018-07-24
Reyes said in a media briefing in Makati City on Tuesday it is starting ... HappyFeet eSports; BrenPro, Inc.; Cignal TV, Inc.; PLDT/Smart Communications, Inc. and STI Education Systems Holdings, Inc. The Road to the National will host three gaming ...

Pryce posts higher profit
BusinessWorld - 2018-07-24
PRYCE CORP. recorded a 22.3% increase in consolidated net income in the first half to P711.89 million, the company told the stock exchange on Tuesday, as it ends the semester reaching nearly half of its full-year target profit of P1.55 billion. "Growth ...

A hazardous mixture: Coal mining, militarization driving away IPs from homes, communities in Mindanao
Davao Today - 2018-07-24
These mining companies include the Benguet Corporation of the Romualdez family; Abacus Coal Exploration and Development Corporation; a Chinese company called Great Wall Mining and Power Corporation; the ASK Mining and Exploration Corporation; and the ...

Jollibee releases Bistek Burger Steak
Rappler - 2018-07-24
MANILA, Philippines - Jollibee has taken its burger steak and yet again given it another twist with their newest menu item: the bistek burger steak. With the new dish, the fast-food chain takes the classic burger steak and replaces its mushroom gravy ...

e-banking updates
BusinessMirror - 2018-07-24
For more information, log on to www.citibank.com.ph. BPI pioneers Facial Recognition in online and mobile banking Bank of the Philippine Islands (BPI) aims to enhance the overall client experience with its new online banking portal and mobile app for easi ...

Instapay: Newest Electronic Platform of BancNet
BusinessMirror - 2018-07-24
Those with only receiving services are Bank of Commerce, CTBC Bank, East West Bank, G-Xchange, Land Bank, Malayan Bank, OmniPay, Partner Rural Bank, PayMaya, PNB, Philtrust, RCBC, RCBC Savings, Robinsons Bank, Sterling Bank, Sun Saving Bank, UCPB ...

Instapay: Newest Electronic Platform of BancNet
BusinessMirror - 2018-07-24
Those with only receiving services are Bank of Commerce, CTBC Bank, East West Bank, G-Xchange, Land Bank, Malayan Bank, OmniPay, Partner Rural Bank, PayMaya, PNB, Philtrust, RCBC, RCBC Savings, Robinsons Bank, Sterling Bank, Sun Saving Bank, UCPB ...

Preparing for federal government
BusinessWorld - 2018-07-24
There is still much room for improvement without shaking up the whole system. The way I see it, there are three things that can help improve governance at the local levels: one is to increase LGU share in national budget appropriations. Why do national ...

Bourse coasts with no surprises in Duterte speech
BusinessWorld - 2018-07-24
Arroyo (second district), an economist -- a development generally welcomed by business ... Inc. (up 3.39% to P1,799) and SM Investments Corp. (up 3.05% to P912 apiece).

DPWH to give original proponent status to MPT South for P22.43-billion CTBEx
BusinessMirror - 2018-07-24
THE public works department has scheduled for Thursday the award of the original proponent status to Metro Pacific Tollways South Corp. (MPT South ... MPIC, an infrastructure-holdings conglomerate in the Philippines, is no stranger to unsolicited ...

IRC ready to face Swiss challenge for $3.7-billion Makati intracity rail project
BusinessMirror - 2018-07-24
LISTED IRC Properties Inc. on Tuesday said the company and its foreign partners are now ready to participate and face the Swiss challenge for its proposed $3.7-billion project to construct an intracity rail transport system in Makati after receiving the ...

IRC ready to face Swiss challenge for $3.7-billion Makati intracity rail project
BusinessMirror - 2018-07-24
LISTED IRC Properties Inc. on Tuesday said the company and its foreign partners are now ready to participate and face the Swiss challenge for its proposed $3.7-billion project to construct an intracity rail transport system in Makati after receiving the ...

Korean firm signifies interest to build LNG terminal
BusinessMirror - 2018-07-24
Ltd., SK E&S Co. Ltd., Transformation Ltd., Tokyo Gas Corp., Cleanway Energy Development Corp., First Gen Corp., Philippine National Oil Co. (PNOC) and Vires Energy Corp. Pulido said the DOE has not set a deadline of acceptance of formal letters of ...