Cal-Comp to launch P6.77-B IPO amid market uncertainty
BusinessMirror - 2018-07-22
"We believe the Philippine government will not let the exchange rate hamper economic growth ... after Del Monte Philippines Inc. canceled its planned offer. DMW saw its stock price spiraling from its offer price of P12. Its stock price was last traded ...

Royal Cargo opens P2-billion cold-storage facility in Bulacan
BusinessMirror - 2018-07-22
LOGISTICS solutions company Royal Cargo Inc. has opened a new P2-billion cold-storage warehouse ... to the increasing demands in the food sector, particularly in Mega Manila, Northern and Central Luzon, Clark and Subic. We see better years ahead ...

Govt-led firms remit a total of P31.297B
BusinessMirror - 2018-07-22
From the 51 GOCCs, the top 10 who remitted the highest amounts were the Civil Aviation Authority of the Philippines with a total ... Batangas Land Co. Inc., BCDA Management Holdings Inc., Cebu Port Authority, DBP Leasing Corp., GY Real Estate Inc., Kamayan ...

Philippine Quills 2018 awards top business commmunicators
BusinessMirror - 2018-07-22
Inc., ABS-CBN Corporation, Bayad Center, Japan Tobacco International, Land Bank of the Philippines, LBC Express, One Meralco Foundation, Petron Corporation, San Miguel Purefoods Company, and The EON Group, and (Top Student Category) Cemex.

Traffic advisory for SONA 2018
Rappler - 2018-07-22
Entire westbound portion of IBP Road - from Litex to Sandiganbayan - will be closed to motorists. Vehicles coming from Filinvest 1, Sinagtala, San Mateo Road, and Filinvest 2 going to Fairview and Commonwealth Avenue may take the eastbound lane of IBP ...

Intensified labor export drives more Filipina diaspora
Bulatlat - 2018-07-22
These phenomena have also set off simultaneous strikes of workers in various large factories in the country such as Nutriasia, PLDT, Jollibee Foods Corporation ... that the government has implemented the Tax Reform Acceleration and Inclusion Law (TRAIN ...

Globe Labs taps cloud firm to bring voice technology to PH, SE Asia
newsbytes.ph - 2018-07-22
In the Philippines, voice is widely used for weather updates, road navigation, contact center applications ... almost tripled the average number and a 29% call to conversion rate. Data analytics may also be applied on these voice solutions.

Globe welcomes competition, has no opposition to TOR for third telco in the Philippines
TechnoChops - 2018-07-21
Last Friday, a meeting was held by a committee mandated to oversee the entry of the potential third telecommunications company (telco) in the Philippines expected to challenge Globe Telecom and PLDT, Inc. The meeting will resolve as to which Terms of ...

Local, foreign journalists slam latest media killing in Philippines
philstar.com - 2018-07-21
The International Federation of Journalists (IFJ) said the murder of Llana underscored the dangerous working environment that the media in the Philippines faced every ... This attack on the member of the Fourth Estate is clearly an attack on democracy.

New opportunities
philstar.com - 2018-07-21
These include several bank members of the Philippine RMB Community: AUB, BDO, BPI, China Bank, EastWest Bank, Metrobank, PBCom, PNB, Phil. Business Bank, RCBC, Sterling Bank, Security Bank, Union Bank, Bank of Commerce and Bank of China. The BSP and Bank ...

Kenyans, Pinay soldier top MBC clean-up run
philstar.com - 2018-07-21
The event was presented by Manila Broadcasting Company and Star City in cooperation with the cities of Manila and Pasay, with support from Columbia International Food Products Inc., Steeltech Colored Roofing, Silka Papaya Soap and Lotion, Symdex-D ...

Petron, F2 blitz foes, duel for SLiga jewel
philstar.com - 2018-07-21
MANILA, Philippines -- Petron and F2 Logistics forged another explosive titular showdown as they dismantled their respective semis rivals in straight sets to reach the Chooks to Go-Philippine Superliga Invitational Conference finale last night at the ...

Close to 6,000 Filipino pilgrims to perform 2018 Hajj in Mecca
BusinessMirror - 2018-07-21
Pangarungan (third from right, seated) with the Philippine Hajj Supervisory Group during his recent ... The pilgrims will be onboard two Saudi Arabian Airlines (Saudia) flights from the Ninoy Aquino International Airport (NAIA). Officials of the NCMF ...

Experiencing the Olden Vibe of the Ancient City of Sukhothai
BusinessMirror - 2018-07-21
With a throbbing head, all brought on by the intermittent sleep, I located my hostel, which to my surprise is housed in a boutique resort property. One of the many ... by King Ramkhamhaeng during the 13th century. Much smaller than Ayutthaya, Sukhothai ...

Ex-Barca recruit to boost RP team to Asean U16 tourney
Sun Star - 2018-07-21
THE Philippine Boys Under-16 (U16 ... and Franc John Delos Santos Barrera of Basilan City now playing for San Beda University in Manila. Other members of the team are Jerome Ang Estabillo-FEU-Floridablanca, Pampanga, Raphaelle Gionne Aquino-La Salle ...

Globe Labs tap cloud firm to bring voice technology to PH, SE Asia
newsbytes.ph - 2018-07-21
... of Globe was developed to actually automate the voice calls we make for credit and payment reminders," said Globe Telecom CEO Ernest Cu. "Lo and behold, that particular process yielded a 100% gain in collection." Estrella emphasized that Globe ...

Bangsamoro, National Minorities unite to protest against attacks on their communities
Davao Today - 2018-07-21
In the guise of "rehabilitation", the sacred land of the Meranaw of Marawi is divided to benefit US, China, European Union, Australia, Japan economic interests and big corporations of the Ayala, San Miguel and others," Aba said. The group also ...

Metro LGUs set tourism forum by end-August
thestandard.com.ph - 2018-07-21
Local governments and private stakeholders in the National Capital Region are converging for the second Metro Manila Tourism Forum set on Aug. 30 to 31 at The Blue Leaf Filipinas in Aseana City, ParaƱaque City. Themed "City Tourism: Rebuilding a Local ...

25th year
thestandard.com.ph - 2018-07-21
Jollibee Foods Corp. marks its 25th year as a listed company with a special bell-ringing ceremony at the Philippine Stock Exchange on Wednesday. Leading the event are (from left) PSE director Alejandro Yu; JFC independent director Monico Jacob; JFC ...

Still an imperial presidency
thestandard.com.ph - 2018-07-21
In the 1987 Constitution the president must be able to read and write and a reside in the country for at least 10 years while under the proposed charter, he must be a college degree holder ... majority of all members of Congress, voting jointly.

How to protect yourself from pharming
thestandard.com.ph - 2018-07-21
The PSBank Mobile App has a quick view feature that allows you to instantly monitor your account and previous transactions. It also has an ATM Lock feature to help prevent the unauthorized use of your PSBank ATM card accounts. "Pharming is relatively ...

F. Bustamante CES school building razed
Sun Star - 2018-07-21
Among burned school facilities were the branch of Davao City library, faculty room, office of the school principal, property office ... Tiongson said the building has been existing over half a century. The school had so far held 78 graduations and it ...

Petron ousts Smart to book PSL finals return
Rappler - 2018-07-21
MANILA, Philiipines - Petron made a short work of Smart-Army, 25-12, 25-15, 25-17, to advance to the finals of the Chooks to Go-Philippine Superliga (PSL) Invitational Conference on Saturday, July 21, at the Muntinlupa Sports Center. The Blaze Spikers ...

House of David Group gets Philippine Family Business Awards
Sun Star - 2018-07-21
THE Ateneo Family Business Development ... It started its humble beginning as a small pawnshop and jewelry store at the Guagua Public Market. With utmost dedication and passion for business and service, it flourished mainly in the banking, stock brokerage ...

Ortega undercutting talks on Nicaragua crisis, analysts say
Rappler - 2018-07-21
"What he is doing is disqualifying the bishops' mediation because he doesn't want to negotiate in a space where the subject of democratization has to be raised," a political analyst heading the Movement for Nicaragua group, Jose Antonio Peraza, told Agence ...

Boracay closure offers chance to clean up and rethink tourism
Nikkei Asian Review - 2018-07-21
Sales for the first five months of this year grew only 5% from the year earlier. Airlines such as Philippine Airlines and budget carrier Cebu Air will likely suffer similar consequences. Manila Water, a major water utility operated under conglomerate Ayala ...

Market gains; Megawide rallies
Manila Standard Today - 2018-07-20
Megawide Construction Corp., which just completed the Mactan-Cebu International Airport, rallied 4.6 percent to P18, while Aboitiz Power Corp., a major power generator, advanced 2.1 percent to P37.15. The rest of Asian markets advanced Friday, with ...

Samuel Martires leads JBC shortlist for next ombudsman
philstar.com - 2018-07-20
MANILA, Philippines -- Supreme Court (SC ... Martires and Ramirez are graduates of San Beda College, the alma mater of President Duterte. Sandoval studied at Far Eastern University (FEU). Ramirez is a fraternity brother of Duterte in Lex Talionis.

Where are we really?
philstar.com - 2018-07-20
Economists are telling us that the Philippine economy is doing very well. This must be true as many of our eminent economists are one in saying that this is so. I am not an economist, but like many out there, it is not easy to equate a bullish economy with ...

Grand Plaza Hotel seeks reconsideration of CTA ruling
BusinessWorld - 2018-07-20
The company, which owns The Heritage Hotel Manila, said it does not believe that its motion will have any significant impact on its business operations and financial position. Its main source of income is its revenue from the hotel operations. Grand Plaza ...

Do not trust your will power
philstar.com - 2018-07-20
Famous church personalities, show business people, politicians, or even entrepreneurs have formed a long list of names in the casualty list. I have to be clear, though. I am not referring to those who have had a pattern of wrongdoing. These are the people ...

DICT urged to prevent third telco in the PHL from being pro-contractual like PLDT
TechnoChops - 2018-07-20
Manny V. Pangilinan had his birthday last Saturday, July 4, with one nationwide broadsheet having a special supplement on his accomplishments and large advertisements containing birthday greetings from top companies. Familiarly known as MVP, Pangilinan ...

FNI raises P517.5M in funds
BusinessWorld - 2018-07-20
GLOBAL Ferronickel Holdings, Inc. (FNI) raised more than P500 million as it completed its follow-on offering last week, which will be used to pay for its $10-million working capital loan. The firm sold shares worth P517.5 million during the offer period ...

Viu, Globe coproduce reality show
BusinessMirror - 2018-07-20
Viu, which is operated by PCCW Media Group in Hong Kong, has recently teamed up with Globe Telecom to produce a reality talent search that can be watched as webisodes. Hello K-Idol is a search for the Filipino artist who embodies what we admire in Korean ...

Tongue-twistingly delectable
BusinessMirror - 2018-07-20
Akrotiri Modern Eurasian Cuisine opens at 11 a.m. daily. It is located at Unit 103 G/F Commerce Center Alabang, Commerce Avenue corner Filinvest Avenue, Filinvest Corporate City, Alabang, Muntinlupa. Check out www.akrotiri.ph for more information.

Knockout semifinals unwrap
BusinessMirror - 2018-07-20
DEFENDING champion Cignal and overachieving Smart-Army try to stop another F2 Logistics-Petron finale when all four teams clash in the no-tomorrow semifinals of the Philippine Superliga (PSL) Invitational Conference today at the Muntinlupa City Sports Center.

Stocks fall; Ayala, GT Capital dip
thestandard.com.ph - 2018-07-20
Losers overwhelmed gainers, 117 to 72, with 46 issues unchanged. Conglomerate Ayala Corp. lost 3 percent to P950, while GT Capital Holdings Inc. of tycoon George Ty slumped 4.1 percent to P929. Metro Pacific Investments Corp., which is into toll roads ...

Stock market ends week on a high note
CNN Philippines - 2018-07-20
GT Capital Holdings, Inc., Aboitiz Power Corp., and JG Summit Holdings, Inc. posted the biggest gains, while the top losers were Aboitiz Equity Ventures, Inc., Metro Pacific Investments Corp., and Security Bank Corp. The Philippine peso improved by a hair, ...

Metrobank posts 31% income growth in Q2
BusinessMirror - 2018-07-20
METROPOLITAN Bank & Trust Company (Metrobank) posted P5.2 billion in net income for the second quarter of 2018, or a robust 31-percent growth from P3.9 billion in the same period last year. This brings net income for the first half of the year to P11.0 ...

Philippines stocks higher at close of trade; PSEi Composite up 0.16%
Investing.com - 2018-07-20
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 96 to 90 and 51 ended unchanged. Shares in Aboitiz Equity Ventures Inc (PS:AEV) fell to 3-years lows; losing 3.79% or 2.000 to 50.800. Shares in Metro Pacific Investments Corp ...

BIR cracks down on Ong Kin King & Co. Inc.
Sun Star - 2018-07-20
Bureau of Internal Revenue (BIR) 13 Director Eduardo Pagulayan said Ong Kin King and Co. Inc. failed to register individually its five warehouses and three restaurants which are located in the cities of Cebu and Mandaue. "What the owners registered is ...

The Philippine economy's health under Duterte
Rappler - 2018-07-20
As of writing, tax collections for 2018 continued to exceed 2017's. The government also ran after tax evaders like Mighty Corporation. Duterte was able to rake in over P40 billion from the cigarette maker. The amount of foreign direct investments (FDIs ...

With all due respect
Manila Standard Today - 2018-07-20
p. 84) There is nothing that corresponds to this proposed paragraph of Section 1 in the 1987 Constitution. The Kalayaan Island Group and the Scarborough Shoal are part of Philippine territory over which the Philippines exercises sovereignty. This portion ...

Faces Petron in Superliga Invitational semis
philstar.com - 2018-07-19
MANILA, Philippines -- Smart-Army took the last semis seat in the Chook to Go-Philippine Superliga Invitational Conference as it hammered out a convincing 25-19, 25-22, 25-21 victory over Generika-Ayala last night at Filoil Flying V Center. The Giga ...

Metrobank profit grows 16% in first half of 2018
philstar.com - 2018-07-19
MANILA, Philippines -- Listed Metropolitan Bank & Trust Co. (Metrobank) recorded a double-digit 16 percent growth in earnings in the first half after a strong second quarter on the back of the solid performance of its core businesses. The net income of Me ...

DOTr approves NAIA Consortium
philstar.com - 2018-07-19
This can only be achieved by making the Philippines more inclusive through effective transportation connectivity in our country ... We have to develop roads, bridges, ports, airports, subway systems, and railways, to connect our provinces to the greater ...

Tesla Hopes to Use 'Close to Zero' Cobalt for Its Batteries in the Near Future
TheStreet.com - 2018-07-19
Panasonic also gets its cobalt supplied by Sumitomo Metal Mining, which produces most of its materials in the Philippines, according to 4-Traders. Editor's Note: story has been updated to reflect that Tesla's Model 3 batteries do not contain cobalt from ...

Tesla Hopes to Use 'Close to Zero' Cobalt for Its Batteries in the Near Future
TheStreet.com - 2018-07-19
Panasonic also gets its cobalt supplied by Sumitomo Metal Mining, which produces most of its materials in the Philippines, according to 4-Traders. Editor's Note: story has been updated to reflect that Tesla's Model 3 batteries do not contain cobalt from ...

Tesla Hopes to Use 'Close to Zero' Cobalt for Its Batteries in the Near Future
TheStreet.com - 2018-07-19
Panasonic also gets its cobalt supplied by Sumitomo Metal Mining, which produces most of its materials in the Philippines, according to 4-Traders. Editor's Note: story has been updated to reflect that Tesla's Model 3 batteries do not contain cobalt from ...

Tesla Hopes to Use 'Close to Zero' Cobalt for Its Batteries in the Near Future
TheStreet.com - 2018-07-19
Panasonic also gets its cobalt supplied by Sumitomo Metal Mining, which produces most of its materials in the Philippines, according to 4-Traders. Editor's Note: story has been updated to reflect that Tesla's Model 3 batteries do not contain cobalt from ...