PSBank banks in on digital innovations
Manila Standard Today - 2018-07-07
PHILIPPINE Savings Bank (PSBank), a subsidiary of Metrobank Group, is amplifying its digital banking platforms with its wide selection of products and services available 24/7 despite rising client preference for mobile transactions. PSBank, the second ...

SM launches 60th anniversary celebrations
philstar.com - 2018-07-07
MANILA, Philippines ... SM Prime Holdings, SM has also become a leading developer of residential condominiums in Metro Manila, where residents could live like a star at affordable prices. Through SM Hotels and Conventions, the company now owns and ...

Depleted national team whips Cocolife
philstar.com - 2018-07-07
MANILA, Philippines -- Shaq Delos Santos posted a double victory as he guided both the National Team and Petron to impressive wins in the Chooks to Go-Philippine Superliga (PSL) Invitational Conference yesterday at the Filoil Flying V Center. Making their ...

Motivation vs. Inspiration
philstar.com - 2018-07-07
This will happen on July 28, 2018 at Ybizz Incubator - a new co-working space located at the 27th floor of PBCom Tower in Makati. Limited seats available. For further inquiries contact April at +63928-559-1798 or register online at www.successoptionsinc/cpe)

JAZA cites work alignment with SDGs
philstar.com - 2018-07-07
MANILA, Philippines -- Ayala Corp. chairman Jaime Augusto Zobel de Ayala recently put the spotlight on companies that are stepping up efforts to align their work with the sustainable development goals (SDGs) of the United Nations. Zobel said while most ...

SEC OKs San Miguel Food capital hike, share transfer
philstar.com - 2018-07-07
MANILA, Philippines -- The Securities and Exchange Commission (SEC) has approved the increase in capital stock and amendments to the articles of incorporation of San Miguel Food and Beverage Inc. In a disclosure to the Philippine Stock Exchange (PSE), SMC ...

BPI adds 46 branches to nationwide footprint
philstar.com - 2018-07-07
MANILA, Philippines -- Ayala-led Bank of the Philippine Islands (BPI) continued to expand its footprint, opening 46 new branches in the first half as it pursues its goal of financial inclusion and increased access to financial services nationwide.

Why we should know what happened to friar lands in Philippines
philstar.com - 2018-07-07
The best ecclesiastical authority of the Philippines, always the champion of the church ... the corrupt practices of those in power (in government, military and business), top to petty bottom; foreign, then native. As may be said: "the values of those ...

Building better learning spaces for Filipino students
thestandard.com.ph - 2018-07-07
Santos National High School in Antipolo ... aside from lending a hand in readying the schools for their children," said Holcim Philippines president and chief executive John Stull. In Norzagaray, Bulacan, around 100 employees and contractors participated ...

Meralco raises July electricity rates by P0.3136/kWh
thestandard.com.ph - 2018-07-07
Manila Electric Co. is increasing power rates by P0.3136 per kilowatt-hour this month on higher generation charges. Meralco said in a statement Friday a typical household consuming 200 kWh a month would see an increase of around P63 in the total bill.

Stock market falls, awaits BSP move
thestandard.com.ph - 2018-07-07
Wellex Industries Inc. of the Gatchalian Group jumped 24 percent to P0.31. Wellex said Thursday it might now pursue the planned development of its 17-hectare "Plastic City" estate in Valenzuela City in joint venture with Ayala Land. The possibility ...

Middeby kitchen equipment maker refuses to regularize contractual workers on strike
Bulatlat - 2018-07-07
"Middleby, a US-owned corporation, should be ashamed to call itself a world leader if it could not even respect the rights of its workers here and abroad." MANILA - The workers serving you behind the counter of famous fast-foods are low-wage earning ...

Maynilad hikes water new storage capacity
philstar.com - 2018-07-06
MANILA, Philippines -- West Zone concessionaire Maynilad Water Services Inc. has increased its water storage capacity to ensure water security and reliability in its serviced areas. The Pangilinan-led company said it added 345 million liters to its water ...

UV routs SHS-Ateneo to grab CYBL U15 crown
philstar.com - 2018-07-06
In the Under 18 division, SWU-Phinma overcame WJC, 46-35, in the quarterfinals to arrange a semifinal showdown with CLBA. The other semifinals pairing is between Mt. Olives School and Punta Princesa.

Almost heaven, West Virginia: Driving country roads in search of America today
Salon - 2018-07-06
At the Plains District Memorial Museum, there was plenty of history on show ... the hippie heyday and captivated everyone with his stories. He came from a poor coal-mining region of the Appalachians -- only Arkansas and Mississippi are poorer per capita ...

Whatever happened to the friar lands?
philstar.com - 2018-07-06
These abuses had become so flagrant that during the latter part of the 17th century the government at Madrid determined ... value and rental of all properties held by the religious orders. Furthermore, the king asked for an estimate of the amount of ...

Stock market falls, awaits BSP move
Manila Standard Today - 2018-07-06
Wellex Industries Inc. of the Gatchalian Group jumped 24 percent to P0.31. Wellex said Thursday it might now pursue the planned development of its 17-hectare "Plastic City" estate in Valenzuela City in joint venture with Ayala Land. The possibility ...

PSE suspends share trading of San Miguel Food
Manila Standard Today - 2018-07-06
San Miguel earlier agreed to transfer 7.86 billion shares in San Miguel Brewery Inc. and 216.97 million shares or Ginebra San Miguel Inc. to SMFB as part of a move to consolidate the food and beverage business under one subsidiary. SMFB in exchange will ...

PSE review finds 62 firms Shariah-compliant
BusinessWorld - 2018-07-06
Inc., Italpinas Development Corp., Keppel Philippines Properties, Inc. and Primex Corp. The PSE engaged IdealRatings, Inc. to conduct the screening of the listed firms, in accordance with the Accounting and Auditing Organization for Islamic Finance ...

Seamless in Bacolod
philstar.com - 2018-07-06
Its interior design and colorful decorative reliefs of Negrense fables make it quirky and distinctive. Kudos to the family for keeping it in good shape and opening it up to the public for arranged tours. Plans are underfoot, the owners say, of converting ...

DTI leads business mission to Vietnam
BusinessMirror - 2018-07-06
THE Department of Trade and Industry (DTI) spearheaded an Outbound Business Mission (OBM) to Vietnam on June 19-21, 2018 that booked sales of $265,000 to its Philippine participants. Ceferino Rodolfo, Undersecretary of the DTI Industry Development and ...

Enjoy the moments of your life
philstar.com - 2018-07-06
This will happen on July 28 at Ybizz Incubator - a new co-working space located at the 27th floor of PBCom Tower in Makati. Limited seats available. For further inquiries contact April at +63928-559-1798 or register online at www.successoptionsinc/cpe).

Trade war threat gets real as Trump slaps tariffs on $34-billion Chinese imports
BusinessMirror - 2018-07-06
JPMorgan Chase & Co. economists warn the biggest risk may come from the indirect impact of tightening credit conditions and business confidence, reducing scope for investment and hiring while undermining financial markets. Vehicles could be the next ...

Fashion, fintech and musicals
BusinessMirror - 2018-07-06
THE month of June has been a very busy one for Globe Telecom with briefings and events happening almost ... A FEW months ago, Globe fintech arm Globe Fintech Innovations Inc., or Mynt, launched an initiative to allow payments on its GCash digital wallet ...

PAL now four-star, and the Bombardier
Sun Star - 2018-07-06
LITERALLY soaring to cloud nine is the Philippine Airlines (PAL) family as the airline was certified four-star--the only one in the country--by Skytrax, the international air transport rating organization. PAL now joins the list of 40 world-class ...

Eight companies get FAA Programme Accreditation
bernama.com - 2018-07-06
The FAA Programme Accreditation is described as a process to recognise that the design, development ... and Certified Training Professional (CTP) graduates were also recognised during the ceremony. Thirteen members of the Malaysian Association of Money ...

Suspension takes effect vs. four ERC commissioners over Meralco woes
News Philippines Yahoo - 2018-07-06
MANILA, Philippines - MalacaƱang on Friday (July 6) issued a memorandum directing Chairperson Agnes Devanadera of the Energy Regulatory Commission (ERC) to implement the suspension of ERC Commissioners Alfredo Non, Gloria Yap-Taruc, Josefina Asirit, and ...

Maynilad water-storage capacity up by 345 million liters
BusinessMirror - 2018-07-06
MAYNILAD Water Services Inc. (Maynilad) said its water-storage capacity has ... all in Cavite province. The other private water company is Manila Water, whose concession area is the so-called East Zone.

Meralco to raise power rates by P0.31 per kWh
News Philippines Yahoo - 2018-07-06
QUEZON CITY, Philippines - Meralco on Friday (July 6) announced that power rates will be up by P0.31 per kilowatt hour this month of July. This is equivalent to an additional P62 to a household consumption of 200 kilowatt per month. Those consuming 500 ...

MalacaƱang orders ERC to implement suspension of commissioners
Rappler - 2018-07-06
The group computed that consumers' deposits totaled about P61.36 billion from 2006 to 2016, while consumers' deposits amounted to only P26.5 billion in Meralco's financial statement. But the ERC said the 4 commissioners were not remiss in their duties as ...

Meralco: Expect higher electricity rates for July
CNN Philippines - 2018-07-06
The Manila Electric Company (MERALCO) announced overall electricity rates will rise by ?0.3136 per kWh on Friday. The adjustment now brings the overall rate to ?10.1925 per kWh, up from ?9.8789 per kWh in June. This comes after a ?0.2823 per kWh ...

Meralco raises kilowatt-hour rates following two months of reductions
BusinessWorld - 2018-07-06
Electricity consumers in the capital region should expect an increase in their next monthly bill, as distribution utility Manila Electric Co. (Meralco) just announced an increase of P0.316 per kilowatt-hour (kWh). The rate hike follows two straight months ...

All prepaid load valid for 1 year
Sun Star - 2018-07-06
In separate statements, Globe Telecom and Smart Communications announced that they have fully complied with the joint memorandum circular of the National Telecommunications Commission, Department of Trade and Industry ... Act of the Philippines while ...

Gatanela: Hurray to the proposed Negrosanon Federated Region
Sun Star - 2018-07-06
AS A NEGRENSE, I was very happy to know that the Consultative Committee (ConCom) headed by retired chief justice of the Supreme Court Reynato Puno had already finalized the list of the 18 federated regions in its draft Charter for the proposed shift to ...

Mynt makes hassle-free lending; introduces 1st trust score in PHL
thestandard.com.ph - 2018-07-06
Mynt, the fintech startup owned by Globe Telecom, Ant Financial, and Ayala Corporation, takes the next big step in financial inclusion by making hassle-free loans available to every Filipino through its lending arm, Fuse, which primarily caters to the ...

See how this reporter fares in Singapore using only Chinese mobile apps
News Philippines Yahoo - 2018-07-06
View photos I felt hungry so decided to find the nearest 7-Eleven store to buy some snacks. I had to use the Google map on my smartphone as neither of the most popular Chinese digital mapping service operators, Gaode and Baidu, worked. On finding the store ...

Market extends rally; PLDT rises
thestandard.com.ph - 2018-07-06
Gainers and losers were even at 100 each, with 56 issues unchanged. Casino operator Bloomberry Resorts Corp. advanced 4.4 percent to P10.18, while PLDT Inc., the biggest telecommunications company, gained 2.4 percent to P1,299. SM Prime Holdings Inc. of ...

SMC not acquiring Malaysian state assets
CNN Philippines - 2018-07-06
(July 5) -- San Miguel Corporation denied that it expressed interest in particularly acquiring state oil and gas assets in Malaysia following reports that the latter is looking to revisit options for privatization to trim down its debts. At the sidelines ...

Who's to blame for soaring inflation? 'All of them' in gov't, says economist
Rappler - 2018-07-05
The Manila Electric Company (Meralco) also hinted at an increase in generation charge due to tight power supply last June and the further depreciation of the peso. Meanwhile, some regions reported higher inflation figures, like the Autonomous Region in ...

June 2018 inflation soars to 5.2%
Rappler - 2018-07-05
MANILA, Philippines - Inflation continued to accelerate in June, reaching a fresh high of 5.2%, the Philippine Statistics Authority (PSA) reported on Thursday, July 5. June inflation is 0.6% percentage points higher than in May, which was at 4.6%. The ...

Foreign projects approved by BoI climb 29% to P7-billion
Manila Standard Today - 2018-07-05
Foreign investment projects approved by the Board of Investments rose 29 percent in the first five months to P7 billion from P5.38 billion a year ago. The growth in FDI pledges contributed to the overall 18.9-percent growth in BoI registrations to P207.48 ...

Gatchalian group can now pursue Ayala joint venture
Manila Standard Today - 2018-07-05
The Gatchalian family may now pursue the planned development of its 17-hectare "Plastic City" estate in Valenzuela City in joint venture with Ayala Land Inc. The possibility emerged after the rehabilitation case against Wellex Industries ...

Wanted: Better fund managers
philstar.com - 2018-07-05
His support paid off and was rewarded with his posting as deputy commissioner at the Bureau of Internal Revenue (BIR) where he headed the Legal and Inspection Group. President ... could not be said about our own Social Security System (SSS) - the ...

Green activists protest against coal-fired power plant project in Atimonan Quezon
BusinessMirror - 2018-07-05
"We really cannot expect a PSA between A1E and Meralco to serve the best interests of consumers," said Atty. Avril De Torres of the Center for Energy, Ecology, and Development. "Firstly, A1E is a wholly-owned subsidiary of Meralco PowerGen ...

3rd telco player in the PHL: DICT schedules draft rules consultations today
TechnoChops - 2018-07-05
The selection process for the third telecommunications company (telco) in the Philippines, that is expected to challenge the duopoly maintained by Globe Telecom and PLDT, Inc. for several years now, is in full swing. The Department of Information and ...

MPTC starts work on Cebu-Cordova expressway
BusinessWorld - 2018-07-05
MPIC is one of the three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority ...

PAL to mount flights to Sapporo in September
BusinessWorld - 2018-07-05
PHILIPPINE Airlines (PAL) will start flying to Sapporo in September, as Japan gains popularity as a tourist destination among Filipinos. In a press conference in Manila on Thursday, PAL President and Chief Operating Officer Jaime J. Bautista said the flag ...

Tuna, salmon business seen to drive Alliance Select profit
BusinessWorld - 2018-07-05
ALLIANCE Select Foods International, Inc. (ASFII) is on track to post profits again this year, driven by the growth of its tuna and salmon businesses. In 2017, the listed international seafood firm made a profit for the first time since 2011, posting a net ...

BPI eyes to expand branch network
BusinessWorld - 2018-07-05
BANK OF THE Philippine Islands (BPI) is growing its branch network in the provincial areas in line with its financial inclusion goal and digitalization push. In a statement on Thursday, BPI Retail Banking head Joseph Albert L. Gotuaco said the Ayala-led ...

Smart, Globe implement 1-year expiry period for prepaid load
BusinessWorld - 2018-07-05
SMART COMMUNICATIONS, Inc. and Globe Telecom, Inc. have extended the validity of prepaid cellular credits or "load" below P300 to one year. In separate statements issued on Thursday, Smart and Globe said they have fully complied with Memorandum ...