PSA Awards: June Mar Fajardo leads elite winners
Rappler - 2 weeks ago
Highlight of the affair also presented by the Philippine Basketball Association, NorthPort, Rain or Shine, ICTSI, SM Prime Holdings, and Chooks To Go is the awarding of the coveted PSA Athlete of the Year Award. (READ: Golden girls to be honored as PSA ...

Media made inflation worse? Economic team never flagged it until now
Rappler - 2 weeks ago
(READ: How high inflation exposed cracks in governance) In addition to that, the Bureau of Internal Revenue (BIR) still failed to meet revenue targets despite the implementation of the TRAIN law, which was crafted to collect more taxes and support the ...

SWU Phinma School of Design partners with police for art rehab program
Sun Star - 2 weeks ago
THE South Western University (SWU) Phinma School of Design + Communication (SD+C) entered into a partnership with the Cebu City Police Office Wellness and Drop-in Center to form a volunteer program that makes use of art and creativity for the full ...

SE Asia Stocks-Philippines jumps as slowing inflation supports views of steady rates
Reuters - 3 weeks ago
Industrials and financials pushed the benchmark stock index to its highest since March 19, with SM Investments Corp and SM Prime Holdings Inc strengthening 2.1 percent and 2.6 percent, respectively. The Philippine market was closed on Tuesday for the Lunar ...

China 'theft' of U.S. jobs and wealth must 'come to an end' - Trump
Rappler - 3 weeks ago
"We are now making it clear to China that after years of targeting our industries, and stealing our intellectual property, the theft of American ... "Unemployment has reached the lowest rate in over half a century." The non-partisan Congressional Budget ...

City Savings Bank gets first international award
Sun Star - 3 weeks ago
The bank also partnered with the Ramon Aboitiz Foundation, Inc.-Kool Adventure Camp for Project Synergy, an adventure-based leadership training program for educators; Project Teach with Alchemy Education Solutions to implement a distance-based in-school ...

MPIC open to revising offer for MRT 3
Inquirer - 3 weeks ago
Infrastructure giant Metro Pacific Investments Corp. is open to revising its unsolicited offer for the Metro Rail Transit Line 3 (MRT 3) in Metro Manila, after the Department of Transportation ...

Tiger Resort Asia takes over Asiabest Group
Inquirer - 3 weeks ago
Despite protests from its founder Japanese tycoon Kazuo Okada, the group in control of integrated gaming resort Okada Manila has completed a deal to take over 66.67 percent of dormant holding firm ...

ABS-CBN counters GMA claim of TV ratings dominance in Jan
BusinessMirror - 3 weeks ago
ABS-CBN Corp. claimed on Tuesday to have dominated the nationwide ratings war in January, after recording an average audience share of 45 percent during the month, a 15-point lead over competitor ...

Edukasyon portal gets $10-million new investment from Gobi-Core PHL Fund
BusinessMirror - 3 weeks ago
ACADEMIC portal provider Edukasyon has received a new round of investment from both local ... not releasing the amount to the public," the company said through text message on Tuesday when ...

Vista Land receives recognition from International Finance Awards
BusinessMirror - 3 weeks ago
VILLAR-led property developer Vista Land and Lifescapes Inc. was awarded as the Most Innovative Community Developer during the sixth International Finance Awards 2018 in Thailand. "The year 2018 ...

ABS-CBN, GMA Network still locked in television ratings dispute in January
BusinessWorld - 3 weeks ago
ABS-CBN Corp. and GMA Network, Inc. continued to tussle over television ratings in January, with both media giants claiming the lead but citing different measurement providers. In a statement, ABS-CBN claimed its nationwide average audience share reached ...

Aboitiz bullish on Southeast Asia market
BusinessWorld - 3 weeks ago
ABOITIZ Equity Ventures, Inc. (AEV) sees the Southeast Asian market contributing to a significant part of its earnings in the following years, as it pursues more investments that will help sustain its growth momentum. AEV Chief Executive Officer Erramon I.

MPIC not giving up on MRT-3 takeover proposal
BusinessWorld - 3 weeks ago
MPIC is one of 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 ...

Federal Land, Japanese partners launch for $400-million BGC project
BusinessMirror - 3 weeks ago
The company partnered with ORIX Corp. of Japan for its upscale project Grand Hyatt Manila Residences, also in BGC, while Sy-owned SMDC is its partner for an uber-prime condo project along Ayala ...

Megawide bags P4.36-billion E.P.C. contract for Megaworld project
BusinessMirror - 3 weeks ago
PUBLICLY listed firm Megawide Construction Corp. has been tapped anew as contractor by leading real-estate company Megaworld for its latest development called the Gentry Manor situated along ...

Nissan, Renault Partner With Google On Next Gen Self-Driving Cars
International Business Times - 3 weeks ago
Internet of things connected car technology As for next-gen technologies, the alliance with Google will ... by 2035 for the development of self-driving taxis. Toyota Motor Corp is yet another car maker that has forged partnerships with non-auto players.

PHL shares seen to climb as inflation slows further
BusinessWorld - 3 weeks ago
The 30-company Philippine Stock Exchange index fell 0.91% or 74.68 points to close ... following the release of the inflation data on Tuesday. Philstocks Financial, Inc. Research Associate Piper Chaucer E. Tan also noted that the market could firm up ...

Army-Bicycology braces for top grind at Ronda Pilipinas
BusinessWorld - 3 weeks ago
Army-Bicycology will have its hands full against not just local competition from Navy-Standard Insurance, Tarlac, Team Franzia, Bike Xtreme and 7-Eleven Cliqq-Air21 by Roadbike Phls but a strong foreign challenge as well from Terengganu, Matrix ...

City issues 9767 business permits, earns P220M
Sun Star - 3 weeks ago
The top five corporate taxpayers are as follows: Mercury Drug Corporation; Freemont Foods Corporation (Jollibee); Emcor Incorporated; Avon Cosmetics; and, Permex Producer and Exporter Corp. (Bong Garcia/SunStar Philippines)

Mighty Sports eyes sweep of Group B elims
philstar.com - 3 weeks ago
Co-owned by brothers Alex and Caesar Wongchuking and backed by Go For Gold, Oriental Group, Healthcube and SMDC, the sports apparel and accessories club team also hopes to get a little of everything from Fil-Ams Jason Brickman, Jeremiah Gray, and Roosevent ...

Energy Task Force Election convenes for polls prep meet
Philippine Information Agency - 3 weeks ago
and the Manila Electric Company. There are six other supporting organizations that are also onboard. The Task Force will also work closely with the national security group composed of the National Security Council, Armed Forces of the Philippines ...

Will and Bam
philstar.com - 3 weeks ago
Gibet comes from San Carlos, Negros Occidental where her father once served as town mayor, and was head of a guerilla unit in Negros during World War II. Gibet studied at Silliman University in Dumaguete which her and my siblings attended. I must mention ...

28 years after Pinatubo: Eruption, lahar, and resilience
philstar.com - 3 weeks ago
While considered by meteorologists as a minimal typhoon, Diding nonetheless dispersed volcanic ash all over Luzon and as far as the middle of the Pacific Ocean and mainland Southeast Asia ... Studies in Holy Angel University. When Pinatubo erupted ...

Inflation eases to 4.4% in January
philstar.com - 3 weeks ago
In the National Capital Region, year-on-year inflation also slowed ... December 3, 2018 - 11:45am First Metro Investment Corp. and the University of Asia and the Pacific are forecasting 6.2 percent inflation rate in November and 6.3 percent in December.

Manila Bay cleanup: High hopes, murky plans
Rappler - 3 weeks ago
MANILA, Philippines - Social media was abuzz and appreciative ... Two decades later in 2013, the company proposed the creation of 3 islands in the area with a promise of economic growth and more land to develop. Reclamation has to be thoroughly studied ...

Tiger Asia acquires 66.67% of Okada Manila
philstar.com - 3 weeks ago
MANILA, Philippines -- Tiger Resort Asia Limited, the parent company of Tiger Leisure and Entertainment Inc., has completed the acquisition of 66.67 percent of Asiabest Group International Inc. (ABG), paving the way for the backdoor listing of Tiger ...

The colors of flavor
philstar.com - 3 weeks ago
Charter Ping An chief of commercial business Nicasio Rollan, director Robert Yu and AXA project head BJ Joseph Legaspi. For his part, PSBank president and CEO Jose Vicente Alde said, "This great collaboration will provide better service to our customers ...

Withholding tax on Meralco refunds brought down to 15%
philstar.com - 3 weeks ago
MANILA, Philippines -- The Department of Finance (DOF) has approved the reduction in the creditable withholding tax on refunds paid by Manila Electric Co. (Meralco) to their customers effective Jan. 1. Finance Secretary Carlos Dominguez signed a new ...

Duterte being held hostage by Beijing?
philstar.com - 3 weeks ago
Jay Batongbacal, director of the University of the Philippines Institute for Maritime ... China President Xi Jinping knew more or less how to handle President Duterte when he came on a state visit in October 2016. Among the items Xi prepared for the ...

Military steps in as Australia floods bring crocs to the streets
philstar.com - 3 weeks ago
"Queensland has already born its fair share of extreme weather recently, with unprecedented bushfires, drought, heatwave, a cyclone, and now intense rainfall and flood," said Richard Thornton of the Bushfire and Natural Hazards Cooperative Research Centre.

French, African Lenders Sue Nigerian Oil Co. Over $1.2B Loan
Law360 - 3 weeks ago
Law360, London (February 4, 2019, 8:14 PM GMT) -- French investment bank Natixis and a South African lender are suing a Nigerian oil and gas company in ... share of a trade finance loan, which also included funds from Deutsche Bank AG and Citibank NA.

Ayala Land buying Mitsubishi stake in Laguna hub
Inquirer - 3 weeks ago
Property giant Ayala Land Inc. is buying the 20-percent stake owned by Japanese conglomerate Mitsubishi Corp. in industrial estate developer Laguna Technopark Inc. as part of a plan to consolidate ...

Continental Team G-for-G focuses on youth in Ronda
philstar.com - 3 weeks ago
Hualda said she has high hopes for the 19-year-old Carino, who was recruited out of Navy-Standard Insurance and 7-Eleven, and 19-year-old Grospe, who has been with Go for Gold for almost two years now. Carino will immediately plunge into action as regular ...

What are your zodiac readings for the Year of the Pig?
philstar.com - 3 weeks ago
One annual Chinese New Year project supported by Philippine STAR readers, industrialist Ricardo Leong and his wife, Dr. Rosita Leong -- the parents-in-law of JG Summit Holdings, Inc. CEO Lance Gokongwei -- is the Spring Film Festival featuring free ...

India Engineering Trade Fair Inaugurated
New Kerala - 3 weeks ago
Presence & Participation of 500 companies from over 25 countries include India, Germany, Japan, Korea, Latvia, USA, Finland, Israel, Philippines ... Microsoft, HP, Intel, Panasonic, Mitsubishi Electric, Philips, Schunk Intec, Samsung, Siemens, Sony ...

Power plant outages to push Meralco rates higher in February
BusinessWorld - 3 weeks ago
MANILA ELECTRIC Co. (Meralco) expects electricity rates to rise in February in part because of the power plant outages in the latter part of January, which resulted in an increase in the power prices at the spot market, an official of the company said.

7-Eleven cycling team focuses on Olympics
BusinessMirror - 3 weeks ago
7-Eleven CEO Vic Paterno (second row, fourth from left), Sports Director Ric Rodriguez (second row, first from right) and Roadbike Philippines Team Manager Bong Sual (second row, second from right ...

Solid demand for office space seen this year
BusinessWorld - 3 weeks ago
"More third party BPO (Business Process Outsourcing) providers will expand to provinces amid the rental growth in Manila, while the global captive centers remain and continues in the capital," he said during the briefing. In its report, Santos Knight ...

Ayala Land tightens hold on Prime Orion
BusinessWorld - 3 weeks ago
AYALA LAND, Inc. (ALI) has strengthened its grip on real estate logistics and industrial estate developer Prime Orion Philippines, Inc. (POPI) via an P800-million share purchase through Laguna Technopark, Inc. (LTI). In a disclosure to the stock exchange ...

On trains, trams and tranvias
BusinessMirror - 3 weeks ago
the Ateneo de Manila University and De La Salle University, which have a fleet of e-jeepneys going around their compounds and campuses. Philippine tourist destinations such as Boracay, Davao and ...

Conflicting statements on reclamation projects in Manila Bay
InterAksyon - 3 weeks ago
President Rodrigo Duterte signed Executive Order 74 that places the power of approving reclamation projects from the National Economic Development Authority or NEDA to the Philippine Reclamation Authority or PRA, an office directly under the Office of the ...

BDO successfully raises P35 billion in fixed-rate bonds
BusinessMirror - 3 weeks ago
BDO Unibank Inc. (BDO) on Monday announced it has successfully raised P35 billion in fixed-rate bonds, the largest single-peso bond issuance by a local bank. The bank reported that the bonds have ...

Ayala Land buys out Japanese partner in Laguna Technopark
BusinessMirror - 3 weeks ago
In return, Ayala Land will exchange its 20- percent equity interest in Laguna Technopark for additional shares of stock in Prime Orion Philippines Inc., equivalent to 323.88 million common shares ...

8990 to launch P2-billion share buyback program
BusinessMirror - 3 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 - 3 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 - 3 weeks ago
the company that owns the local operator of Okada Manila in Entertainment City in ParaƱaque said it concluded the share-purchase agreement of certain shareholders of Asiabest Group International ...

Meralco sees higher generation charge for February billing period
BusinessMirror - 3 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 - 3 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 - 3 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 ...