PCAB contractors can pay licensing, registration fees online
Philippine Information Agency - 2018-06-14
As of now, the following bancnet member banks are being accepted for Landbank E-payment: Asia United Bank; BPI Direct BanKo; CTBC Bank; Citystate Savings Bank; DBP; Enterprise Bank; Entrepreneur Bank; Equicom Savings Bank; MASS SPECC; Malayan Bank ...

PCAB contractors can pay licensing, registration fees online
Philippine Information Agency - 2018-06-14
As of now, the following bancnet member banks are being accepted for Landbank E-payment: Asia United Bank; BPI Direct BanKo; CTBC Bank; Citystate Savings Bank; DBP; Enterprise Bank; Entrepreneur Bank; Equicom Savings Bank; MASS SPECC; Malayan Bank ...

PSBank cardless withdrawal usage picks up pace; daily average transaction jumps 23 percent since January
BusinessMirror - 2018-06-14
After getting the two PIN codes, clients may then proceed to any PSBank or Metrobank ATM to complete their cardless withdrawal transaction.

Now Corp. to use Transco fiber and microwave infra
BusinessMirror - 2018-06-14
The deal between Now and Transco comes after the Department of Information and Communications Technology (DICT ... It spans 6,154 kilometer across Luzon, the Visayas and Mindanao. Under the agreement, the government secured the right to use and/or access ...

CPG: Revenues to hit P1 billion by 2020
BusinessMirror - 2018-06-14
DEVELOPER Century Properties Group Inc. (CPG) said it expects its revenues to hit P1 billion by 2020 or three times more than the current one when all of its buildings and commercial projects are fully leased out. The company said it had to branch out to ...

DFA launches ePayment for passport applications
Rappler - 2018-06-14
"Applicants can pay the passport processing fee through any of the following payment centers: Bayad Center; EcPay; Pera Hub; Robinsons Business Center and Department Store; Walter Mart Department Store; 7-Eleven; USCC Western Union; and Villarica Pawnshop.

NIA ventures into floating solar power
philstar.com - 2018-06-14
SN Aboitiz Power Group has already proposed a water-based solar power project in Magat Dam in Isabela which features solar panels fixed to float on the water surface. The company will conduct a 2,500-square meter pilot project over the Magat reservoir ...

Award-winning student films compete in California
thestandard.com.ph - 2018-06-14
Four student films from Far Eastern University will vie for the Best Short Film at FACINE ... The silver anniversary of the film festival will open with the short film competition on Oct. 18 at the San Francisco Main Library and the SF Philippine Consulate ...

1,041 job seekers join Makati's Mega Job Fair, 137 hired-on-the-spot
Philippine Information Agency - 2018-06-14
"I would like to thank our Makatizens and jobseekers from other localities who availed themselves of the opportunity to land a job at our job fair ... Asiapro Cooperative, Ayala Malls Inc., Bench (Suyen Corporation), Burlington Industries, Citiworks ...

1,041 job seekers join Makati's Mega Job Fair, 137 hired-on-the-spot
Philippine Information Agency - 2018-06-14
"I would like to thank our Makatizens and jobseekers from other localities who availed themselves of the opportunity to land a job at our job fair ... Asiapro Cooperative, Ayala Malls Inc., Bench (Suyen Corporation), Burlington Industries, Citiworks ...

Market plummets; eyes on US Fed
thestandard.com.ph - 2018-06-14
A weaker peso will raise the cost of imports in peso terms and increase the manufacturing cost of companies. Conglomerate Ayala Corp. fell 4.2 percent to P937, while SM Investments Corp. of retail tycoon Henry Sy Sr. dropped 3 percent to P900. Metropolitan ...

6th Philippine Electric Vehicle Summit: A call to action
TechnoChops - 2018-06-14
Organized by the Electric Vehicle Association of the Philippines (EVAP), Manila Electric Company (MERALCO) and Partnership for Clean Air (PCA), the 6th PEVS is being undertaken in partnership with the Department of Transportation (DOTr), Department of ...

Comcast bids $65 billion for most of 21st Century Fox
CNN Philippines - 2018-06-14
Fox's Rupert Murdoch is keeping a few properties, including Fox News ... "We have long admired what the Murdoch family has built at Twenty-First Century Fox," Comcast CEO Brian Roberts wrote Wednesday in a letter to Fox detailing the proposal.

A Disruptive Retail ETF
CNN Money - 2018-06-13
Even with all those store closures, the U.S. still has significantly more physical retail space than in other major developed economies. Top holdings in CLIX include familiar fare, such as Alibaba Group Holding Ltd. (NYSE: BABA), Amazon.com Inc. (NASDAQ ...

Empire East expanding into luxury projects
BusinessWorld - 2018-06-13
PROPERTY developer Empire East Land Holdings, Inc. is adding 1,900 units to its residential portfolio this year, as it sees rising demand for its luxury projects. "Our properties that carry the luxury brand of Empire East Elite cater to a more high-end ...

Peso weakens to hit P53:$1 level
BusinessWorld - 2018-06-13
Ricafort, Rizal Commercial Banking Corp. Economics and Industry Research Divison head, said in a text message on Wednesday. Markets are expecting the Fed to raise its benchmark rates by a quarter of a percentage point at its meeting this week amid low ...

SEC approves P1-billion preferred shares offering of Now Corp.
BusinessMirror - 2018-06-13
This will also allow management the flexibility to invest the surplus cash back to grow the business," it said. Offer period will start on June 28 through July 4, while the shares will be listed on July 12.

MVP, Zobel groups to boost Metro Manila tourism via LRT-1
BusinessMirror - 2018-06-13
LRMC is jointly owned by Metro Pacific Investments Corp., chaired by business tycoon Manuel V. Pangilinan; AC Infrastructure Holdings Corp., chaired by Jaime Augusto Zobel de Ayala; and the Philippine Investment Alliance for Infrastructure, a closed-end ...

Pagbilao LNG hub project hits dead-end
BusinessMirror - 2018-06-13
and Asia United Bank (AUB)--with 400 MW and 650 MW at three-month intervals thereafter. But the big problem the project--which has been on the pipeline since 2006--faces is that it has not been allowed to connect to a distribution grid, despite the ...

The stock market sweet spot
BusinessMirror - 2018-06-13
The question about where you would invest an extra million if you did not need the money is actually important for understanding the economy and the stock market. People that are clueless about money and the economy always seem to relate stock market ...

Banks ready to fund infrastructure projects--BDO Capital
thestandard.com.ph - 2018-06-13
... delays," according to a high-ranking official of BDO Capital and Investment Corp., the investment banking unit of BDO Unibank Inc., the largest lender in the country. Speaking as one of the private sector panelists in a business forum hosted by CNN ...

Fun, active lifestyle at the park
thestandard.com.ph - 2018-06-13
Filinvest City, the premier garden central business district in the Metro South, recently opened two other sections of its Spectrum Linear Park, a foliage-canopied walkway that spans across the north and south ends of the township, as it further promotes a ...

SE Asia Stocks-Most fall ahead of Fed decision; Philippines down over 2 pct
Reuters - 2018-06-13
Philippine shares fell as much as 2.5 percent ... while Vietnam was little changed following a sharp drop in the previous session. Indonesian financial markets are closed until June 19 for Eid Al-Fitr. For Asian Companies click; SOUTHEAST ASIAN STOCK ...

Tomas Osmeña insisting on skate park at SRP
philstar.com - 2018-06-13
Osmeña said the 26-hectare property on SRP, bought by the consortium of Ayala Land, Cebu Holdings Inc., and SM Prime Holdings, is the "best area" for the sports hub and the skate park. "It's the best area. We have access from (barangay) Mambaling," the ...

More efficient government
philstar.com - 2018-06-12
Indeed, the devil is in the details. Take, for instance, the time when I needed to secure a Certificate Authorizing Registration (CAR) from the Bureau of Internal Revenue which is a requirement to transfer title of property from the seller to the buyer ...

Evidence of guilt
philstar.com - 2018-06-12
Dejucos, G.R. L-73326, December 14, 1987). Let me take this opportunity to extend my best wishes and congratulations to the Far Eastern University (FEU) on the 90th year of its founding. It can truly be said the after 90 years FEU has indeed lived up to ...

Alsons pegs rates for P1.5-billion debt note
Manila Standard Today - 2018-06-12
Alsons Consolidated Resources Inc. of the Alcantara Group has set the indicative rates for its planned P1.5-billion commercial paper, the first tranche under a P2.5-billion shelf registration program. ACR said in a filing with the Securities and Exchange ...

8990 Holdings Inc. expects reservation sales to hit 2,000 units
philstar.com - 2018-06-12
MANILA, Philippines -- 8990 Holdings Inc., the listed mass housing developer is close to selling 2,000 units at its 13-building project in Tondo, Manila. About 3,200 units were put on sale and are expected to be delivered before the end of the year.

MPTC to raise P20 billion for Cavite-Laguna Expressway
philstar.com - 2018-06-12
MANILA, Philippines -- Metro Pacific Tollways Corp. (MPTC), the tollway arm of Metro Pacific Investments Corp. (MPIC), is planning to raise up to P20 billion to fund the Cavite-Laguna Expressway (CALAx) project. MPTC president and chief executive officer ...

8990 Holdings expects P4-B sales from Tondo project
BusinessWorld - 2018-06-12
MASS HOUSING developer 8990 Holdings, Inc. looks to generate P4 billion in sales from its Tondo project this year, noting the uptick in demand as the development nears completion. In a statement issued Tuesday, the listed real estate company said Urban ...

P23.5B for CALAX seen ready by end-July
BusinessWorld - 2018-06-12
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 ...

PayMaya teams up with Fruit Magic
BusinessWorld - 2018-06-12
PAYMAYA Philippines, Inc. has ... at some of our stores," said Arielle Escalona, director of sales and marketing at Fruit Magic, in a statement. PayMaya users have to scan the QR code displayed at selected Pure Nectar branches in Metro Manila.

Alsons pegs rates for P1.5-billion debt note
thestandard.com.ph - 2018-06-12
Alsons Consolidated Resources Inc. of the Alcantara Group has set the indicative rates for its planned P1.5-billion commercial paper, the first tranche under a P2.5-billion shelf registration program. ACR said in a filing with the Securities and Exchange ...

Full foreign ownership in utilities faces tough Senate debate amid federalism shift -- legislator
BusinessWorld - 2018-06-12
He said he was not sure whether a power generation company should be allowed to continue having a retail electricity supply (RES) business. A licensed RES is allowed to sell electricity to consumers with power usage that has reached the threshold set by ...

Pontejas salvages Shoot-Out gold medal
BusinessMirror - 2018-06-12
Pontejos, a Business Management graduate from Centro Escolar University, hit two shots in her first rack and waxed hot in the middle and third racks by hitting eight consecutive shots at one point. She finished with a total of 14 points in 41.86 seconds to ...

Antonio-led firm expands footprint in Ecuador
BusinessMirror - 2018-06-12
Antonio, founder and CEO of Revolution Precrafted. Antonio is a son of former US Ambassador Jose E.B. Antonio and is currently a managing director at listed firm Century Properties Group Inc. Ecuador is the 11th market for the firm outside of the Philippines.

SSS inks MOA with AIM Coop
Philippine Information Agency - 2018-06-12
AURORA, Zamboanga del Sur, June 12 (PIA) --To intensify the membership campaign of Social Security System (SSS), a Memorandum ... Argabioso, senior vice president for account management group represented the SSS while Pacienciano Tomarong, chief executive ...

DOF: Prequalification criteria for potential third telco in the PHL weak
TechnoChops - 2018-06-12
Dominguez had previously said that no less than P200 billion is needed for the third telco to be competitive and challenge the duopoly that has been maintained by Globe Telecom and PLDT, Inc. The financial requirement, as stated in the revised guidelines ...

Five habits to practice to be financially savvy
Manila Standard Today - 2018-06-11
Handling finances right is a vital factor in achieving a healthy financial status. Philippine Savings Bank shares these five tips to help individuals, especially young ones, get a grasp of their finances. It pays to get an expert opinion to help you make ...

Next gen researchers: Investing in the future
The Land - 2018-06-11
This year she is one of eight graduates and young researchers offered positions as part of a Grains Research and Development Corporation (GRDC ... in instigating it and encouraging and nurturing the next generation of researchers," Mrs Serafin said.

Peso sinks to weakest in 12 years
philstar.com - 2018-06-11
MANILA, Philippines -- The peso retreated yesterday, closing to its lowest in almost 12 years at 52.95 to $1 due to uncertainties caused by the recent developments in the G7 meeting, analysts said. The local currency weakened by 25 centavos from last ...

Oil prices rolled back for 2nd week
philstar.com - 2018-06-11
Pilipinas Shell Petroleum Corp., Phoenix Petroleum Philippines Inc., PTT Philippines Corp., Seaoil Philippines Inc. and Total Philippines Corp. will implement their respective price adjustments starting at 6 a.m. Petron Corp. and UniOil Petroleum ...

MPIC unit completes deal for Vietnam water firm
BusinessWorld - 2018-06-11
On Monday, shares in Metro Pacific rose 0.80% to close at P5.05 each. 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 ...

ALI cuts 37% of emissions in 2017
BusinessWorld - 2018-06-11
Gonzales was quoted as saying in a statement. The property arm of Ayala Corp. has set aside 450 hectares (has) of its land bank to carbon forests which are protected through assisted natural regeneration (ANR). These carbon forests are located in Lio ...

Filinvest Land completes commercial hub for 100 West
BusinessWorld - 2018-06-11
FILINVEST Land, Inc. (FLI) has recently completed the three-storey podium that will serve as the commercial hub of its 100 West project, a mixed-use development within the Makati central business district. The listed property developer said in a statement ...

Austal taps Aboitiz unit to expand shipyard in Cebu
BusinessWorld - 2018-06-11
THE CONSTRUCTION arm of Aboitiz Equity Ventures ... Last year, the company said it was in negotiations with Chinese firms Shangdong Electric Power Construction Corp. III and Dongfang Electric Company to increase its footprint overseas.

Federal Land unit launches final phase of General Trias project
BusinessWorld - 2018-06-11
"With all these conveniences, Florida Sun Estates is an ideal community for families who prefer a less-stressful environment and more laid-back lifestyle," the company said. Federal Land, Inc. is the property arm of Ty-led GT Capital Holdings.

Electricity rate decreases this June
philstar.com - 2018-06-11
MANILA, Philippines - Meralco announced a decrease in overall electricity rates for June 2018, amounting to Php0.1252 per kWh for a typical household. The lower June rate is mainly due to a Php0.1556 per kWh decrease in generation and transmission ...

Five habits to practice to be financially savvy
thestandard.com.ph - 2018-06-11
"Financial literacy--whether you are a minimum wage earner, a student, or a veteran executive--is something that we all need to take seriously," said PSBank senior vice president for marketing group Noel Tuazon. "Our advisors will assist you on ...

Peso drops to near P53:$1 level
BusinessWorld - 2018-06-11
In a text message, Rizal Commercial Banking Corp. Economics and Industry Research Division Head Michael L. Ricafort attributed the weakening of the peso to data showing a wider trade deficit recorded in April as well as lower foreign reserves. The country ...