PSEi ends higher on selective buying

27m business.inquirer.net
The local stock barometer overcame a rough trading day on Friday, firming up at close on the back of selective buying of large-cap stocks. (15-0)
ALI AYAAF AYAAY PHSXY PSE PSKXF SM SMIVY SVTMF

Revision of public utility law seen

4m business.inquirer.net
The plan to allow China to become the third telco player in the country will be boosted by President Duterte’s order to clarify the definition of public utilities, the country’s chief economist said. (9-0)
GLO GLOPA GLOPP GTMEF GTMEY

China telco investments to benefit Philippines

3h philstar
MANILA, Philippines — Possible Chinese investments in the Philippine telecommunications market will improve the service quality of the sector, according to a report by BMI research. (19-0)
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

PSEi ends nearly flat amid lack of leads

5h bworldonline
THE PHILIPPINE STOCK EXCHANGE index (PSEi) managed to stage a last-minute rally on Friday to edge up from the past week, enabling the local benchmark to stay in step with several Asian peers. (27-0)
533306 ALI AYAAF AYAAY GLO GLOPA GLOPP GTMEF GTMEY JBFCF JBFCY JFC JGS JGSHF JGSMY RBLAY RLC SM SMIVY SUMMITSEC SVTMF

Chinese construction firm holds due diligence on planned LNG project in PH

27m business.inquirer.net
A subsidiary of Chinese construction giant China Energy Engineering Corp. Ltd. has started a yearlong due diligence that would lead to a decision on whether it would pursue a liquefied natural gas (LNG) project with MRC Allied Inc. (6-0)
3996 MRAIF MRC PHSXY PSE PSKXF

RLC to generate P20B through share sale

4m business.inquirer.net
Gokongwei-led property developer Robinsons Land Corp. is raising as much as P20 billion in fresh funds for expansion by selling new shares to existing investors. (5-0)
PHSXY PSE PSKXF RBLAY RLC

BPI raises P12.2B from offering of high-yield term deposits

4m business.inquirer.net
Ayala-led Bank of the Philippine Islands has raised P12.2 billion from a landmark offering of high-yielding term deposits, so far the single largest issuance of such an instrument in the local banking system. (5-0)
PHSXY PSE PSKXF

BSP paves way for start of repurchase mart

3h bworldonline
THE BANGKO SENTRAL ng Pilipinas’ (BSP) Monetary Board has approved a zero-percent reserve requirement on repurchase (repo) transactions ahead of the start of organized market operations on Monday, the BSP said in a statement on Friday. (12-0)
ALI ATB AYAAF AYAAY BDO BDOUF BDOUY

Philippines slips a notch in ICT Development Index

5h philstar
MANILA, Philippines — The Philippines has slipped one notch in a United Nation agency’s ICT Development Index (IDI). (14-0)
COGT GLO GLOPA GLOPP GTMEF GTMEY IDI IDIP PHI PHTCF TEL TLII

BSP paves way for start of repurchase mart trades

5h bworldonline
THE BANGKO SENTRAL ng Pilipinas’ (BSP) Monetary Board has approved a zero-percent reserve requirement on repurchase (repo) transactions ahead of the start of organized market operations on Monday, the BSP said in a statement on Friday. (12-0)
ALI ATB AYAAF AYAAY BDO BDOUF BDOUY

BPI LTNCTD issue expanded to record P12.24-billion

5h bworldonline
BANK of the Philippine Islands (BPI) listed P12.24 billion worth of long-term notes yesterday, marking the entry of the bank into the fixed income exchange. (11-0)
ALI AYAAF AYAAY BPI PNB SECB SYBJF UBNC

Restore whole ecology not just trees, miners told

27m business.inquirer.net
BAGUIO CITY—Instead of rebuilding forests when a mine’s life ends, mining firms should invest in restoring the whole ecology that was damaged by mining activity, a unit of Nickel Asia Corp. proposed during this year’s annual mine safety and environment symposium here. (2-0)
NIKAY NIKL

MGB: HMC mining permit renewal unlikely

27m business.inquirer.net
The application for the renewal of Hinatuan Mining Corp.’s (HMC) mining permit in Eastern Samar is likely to be rejected based on existing laws, Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said. (2-0)
NIKAY NIKL

Index climbs on selective buying

5h philstar
MANILA, Philippines — The stock market managed to climb yesterday on selective buying after experiencing a decline during the early morning session. (5-0)
DNOW NOW PHSXY PSE PSKXF

PSEi gains on selective buying

10h business.inquirer.net
The local stock barometer firmed up at the end of a rough trading day on Friday, supported by selective buying of large-cap stocks. (16-0)
ALI AYAAF AYAAY MRAIF MRC PHSXY PSE PSKXF SM SMIVY SVTMF

Duterte tells communist leaders to surrender ‘or face punitive actions’

11h newsinfo.inquirer.net
Jose Maria Sison (left), founder of the Communist Party of the Philippines, was a professor of President Rodrigo Duterte in college. (File photo from the Philippine Daily Inquirer) (19-0)
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Duterte: PH gov’t will not coalesce with communists

12h newsinfo.inquirer.net
The Philippine government would not enter into a coalition government with the communists, President Rodrigo Duterte said Friday, a day after he formally declared the termination of the peace talks with the National Democratic Front (NDF). (19-0)
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

GCash to adopt Alipay cashless payment model in China and rest of Asia

12h business.inquirer.net
A Filipino shopper uses the scan to pay feature of the GCash App at a store in one of the popular malls in the Philippines (9-0)
GLO GLOPA GLOPP GTMEF GTMEY

On the borders of prominence

17h bworldonline
The Philippine economy is flourishing under an unparalleled surge of growth, and now the country is going through some growing pains. Traffic congestion is already strangling the productivity of businesses in Metro Manila’s central business districts, while the promised infrastructure projects designed to relieve the pressure loom still far out of reach. Meanwhile, more cars enter the capital’s roads each month, and new businesses attracted by the Philippines’ stellar growth need new places to set up shop. (24-0)
FDC FILIY JGS JGSHF JGSMY SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Cashless payments soon to hit Ministop

13h business.inquirer.net
Globe Telecom announced that it partnered with Ministop, which would allow consumers to use its GCash mobile wallet app to buy goods using a recently-introduced QR Code scanning feature. (9-0)
GLO GLOPA GLOPP GTMEF GTMEY

Robinsons Land readies P20-B stock rights offer

5h bworldonline
ROBINSONS Land Corp. (RLC) said its board of directors has approved in principle the company’s plan to raise up to P20 billion in fresh capital from a stock rights offering.
RBLAY RLC

World-class Filipino employers

18h bworldonline
​Last month, Forbes, the American business magazine, published a list of 2,000 of the World’s Best Employers. It enlisted the market research and business intelligence firm Statista to examine more than 360,000 recommendations that employees from different parts of the world made. (14-0)
8697 ABTZY AEV BDO BDOUF BDOUY JPXGY MER OSCUF SM SMIVY SVTMF

PSE oks Del Monte Pacific’s $160M preferred shares offer

14h business.inquirer.net
The Philippine Stock Exchange has approved a plan by Campos-led food and beverage conglomerate Del Monte Pacific Ltd. (DMPL) to raise around $160 million from a new tranche of preferred shares offering. (6-0)
D03 DMPL DMPLF PDMXY PHSXY PSE PSKXF

BPI raises P12.2B from term deposit offer

15h business.inquirer.net
Ayala-led Bank of the Philippine Islands has raised P12.2 billion from a landmark offering of high-yielding term deposits, so far the single largest issuance of such an instrument in the local banking system. (5-0)
PHSXY PSE PSKXF

RLC plans P20B stock rights offer

15h business.inquirer.net
Gokongwei-led property developer Robinsons Land Corp. (RLC) is raising as much as P20 billion in fresh funds for expansion by selling new shares to existing investors. (5-0)
PHSXY PSE PSKXF RBLAY RLC

PH stock index regains some lost ground

2017-11-23 business.inquirer.net
The local stock barometer rebounded on Thursday as investors took recent dips as a signal to pick up stocks, albeit in a thin trading session. (30-0)
.INDU PHSXY PSE PSKXF SM SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY SMIVY SVTMF

Duterte to ease limits to foreign capital

22h business.inquirer.net
President Duterte wants to ease foreign investment restrictions in several areas, including the telecommunications sector that is currently dominated by two giant companies. (9-0)
GLO GLOPA GLOPP GTMEF GTMEY

A decent internet service

2017-11-23 philstar
After Jack Ma mocked the internet service our telcos provide, I was hoping an overnight miracle will boost the quality of our broadband connectivity. National honor is at stake. (19-0)
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Bay Street Tops Wall Street in Banking Job Growth - Bloomberg

2017-11-23 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (16-0)
0945 MFC MFC SLF SLF SLF SLFYF TD TD TNTTF

Bulacan airport can be finished in 5 years

2017-11-23 philstar
MANILA, Philippines — Diversified conglomerate San Miguel Corp. can build its proposed Bulacan airport in five years as soon as it gets the nod of the Duterte administration, its president and chief operating officer Ramon Ang said. (19-0)
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

D&L set to build new plant in Batangas

2017-11-23 business.inquirer.net
Five years after its last expansion program, chemical and food ingredient manufacturer D&L Group plans to build new manufacturing facilities in Batangas, setting the stage for future growth. (5-0)
PHSXY PSE PSKXF

Targets set for reduced foreign curbs

2017-11-23 bworldonline
MALACAÑANG has zeroed in on eight sectors and activities in its bid to further ease limits to foreign participation and ownership, according to Memorandum Order No. 16 signed by Executive Secretary Salvador C. Medialdea on Nov. 21 and released to journalists on Thursday. (11-0)
ATB GLO GLOPA GLOPP GTMEF GTMEY

ALI to accelerate capex spending in 2018

2017-11-23 bworldonline
AYALA LAND, Inc. (ALI) sees capital expenditure (capex)  accelerating up to P100 billion in 2018, as the property giant aims to keep up with the growing demand for residential projects in the country. (10-0)
ALI AYAAF AYAAY PHSXY PSE PSKXF

Hot money outflows hit $563.2 M in October

2017-11-23 philstar
MANILA, Philippines — Profit taking resulted in the biggest net outflow of foreign portfolio investments in almost a year with $563.21 million in speculative funds leaving the country in October. (5-0)
PHSXY PSE PSKXF

D&L expands manufacturing facilities

2017-11-23 philstar
MANILA, Philippines — The D&L Group is building new manufacturing facilities to double its existing capacity. (5-0)
PHSXY PSE PSKXF

PSEi rebounds to 8,300

2017-11-23 business.inquirer.net
The local stock barometer rebounded to the 8,300 level on Thursday as investors took recent dips as a signal to pick up stocks albeit in thin trading session. (30-0)
.INDU PHSXY PSE PSKXF SM SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY SMIVY SVTMF

Calata studies possible buyback of shares

2017-11-23 philstar
MANILA, Philippines — Calata Corp. is studying the possibility of undertaking a gradual buyback of the shares held by minority shareholders. (5-0)
PHSXY PSE PSKXF

More foreign funds leave Philippines in October

2017-11-23 bworldonline
MORE FOREIGN FUNDS left the country in October — marking the biggest outflow in almost a year — led by net outflows from the Philippine Stock Exchange (PSE) and peso-denominated government securities, the central bank reported yesterday. (5-0)
PHSXY PSE PSKXF

D&L seeks PEZA perks for new facility

2017-11-23 bworldonline
D&L INDUSTRIES, Inc. is seeking incentives from the Philippine Economic Zone Authority (PEZA) for its planned manufacturing facilities in Batangas, as the company aims to grow its export business in the next few years. (5-0)
PHSXY PSE PSKXF

Calata appeals PSE delisting decision

2017-11-23 bworldonline
CALATA Corp. said it has appealed the Philippine Stock Exchange (PSE) decision to delist the company. (5-0)
PHSXY PSE PSKXF

WeChat Pay, China’s other giant, arrives in PH

2017-11-23 business.inquirer.net
Rebisco group-led Asia United Bank (AUB) has become the first bank in the Philippines to roll out mobile payments system WeChat Pay, allowing Chinese tourists to conveniently make payments using their electronic wallets.
AUB

Ateneo bracing for tough battle vs La Salle in finals

2017-11-23 bworldonline
HAD it tough in the Final Four of Season 80 of the University Athletic Association of the Philippines (UAAP) men’s basketball tournament, the Ateneo Blue Eagles are bracing for yet another difficult battle at hand as they take on the defending champions and rivals De La Salle Green Archers in a best-of-three finals series. (3-0)
FEU

New year calls for diversifying in foreign exchange

2017-11-23 philstar
MANILA, Philippines — Many economists think the weakness of the Philippine peso will persist through 2018, no thanks to an expected more hawkish stance by the US Federal Reserve. (6-0)
D03 DMPL DMPLF PDMXY PHSXY PSE PSKXF TECH

Durant return to OKC

2017-11-23 bworldonline
Prior to the Warriors’ visit to the Chesapeake Energy Arena yesterday, eight-time All-Star Kevin Durant was asked if he would be able to suit up. He had sprained his left ankle in a match over the weekend, and wound up missing the next outing. “I don’t know,” he said. “We’ll see how it feels in the morning, but, right now, it feels good.” Which, to avid fans of the National Basketball Association, simply meant he would play; short of the coming of the End of Days, nothing was going to make him miss his date with his former squad.
BCDTY BSC

Apex Mining aims to increase processing capacity

2017-11-23 bworldonline
DAVAO CITY — Apex Mining Co., Inc. is aiming to increase its milling capacity for gold and silver to 3,000 tons per day within the next two to three years, almost double its daily average so far this year.
APX

Cirtek moves up the Global Technology Value Chain

2017-11-23 business.inquirer.net
It was during the turbulent year of 1984 that businessman Jerry Liu incorporated Cirtek Electronics Corporation (CEC), with dreams of establishing a globally-competitive company then operating out of Manila’s district of Paco. (5-0)
PHSXY PSE PSKXF TECH

Small telco dreams big, eyes Chinese partners

2017-11-22 business.inquirer.net
Philippine Telegraph and Telephone Corp. (PT&T) is looking to invest about $200 million (P10 billion) over three years to expand its fixed broadband business in Metro Manila and key areas in Luzon, its chair Salvador B. Zamora II said. (29-0)
0728 CHA CHJHF GLO GLOPA GLOPP GTMEF GTMEY SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

SMC folding packaging business into PureFoods

2017-11-22 business.inquirer.net
The San Miguel group plans to infuse its packaging business into consumer arm San Miguel PureFoods Co. Inc.—which will be renamed San Miguel Food and Beverage Inc.—to complete the consolidation of its traditional businesses under one roof. (25-0)
GSMI PHSXY PSE PSKXF SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

D&L investing in new factories

2017-11-23 business.inquirer.net
Five years after its last expansion program, chemical and food ingredient manufacturer D&L Group plans to beef up its manufacturing capacity to set the stage for future growth by setting up new facilities in Batangas. (5-0)
PHSXY PSE PSKXF

Cirtek 9-Month Net sales jumps 26%

2017-11-23 business.inquirer.net
CIRTEK HOLDINGS Philippines Corp. posted a 26% year on year growth in net sales for the nine months ending September 30, 2017. Net sales rose to $67.9 million from $54 million for the same period last year.
TECH