$15-B project to solve airport woes

5h business.inquirer.net
A new international aviation hub with four runways will prevent a repeat of last weekend’s disruption of flights at the Ninoy Aquino International Airport that affected thousands of travelers nationwide, according to the head of the country’s largest conglomerate.
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Firm eyes deal on internet over power lines

5h business.inquirer.net
Laguna-based electronics manufacturer Cirtek Holdings Philippines Corp. is in talks with National Grid Corporation of the Philippines (NGCP) on a potential partnership that could transform the country’s electricity superhighway into a mobile backbone.
NG NGG NGGTF TECH

ArteFino 2018: Watch out for intricate beadwork of Davao’s Bagobo Tagabawa tribe

6h lifestyle.inquirer.net
Clockwise from left: Marimel Francisco, Zarah Juan, Bae Arlyn Salazar, Maritess Pineda, Cedie Vargas, Mita Rufino, Suzy Quiros with the Bagobo Tagabawa community
FPH FPHP FPHPC

Sy’s SMIC plans to extend logistics tentacles in buy-in of Airspeed

10h business.inquirer.net
The country’s largest conglomerate SM Investments Corp. (SMIC) is in talks to invest in Airspeed International Corp., a freight forwarding and e-commerce enterprise, as part of its expansion in the logistics space.
SM SMIVY SVTMF

Meralco seeks to raise power generation cost

11h bworldonline
MANILA ELECTRIC CO. (Meralco) is asking the Energy Regulatory Commission (ERC) for provisional authority to adjust the price of electricity in its power supply agreement (PSA) with a plant in Pagbilao after the tax reform law raised the excise tax on coal.
MER

SM Retail ramping up store expansion

11h bworldonline
SM Retail, Inc. aims to grow the number of stores under its portfolio to 3,000 within the next five years, banking on the increasing spending power of Filipinos alongside the growing economy.
SM SMIVY SVTMF

San Miguel may get go signal for TPLEx extension by next month

11h bworldonline
THE DEPARTMENT of Public Works and Highways (DPWH) said it is looking to give San Miguel Corp. (SMC) by next month the original proponent status (OPS) for its proposal to extend the Tarlac-Pangasinan-La Union Expressway (TPLEx).
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

BoI preparing province-level push for inclusive business models

13h bworldonline
THE Board of Investments (BoI) is preparing a national development plan that will accommodate inclusive business (IB) models at the provincial level.
JBFCF JBFCY JFC

More airport dev’t needed after NAIA closure

13h bworldonline
THE Department of Transportation (DoTr) said the disruption to air travel caused by the airport closure caused by the botched landing of a XiamenAir jet last week highlights the need to develop alternative gateways and upgrade systems at existing airports.
532754 AGI ALGGF ALGGY FDC FILIY GMQRY GMRINFRA JGS JGSHF JGSMY MPCFF MPCIY MPI MWIDE MWP SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

PSA preparing terms for national ID auction process

13h bworldonline
THE implementing agency for the Philippine Identification System Act said it is preparing the terms to auction the design contract for the infrastructure underlying the national identification (ID) system.
ABTZY AEV

Pulse survey shows major discontent with high electricity rates

15h newsinfo.inquirer.net
Majority of Filipino consumers are disappointed with the prevailing high electricity rates, according to a recent nationwide Pulse Asia survey.
MER

Our short memories and quiet revolutions

15h bworldonline
It was just a little over a generation ago when Ninoy Aquino came home to a tragic death at the hands of our own people. Just 35 years ago when hundreds of thousands of us openly marched in the streets for hours, while the dictator still controlled the levers of power, to accompany his body to his resting place, and to demonstrate our heartfelt appreciation of his sacrifice. And three years later, after years of marching in the streets to publicly express our outrage, we finally converged on EDSA to oust the hated dictator Marcos and his family from Malacañang.
PNB SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Meralco seeks rate hike amid higher excise tax on coal

17h bworldonline
Manila Electric Co. (Meralco) is asking the Energy Regulatory Commission (ERC) for provisional authority to adjust the price of electricity in its power supply agreement (PSA) with a plant in Pagbilao after the tax reform law raised the excise taxes on coal.
MER

LOOK: Eric Quizon fires up IG with throwback Star Olympics hunk photos

2018-08-21 entertainment.inquirer.net
Multi-awarded actor and director Eric Quizon wowed his Instagram followers recently when he shared photos of him from the heyday of his youth, specifically the time when he competed at the Star Olympics many years ago. (0-1)
GMA7 GNWKY

Financial 15 Split Corp. Regular Monthly Dividend Declaration for Class A & Preferred Share

2018-08-20 globenewswire
TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550 annually). Distributions are payable September 10, 2018 to shareholders on record as at August 31, 2018. (14-0)
0945 C CGBBW CIFAF CIX GJS GLSSP GS GSC GSJ GWLIF GWLOF GWO JBK MFC MFC SLF SLF SLF SLFYF TD TD TFG TNTTF WFC WFCNP

Goodbye, Naia; hello, Bulacan airport?

2018-08-20 newsinfo.inquirer.net
The nightmarish 36 hours of paralysis at Ninoy Aquino International Airport (Naia) is a wake-up call for everybody. Thousands of passengers were stranded, tourists ended up disgruntled, overseas Filipino workers were left at risk of losing their jobs and businessmen complained of missed meetings and business opportunities, among other adverse effects. All because of the Xiamen Air plane which skidded off the runway while landing.
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Samurai and saint     

2018-08-20 usa.inquirer.net
The statue of Justus Takayama Ukon, a 17th-century samurai lord, or daimyo, and a Catholic, in Plaza Dilao, Paco, Manila.
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Developers report mixed Q2 results

2018-08-20 bworldonline
SEVERAL PROPERTY companies reported mixed performances in the second quarter of 2018, with Rockwell Land Corp. posting strong real estate sales, while others saw a drop in revenues.
ALHI ROCK

MFT Group to bring Salad Stop, La Lola overseas

2018-08-20 bworldonline
PRIVATE EQUITY firm MFT Group is investing $3 million this year to expand its food business under brands Salad Stop and La Lola Churreria overseas.
SSI

Stocks decline anew as investors pocket profits

2018-08-20 bworldonline
LOCAL EQUITIES fell on Monday as investors went profit taking ahead of the trading break on Tuesday for the Islam holiday Eid’l Adha.
PHSXY PSE PSKXF

Rooftop solar could help reduce diesel, coal imports — report

2018-08-20 bworldonline
ROOFTOP solar systems have the potential to lower electricity costs to P2.50 per kilowatt-hour (kWh) by displacing imported energy sources and bringing new investment of around P1.5 trillion by 2030, a research firm said.
MER

Dividend 15 Split Corp. II Regular Monthly Dividend Declaration for Class A & Preferred Share

2018-08-20 globenewswire
TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.10000 for each Class A share and $0.04375 for each Preferred share. The net asset value at the time of declaration was $15.10. Distributions are payable September 10, 2018 to shareholders on record as at August 31, 2018. (1-0)
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M SPLIT CORP. - Monthly Dividend Declared for Class I Preferred Shares

2018-08-20 globenewswire
TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price. Distributions are payable September 10, 2018 to shareholders on record as at August 31, 2018.
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Canadian Life Companies Split Corp. Preferred Dividend Declared

2018-08-20 globenewswire
TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.05208 for each Preferred share ($0.625 annually). Distributions are payable September 10, 2018 to shareholders on record as at August 31, 2018.
0945 MFC MFC SLF SLF SLF SLFYF

Dividend 15 Split Corp. Declares 173rd Consecutive Monthly Distribution

2018-08-20 globenewswire
TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. declares its 173rd consecutive monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable September 10, 2018 to shareholders on record as at August 31, 2018. (1-0)
0945 BCE CIFAF CIX MFC MFC SLF SLF SLF SLFYF TAC TD TD TNTTF TRI TRP TU

Property firms post mixed second-quarter results

2018-08-20 bworldonline
Property companies reported mixed performances in the second quarter of 2018, depending on the real estate sales and rental income each firm posted for the period.
ALHI ROCK

DM Consunji first-half net income up 36%

2018-08-20 bworldonline
The construction arm of DMCI Holdings, Inc. grew its net income by 36% in the first six months of 2018, fueled by its building and infrastructure units.
DMC DMCHY DMCIF DMCP

Moody’s affirms Security Bank investment grade

2018-08-20 bworldonline
Moody’s Investors Service has affirmed its investment-grade rating to Security Bank Corp, maintaining the “stable” outlook on the lender.
SECB SYBJF

Pulse Asia: Majority of Filipinos not satisfied with electricity rates

2018-08-20 newsinfo.inquirer.net
Majority of Filipinos are not satisfied with the current electricity rates, a recent survey conducted by Pulse Asia showed.
MER

China regulator asks financial institutions to support infrastructure investment

2018-08-19 thestar.com.my
BEIJING: China’s banking and insurance regulator has asked financial institutions to give more support to infrastructure investment, importers and exporters, and creditworthy companies experiencing temporary problems.
CHIB CKGOY

Iloilo’s newest family water park taps provincial market

2018-08-18 lifestyle.inquirer.net
AquaFun offers the following attractions: the aquatic gate, a 10-meter-wide arc with crashing waves; Pool Playground; Octopus and Jellyfish Sprinklers; Water Buckets and Spouts; Spray Grounds; and Water Pond.
RBLAY RBNTF RLC RRETY RRHI

Exciting theater comebacks

2018-08-18 lifestyle.inquirer.net
Antonio T. Baculi, Sea Princess, Carlo S. Rufino, Shella May B. Villacorta, Candice T. Lim, Edilberto S. Ramos
PNB

Xiamen Air pilot, first officer barred from leaving PH

2018-08-18 newsinfo.inquirer.net
NAIA NIGHTMARE The effects of Thursday night’s runway shutdown continued to be felt at Ninoy Aquino International Airport on Saturday. —INQUIRER/MARIANNE BERMUDEZ
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Now H1 income more than doubles to P5.82M

2018-08-17 business.inquirer.net
Listed NOW Corp. said earnings jumped higher in the first half of the year, as revenues for IT services and broadband internet went up.
GLO GLOPA GLOPP GTMEF GTMEY

SMC power unit lists P15-B bonds on PDEx

2018-08-17 business.inquirer.net
SMC Global Power Holdings Corp. yesterday listed on Philippine Dealing & Exchange (PDEx) Corp. P15 billion worth of fixed rate bonds, completing a P35-billion package that was approved in 2017.
BDO BDOUF BDOUY PNB SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

Security Bank rolls out 2 feeder funds

2018-08-17 business.inquirer.net
Security Bank has unveiled two new funds that allow investors to diversify their portfolio by participating in US and other global equity funds.
SECB SYBJF

Expected resumption of US-China talks lifts markets

2018-08-17 business.inquirer.net
The local stock barometer firmed up yesterday as the looming resumption of trade talks between the United States and China cheered regional markets.
PHSXY PSE PSKXF SMPH SPHXF SPHXY SPHZF

CANADA STOCKS-TSX lower after inflation data bolsters case for rate hike

2018-08-17 reuters
(Reuters) - Canada’s main stock index slipped on Friday after a much stronger-than-expected inflation data bolstered expectations of an interest rate hike as early as next month. (3-0)
0945 ABX ABX ACB ACBFF APH APHQF BAM BAMGF BAMKF CAGDF CG LYDIF MFC MFC NGD NGD NGDAF WPM

Bargain hunt fuels recovery

2018-08-17 bworldonline
LOCAL EQUITIES rebounded on Friday, as traders hunted for bargains and as optimism returned amid eased US-China trade tensions.
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Ayala Land to raise P8 billion from five-year bond issue

2018-08-17 bworldonline
AYALA Land, Inc. plans to raise P8 billion by issuing fixed-rate retail bonds with a maturity of five years which will be listed on the bond exchange, the company told the stock exchange on Friday.
ALI AYAAF AYAAY

PDEx year-to-date bond listings top P120-B after SMC Global issuance

2018-08-17 bworldonline
THE listing of SMC Global Power Holdings Corp.’s P15-billion fixed-rate bonds on Friday brought the year-to-date new listings at the bond exchange at P120.92 billion, officials of Philippine Dealing & Exchange Corp. (PDEx) said.
SMC SMC2A SMC2B SMC2C SMC2D SMC2E SMC2F SMCP1 SMGBF SMGBY

STI says new-campus building program in full swing

2018-08-17 bworldonline
STI Education Systems Holdings, Inc. said its expansion is in “full swing” with new campuses in various stages of construction, bringing the company’s asset base to nearly P1.6 billion.
STI

DoTr chief outlines airport roadmap

2018-08-17 bworldonline
TRANSPORTATION Secretary Arthur P. Tugade outlined the government’s airport roadmap to include multiple airports connecting Bulacan, Cavite, and NCR.
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Security Bank may go branch-lite for underserved areas

2018-08-17 bworldonline
SECURITY Bank Corp. is considering establishing more branch-lite units to expand its network to untapped and unbanked areas.
SECB SYBJF

ALI plans to raise up to P8 billion from bond issuance

2018-08-17 bworldonline
Ayala Land, Inc. plans to raise P8 billion by issuing fixed rate retail bonds with a maturity of five years and to be listed at the bond exchange, the company told the stock exchange on Friday, Aug. 17.
ALI AYAAF AYAAY

FDC 7B H1 net income up 45%

2018-08-17 business.inquirer.net
The Gotianun family-led Filinvest Development Corporation (FDC) reported first half net income of Php7.2B, a 45% increase vs. the same period in 2018. Majority of revenues, or 44%, were contributed by the property business – which includes both the real estate and hotel groups. Banking (38%), power (11%) and sugar (6%) contributed the balance.
FDC FILIY FLI FVSMF

GMA H1 income down 21% to P1.22B

2018-08-16 business.inquirer.net
Media giant GMA Network Inc. saw its profit decline in the first semester of 2018 as its main television and radio advertising revenues dropped.
GMA7 GNWKY

Dennis Uy acquires 45.13% of ISM

2018-08-16 business.inquirer.net
Davao-based Dennis Uy has gained control of 45.13 percent of holding firm ISM Communications Corp. by finalizing a deal to buy new common shares worth P1.28 billion.
ISM PHSXY PSE PSKXF

ANI gets original proponent status for proposed JV arrangement with NFA

2018-08-16 business.inquirer.net
Listed AgriNurture Inc. (ANI) said the National Food Authority (NFA) had granted granted “original proponent status” to its unsolicited joint venture (JV) proposal for the financing and purchase of imported rice to help augment the country’s buffer stock.
PHSXY PSE PSKXF

Foreign selling pulls down PH stocks

2018-08-16 business.inquirer.net
The local stock market slipped on Thursday, tracking sluggish regional markets, as fears of economic contagion from Turkey soured foreign investors’ appetite.
PHSXY PSE PSKXF