Protesters claim mistreatment as death toll in Nicaragua protests tops 200 - France 24

1h france24
Twenty-six young protesters were freed from jails in Managua and the flashpoint opposition bastion of Masaya in the first release of prisoners since the intervention of the bishops. (19-0)
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Bargain hunters splurge as PSEi breaks 7,000 mark

13h business.inquirer.net
The benchmark Philippine Stock Exchange index (PSEi) continued its descent on Friday, briefly dropping below the 7,000 level before bargain hunters entered the fray. (36-0)
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Released protesters claim mistreatment by Nicaragua government

11h yahoo
Managua (AFP) - Jailed Nicaraguan protesters said they had suffered beatings and mistreatment in detention following their release Friday after a plea by Catholic bishops, as the death toll in two months of anti-government protests rose to 212. (19-0)
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Richmonde–with its popular ‘sisig’ wraps–enjoys the lifestyle boom in Iloilo

13h lifestyle.inquirer.net
A family—a regular client—books 30 rooms at a time to celebrate a milestone. Some folk drive two hours from nearby provinces just to have breakfast. (3-0)
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MWSS welcomes Senate probe of sewerage system in Metro Manila

14h newsinfo.inquirer.net
The Metropolitan Water Works and Sewerage System (MWSS) welcomed the proposed Senate inquiry into the state of waste water treatment in Metro Manila. (2-0)
MWC

Vietcombank said to tap Credit Suisse to find insurance partner

2018-06-22 theedgemarkets
SINGAPORE/HANOI (June 22): Bank for Foreign Trade of Vietnam JSC, the nation’s biggest listed lender by market value, appointed Credit Suisse Group AG to advise on finding a new insurance distribution partner, people with knowledge of the matter said. (29-0)
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BPI to offer up to $2-B medium term notes

2018-06-22 bworldonline
BANK of the Philippine Islands (BPI) said it has been authorized by its board to establish an up to $2 billion dollar-denominated medium-term note (MTN) program, with the notes to be listed in Singapore. (10-0)
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What’s wrong with Asian stocks? Theories from Goldman and others

2018-06-22 malaymail
HONG KONG, June 22 — It’s been a tumultuous two weeks for equity traders in Asia. And at some point, it just gets to be too much — strategists from Goldman Sachs Group Inc to Morgan Stanley have begun slashing their forecasts. (74-0)
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PRESS DIGEST - Canada - June 22

2018-06-22 reuters
June 22 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. (5-0)
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SE Asia stocks most lower on trade woes, Philippines falls over 2pc

2018-06-22 malaymail
NEW YORK, June 22 — Most South East Asian shares traded on a weak note on Friday as investors assess the likely fallout of a global trade spat on corporate earnings, with the Philippines continuing its dismal run with an over 2 per cent fall in early trade. (17-0)
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Most Asean markets lower on trade woes, Philippines falls over 2%

2018-06-22 thestar.com.my
SINGAPORE: Most South East Asian shares traded on a weak note on Friday as investors assess the likely fallout of a global trade spat on corporate earnings, with the Philippines continuing its dismal run with an over 2 percent fall in early trade. German automotive maker Daimler late on Wednesday cut its 2018 profit forecast, as import tariffs on cars exported from the United States to China would hurt sales of its Mercedes-Benz cars, sparking fears of a wave of earnings downgrades in the auto industry. (17-0)
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Mactan airport terminal 2 to start operations July 1

2018-06-22 bworldonline
GMR-Megawide Cebu Airport Corp. (GMCAC) said it is prepared to open the Mactan Cebu International Airport (MCIA) Terminal 2 on July 1. (3-0)
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BPI sets up MTN program to raise up to $2 billion

2018-06-22 bworldonline
Bank of the Philippine Islands (BPI) has established a dollar-denominated medium-term note (MTN) program to maximize flexibility in raising capital. (4-0)
BPI DB

Boracay Water to accelerate development of sewage treatment projects

2018-06-22 bworldonline
BORACAY Island Water Co., Inc. (Boracay Water) said it will be fast-tracking its sewer projects as requested by the Department of Environment and Natural Resources, which will mean accelerated spending this year. (2-0)
MWC

Malaysia snaps nine-session losing run, other SE Asian shares subdued

2018-06-22 malaymail
KUALA LUMPUR, June 22 — Southeast Asian stock markets were subdued today as investors assessed the likely fallout of US-China trade tensions on corporate results, while Malaysia snapped nine sessions of losses led by gains in financial and energy stocks. (1-0)
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What's wrong with Asian stocks? Theories from Goldman and others

2018-06-21 theedgemarkets
HONG KONG (June 22): It’s been a tumultuous two weeks for equity traders in Asia. And at some point, it just gets to be too much — strategists from Goldman Sachs Group Inc to Morgan Stanley have begun slashing their forecasts. (74-0)
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PSEi continues slide, hits 17-month low

2018-06-21 business.inquirer.net
The local stock barometer sank to the 7,000 level yesterday as foreign funds scrambled to trim their exposure now that the bears have wrestled control of the market from the bulls. (5-0)
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UPDATE 1-Manulife to cut 5 pct of Canadian workforce in technology push

2018-06-21 reuters
June 21 (Reuters) - Canada’s Manulife Financial Corp is cutting some 700 jobs in the country as part of a drive to automate certain functions, the insurer said on Thursday. (5-0)
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Manulife cutting 700 jobs, consolidating Canadian operations

2018-06-21 cbc.ca
Manulife Financial Corp. said Thursday it plans to cut about 700 jobs in Canada over the next 18 months as it move to digitize and combine some of its operations. (5-0)
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Manulife cutting 700 jobs as it restructures operations

2018-06-21 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (5-0)
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Canadian insurer Manulife to cut 700 jobs

2018-06-21 reuters
June 21 (Reuters) - Canadian insurer Manulife Financial Corp said on Thursday it would cut about 700 jobs, partly through voluntary exit programs. (5-0)
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Rebisco-led bank projects 14% increase in 2018 profit

13h business.inquirer.net
The Rebisco Group’s Asia United Bank (AUB) is expecting profit to grow around 14 percent in 2018 as it expands its presence and clientele.
AUB

Peso strengthens on BSP policy rates decision

2018-06-21 bworldonline
The peso strengthened a tad against the dollar on Thursday, June 21, following the local central bank’s decision to raise its interest rates. (9-0)
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PSEi slides 2.25% after BSP rate hike

2018-06-21 bworldonline
Local equities plummeted on Thursday as bearish sentiments hounded the country, following the Bangko Sentral ng Pilipinas (BSP)’s second rate hike and the continued exit of foreign funds from the Philippine market. (5-0)
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Dennis Uy to buy stake in ISM via share issue

2018-06-22 bworldonline
ISM Communications Corp. said its board has authorized the executive committee to issue shares, adding that Udenna Group’s Dennis A. Uy has “committed” to participate in the fund-raising exercise.
ISM

ISM board approves fundraising through share issuance

2018-06-22 bworldonline
The board of directors of ISM Communications Corp. has authorized its executive committee to raise funds through the issuance of treasury shares as well as unissued shares from of its authorized capital stock, the company told the stock exchange on Friday.
ISM

Famous Spanish street artist courted to paint Edmonton's biggest mural

2018-06-20 cbc.ca
If two Edmonton art lovers get their way, a homely brick facade near Whyte Avenue will become a blank canvas for renowned Spanish street artist Okuda San Miguel. (19-0)
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Local stocks end in bear territory

2018-06-20 business.inquirer.net
The local stock barometer ended in bear territory yesterday as foreign investors pulled more funds out of local equities ahead of the Bangko Sentral ng Pilipinas’ (BSP) widely anticipated decision to raise key interest rates by 25 basis points. (5-0)
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Asia business sentiment slips from 7-year high

2018-06-20 bworldonline
KUALA LUMPUR — Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that US President Donald Trump’s protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system. (9-0)
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SEC approves NLEX fund-raising

2018-06-20 bworldonline
NLEX Corp. has secured clearance from the Securities and Exchange Commission (SEC) for its shelf registration of up to P25 billion in fixed rate bonds. (9-0)
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Del Monte Philippines books P2.6-B profit

2018-06-20 bworldonline
DEL MONTE Philippines, Inc. (DMPI)’s net income was flat for its fiscal year ending April 2018, due to higher interest expenses amid a single-digit growth in sales. (6-0)
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ALI unit expands Davao luxury residential project

2018-06-20 bworldonline
AYALA LAND Premier (ALP) is launching the second tower of its luxury residential project in Davao City within the year, after seeing strong demand for the first tower where it generated P2.6 billion in sales. (5-0)
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Shares near bear territory on overseas tensions

2018-06-20 bworldonline
LOCAL EQUITIES tumbled on Wednesday, moving closer to bear territory amid rising tensions between the United States and China. (5-0)
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Peso weakens anew vs US dollar

2018-06-20 bworldonline
THE PESO slid against the dollar on Wednesday as investors remain wary about trade tensions overseas and amid the decision of the local central bank to raise its interest rates. (4-0)
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PT&T settles P7-M SEC fine for failure to comply with reportorial requirements

2018-06-21 bworldonline
THE PHILIPPINE Telegraph and Telephone Corp. (PT&T) on Thursday said it has paid the P7-million fine slapped by the Securities and Exchange Commission (SEC) for its failure to submit audited financial statements and annual reports, among others.
PTT

MRC Allied’s share issuance secures SEC exemption

2018-06-20 bworldonline
MRC Allied, Inc. has been exempted from the registration requirements for the more than a billion common shares it plans to issue at P0.70 apiece, the company said on Wednesday. (1-0)
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Asia business sentiment slips from seven-year high on trade worries: Thomson Reuters/INSEAD

2018-06-20 theedgemarkets
KUALA LUMPUR (June 20): Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that U.S. President Donald Trump’s protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system. (9-0)
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Asia business sentiment slips from 7-year high on trade worries — Thomson Reuters/INSEAD

2018-06-20 theedgemarkets
KUALA LUMPUR (June 20): Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that US President Donald Trump's protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system. (9-0)
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Asia business sentiment slips from seven-year high on trade worries: Thomson Reuters/INSEAD

2018-06-20 reuters
KUALA LUMPUR (Reuters) - Business confidence among Asian companies slipped for the first time in three quarters, on mounting worries that U.S. President Donald Trump’s protectionist policies would trigger tit-for-tat reprisals and undermine the global trading system. (8-0)
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Jail officer gunned down in Bohol

2018-06-19 newsinfo.inquirer.net
CEBU CITY — A jail officer was killed in an ambush by motorcycle-riding gunmen in Barangay Balintawak, Talibon town, in Bohol on Tuesday. (19-0)
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Solons want Duterte to fire four ERC commissioners

2018-06-20 newsinfo.inquirer.net
Lawmakers on Monday said President Rodrigo Duterte should fire the four commissioners of the Energy Regulatory Commission (ERC) who were suspended by the Office the Ombudsman for the second time in six months due to alleged misuse of bill deposits. (3-0)
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IRC to implement structural changes ahead of Makati subway construction

2018-06-21 bworldonline
IRC Properties, Inc. is making key structural changes to its company in preparation for the construction of its proposed subway system in Makati.
IRC

Solons back Ombudsman suspension of ERC execs

2018-06-19 newsinfo.inquirer.net
Several House members on Tuesday lauded the Ombudsman’s decision to again suspend four officials of the Energy Regulatory Commission (ERC) for neglect of duty on electric bill deposits that were allegedly misused by power distributor Manila Electric Co. (Meralco). (3-0)
MER

SE Asian stocks decline; worsening US-China trade spat unnerves investors

2018-06-19 theedgemarkets
(June 19): Southeast Asian stock markets declined on Tuesday, with Thailand and Vietnam closing more than 2% lower, as escalating US-China trade tensions led to a broad sell-off in regional equities. (28-0)
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PhilWeb buys 2 e-Games sites in Cebu

2018-06-19 bworldonline
PHILWEB Corp. has acquired two gaming sites licensed by the Philippine Amusement and Gaming Corp. (PAGCOR) in Cebu City. (5-0)
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IRC-led group gets original proponent status for Makati subway project

2018-06-20 business.inquirer.net
A consortium led by property developer IRC Properties has bagged “original proponent status” from the Makati City government for an unsolicited proposal to build a $3.7-billion subway system to ease traffic bottlenecks within the city, which is home to the country’s premier central business district.
IRC

RCBC to launch blockchain remittance service in Japan

2018-06-19 bworldonline
RIZAL COMMERCIAL Banking Corp. (RCBC) is set to launch a remittance service in partnership with two Japanese banks using the blockchain technology for a cheaper and faster way of sending money. (4-0)
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Top Philippine stock fund holds on to cash as bear market nears

2018-06-19 bworldonline
THE best stock fund in the Philippines is holding on to its cash as a sell-off that’s wiped out more than $36 billion from Asia’s worst-performing equity market brings the benchmark closer to bear territory. (4-0)
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DoubleDragon starts building 2nd CentralHub

2018-06-19 bworldonline
DOUBLEDRAGON Properties Corp. on Tuesday said it has started construction for its second industrial leasing hub in Iloilo City. (2-0)
DD

IRC gets original proponent status for Makati mass transport system

2018-06-20 bworldonline
IRC Properties, Inc. secured original proponent status from the Makati government for its proposed $3.7-billion intra-city rail transport system.
IRC