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Bursa hits six-month low among muted South-east Asian stocks

2017-10-19 themalaymailonline
Malaysian shares drop as much as 0.3 per cent to their lowest since April 21. — Reuters picKUALA LUMPUR, Oct 19 — South-east Asian stock markets were subdued and moving in a narrow range today, with Malaysia edging down to its lowest in nearly six months, while Singapore climbed, driven by the banking sector. (19-0)

SE Asia stocks: Most rise; Philippines gains for sixth session in seven

2017-10-09 themalaymailonline
People shop at a department store in Bangkok. — Reuters picMANILA, Oct 9 — Most South-east Asian stock markets edged higher today, with the Philippines headed for a sixth winning session in seven as expectations of a tax overhaul kept investors upbeat. (9-0)

Commentary: Defining the future of public utilities

2017-10-06 philstar
(First published on October 5, 6:08 p.m.) The United Nations Conference on Trade and Development published a World Investment Report on June 2017 showing that out of 104 economies, including the Philippines, transportation ranked as the industry most affected by restrictions on foreign direct investment. (4-0)

Defining the future of public utilities

2017-10-06 philstar
(First published on October 5, 6:08 p.m.) The United Nations Conference on Trade and Development published a World Investment Report on June 2017 showing that out of 104 economies, including the Philippines, transportation ranked as the industry most affected by restrictions on foreign direct investment. (4-0)

Defining the future of public utilities

2017-10-05 philstar
The United Nations Conference on Trade and Development published a World Investment Report on June 2017 showing that out of 104 economies, including the Philippines, transportation ranked as the industry most affected by restrictions on foreign direct investment. (4-0)

Build Build Build for our country’s prosperity

2017-10-04 philstar
In establishing inclusive growth in the country, it is vital to foster excellent relations with stakeholders who will work together to create programs to achieve the common goal. Good thing to have a government that is eager to deliver results to its constituents. (20-2)

Philippine shares drop on profit-taking, others in SE Asia tread water

2017-09-28 themalaymailonline
The Philippine stock index dropped as much as 0.8 per cent, making it the worst performer in South-east Asia. — Reuters picSINGAPORE, Sept 28 — Philippine shares fell in low-volume trade today, heading for a fourth session of decline in five, as investors continued to book profits after the market hit a record high earlier this month. (17-0)

Philippines falls as EDC plummets; other SE Asian stocks little changed

2017-09-25 themalaymailonline
The Philippine stock index declined as much as 0.9 per cent in what could be its second straight session of falls. — Reuters picBENGALURU, Sept 25 — Philippine shares fell nearly 1 per cent today, dragged down by a sharp drop in renewable power producer Energy Development Corp (EDC), while most other South-east Asian stock markets were little changed in thin trade. (25-0)

Silverlake Axis founder presented with Asean Legacy Award

2017-09-15 thestar.com.my
PETALING JAYA: Malaysia’s first tech billionaire and founder of banking software provider Silverlake Axis Ltd, Goh Peng Ooi, has been honoured with the prestigious Legacy Award at the recent Asean Business Awards.

Cebu Pacific gets BOI perks for A330 purchase

2017-08-14 philstar
MANILA, Philippines - The Board of Investments (BOI) will extend incentives to Cebu Air Inc.’s P6.1- billion air transport project under the public infrastructure and logistics activity of the new investment priorities plan.

Megawide to bid for Clark airport construction

2017-08-13 philstar
MANILA, Philippines -  Megawide Construction Corp. has expressed interest in the bidding for the engineering procurement and construction (EPC) of the Clark international airport passenger terminal.

JG Summit nets P14.64B

2017-08-11 business.inquirer.net
Gokongwei-led conglomerate JG Summit Holdings’ first semester core net profit was flat at P15.95 billion from the previous year, weighed down by slower earnings from the airline business alongside some foreign exchange and hedging losses.

PH stocks continue downturn, on 3-day slide

2017-08-10 business.inquirer.net
The local stock barometer slipped for the third straight session on Thursday after failing anew to stay above the 8,000 mark in intra-day trade.

SE Asia stocks nudge down as N. Korea tensions linger

2017-08-10 themalaymailonline
People walk past a panel displaying the benchmark Hang Seng Index during afternoon trading outside a bank in Hong Kong April 15, 2015. — Reuters picSINGAPORE, Aug 10 — Southeast Asian stock markets, except Singapore and Vietnam, edged lower this morning as lingering tensions between the United States and North Korea dampened risk appetite in the region, which is geographically close to the epicentre of this crisis.

JG Summit ventures into digital lending

2017-08-02 philstar
MANILA, Philippines -  A subsidiary of JG Summit Holdings Inc. has formed a joint venture with China-based Oriente to set up a digital financial service company to serve underbanked consumers and micro, small and medium enterprises in the Philippines.

Philippines rebounds from two-day fall, others in S-E Asia rangebound

2017-08-02 themalaymailonline
Financial, consumer and property stocks led gains in Philippine shares which climb 1 per cent. — Reuters picMANILA, Aug 2 — Philippine shares rose 1.5 per cent today, recovering from two consecutive sessions of fall, while other South-east Asian markets were rangebound as investors digested the recent slew of economic data.

Oriente- Express create joint venture to address financial inclusion through fintech

2017-08-01 business.inquirer.net
Signatories to the partnership (from left) BJ Sebastian, JG Summit Holdings Chief Strategist; Lance Gokongwei, JGSH President & COO; Geoffrey Prentice, co-founder of Oriente and Skype; and Pryncess Esguerra, JGSH Corporate HR Manager.

MPIC to bid for Clark airport operations, maintenance

2017-07-16 philstar
MANILA, Philippines -  Metro Pacific Investments Corp. (MPIC) is joining the planned bidding of the operations and maintenance of the Clark International Airport in Pampanga.

JG Summit bulks up 2017 capex to P48 B

2017-06-28 philstar
MANILA, Philippines -  JG Summit Holdings Inc. is setting off on a more aggressive capital spending program this year as it seeks better positioning for its various businesses to counter emerging challenges on the external front.

JG Summit sets P48.2B capital spending

2017-06-28 business.inquirer.net
Industrial conglomerate JG Summit Holdings Inc. has budgeted P48.2 billion for capital spending this year as the group starts a new phase of expansion program for its pioneering petrochemical business.

RLC forms unit for infra-related business

2017-06-27 business.inquirer.net
Gokongwei-led Robinsons Land Corp. (RLC) is diversifying its revenue stream through the creation of a new unit devoted to infrastructure and integrated development, including the setting up of warehousing facilities to cater to the logistics requirements of the growing domestic economy.

DepEd starts pooling resources to rebuild schools in Marawi

2017-06-27 newsinfo.inquirer.net
Black smoke billows from burning houses after an aerial bombing by the Philippine Air Force on militant Islamist positions in Marawi on June 27, 2017.Hundreds of militants, flying the flag of the Islamic State group and backed by foreign fighters, seized swathes of Marawi in the southern region of Mindanao last month, sparking bloody street battles and raising regional concern. (Photo by TED ALJIBE / AFP)

Robinsons Bank eyes growth this year

2017-06-25 philstar
MANILA, Philippines - Robinsons Bank Corp., the banking arm of JG Summit Holdings Inc., expressed its optimism for this year, as it eyes growth across its business segments, a company official said.

Gov’t shelves private bids for new airports

2017-06-18 philstar
MANILA, Philippines -  The government has put on hold unsolicited proposals for new airports to serve Manila as it focuses on measures that can be undertaken immediately to address congestion at the country’s main international gateway.

Robinsons Bank mulls public sale

2017-06-16 philstar
MANILA, Philippines - Robinsons Bank Corp., the banking arm of JG Summit Holdings Inc. is looking to go public in the next three years, a company official said.