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  • Century Properties to invest P27B in five years

    Century Properties to invest P27B in five years

    Century Properties Group, Inc. is investing P27 billion over the next five years to beef up its real estate portfolio which includes economic housing, residential towers, leasing property, and leisure and tourism projects. In an analysts’ briefing, Century Properties…

  • Hyundai invests P1.2B in Calamba logistics facility

      Hyundai Asia Resources Inc. (HARI), the local distributor of Hyundai motor vehicles in the country, has invested P1.2 billion for a 10-hectare logistics complex to consolidate its stockyard, parts  warehouse, and distribution processes in Calamba, Laguna. HARI President…

  • Singapore Telecom to buy US cybersecurity firm for $810M

    Singapore Telecom to buy US cybersecurity firm for $810M

    Singapore Telecom (Singtel) said Wednesday it will buy almost all of US cybersecurity firm Trustwave for $810 million, saying it was looking to become “a global player” in the sector. Southeast Asia’s biggest telecom firm by revenue said it…

Banking More

  • BPI’s profit jumps 36% to P4.9B in Q1

    Bank of the Philippine Islands (BPI) said it registered a 36 percent jump in net income to P4.9 billion in the first quarter of 2015, citing sustained growth in lending and fee businesses. This translates to an annualized return…

  • Greece to plead leeway as IMF cash crunch looms

    Greece to plead leeway as IMF cash crunch looms

    by Alex PIGMAN Brussels, Belgium  – Greece will plead for leeway from an unwavering Europe on Monday, in a fresh effort to free up cash after months of deadlock in bailout talks. The eurozone’s 19 ministers meet in Brussels one day…

  • SMIC profit jumps 8.1% in Q1 on sustained growth of banking, property, retail businesses

    SMIC profit jumps 8.1% in Q1 on sustained growth of banking, property, retail businesses

    SM Investments Corporation (SMIC) said its consolidated net income rose 8.1 percent to P6.7 billion in the first quarter of 2015 on sustained growth of banking, property and retail businesses. “We are focused on expanding all our core businesses…

Stock Market More

  • Property, power remain favored issues

    Property and power issues still remain as the ideal stocks at the local stock market, which is expected to trade higher in the next few days on the back of the anticipation towards the first quarter gross domestic product…

  • Euro turns down ahead of Greece debt meeting

    Euro turns down ahead of Greece debt meeting

    Tokyo, Japan– The euro slipped in Asia on Monday ahead of a crucial eurozone meeting that Greece hopes will pave the way for a long-awaited bailout deal, while the dollar picked up on a strong US jobs report. In Tokyo, the…

  • Power, consumer firms also appealing

    While consumer and property companies remained one of the best bets among stocks, power firms may also perform better in the next few days despite a most likely sluggish trading week. Luis Limlingan, the managing director at Regina Capital…

Shipping More

  • Japanese aircraft firms expand in Clark

    Japanese suppliers of aircraft interiors and components companies are investing $2.385 million or about P106 million to expand their existing operations at the Clark Freeport Zone. Clark Development Corporation (CDC) said in a statement Jamco Philippines, Inc. (JPI) and…

  • PH a major market for logistics service providers

    The Philippines is poised to become a major growth market for logistics service providers over the next year if the government take steps to improve trade flows by investing heavily on the country’s outdated infrastructure, according to a new…

  • Vale sells 4 iron-ore carriers to Chinese shipping firm

    Vale sells 4 iron-ore carriers to Chinese shipping firm

    Murilo Ferreira made the best out of China’s latest Brazil tour. The chief executive officer of iron-ore giant Vale SA signed four deals with Chinese counterparts during Tuesday’s visit by Premier Li Keqiang to Brasilia, including a credit agreement…

Business Agenda More

  • Getting Clark to ‘fly’

    Getting Clark to ‘fly’

    Last month, my family flew to Europe via Qatar Airlines through Clark International Airport (CRK). We braced ourselves for a horrid experience. The last time we flew from the former U.S. base in 2006, the facility was nothing more…

  • Investing in our future leaders

    Investing in our future leaders

    When I am asked where our taxes go, I find that the difficult part is not actually answering this, but in convincing myself that taxes are indeed used for public services. If the results were more obvious, then the…

  • Pru Life UK brings Pacman fight to disaster survivors

    Pru Life UK brings Pacman fight to disaster survivors

    Pru Life UK brought live coverage of the Pacquiao-Mayweather Fight of the Century last May 3 to 10, communities in Bulacan, Nueva Ecija, Batangas, Quezon, Albay, Aklan and Northern Samar, as well as Bantayan Island in Cebu, where the…

Trade More

  • PH energy sector: Will it be left out in the AEC?

    PH energy sector: Will it be left out in the AEC?

    The Philippine energy sector is literally and figuratively having a ‘buffet of problems’ – and these have been giving industry players major headaches. Now, this is the question begging for an answer: Will the Philippine energy sector be able…

  • Japanese firms see ASEAN’s rising importance over China

    Japanese firms see ASEAN’s rising importance over China

    While many of Japanese manufacturers still continue to recognize the importance of China as a “manufacturer of the world,” only a minority said that China could maintain this status into the future as more Japanese firms anticipate ASEAN to…

  • BOI readies agribusiness roadmaps

    BOI readies agribusiness roadmaps

    The Board of Investments (BOI) will unveil development roadmaps on five sectors in agribusiness – confectionery, condiments, seaweeds/carrageenan, shrimps/prawns, and processed fruits  – which have the highest revenue streams potential and widest industry linkages in agri-processing. BOI Executive Director…

Business Tech More

  • Smart Infinity unveils ‘bespoke’ premium postpaid plans

    Smart Inifinity introduces four new premium plans to the market, each catering to what best suits the subscriber’s digital routine. “These new plans are, by far, the most bespoke services we’ve offered in the history of Smart Infinity. This…

  • San Beda crosses the Online Chasm

    At the Alabang Campus of San Beda College, students in the coming semesters will have the privilege of doing much more online check email and update their Facebook status. They will access course syllabi, access reading materials, have student-to-student…

  • Tech Buzz

    • EPSON PH COUNTRY MANAGER HEADS REGION, TWO OTHER SEA COUNTRIES Starting June 2015, in addition to being Epson Philippines Corporation’s (EPC) President/Country Manager, Toshimitsu Tanaka will hold concurrent positions as Managing Director of Epson’s Regional office (Epson Singapore…