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Daily Archives: June 4, 2019 | 12:07 am

Relationships and family are the focus of the French Film Festival

FOR ITS 24th year, the French Film Festival will have a slate of 15 films which “explore the depths of human relationships and the importance of family.”

Why logistics is next big thing for Philippine real estate sector

THE LOGISTICS sector is expected to be the “next big thing” to watch in Philippine real estate, as it presents growth opportunities for developers amid the ecommerce boom, according to a report by Santos Knight Frank.

Shakey’s acquires Project Pie assets

SHAKEY’S Pizza Asia Ventures, Inc. (SPAVI) on Monday said it is acquiring the assets of artisanal pizza brand Project Pie.

K-drama star charms Filipino fans

WHEN Korean actor and singer Seo Kang Joon first appeared on the reality TV show Roomate five years ago, his quiet charm immediately caught the viewers’ attention, and early on pundits were confident that he had the makings of a full-fledged K-drama star.

Avida targets ‘upgraders’ for Imus subdivision

AVIDA LAND Corp. is beefing up its residential portfolio in Cavite with the launch of a subdivision inside parent Ayala Land Inc.’s mixed-use estate Vermosa in Imus.

PSE makes it easier for small investors to subscribe to an IPO

SMALL investors may now subscribe to initial public offerings (IPO) online, following the Philippine Stock Exchange, Inc.’s (PSE) launch of a web-based platform that looks to boost their participation in maiden offerings in the future.

A short solo stint

KOREAN boy band Wanna One had 11 members and since its disbandment in January, two of its members already held fan meetings in Manila — first was Park Ji Hoon and followed shortly by Bae Jin Young.

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Non-outsourcing companies driving demand for office spaces — Colliers report

TRADITIONAL and non-outsourcing firms is fueling demand for office spaces anew, according to Colliers International Philippines.

DMCI Mining more than doubles nickel ore shipments

DMCI Mining Corp. recorded a 118% increase in nickel ore shipments in the first quarter of 2019.

DreamPlay marks 4th year with kiddie dance off

THE 4th anniversary celebration of City of Dreams Manila’s DreamPlay, the only DreamWorks-inspired interactive play space in the world, is in full swing with the staging of the annual King Julien Dance Off competition.

Loc&Stor 24/7 opens SLEx branch

SELF-STORAGE facility Loc&Stor opened its fourth facility along the South Luzon Expressway (SLEx), catering to residents and business owners in Alabang, Parañaque, Magallanes, Las Piñas, Cavite, Laguna, Batangas, and nearby areas.
BoT treasury

Gov’t makes full award of T-bills with offer thrice oversubscribed

THE GOVERNMENT raised P15 billion as planned at its auction of Treasury bills (T-bill) yesterday, with rates sliding across all tenors as investors parked their additional funds following the first cut in banks’ reserve requirement ratios (RRR) last week.

Philippine Airlines, PALEA sign collective bargaining agreement

PHILIPPINE Airlines (PAL) and its labor group PAL Employees Association (PALEA) inked a five-year collective bargaining agreement (CBA) that provides for “enhanced employment terms” for the latter’s members.

Elton slams Russian cuts to Rocketman gay scenes

LOS ANGELES — Elton John on Friday criticized Russia’s reported censorship of gay sex scenes in the new movie musical based on his life, Rocketman, calling the decision “cruelly unaccepting of the love between two people.”

DMCI Homes turns over units at Parañaque condo

DMCI Homes has started turnover of units at the first building of Calathea Place, a residential condominium project in Parañaque City.

UnionBank lists bonds

UNIONBANK of the Philippines, Inc. listed P5.8 billion in three-year fixed-rate bonds, which will support its expansion and lengthen its debt maturity profile.

Velarde’s Now Telecom plans to offer 5G services

NOW TELECOM Co., Inc. said Monday it is planning to offer fifth-generation (5G) services in the country, in order to keep up with telecommunications giants PLDT, Inc. and Globe Telecom, Inc.

Chernobyl ends today

THE last episode of the five-part HBO Original Miniseries Chernobyl — about the events surrounding the Chernobyl Nuclear Reactor in the Ukraine which suffered a massive explosion that released radioactive material across Ukraine, Belarus and Russia, and as far as Scandinavia and western Europe — airs today at 9 a.m. on HBO GO and HBO, with a same day encore at 10 p.m.

SMEC Philippines to design railway projects

SMEC Philippines Inc. has been tapped to design the Manila Clark Railway Project (MCRP) North Line and the North South Railway Project (NSRP) South Line.

It aims to please

EVERY ONCE in a while, gamers are struck by the stunning simplicity of a new release. With myriad titles vying for their attention and seeking to rise above the din by striving to outshout the competition, they find themselves appreciating the modulated approach of an astutely positioned title. Such has been the reception generated by Lapis x Labyrinth, which hit store shelves in Japan (as Lapis Re Abyss) late last year and which just made its way to the West. Even official Nintendo sites for United States and United Kingdom constituencies yield little by way of information. “Help a struggling town recover from bankruptcy in an age of dwindling adventuring,” they intone. “Plunge into the mysterious Labyrinth while collecting more loot than you can ever imagine.”

Capitol Commons named best mixed-use dev’t in PHL

CAPITOL Commons, a 10-hectare project of Ortigas & Company, was recently named Best Mixed-use Development in the Philippines by the Asia Pacific Property Awards.

Deutsche Bank, UniCredit start Brexit swaps move

DEUTSCHE BANK AG and UniCredit SpA moved some of their swaps trades from London to Frankfurt in May as banks used a lull in the ongoing Brexit drama to prepare for the worst.
Securities and Exchange Commission (SEC) logo

SEC warns public against investing in Broilerpreneur, ADA Farm, Ever Arm

THE Securities and Exchange Commission (SEC) warned the public against several groups that have been luring investors in exchange for unrealistically high returns.

How PSEi member stocks performed — June 3, 2019

Here’s a quick glance at how PSEi stocks fared on Monday, June 3, 2019.