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Daily Archives: June 11, 2019 | 12:06 am



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Prime Media sells parcels of land in Albay to shopping mall operator

PRIME MEDIA Holdings, Inc. has sold parcels of land in Albay to a mall operator to pay off debts that will mature this year.

Fete de la Musique turns 25

BACK for its landmark 25th year, Fete de la Musique, once again brings together “the best of the best in the local music scene,” with more than 50 pocket stages and nine main stages scattered across eight cities in the country.

Mass housing groups want 1-stop shop for permits

MASS HOUSING groups urged the government to prioritize the establishment of one-stop processing centers in each region to facilitate the hasten the process of securing permits for housing projects.

QC Council approves ordinance seeking to regulate gambling

THE Quezon City (QC) Council recently approved an ordinance seeking to regulate gaming firms operating within the city, which includes the collection of entry fees to minimize residents’ access to casinos, as well as e-games and e-bingo hubs.

After 10 years apart: Orange & Lemons reunite, release a new single

MORE THAN 10 years have passed since Filipino pop-rock group, Orange & Lemons disbanded acrimoniously, but now that most of the members have resolved their differences, the band has reformed and is releasing its first single in more than a decade.

Singapore has 24,000 empty apartments (and 44,000 more on the way)

IN tiny Singapore, where you can drive the length of the island in under two hours, there are 24,000 vacant apartments.

PLDT partners with Schneider to upgrade data center

PLDT, Inc. said it tapped energy automation firm Schneider Electric to upgrade its data center in Pasig City with the latest available technology.

Business outsourcing companies to drive Iloilo office sector’s growth — report

BUSINESS process outsourcing firms are flocking to Iloilo City, driving the growth of the city’s office sector, according to Colliers International Philippines.

Trouble in Y’allywood: Abortion law rattles No. 1 film state in US

NO ONE meant for this to happen: That’s the quiet buzz in Georgia’s film and business communities this week, as more major Hollywood studios threatened to leave the US’s top movie and television production state because of its new abortion ban.

Gov’t fully awards T-bills as rates plunge

THE GOVERNMENT made a full award of the Treasury bills (T-bill) it placed on the auction block on Monday as yields plunged across the board amid expectations of interest rate cuts from the local and US central banks.

Antonio-led start-up offers licensing concepts for celebrity entrepreneurs

A NEW start-up is aiming to provide celebrity-designed franchising and licensing options in fashion, health, beauty, and food businesses.

Men in Black Hemsworth and Thompson suit up for 4th installment of franchise

MOSCOW — The Men in Black are back — wearing the same suits and sunglasses but different faces.
BSP

Rediscount borrowings by banks decline in May

BANKS TOOK less loans out of the central bank’s rediscount window in May, with the credit going to their purchases and commercial credits.
Cebu Pacific

Cebu Pacific to mount flights between Manila and Shenzhen

CEBU PACIFIC said it will start offering direct flights between Manila and Shenzhen next month to cater to the growing number of travelers that want to connect to China.

Construction of Robinsons Aurora Escalades starts

ROBINSONS Communities said it recently broke ground for its project Aurora Escalades in Aurora Boulevard, Cubao, Quezon City, signaling the start of construction.

BLACKPINK as Shopee brand ambassadors

TRADITIONAL shoppers still prefer the touch-and-feel experience that a physical store brings compared with the mere visual evaluation that online shopping portals offer.
Haruhiko Kuroda

Kuroda says BoJ has enough ammunition for monetary stimulus, wary of side effects

THE BANK of Japan (BoJ) can deliver more big monetary stimulus if necessary, but needs to take care with its side effects on the financial system, said Governor Haruhiko Kuroda.

Patience is a virtue

EVEN FOR hardcore gamers, visual novels are an acquired taste. By their very definition, they focus more on story as opposed to gameplay, and rely on visceral reaction rather than physical feedback to produce a unique brand of entertainment those digesting them would have to willingly partake of. In this regard, they’re on one end of the gaming spectrum that has pure action on the other. In an overwhelming number of cases, their interactivity is limited to inputs at certain points, representing choices in crossroads to pursue storylines as seen fit.

ICTSI unit to expand port in Croatia

THE subsidiary of International Container Terminal Services, Inc. (ICTSI) in Croatia said it is starting a year-long expansion of its terminal at the Port of Rijeka to accommodate larger vessels.

PA Properties unveils Yasmin housing model unit

PA PROPERTIES recently unveiled the housing model unit Yasmin for its St. Joseph Springfield project in Laguna.

ECB policy makers catch glimpse of future in Japan

FUKUOKA, Japan — Europe’s top central bankers who met their global peers in Japan this weekend may have caught a glimpse of their own future.

How PSEi member stocks performed — June 10, 2019

Here’s a quick glance at how PSEi stocks fared on Monday, June 10, 2019.