May, 2015

• 19 May

  Mar should give way to Grace Poe

  

  The French phrase noblesse oblige comes to mind as Interior Secretary Mar Roxas grapples yet again with the dilemma of whether to run for president, despite the emergence of a stronger candidate other than himself.

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• 19 May

  Bourse revamps system as trade volume grows

  

  The local bourse will start using its new trading system, the PSEtrade XTS, on June 1, 2015, which is a trading engine developed by American stock exchange Nasdaq.

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• 19 May

  8990 continues to expand reach for housing development

  

  Regional property developer 8990 Holdings Inc., which has been the leader in the development of low- and middle-cost housing since 1995, continues to expand its reach to various locations in the country.

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• 19 May

  IBRS shortens trade processes by half

  Reforms launched last April 14 to ease the conduct of doing business in the country have been rolled out successfully in its first month of operation, according to the Securities and Exchange Commission (SEC).

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• 19 May

  Huge prospects push banks to farm sector

  By Jerry Maglunog Farming is the source of revenues of half of the local labor force. If there are about 44 million workers, more than 20 million of them are likely farmers.

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• 19 May

  May-Pac megafight breaks sales record, earns $400-M PPV buys

  

  The Floyd Mayweather Jr.-Manny Pacquiao megafight generated an eye-watering $400 million in US revenues, fueled by more than 4.4 million pay-per-view buys, making it the highest-grossing fight in boxing history, organizers said.

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• 19 May

  Bloomberry Q1 profit drops 19% to P1.7 billion

  

  Bloomberry Resorts Corp. (Bloomberry), owner and operator, through subsidiaries, of the Solaire Resort and Casino, reported a 19-percent drop in its earnings to P1.748 billion before interest, depreciation and amortization (EBITDA) during the first quarter.

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• 18 May

  Dusit hotel brand to ride on Davao’s rapid growth

  Dusit International plans to tap the burgeoning economic activity in Davao City with the entry of dusitD2 Davao, an upscale hotel that will cater to Filipino and foreign business travelers. It will be built adjacent to the Dusit Thani Residences, a luxury apartment complex with 168 full-service residence units. In partnership with Makati City-based Torre Lorenzo Development Corp., Dusit International is set …

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• 18 May

  The ‘Fab Four’ of ‘Asia’s Got Talent’: What could the future hold for them?

  

  By Alvin I. Dacanay By the time this piece sees print, the four Filipino finalists in the just-concluded first edition of Asia’s Got Talent—10-year-old pop singer Gwyneth Dorado of Antipolo City, Rizal province; dance crew Junior New System of Sampaloc, Manila; 24-year-old classical singer Gerphil-Geraldine Flores of Parañaque City; and the winner, shadow-play group El Gamma Penumbra of Tanauan City, …

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• 18 May

  Taal: Heritage, history and homes highlighted

  

  Story and photos by Riza Lozada Heritage tours these days draw people who can spend on a tour package that involves, among other things, visiting centuries-old structures.

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