MA. LISBET K. ESMAEL

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Neflix to stream mini-series about PH war on drugs TV5 Network Inc. said it has formed a partnership with US-based streaming giant Netflix, banking on more content this year to boost revenues and break even by 2019. The broadcast company, led by businessman Manuel V. Pangilinan, said in a statement…

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The Philippines’ screen time management fell short of the global average, a report on the digital intelligence quotient (DQ) of young Filipinos showed. In its 2018 DQ Impact report—which seeks to measure how children between eight and 12 years olds manage their screen time, multitasking, online-game participation and social-media use—global…

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CASUAL dining chain operator Max’s Group Inc. (MGI) posted 12 percent higher earnings in 2017, buoyed by double-digit growth in its systemwide sales. In a disclosure on Friday, MGI said net income last year reached P626.69 million versus the P561.74 million registered in 2016. Earnings before interest, taxes, depreciation and amortization…

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RAMON Ang-led Eagle Cement Corp. booked a net income of P4.26 billion in 2017, slightly lower than the P4.3 billion to P4.5 billion target but 4 percent higher than the profit recorded in the previous year. Eagle Cement told the local bourse on Friday the increase was due to the strong sales…

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The Philippines must embrace science in dealing with disasters and avoid the mistakes made when Supertyphoon Yolanda (international name: Haiyan) struck the country in November 2013, an academic said on Tuesday. According to University of the Philippines (UP) Resilience Institute Executive Director Alfredo Mahar Francisco Lagmay, there is a need…

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BEIJING-BASED gadget maker Xiaomi has returned to the Philippines in hopes of dominating the industry after claiming the top spot in the India’s smartphone market late last year, a company executive said on Tuesday. John Chen, regional director of Xiaomi Southeast Asia, said the company wanted “to build confidence” with its…

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AYALA-LED Globe Telecom, Inc. has secured P7 billion in new financing to fund its capital expenditures (capex) and other corporate requirements. In a disclosure on Tuesday, the telco said it inked term loan facilities amounting to P6 billion and $20 million (P1.04 billion) with Mizuho Bank, Ltd. The company has spent…

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PHILIPPINE Telegraph and Telephone Corporation (PT&T) is set to submit a supplemental position paper to the House of Representatives to prove that it has not violated the provisions of its franchise. The company informed the Philippine Stock Exchange (PSE) on Monday that it will file a supplemental position paper to the House committee on…

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Pangilinan-led PLDT Inc. might lean on its fixed-line business this 2018 given its sustained growth in the segment, Japanese think tank Nomura said in a report on Monday. “PLDT has a strong positioning on fixed and if well executed, it could gain revenue momentum here—unlike what we have seen with its…

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BANK of Makati (BMI) is bullish that small and medium Filipino enterprises will account for half of its loan portfolio by 2022 given the strong performance of its motorcycle lending business. BMI President Luis Chua said the bank would continue to focus on and tap the micro, small, and medium…

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