TODAY'S BUSINESS HEADLINES

Philippine stock index scales to new all-time high 30-Jan-15, 4:41 PM | Darwin G. Amojelar, InterAksyon.com

Metro Pacific Group poised to take over SCTEX 30-Jan-15, 4:27 PM | Darwin G. Amojelar, InterAksyon.com

Fresh oil price rollback looms 30-Jan-15, 4:02 PM | Euan Paulo C. Añonuevo, InterAksyon.com

AirAsia Philippines brings back Cebu-Kota Kinabalu flights, offers seat sale 11:28 pm | Darwin G. Amojelar, InterAksyon.com The P699 seat sale runs until February 8.

PLDT, European data center operator tie up for ethernet service in UK PLDT, European data center operator tie up for ethernet service in UK 10:51 pm | Darwin G. Amojelar, InterAksyon.com The partnership allows PLDT to offer ethernet private leased circuit service between the UK and the rest of the world.

US-Philippines Society board meets in Manila for fresh investment campaign US-Philippines Society board meets in Manila for fresh investment campaign 10:32 pm | Darwin G. Amojelar, InterAksyon.com The US delegation will meet with President Aquino and visit typhoon-hit Tacloban.

Pace of December money supply growth nearly returns to double-digits Pace of December money supply growth nearly returns to double-digits 10:01 pm | InterAksyon.com From a revised 9.2 percent last November, domestic liquidity rose by 9.6 percent last month.

EastWest firms up insurance venture, plans sale of new shares to stockholders EastWest firms up insurance venture, plans sale of new shares to stockholders 5:32 pm | InterAksyon.com Terms of the stock rights offering have yet

Lending business fuels surge in BPI\ Lending business fuels surge in BPI's fourth-quarter net income 5:16 pm | InterAksyon.com Trading gains for the entire 2014 however were halved from the previous year, dragging down profit last year.

Manila Water forms joint venture for leak reduction in Zamboanga Manila Water forms joint venture for leak reduction in Zamboanga 4:54 pm | Euan Paulo C. Añonuevo, InterAksyon.com The 10-year agreement gives Manila Water a 70 percent interest in the joint venture.

Philippine stock index scales to new all-time high 4:41 pm | Darwin G. Amojelar, InterAksyon.com Philippine stock index scales to new all-time highYear-to-date, the PSEi is up 6.4 percent.

Metro Pacific Group poised to take over SCTEX 4:27 pm | Darwin G. Amojelar, InterAksyon.com Metro Pacific Group poised to take over SCTEXNo one else offered to challenge the Metro Pacific Group's last proposal to operate SCTEX.

Fresh oil price rollback looms 4:02 pm | Euan Paulo C. Añonuevo, InterAksyon.com Fresh oil price rollback loomsThe expected reduction comes after this week's slight increase in gasoline prices.

Century Properties plans sale of dollar-denominated debt 12:15 pm | InterAksyon.com Century Properties plans sale of dollar-denominated debtThe company aims to list the bonds on the Singapore Exchange.

'Falling angels' could hit $260 billion of emerging market debt 11:22 am | Reuters \Almost $260 billion worth of sovereign and corporate bonds - nearly a tenth of outstanding emerging market (EM) debt - is in danger of being relegated to junk.

Oil prices fall as output remains high, producers slash costs 11:11 am | Reuters Oil prices fall as output remains high, producers slash costsAnalysts said that the market outlook remained weak as producers were keeping output high and were adjusting to a lower price environment.

Asian shares sluggish as growth concerns trump Wall Street 10:28 am | Reuters Asian shares sluggish as growth concerns trump Wall StreetMSCI's broadest index of Asia-Pacific shares outside Japan was nearly flat in early trade.

Philippines' chief economist warns peace dividend at risk after deadly clash with MILF 7:41 pm | Darwin G. Amojelar, InterAksyon.com Philippines\The peace dividend amounts to an increase of 0.1-0.3 percentage points to annual GDP growth.

Mitsubishi Motors begins production at Ford's former Philippine plant 7:18 pm | Chelsea Cruz, InterAksyon.com Mitsubishi Motors begins production at Ford\The Japanese carmaker is keen on producing a third line in the Philippines pending the release of the government's industry roadmap.

Ecozone investments seen picking up this year 6:44 pm | Chelsea Cruz, InterAksyon.com Ecozone investments seen picking up this yearAfter growing 1.2 percent last year, investment pledges are expected to increase by 8-9 percent this year.

AirAsia brings back Manila-Davao flights, offers seat sale 6:23 pm | Darwin G. Amojelar, InterAksyon.com AirAsia brings back Manila-Davao flights, offers seat saleThe promo last until February 1, for travel between March 27 this year and March 26 next year.

Deadline of bids for first phase of Central Luzon Link Expressway pushed back 6:10 pm | Darwin G. Amojelar, InterAksyon.com Deadline of bids for first phase of Central Luzon Link Expressway pushed backFrom February 2, the deadline has been moved to February 9.

WEEKEND TRAFFIC ALERT | Manila Water to repair southbound lane of Edsa in Makati 5:46 pm | Euan Paulo C. Añonuevo, InterAksyon.com WEEKEND TRAFFIC ALERT | Manila Water to repair southbound lane of Edsa in MakatiThe repair work begins Saturday night and ends Sunday morning.

Power grid operator bags regulatory clearance for new transmission facility in Western Visayas 5:24 pm | Euan Paulo C. Añonuevo, InterAksyon.com Power grid operator bags regulatory clearance for new transmission facility in Western VisayasThe 270-MW coal plant is being put up by Palm Concepcion Power Corporation.

Businessmen welcome fourth-quarter economic rebound, press for 'inclusive' growth 1:47 pm | Darwin G. Amojelar, InterAksyon.com Businessmen welcome fourth-quarter economic rebound, press for \(UPDATED 3:13 p.m.) To sustain the economic momentum, they called on government to deliver on promised reforms.

Megaworld starts work on second condo tower in maiden Davao project 1:22 pm | Euan Paulo C. Añonuevo, InterAksyon.com Megaworld starts work on second condo tower in maiden Davao projectThe company is eyeing P2 billion in sales this year from the project.