TODAY'S BUSINESS HEADLINES

Bloomberry turns around in 1H, after Solaire books higher gaming revenue 01-Aug-14, 7:33 PM | Krista Angela M. Montealegre, InterAksyon.com

PH stock market bucks global selloff, but BSP rate hike tempers gain 01-Aug-14, 12:59 PM | Krista Angela M. Montealegre, InterAksyon.com

SC slaps TRO on transfer of LRT-MRT common station to Trinoma 01-Aug-14, 12:44 PM | Darwin G. Amojelar and Brian Maglungsod, InterAksyon.com

DOTC defers award of LRT1 Cavite Extension Project 01-Aug-14, 11:19 AM | Darwin G. Amojelar, InterAksyon.com

BPI first-half profit down by a third on lack of trading gains 01-Aug-14, 11:07 AM | Krista Angela M. Montealegre, InterAksyon.com

Bloomberry turns around in 1H, after Solaire books higher gaming revenue 7:33 pm | Krista Angela M. Montealegre, InterAksyon.com Solaire Resort and Casino operator turns around in the first half of the year.

Globe, PLDT end long-distance charges in Sorsogon Globe, PLDT end long-distance charges in Sorsogon 7:25 pm | Darwin G. Amojelar, InterAksyon.com Globe and PLDT have interconnected their landline networks in Sorsogon.

Psalm seeks new power rate increase to settle Napocor\ Psalm seeks new power rate increase to settle Napocor's debts to third-party suppliers 7:19 pm | Euan Paulo C. Añonuevo, InterAksyon.com Psalm seeks power rate increase to allow Napocor to settle stranded contract costs.

BIR asks Finance to resolve possible duplication of tax stamp on tobacco exports BIR asks Finance to resolve possible duplication of tax stamp on tobacco exports 6:58 pm | Rain Castro, InterAksyon.com The BIR has asked the Department of Finance to address a number of issues hounding the proposed cigarette tax stamp scheme.

Implementing rules of Lemon Law to take 3 months to complete, says DTI Implementing rules of Lemon Law to take 3 months to complete, says DTI 5:51 pm | Chelsea Cruz, InterAksyon.com DTI will need 3 months to complete the implementing rules of the newly-passed Lemon Law.

Gov\ Gov't to tear down Philippine Village Hotel ahead of NAIA2 expansion 5:48 pm | Darwin G. Amojelar, InterAksyon.com The government will tear down the Philippine Village Hotel to give way to the expansion of NAIA2.

COL Financial to market Philam mutual funds COL Financial to market Philam mutual funds 5:29 pm | Krista Angela M. Montealegre, InterAksyon.com COL Financial Group Inc will soon market among its clients the mutual funds of Philam Asset Management Inc (PAMI).

Investments registered with PEZA up nearly a third at end-July 4:23 pm | Chelsea Cruz, InterAksyon.com Investments registered with PEZA up nearly a third at end-JulyPEZA registered nearly a third more in investment pledges in the first 7 months of the year.

Oriental Peninsula resumes operations at one of its Palawan mines 4:13 pm | Orti Despuez, InterAksyon.com Oriental Peninsula resumes operations at one of its Palawan minesThe government has allowed Oriental Peninsula to resume operations at one of its mines in Palawan.

SEC clears Pancake House capital increase, setting stage for Max's takeover 4:07 pm | Krista Angela M. Montealegre, InterAksyon.com SEC clears Pancake House capital increase, setting stage for Max\The SEC has cleared the capital hike of Pancake House, allowing the Max's Group to transfer its food service businesses to the listed firm.

ADVISORY | BDO to shut down mobile banking, ATMs for maintenance on Sunday 1:24 pm | Krista Angela M. Montealegre, InterAksyon.com ADVISORY | BDO to shut down mobile banking, ATMs for maintenance on SundayBDO Unibank Inc issued an advisory encouraging its clients to do their transactions ahead of a scheduled maintenance and upgrading activity this Sunday.

PH stock market bucks global selloff, but BSP rate hike tempers gain 12:59 pm | Krista Angela M. Montealegre, InterAksyon.com PH stock market bucks global selloff, but BSP rate hike tempers gainThe Philippine stock market bucks global selloff as investors picked up bargains.

SC slaps TRO on transfer of LRT-MRT common station to Trinoma 12:44 pm | Darwin G. Amojelar and Brian Maglungsod, InterAksyon.com SC slaps TRO on transfer of LRT-MRT common station to Trinoma(UPDATED 8:04 p.m.) The Supreme Court has barred DOTC from transferring the location of the proposed of LRT-MRT common station to the Trinoma Mall.

DOTC defers award of LRT1 Cavite Extension Project 11:19 am | Darwin G. Amojelar, InterAksyon.com DOTC defers award of LRT1 Cavite Extension ProjectThe DOTC has moved to next week the awarding of the LRT Line 1 Cavite Extension Project to the Ayala-Metro Pacific joint venture.

BPI first-half profit down by a third on lack of trading gains 11:07 am | Krista Angela M. Montealegre, InterAksyon.com BPI first-half profit down by a third on lack of trading gainsProfit of BPI fell by nearly a third in the first half of the year as it failed to replicate last year's trading gains.

Oil firms slash cooking gas prices 10:37 am | InterAksyon.com Oil firms slash cooking gas pricesOil firms slashed liquefied petroleum gas prices Friday on account of lower international contract prices for the month.

S&P500 index posts worst fall since April 9:03 am | Reuters S&P500 index posts worst fall since AprilS&P 500 in worst fall since April on fresh data showing labor costs hit 5-1/2 high.

FAT-FREE ECONOMICS | 7 market-friendly reforms PNoy left out in his 5th SONA 10:25 pm | Nonoy Oplas FAT-FREE ECONOMICS | 7 market-friendly reforms PNoy left out in his 5th SONAWhile PNoy boasted of 5 market-friendly reforms in his fifth State-of-the-Nation Address, more should be forthcoming, according to the author.

Psalm awards Naga power complex to SPC Power 10:08 pm | Euan Paulo C. Añonuevo, InterAksyon.com Psalm awards Naga power complex to SPC PowerPsalm has awarded the Naga power complex to SPC Power Corp.

PSE approves listing of TransAsia subsidiary 6:10 pm | Krista Angela M. Montealegre, InterAksyon.com PSE approves listing of TransAsia subsidiaryThe PSE has approved the market entry of a unit of TA Oil.

Philip Morris Fortune Tobacco asks gov't to adopt tax stamp scheme 5:45 pm | Rain Castro, InterAksyon.com Philip Morris Fortune Tobacco asks gov\Philip Morris Fortune Tobacco Corp pushed for the enforcement of new tax stamps to ease out illicit cigarettes, thus increasing government revenue.

Phinma aligns with K-12, forms new unit to offer senior high school 5:31 pm | Krista Angela M. Montealegre, InterAksyon.com Phinma aligns with K-12, forms new unit to offer senior high schoolPhinma is establishing a new unit that will offer senior high school programs.

Digitel, Next Mobile buck Globe takeover of Bayantel 5:15 pm | Darwin G. Amojelar, InterAksyon.com Digitel, Next Mobile buck Globe takeover of BayantelDigitel and Next Mobile are opposing Globe's takeover of Bayantel.