TODAY'S BUSINESS HEADLINES

Philippines slaps anti-dumping duty on Turkish flour 23-Apr-14, 5:27 PM | Orti Despuez, InterAksyon.com

PH stock market ends 4-day run on profit-taking 23-Apr-14, 4:18 PM | Krista Angela M. Montealegre, InterAksyon.com

DOTC relaxes dispute provision of LRT 1 Cavite Extension Project terms 23-Apr-14, 3:44 PM | Darwin G. Amojelar, InterAksyon.com

5 years after ERC issues rules, few utilities lining up to offer prepaid electricity 7:15 pm | Euan Paulo C. Añonuevo, InterAksyon.com Budget conscious Filipinos looking to add electricity to their tingi shopping list may have to wait a while longer before they can resort to prepaid power.

Toyota Philippines\ Toyota Philippines' exports slump in 1Q 6:44 pm | Chelsea Cruz, InterAksyon.com Exports of Toyota Motor's Philippine unit slumped in the first quarter because of tepid demand.

ATI sets sights on Southeast Asia, allots P6.6B three-year capex ATI sets sights on Southeast Asia, allots P6.6B three-year capex 6:26 pm | Darwin G. Amojelar, InterAksyon.com Asian Terminal Inc (ATI) on Thursday said it is eyeing ports in Southeast Asia as well as accelerating capital spending through 2016 for its domestic…

First Pacific acquires minority interest in Victorias Milling First Pacific acquires minority interest in Victorias Milling 6:14 pm | Krista Angela M. Montealegre, InterAksyon.com The group of businessman Manuel V. Pangilinan has acquired a minority stake in Victorias Milling Corp (VMC).

Big banks\ Big banks' bad loans climb at the start of the year 5:27 pm | Maricel E. Burgonio, InterAksyon.com The amount of non-performing loans (NPL) of the country's biggest banks climbed at the start of the year amid a surge in lending across all…

BIR sues traders, detective agency for tax evasion 5:23 pm | Likha Cuevas-Miel, InterAksyon.com BIR sues traders, detective agency for tax evasionThe Bureau of Internal Revenue (BIR) on Thursday filed three separate tax evasion charges against Metro Manila-based business owners as part of its ongoing Run After Tax Evaders (RATE) program.

Profit taking at PH stock market enters second day 4:21 pm | Krista Angela M. Montealegre, InterAksyon.com Profit taking at PH stock market enters second dayPhilippine share prices on Thursday tumbled for the second straight session as investors continued to pocket gains from the market’s recent run up.

PLDT spends P2B to deploy high-speed wireless broadband 4:02 pm | Darwin G. Amojelar, InterAksyon.com PLDT spends P2B to deploy high-speed wireless broadbandPhilippine Long Distance Telephone Co (PLDT) has spent P2 billion to deploy high-speed wireless broadband technology from northern Luzon to Mindanao.

LTFRB denies Victory Liner request to lift suspension order 3:41 pm | Darwin G. Amojealr, InterAksyon.com LTFRB denies Victory Liner request to lift suspension orderThe Land Transportation Franchising and Regulatory Board (LTFRB) has turned down Victory Liner's request for the agency to revoke a 30-day suspension slapped on the bus operator's 42 units.

Cebu Pacific load factor flat in March 3:12 pm | Darwin G. Amojelar, InterAksyon.com Cebu Pacific load factor flat in MarchDespite an uptick in passenger traffic, Cebu Pacific's load factor was flat at the close of the first quarter.

COL Financial to distribute ATR KimEng's investment products 12:48 pm | Krista Angela M. Montealegre, InterAksyon.com COL Financial to distribute ATR KimEng\Clients of COL Financial Group Inc can now invest in any of the investment products offered by ATR KimEng Asset Management Inc.

Vista Land unit to raise $225 million debt 12:30 pm | Krista Angela M. Montealegre, InterAksyon.com Vista Land unit to raise $225 million debtThe offshore unit of Vista Land & Lifescapes Inc is raising $225 million from the sale of new debt papers following the Villar-led property firm's redemption of its maturing dollar-denominated obligation.

Banks expand branch network in 4Q 11:59 am | Maricel E. Burgonio, InterAksyon.com Banks expand branch network in 4QThe Bangko Sentral ng Pilipinas (BSP) said more banks are expanding in Metro Manila and in other areas outside the country's capital.

FLORES DE MAYO | Flower shops take the spotlight in BIR's latest tax campaign ad 8:56 am | Likha Cuevas-Miel, InterAksyon.com FLORES DE MAYO | Flower shops take the spotlight in BIR\MANILA - The Bureau of Internal Revenue (BIR) now has put popular flower shops in the hot seat in its latest campaign to sniff out the possible tax cheats.

France lends $150M for Philippine local gov't reform 2:08 am | Rain Castro, InterAksyon.com France lends $150M for Philippine local gov\France is lending the Philippines some $150 million to boost local government reform efforts.

DTI expects trade missions from Taiwan 1:09 am | Chelsea Cruz, InterAksyon.com DTI expects trade missions from TaiwanExpect more Taiwanese trade missions as the Philippine government continues to promote the country as a gateway to Southeast Asia.

ANALYSIS | Amid need for add'l capacity, PH power sector seen fraught with risks, red tape 11:29 pm | Euan Paulo C. Añonuevo, InterAksyon.com ANALYSIS | Amid need for add\As the main Philippine island of Luzon narrowly escapes a shortage, investors wanting to capitalize on the growing demand for electricity are rediscovering that regulatory risks and red tape have yet to be banished from the power generation sector.

Clark Airport sets up quarantine to avoid spread of MERSCOV 5:59 pm | Darwin G. Amojelar, InterAksyon.com Clark Airport sets up quarantine to avoid spread of MERSCOVThe state-owned firm operating the Clark International Airport has established a quarantine area to avoid the spread of the dreaded Middle East Respiratory Syndrome Corona Virus (MERSCOV).