TODAY'S BUSINESS HEADLINES

Customs falls short of September collection target 23-Oct-14, 5:03 PM | Rain Castro, InterAksyon.com

Bangko Sentral takes pause from monetary tightening cycle, cuts inflation forecasts 23-Oct-14, 4:33 PM | Scarlet Venilia, InterAksyon.com

Ayala semiconductor unit's third-quarter earnings triple 23-Oct-14, 3:47 PM | Krista Angela M. Montealegre, InterAksyon.com

Universal Robina, Danone form beverage joint venture 23-Oct-14, 12:47 PM | Krista Angela M. Montealegre, InterAksyon.com

Jollibee warns return of logistics woes amid aggressive expansion 23-Oct-14, 9:23 AM | Krista Angela M. Montealegre, InterAksyon.com

Former PAL executive back at the helm of flag carrier 6:19 pm | Darwin G. Amojelar, InterAksyon.com Jaime Bautista's return seals the replacement of the San Miguel-led management.

Partnership launched to encourage SMEs to list at local stock market Partnership launched to encourage SMEs to list at local stock market 5:46 pm | Krista Angela M. Montealegre, InterAksyon.com The PCCI and the Capital Market Development Committee signed the memorandum of agreement during the 40th Philippine Business Conference.

Vehicle importers grow end-Sep sales by nearly a fifth Vehicle importers grow end-Sep sales by nearly a fifth 5:21 pm | Darwin G. Amojelar, InterAksyon.com In September alone, imported car sales increased by more than a third.

Customs falls short of September collection target Customs falls short of September collection target 5:03 pm | Rain Castro, InterAksyon.com Despite the underperformance, the bureau registered its biggest collection in a month.

PH stock index takes cue from Wall Street, ends three-day rise PH stock index takes cue from Wall Street, ends three-day rise 4:48 pm | Krista Angela M. Montealegre, InterAksyon.com Despite the pullback, analysts said the market has been registering higher lows, thus indicating an upward bias.

Bangko Sentral takes pause from monetary tightening cycle, cuts inflation forecasts Bangko Sentral takes pause from monetary tightening cycle, cuts inflation forecasts 4:33 pm | Scarlet Venilia, InterAksyon.com (UPDATE 2, 6:05 p.m.) The Monetary Board wants earlier policy moves to work their way through the economy first.

AirAsia Zest adding flights from Cebu AirAsia Zest adding flights from Cebu 4:17 pm | Darwin G. Amojelar, InterAksyon.com The carrier launched two routes -- one to Davao and another to Cagayan de Oro -- from Cebu.

PTT building LNG plant in the Philippines 4:08 pm | Euan Paulo C. Añonuevo, InterAksyon.com PTT building LNG plant in the PhilippinesThe Thai company is looking for partners to build the $2-billion facility.

Ayala semiconductor unit's third-quarter earnings triple 3:47 pm | Krista Angela M. Montealegre, InterAksyon.com Ayala semiconductor unit\The increase was brought about by strong results of its communication and automotive businesses.

Makati engineering firm faces P32.03-M tax evasion case 2:41 pm | Perfecto T. Raymundo, Philippines News Agency Makati engineering firm faces P32.03-M tax evasion caseThe Bureau of Internal Revenue (BIR) on Thursday filed before the Department of Justice (DOJ) a P32.03-million tax evasion case against a Makati City-based engineering and construction materials company

Foreign lenders courting Robinsons Bank for possible tieup 2:22 pm | Krista Angela M. Montealegre, InterAksyon.com Foreign lenders courting Robinsons Bank for possible tieupThe Gokongwei Group is looking to partner with a foreign bank that has expertise in consumer finance.

Philippine business chamber readies wish list for PNoy 2:03 pm | Darwin G. Amojelar, InterAksyon.com Philippine business chamber readies wish list for PNoyThe wish list includes policy recommendations in the areas of energy, infrastructure, education, transportation, agriculture, among others.

JG Summit setting aside same capex in 2015 1:21 pm | Krista Angela M. Montealegre, InterAksyon.com JG Summit setting aside same capex in 2015The Gokongwei Group set aside P44.2 billion for its capital spending this year.

Universal Robina, Danone form beverage joint venture 12:47 pm | Krista Angela M. Montealegre, InterAksyon.com Universal Robina, Danone form beverage joint ventureThis is the second tie-up the Gokongwei-owned food manufacturer has formed with a foreign company in months.

Tantoco-owned luxury retailer cuts IPO price by nearly a third 12:21 pm | Krista Angela M. Montealegre, Interaksyon Tantoco-owned luxury retailer cuts IPO price by nearly a thirdFrom the original ceiling of P12.50 a share, SSI Group has decided to price its IPO at P7.50.

Jollibee warns return of logistics woes amid aggressive expansion 9:23 am | Krista Angela M. Montealegre, InterAksyon.com Jollibee warns return of logistics woes amid aggressive expansionIts supply chain difficulties began November last year, or long before the store closures last August.

Asian shares hit by Wall St. fall, China PMI in focus 9:18 am | Reuters Asian shares hit by Wall St. fall, China PMI in focusMSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.27 percent.

Contracts for upkeep of 6 Philippine airports to be bundled into single PPP project 8:52 am | Chantal Reyes, InterAksyon.com Contracts for upkeep of 6 Philippine airports to be bundled into single PPP projectPassenger volume in each of the airports is small, thus bundling would make the project more attractive to investors.

25 Philippine construction firms off to Cambodia, Myanmar for trade mission 8:23 am | InterAksyon.com 25 Philippine construction firms off to Cambodia, Myanmar for trade missionCambodia and Myanmar are seen as growth areas in Asean for construction firms.

Global shares falter as Wall St tumbles; bond prices fall 8:15 am | Reuters Global shares falter as Wall St tumbles; bond prices fallDisappointing U.S. corporate results and concern the Federal Reserve would keep interest rates at record lows dampened markets.

Philippine economic growth in 2014 likely below government goal -- Metrobank Research 7:34 am | InterAksyon.com Philippine economic growth in 2014 likely below government goal -- Metrobank ResearchThe full-year turnout also would be lower than last year's 7.2 percent.

PH biz conference opens with calls for finding niche in regional, global supply chains 11:34 pm | InterAksyon.com PH biz conference opens with calls for finding niche in regional, global supply chainsOrganized by the Philippine Chamber of Commerce and Industry, the conference is on its 40th year and comes before the start of the Asean Economic Community.

OSG seeks lifting of TRO vs BIR-SEC rules on disclosure of investors' details 11:21 pm | Brian Maglungsod, InterAksyon.com OSG seeks lifting of TRO vs BIR-SEC rules on disclosure of investors\The government has asked the Supreme Court to lift the TRO it issued last month stopping BIR and SEC enforcement of regulations that would lead to disclosures of personal details of investors and their trading accounts.