TODAY'S BUSINESS HEADLINES

Bangko Sentral tightens disclosure rules on banks' UITF offerings 24-Oct-14, 7:37 PM | Scarlet Venilia, InterAksyon.com

Del Monte Pacific sets fresh fund-raising to retire debt 24-Oct-14, 5:41 PM | Krista Angela M. Montealegre, InterAksyon.com

PH stock index barely holds above 7,100-mark 24-Oct-14, 4:20 PM | Krista Angela M. Montealegre, InterAksyon.com

Operation of Agus-Pulangi hydropower plants may be turned over to private sector 24-Oct-14, 4:06 PM | Euan Paulo C. Añonuevo, InterAksyon.com

Drop in oil, electronics purchases pull down August imports 24-Oct-14, 1:40 PM | Darwin G. Amojelar, InterAksyon.com

Global shares post best week since mid-2013 after earnings boost 6:53 pm | Reuters MSCI's all-country world equity index rose 3.1 percent for the week, its biggest percentage gain since July last year.

Bangko Sentral tightens disclosure rules on banks\ Bangko Sentral tightens disclosure rules on banks' UITF offerings 7:37 pm | Scarlet Venilia, InterAksyon.com A UITF refers to a pool of funds invested in financial assets that are normally available only to institutional investors and high net-worth individuals.

Del Monte Pacific sets fresh fund-raising to retire debt Del Monte Pacific sets fresh fund-raising to retire debt 5:41 pm | Krista Angela M. Montealegre, InterAksyon.com The $360-million preferred share sale comes on the heels of the recently concluded sale of P93.50-million worth of common shares.

PH stock index barely holds above 7,100-mark PH stock index barely holds above 7,100-mark 4:20 pm | Krista Angela M. Montealegre, InterAksyon.com The PSEi is 1.43 percent up for the week.

Operation of Agus-Pulangi hydropower plants may be turned over to private sector Operation of Agus-Pulangi hydropower plants may be turned over to private sector 4:06 pm | Euan Paulo C. Añonuevo, InterAksyon.com Various quarters in Mindanao are opposed to this, fearing they stand to lose the benefit of lower power rates brought about by the facility.

PNoy calls for more \ PNoy calls for more 'merchant' plant investors to secure the Philippines' power needs 3:39 pm | Euan Paulo C. Añonuevo, InterAksyon.com According to the President, only three companies in the country are putting up plants without the security of long-term supply contracts.

Manila Water to provide service to Filinvest Land subdivision Manila Water to provide service to Filinvest Land subdivision 2:09 pm | Euan Paulo C. Añonuevo, InterAksyon.com The P51-million project aims to connect residents of Filinvest East Homes to the Manila Water network.

Drop in oil, electronics purchases pull down August imports 1:40 pm | Darwin G. Amojelar, InterAksyon.com Drop in oil, electronics purchases pull down August imports(UPDATED 2:20 p.m.) The government earlier raised its imports forecast to a growth of 9 percent from the initial estimate of 6 percent.

Three major nations absent as China launches World Bank rival in Asia 12:23 pm | Reuters Three major nations absent as China launches World Bank rival in AsiaAbsent from the launch were Australia, Indonesia and South Korea.

Public hearing scheduled for reduction of public jeepney fares 12:10 pm | Darwin G. Amojelar, InterAksyon.com Public hearing scheduled for reduction of public jeepney faresThe petition pertains to fares in Metro Manila and in Regions 3 and 4.

Lucio Co holding firm acquires Laguna property for second community mall 11:12 am | Krista Angela M. Montealegre, InterAksyon.com Lucio Co holding firm acquires Laguna property for second community mallThe second location is at the town of Biñan.

COCKTALES | Tantocos take P1.2B off the table as GSIS joins Rustan's investors 11:03 am | Victor C. Agustin COCKTALES | Tantocos take P1.2B off the table as GSIS joins Rustan\The extended Tantoco clan will be taking about P1.26 billion off the table out of the P5.2-billion gross proceeds from the ongoing initial public offering for their Rustan's retail chain Stores Specialists Inc.

EU envoy calls for passage of Customs Modernization and Tariff Act 8:41 am | Lira Dalangin-Fernandez, InterAksyon.com EU envoy calls for passage of Customs Modernization and Tariff ActThe government should carefully study plans of expanding the pre-shipment inspection (PSI) of products as it could go against the ease of flow of trade in the country, European Union Ambassador to Manila Guy Ledoux said.

Global stocks jump on U.S. corporate results, bonds fall 7:44 am | Reuters Global stocks jump on U.S. corporate results, bonds fallU.S. corporate earnings continued to beat expectations.

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

Partnership launched to encourage SMEs to list at local stock market 5:46 pm | Krista Angela M. Montealegre, InterAksyon.com Partnership launched to encourage SMEs to list at local stock marketThe 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 5:21 pm | Darwin G. Amojelar, InterAksyon.com Vehicle importers grow end-Sep sales by nearly a fifthIn September alone, imported car sales increased by more than a third.

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

PH stock index takes cue from Wall Street, ends three-day rise 4:48 pm | Krista Angela M. Montealegre, InterAksyon.com PH stock index takes cue from Wall Street, ends three-day riseDespite 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 4:33 pm | Scarlet Venilia, InterAksyon.com Bangko Sentral takes pause from monetary tightening cycle, cuts inflation forecasts(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 4:17 pm | Darwin G. Amojelar, InterAksyon.com AirAsia Zest adding flights from CebuThe 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.