TODAY'S BUSINESS HEADLINES

Ceasars Palace operator interested in putting up Philippine casino 22-Oct-14, 5:44 PM | Rain Castro, InterAksyon.com

PH stock index climbs back above 7,100-mark 22-Oct-14, 4:28 PM | Krista Angela M. Montealegre, InterAksyon.com

Ayala-Aboitiz tandem, San Miguel press PNoy to resolve Cavite-Laguna Expressway impasse 22-Oct-14, 3:27 PM | Darwin G. Amojelar, InterAksyon.com

PH biz conference opens with calls for finding niche in regional, global supply chains 11:34 pm | InterAksyon.com Organized 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\ OSG seeks lifting of TRO vs BIR-SEC rules on disclosure of investors' details 11:21 pm | Brian Maglungsod, InterAksyon.com 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…

Investment community talks up Philippines\ Investment community talks up Philippines' economic prospects 6:53 pm | Krista Angela M. Montealegre, InterAksyon.com Infrastructure will be key to sustaining the country's stellar economic growth.

PNoy clears closure of 7 non-performing GOCCs PNoy clears closure of 7 non-performing GOCCs 6:16 pm | Rain Castro, InterAksyon.com Only two of the seven, both units of PNOC, are still operating.

Ceasars Palace operator interested in putting up Philippine casino Ceasars Palace operator interested in putting up Philippine casino 5:44 pm | Rain Castro, InterAksyon.com Ceasars Entertainment wrote to Pagcor to express its interest in the Philippines.

Globe says emphasis on smartphones paying off Globe says emphasis on smartphones paying off 5:28 pm | Darwin G. Amojelar, InterAksyon.com The Ayala-led telco's revenue grew 7 percent in the first half of this year.

PH stock index climbs back above 7,100-mark PH stock index climbs back above 7,100-mark 4:28 pm | Krista Angela M. Montealegre, InterAksyon.com Positive news from overseas fueled today's buying at the local stock market.

As return of ports gridlock looms, government moves to untangle Connector Road legal knot 4:16 pm | Darwin G. Amojelar, InterAksyon.com As return of ports gridlock looms, government moves to untangle Connector Road legal knotThe President has ordered the Cabinet Cluster on Port Congestion to rekindle talks with MPIC to expedite the Connector Road.

Ayala-Aboitiz tandem, San Miguel press PNoy to resolve Cavite-Laguna Expressway impasse 3:27 pm | Darwin G. Amojelar, InterAksyon.com Ayala-Aboitiz tandem, San Miguel press PNoy to resolve Cavite-Laguna Expressway impasse(UPDATED 5:04 p.m.) The contending parties asked the President to award the project to the highest bidder.

Philippine economic officials holding another roadshow in U.S. 2:47 pm | Darwin G. Amojelar, InterAksyon.com Philippine economic officials holding another roadshow in U.S.The non-deal roadshow will cover Los Angeles, Boston, New York and Philadelphia.

SM Prime ready to shift malls to gensets when power supply tightens next summer 2:32 pm | Darwin G. Amojelar, InterAksyon.com SM Prime ready to shift malls to gensets when power supply tightens next summerSM Prime has 48 malls in the Philippines.

Bangko Sentral casts cautious glance at consumer loans 12:15 pm | Krista Angela M. Montealegre, InterAksyon.com Bangko Sentral casts cautious glance at consumer loansDespite the rapid increase, consumer loans still comprise a small portion of banks' overall portfolio.

FACTBOX | Is businessman Antonio Tiu merely a 'dummy' for the VP? 11:44 am | Krista Angela M. Montealegre, InterAksyon.com FACTBOX | Is businessman Antonio Tiu merely a \As the Senate begins grilling the alleged "dummy" owner of the Vice President's landholdings, the question arises as to whether Antonio Tiu is no businessman in his own right.

EU fines JPMorgan, UBS, Credit Suisse for taking part in cartels 11:22 am | Reuters EU fines JPMorgan, UBS, Credit Suisse for taking part in cartelsThe penalties were imposed for various offenses, including rate-rigging and breaking trade sanctions.

Lucio Tan to acquire minority shares in PAL at a discount 11:01 am | Darwin G. Amojelar, InterAksyon.com Lucio Tan to acquire minority shares in PAL at a discountThe tender offer was priced at P1.19 a share, for a 78-percent discount to yesterday's closing price of P5.31 apiece.

Asian shares bask in glow of U.S. tech earnings 10:27 am | Reuters Asian shares bask in glow of U.S. tech earningsLeading the charge on Wall Street last night were Apple and Texas Instruments following stronger-than-expected earnings.

Bangko Sentral requires 'too-big-to-fail' banks to put in more capital 5:57 pm | InterAksyon.com Bangko Sentral requires \Their common equity tier 1 ratios would be increased by 1.5-3.5 percentage points.

Philippine exporters a step closer to greater access to EU market 5:48 pm | Darwin G. Amojelar, InterAksyon.com Philippine exporters a step closer to greater access to EU marketThe Council of the European Union last week posed no objection to the Philippines' inclusion in the GSP Plus.

US urges air bag repairs as Toyota expands recall 5:30 pm | Agence France-Presse US urges air bag repairs as Toyota expands recallUS authorities on Monday urged owners of vehicles with potentially deadly defective Takata air bags to seek repairs as Toyota recalled about 247,000 vehicles over the parts flaw.

Three-year Treasury rate falls amid easing inflation 5:20 pm | Rain Castro, InterAksyon.com Three-year Treasury rate falls amid easing inflationThe Bureau of Treasury raised P25 billion as programmed, even though banks were willing to lend double that amount.

Investor caution tempers PH stock market rebound 4:56 pm | Krista Angela M. Montealegre, InterAksyon.com Investor caution tempers PH stock market reboundWeighing on sentiment were weak economic data from China and concern over the direction of monetary policy when the BSP meets on Thursday.

Early turnover of LRT2 maintenance contract pushed to minimize political risks 4:48 pm | Darwin G. Amojelar, InterAksyon.com Early turnover of LRT2 maintenance contract pushed to minimize political risksThe political risk stems from a change in administration since under the original timetable, the contract would be awarded only in the second quarter of 2016, an election year.

Energy department's worst-case scenario for summer: 3-4 hours long brownouts 4:31 pm | Euan Paulo C. Añonuevo, InterAksyon.com Energy department\The DOE's forecast is based on a worst-case scenario of power plant outages because of technical problems.