TODAY'S BUSINESS HEADLINES

PAL, Cebu Pacific ask regulator to deny Emirates' bid to mount 'colorum' flights 21-Dec-14, 11:35 PM | Darwin G. Amojelar, InterAksyon.com

Robinsons Retail to expand existing formats next year 21-Dec-14, 11:19 PM | Krista Angela M. Montealegre, InterAksyon.com

Two SME stocks outperform the Philippine market this year 21-Dec-14, 10:59 PM | Krista Angela M. Montealegre, InterAksyon.com

Philippines plans air talks with 4 countries in first half of 2015 21-Dec-14, 10:47 PM | Darwin G. Amojelar, InterAksyon.com

Philippine stock market seen taking cue from overseas news on shortened trading week 21-Dec-14, 10:36 PM | Krista Angela M. Montealegre, InterAksyon.com

Universal Robina to supply Flying V with ethanol 12:11 am | Philippine News Agency Universal Robina's ethanol plant can produce 100,000 liters a day.

Regulator warns mobile users to turn data service off when travelling abroad Regulator warns mobile users to turn data service off when travelling abroad 11:55 pm | Darwin G. Amojelar, InterAksyon.com The precaution is aimed at preventing bill shock.

PAL, Cebu Pacific ask regulator to deny Emirates\ PAL, Cebu Pacific ask regulator to deny Emirates' bid to mount 'colorum' flights 11:35 pm | Darwin G. Amojelar, InterAksyon.com Emirates has asked CAB to extend permit to mount third Manila-Dubai daily flight.

Robinsons Retail to expand existing formats next year Robinsons Retail to expand existing formats next year 11:19 pm | Krista Angela M. Montealegre, InterAksyon.com Foray into fastfood, furniture or sporting goods not a priority.

Two SME stocks outperform the Philippine market this year Two SME stocks outperform the Philippine market this year 10:59 pm | Krista Angela M. Montealegre, InterAksyon.com DoubleDragon is up 265 percent since it listed in April, while Xurpas has more than doubled since early this month's IPO.

Philippines plans air talks with 4 countries in first half of 2015 Philippines plans air talks with 4 countries in first half of 2015 10:47 pm | Darwin G. Amojelar, InterAksyon.com The countries lined up are Oman, Singapore, Taiwan and Australia.

Philippine stock market seen taking cue from overseas news on shortened trading week Philippine stock market seen taking cue from overseas news on shortened trading week 10:36 pm | Krista Angela M. Montealegre, InterAksyon.com The PSEi shed 1.36 percent last week at 7,125.63.

China pledges $11.5 billion to Mekong region countries - Xinhua 9:28 am | Agence France-Presse China pledges $11.5 billion to Mekong region countries - XinhuaChina will provide more than $11.5 billion in loans and aid to neighboring Cambodia, Laos, Myanmar, Thailand, and Vietnam, mostly for infrastructure and industrial capacity building, state media said Saturday.

OPINION | Why oil could drop as low as $20 per barrel 6:26 am | Anatole Kaletsky, Reuters OPINION | Why oil could drop as low as $20 per barrelHow low can it go -- and how long will it last? The 50 percent slump in oil prices raises both those questions and while nobody can confidently answer the first question (I will try to in a moment), the second is pretty easy.

Sale of Napocor's real estate assets slated for 2015 11:44 pm | Euan Paulo C. Añonuevo, InterAksyon.com Sale of Napocor\Napocor has 100 million square meters of land that could be sold.

Megawide-led consortium bags bank financing for Mactan airport upgrade 11:02 pm | Krista Angela M. Montealegre, InterAksyon.com Megawide-led consortium bags bank financing for Mactan airport upgradeThe group signed a P23-billion omnibus loan deal with six local banks.

Government to hike LRT, MRT fares beginning January 4 10:21 pm | Darwin G. Amojelar, InterAksyon.com Government to hike LRT, MRT fares beginning January 4Fares for LRT1 were last increased in 2003, while those for LRT2 and MRT3 have yet to go up since they started operations.

Fresh cut in fuel prices set 6:40 pm | Euan Paulo C. Añonuevo, InterAksyon.com Fresh cut in fuel prices setThis is the third straight week that prices were reduced by a hefty amount.

U.S. labor agency files complaints against McDonald's 12:31 pm | Reuters U.S. labor agency files complaints against McDonald\Complaints were filed in 78 cases claiming that McDonald's workers across the country were fired or intimidated for participating in union organizing and in a national protest movement calling for higher wages.

Oil, stocks go their separate ways 12:24 pm | Reuters Oil, stocks go their separate waysThe correlation has been breaking down and last stood at 0.42, with Brent stumbling 3.1 percent, while the S&P 500 surged 2.4 percent, on Thursday.

Meralco expects oil price dividend 11:16 pm | Euan Paulo C. Añonuevo, InterAksyon.com Meralco expects oil price dividendMeralco sources 40 percent of its electricity supply from power plants running on Malampaya gas, which is indexed to global oil prices.

Philippines' foreign debt more manageable at end-September 8:51 pm | InterAksyon.com Philippines\All external debt metrics have improved both year-on-year and quarter-on-quarter.

Light commercial vehicles lead growth in Hyundai's Philippine sales in November 7:03 pm | Chelesea Cruz, InterAksyon.com Light commercial vehicles lead growth in Hyundai\For the 11-month period, sales went up 9 percent year-on-year.

PEZA poised to end year with investment pledges well below commitments in 2012 6:52 pm | Chelsea Cruz, InterAksyon.com PEZA poised to end year with investment pledges well below commitments in 2012PEZA is aiming for P299.3 billion in pledges this year, way lower than the P311.9 billion in 2012.

New section of Tarlac-Pangasinan-La Union Expressway opens during holiday rush 6:37 pm | Darwin G. Amojelar, InterAksyon.com New section of Tarlac-Pangasinan-La Union Expressway opens during holiday rushA San Miguel subsidiary, Private Infra Development Corp, operates the TPLEX.

PSBank assures public of ATM readiness during the holiday 6:22 pm | Joann Santiago, Philippines News Agency PSBank assures public of ATM readiness during the holidayPhilippine Savings Bank (PSBank) on Friday assured its clients and the public that all its automated teller machines (ATMs) will be operational especially during the holidays until January 1, 2015.

Jollibee bags deal to operate Dunkin' Donuts stores in China 6:12 pm | Krista Angela M. Montealegre, InterAksyon.com Jollibee bags deal to operate Dunkin\The deal involves forming a joint venture with Asian investment firm Jasmine Asset.

Philippines' dollar hemorrhage resumes in November 5:35 pm | InterAksyon.com Philippines\The November balance of payments deficit wiped out the surpluses gained in the previous four months.