TODAY'S BUSINESS HEADLINES

DNL buying out minority shareholders of Chemrez 01-Sep-14, 7:55 AM | Krista Angela M. Montealegre, InterAksyon.com

Gov't debt payments decline at close of 1H 01-Sep-14, 7:46 AM | Rain Castro, InterAksyon.com

Infrastructure tops concerns of American companies doing business in PH 01-Sep-14, 7:32 AM | Chelsea Cruz, InterAksyon.com

Container yard use at Manila's ports returns near capacity amid overstaying cargo 01-Sep-14, 7:27 AM | Darwin G. Amojelar, InterAksyon.com

Profit taking seen to take hold of PH stock market this week 01-Sep-14, 7:11 AM | Krista Angela M. Montealegre, InterAksyon.com

Aboitiz holding firm raises fresh funds from treasury sale 4:48 pm | Krista Angela M. Montealegre, InterAksyon.com Aboitiz Equity Ventures Inc has raised nearly P600 million from the sale of 10.76 million treasury shares at P55.25 apiece last Friday.

Local stocks break two-day slump Local stocks break two-day slump 4:24 pm | Krista Angela M. Montealegre, InterAksyon.com Philippine share prices advanced on Monday, breaking a two-day slump as the benchmark index re-tested the 7,100-level.

Higher fuel cost dampens AirAsia second half outlook Higher fuel cost dampens AirAsia second half outlook 4:09 pm | Darwin G. Amojelar, InterAksyon.com The Philippine unit of Southeast Asia's largest budget carrier sees a challenging outlook in the second half on costlier jet fuel.

Rice prices down for the second straight week Rice prices down for the second straight week 3:56 pm | Orti Despuez, InterAksyon.com The Philippine Statistics Authority said that both wholesale and retail prices of rice decreased anew as farmgate prices of palay posted a third week of…

Water rates in Clark freeport slashed Water rates in Clark freeport slashed 3:25 pm | Darwin G. Amojelar, InterAksyon.com Ayala-owned Clark Water Corp has implemented a P1 per cubic meter reduction in the Clark freeport's water rates following the extension of its concession agreement.

DOE calls for regional energy planning to secure power supply DOE calls for regional energy planning to secure power supply 3:21 pm | Euan Paulo C. Anonuevo, InterAksyon.com The Energy department has called for the creation of regional energy development plans in line with efforts to secure the country’s energy security and sustainability.

SM Prime to integrate reclamation projects in Pasay and Paranaque SM Prime to integrate reclamation projects in Pasay and Paranaque 1:43 pm | Krista Angela M. Montealegre, InterAksyon.com SM Prime looks to integrate two reclamation projects with a combined size of 600 hectares in the cities of Paranaque and Pasay.

DoubleDragon completes purchase of Globe Asiatique's foreclosed tower 11:43 am | Krista Angela M. Montealegre, InterAksyon.com DoubleDragon completes purchase of Globe Asiatique\DoubleDragon expects P5.2 billion in revenue from the Skysuites Tower

Asian shares edge past China blues, euro wallows 11:39 am | Reuters Asian shares edge past China blues, euro wallowsUkraine's political tensions and China's manufacturing data weigh on Asian bourses.

China's official PMI slips to 51.1 in August 11:34 am | Reuters China\The purchasing managers' index (PMI) is a measure of manufacturing activity.

GT Capital acquires Metrobank, PSBank stakes in Toyota leasing firm 11:26 am | Krista Angela M. Montealegre, InterAksyon.com GT Capital acquires Metrobank, PSBank stakes in Toyota leasing firmGT Capital will end up with 40 percent of Toyota Financial Services Philippines upon completion of the transaction.

World Bank approves $508M aid to boost PH rural incomes 9:03 am | Darwin G. Amojelar, InterAksyon.com World Bank approves $508M aid to boost PH rural incomesThe aid would include funding for infrastructure as well as livelihood projects for farmers and fisherfolk.

8990 Holdings' P1B asset securitization faces delay 8:48 am | Krista Angela M. Montealegre, InterAksyon.com 8990 Holdings\8990 Holdings' sale of receivables will be the first private sector-led asset securitization in the housing sector.

DOTC to bid out maintenance contract for MRT-3 8:41 am | Azer N. Parrocha, Philippines News Agency DOTC to bid out maintenance contract for MRT-3The Department of Transportation and Communications (DOTC) is set to bid out a P2.25-billion three-year contract for maintenance of the Metro Rail Transit (MRT) 3.

Logistics project dispute casts cloud over Clark hosting of APEC next year 8:39 am | Darwin G. Amojelar, InterAksyon.com Logistics project dispute casts cloud over Clark hosting of APEC next yearThe Global Gateway Logistics City project has been bogged down by litigation between its Kuwaiti proponent and its American contractor.

Ayala Land building 1,200 more hotel rooms in El Nido 8:28 am | Krista Angela M. Montealegre, InterAksyon.com Ayala Land building 1,200 more hotel rooms in El NidoAyala Land is spending P6 billion over five years to develop El Nido.

High cost of feedstock, lack of gov't support hindering nascent LNG sector 8:13 am | Euan Paulo C. Añonuevo, InterAksyon.com Meralco Powergen earlier said it may drop a plan to build an LNG plant and shift to coal in the absence of a road map.

DNL buying out minority shareholders of Chemrez 7:55 am | Krista Angela M. Montealegre, InterAksyon.com DNL buying out minority shareholders of ChemrezWith the buyout, DNL may take Chemrez private.

Gov't debt payments decline at close of 1H 7:46 am | Rain Castro, InterAksyon.com Gov\Responsible for the lower debt payments was the 57 percent year-on-year drop in amortization.

Infrastructure tops concerns of American companies doing business in PH 7:32 am | Chelsea Cruz, InterAksyon.com Infrastructure tops concerns of American companies doing business in PHAccording to the Asean Business Outlook Survey 2015, the Philippines registered improvement in 9 out of 16 factors seen crucial for doing business.

Container yard use at Manila's ports returns near capacity amid overstaying cargo 7:27 am | Darwin G. Amojelar, InterAksyon.com Container yard use at Manila\PPA has given importers to clear their overstaying cargo by September 8.

NTC draft rules require simulcast digital, analog TV broadcast for 1 year 7:20 am | Darwin G. Amojelar, InterAksyon.com NTC draft rules require simulcast digital, analog TV broadcast for 1 yearA public hearing on the draft rules will be held on September 12.

Profit taking seen to take hold of PH stock market this week 7:11 am | Krista Angela M. Montealegre, InterAksyon.com Profit taking seen to take hold of PH stock market this weekGeopolitical risks take center stage again as tensions between Russia and the Ukraine rise.