TODAY'S BUSINESS HEADLINES

COCKTALES | Christie's NY to auction Virata's collection of Chinese furniture Mon, Mar 13, 2017, 4:54 PM | Vic Agustin, InterAksyon.com

Senate approves new 25-year franchises for Smart Communications, GMA-7 Mon, Mar 13, 2017, 6:02 PM | Ernie Reyes, InterAksyon.com

Century Pacific sets debut on FTSE Index Mon, Mar 13, 2017, 2:38 PM | InterAksyon.com

PH could lose billions of dollars in trade deals over death penalty, EJKs - EU Sat, Mar 11, 2017, 7:32 AM | Philippine News Agency

Why can't you accept PH bananas? Dominguez calls out Australia for closing doors for 20 years 12:33 am | InterAksyon.com Finance Secretary Carlos Dominguez III has called on Australia to open its market to Philippine bananas, which have remained barred in that country for over 20 years now despite sustained efforts by local banana growers to comply with its overly stringent export requirements.

Maynilad, NWRB honor 14 water champions on World Water Day Maynilad, NWRB honor 14 water champions on World Water Day 6:11 pm | InterAksyon.com Maynilad Water Services, Inc. and the National Water Resources Board (NWRB) honored 14 water champions who have made a difference in the area of water…

FOCUS | Are robots set to take your jobs? Tech world debate heats up FOCUS | Are robots set to take your jobs? Tech world debate heats up 12:43 pm | Rob Lever, Agence France-Presse Are robots coming for your job? Although technology has long affected the labor force, recent advances in artificial intelligence and robotics are heightening concerns about…

China win for Apple as court overturns iPhone ruling China win for Apple as court overturns iPhone ruling 7:11 am | Agence France-Presse A Beijing court has overturned a ruling that Apple's iPhone 6 violated a Chinese manufacturer's patent which saw the US tech giant ordered to cease…

Earth Hour 2017: All set for the great switch-off Earth Hour 2017: All set for the great switch-off 11:20 pm | InterAksyon.com Local governments and private business are leading the Philippines' own observance on Saturday (March 25), of Earth Hour 2017, an annual ceremonial switching off of…

MSME DEV\ MSME DEV'T | DTI, Robinsons Department Store launch first Go Lokal! store 5:14 pm | InterAksyon Go Lokal! the public-private collaboration between DTI and local retailer partners is launched first at Robinsons Place Manila.

Youngest winner of Citi Microentrepreneurship Awards leaves a big mark with her micro business Youngest winner of Citi Microentrepreneurship Awards leaves a big mark with her micro business 12:32 pm | InterAksyon.com Named Microentrepreneur of the Year in the 2016 Citi Microentrepreneurship Awards (CMA), 27-year-old Honie Krizia Navor of Iloilo City has shown that gender and youth…

ALERT ON OLD BANK NOTES | BSP moves deadline for changing bills to June 30 12:13 pm | Beverly Natividad, Bloomberg TV Philippines ALERT ON OLD BANK NOTES | BSP moves deadline for changing bills to June 30Those still holding old banknotes have been given another reprieve to exchange these for new bills. An end-march deadline to replace new design series notes with the New Generation currency bills has been extended to June 30, 2017.

COCKTALES | Makati, Fort ‘overmalled’? Rental, occupancy rates went down in 2016, says Ayala Land 9:17 am | Victor C. Agustin COCKTALES | Makati, Fort ‘overmalled’? Rental, occupancy rates went down in 2016, says Ayala LandThe street sense-wisdom that Makati and the Fort are 'overmalled' has finally been validated. Premiere mall operator Ayala Land has acknowledged that not only had rents softened, the number of empty stalls in its shopping centers had even gone higher.

Nestle Phil tops YouTube ads in PH 11:59 pm | Kris M. Crismundo, PNA Nestle Phil tops YouTube ads in PHGoogle announced Thursday evening the 10 most popular YouTube advertisements in the Philippines for the period of July to December 2016. Nestlé Philippines Milo commercial featuring actor James Reid is the top YouTube ad in the country with 12.1 million views.

US suspects N Korea in $81 mn Bangladesh theft: report 6:06 pm | Agence France-Presse US suspects N Korea in $81 mn Bangladesh theft: reportUS federal prosecutors suspect the North Korean government directed last year's theft of $81 million from Bangladesh's account at the New York Federal Reserve Bank.

China-backed AIIB approves 13 new members 5:55 pm | Agence France-Presse China-backed AIIB approves 13 new membersThe China-backed Asian Infrastructure Investment Bank (AIIB) said Thursday it has approved 13 new prospective members including Canada, in a coup for Beijing after Washington failed to dissuade US allies from signing up.

Infra investment to boost GDP growth above 6.5% in Q1- FMIC, UA&P 6:56 pm | Leslie D. Venzon, PNA Infra investment to boost GDP growth above 6.5% in Q1- FMIC, UA&PThe Philippine economy is expected to expand over 6.5 percent in the current first quarter on the back of robust infrastructure spending, said First Metro Investment Corporation (FMIC) and the University of Asia and the Pacific (UA&P).

Tone down EJK reports, tourism chief pleads, 'because, you know, it's hard to market PH' 5:26 pm | Agence France-Presse Tone down EJK reports, tourism chief pleads, \Tourism Secretary Wanda Corazon Teo urges the media to "tone down" coverage of President Rodrigo Duterte's deadly drug war, complaining that reports on extrajudicial killings were scaring away foreigners.

BIR files P9.6-billion tax evasion case vs Mighty Corp execs 12:45 pm | JV Arcena, News5 BIR files P9.6-billion tax evasion case vs Mighty Corp execsThe Bureau of Internal Revenue filed a criminal complaint at the Department of Justice Wednesday against executives of tobacco firm Mighty Corporation over the use of fake tax stamps on cigarette packs.

Investors still coming in droves despite political noise, Trump's America First policy 5:12 pm | Gerard dela Peña, News5 | Bloomberg TV Philippines Investors still coming in droves despite political noise, Trump\Foreign investors particularly business outsourcing firms are still coming in droves despite the local political noise and pronouncements by US President Donald Trump of a policy that would discourage American firms from going offshore.

Global NGO to build $47-M solid waste management facility in Angeles 3:19 pm | Jess Malabanan, InterAksyon.com Global NGO to build $47-M solid waste management facility in AngelesDisposal of garbage and other forms of waste will soon be a thing of the past in this city once the $47 million state-of-the-art solid waste management facility project becomes operational.

BOI approves P450-M hybrid rice seed project 2:49 pm | InterAksyon.com BOI approves P450-M hybrid rice seed projectThe Philippine Board of Investments (BOI) recently approved the application of SL Agritech Corporation (SLAC) as a producer of hybrid rice seeds and by-product (palay) under the agriculture/agribusiness and fishery listing of the current Investment Priorities Plan (IPP).

Washington signals about-face on globalization 10:13 am | Virginie Montet, Agence France-Presse Washington signals about-face on globalizationDuring a meeting of G20 finance ministers and central bankers over the weekend in Germany, the new Trump administration blocked the longstanding resolution opposing protectionism and qualified its commitment to the multilateral trade system including the World Trade Organization.

Elderly founder of S. Korea retail giant Lotte Group denies charges on first day of trial 6:16 pm | Reuters Elderly founder of S. Korea retail giant Lotte Group denies charges on first day of trialProsecutors in Seoul indicted 22 people at the end of an investigation over several months last year into suspected corruption at Lotte Group, and key officers of the chaebol, including its 94-year-old founder appeared in court on the first day of trial.

Ayala Land to spend P16B to build new malls in 3 years 5:52 pm | Leslie D. Venzon, Philippine News Agency Ayala Land to spend P16B to build new malls in 3 yearsReal estate giant Ayala Land Inc. (ALI) plans to spend P16 billion to build new malls over the next three years as it continues to build up its recurring income business, riding the country's robust economic growth.

PCA chief suspended on corruption case, but defies board order 1:48 pm | Shyla Francisco, News5 | Bloomberg TV Philippines PCA chief suspended on corruption case, but defies board orderPhilippine Coconut Authority administrator Avelino 'Billy' Andal has been ordered suspended while issues of corruption against him are being investigated. He questioned the order and vowed to stay on at his post.

DMCI Holdings sees single-digit profit growth in 2017 7:48 pm | Philippine News Agency DMCI Holdings sees single-digit profit growth in 2017Consunji-led engineering conglomerate DMCI Holdings Inc. targets a single-digit profit growth this year as it operates new mining sites and gears up to make available an expanded power plant.