LRT-1 begins public trial of automated fare collection system on Aug 16 (Business Mirror (Philippines))

Ramon S. Ang and the Gozon Group have resolved their differences and have reached an amicable settlement of their dispute. Ang has agreed to withdraw the complaint he filed with the Department of Justice against Gozon and other GMA execs.

The Internet television unit of Philippine Long Distance Telephone Co. has struck a landmark partnership deal with GMA Network Inc. to stream the latter’s content via the former’s platform.

Small and medium enterprises are being encouraged to invest in marketing, especially when the Asean integration comes into effect later this year. Agora Best Talks Chairman Donald Lim told the BusinessMirror that marketing is lacking in most of the small scale businesses in the country today. He advised that entrepreneurs should invest at least 25 percent of their annual revenues in marketing to be able to compete better with the growing demands of the business landscape, especially at a time when the regional market consolidates by December 2015. Lim is hopeful that with most of the entrepreneurs today being millennials or digital natives, they can take advantage of the latest technologies to help advance their businesses.

The benefits of the DAR-JICA projects in Southern Leyte are strongly felt in Southern Leyte. This came about after the DAR turned over some of its completed projects to local officials and project beneficiaries.

The Bangko Sentral ng Pilipinas (BSP) emerged as the best performing government office among 64 bureaus and departments surveyed by the Makati Business Club in its Executive Outlook Survey. This is the fourth straight year that the BSP topped the list. Three Minahang Bayan applications are almost certain to get the nod of the Department of Environment and Natural Resources.

The online gaming subsidiary of IPVG Corp. has declared its shares of stock in Digital Paradise, Inc. (DPI) as property dividends. A total of 34,629,050 common securities will be distributed to stockholders of IP E-Game Ventures, Inc. as of the relevant record date. This will provide an option for the firm to apply for listing by way of introduction with the Philippine Stock Exchange, subject to DPI’s completion of relevant listing criteria.

The Department of Justice is set to file this month the second batch of criminal charges against the alleged killers of the SAF-44 in Maguindanao, Justice Secretary Leila de Lima told lawmakers. Meanwhile, the children of the SAF-44 will receive scholarship grants.

The camp of Vice President Jejomar Binay expressed confidence that the libel case filed against Senator Antonio Trillanes IV is strong despite the latter’s denial.

DandL Industries Inc. said its income grew 10 percent in the first half of the year, following the same pace of increase in its revenues. This despite higher expenses as a result of the increase in authorized capital stock.

Sarangani Energy Corporation’s (SEC) first 105-megawatt coal-fired power plant is scheduled for commissioning in October this year, a development that will help provide a sustainable solution to Mindanao’s five-year-old power shortage.