The historical capital of Pangasinan, Lingayen, is admittedly low-profile compared to, say, bustling Dagupan or the ecodestination Bolinao.…
Feb 9 2012 / No Comment / Read More »
Tycoon Henry Sy Sr. is finalizing a deal to acquire a majority stake in the privately held Ortigas property group in a transaction worth around $1 billion, seen…
Feb 9 2012 / 33 Comments / Read More »
Nokia Corp. said Wednesday it will slash 4,000 jobs in Finland, Mexico and Hungary in a further move to cut costs as it struggles against stiff competition in…
Feb 8 2012 / 3 Comments / Read More »
Overcoming supply disruption that was caused by the Thailand flood, Honda Cars Philippines is now set to recover with the launch of the New Honda City.…
Feb 8 2012 / No Comment / Read More »
Inflation further eased to a 13-month low of 3.9 percent in January as price increases in food and non-alcoholic beverages slowed, the National Statistics Office (NSO) reported Tuesday.…
Feb 7 2012 / 4 Comments / Read More »
Last year proved momentous for the N-Series as the light-duty truck model from Isuzu Philippines Corp. topped the sales chart released by the Truck Manufacturers Association and the…
Feb 7 2012 / No Comment / Read More »SM confirms $1-B Ortigas buyout talks »
The company of the country’s wealthiest man Henry Sy Sr. is poised to become the dominant property developer with a $1-billion bid to acquire a majority stake in the Ortigas property group.…
Feb 9 2012 / No Comment / Read More »Share prices close down »
Most share prices declined Thursday as China’s higher-than-expected inflation figure for January spooked regional equity markets and sparked profit-taking.…
Feb 9 2012 / No Comment / Read More »Uniqlo opening first PH shop in June »
Uniqlo, Japan’s leading apparel brand, is scheduled to open its first shop in the Philippines in June as part of efforts to tap the “enormous growth potential” in Asia, a key regional focus of its global expansion strategy.…
Feb 9 2012 / No Comment / Read More »Peso goes up as investors buy PH stocks »
The peso slightly inched up on Thursday even as other key Asian currencies dropped following the failure of concerned…
Feb 9 2012 / No Comment / Read More »San Miguel Brewery eyes P20-billion fixed rate bond offer »
San Miguel Brewery Inc. has filed an application with the Securities and Exchange Commission to offer up to P20…
Feb 9 2012 / No Comment / Read More »BancNet grows by 43% as more banks, coops hooked up to ATM network »
The country’s largest automated teller machine (ATM) consortium BancNet has reported 2011 as a banner year in terms of…
Feb 9 2012 / No Comment / Read More »PH stock prices fall amid fears over inflation in China »
Most local stock prices faltered on Thursday as a higher-than-expected China inflation rate for January spooked regional equity markets…
Feb 9 2012 / No Comment / Read More »SM confirms talks to buy Ortigas property company »
The SM group led by tycoon Henry Sy, Sr. confirmed on Thursday that negotiations were going on for its…
Feb 9 2012 / No Comment / Read More »Asian markets rise on Greek debt hopes »
Asian markets rose Wednesday, tracking gains on Wall Street amid growing hopes that Greece will reach a bailout deal…
Feb 8 2012 / No Comment / Read More »Bank lending expanded by 19.3% in 2011—BSP »
Bank lending expanded by 19.3 percent by the end of 2011, a pace of growth that the central bank…
Feb 8 2012 / No Comment / Read More »
