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Palace: Too soon to rule out power rate fixing

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Sen. Sergio Osmeña III (Inquirer file photo), Energy Secretary Jericho Petilla (AP file photo), Communications Secretary Herminio Coloma (Inquirer file photo)

Malacañang is apparently not buying Sen. Sergio Osmeña III’s pronouncement that there was no collusion among the energy market players to manipulate power rates when the Malampaya natural gas plant shut down for maintenance work for one month last year.

Posted: January 26th, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

No rise in bread prices yet, says Malacañang

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“There won’t be any price adjustment in Pinoy Tasty and Pinoy Pandesal because the DTI and the bakers and millers are still studying (this),” said presidential spokesman Edwin Lacierda on Wednesday.  PHOTO FROM MARBYFOODVENTURES.COM.PH

There is no imminent increase in bread prices despite a threat against the importation of the lower-priced Turkish flour, Malacañang assured the industry on Wednesday.

Posted: August 1st, 2013 in Latest Business Stories | Read More »

Aquino: Growth must be inclusive

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President Benigno Aquino III. FILE PHOTO

President Benigno Aquino III on Thursday opened the 14th annual conference of the Global Development Network (GDN) with the statement that economic growth must be “inclusive.”

Posted: June 20th, 2013 in Latest Business Stories | Read More »

Newspaper publishers keeps hopes alive despite challenges

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Delegates from various media organizations visit the AFP exhibition displayed at the 65th World Newspaper Congress at a hotel in Bangkok on Monday, June 3, 2013. Despite uncertainties brought about by digital challenges, the future of the news publishing business looks promising, experts said at the opening of the newspaper congress.  AFP PHOTO/PORNCHAI KITTIWONGSAKUL

The news business is not a dying industry, but newspapers have to provide good and relevant content, journalists and media owners told an international media conference on Monday.

Posted: June 4th, 2013 in Latest Business Stories | Read More »

Palace cites ‘straight path’ for upgrade

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President Benigno S. Aquino III Malacañang Photo Bureau

Malacañang credited President Benigno Aquino III’s “straight path” for Standard & Poor’s upgrade of the country’s sovereign borrower standing to investment grade.

Posted: May 3rd, 2013 in Latest Business Stories | Read More »

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