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China, 20 other nations initiate new Asian bank

China and 20 other Asian nations signed on Friday to a new Beijing-backed international bank for Asia that Washington opposes as an unnecessary rival to established institutions such as the World Bank.

Posted: October 25th, 2014 in Headlines | Read More »

Imports down 1.3% in August

By
China Trade

The value of imported goods that entered the country last August slid 1.3 percent to $5.49 billion from $5.56 billion in the same month last year, Philippine Statistics Authority (PSA) data released Friday showed.

Posted: October 25th, 2014 in Headlines,Latest Business Stories | Read More »

Asia Pacific seen to drive global growth in travel

By
Growth-sign

Cheaper ticket prices and a booming global population will drive growth in the air passenger sector through 2034, with Asia Pacific seen to account for almost half of worldwide traffic through that period, the International Air Transport Association, or IATA, said in a report.

Posted: October 25th, 2014 in Headlines,Latest Business Stories | Read More »

Mindanao coal contract up for bid

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The Power Sector Assets and Liabilities Management (PSALM) Corp. is set to auction off the government’s supply contract for the 210-megawatt (MW) Mindanao coal-fired plant.

Posted: October 25th, 2014 in Headlines | Read More »

Del Monte completes P93.5-M follow-on offer

By
SCREENGRAB from www.delmontepacific.com

Del Monte Pacific Ltd. (DMPL) has completed a domestic follow-on offering priced at P17 a share, part of a series of fund-raising activities the conglomerate lined up to cut its debt arising from its big US acquisition.

Posted: October 25th, 2014 in Headlines,Latest Business Stories | Read More »

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  • Global Nation

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