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Ang’’s acquisition of GMA 7 seen sealed this November


Tycoon Ramon Ang’’s acquisition of a 30-percent stake in GMA Network Inc. is almost complete and will likely be consummated this month, according to the head of the country’s second largest broadcast firm.

Posted: November 15th, 2014 in Headlines | Read More »

Aussie contact center acquires PH BPO company

shore solutions

Acquire BPO, an Australian contact center and business process outsourcing firm, has completed the acquisition of a local BPO company, Shore Solutions Inc., to provide a more comprehensive suite of outsourcing services to customers across Asia, Australia, the United Kingdom and the United States.

Posted: November 13th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Globe, PLDT trade barbs over Bayan deal

The Ayala group’s Globe Telecom Inc. disputed the stand of rival Philippine Long Distance Telephone Co. that the frequencies of Bayan Telecommunications—which Globe is in the process of acquiring—should be auctioned off as it called for the case to be dismissed.

Posted: November 5th, 2014 in Headlines | Read More »

Phinma unit gets stake in gas-rich SC50


Newly listed Trans-Asia Petroleum Corp. (Tapet) of the Phinma Group has formalized its acquisition of a minority stake in gas-rich Service Contract 50 (SC50) in offshore Palawan from Frontier Oil Corp.

Posted: October 17th, 2014 in Headlines | Read More »

MG buys Cebu seafood firm


Holding firm Millennium Global Holdings Inc. (MG)—formerly information technology firm IPVG Corp.—is taking in a new investor and acquiring a Cebu-based seafood exporter.

Posted: October 16th, 2014 in Headlines | Read More »



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