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Some equity investors must have had their jaws drop to the floor earlier this week after Petron Corp.’s stock price declined by 7.24 percent in a single day. Having closed at P12.70 apiece last Monday, the share price of the country’s largest petroleum refiner and distributor fell to P11.78 by the end of Tuesday’s trading, slipping further to P11.62 on Wednesday.

Posted: August 22nd, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Biz Buzz: Garnished

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Apart from the Disbursement Acceleration Program (DAP)—parts of which were struck down by the Supreme Court—President Aquino’s fiscal and energy managers have another ax to grind with the judiciary, this time on the revenue generation side and one that particularly throws the power industry in a frenzy.

Posted: August 20th, 2014 in Columnists,Inquirer Columns | Read More »

Biz Buzz: Countdown to delisting

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The notice hasn’t been officially served, but the board of the Philippine Stock Exchange has made a decision in a meeting on Wednesday to delist Alphaland Corp., the property development arm of former Trade Minister Roberto V. Ongpin, aka “RVO,” from the bourse.

Posted: August 15th, 2014 in Columnists,Inquirer Columns | Read More »

Biz Buzz: PAL-for-cash deal in the offing

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After an initial flurry of negotiations, a long lull seems to have settled on Philippine Airlines (PAL) regarding the ownership tug-of-war between tycoons Lucio Tan and Ramon Ang.

Posted: August 13th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Biz Buzz: Alfamart in PH

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Not to be left out in the convenience store race, SM Investments Corp. has rolled out three “experimental” stores in partnership with Indonesian retailing giant Alfamart, choosing the following high-density locations in the south: Trece Martirez and Dasmariñas in Cavite and another in Las Piñas.

Posted: August 8th, 2014 in Columnists,Inquirer Columns | Read More »

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News

  • Binay hits foes for smear
  • Suspected Sayyaf men release abducted gov’t mechanic
  • Ombudsman orders sacking of South Cotabato municipal treasurer
  • Drug firm withdraws medicine for heart ailment from market
  • [VIDEO] Binay denies benefiting from ‘overpriced’ Makati building
  • Sports

  • Tolomia tows FEU over La Salle and into top spot
  • Seldom-used Basibas gives injury-hit UST lift to beat UP
  • UP coach Rey Madrid ejected, could face suspension anew
  • Mayweather unleashes ‘counterpunch’ vs former pal’s challenge
  • NBA: Olympic bonding with LeBron helped Cavs land Love
  • Lifestyle

  • Home store opens flagship at SM Megamall
  • Peace of mind seminar slated
  • Robert Hass wins $100,000 poetry prize
  • Canadian design company redefines utilitarian style
  • Sleep on a mattress that can make you healthier
  • Entertainment

  • Agents of Ambush, August 28, 2014
  • Tuldok, August 28, 2014
  • A. Lipin, August 28, 2014
  • Lakan at Makisig, August 28, 2014
  • Fireworks, tears at Heart Evangelista-Chiz Escudero engagement
  • Business

  • No acceptable offers for 500,000-metric-ton rice import at NFA bidding
  • Emperador to debut on PSEi Sept. 15
  • RCBC to issue new negotiable certificates of time deposit
  • SC stops rehab of CAP
  • Max’s Group to tap capital market
  • Technology

  • Instagram launches time-lapse video app for iPhone
  • Mobile use bad for school test scores–Japan study
  • Top 10 songs and albums on the iTunes Store
  • Study: Social media users shy away from opinions
  • Apple recalls defective iPhone 5 batteries, offers replacement
  • Opinion

  • Editorial cartoon, August 28, 2014
  • Decapitating the truth
  • ‘Let them eat cake’
  • Disputing treason because of Itu Aba
  • Should we amend the Constitution?
  • Global Nation

  • ‘PH is 2nd top destination of criminal suspects fleeing South Korea’
  • ‘Yolanda’ victims need continuous help – ICRC head
  • Filipino, Swedish arrested in credit card, ATM fraud in Thailand
  • Peaceful progress still elusive in PH – study
  • Suspect in Abu Sayyaf kidnappings in Sabah nabbed in Tawi-Tawi
  • Marketplace
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