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Biz Buzz: Winning streak

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They say good things come in pairs or threes but the transportation department—which is the one agency now that needs a positive lift as Metro Manila commuters simmer on MRT’s woes—has been defying those averages.

Posted: April 14th, 2014 in Headlines | Read More »

Biz Buzz: Ayala @ 180

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As an enthralling prologue to “Inside Ayala,” a book published by the storied Filipino conglomerate in celebration of its 180th anniversary, Ayala Corp. chair emeritus Don Jaime Zobel de Ayala—handwritten in classic script using the traditional fountain pen— wrote a four-page message that’s both a memoir and a call for the future generation of leaders within the group to further build on the rich legacy.

Posted: April 9th, 2014 in Headlines | Read More »

Ginebra play

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Shares of conglomerate San Miguel Corp., which have long lagged PSEi peers during the recent run-up, have rebounded by 26.8 percent in the last two trading days. So what’s brewing in SMC? Stock dealers cite a play ahead of the company’s March 27 investors’ briefing on its 2013 annual results. Some say prices are catching up with the company’s net asset value of more than P100 a share. There was likewise speculation in the market that hard liquor unit Ginebra San Miguel will soon be up for grabs, which market sources say would be logical given the strong investor appetite for branded consumer businesses.

Posted: March 19th, 2014 in Headlines | Read More »

Azkals in PSE

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Football stars James and Phil Younghusband turned heads on the trading floor of the Philippine Stock Exchange Tuesday at the launch of Maybank ATR Kim Eng Securities’ online trading platform “MakeTrade.”

Posted: March 12th, 2014 in Headlines | Read More »

Ignored

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Despite having as its head the country’s richest man, it must be a little lonely in the corner of retail conglomerate SM nowadays. This is especially so when their plea—multiple pleas, actually—seem to be falling on deaf ears.

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

MVP speaks… or tweets

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Businessman Manuel V. Pangilinan took some time away from what we can only imagine is a busy schedule to keep it real with his Twitter followers Monday night. From 7 to 8 p.m., Pangilinan’s personal account @iamMVP answered queries from his more than 68,0000 followers from serious topics like business and sports (he’s keen on the NBA team Golden State Warriors) to more mundane matters like his favorite food (pork chop, apparently).

Posted: February 19th, 2014 in Headlines | Read More »

Biz Buzz

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First the good news: As has been reported earlier, President Aquino had his driver’s license renewed last week like “mere mortals” around their birthdays. True to form, the President insisted on not receiving any special treatment, arriving at the Land Transportation Office’s Tayuman office on board a Toyota Innova vehicle, without his usual 12-vehicle security convoy, and without any media people in tow.

Posted: February 9th, 2014 in Headlines | Read More »

Divided we… can’t borrow

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The family rift at the Ortigas clan’s flagship property firm OCLP Holdings is causing much more than delays to potential takeovers by perennial rival suitors Ayala Land Inc. of the Zobels and the SM Group of taipan Henry Sy, both of which remain acquisition-hungry.

Posted: February 4th, 2014 in Headlines | Read More »

Biz Buzz

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There’s never a dull moment among the well-heeled who live in super exclusive Makati villages like Forbes Park.

Posted: January 28th, 2014 in Editor's Pick,Headlines | Read More »

‘Pro’ fleeces casino

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Solaire Resorts and Casino—the country’s newest and trendiest gaming destination—was recently visited by a “pro” who walked out of the venue a few million pesos richer, according to our sources.

Posted: December 31st, 2013 in Headlines | Read More »

Biz Buzz

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Beefing up CMIC Corporate regulators are in talks to beef up the Capital Market Integrity Corp. (CMIC), the market regulation unit of the Philippine Stock Exchange. CMIC is now headed by Cornelio Hizon, a lawyer and a former Finance undersecretary when Jose Isidro Camacho was the country’s Finance chief. Hizon is a tax expert and [...]

Posted: December 29th, 2013 in Headlines | Read More »

Bali’s tallest Christmas tree

Filipino holiday-makers heading to Bali, Indonesia, this season will be pleasantly surprised to see the tallest Christmas tree at Kota Beach carrying the branding of San Miguel.

Posted: December 24th, 2013 in Headlines | Read More »

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  • Global Nation

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