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Bangko Sentral trims losses to P5.28B in first 9 months

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The central bank’s losses narrowed at the end of the third quarter as cash in special deposit accounts (SDA) fell well below year-ago levels, documents released this week showed.

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

Biz Buzz: 2016 ‘watchlist’

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In the heat of the Senate probe on Vice President (and leading 2016 presidential contender) Jejomar Binay, a lady stock broker who is closely related (by affinity) to one of the people tagged at the hearings left peers at the Philippine Stock Exchange flabbergasted as she dared other brokers to declare who among them harbored anti-Binay sentiments.

Posted: November 14th, 2014 in Columnists,Inquirer Columns | Read More »

Agri losses due to ‘Luis,’ ‘Mario’ climb to P1.76B

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Agricultural losses in the wake of Typhoon “Luis” and Tropical Storm “Mario” have climbed to a total of P1.76 billion, as more data from the field showed greater devastation on rice farms.

Posted: September 24th, 2014 in Headlines | Read More »

Truck ban costs franchise firms P3B in losses

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Philippines Congested Container Port

Franchising companies reportedly suffered losses of at least P3 billion in the past few months due to the expanded truck ban policy and the congestion at the Port of Manila, making it more difficult for members of the Association of Filipino Franchisers Inc. (Affi) to achieve its growth targets for 2014.

Posted: September 18th, 2014 in Editor's Pick,Headlines | Read More »

Philex trims losses in 1st half

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Philex Petroleum Corp. slashed its losses in the first half of 2014 by 81.93 percent to P40.7 million, from P225.2 million in the same period last year, on higher revenues and reduced expenses.

Posted: July 26th, 2014 in Headlines | Read More »

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