Pangilinan bid to acquire GMA 7 falls through
By Doris C. Dumlao
Businessman Manuel V. Pangilinan’s bid to acquire a controlling stake in local broadcasting firm GMA Network Inc. has been aborted the second time around.
Businessman Manuel V. Pangilinan’s bid to acquire a controlling stake in local broadcasting firm GMA Network Inc. has been aborted the second time around.
A popular Japanese ramen restaurant in the middle of the Makati central business district reopened its doors last week after being ordered closed by the city government for a month.
Businessman Manuel V. Pangilinan plans to expand the consortium undertaking gas exploration at Recto Bank, which both the Philippines and China claim, to “internationalize” and “depoliticize” the concession area while boosting the financial and technological muscle for the project.
Amid the annual who’s-in-who’s-out hubbub created by the release of the Forbes list, two very prominent names in the local and regional business scenes were—to many observers—incredibly absent from the Philippine billionaires’ roster.
Infrastructure holding firm Metro Pacific Investments Corp. has inked a deal to acquire the controlling stake of Thai hospital group Bumungrad in the upscale 219-bed Asian Hospital in Filinvest Corporate City, Alabang.
Shares of Philex Petroleum Corp. on Monday sizzled as the company unveiled an upbeat exploration plan for its concession area in Recto Bank (formerly Reed Bank), located about 148 kilometers west of Palawan province and believed to contain 3.4 trillion cubic feet of natural gas. Philex Petroleum shares, which were listed on the Philippine Stock [...]
