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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 »

MPIC open to any location for common station

Metro Pacific Investments Corp., which is poised to bag the Light Rail Transit Line 1 Cavite extension public-private partnership (PPP) deal with its partners, said it was open to any location for a Quezon City railway common station, where a dispute has delayed the awarding of the P65-billion PPP contract.

Posted: August 11th, 2014 in Headlines | Read More »

Biz Buzz: No post-fiasco firings at PLDT

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Having a bad week? Just think about the public relations team of Philippine Long Distance Telephone Co. after the “Last HOME Stand” charity event on Tuesday, when a series of activities between Gilas Pilipinas and a collection of NBA Stars was cancelled, angering fans who shelled out between P750 and P23,300 per ticket.

Posted: July 25th, 2014 in Columnists,Inquirer Columns | Read More »

MVP eyes investor in tollroad unit

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Manuel V. Pangilinan-led Metro Pacific Investments Corp. is in talks to sell up to a 20-percent stake in its tollroad unit as it seeks financial support for possible big-ticket expressway projects it may bag under the government’s public private partnership (PPP) program.

Posted: May 31st, 2014 in Headlines | Read More »

Ayala-Metro Pacific consortium submits lone bid offer for LRT 1 extension

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Light Rail Transit (LRT) Line 1 FILE PHOTO

A lone group made an offer for a massive public private partnership (PPP) deal to extend the Light Rail Transit Line 1 (LRT-1) to Cavite province, the government’s biggest PPP project to date, as some bidders cited unattractive financial returns.

Posted: May 28th, 2014 in Latest Business Stories | Read More »

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