Pangilinan may drop China from exploration venture

Manuel V. Pangilinan. INQUIRER file photo

For businessman Manuel V. Pangilinan, the country comes first. The chairman of Philex Petroleum Corp. said he would abandon a proposed partnership with state-owned China National Offshore Oil Corp. (CNOOC) if the sovereignty or commercial issues involving the disputed Recto Bank are not resolved to the satisfaction of his group and the Philippine government.

Posted: June 28th, 2012 in Latest Business Stories | Read More »

Scarborough dispute may derail Asian economic plan

By Michelle V. Remo

Cayetano Paderanga Jr., ADB Meet, Scarborough Shoal Dispute

The conflict between China and the Philippines over the resource-rich Scarborough Shoal is likely to derail plans of selected Asian countries to integrate their economies by 2015, a chief economist and a social science expert from the two countries said.

Posted: May 4th, 2012 in Headlines,Latest Business Stories | Read More »

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