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Biz Buzz: Who’s buying into PAL?

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Call it a process of price discovery. Taipan Lucio Tan has put the group’s remaining 51-percent stake in flag carrier Philippine Airlines on the block but its strategic partner, San Miguel Corp., is not ready to declare that it is buying this stake. However, SMC, at the end of the day, has the right of first refusal on this block, given its shareholders’ agreement with the LT group. If it does not like the new investor, it can match the offer.

Posted: June 12th, 2013 in Headlines | Read More »

What we should know about stem cell treatment in the PH

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Dr. Bernal accepting the 2012 Presidential Award for Filipino Individuals and Organizations Overseas at the Malacañang Palace. CONTRIBUTED PHOTO

In recent years, it’s common to hear beauty doctors in the Philippines offering stem cell therapy as if a new-found medical fountain of youth, the answer to all medical worries.

Posted: January 30th, 2013 in Latest Business Stories,Science and Health | Read More »

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