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Russia foray into Ukraine sinks global stocks

A view of a board listing foreign currency rates against the Russian ruble just outside an exchange office in central Moscow on March 3, 2014. Global stocks slumped and gold and oil prices soared Monday as Russia's sending of troops to Ukraine's Crimea sparked a backlash and threats of reprisal from leading Western powers.  AFP

Global stocks slumped and gold and oil prices soared Monday as Russia’s sending of troops to Ukraine’s Crimea sparked a backlash and threats of reprisal from leading Western powers.

Posted: March 4th, 2014 in Latest Business Stories | Read More »

MVP speaks… or tweets

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Businessman Manuel V. Pangilinan took some time away from what we can only imagine is a busy schedule to keep it real with his Twitter followers Monday night. From 7 to 8 p.m., Pangilinan’s personal account @iamMVP answered queries from his more than 68,0000 followers from serious topics like business and sports (he’s keen on the NBA team Golden State Warriors) to more mundane matters like his favorite food (pork chop, apparently).

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

Gov’t puts off LRT, MRT fare hikes anew

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FILE PHOTO

A long-delayed plan to hike fares at Metro Manila’s elevated railways would be delayed further as the transportation department has put on hold any increase while waiting for the outcome of a Supreme Court case over the power rate hike by distributor Manila Electric Co., a senior government official said on Wednesday.

Posted: January 23rd, 2014 in Latest Business Stories | Read More »

Aquino: Govt transactions to be ‘100% checkless, 80% cashless’ by yearend

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President Benigno Aquino III. PHOTO by Kristine Sabillo/INQUIRER.net

President Benigno Aquino III on Wednesday said the government aims to reduce its cash transactions by 80 percent once the year ends.

Posted: January 15th, 2014 in Latest Business Stories | Read More »

Peace in McKinley West

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Ahead of the Christmas holidays, cooler breeze is now blowing over the McKinley West complex in Fort Bonifacio after the group of property tycoon Andrew Tan and the state-controlled Bases Conversion Development Authority (BCDA) resolved their dispute over their 34.5-hectare joint venture at the former Jusmag site.

Posted: December 17th, 2013 in Headlines | Read More »

Budget rift pushes US to brink of debt default

The US Capitol Dome is seen in the distance as American flags fly on the National Mall around the base of the Washington Monument, Tuesday, Oct. 15, 2013, in Washington. The federal government remains partially shut down and faces a first-ever default between Oct. 17 and the end of the month.  AP

A dramatic day of political breakdowns thrust the United States dangerously close Tuesday to a debt default deadline and left the global economy exposed to unpredictable knock-on turmoil.

Posted: October 16th, 2013 in Latest Business Stories | Read More »

Fitch puts US debt rating on watch for downgrade

AFP FILE PHOTO

Rating agency Fitch on Tuesday put the United States on warning for a downgrade after Congress failed to reach a deal on raising the country’s debt ceiling.

Posted: October 16th, 2013 in Latest Business Stories | Read More »

Obama warns Wall Street over fiscal crisis

President Barack Obama   AP FILE PHOTO

President Barack Obama sent Wall Street a blunt warning Wednesday that it should be very worried about a political crisis that has shut down the government and could trigger a US debt default.

Posted: October 3rd, 2013 in Latest Business Stories | Read More »

Senate sub-committee green lights NTC budget

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Senator Francis "Chiz" Escudero.  PHOTO BY RICHARD A. REYES

The National Telecommunications Commission (NTC) P244.8 million proposed budget was approved on Tuesday by the Senate finance sub-committee.

Posted: September 24th, 2013 in Latest Business Stories | Read More »

Oil down as Obama seeks Congress approval on Syria

AP FILE PHOTO

Oil prices fell in Asian trade Monday after US President Barack Obama’s announcement that he would seek approval from lawmakers for military action against Syria eased prospects of an imminent strike, analysts said.

Posted: September 2nd, 2013 in Latest Business Stories | Read More »

Big business on Sona: Exhaustive, long but short on road maps

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President Benigno Aquino III INQUIRER FILE PHOTO

Long and exhaustive, but short on road maps. That’s how big business groups described President Aquino’s State of the Nation Address (Sona) on Monday.

Posted: July 23rd, 2013 in Latest Business Stories | Read More »

A view from the trenches

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This article is not about management. It is not about business or economics. It is about politics, particularly the last automated elections. Why? It is because politics and elections are everybody’s business.   The papers continue to carry the arguments between Comelec and the AES Watch group. Was there a pattern in the 60-30-10 election [...]

Posted: July 22nd, 2013 in Columnists,Featured Columns | Read More »

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