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Biz Buzz: SM going solar

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Replicating a similar project in its shopping mall in Xiamen, SM Prime Holdings will harness energy from the sun to help power SM North Edsa. This is planned for installation and commissioning in the first half of 2015. The project is designed to generate about 1.4 megawatts at peak, SMPH chief finance officer Jeffrey Lim said.

Posted: September 26th, 2014 in Columnists,Inquirer Columns | Read More »

Lucio Tan group retakes PAL’s helm

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PAL. FILE PHOTO

Tycoon Lucio Tan on Monday officially reclaimed management control of flag carrier Philippine Airlines after executing the buyout of the 49-percent stake held by conglomerate San Miguel Corp.

Posted: September 16th, 2014 in Editor's Pick,Headlines | Read More »

PH conglomerates urged to tap UK institutions

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British Ambassador Asif Ahmad is urging diversifying Filipino businessmen to turn to the United Kingdom for fresh opportunities, including new inventions and startup projects from the laboratories of British universities and research institutions.

Posted: September 15th, 2014 in Headlines | Read More »

Lucio Tan group buys back PAL

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PAL. FILE PHOTO

The group of tycoon Lucio Tan on Monday signed a $1-billion deal to buy back the 49-percent stake in Philippine Airlines (PAL) from conglomerate San Miguel Corp., ending a two-year-old alliance and regaining management control of the now-profitable flag carrier.

Posted: September 9th, 2014 in Editor's Pick,Headlines | Read More »

Ang on the verge of sealing GMA deal

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San Miguel Corp. president Ramon Ang is expected to seal a deal to acquire a minority stake in television broadcast firm GMA Network Inc. by early September, or as soon as “essential” aspects of the transaction have been agreed upon, GMA chair and CEO Felipe Gozon said Thursday.

Posted: August 15th, 2014 in Headlines | Read More »

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