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Biz Buzz: Stubborn banks defy BSP

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In any industry, the word of the government regulator is the law. And when the law is laid down, industry players usually fall over themselves in a rush to comply with the new mandate.

Posted: May 19th, 2014 in Columnists,Inquirer Columns | Read More »

Cost-recovery provisions for affected gencos urged

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AFP FILE PHOTO

Amid proposed additional price controls at the Wholesale Electricity Spot Market (WESM) by state regulators, SMC Global Power Holdings Corp. is pressing for cost-recovery provisions for generation companies (gencos) whose operations will be affected by the scheme.

Posted: April 24th, 2014 in Latest Business Stories | Read More »

Stock market falters after 6-day run-up

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PSE index as of October 09, 2013, 03:46:00 PM

The local stock market ended a six-day run-up on Wednesday as investors weighed the risks of a US debt default as a result of the political stalemate that has held up passage of the US federal budget alongside concerns about weaker global economic prospects cited by the International Monetary Fund.

Posted: October 9th, 2013 in Latest Business Stories,Stocks | Read More »

SMC pares down stake in Meralco, raises P17.4 B

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AFP FILE PHOTO

San Miguel Corp. has raised P17.4 billion from the sale of an initial 5.7 percent stake in the country’s largest power distributor, Manila Electric Co.

Posted: July 19th, 2013 in Latest Business Stories | Read More »

Power projects of SMC units get BOI incentives

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San Miguel Corp. has secured approvals from the Board of Investments for P51 billion worth of coal-fired power projects that are expected to significantly shore up power supply in Luzon and Mindanao in three years’ time.

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

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  • NPA landmine kills 2 Army men
  • Fact-checking causes delay in filing of cases vs more ‘pork’ suspects
  • Nancy Binay: Opposition won’t support unlawful means to oust Aquino
  • Destabilization plot went pfft, says Trillanes
  • Sports

  • NU targets solo UAAP lead vs Adamson
  • NCAA: Lyceum Pirates shoot for 4th straight win
  • Army Lady Troopers gain lead of Shakey’s V-League
  • Filipino tracksters aim to end Asiad medal drought–Juico
  • PH loses Barbosa, Barcenilla returns
  • Lifestyle

  • Elegant Louvre Garden in Paris infested with rats
  • Nancy Binay tells critics: I’m promoting local fabrics
  • Seeing Xian Lim through the eyes of a mother
  • Creative neighbors reinvent Pasay compound
  • Don’t do your children’s homework for them
  • Entertainment

  • Women dragged in alleged Paolo Bediones sex video break their silence
  • Marital row caught on cam
  • Lyca can go to school now
  • La vida Eugenia in Madrid
  • ‘Transition’ series off to a good start
  • Business

  • RCBC plans P4.5-B stock rights offer
  • Robinsons opens 198-room Go Hotel in Ortigas
  • Concepcion Industrial’s 1H profit up 45%
  • US stocks finish lower as US, EU sanction Russia
  • 400MW supply shortage seen in 2015
  • Technology

  • Japanese gov’t, publishers demand online ‘Manga’ pirates
  • Twitter flies on surprisingly strong numbers
  • China investigating Microsoft in monopoly case
  • Samsung postpones launch of Tizen smartphone
  • Customs bureau warns public vs ‘Internet love scams’
  • Opinion

  • Effective
  • ‘Carpe diem,’ Mr. President
  • Color-coded tears and memories
  • Incunabula in the Lopez Museum
  • What a difference a tear makes
  • Global Nation

  • Unicef boosts DSWD program with unconditional cash transfer
  • In the Know: 3 papal visits in span of 25 years
  • No mention of sea row with China good–DFA
  • Mental health issues among California kids go largely untreated
  • Return of the Powell Street Guerrillas
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