February 21, 2018, 1:19 pm
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Business News

EDC buys out Aussie partner in

by Richmond Mercurio on November 19, 2013
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Lopez Group-controlled Energy Development Corp. (EDC), the country’s largest producer of geothermal energy, has bought out its Australian partner in its geothermal project in Chile and Peru.

ALI hikes unit capital by P1.7

November 19, 2013
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Ayala Land, Inc., said it is boosting the capitalization of unit BellaVita Land Corp., by another P1.7 billion to fund the latter’s projects. 

Five bid for Metro train tick

November 19, 2013
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Five groups yesterday submitted formal bids for the P1.72-billion project to modernize fares collection and passenger flows at Metro Manila’s network of elevated trains.

Vista Land profit hits P3.8B

November 19, 2013
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Vista Land recently reported its nine-month profit hit P3.8 billion, 17 percent higher than last year’s P3.2 billion.

RECONSTRUCTION; Daunting socia

by ANGELA CELIS on November 18, 2013
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National Economic and Development Authority director general Arsenio Balisacan said that economic losses from typhoon Yolanda are easy to recover. “ It is the social cost that is harder and will take longer to reverse”, he said.

NEDA expects slower growth

November 18, 2013
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The National Economic and Development Authority expects that the Philippine economy will expand by 6.5 to 7 percent for the full year, lower than its previous estimate of 7.3 percent, in light of the damage caused by recent calamities like super typhoon Yolanda and the Bohol earthquake.

Steel Asia sets $270M expansio

November 18, 2013
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Steel Asia Manufacturing Corp. is investing $270 million in three new plants to double capacity to 3.2 million metric tons (MT) by 2016.

Lucio Co opens new battle fron

by Irma Isip on November 18, 2013
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Supermarket magnate Lucio Co, who was savvy enough to take on dominant retailer SM, has another fight in his hands. Co, owner of the Puregold and S&R chain of supermarkets, is set to venture into importing brandy to compete with property and gaming mogul Andrew Tan.

First Gen income drops 21%; Jo

November 18, 2013
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First Gen Corp. said that its net income attributable to equity holders of parent First Philippine Holdings Corp. dropped 21.3 percent in the first nine months of the year to $118.2 million from $150.1 million a year ago due to lower sales from subsidiaries.

Big Retailer watches: stores s

by Reuters on November 18, 2013
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BERLIN - The next time you walk into a shop, consider this: You may not be using your phone, but it is giving out a unique signal that the retailer may be monitoring.

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Front Page

Column of the Day

There should be no comparison of Marcos, Duterte press freedom

By ELLEN TORDESILLAS | February 21,2018
‘Access to the Palace is not part of freedom of the press’

Opinion of the Day

The cats of BGC

By ABIGAIL VALTE | February 20, 2018
‘If we can’t find it in ourselves to have a little compassion for defenseless animals, how can we find it in ourselves to care for fellow humans?’