Friday, August 22, 2014
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  • Lorenzos bare CAT expansion

    Lorenzos bare CAT expansion

    The group of businessmen Martin Lorenzo and Fernando Cojuangco, which recently acquired sugar miller Central Azucarera de Tarlac Inc., said it plans to venture into industrial and residential developments while pursuing the expansion of the sugar business in Tarlac. CAT Resources and Asset Holdings Inc.,...
  • Govt swaps P140b of debt

    Govt swaps P140b of debt

    The Philippines priced P140 billion ($3.2 billion) of 10-year bonds in its first debt exchange in three years, allowing the nation to cut interest payments and set the stage for sustained economic growth. The peso notes due 2024 were priced to yield 4.125 percent, the Bureau of the Treasury said in a...
  • Q2 growth likely hit 7% — DoF

    Q2 growth likely hit 7% — DoF

    The economy likely grew 7 percent in the second quarter from a year ago, boosted by the strong manufacturing sector, the Finance Department said Monday. Finance Department chief economist Gil Beltran said the 13.3-percent year-on-year rise in the volume of production index in June signaled a faster growth in...
  • Energy seeks new repair skeds

    Energy seeks new repair skeds

    The Energy Department said over the weekend it will issue an order preventing power plants from shutting down for repair and maintenance during the dry months next year to avoid power outages. Petilla “We are formalizing a directive that no power plants are to have scheduled maintenance during summer of...
  • How Aboitiz plans  to conquer  Asean market

    How Aboitiz plans to conquer ...

    Sabin Aboitiz, a member of the rich Aboitiz clan who runs one of the country’s most successful conglomerates, believes that producing and buying Filipino products will play a crucial role in surviving the tough competition posed by the Association of Southeast Asian Nations economic integration in 2015....

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Lorenzos bare CAT expansion

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Lorenzos bare CAT expansionThe group of businessmen Martin Lorenzo and Fernando Cojuangco, which recently acquired sugar miller Central Azucarera de Tarlac Inc., said it plans to venture...

Alliance Global eyes 12,000 hotel rooms by 2020

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Alliance Global eyes 12,000 hotel rooms by 2020Alliance Global Group Inc., the holding company of tycoon Andrew Tan, has disclosed a plan to expand its hotel business to 12,000 rooms and become the...

Transportation to extend maintenance contract of MRT 3

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Transportation to extend maintenance contract of MRT 3The Transportation Department said Wednesday it will have no choice but to extend the contract of Autre Porte Technique Global Inc. to maintain Metro Rail Transit...

Growth likely to top 7.2% — Beltran

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Growth likely to top 7.2% — BeltranAn official of the Finance Department said Wednesday the economy can replicate or even top the 7.2-percent gross domestic product growth in 2013, even in the...

3,000 Zambales residents protest vs. closure of 4 mining firms

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3,000 Zambales residents protest vs. closure of 4 mining firmsSTA. CRUZ, Zambales-- More than 3,000 residents of this province, including miners, scholars and community leaders have staged simultaneous protests against the...

Toll roads boost logistics industry

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Toll roads boost logistics industryThe emir of Kuwait may have seen the vast economic potential of three independent toll roads in western, central and northern Luzon linking up with one other and...

PH may miss 2015 poverty goal

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PH may miss 2015 poverty goalThe Philippines may miss its target of reducing poverty incidence by half between 1990 and 2015, the government’s chief economist said Wednesday.

Toyota investing P2b to upgrade Innova

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Toyota investing P2b to upgrade InnovaToyota Motors Philippines said Tuesday night it will spend P2 billion to upgrade the locally-assembled Innova model that will be rolled out in 2015.

Stock market up; PLDT leads gainers

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Stock market up; PLDT leads gainersThe stock market edged higher Wednesday, lifted by index heavyweight Philippine Long Distance Telephone Co. and on prospects the economy may have grown 7 percent...

Century Properties prices P3-b bonds

1 day ago | 0 comment
Century Properties prices P3-b bondsProperty developer Century Properties Group Inc. has priced its P3-billion maiden retail bond offering.

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