Tuesday, March 03, 2015
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  • T-bill rates drop on low inflation

    T-bill rates drop on low inflation

    The government on Monday raised P20 billion from the sale of Treasury bills, as investors offered lower interest rates in line with a low inflation outlook. Interest rates for the 91-day and 182-day Treasury bills dropped while the yield for 364-day debt instruments barely moved up. National Treasurer Roberto...
  • SM to unveil 2 big projects

    SM to unveil 2 big projects

    SM Prime Holdings Inc., the country’s largest integrated property developer, said it is ready to unveil in April the integrated master plan for the Pasay and Parañaque reclamation projects worth over P100 billion. SM Prime president Hans Sy said the company would make a presentation and reveal...
  • Ex-employee  becomes CEO

    Ex-employee becomes CEO

    Ronald Magleo helped establish an information technology company in 2005, just three years after graduating with a degree in Entrepreneurship from De La Salle University in Manila.  German payment services provider Wirecard acquired the local company in 2007 and Magleo found himself working for the...
  • Sy, Ayala, Aboitiz unite

    Sy, Ayala, Aboitiz unite

    The Sy, Zobel de Ayala and Aboitiz families are joining forces to bid for the government’s largest infrastructure project—the P123-billion Laguna Lakeshore Expressway Dike project. SM Prime Holdings Inc. president Hans Sy said in an interview at the sidelines of the 18th Philippine Retailers...
  • Meralco nets P18.1b

    Meralco nets P18.1b

    Power distributor Manila Electric Co. said Monday net income rose 5 percent in 2014 to P18.1 billion from a year ago, on higher demand from commercial and industrial customers amid the country’s economic expansion. Core net income, which excludes non-recurring gains, also reached P18.1 billion last...

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T-bill rates drop on low inflation

13 hours ago | 0 comment
T-bill rates drop on low inflationThe government on Monday raised P20 billion from the sale of Treasury bills, as investors offered lower interest rates in line with a low inflation outlook.

Investment pledges reach P755.9b — PSA

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Investment pledges reach P755.9b — PSAInvestment pledges approved by seven government agencies for tax incentives hit P755.9 billion in 2014, up 0.2 percent from P754 billion in 2013, the Philippine...

MWSS inaction dismays Maynilad

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MWSS inaction dismays MayniladWest zone concessionaire Maynilad Water Services Inc. on Monday expressed dismay over the refusal of state-run Metropolitan Waterworks and Sewerage System to...

The grandma experiment

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The grandma experimentHOW do you set up a computer that’s so easy that even your grandma can use it? This was the challenge I set out to meet last week, when I set up a PC for my...

Otto hires oil rig to drill in Palawan

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Otto hires oil rig to drill in PalawanOtto Energy Philippines Inc., a wholly-owned subsidiary of Otto Energy Ltd. of Australia, has tapped Maersk Drilling to drill the Hawkeye-1 exploration well under...

Pure Foods sells shares, raises P15b

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Pure Foods sells shares, raises P15bSan Miguel Pure Foods Co. Inc., a unit of conglomerate San Miguel Corp., has successfully raised P15 billion from the sale of preferred shares amid strong demand...

Metrobank says profit down 11%

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Metrobank says profit down 11%METROPOLITAN Bank and Trust Co., the country’s second-largest lender, said net income in 2014 declined 11 percent to P20.1 billion from P22.5 billion in...

BSP may reduce rates on dropping inflation — British bank

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BSP may reduce rates on dropping inflation — British bankBritish bank Standard Chartered said Monday the Bangko Sentral ng Pilipinas may reduce the current policy rates in the coming months, if inflation rate falls...

PSE ready to take over bond market

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PSE ready to take over bond marketThe Philippine Stock Exchange said Monday it is finalizing the terms for the acquisition of Philippine Dealing System Holdings Corp., which operates the bond...

More companies plan to add workers in 2nd quarter — BSP survey

13 hours ago | 0 comment
More companies plan to add workers in 2nd quarter — BSP surveyMore companies expect to hire additional employees in the second quarter of this year in line with the expansion of the economy, Bangko Sentral ng Pilipinas said...

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