Extelcom to re-join market

By Roderick T. dela Cruz
Express Telecommunication Co. Inc., the first mobile phone network operator in the Philippines, is re-entering the telecom industry via the GSP platform, now dominated by industry brands such as Smart, Globe and Sun Cellular.

BSP tightens rules on interlocking directorships

By Eileen A. Mencias
The Bangko Sentral is tightening up its rules on interlocking directorships in banks.

PNOC goes green, readies Luzon hydropower projects

By Alena Mae S. Flores
State-owned Philippine National Oil Co., through its renewables energy unit, will put up a hydropower plant in Luzon with a generating capacity of 20 to 30 megawatts, a ranking company official told reporters yesterday.

Manila missed tax effort target in 2008 due to lower collections

By Lawrence Agcaoili
The Philippines failed to achieve its programmed tax effort last year as the impact of the global economic meltdown took its toll on the collections of the Bureau of Internal Revenue and the Bureau of Customs.

Business pessimism rises — poll

Business pessimism increased in the first quarter of the year because of concerns on recession in many advanced economies, according to a quarterly survey conducted by the Bangko Sentral.

Phinma also takes Victory Liner to Iloilo

By Victor C. Agustin
AFTER nearly five years of courtship, the Lopezes finally capitulated to the Del Rosarios and sold their University of Iloilo lock-stock-and-barrel to the Phinma Group’s publicly listed Bacnotan Consolidated.

Moments

By Maya Baltazar Herrera
There is a song we used to sing a lot and it begins this way: There comes a moment in everyone’s life. There comes a moment in time when you come to a river you just have to cross or a mountain you just have to climb.

 

Friday, February 27, 2009
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