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By Eileen A. Mencias
The Bangko Sentral yesterday said it will file more cases against executives of rural banks under the Legacy group that is closely associated with former National Home Mortgage and Finance Corp. head Celso de los Angeles.
Tanduay: Negros alcohol facility ready in October
By Jenniffer B. Austria
Tanduay Holdings Inc., the liquor subsidiary of beer and tobacco magnate Lucio Tan, will complete the P600-million expansion of its manufacturing facility in Pulupandan, Negros Occidental in October.
Icelandic company hikes Biliran stake
By Alena Mae S. Flores
Geysir Green Energy of Iceland has increased its ownership in Envent Holding Philippines, the holding company that owns the Biliran geothermal prospect in Eastern Visayas.
Customs seeking P8b from court suits
By Lawrence Agcaoili
The Customs bureau expects to collect close to P8 billion from various cases filed against suspected smugglers and erring brokers and brokerage companies.
Philex buys Anglo interest, gains control of Boyongan
Philex Mining Co., the country’s largest and oldest mining firm, has bought the 50- percent stake of both Anglo American Exploration BV and Anglo American Exploration (Philippines) Inc. in the Boyongan copper-gold project in Surigao del Norte province.
By Victor C. Agustin
INSTEAD of bringing peace, last week’s unceremonious sacking of David Balangue as managing partner has further poisoned the atmosphere within SGV, with Balangue, according to the grapevine, now becoming a reluctant ally of the anti-integration bloc against SGV’s de-facto principal, Ernst & Young.
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