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By Elaine Ramos Alanguilan
The Board of Investments plans to give companies flexibility in their fiscal incentives to support them amid the difficult business environment.
Recto warns govt agencies of fund realignment
By Roderick T. dela Cruz
The National Economic and Development Authority has warned about the possible realignment of funds from agencies that will fail to use their budget efficiently in the first half of 2009.
Bataan coal plant gets equity infusion
By Alena Mae S. Flores
GN Power Ltd. has tapped Sithe Global Power LLC, General Electric Energy Financial Services and Denham Capital Management to infuse equity into its P44-billion, 600-megawatt coal plant in Mariveles, Bataan.
Swiss company says Octon oil work tied to Galoc field
Vitol GPC Investments S. A. of Switzerland is waiting for developments at the Galoc oil field before proceeding with its additional work program at the Octon field in offshore northwest Palawan.
CA dismisses BayanTel petition vs Extelcom
The Court of Appeals has dismissed the petition of Bayan Telecommunications Inc. and Marifil Holdings Inc. questioning the rehabilitation plan of Express Telecommunications Co. Inc. and seeking to stop its implementation.
By Victor C. Agustin
IT looks like there is no stopping importer-turned-retailer Lucio Co from his aggressive mall expansion.
Co has leapfrogged from his Pampanga and Metro Manila base right into the heart of Ilocoslovakia, where, according to the grapevine, his Bellagio Holdings has secured approval to demolish the 1920s-era Laoag Central Elementary School and build a Puregold mall on the property despite opposition from conservation advocates.
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