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By Alena Mae S. Flores
National Grid Corp. of the Philippines has committed to invest P10 billion annually in the next two to three years to improve the country’s transmission highway, a company official said yesterday.
Remittances climbed 10.5% to $15b in November
By Eileen A. Mencias
Remittances from Filipinos working abroad grew in November despite the global economic slowdown.
Universal Robina’s profits decline 94%
By Jenniffer B. Austria
Universal Robina Corp., the food manufacturing arm of conglomerate JG Summit Holdings Inc., reported a 94 percent drop in its consolidated net income for fiscal year ended October 2008 due to the absence of a non-recurring gain.
GSIS renews offer to purchase FTI property
By Lawrence Agcaoili
The Government Service Insurance System has reiterated its offer to buy the sprawling 120-hectare property Food Terminals Inc. in Taguig City for P6 billion.
First Holdings okays move to bar unfriendly directors
First Philippine Holdings Corp., the power generation unit of Lopez-owned Benpres Holdings Corp., yesterday obtained the approval of shareholders to amend the company’s by-laws to protect their interests.
Gokongweis stir up Singapore market
By Victor C. Agustin
TAIPAN John Gokongwei may be semi-retired, and his younger brother and successor, James, may be keeping himself below the media radar, but that does not stop the brothers from stirring things up in the Singapore bourse and even the Lion City’s tame media.
By Maya Baltazar Herrera
I decided to devote this week’s column to the rest of the discussion on the magic number—the amount of money you need in order to retire— and how to get there.
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