By Jenniffer B. Austria
Manila Water Co. Inc., a unit of Ayala Corp., yesterday said the decision of regulator Metropolitan Waterworks and Sewerage System to defer rate hikes until next year will affect its capital expenditure program and reduce its ability to provide services to Metro Manila residents.
Holcim spares RP after cutting 3,300 jobs worldwide
By Elaine R. Alanguilan
Holcim Philippines Inc. has committed to preserve jobs and resume the operations of its Lugait cement plant in Mindanao once domestic demand improves.
BSP eases forex rules, hikes bank penalties
The Bangko Sentral will allow banks to borrow overseas without its approval and tighten monitoring of foreign-debt payments, measures that may help boost foreign exchange inflows and limit outflows.
BayanTel, Multi-Media Telephony sign co-branding deal
By Roderick T. dela Cruz
Bayan Telecommunications Inc. said it has forged a co-branding agreement with Multi-Media Telephony Inc. that allows the two companies to share facilities and revenues.
SC upholds Oriental Peninsula claims
The Supreme Court has upheld the claim of Olympic Mines and Development Corp. and its successors-in-interest over a 2,200-hectare mine site in Palawan.
|
||||||||||||