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By Eileen A. Mencias
East West Banking Corp., the banking unit of the Gotianun family, is beefing up its capital in preparation to obtaining a universal bank license and becoming among the country’s 10 largest banks.
4th Galoc oil shipment delayed due to repairs
The Galoc oil venture in the Philippines, which started up in October, deferred a shipment due to be delivered in early February because of a shutdown for repairs.
Billiton seeking to expand oil presence
By Alena Mae S. Flores
Australia’s BHP Billiton Petroleum Pty Ltd. is looking at farm-in agreements to increase its oil and gas presence in the Philippines, industry sources said.
Premiere Entertainment eyes Korea listing
By Jenniffer B. Austria
Premiere Entertainment Philippines Inc. plans to list its shares in the Korean Stock Exchange.
P26b worth of infrastructure projects completed in ’08
By Roderick T. dela Cruz
The government has completed P26 billion worth of infrastructure projects in Luzon as of December last year, said a Cabinet official in charge of the Luzon Urban Beltway super region.
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