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By Othel V. Campos
The government has identified 18,494 hectares of logged-over areas in Davao del Norte as potential site for the proposed $1-billion farm project of San Miguel Corp. and Malaysia?s Kuok Group.
Beverage company signs deal to buy 50% of Petron
San Miguel Corp. and SEA Refinery Holdings B.V. have signed an agreement giving the country?s largest food and beverage company Miguel an option to purchase the entire stake of SEA Refinery Corp., the major shareholder of Petron Corp.
Govt books P21.3b from refinery sale
By Lawrence Agcaoili
The government booked about P21.3 billion in proceeds from the sale of its 40 percent stake in Petron Corp. to London-based Ashmore Group, National Treasurer Roberto Tan said yesterday.
ExxonMobil, KL firm to drill in Sulu Sea
By Alena Mae S. Flores
Exxon Mobil Philippines, a unit of US oil giant Exxon Mobil Corp., and Mitra Energy Ltd. of Malaysia plan to start drilling operations in the deep waters of the Sandakan basin in Sulu Sea by the fourth quarter of the year.
Jollibee completes takeover of Taiwan restaurant chain
By Jenniffer B. Austria
Jollibee Foods Corp. yesterday said it completed the acquisition of a 70-percent stake in Lao Dong, a Taipei-based restaurant.
By Chin Wong
THERE?S been a lot of chatter on the Internet about the Macworld Expo this week, much of it focused on the absence of its iconic keynote speaker, Apple chief executive Steve Jobs. As you might expect, the announcement by Apple triggered rumors that Jobs, successfully treated for pancreatic cancer in 2004, might be seriously ill again. Apple?s silence on Job?s health has probably helped spark even more such speculation. One blogger for Ziff Davies, Joe Wilcox, suggests that Apple must come clean at Macworld.
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