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The Philippines plans to issue $1.5 billion in global bonds this year to finance increased government spending and a widening budget deficit, according to Treasurer Roberto Tan.
Meralco asks PSE again to lift trading suspension
By Alena Mae S. Flores
Manila Electric Co. has reiterated its appeal to the Philippine Stock Exchange to lift the suspension of trading on its 1.1 billion shares, saying the move has caused ?grave, irreparable damage and losses? to the company.
Malampaya gas partners remit P13b to Treasury
By Lawrence Agcaoili
The government has received P13 billion in royalty payments from the owners of the $4.5-billion Malampaya natural gas project, led by Shell Philippines Exploration BV and ChevronTexaco.
DMCI wins Raffles-Fairmont hotel deal
By Jenniffer B. Austria
DMCI Holdings Inc. of the Consunji family said yesterday that its unit bagged a P4.9-billion contract to build the plush Raffles Suites and Residences and Fairmont Hotel in Makati.
Favila set to review projects eligible for $2-b China funding
By Elaine Ramos Alanguilan
Trade Secretary Peter Favila will review the list of projects to be funded by a $2-billion facility from the Chinese government.
By Victor C. Agustin
THE Aboitiz clan, Cebu?s counterpart to Manila?s Zobel de Ayala, announced yesterday a leadership and generational change within the family empire, following the mandatory retirement of Jon Ramon Aboitiz as president and chief executive of the Aboitiz Equity Ventures.
By Gerry Geronimo
As IT is in beginning a prayer, so it is in welcoming the New Year: giving thanks is at least good form, if not a surefire method of storing up of a merit or two in heaven. Hence, this start-of-the-year expression of my appreciation of those who have bothered to read me as well as of those who were bothered enough by what they had read to candidly and frontally made known their dissent.
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