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Hyundai eyes Didipio mine
South Korea?s Hyundai Group has expressed interest to buy into cash-strapped OceanaGold of Australia, a mining official said yesterday.
Consortium set to take over TransCo next week
By Alena Mae S. Flores
National Grid Corp. Philippines, the consortium that won a 25-year concession to operate the facility of National Transmission Corp., will take over and operate the country?s transmission by next week, a company source said.
Remittances to rise 9% despite turmoil
By Eileen A. Mencias
The Bangko Sentral yesterday said remittances will grow 6 percent to 9 percent this year and contribute to a balance of payments surplus of $500 million despite the global downturn.
BIR vows to padlock tax cheats in new drive
By Lawrence Agcaoili
The Bureau of Internal Revenue yesterday vowed to close down business establishments found remiss in the payment of taxes as part of the government?s heightened campaign against tax evaders.
Aboitiz group receives P100m in option money
By Roderick T. dela Cruz
The Aboitiz group has received P100 million from a group of investors led by Negros Holdings and Management Corp. as an option money for the purchase of a 42.2 percent stake in Aboitiz Transport Corp.
Burger King?s happy problems
First, it ran out of imported coffee creamer in sachets, because of the unexpected high demand for its brewed coffee. Then, ravenous customers wolfed down its Angus beef burgers that select stores to which the higher-end sandwich had been offered sold out even before Christmas.
Magic number
By Maya Baltazar Herrera
Monday this week, trading began afresh after over a week of holidays. Equity as well as bond values are trading modestly higher from year-end 2007 rates.
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