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By Eileen A. Mencias
Global Steel Philippines Inc., formerly National Steel Corp., has taken its creditors to a Singapore court to prevent them from declaring the company in default, banking sources said yesterday.
Lopez: Meralco sale to PLDT painful but necessary
Oscar Lopez, chairman of the Lopez Group of Companies, yesterday described the divestment of the group from the country’s largest power distributor Manila Electric Co. as painful but necessary.
Asian Logic defers venture with Leisure
By Jenniffer B. Austria
Asia-Pacific gaming group Asian Logic Ltd. has deferred plans to invest in listed Leisure and Resorts World Corp. because of adverse market conditions.
Philexim to cover stimulus projects
State-owned Philippine Export-Import Credit Agency will guarantee the P25-billion exposure of government financial institutions, like the Development Bank of the Philippines and the Land Bank of the Philippines, to government’s P330-billion fiscal stimulus plan.
Philips offers to supply 5 million fluorescent lamps
By Alena Mae S. Flores
The Philippine unit of Royal Philips Electronics of the Netherlands has offered to supply an initial five million compact fluorescent lamps to the government for its energy efficiency program.
By Victor C. Agustin
THE Panlilios of Puerto Azul fame are taking seriously the syndicated estafa case filed against them by Marcos son-in-law Gregorio Araneta III. They have to, since Araneta’s case against them is a non-bailable offense.
By Maya Baltazar Herrera
Goal motivation and satisfaction
The theory of self-concordance, or autonomous goal-setting, can trace its roots to early studies on self-determination.
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