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By Eileen A. Mencias
Government’s deposits with United Coconut Planters Bank have increased to P11 billion, sources said over the weekend.
Bronze Oak eyes Tarlac, Bukidnon ethanol plants
By Alena Mae S. Flores
Bronze Oak Philippines plans to construct two bio-ethanol plants with a combined capacity of 75 million liters annually in Bukidnon and Tarlac, the company said.
Sumitomo forms local electronics firm
By Jenniffer B. Austria
Sumitomo Corp. of Japan has formed a local unit, called Sumitomo Corp. of the Philippines, to engage in manufacturing electronics and semiconductors in the Philippines.
SEC slaps P1-m fine on Splash Holdings
The Securities and Exchange Commission has slapped Splash Holdings Inc., the parent company of personal care manufacturer Splash Corp., with a P1-million fine for failure to comply with regulatory requirements.
Barclays Capital sees growth slowing to 3%
By Lawrence Agcaoili
Barclays Capital, the investment bank of London-based Barclays Bank PLC, sees the growth of the Philippine economy slowing down further to 3 percent this year due to the global meltdown.
MVP-Ramon Ang’s ‘friendly’ overtures
By Victor C. Agustin
SAN MIGUEL president Ramon Ang and PLDT chairman Manuel V. Pangilinan met one-on-one last month, prior to the spectacular run-up in the share price of the Manila Electric Co.
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