March 27, 2017, 6:35 pm
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Business

Ayala ramps up RE portfolio

By Ruelle Albert Castro | March 27, 2017
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Ayala Corp. expects to ramp up its renewable energy (RE) holdings   in the next four years as the company pushes to raise its attributable power portfolio to 2,000 megawatts (MW) from the current 1,300 MW. 
 

Koch brothers move into electr

by Reuters on September 11, 2013
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NEW YORK - Privately owned Koch Industries will buy Molex Inc a maker of electronic connectors for companies including Apple Inc, for about $7.2 billion to give the billionaire Koch brothers a way to diversify from their traditional holdings in energy, chemicals and paper.

SM loses bid to stop ALI-Negro

September 11, 2013
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SM Prime Holdings Inc.  failed to convince the Commission on Audit  to recall its September 21, 2012 ruling approving two property deals between the Provincial Government of Negros Occidental and Ayala Land Inc.

Icahn ends battle for control

by Reuters on September 11, 2013
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NEW YORK - Carl Icahn ended his months-long effort to block Michael Dell’s $25 billion offer to take Dell Inc private, smoothing the way for the largest buyout since the financial crisis.

Malaysia’s Petronas exiting Ve

by Reuters on September 11, 2013
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KUALA LUMPUR - Malaysian oil company Petronas said it is exiting one of the biggest petroleum projects in Venezuela’s Orinoco belt, after what sources close to the venture and within the firm said were disagreements with Venezuelan authorities and state-run PDVSA.

NGCP gets go-ahead on P7-B pro

September 11, 2013
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The National Grid Corp. of the Philippines (NGCP) has received the green light from the Energy Regulatory Commission (ERC) to proceed with the development and construction of a number of transmission and substation projects worth nearly P7 billion.

Pawnshops hit paydirt as South

by Reuters on September 11, 2013
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SINGAPORE/BANGKOK - Faced with rising living costs and unable to wait until pay day, growing numbers of Southeast Asians are putting their gold jewelry and designer watches in hock, creating a boom in pawnshops across Singapore, Malaysia, Thailand and Vietnam.

Tests on Gulf oil “superskimme

by Reuters on September 11, 2013
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NEW ORLEANS - Tests on a supertanker adapted to skim large quantities of oily water from the surface of the Gulf of Mexico are inconclusive because of high seas, ship owner TMT Shipping Offshore said on Monday.

Deal on Bataan freeport leisu

September 11, 2013
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The Authority of the Freeport Area of Bataan (AFAB) and property developer LKY Group have signed an agreement on the establishment of FAB Leisure Hub project that will develop the Freeport Area of Bataan (FAB) into a leisure hub and complete lifestyle community.

BOJ board urged fiscal reforms

by Reuters on September 11, 2013
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TOKYO - Bank of Japan policymakers expressed confidence their aggressive monetary stimulus was working and urged the government to promote fiscal reforms to keep unwelcome bond yield rises in check, minutes of the central bank’s August rate review showed.

PH stocks track regionwide upt

September 11, 2013
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The Philippine stock market joined other Southeast Asian markets in trading firmer yesterday closing at two week high following Jakarta’s gains. 
 
The markets were more upbeat as  global economic outlook looked better after China’s upbeat exports data and receding fears of a U.S. military strike on Syria.

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Front Page

Column of the Day

Duterte immobilized

By DODY LACUNA | March 24,2017
695 View(s) 0 Comment(s)
‘He should deter the AIDS outbreak victimizing the youth whom he has pledged to protect always.’

Opinion of the Day

Reviving Laguna de Bae (2)

By DAHLI ASPILLERA | March 27, 2017
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‘Industry and residents must be disciplined; penalized. “We are doing all these for the local subsistence fishermen.” – Jaime Medina, LLDA general manager.’