Globe plans P3B loan from local banks Inquirer | MANILA, Philippines--GLOBE TELECOM INC. MAY borrow another P3 billion from local banks to supplement the company's budget requirements for the year. | But the company said it was unlikely to raise money by selling debt paper to retail investors this year as rising interest rates make bond floats m...
Licht revises up sugar deficit to 8 mln T in 09/10 The Guardian * Licht sees higher sugar deficit at 8 mln T * Lichts expect NY sugar to hover at 30 cents in Feb-March (Adds quotes, graphics) By Manolo Serapio Jr MANILA, Feb 3 (Reuters) - Analyst F.O. Licht revised up its estimate of a global sugar deficit to around 8 million tonnes in the crop year to September...
Licht revises up sugar deficit to 8 mln T in 09/10 The Guardian * Licht sees higher sugar deficit at 8 mln T * Lichts expect NY sugar to hover at 30 cents in Feb-March (Adds quotes, graphics) By Manolo Serapio Jr MANILA, Feb 3 (Reuters) - Analyst F.O. Licht revised up its estimate of a global sugar deficit to aro...
Hometown is first stop of Arroyo 'cyber corridor' tour Inquirer | MANILA, Philippines—President Macapagal-Arroyo picked her home province as the first stop of her tour around the country's Cyber Corridor to talk about her administration's legacy. | Ms Arroyo on Monday afternoon motored to the Angeles University F...
Small oil players slash fuel pump prices Monday Inquirer | MANILA, Philippines – SEAOIL Philippines, Flying V Philippines and Eastern Petroleum Philippines have slashed prices of diesel and kerosene by 75 centavos a liter, and of gasoline by 50 centavos a liter, effective 12:01 a.m. Monday (February 1). | ...
Toyota Motor Philippines Corp. tops 600,000 unit sales level The Daily Tribune | 01/19/2010 | Two years after hitting the half million units sold mark, Toyota Motor Philippines Corp. (TMP) has once again reached another milestone last Dec. 7, 2009 with cumulative sales of 600,000 units since the start of its operations in 1988....
WN / Yolanda Leyba
UPDATE 1-Manila electronics grp sees 2010 exports jump The Guardian * Industry group sees 10-15 percent exports growth in 2010 * Demand strong in first half, factories re-hiring people * Demand coming from laptops, netbooks, LED TV makers (Adds com...
Bourse to list firms if 10% stocks traded The Daily Tribune | 02/01/2010 | The Philippine Stock Exchange (PSE) has reinstated a rule requiring listed firm or those seeking to trade at the stock market to meet a minimum 10 percent public float. | The Minimum Public Ownership (MPO) rule has passed through various debates across the terms of various boards of directors of the PSE until 2005 when the rule was r...
Karachi grinds to a halt after fatal blasts Asia Times | By Syed Fazl-e-Haider | KARACHI, Pakistan - Business in Karachi, Pakistan's commercial capital, ground to a halt at the weekend after at least 33 people were killed and over 100 injured in two explosions on Friday. The city of 18 million people houses the main stock exchange, central bank and offices of multinational corporations. | Businessmen w...