Philippine Long Distance Telephone Co. (PLDT) has no plans of renewing an offer to acquire a stake in television broadcast firm GMA Network Inc., which is currently being courted by businessman and PLDT rival Ramon S. Ang of San Miguel Corp.
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A Palace official on Thursday claimed there are no more unusual increases in the prices of rice and garlic.
MANILA, Philippines – Net foreign direct investments surged 300 percent in April, data from the Bangko Sentral ng Pilipinas showed.
Philippine exports rose at a faster rate in May, bolstering the expectation that global demand for locally made goods would remain strong for the rest of the year.
Last week, we advised a reader caught in a family business conflict: He and three other siblings are professionals and they pay for the household and medical bills of their parents. Another sibling is unemployed but helps the mother with chores, while the eldest brother X works in the family retail business. However, he […]
The Asia-Pacific Economic Cooperation (Apec) remains optimistic that the planned free trade deal covering its 21 member-countries, which include the Philippines, would push through and provide a boost amid a projected slowing in the region’s economy over the medium term.
Sad, but true, the Philippines lags behind its neighbors in attracting foreign investments that stay for the long haul and create meaningful jobs for Filipinos.
US stocks surged Monday on the back of a rebound in technology stocks, helped by Janet Yellen’s assurance the Federal Reserve will continue to support the economy.
The Manila Electric Co. (Meralco) has reduced its proposed power rate increase for January to about a tenth of the original, following a recalculation ordered by the Energy Regulatory Board of the unusually high electricity spot market rates late last year.