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PSEi hits new highs but trims gains

Riding on upbeat regional markets, the local stock barometer retested the 8,900 mark and touched new intra-day highs on Tuesday before trimming gains at close. (21-0)

MPIC signs P8-B loan facility

2018-01-12 beta.philstar
MANILA, Philippines — Metro Pacific Investments Corp. (MPIC) has signed a syndicated  term loan facility amounting to P8 billion. (20-0)

Decision on Bulacan airport seen this month

The National Economic and Development Authority’s Investment Coordination Committee (ICC) will decide this month whether or not it will green-light San Miguel Corp.’s proposed airport project in Bulacan. (22-0)

Dinner with Du30

2017-12-20 philstar
No, it’s not me who will be having dinner with the President but the country’s taipans and tycoons. (2-0)

MPIC secures P10-B loan for capex

2017-12-20 philstar
MANILA, Philippines — Metro Pacific Investments Corp. (MPIC), the tollways and infrastructure conglomerate chaired by tycoon Manuel V. Pangilinan, has secured P10 billion worth of loans from two local banks for its projects. (22-0)

NAIA super consortium to submit proposal next year

2017-12-10 philstar
MANILA, Philippines — The super consortium of seven conglomerates seeking to develop the Ninoy Aquino International Airport (NAIA) is now preparing its ambitious proposal and expects to formally submit it next year. (36-3)

Tycoons confirm Naia rehab bid

Seven of the country’s biggest conglomerates confirmed they were looking at rehabilitating and redeveloping the Ninoy Aquino International Airport— the strongest signal yet from the private sector on the pressing need to upgrade the country’s busiest air gateway. (22-0)

LT Group income up 9% in 9 months

2017-11-11 philstar
MANILA, Philippines — LT Group Inc. (LTG), the holding company of taipan Lucio Tan, grew its nine-month net income by nine percent to P6.83 billion, driven by its tobacco business. (5-0)

More holding firms turn in positive results

2017-11-10 bworldonline
FIVE MORE conglomerates reported favorable results on Friday, firming a generally positive picture of listed holding companies in the third quarter and the nine months to September. (52-0)

Credit Suisse: Family-controlled companies continue to dominate Philippine business landscape

2017-11-04 philstar
MANILA, Philippines — Family-owned companies continue to rule the Philippine business scene with the country placing 11th globally in terms of number of firms run by clans, according to a report by the Credit Suisse Research Institute. (8-0)

Family-run firms still dominate Philippine business

2017-11-04 bworldonline
FAMILY-OWNED companies continued to dominate the Philippine business landscape, according to a report by Credit Suisse Research Institute that showed the country ranking 11th globally in terms of number of family-run firms. (8-0)

Stocks resume upward trend

2017-10-20 philstar
MANILA, Philippines — Share prices recovered yesterday after profit taking prevailed on Wednesday, which in turn capped the market’s winning streak. (12-0)

Indonesia falls on foreign selling, Philippines pulls back from record

2017-10-11 themalaymailonline
Against the trend, Thai stocks climb as much as 0.7 per cent to a fresh 24-year high. — Reuters picSINGAPORE, Oct 11 — Indonesian shares fell today as foreign investors turned net sellers ahead of the release of the US Federal Reserve's September meeting minutes, while Philippine shares hit a fresh record before paring the gains. (2-0)

SyCip passing leaves companies scrambling for board replacement

2017-10-09 philstar
MANILA, Philippines — The death of Washington SyCip, hailed as one of the old guards of the country’s economy, has left a number of companies scrambling to fill up the vacuum in their boards. (9-1)

Build Build Build for our country’s prosperity

2017-10-04 philstar
In establishing inclusive growth in the country, it is vital to foster excellent relations with stakeholders who will work together to create programs to achieve the common goal. Good thing to have a government that is eager to deliver results to its constituents. (20-3)