MANILA - The APEC Business Advisory Council (ABAC) is urging the leaders of Asia and the Pacific to include the ''neglected'' issue of international labor mobility in their summit agenda when they meet in Singapore next weekend, saying the issue is ''increasingly critical'' to APEC economies.
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MANILA – While the Philippine Stock Exchange (PSE) has grand visions of playing a role in guiding listed firms into corporate governance stature, recent incidents at the bourse show it is having trouble keeping its own house in order.
Seven years of perfecting the art of selling and negotiating in the world’s snobbiest region were not enough to prepare Junie del Mundo to the tumble and mumble of running his own business back home.
MANILA - As expected, the Bangko Sentral ng Pilipinas (BSP) has decided to keep its interest rates steady even as consumer prices rose to a 5-month high in October.
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MANILA - Philippine shares are likely to rise next week due to positive earnings reports by listed companies for the three months to September, dealers said Friday.
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MANILA - Ayala-led Globe Telecom Inc. reported a net income of P9.9 billion for the first 9 months of the year, 12% higher than last year's P8.8 billion.
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MANILA - The Philippines' main buffer against foreign exchange shocks hit a fresh record high in October.
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MANILA - An Ongpin-led firm has bought 50 million new shares in Philex Mining Corp., the country’s largest miner.
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MANILA - Metro Pacific Investment Corp. (MPIC) said Friday it would issue P12 billion ($252.8 million) worth of notes to fund the purchase of a 6.7% stake in Manila Electric Co. (Meralco).
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With financial jargons leaping from business pages to front page headlines, here's a guide to understanding the current US financial crisis better.
