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Business
Pre-need plan sales down by 25% in Jan-Aug
MANILA - Demand for pre-need plans remain on the decline as the public continues to shy away from such products.
BusinessWorld 11/20/2009 2:14 AM
Ang hopes to bag SSS stake in Philex
MANILA - The president of diversifying conglomerate San Miguel Corp. is still hoping that he will be able to acquire the Social Security System’s 22-percent stake in Philex Mining Corp. sooner than later.
By Mary Ann Ll. Reyes, The Philippine Star 11/20/2009 2:09 AM
Cigarette stamps proposal not a done deal - Teves
MANILA - The proposal of Swiss firm SICPA Product Security SA to provide security stamps on cigarettes is not a done deal, Finance Secretary Margarito Teves said yesterday, assuring lawmakers that there was nothing final yet.
By Iris C. Gonzales, The Philippine Star 11/20/2009 2:03 AM
Firms urged to collaborate in CSR
MANILA - Companies should tie up with other organizations and even their competitors to boost the impact of corporate social responsibility (CSR) programs, speakers at the Asian Forum on CSR yesterday said.
By Jessica Anne D. Hermosa, BusinessWorld 11/20/2009 1:59 AM
BPI names Gil Buenaventura as COO
MANILA - Ayala-led Bank of the Philippine Islands (BPI) on Thursday said its board has appointed Gil Buenaventura, who is currently senior executive vice president, as chief operating officer effective January 1, 2010.
By Erik dela Cruz, Business Mirror 11/20/2009 1:51 AM
Ongpin's Alphaland eyes backdoor listing
MANILA - Alphaland Development Inc., a company controlled by London-based Ashmore Group and former trade minister Roberto Ongpin, is eyeing to conduct backdoor listing at the Philippine Stock Exchange (PSE) via a share swap with Macondray Plastics Inc.
abs-cbnNEWS.com 11/19/2009 8:48 PM
SM plans to list China mall unit
MANILA - SM Prime Holdings Inc., the mall development arm of tycoon Henry Sy, is planning to list its wholly-owned unit which will eventually handle all of the SM group's mall operations in China.
abs-cbnNEWS.com 11/19/2009 8:10 PM
PDIC chief wants to simplify claims processes
MANILA - The unprecedented spate of closures of Legacy banks last year has prompted the Philippine Deposit Insurance Corp. (PDIC) to review and simplify its claims processes.
abs-cbnNEWS.com 11/19/2009 7:05 PM