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Lepanto says in talks to sell stake to First Pac

MANILA - Lepanto Consolidated Mining Co. said on Wednesday it was in talks to sell a stake in the Philippine company to Hong Kong's First Pacific Co.

Reuters 11/18/2009 2:40 PM


RP 10-month budget gap exceeds 2009 goal

MANILA - The Philippines exceeded its 2009 budget deficit goal in just 10 months, with weak revenues and higher spending on reconstruction following strong typhoons that damaged crops and infrastructure on the main Luzon island.

abs-cbnNEWS.com 11/18/2009 2:34 PM


RP shares close 0.68% higher

MANILA- Philippine share prices closed 0.68% higher on Wednesday, with mining stocks benefiting from higher metal prices, dealers said.

Agence France-Presse 11/18/2009 12:46 PM


WB extends $405-M loan to RP for social programs

MANILA - The Philippines is set to obtain a $405-million loan from the World Bank to help improve the government's social welfare programs.

abs-cbnNEWS.com 11/18/2009 12:15 PM


SM Prime to open 4th mall in Cavite

MANILA - Sy-led mall developer SM Prime Holdings Inc. is further expanding its provincial reach as it opens its 4th branch in Cavite on Friday.

abs-cbnNEWS.com 11/18/2009 11:59 AM


Philex surges over 10% by midtrade

MANILA - Philex Mining Corp. jumped 10.7% by midsession on Monday on heavy trading as persistent market talk on a looming battle for control of the Philippines' top miner fueled volatile trade.

Reuters 11/18/2009 11:24 AM


Oil firms raise prices, fare hikes may follow

Nagsunuran na ang iba pang kumpanya ng langis sa pagtataas ng presyo ng mga produktong petrolyo. Pati presyo LPG, tataas na rin. Ang problema, may mga gasolinahang wala nang maibenta. Magba-Bandila si Cecille Lardizabal. Bandila, Martes, Nobyembre 17, 2009
 

11/18/2009 6:44 AM


Broker views lift Wall St, but retailers retreat

NEW YORK – US stocks rose to fresh 13-month highs on Tuesday as upbeat broker views on improving prospects for two Dow components offset disappointing holiday spending outlooks from Target and Home Depot.

Reuters 11/18/2009 6:43 AM


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