The most valuable company in the Philippine Stock Exchange index has sealed a $1-billion loan deal with the country’s largest bank, adding considerable firepower to its global expansion drive.
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This evasive politician’s moves are among the most closely watched in the nation, and the stock market is no exception.
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Japanese trading giant Mitsubishi Corp. has struck a P44.5-billion share deal with Ayala Corp., reshaping one of the Philippines’ longest-running corporate alliances.
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For years, the Philippines has relied on workers going abroad and jobs sent here from overseas. Tycoon Ramon Ang is betting the next wave of growth will come from foreign tourists arriving instead.
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The GCash initial public offering (IPO) is about to get a lot more exciting.
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Philippine Amusement and Gaming Corp.'s long-awaited regulatory overhaul is nearing a key milestone, clearing the way for the privatization of its commercial casino operations that could generate “P20 billion to P30 billion” in proceeds for the government.
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ABS-CBN Corp. is preparing another painful round of layoffs as the media company races to stabilize its finances and rebuild its business after fresh capital was infused by new investors.
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The next generation of companies on the Philippine Stock Exchange could look very different from the one investors know today.
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CEBU CITY—Her love for tableya began while growing up in the mountains of Balamban in western Cebu. Now, that passion has taken her around the world.
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