MANILA - Customers of power distributor Manila Electric Co. (Meralco) will see a 25-centavo per kilowatt hour (kWh) increase in their bills this month following a hike in the cost of power from generators.
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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 - Presidential Adviser on Economic Affairs Albay Gov. Joey Salceda fears the existing Executive Order 839, which places a price cap on fuel products in Luzon, will affect investor sentiment in the Philippines.
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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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With financial jargons leaping from business pages to front page headlines, here's a guide to understanding the current US financial crisis better.
