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Business Specials
Corporate governance issues haunt PSE
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.
By Judith Balea, abs-cbnNEWS.com 10/29/2009 4:09 PM
SEC bars PSE from halting trade of Benguet shares
MANILA – The Securities and Exchange Commission (SEC) intervened in the Philippine Stock Exchange’s (PSE) decision to implement a trading halt on the shares of Benguet Corporation.
By Lala Rimando, abs-cbnNEWS.com/Newsbreak 10/27/2009 1:00 PM
Agriculture is most watched among typhoons’ damage tally
MANILA - When a supertyphoon batters a country, observers usually follow the tally of damages and focus on one or two that hints where the general economy is headed. Here in the Philippines, one of the most watched is the typhoons’ impact on agriculture, especially on rice crops.
By Lala Rimando, abs-cbnNEWS.com/Newsbreak 10/14/2009 1:27 AM
RP firms face man-made, natural crises
MANILA - Just when they thought that they were saddled enough by the effects of the economic crisis, a number of Philippine firms had to endure the impact of natural calamities on their day-to-day operations.
By Karen Flores, abs-cbnNEWS.com 10/10/2009 8:11 AM
RP property sector on way to recovery
MANILA - After experiencing some softening due to the global financial and economic debacle, the real estate industry is starting to make a turn for the better.
By Judith Balea, abs-cbnNEWS.com 09/28/2009 1:40 AM
Sy, Villar, Marcos allies in RP's 40 richest—Forbes
MANILA - The recent Forbes Asia magazine’s accounting of the wealth of the Philippines’ 40 richest people just might be an indication of economic recovery. Published last August 25, Forbes Rich List showed that the total networth of the country's wealthiest has reached $16.4 billion, higher than last year's $14.2 billion.
By Lala Rimando, abs-cbnNEWS.com/Newsbreak 08/28/2009 1:40 AM
From prey to predator, Philamlife strikes deal with Ayala
MANILA - The new deal between the country’s largest life insurer, Philippine American Life and General Insurance Company (Philamlife), and one of the country’s universal banks, the Bank of the Philippine Islands, is significant not only because the country’s largest financial players are involved, but also because it signifies a major turnaround in the fate of Philamlife.
By Lala Rimando, abs-cbnNEWS.com/Newsbreak 08/26/2009 9:59 PM
Where did RP debt go?
Of all the post-Marcos administrations, President Arroyo contributed the most to the country's total debt of P4.2 trillion. The finance secretary said the additional debts were necessary. Amid lavish dinners and frequent overseas travels, her critics believe otherwise.
By Judith Balea, abs-cbnNEWS.com 08/22/2009 9:33 PM