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Philippine company buys meat-alternative producer Quorn
LONDON, United Kingdom – Philippines-based consumer goods company Monde Nissin Corporation has bought British meat-alternative food producer Quorn for £550 million (P38.93 billion) as it looks to grow...
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GMA: ABS-CBN TVPlus complaints not related to Eat Bulaga signal loss
MANILA, Philippines – GMA Network, Incorporated on Friday, October 2, clarified that the ABS-CBN TVPlus complaints from some of its viewers are not related to its complaints against SkyCable...
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Cebu Pacific flights delayed, cancelled over new operations system upgrade
MANILA, Philippines (2nd UPDATE) – Budget airline Cebu Pacific has cancelled flights Friday, October 2, and advised its passengers for consequential flight delays and cancellations as it sorts the...
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6 in 10 expats integrate well in PH – HSBC survey
MANILA, Philippines – Six in 10 or 65% of expatriates living in the Philippines find it easy to fit in with their local colleagues, the results of a HSBC Holdings Plc survey released Friday, October 2,...
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PH less vulnerable to external shocks – Fitch
MANILA, Philippines – Fitch Ratings has tagged the Philippines, along with India and Vietnam as emerging economies that are less vulnerable to external shocks.Fitch Asia-Pacific Sovereigns Head Andrew...
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China, US rate hike loom over global finance summit
WASHINGTON, US – Clouds are gathering over the world's economic leaders ahead of a meeting in Peru to confront the fallout of a China-sparked commodity price crash that has rocked once-powerful...
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Metro Pacific mulls IPO for hospital business
MANILA, Philippines – Infrastructure conglomerate Metro Pacific Investments Corporation (MPIC) said it may consider listing its hospital business through an initial public offering (IPO).MPIC, under...
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Internet.org reboots: What it means for PH
MANILA, Philippines – The Internet has completely transformed the world and changed – or disrupted as tech-savvy people would say – the global economy through the power of real time communication.While...
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PLDT in talks with Globe for bilateral IP peering
MANILA, Philippines — Telecommunications giant Philippine Long Distance Telephone Company (PLDT) is in talks with rival Globe Telecom, Incorporated for an Internet protocol (IP) peering arrangement...
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#AskTheTaxWhiz: Why push for tax reform?
Dear Mr. Tax Whiz,I am a diehard #AlDub fan and I don't see anything wrong about it. But after reading your posts appealing to AlDub fans to support the call for lowering income taxes, I asked myself...
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After 46 years, InterContinental Manila to close doors
MANILA, Philippines – InterContinental Manila, one of the first 5-star hotels in the country, will be "closing soon" as the hotel management contract between AyalaLand Hotels and Resorts Corporation's...
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Uber plans APEC region expansion despite rough ride
CEBU, Philippines — San Francisco-based Uber Technologies, Incorporated plans to expand in all 21 Asia-Pacific Economic Cooperation (APEC) member-economies despite regulatory hurdles, opposition from...
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PH peso pierces back to P45:$1 level
MANILA, Philippines – The Philippine peso on Friday, October 9, gained 24 centavos and pierced the P45 to $1 level.The breach is the first time in nearly two months since the Chinese central bank...
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APEC ministers okay inclusive mobility, women leaders in transport
CEBU, Philippines – All 21 Asia-Pacific Economic Cooperation (APEC) member-economies approved on Friday night, October 10, initiatives by the Philippines pushing for women leadership in the...
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LIVE BLOG: Forbes Global CEO Conference 2015
MANILA, Philippines– The stage is set for the 15th Forbes Global CEO Conference, happening first time in the country starting Monday, October 12 until Wednesday, October 14, 2015.The annual event is...
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PH manufacturing sector recovers in August
MANILA, Philippines – Following a 3-month decline, the manufacturing sector bounced back in August 2015 due to the vigorous construction activity and high demand for automotive products, according to...
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Bloomberry group to build mixed use dev’t in Vertis North
MANILA, Philippines – Port Mogul Enrique Razon Jr.’s Sureste Properties Incorporated (SPI), the hotel and resort development arm of Bloomberry Resorts Corporation, is purchasing a 15,676-square-meter...
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Philippine firms on billion-dollar global shopping spree
MANILA, Philippines – Philippine firms are on an unprecedented global shopping spree, spending billions on everything from vineyards to food manufacturers and casinos, reflecting the nation's recent...
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Facebook's Saverin, world tycoons in Manila
MANILA, Philippines – Around 400 of the world’s top business leaders – including Pacific Century Group’s Richard Li and Facebook’s Eduardo Saverin – are in town Monday, October 12 for the 15th Forbes...
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Cherry Foodarama to reopen, now under SM management
MANILA, Philippines – SM Investments Corporation (SMIC) said in a statement Monday, October 12 that it will reopen the two branches of newly acquired Cherry Foodarama stores this week in time for the...
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