Metro Pacific tollway unit reports P549-M net income in Q1

May 18, 2012 9:49 pm· Leave a Comment 

MANILA, May 18 -Metro Pacific Tollways Corp. (MPTC), the tollway unit of Metro Pacific Investments Corp. (MPIC), reported a P549 million net income in the first quarter from P399 million in the same period last year.

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SC dismisses Cocofed's petition vs. Sandiganbayan

May 18, 2012 9:49 pm· Leave a Comment 

MANILA, May 18 – The Supreme Court (SC) has dismissed a petition filed by the Philippine Coconut Producers Federation Inc. (Cocofed) and several other petitioners against the decision of the Sandiganbayan in connection with the coconut levy funds.

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Eurozone at crossroads of "make up or break up": British PM

May 17, 2012 10:27 pm· Leave a Comment 

LONDON, May 17 — British Prime Minister David Cameron Thursday warned about the critical situation of the eurozone, and called on European leaders to sort out the present crisis.

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SM Prime Holdings eyes 5 more projects in China

May 17, 2012 10:27 pm· Leave a Comment 

MANILA, May 17 -– SM Prime Holdings has lined up five additional projects in China to further boost its operations overseas.

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Economist eyes 5.3% GDP growth for PHL in Q1 ‘12

May 17, 2012 10:27 pm· Leave a Comment 

MANILA, May 17 -– An economist projects a 5.3 percent expansion for the domestic economy in the first quarter of 2012.

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DTI Davao to meet banana stakeholders to address economic issues

May 17, 2012 10:27 pm· Leave a Comment 

DAVAO CITY, May 17 -– The Department of Trade and Industry (DTI)-Davao will convene on Friday all local banana industry stakeholders in the region to discuss the industry’s present situation.

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Business keen on PHL's TPP plan

May 17, 2012 10:27 pm· Leave a Comment 

MANILA, May 17 -– Businessmen are keen on the country's plan for the Trans-Pacific Partnership (TPP), which is led by the United States, and urged the government to conduct more information campaign about this new trading bloc.

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ADB welcomes passage of secured transactions Act

May 17, 2012 10:27 pm· Leave a Comment 

KOROR, PALAU, May 17 — The Manila-based Asian Development Bank welcomes the passing of a new Secured Transactions Act in Palau.

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Singapore stocks close 0.3% down

May 17, 2012 10:27 pm· Leave a Comment 

SINGAPORE, May 17 — The Singapore stock market finished lower Thursday, with the benchmark Straits Times Index down 8.54 points, or 0.3 percent, to close at 2,822.61.

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AGI Q1 ’12 core net income up 46%

May 17, 2012 10:27 pm· Leave a Comment 

MANILA, May 17 -– Alliance Group Inc.’s (AGI) reported a P4.15 billion core net income in the first quarter of 2012, P1.3 billion higher than its P2.85 billion in the first three months last year.

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