Philippine Business Directory

Global swine flu toll reaches 16,713—WHO

Fri, 12 Mar 2010 14:36:56 +0000

GENEVA—Swine flu has claimed at least 16,713 lives around the world since it was first uncovered in Mexico and the United States last April, the World Health Organization said Friday.

Verzosa decries murder raps vs cops in Parañaque shootout

Fri, 12 Mar 2010 09:12:33 +0000

Philippine National Police Director General Jesus Verzosa on Friday defended the 25 policemen who were indicted for the death of a seven-year-old girl and her father during a shoot-out with alleged robbers in Parañaque City more than a year ago.

Short-lived Tesda chief gets new job at Palace

Fri, 12 Mar 2010 09:12:31 +0000

The newly appointed director general of the Technical Education and Skills Development Authority (Tesda) has been re-appointed to another office and Malacañang is taking its time to explain why.

No country will sell fuel to Bataan nuke plant, says research exec

Fri, 12 Mar 2010 09:12:28 +0000

Reviving the Bataan Nuclear Power Plant today or building new nuclear facilities would be the quickest solution to the shortage of electricity most felt in Mindanao and make power rates attractive to investors, according to Department of Energy officials here.

Brownouts loom on Pacquiao weekend

Fri, 12 Mar 2010 09:12:25 +0000

As Filipinos nationwide prepare to watch the Manny Pacquiao-Joshua Clottey match on Sunday on whatever medium available, the power sector scrambles to ensure that there will be enough electricity to keep TV sets, computers and cinema screens alive up to the very last round.

SM Purefoods chalks up P2.7-B in net profits

Fri, 12 Mar 2010 06:03:36 +0000

San Miguel Purefoods Corp., the food unit of the San Miguel group, chalked up a record P2.7 billion in net profits in 2009, up 17-fold over the P149 million bottom line posted in the same period the previous year despite a domestic economic slowdown and the sluggish markets.

San Miguel willing to sell 27% stake in Meralco

Fri, 12 Mar 2010 06:03:33 +0000

Diversifying conglomerate San Miguel Corp. is willing to sell its 27 percent stake in the country’s largest power retailer Manila Electric Co. “at the right price,” company chair Eduardo Cojuangco Jr. said on Friday.

Peso recovers from fall, ends at 45.6 against the dollar

Fri, 12 Mar 2010 06:03:31 +0000

The peso closed stronger Friday, quickly recovering from the fall seen the previous day and reinforcing projections that the local currency will relatively be strong in 2010 amid improved investor sentiment.

Pacquiao to follow Hoya fight blueprint

Fri, 12 Mar 2010 06:03:28 +0000

GRAPEVINE, Texas—Manny Pacquiao will be tracing the Oscar De La Hoya blueprint when he stakes his World Boxing Organization welterweight crown against Joshua Clottey on March 13 at the Cowboys Stadium in Arlington, Texas.

GenSan cancels live showing of Pacquiao fight

Fri, 12 Mar 2010 06:03:26 +0000

Residents here, who are excited about watching Manny Pacquiao’s fight with Joshua Clottey on Sunday but could not afford to pay, were exasperated to learn that the city government has decided to cancel the live airing of the fight due to uncertain power supply.