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Faster review of some M&As allowed June 18, 2019

THE PHILIPPINE Competition Commission (PCC) is allowing faster review of certain merger and acquisition (M&A) deals that are “less likely to substantially prevent, lessen, or restrict competition” in the market.

ADB to work closely with WB on PHL projects June 18, 2019

THE Asian Development Bank (ADB) will work closely with the World Bank (WB) in developing projects for the Philippines and other countries in the Asia and Pacific region, responding to a call made by the Department of Finance (DoF) earlier.

Local property mart ready for REITs June 18, 2019

THE Philippine property market is well-prepared for the introduction of real estate investment trusts (REITs), as demand for more office spaces, residential projects, and commercial centers complements regulatory authorities’ willingness to amend rules that initially hampered its implementation.

Asia equities now on a wobbling foundation June 18, 2019

THE PILLARS of Asia’s stock markets are shaking: Sentiment is fragile, valuations are not all that cheap and earnings forecasts continue to decline.

Aboitiz plans to issue more bonds in next 2 years June 18, 2019

ABOITIZ Equity Ventures, Inc. (AEV) plans to issue more bonds once it locks in acquisition prospects in the next two years, following the completion of its P5-billion fixed rate bond offering yesterday.

Play says ‘No’ to violence against LGBT June 18, 2019

IN RECENT weeks, a photo of the bloodied faces of Melania Gaymonat and her girlfriend Chris went viral online. While on a bus ride in the early hours of May 30 in London, the women were attacked by a group of young men for refusing their demand to kiss each other. “They started beating me, […]

Multisys ready to expand overseas June 18, 2019

SOFTWARE development and IT solutions provider Multisys Technologies Corp. is preparing to expand to three countries before the end of the year.

‘Poor Little Rich Girl,’ fashion icon, heiress Gloria Vanderbilt, 95 June 18, 2019

IS IT possible for anyone to truly have it all? Gloria Laura Vanderbilt; socialite, artist, writer, and designer, died in her Manhattan home in June 17, 2019 aged 95. The life she led sought to answer the question.

Eagle Cement’s Cebu facility faces delays June 18, 2019

EAGLE CEMENT Corp. said the opening of its facility in Malabuyoc, Cebu will be delayed, as it encountered problems in getting necessary permits for its construction.

RCBC, thrift arm secure BSP’s okay for merger June 18, 2019

THE MERGER of Rizal Commercial Banking Corp. (RCBC) and its thrift banking subsidiary, which is intended to reduce operating costs and consolidate the lender’s retail base, has been approved by the central bank.