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Losses force CNN Ph to end nine-year broadcast
CNN Philippines on Friday said it is ending its operations in the country after nine years due to financial losses.
Vista Land plans new borrowings to refinance debt, fund investments
Vista Land & Lifescapes, Inc., the property group of billionaire and former Senate President Manuel Villar, said Friday it has mandated DBS Bank Ltd. and HSBC...
IMF says ‘not yet there’ on need for systemic approach to high debt
The International Monetary Fund still favors a case-by-case approach to dealing with sovereign debt issues, but is closely monitoring developments to ensure it is prepared if a more systemic approach is needed, a top official said on Thursday.
India rates spring to record highs on dwindling supplies, firm demand
Rates of parboiled rice exported from top hub India advanced to record highs this week on limited supplies and steady demand from Asian and African buyers, while prices eased in Vietnam and Thailand.
P2 billion cost savings from measures ahead of hot months
Guidelines implementing a government-wide energy saving program is seen generating an estimated P2 billion, the Department of Energy (DOE) said on Thursday. The guidelines implementing Administrative Order 15 signed earlier by President Ferdinand Marcos Jr. should be out the latest by mid-February.
