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    Indo-Pacific trade deal prospects dim as 2024 US election year politics loom

    The Biden administration has vowed to continue negotiating an ambitious Asia trade deal, but election-year pressures and resistance to tough commitments from some countries make a deal unlikely, trade experts and business groups say.

    SMEs that digitalize payment will see increased efficiency, savings: BSP exec

    Small and medium-scale enterprises (SMEs) stand to gain several benefits if they digitalize their payment processing, among them increased business efficiency and lower expenses,...

    Regulator clears Robinsons Retail’s acquisition of Rose Pharmacy Inc.

    Robinsons Retail Holdings Inc. said Friday the Philippine Competition Commission has cleared the acquisition by its unit, South Star Drug Inc., of the entire shareholdings of Rose Pharmacy Inc. 

    First Gen secures LNG supply for 4 Batangas power plants

    First Gen Corp. said Friday it has concluded the international tender for around 154,500 cubic meters of liquefied natural gas that will fuel four gas-fired power plants in Batangas.

    Mandatory engine inspections compel Cebu Pacific to consider wet aircraft leases

    Cebu Pacific on Tuesday bared considering a wet lease agreement with aircraft charter company Bulgaria Air as the number of grounded aircraft with engine issues around the globe steadily rises. 

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    Aboitiz signs P7.4B deal for Olongapo solar project

    Aboitiz Renewables Inc., through its wholly-owned subsidiary AP Renewable...

    Globe secures P5B loan from Bank of Commerce to fund capex

    Globe Telecom Inc., the telecom and financial technology company of the Ayala Group, said it has signed a P5 billion term loan facility with Bank of Commerce to support its ongoing capital expenditures, debt refinancing, and other general corporate requirements.

    DoubleDragon launched P10.9B retail bond offer

    Listed property developer DoubleDragon Corp. on Thursday officially launched the public offering of its 7.7% fixed-rate retail bonds, following regulatory approval from the Securities and Exchange Commission.

    Paramount Skydance eyes Warner Bros in megadeal

    Paramount Skydance is preparing a bid to acquire Warner Bros. Discovery, according to a report by The Wall Street Journal, a megadeal that could potentially alter the entertainment industry.

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