MANILA, Nov 6 - Shares of Manila Electric Co (Meralco) <MER.PS> fell to a one-week low on Friday after First Philippine Holdings <FPH.PS> forged a $471 million deal to sell a 6.7 percent stake in...
MANILA, Nov 6 - First Philippine Holdings <FPH.PS> and Manila Electric Co <MER.PS> each fell over 7 percent in early trade on Friday after the conglomerate forged a $471 million deal to sell half of...
* Lopez clan sells half of its Meralco stake for $471 mln * Deal raises PLDT group's Manila Electric stake to 41.4 pct * Deal is via loan, call option exercisable until March 2010 MANILA,...
MANILA, Nov 5 - First Philippine Holdings <FPH.PS> said on Thursday it will sell a 6.7 percent stake in Manila Electric Co <MER.PS> to Metro Pacific <MPI.PS>, boosting the control of the PLDT group <TEL.PS>...
MANILA, Nov 5 - Power conglomerate First Philippine Holdings <FPH.PS> extended a board meeting on Thursday to decide on rival offers for its 13.4 percent holding in Manila Electric Co (Meralco) <MER.PS>. "The meeting will...
MANILA, Nov 3 - Shares of Manila Electric Co (Meralco) <MER.PS> jumped 17 percent on Tuesday, its first reaction to news that the son of the Philippines' mall tycoon Henry Sy had offered to buy...
* Hanoi may soon start talks to sell 1.5 mln T rice to Manila * Vietnam keen on extending 3-yr supply deal with Philippines * Manila looking at "indicative price" at tender before talks *...
MANILA, Oct 1 - The Philippine central bank said on Thursday it expects inflation this year to average 3.03 percent, slightly above a previous estimate of 3.0 percent. Inflation in 2010 is likely to come...
MANILA, Sept 28 - Philippine annual inflation will ikely come in at 0-0.9 percent in September, from a 22-year low of 0.1 percent in the previous month, the central bank said on Monday. "The forecast...
MANILA, Sept 24 - The Philippines, one of Asia's largest sovereign debt issuers, is looking into investor suggestions to issue global bonds this year to prefund next year's borrowing needs, Finance Secretary Margarito Teves said...