Philippine Updates
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Denny’s and Texas Roadhouse to Open in Manila
The Bistro Group is set to bring three more dining brands into the Philippines. These brands include Denny’s and Texas Roadhouse. The entry of such…
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BDO Nets Record Php25.1 Billion
BDO Unibank, Inc. grew its net income last year by a tenth. It has reached an all-time high of Php 25.055 billion in the midst…
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SM to Consolidate Retail Businesses
Henry Sy, Sr. plans on merging his retail assets under SM Retail, Inc. that will form a larger business with almost 2,000 stores in total.…
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Election Lift Expected for the Peso
It is expected that the upcoming national elections will be good news for the peso. This expectation partially comes from history, since previous elections in…
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Malaysia Eyes Philippines as Market for Raw Material
Malaysia Trade Office Commissioner Nyaee Ayup called on local producers for the exploration of opportunities in supplying raw materials to several Malaysian manufacturing companies. In…
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China Bank Net Profit Increased by 10% in 2015
For the previous year, China Bank saw its net income expand by 10%. This increase happened on the back of the company’s continued core business…
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Philippines Sees Rise of Oil and Gas Potential
The Philippines has received recognition for its global transparency initiative, which covers the gas, oil, and mining industries. The potential that these industries possess has…
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King-King Mines to Begin Operations by 2017
The operations of the King-King copper and gold project is set to begin by 2017. The project is to be developed by the National Development Corp. and…
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Treasury Bill Rates Looked Upon as Steady
Yields on Treasury bills, sometimes called T-bills, are likely to move sideways, as compared to the previously fetched rates on the back of good demand…
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7-Eleven Operator to Ramp Up Expansion in The Philippines
The licensee of the 7-Eleven chain is set to ramp up the store’s expansions throughout the country. The company is on track to reach as…
