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THE board of directors of Ayala Land Inc. has approved the company’s plan to issue P5-billion worth of Homestarter Bonds, through which the property giant hopes to raise funds for its residential projects. In a meeting held on Tuesday, the board of the listed real estate blue chip approved the…

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Manila Electric Co. (Meralco) is set to acquire an additional 2 percent stake in Global Business Power Corp. (GBPC), raising its total holding in the subsidiary to 22 percent. Meralco Chairman Manuel V. Pangilinan said the company is not ruling out the possibility it may even increase its total interest…

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THE Philippine National Bank (PNB) said it is strengthening its rural banking operations to prepare for stiffer competition ahead of the Association of Southeast Asian Nations economic integration in 2015. “We are strengthening our foothold and the relations that have been built by the branches in the provinces to prepare…

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A MEMBER of the family gets ill. He is taken by an ambulance to the nearest hospital where his first stopover in a long journey to recovery is the emergency room. Needing more medical attention, the patient ends up at the hospital’s intensive care unit, known better for its acronym…

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The annual awarding ceremony for the best performing listed companies and brokerage firms has been set for November 10 this year, the Philippine Stock Exchange (PSE) said. The PSE Bell Awards for Corporate Governance is one of the cornerstone activities of the PSE to promote good governance practices among listed…

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Practitioners are inherently biased toward data and results that echo their assumptions and mirror their beliefs. They select data and information in research that promises profitable quick-fixes. Recent examples are the incorrigible consumption of erroneously contextualized business applications of Machiavelli’s The Prince and Sun Tzu’s Art of War. Blind and…

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ZAMBOANGA CITY – Two policemen were shot and killed in separate attacks in Zamboanga City, officials said Monday. PO1 Hudan Insang, 35, was driving his motorcycle when a gunman shot him several times. Insang was assigned in Isabela City in nearby Basilan province, but lived in Manicahaan village in Zamboanga…

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The Social Security System (SSS) will bid out one of its properties in Taguig City. In a press conference on Monday, SSS President Emilio de Quiros Jr. said that pension fund agency will sell its 8,300-square-meter prime land in Bonifacio Global City. De Quiros said the minimum bid price for the property…