Alliance Global to tap debt market for Fundador purchase-

Kingson Sian, president of Emperador's parent firm Alliance Global Group Inc., tells ANC Business Nightly that they will tap the debt market for the P13.8-billion purchase of Spain's Fundador Brandy.Full article

Top Stories

What Fundador deal means for Emperador

As of 12/02/15 6:06 AM
Olivia Limpe-Aw, president of the Distilled Spirits Association of the Philippines - which has nine member-companies including Emperador, explains the impact of Emperador's P13.8-billion purchase of Spain's Fundador Brandy and three other international liquor brands.  Full article

Mitsubishi PH plans 17 pct output hike next year

As of 12/01/15 6:05 PM
MANILA - The Philippine unit of Japan's Mitsubishi Motors Corp 7211.T said on Tuesday it plans to increase local production by 17 percent next year on expectations of strong demand during an election season. Full article

IMF gives China's currency prized reserve asset status

As of 12/01/15 4:07 PM
The International Monetary Fund admitted China's yuan into its benchmark currency basket on Monday, in a victory for Beijing's campaign for recognition as a global economic power. Full article

Lucio Co's Cosco nets P3-B in Jan-Sept

As of 12/01/15 2:51 PM
MANILA - Cosco Capital Inc. of businessman Lucio Co posted an 18 percent increase in its nine-month profit this year. Full article

'Santa rally' seen for PH shares

As of 12/01/15 2:19 PM
Rafael Supangco, head of research at Angping & Associates Securities, shares his outlook for the Philippine Stock Exchange in December. Full article

Understanding the workings of GOCCs

As of 12/01/15 12:51 PM
Government-owned and controlled corporations (GOCC) are required by law to remit at least 50 percent of their income as dividends to the national government. Full article

Philip Morris to expand brand portfolio in PH

As of 12/01/15 11:46 AM
MANILA - Philip Morris Fortune Tobacco Corp. (PMFTC) Inc. plans to grow its portfolio in the Philippines. Full article

Mitsubishi denies Montero Sport 'defective,' 'unsafe'

As of 12/01/15 11:12 AM
MANILA - Mitsubishi Motors Philippines Corp. denied on Tuesday that the Montero Sport is "defective" and "unsafe" amid complaints of several owners of sudden unintended acceleration. Full article

Andrew Tan's Emperador buys Fundador

As of 12/01/15 10:31 AM
MANILA - Emperador Inc., through its company Grupo Emperador Spain S.A., has acquired Fundador Brandy and three other brands from Beam Suntory in an "all cash" deal. Full article

600 kilo ng kontaminadong karne, nasabat sa Novaliches

As of 12/01/15 9:28 AM
Aabot sa 600 kilo ng kontaminadong karne ang nasabat ng mga awtoridad sa anim na magkakadikit na palengke sa Novaliches. Full article


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