http://www.abs-cbnnews.com/list/5/all en http://www.abs-cbnnews.com/business/02/13/12/document-fake-psbank-manager-says MANILA, Philippines - A document supposedly related to one of Chief Justice Renato Corona's alleged dollar account submitted by the prosecution is "fake," according to the manager of Philippine Savings Bank (PSBank) Katipunan Branch. http://www.abs-cbnnews.com/business/02/13/12/document-fake-psbank-manager-says#comments Business Top Stories Anabelle Tiongson corona impeachment Document fake PSBank Mon, 13 Feb 2012 15:12:16 +0000 ABS-CBNnews.com 198229 http://www.abs-cbnnews.com/business/02/13/12/lifting-interest-reserves-bad-ph-banks-moodys The Bangko Sentral ng Pilipinas move to terminate interest on reserves is creating negative pressure on credit ratings of Philippine banks, according to Moody's Investors Service. Moody's said banks face a potential decline in their net interest margin as a result of the BSP move. http://www.abs-cbnnews.com/business/02/13/12/lifting-interest-reserves-bad-ph-banks-moodys#comments Business Top Stories Bangko Sentral ng Pilipinas banking industry Moody's Investors Service News On Mon, 13 Feb 2012 09:04:35 +0000 ABS-CBNnews.com 198160 http://www.abs-cbnnews.com/business/02/13/12/fresh-oil-price-hike-looms-doe MANILA, Philippines - The Department of Energy (DOE) has alerted motorists of an impending oil price hike in diesel and gasoline anytime soon. http://www.abs-cbnnews.com/business/02/13/12/fresh-oil-price-hike-looms-doe#comments Business Section Main Story Department of Energy oil price hike transport groups Mon, 13 Feb 2012 08:31:55 +0000 By Alvin Elchico, ABS-CBN News 198157 http://www.abs-cbnnews.com/business/02/13/12/robinsons-land-sees-profits-rise-13 MANILA, Philippines - Robinsons Land Corp. said its net income for the first quarter of its fiscal year 2012 rose by 13% to P1.15 billion, on the back of higher real estate sales, hotel revenues and rental fees. http://www.abs-cbnnews.com/business/02/13/12/robinsons-land-sees-profits-rise-13#comments Business Top Stories Gokongwei Robinsons Land Corp. Mon, 13 Feb 2012 08:15:50 +0000 ABS-CBNnews.com 198156 http://www.abs-cbnnews.com/business/02/13/12/cebu-pacific-wins-intl-awards-holds-p143-seat-sale MANILA, Philippines - Cebu Pacific was named Low-Cost Carrier (LCC) of the Year at the recent Budgie$ and Travel Awards 2012, while Cebu Pacific president and CEO Lance Gokongwei won LCC CEO of the year. http://www.abs-cbnnews.com/business/02/13/12/cebu-pacific-wins-intl-awards-holds-p143-seat-sale#comments Business Top Stories Editor's Pick Cebu Pacific lance gokongwei Mon, 13 Feb 2012 07:58:15 +0000 ABS-CBNnews.com 198152 http://www.abs-cbnnews.com/business/02/13/12/globe-eyes-p10b-retail-bond-offer-year MANILA, Philippines - Globe Telecom Inc. on Monday said it hopes to raise P10 billion worth of retail bonds by the middle of the year. http://www.abs-cbnnews.com/business/02/13/12/globe-eyes-p10b-retail-bond-offer-year#comments Business Top Stories Alberto de Larrazabal ernest cu Globe Telecom Inc. Mon, 13 Feb 2012 07:34:01 +0000 ABS-CBNnews.com 198143 http://www.abs-cbnnews.com/business/02/13/12/crude-asia-after-greek-austerity-deal SINGAPORE - Crude prices rose in Asia Monday as markets cheered Greece's approval of harsh austerity measures demanded by international creditors in return for a second bailout package, analysts said. http://www.abs-cbnnews.com/business/02/13/12/crude-asia-after-greek-austerity-deal#comments Business Headline austerity measures crude oil prices Greece Mon, 13 Feb 2012 07:08:16 +0000 Agence France-Presse 198141 http://www.abs-cbnnews.com/business/02/13/12/risks-urban-flooding-rise-east-asia-says-world-bank MANILA, Philippines - Low and middle-income countries in East Asia face serious and growing development challenges from urban flooding, the World Bank said on Monday. http://www.abs-cbnnews.com/business/02/13/12/risks-urban-flooding-rise-east-asia-says-world-bank#comments Business Top Stories Flooding philippines urbanization World Bank Mon, 13 Feb 2012 05:51:23 +0000 ABS-CBNnews.com 198123 http://www.abs-cbnnews.com/business/02/13/12/net-fdi-inflow-down-83-november MANILA - Foreign direct investments (FDI) recorded net inflows of $53 million in November 2011, 82.6% lower than the year-ago figure of $304 million, according to data from the Bangko Sentral ng Pilipinas (BSP). http://www.abs-cbnnews.com/business/02/13/12/net-fdi-inflow-down-83-november#comments Business Headline Bangko Sentral ng Pilipinas foreign direct investments Mon, 13 Feb 2012 04:03:48 +0000 ABS-CBNnews.com 198098 http://www.abs-cbnnews.com/business/02/13/12/pse-sees-2012-fundraising-doubling-47b MANILA - Funds raised on the Philippine Stock Exchange could double to a record of about P200 billion ($4.7 billion) as companies jump on the market upswing, the head of the local bourse said on Friday.  http://www.abs-cbnnews.com/business/02/13/12/pse-sees-2012-fundraising-doubling-47b#comments Business Top Stories ETFs hans sicat Philippine Stock Exchange Mon, 13 Feb 2012 03:25:53 +0000 By Rosemarie Francisco, Reuters 198090 http://www.abs-cbnnews.com/business/02/13/12/independent-realty-posts-526-jump-2011-profits MANILA, Philippines - Companies under Independent Realty Corp. (IRC Group) posted a net income of P47.6 million in 2011, a 52.6% jump from P31.19 million it reported in 2010. http://www.abs-cbnnews.com/business/02/13/12/independent-realty-posts-526-jump-2011-profits#comments Business Top Stories Independent Realty Corp Luis Quiogue Presidential Commission on Good Government Mon, 13 Feb 2012 01:04:37 +0000 ABS-CBNnews.com 198067 http://www.abs-cbnnews.com/business/02/13/12/federal-land-plans-second-tower-bonifacio MANILA, Philippines - Following the success of its New York inspired luxury residence Parkwest Tower, Federal Land Inc. is planning to build a second tower within the 10-hectare integrated community in the northern portion of Bonifacio Global City. http://www.abs-cbnnews.com/business/02/13/12/federal-land-plans-second-tower-bonifacio#comments Business Top Stories Bonifacio Global City federal land inc. One Bloomberg Place Parkwest Tower Mon, 13 Feb 2012 00:08:01 +0000 By Zinnia B. Dela Peña, The Philippine Star 198063 http://www.abs-cbnnews.com/business/02/12/12/exporters-hit-procedures-bureau-customs MANILA, Philippines - "It's a national shame that has to be corrected the soonest,” said former Customs Commissioner Guillermo Parayno once in describing the procedures at the Bureau of Customs (BOC). http://www.abs-cbnnews.com/business/02/12/12/exporters-hit-procedures-bureau-customs#comments Business Top Stories Bureau of Customs Export Development Council guillermo parayno Philippine Exporters Confederation Sun, 12 Feb 2012 23:27:49 +0000 By Max V. de Leon, BusinessMirror 198059 http://www.abs-cbnnews.com/business/02/12/12/mortgage-problems-turn-your-house-billboard In return for allowing the front of their four-bedroom house to become a garish advertisement, the Hostetlers are getting their nearly $2,000 monthly mortgage paid by the marketing company behind the project, Brainiacs From Mars. http://www.abs-cbnnews.com/business/02/12/12/mortgage-problems-turn-your-house-billboard#comments Business Headline Brainiacs From Mars Buena Park Business Specials mortgage problem Sun, 12 Feb 2012 23:05:33 +0000 Reuters 198057 http://www.abs-cbnnews.com/business/02/12/12/lucio-tan-mulls-ipo-asia-brewery MANILA, Philippines - With Asia Brewery Inc. growing rapidly and profitable, tobacco, beer and airlines tycoon Lucio Tan is mulling over a potential initial public offering (IPO) for the country’s second largest brewery. http://www.abs-cbnnews.com/business/02/12/12/lucio-tan-mulls-ipo-asia-brewery#comments Business Top Stories Asia Brewery Inc initial public offering Lucio Tan Sun, 12 Feb 2012 22:44:26 +0000 By Zinnia B. Dela Peña, The Philippine Star 198055