MANILA, Philippines - Globe Telecom Inc., the country's second-largest telecommunications player, has welcomed the approval of Philippine Long Distance Telephone Co.'s (PLDT) acquisition of Digital Telecommunications Philippines Inc. (Digitel) on two conditions set by regulators.
KUALA LUMPUR/MANILA - Malaysia's second-largest bank CIMB Group said on Thursday it was in early talks to acquire a stake in unlisted medium-sized Philippine lender Bank of Commerce from Philippine conglomerate San Miguel group.
Businessman Roberto V. Ongpin recently sat down with Pia Hontiveros for an interview on ANC's Strictly Politics. He talked about his struggles during the Martial Law years, his return to private life, the DBP loan and why he "resents" being called a Marcos crony.
MANILA, Philippines - Conglomerate San Miguel Corp. may invest up to $1.2 billion to upgrade and expand the oil refinery and retail station network it acquired from Exxon Mobil in Malaysia last month, a company director said on Tuesday.
MANILA, Philippines - Philippine Long Distance Telephone Co. (PLDT) chairman Manuel V. Pangilinan said he will no longer pursue the phone company’s deal with Digitel if it fails to secure regulatory approvals by August 26.