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Philab expands into precision medicine with SLI acquisition

MANILA — Listed healthcare technology company Philab Holdings Corp. on Monday confirmed its plans to acquire 67 percent of local …

Nomura sees PSEi hitting 9,100 pts by 2018

MANILA — Japanese think tank Nomura expects the local stock barometer to rise to the 9,100 points by the end …

Cirtek raises USD67-M from preferred shares

MANILA— Semiconductor manufacturer Cirtek Holdings Philippines Corp. raised USD67 million from the issuance of preferred shares, proceeds of which will …

Basic Energy to acquire stake in Japan biomass power plant

MANILA — Listed Basic Energy Corp. (BEC) is acquiring a minimum 10-percent stake in a 25-megawatt (MW) biomass power plant …

Manila Water bags Leyte project

MANILA — Ayala-led Manila Water Company Inc. won a contract to develop the water supply system in Leyte province. In …

Roxas Holdings’ income up 18% to P120-M

  MANILA — Listed sugar and ethanol producer Roxas Holdings, Inc. (RHI) posted a consolidated net income of PHP120 million …

ARMM launches 6-year development blueprint

MANILA — The Autonomous Region in Muslim Mindanao (ARMM) on Thursday launched its development blueprint that aims to attract more …

Cebu Landmasters inks deal with Ascott

MANILA — Newly-listed property developer Cebu Landmasters Inc. (CLI) has teamed up anew with The Ascott Ltd. for the serviced …

Del Monte posts USD2.8-M net loss

MANILA — Food and beverage conglomerate Del Monte Pacific Limited (DMPL) booked a net loss of USD2.8 million in the …

PH inflation declines further to 3.3% in November

MANILA — The country’s inflation rate declined for three consecutive months to 3.3 percent in November from previous month’s 3.5 percent …

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