Philippine Long Distance Telephone News

The group of Philippine Long Distance Telephone Co. chairman Manuel V. Pangilinan may have found a way to avoid a costly tender offer or the buyout of minority shareholders of Manila Electric Co.

Philippine tycoon Manuel Pangilinan increased his stake in Manila Electric Co. , ending a six-month battle with San Miguel Corp.

Metro Pacific Investment Corp. said Friday it would issue P12 billion worth of notes to fund the purchase of a 6.7% stake in Manila Electric Co.

The Philippine central bank will likely keep borrowing costs at a record low to boost growth after tropical storms damaged crops and infrastructure, threatening the Southeast Asian nationa s economic recovery.

By Darwin G. Amojelar, Senior Reporter TALKS with the Lopezes for the Pangilinan group's planned acquisition of half of the former's remaining stake in Manila Electric Co.

By Chino S. Leyco, Reporter IN a bid to foil the imminent takeover by the Pangilinan group of Manila Electric Co.

A public-private sector commission has identified and given priority to 4 projects which will speed up the rehabilitation of areas affected by recent storms.

The Asian CSR Awards, co-presented by AIM and Intel, is Asia's premier Awards program on corporate social responsibility.

MANILA The inherent dilemma of the Philippine Stock Exchange to strike a balance between promoting investments and imposing strict regulation is something that is common to all stock exchanges, based on a study by the Organization of Economic Cooperation and Development .

MANILA With funds from various sources flowing to the Philippines for post-"Ondoy" and "Pepeng" reconstruction needs, the government and development agencies launched on Wednesday an effort to map out damages and losses, and match these with available funds.

Philippine Defense Secretary Gilberto Teodoro Jr. said Monday he is resigning from his post in two or three weeks to concentrate on his presidential bid.

The group of Philippine Long Distance Telephone Co. plans to meet with the staff of Associated Broadcasting Co.

After the long wait, Akon's "Freedom Tour '09" Manila concert finally pushes through at the Araneta Coliseum on Friday, Oct.

The government is planning to offer P12.5 billion of the P50-billion reconstruction bonds to finance disaster-recovery projects to the private sector by the end of this year.

Philippine Long Distance Telephone is in talks with the Lopez group for the purchase of its stake in Manila Electric Co.

THE PHILIPPINE Long Distance Telephone Co. groupa s foray into free TV is unlikely to face legal hurdles, according to constitutional experts.

By Darwin G. Amojelar, Senior Reporter FIRST Pacific Co. Ltd. is shoring up its war chest for new investments in mining and infrastructure in the Philippines and across Southeast Asia.

Analysts are warning minority stockholders in Manila Electric Co. not to expect a buyout anytime soon as the PLDT group and San Miguel Corp.

CEBU CITY Cebu-made retail brands that have slowly gained grounds in the Metro Manila area are now reaping the fruits of hard earned labor after being handpicked to be among the finalists in the 13th Outstanding Filipino Retailers and Shopping Centers of the Year Award for 2009 Wednesday.

By Darwin G. Amojelar, Senior Reporter THE unit of Philippine Long Distance Telephone Co.