Philippine Long Distance Telephone News

Five companies from India, Pakistan, Philippines and Singapore were recognized for their outstanding initiatives in corporate social responsibility during the Asian CSR Awards, which is a part of the 8th Asian Forum on Corporate Social Responsibility in Manila.

For Gilbert Teodoro Jr ., there are only 2 options after the 2010 elections: the presidency or retirement from politics.

IN AN "unprecedented" performance, Philippine wireless operator Smart Communications Inc.

Philippine Long Distance Telephone Company today announced its financial results for the first nine months of 2009 with Core Net Income, net of exceptional items, rising 11% to P31.0 billion, from P27.8 billion in the same period in 2008.

It looks like the Philippine Olympic Committee is now capable of sending the 98 athletes who will not be supported financially by the Philippine Sport Commission in the coming Laos Southeast Asian Games.

Smart Communications Inc. is set to complete next month the acquisition of Chikka Holdings Ltd., a 2-way web-to-mobile instant messaging client.

Metro Pacific Investments Corp. reported a net income of P2.086 billion for the first 9 months of 2009, more than triple its profits in the same period last year.

The country's biggest multimedia conglomerate said it is not threatened by the entry of telecommunications giant Philippine Long Distance Telephone Co.

The Philippine Long Distance Telephone Co. won its second Management Association of the Philippines Best Annual Report Award yesterday, as organizers chastised companies who did not take their financial reporting duties seriously.

A day after being sued for P10 million for seven courses of action, the Philippine Sports Commission, headed by Harry Angping, is set to file malversation charges against Philippine Olympic Committee President Jose "Peping" Cojuangco Jr.

THE international donor community expressed its commitment to support the Philippine government's fund-raising efforts for the reconstruction of areas affected by the recent typhoons, the Department of Finance said.

The Government Service Insurance System may end up back on the board of Manila Electric Co.

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.