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Tag Archives: firm

Chinese firm gets lift with drug for 140-M impotent men

SHANGHAI—A pharmaceutical firm claiming that 140 million men in China suffer from erectile dysfunction was given a massive stock market boost on Wednesday after winning approval to sell a Viagra-like drug in the country. Shares of Hebei Changshan Biochemical Pharmaceutical ...

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Mining firm responds to report on 'acidic water' in open pit

MANILA – Manila Mining Corporation (MMC) said there is no law or regulation requiring it to treat acidic water in its open pit mines.  TV Patrol and ANC aired a report by ABS-CBN’s Carolyn Bonquin on Tuesday saying Environment Secretary ...

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Thai agri firm plans $500-M investment in Philippines: trade chief

MANILA – One of Thailand’s largest agricultural firms is planning an additional $ 500-million investment in the Philippines in the near term, Trade Secretary Ramon Lopez said Thursday. Thailand has committed more investments and exports to the Philippines after President ...

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Dollar firm in Asia, bonds and oil nurse losses

SYDNEY – The dollar stood firm in Asia on Thursday and bond yields spiked after super-strong US jobs data made a rate hike a near certainty, while oil nursed bruising losses as US stockpiles swelled past all expectations. With energy ...

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PH is Asia's new investment hub, says auditing firm

An auditing firm describes the Philippines as Asia’s new investment hub due to a recent string of economic achievements. Jekki Pascual reports. — ANC Business Nightly, January 31, 2017   Let’s block ads! (Why?) Business

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Finnish firm eyes $200-M tire factory Mindanao: Piñol

Photo credit: Manny Piñol official Facebook page MANILA – A Finnish company may enter into a partnership with rubber farmers in Mindanao to set up a $ 200-million tire factory, Agriculture Secretary Emmanuel Piñol said Wednesday. Once operational, Black Donuts ...

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PNP, firm execs meet to beef up security following Davao bombing

The Philippine National Police’s Supervisory Office for Security and Investigation Agency (Sosia) has met with security managers of hotels, malls and schools in the country amid several reports of bomb threats following the deadly explosion in Davao City that killed ...

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Tech firm Audiowav plans up to P2.66-B IPO

MANILA – Philippine technology company Audiowav Media Inc. has filed a prospectus for an initial public offering of up to P2.66 billion, the corporate regulator said on Wednesday, in what could be the country’s third IPO this year. Audiowav plans ...

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Samsung, Tencent surge in race to become Asia's most valuable firm

SINGAPORE – Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia’s most valuable company as expectations for robust earnings growth push their share prices to record highs. Their surge – both have gained by a ...

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DOJ junks tax evasion rap vs remittance firm in cyber-heist

MANILA – The Department of Justice has dismissed a P35.61-million tax evasion charge against the owners of a remittance firm that converted into pesos the millions of dollars that was stolen from Bangladesh’s foreign reserves last February. There is no ...

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