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Companies

Globe undisputed leader in postpaid with revenue market share of 57.8%

Globe Telecom has emerged as the No. 1 postpaid brand in the country based on revenue market share, the global metric used in determining market leadership across telcos worldwide.

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Corporate profits up 14% in first quarter

The combined net income of companies listed at the Philippine Stock Exchange (PSE) grew 13.9 percent in the first quarter to P158.28 billion, from P138.96 billion in the same period last year. The increase was mostly driven by significant profit gains in the property and services sectors.

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NGCP’s deficient insurance deal with GSIS costs consumers

By Riza Lozada The absence of an all-purpose reinsurer for the operator of the electricity network National Grid Corp. of the Philippines (NGCP) has contributed to the high cost of electricity, as natural accidents that result in damages in the transmission grid are always charged to electricity users, instead of the state-operated insurer.

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Honda launches scooter customized for Philippine roads

Honda Philippines has launched the New Generation BeAT-FI eSP series as the “Scooter for All,” which has been especially developed for the Philippine and Indonesian markets in 2015 and serves as the latest iteration to the BeAT scooters currently doing well in both countries.

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China, new stock-market behemoth

By Jerry Maglunog Many stock markets in the world are booming. This is a sign that many companies are offering publicly their shares. Wherever you look at Nasdaq, London Stock Exchange and Paris Bourse, the trend is an upswing.

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Data, new currency for enterprises–CTI

The world’s leading information technology (IT) vendors recently gathered in Manila to present solutions to Philippine companies wanting to adopt the latest trends in big data and analytics.

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Vista Land unit raises $300 million from debt papers

Vista Land’s subsidiary VLL International Inc. successfully priced last June 11 a $300 million offering of senior unsecured notes due 2022 with a nominal rate of 7.375 percent, the first 7-year tenor Notes issued by the Company under its $1-billion debut medium term note programme.

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Megaworld sees rental income of P9 billion this year

Property giant Megaworld, the country’s leading developer of integrated urban townships, is optimistic that its rental income will grow to P9 billion this year as it continues to aggressively expand its leasing portfolio driven by office, commercial centers and hotels. Megaworld’s rental income reached P2.7 billion in 2010. In 2011, this soared to P3.8 billion, a remarkable 41-percent year-on-year growth. …

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Most Filipinos still consider stock trading a big gamble

By Jerry Maglunog Stock trading is not well accepted among majority of the 100 million Filipinos, according to John Mangun, a leading authority in stock trading. “Most Filipinos view stock trading as gamble that’s why so many are not keen on it,” the stock trader said.

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ANA, UA deal offers low fares for SME execs

All Nippon Airways (ANA) and United Airlines through the Asia Joint Venture (JV) Simple program will provide a complimentary corporate travel program that aims to support small- and medium-sized enterprises (SMEs) based in Indonesia, the Philippines, Singapore, Taiwan, Thailand, and Vietnam when their employees travel on business.

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