PBB eyes expansion via merger, acquisition

By Riza Lozada The Philippine Business Bank (PBB) is targeting to increase its reach in the country through a merger with Insular Savers Bank Inc. (Isbi) and the acquisition of Bataan Savings and Loan Inc. PBB informed the Philippine Stock Exchange that it will hold a special stockholders meeting on December 18 to seek approval for the planned acquisition and …

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Malayan raises awareness on fine arts insurance

Malayan Insurance, the country’s No. 1 non-life insurance company, together with Willis Limited, an insurance broking and risk consultancy firm, recently conducted a forum on the fundamentals of art insurance. 

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The data in denial

Looking behind the surveys on what the public seeks, faced with the possibility of changes as 2016 comes around, the top concerns serve as desperate pleas, not only those the government must address, but more important, as cries for critical areas left neglected. 

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You have given me all I need, remember?

She left two daughters on her last heartbeat. I had laid my hand on her breast, feeling her heart sputter as I prayed the litanies she taught me. 

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The ‘masa’-fication of Mar Roxas

The gathering of the Liberal Party faithful last October 3 to announce its vice presidential bet gave the public a chance to see the stark difference between Mar Roxas and his rivals in the 2016 derby. 

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What plagues the airline industry?

The Civil Aviation Authority of the Philippines (Caap) organized recently the first-ever Philippine Aviation Summit that gathered the various stakeholders in the local civil-aviation industry. 

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BDO, UnionBank open for more acquisitions

By Jerry Maglunog Two of the country’s leading universal banks—Banco de Oro (BDO) and UnionBank of the Philippines (UnionBank)—have just started alliances with other banks.

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IMF: Up to $3 trillion in excess borrowing from Third World

Lima, Peru—The biggest risks to the global economy are now in emerging markets, where private companies have racked up considerable debt amid a fifth straight year of slowing growth, the International Monetary Fund (IMF) said. 

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Oil-starved Nepal seeks petroleum suppliers by air

Kathmandu, Nepal—Struggling with a fuel shortage after Indian shipments went on hold, Nepal is asking suppliers to bring gasoline and kerosene by airplane before the Himalayan country begins celebrating its biggest festival of the year, and for the first time is looking to import fuel from China. 

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Clinton subjected to hack bids from China, South Korea, Germany

Washington—Hillary Rodham Clinton’s private e-mail server, which stored some 55,000 pages of e-mails from her time as secretary of state, was the subject of attempted cyberattacks originating in China, South Korea and Germany after she left office in early 2013, according to a congressional document obtained by The Associated Press. 

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