A Thai billionaire early Saturday raised his bid for Singapore's Fraser and Neave (F&N), topping an offer by an Indonesian rival ahead of a planned auction of the conglomerate next week. In a press release issued at midnight, TCC Assets -- controlled by Thai billionaire Charoen Sirivadhanabhakdi -- said it was increasing its offer for F&N shares it does not own from Sg$8.88 ($7.24) a share to Sg$9.5 ...
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PASAY CITY, Philippines - The Business Processing Association of the Philippines (BPAP) announced Monday, that the country's busines processing outsources (BPO) industry generated more than $6 billion in revenues in 2008. According to Oscar Sanez, BPAP president and CEO, the industry registered a 26% growth compared to 2007. It also hired around 74,000 employees. Though the figures are below to their projec ...
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[caption id="attachment_621" align="alignleft" width="140" caption="Brontispa"][/caption] Palo, Leyte, Philippines – Some 449,095 coconut trees in 22 towns and 3 cities in Eastern Visayas are affecter by coconut leaf beetle or brontispa. The Philippine Coconut Authority (PCA) said that around 70% of the affected trees have been treated for the beetle influx. Mechanical, chemical and biological control with ...
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Subic Bay, Philippines - At least seven hundred (700) Filipinos were left jobless when the US-based FEDERAL EXPRESS (FedEx) last flight from the Subic Bay International Airport (SBIA) took off shortly before 5:00 a.m. today. FedEx started its Pacific Hub in Subic Bay Freeport in May, 1995 and will end in 2010, but it didn't finish its contract and transfer its operation in Guangzhou, China. The take off of ...
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