Thursday, March 18, 2010
   
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Business

Electronics investment surge seen

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BY BEN ARNOLD O. DE VERA Reporter

THE Philippine export sector sees semiconductor and electronics investments surging amid expectations of a quick recovery in demand.Senen Perlada, Export Development Council executive director, said the sector may enjoy a “V-shaped” recovery, helping jack up the country’s total merchandise exports by about a tenth this year.

 

Stocks inch up on lack of leads

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Local share prices slightly moved up on Thursday as investors wait for clearer leads. At the Philippine Stock Exchange, the 30-company index rose 12.90 points, or 0.42 percent to close at 3,100.95, while the all shares index climbed 8.9 points, or 0.46 percent to 1,944.50.

   

San Miguel eyes Petron petrochem play

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BY EUAN PAULO C. AÑONUEVO Reporter

SAN Miguel Corp. (SMC) said it would integrate its food and beverage value chain with the petrochemical business of Petron Corp. once the conglomerate completes its acquisition of the Philippines’ largest oil refiner and retailer this year.

   

Ayala Land, Vista Land to ramp up affordable housing production

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LEADING property developers on Thursday separately unveiled plans to ramp up production of affordable housing units starting this year.

   

Robinsons sets mall expansion

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Robinsons Land Corp. (RLC) plans to build four new shopping malls this year amid its upbeat outlook for the property sector.

   

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