Shell, Petron, Chevron and PTT to rollback gas prices by 85 centavos

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MANILA — Petron Corporation, Chevron Philippines Inc (CPI), Pilipinas Shell Petroleum Corporation (PSPC) and PTT Philippines will implement a gas price reduction of 85 centavos on Monday at 12:01 am. Specifically, CPI’s gas products are WPP of Gold and Silver, while Petron’s are Blaze 100, Euro 4, XCS, Xtra Advance and Super Xtra. Moreover, Shell, […]

McDonald’s Japan halts import of chicken from China

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TOKYO — McDonald’s Holdings Co. (Japan) has decided to stop importing all chicken products produced in China after a supplier in Shanghai admitting using rotten meat, local media reported Friday. McDonald’s Japan branches have sourced meat from Shanghai Husi Food Co. since 2002. The fast-food chain has stopped selling chicken McNuggets supplied by Husi at […]

Megawide to increase capital stock to P5B

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MANILA — Megawide Construction Corporation will be increasing its authorized capital stock to P5 billion from P2 billion previously. In a disclosure with the Philippine Stock Exchange (PSE) Tuesday, the company said announcement of the capital hike plan was made during the company’s annual stock holders meeting Tuesday. The increase in capital stock will be […]

BDO to issue LTNCDs

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MANILA, Aug. 24 (PNA) — BDO Unibank, Inc. (BDO) is set to issue another tranche of up to P5 billion worth of Long Term Negotiable Certificates of Deposit (LTNCDs) as part of the Bank’s effort to lengthen the maturity profile of its funding sources and support its growth objectives. BDO last issued P5 billion worth […]

Apple and Microsoft, Then and Now

Apple and Microsoft

By NICK BILTON / New York Times If you picked up The New York Times in December 2000, you would have seen very different headlines than exist today. Microsoft was projected to generate revenue of $6.4 billion for the last fiscal quarter of 2000, whereas Apple, the company’s almost-lifeless competitor, was clawing to reach $1 […]

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