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Philippines stocks: Asia’s most expensive
Benigno Aquino, president of the Philippines, shared his father’s words of warning earlier this week in a speech marking the 20th anniversary of the Manila exchange: “Unless you’re a big boy, don’t...
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San Miguel: minorities bought out at a big discount
Minority shareholders of the Philippines’ San Miguel Corp’s property unit are probably sore after the company, which is to be delisted in May, offered to redeem outstanding shares at just 134 pesos...
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Manila shares fall despite GDP surge
The Philippine economy grew 7.8 per cent in the first quarter from a revised 6.8 per cent the previous quarter, beating analysts’ expectations of an increase of just 6 per cent, as sharply higher...
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