Uniwide is looming large, but prospects may be slim
Article Abstract:
Retail franchiser Uniwide Holdings of Manila, Philippines, has attracted attention because of takeover reports that prompted the company's shares to end on Feb 6, 1998 88% higher than the week before. The shares ended on Feb 13, 1998 at 81 centavos, a drop of 9%. Though shares appear to be cheap, analysts claim that interest in Uniwide is not likely to remain in light of the company's radically slowed cash flow.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Philippines' construction boom boosts profit prospects for cement companies
Article Abstract:
Many analysts believe that Philippine cement companies are a particularly good investment today. They state that companies such as Southeast Asia Cement Holdings Inc. stand to gain from the country's ongoing construction boom. Demand for cement is expected to grow by some 18% annually as more infrastructure projects, residential developments and high-rise buildings go up all over the country.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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New feeder airline takes to skies in the Philippines
Article Abstract:
Philippines-based Corporate Air launched its Mindanao Express Service in Oct. 1996. The airline, which was established in 1985 as a feeder service for Federal Express Corp., does not intend to compete with the Mindanao services of bigger Philippine carriers. Mindanao Air offers two 19-seater commuter airplanes with flights to major Mindanao hubs General Santos and Davao City.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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