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Euro, Hong Kong dollar, US dollar, Japanese yen, pound and Chinese yuan banknotes are seen in this picture illustration in Beijing, China. — REUTERSNET INFLOWS of foreign direct investment (FDI) into the Philippines slumped in November, preliminary data from the central bank showed. FDI net

THE GENERATION charge typically accounts for more than 50% of the monthly electricity bill. — PHILSTAR FILE PHOTOPOWER DISTRIBUTOR Manila Electric Co. (Meralco) expects a higher generation charge for February as the peso’s depreciation raises costs for dollar-denominated power contracts.“We are still waiting for all

ACR.COM.PHALSONS Consolidated Resources, Inc. (ACR), the listed investment holding company of the Alcantara Group, has secured P1.6 billion from the issuance of commercial papers.The company listed the initial tranche of its P3-billion commercial paper program on the Philippine Dealing & Exchange Corp. (PDEx), it said