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        <description>GMA Network Inc. is expanding its overseas television business, which is expected to contribute at least 20 percent of its net profit this year, by making inroads in cable TV in Europe.</description>
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        <description>The Gatchalian&#8217;s Forum Pacific Inc. is selling out of Express Savings Bank Inc., a thrift bank currently under a Bangko Sentral ng Pilipinas-administered rehabilitation.</description>
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        <description>The Bangko Sentral ng Pilipinas is seeking a clear mandate in its charter to set aside a portion of its income to cover for potential foreign exchange losses.</description>
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        <description>Focus Oil and Gas Pte. Ltd. of Singapore will no longer buy a 17-percent stake in Service Contract 54 covering an oil and gas concession off Palawan, following the lapse of the farm-out agreement with Kairiki Energy Ltd.</description>
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        <description>TACLOBAN CITY -- The Gokongwei group would start construction of its Robinsons shopping mall project here by the third quarter this year.</description>
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        <description>Manila Electric Co. will soon test in Malabon City a broadband-over-powerline (BPL) project, which if proven commercially viable, is a potential new cash cow for the country&#8217;s biggest power retailer.</description>
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        <description>Oriental Vision Mining Philippines Corp. (OVMPC) recently signed a memorandum of agreement (MOA) with publicly listed Lodestar Investment Holdings Corp. to explore, develop and operate a 7,000-hectare coal property in the municipalities of Tago and Marihatag in Surigao del Sur.</description>
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        <description>Governor Amando Tetangco Jr. said the Bangko Sentral ng Pilipinas was willing to implement other measures, besides slashing its key policy rates, to help spur business activities and counter the economic downturn.</description>
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        <description>Q: I run a small business. It&#8217;s a spa that specializes in Thai massage. I have two branches now.</description>
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