PLDT shares plummet 19%; regulator starts probe - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Investors await PLDT move on budget overrun - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Investors might become reluctant to put their hard-earned money into PLDT Inc. after its controversial P48-billion “budget overrun” announcement on Friday, with foreign investors already weighing in on the issue over the weekend. First Grade Finance Inc. Managing Director Astro C. del Castillo believes that investors will be risk-averse toward…