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Safe for now
The entry of new investor often leads to big changes in a firm in which the former takes a significant stake. A senior executive of one such company that had sold nearly half its stake to a diversifying conglomerate said that while such changes have begun among top management, mid-level managers had been assured in a recent meeting with the newly installed president that they remain safe at their posts ... for now.
Keen on Cambodia
Sources at the Department of Agriculture said Agriculture Secretary Proceso J. Alcala is pushing to include Cambodia in its invitations for state-to-state deals on rice imports for the Philippines' buffer stock for …