Biz Buzz: Bidding war for SCTEx?

MANILA, Philippines — In a bid to raise more revenues as fast as possible, Finance Secretary Ralph Recto has floated the idea of selling government shares in Subic-Clark-Tarlac Expressway (SCTEx) to state-run pension funds. The finance chief made the proposal days after the Bases Conversion and Development Authority (BCDA) said it was willing to sell
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