Tuesday, January 29, 2013

in the news: sm, gtcap, mbt (29 jan 2013)

NU buys Nazareth School
National University of the Sy group has bought Nazareth School of Hijas de Jesus as part of plans to expand its footprint in the burgeoning education sector.
Last Jan. 18, parents were called to a meeting where Nazareth School principal Sr. Delia Pedroso announced that starting next year, the primary and secondary school will be known as “Nazareth School of National University.”
It was said that the Hijas de Jesus agreed to the “merger” with National University as the nuns are ageing and there are not enough of them left with training in education management. Costs are also on the rise and enrollment has been declining.
National University, for its part, was instructed by the Department of Education to separate its basic education unit from its college, thus the merger of the neighboring schools.
Nazareth School was founded in 1938 in Manila as a novitiate and became a school in 1947.—Tina Arceo-Dumlao

Meralco, Metrobank tie up
By Alena Mae S. Flores | Posted on Jan. 29, 2013 at 12:00am |
Meralco PowerGen Corp., a unit of distributor Manila Electric Co., has forged an agreement with Global Business Power Corp. of the Metrobank Group over a possible joint venture.