Published : Friday February 10, 2012 | Category : Top Business News | Views : 347
By : Lailany P. Gomez Reporter
DESPITE the challenging global economic environment amid renewed uncertainties, the Philippine banking system remained sound during the last quarter of 2011 marked by a growing resource base, the Bangko Sentral ng Pilipinas (BSP) said on Thursday. Read more
Published : Friday February 10, 2012 | Category : Top Business News | Views : 265
By : KRISTA ANGELA MONTEALEGRE REPORTER
PHILIPPINE share prices tumbled on Thursday as Greek leaders failed to reach an agreement on reform and cost-cutting measures to avoid bankruptcy. Read more
Published : Friday February 10, 2012 | Category : Top Business News | Views : 273
By : AFP
ATHENS: A “bitter cup” of additional austerity was forced on Greece in return for a bankruptcy-saving eurozone rescue, Greek media said on Thursday, outlining a barrage of cuts demanded by creditors from the European Union (EU) and the International Monetary Fund (IMF). Read more
Published : Friday February 10, 2012 | Category : Top Business News | Views : 264
By : James Konstantin Galvez Reporter
THE Philippines may further reduce its rice import target to about 100,000 metric tons (MT) next year as the government firms up its advance palay (unmilled rice) cropping schedules to veer away from typhoon-prone months and ensure good rice production, a senior government official said on Thursday. Read more
Published : Friday February 10, 2012 | Category : Top Business News | Views : 249
By : Euan Paulo C. Añonuevo
THE government wants consumers to shoulder National Power Corp.’s (Napocor) rate hikes in missionary or off-grid areas to help spread the cost in these locations. Read more
