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Monday, April 02, 2007 |
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Increase depends on fiscal
improvements
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World Bank dangles
additional aid for RP |
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By Angelo S. Samonte, Reporter
THE World Bank is dangling a near
threefold increase in its lending assistance to the Philippines
should the government sustain its recent fiscal gains.
The Washington-headquar-tered
lender, however, wants any further improvement in the country’s
fiscal position to come from higher tax collections, and not from
the sale of state assets.
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BSP sees rating
outlook upgrade
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THE Bangko Sentral ng Pilipinas (BSP)
said the country’s credit-rating outlook is likely to improve this
year given the reduction of its debt levels.
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Thailand’s PTT
keen on gas pipeline from Batangas to Manila
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Bangkok, Thailand: Thailand’s
PTT Public Co. Ltd. is keen on participating in the Philippine
National Oil Corp.-Exploration Corp.’s (PNOC-EC) Batangas to
Manila (Batman 1) gas pipeline project.
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Govt postpones
Manila Thermal plant auction
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STATE-RUN Power Sector Assets and
Liabilities Management Corp. (PSALM) has moved the bidding for the
decommissioned Manila Thermal power plant to the last quarter of the
year.
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Smart, MRT 3 in
fare tieup
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AFTER tying up with the operator
of the North Luzon Expressway (NLEX) and with Super-Ferry, Smart
Communications Inc. announced it will offer a similar electronic
payment system for Metro Rail Transit Line 3 (MRT 3).
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Big carriers buck
SEAir’s fleeting plan
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THE fleeting program of Southeast
Asian Airlines (SEAIR) hit a snag after bigger rivals in the
domestic market opposed the newbie’s tie-up with Tiger Airways.
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Broadband project
cast in doubt
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A DUTCH company that proposed to
build a national broadband network in the Philippines failed to
comply with the requirements under the Build-Operate-Transfer (BOT)
scheme...
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Cable TV piracy
rules out soon
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THE National Telecommunications
Commission (NTC) and the Intellectual Property Office of the
Philippines (IP) will sign new rules and regulations this week to
strengthen the government’s fight against cable piracy.
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SMDC to raise
funds via share-sale
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THE property unit of the SM group
plans to raise more funds through the sale of additional shares this
year to finance its future acquisitions and projects.
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Pacific Online
sees sales growth on expansion
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PACIFIC Online Systems, the
lottery systems and terminal supplier of the Philippine Charity
Sweepstakes Office (PCSO) in Visayas and Mindanao, expects a
significant rise in sales...
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Maynilad signs
labor accord
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MAYNILAD Water Services, Inc.
said it has come to terms with the Maynilad Water Supervisors’
Association on a new collective bargaining agreement (CBA) that will
cover the wage and welfare benefits...
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MANAGING FOR SOCIETY
By Khristine Ignacio
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The common good
in Catholic social teaching
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In partnership with Solidarity
Philippines, De La Salle Professional Schools Graduate School of
Business’ (DLSPS-GSB) Campus Ministry Office and the Center for
Social Responsibility and Human Development...
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BEYOND THE BUZZWORDS
By Reylito
A.H. Elbo
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Future wealth: Of
politics and religion
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HE, who is rich, makes the rules,
or so it seems. Yes, wealth can make one powerful, even beyond
one’s wildest imagination. This is one great lesson that we’ve
learned since time immemorial.
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