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Saturday, April 28, 2007 |
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Price increases seen
to slow further this year |
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By Maricel E. Burgonio, Reporter
CONSUME price increases this year
may average below the official target, according to the Bangko
Sentral ng Pilipinas (BSP).
In its first-quarter inflation
report, the BSP said inflation is likely to edge lower than the
4-percent to 5-percent target range it set earlier, citing the
recent downtrend in price increases.
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BIR, BOC unveil
new initiatives to boost revenue collections
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THE Philippines’ two main
revenue-generating agencies have unveiled new initiatives aimed at
boosting collections this year, after their failure to meet
targets...
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Carmakers set to
raise sales forecast
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THE Chamber of Automotive
Manufacturer of the Philippines (Campi) said car sales this year may
turn out higher after local assemblers posted double-digit growth in
sales in the first quarter.
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PNOC plans new
power plant
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PHILIPPINE National Oil Co. (PNOC)
plans to build another hydroelectric power plant in Mindanao at a
cost of about a quarter of a billion dollars to help prevent a
looming energy crisis in the country’s second-biggest island.
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Manila Mining
poised to start Kalayaan project
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MANILA Mining Corp. (MMC)
announced on Friday that it would proceed with preliminary work on a
mine site in Surigao after completing the documentation for the
joint-venture project.
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