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Wednesday, December 05, 2007 |
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Telcos: No cut in VoIP charges
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FILIPINOS hoping to spend more time during the
Christmas holidays talking to loved ones abroad over the Internet
may have to settle for their landlines or mobile phones, as large
telecommunications companies bucked a proposal to bring down the
access fee they charge voice over Internet protocol (VoIP) service
providers, an official of the National Telecommunications Commission
(NTC) said.
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Bangko Sentral pushes for more locally-sourced
loans
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THE Bangko Sentral ng Pilipinas (BSP) wants the
national government to further increase its planned domestic
borrowings given indications that dollar inflows would remain strong
next year.
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Govt raises Napocor’s yen loan prepayment
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STATE-RUN Power Sector Assets and Liabilities
Management Corp. (Psalm) said the government has raised the amount
of National Power Corp. (Napocor) loans it plans to prepay.
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Growth in seagoing travelers flat at end-August
amid increase in domestic travel
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THE number of seabound travelers was flat in the first eight months
of the year, according to Philippine Ports Authority (PPA) data.
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Local share prices close higher on selective
buying
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LOCAL share prices closed higher Tuesday on selective buying in blue
chips, dealers said.
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OPEC uncertain about oil output
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ABU DHABI: Uncertainty hung on Tuesday over the outcome of a key
OPEC oil output meeting, despite analysts predicting that the cartel
would keep production unchanged because of falling crude prices.
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Mobile-phone sector to grow by 10 percent, Nokia
says
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HELSINKI: Nokia, the world’s leading mobile-phone provider,
predicted Tuesday that the mobile-phone market would grow by 10
percent next year as it raised its 2008 and 2009 operating targets.
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Dollar eases against yen after sluggish data
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TOKYO: The dollar slipped against the yen in Asian trade on Tuesday
as markets weighed lackluster US economic news that underpinned
expectations of another Federal Reserve interest rate cut, dealers
said.
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Analysts: World encounters new ‘oil shock’
as prices spike
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ABU DHABI: The world is enduring a third “oil shock” as crude
prices trade at record high levels close to 100 dollars a barrel
after a sustained surge over the last three years, according to
economists.
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PSALM postpones Palinpinon bidding
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THE scheduled bidding today for the Palinpinon geo-thermal and the
decommissioned Manila thermal power plants has been moved to a later
date, a ranking official of the Power Sector Assets and Liabilities
Management Corp. (PSALM) said.
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China’s Geely cars venture into RP market
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THE largest private car manufacturer in China is
venturing into the Philippines, setting its sights on the local
middle class market.
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Phoenix buys into units of majority shareholder
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PHOENIX Petroleum Philippines Inc. (PPPI) told the Philippine Stock
Exchange on Tuesday that it will buy into the units of its biggest
shareholder to have more leverage for its expansion plans.
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Empire East sees profit growing double digit
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EMPIRE East Land Holdings Inc. disclosed on Tuesday that its profit
would grow by double digits next year.
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VIEWS
FROM
A BRIT
By Mike Wooton
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Investment in
‘renewables’
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THERE appears to be lots of investor money available these days and
the complaint, which is most often heard about this from the
investor side, is that it is very difficult to find projects in
which to invest.
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