|
|
|
Thursday, December 20, 2007 |
|
|
|
FDI surge seen next
year
|
|
FOREIGN direct investments (FDI) will increase significantly next
year, according to the Bangko Sentral ng Pilipinas (BSP).
BSP Deputy Gov. Diwa C.
Guinigundo said FDI would reach $3.6 billion next year, a turnaround
from this year’s estimated net divestment by foreigners of $1.2
billion.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Govt share in GOCC,
state-run financial
institutions’ earnings nearly double
|
|
REMITTANCES to the national government made by
government owned or controlled corporations (GOCCs) and government
financial institutions (GFIs) nearly doubled at end-November, the
Department of Finance said.
|
|
Full
Story>>
|
|
|
|
|
No fuel price
spikes for rest of the year, says lobby group
|
|
AFTER soaring to record highs the past few months,
oil prices are likely to stabilize for the remainder of the year,
according to the nongovernment Consumer Oil Price Watch, a corporate
lobby group.
|
|
Full
Story>>
|
|
|
|
|
Electricity spot
market operator insists Psalm rigged prices–ERC
|
|
THE operator of the country’s electricity spot
market is contesting regulators’ decision to clear state-run Power
Sector Assets and Liabilities Management Corp. (Psalm) of price
rigging charges.
|
|
Full
Story>>
|
|
|
|
|
Sale of FTI to
generate bulk of 2008 state privatization revenues
|
|
THE Department of Finance (DOF) expects the sale next
year of Food Terminal Inc. (FTI) to generate half of its programmed
revenues from the sale of state assets.
|
|
Full
Story>>
|
|
|
|
|
Wall St. upturn
fails to excite local share prices
|
|
LOCAL share prices closed slightly lower on Wednesday
despite the positive overnight performance by Wall Street, dealers
said.
|
|
Full
Story>>
|
|
|
|
|
Banco de Oro
expects to attain net income target
|
|
BANCO de Oro (BDO) said it is likely to hit its
profit target this year.
|
|
Full
Story>>
|
|
|
|
|
SSS eyes foreign
investment
|
|
STATE-RUN Social Security System (SSS) plans to
invest abroad early next year to support the pension fund’s
financial viability.
text
|
|
Full
Story>>
|
|
|
|
|
Taiwanese firms to
expand
|
|
TAIPEI: TWO Taiwanese manufacturers plan to expand
their Philippine operations.
|
|
Full
Story>>
|
|
|
|
|
SM to borrow
locally for additional malls
|
|
THE country’s biggest mall builder and operator
said it will borrow a substantial part of the money required for
next year’s capital expenditures from the local market.
|
|
Full
Story>>
|
|
|
|
|
Oriental
Peninsula lists at local bourse,
announces nickel smelting venture
|
|
ORIENTAL Peninsula Resources Group said it will put
up a pure nickel smelting plant in Palawan within the next three to
four years to improve its margins.
|
|
Full
Story>>
|
|
|
|
|
Globe seeks halt
to PT&T telecom operations
|
|
GLOBE Telecom Inc. wants the National
Telecommunications Commission (NTC) to permanently bar Philippine
Telegraph and Telephone Corp. (PT&T) from offering telecom
services using the frequencies allocated...
|
|
Full
Story>>
|
|
|
|
|
BIZZ FIZZ
By Rene Martel
|
|
Malacañang
gung-ho on Zed investment plans
|
|
EVEN Malacañang Palace has acknowledged that one of
the many positive factors to emerge from President Gloria Arroyo’s
recent visit to Spain was the announcement by Spanish conglomerate
Zed...
|
|
Full
Story>>
|
|
|
|
|
|
| |
