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Monday, February, 5 2007 |
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Corporate ad
spend
poised to slow down due to polls |
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By Darwin G.
Amojelar, Reporter
COMPANIES’
advertising spending is expected to slow down by a tenth this year
owing to the election in May, according to AC Nielsen Philippines.
Jay G.
Bautista, AC Nielsen executive director, told The Manila Times that
corporate ad spend is projected to drop between 5 percent and 10
percent depending on the level of political ads.
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Election unlikely
to drive up consumer prices, says BSP
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THE May
election is unlikely to drive up consumer prices, according to the
Bangko Sentral ng Pilipinas (BSP).
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Minimum-wage
earners see no respite come April
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MINIMUM-wage
earners may have to pay their income taxes this April despite a
government regulation, directing employers not to withhold from
their salaries the said taxes.
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Govt borrows
slightly more
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PHILIPPINE
borrowings slightly went up last year, as the government paid down
more of its outstanding obligations, Bureau of Treasury data showed.
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2006 preneed sales
slump led by education, life, pension plans
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PRENEED sales
were down nearly a fifth last year as three of the industry’s
major products suffered double-digit declines, according to the
Securities and Exchange Commission.
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Govt sets more air
talks to meet tourist arrival target
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THE Philippine
air panel is set to hold bilateral talks with at least seven
countries this year, an official of the Civil Aeronautics Board
disclosed.
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PNOC-EC plans
public sale of more shares this year
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The oil and
exploration subsidiary of the state-run Philippine National Oil Co.
(PNOC) will reissue shares this year to raise funds for future
projects, Pedro Aquino Jr., president and CEO, confirmed.
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Full
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Manila Water to
invest in wastewater treatment over five-year period
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AYALA-led
Manila Water Co. Inc. will invest considerable amount of money in
wastewater treatment for the next five years, the company announced.
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Industry prepares
policy on people’s car
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The government
readies a framework that will harmonize the interests of the Chamber
of Automotive Manufacturers of the Philippines (Campi), Motor
Vehicle Parts Manufacturers Association of the Philippines (MVPMAP)
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Flying V touts
biofuels
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INDEPENDENT
oil player Flying V has intensified its information campaign on the
use of biofuels.
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Philcomsat
shareholders propose liquidation
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The Africa
group of the Philippine Communications Satellite Corp. (Philcomsat)
favors the immediate share monetization of the company so that the
government and other share holders could get their dividends.
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Story>>
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NorthRail,
inspection loans OK’ed
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The Monetary
Board has approved the mobilization of two projects loans intended
for the construction of the NorthRail project from Malolos to Clark
and the development of nonintrusive container inspection system (NCIS).
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BEYOND
THE BUZZWORDS
By Reylito
A.H. Elbo
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Breakpoint: When
Canon phased out a printer model
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CORPORATE
income from heaven is soon followed by a militant employee from
hell. Watch out! If you call yourself a liberal manager trying to
empower people to do creative thinking, you need to learn from one
important legal case that happened to Canon recently.
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 Full
Story>>
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