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Monday, February 26, 2007 |
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Credit-card firms
must
not impose surcharges–BSP |
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Retailers in uproar
over DTI order
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By Maricel E.
Burgonio Reporter and Katrina Mennen A. Valdez Researcher
The Bangko
Sentral ng Pilipinas said banks should not impose credit-card
surcharges in accordance with the Price Tag Law.
“There
should be no surcharge. We have to follow the law,” BSP Governor
Amando M. Tetangco Jr. told reporters.
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Full
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Public-sector
deficit registers substantial reduction in 2006
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The
Philippines’ consolidated public-sector deficit is estimated to be
around P43.4 billion in 2006, substantially lower than the P97.5
billion posted in 2005, Finance Secretary Margarito Teves said.
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Full
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Ability to trade
key to reducing poverty
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Pascal Lamy,
World Trade Organization director general, said developing countries
must develop their domestic capabilities and global competitiveness
for the Doha development round to be successful.
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Full
Story>>
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Liberalized forex
rules seen to boost BOP surplus this year
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The
Philippines’ balance of payments is expected to reach strong
surplus position this year with the liberalization of
foreign-exchange rules, Bangko Sentral ng Pilipinas said.
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PSE leadership
moves to empower minority shareholders
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To give voice
to minority shareholders of publicly listed companies, the
Philippine Stock Exchange (PSE) is urging investors and the
Securities and Exchange Commission (SEC)
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Full
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Neda OK’s
restoration and rehab
of geothermal plants in Bicol, Visayas
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THE National
Economic and Development Authority Cabinet Committee has approved
the restoration and rehabilitation of two geothermal plant projects
in Bicol and Visayas.
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Full
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Global Destiny
Cable set to go public in 2010
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GLOBAL Destiny
Cable Inc., the Philippines’ third-largest cable company, plans to
sell shares to the public in three years’ time, the company
president said.
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BEYOND
THE BUZZWORDS
By Reylito
A.H. Elbo
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Breakout Strategy:
Another ‘S’ word again
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ANY management
thinking that cannot offer a logical explanation could attract
attention only if you suffix it with the word “strategy.” Or
simply, following the rules without a decent strategy will not get
the job done.
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Full
Story>>
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