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Monday, February 26, 2007

 

Credit-card firms must
not impose surcharges–BSP

Retailers in uproar over DTI order 

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.

Full Story>>

 

O T H E R   R E P O R T S

 

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.

Full Story>>

 

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.

Full Story>>

 

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.

Full Story>>

 

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)

Full Story>>

 

THE National Economic and Development Authority Cabinet Committee has approved the restoration and rehabilitation of two geothermal plant projects in Bicol and Visayas.

Full Story>>

 

 

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.

Full Story>>

 

BEYOND THE BUZZWORDS
By Reylito
A.H. Elbo

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.

Full Story>>

 

 

 

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Severino O. Frayna Jr., Benjie Dela Rosa
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