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Wednesday, February 28, 2007 |
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Imports skid in Dec.
as RP
spends less on electronic goods |
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BY Darwin G. Amojelar, Reporter
Philippine imports skidded in
December owing to weak purchase of electronic products, although the
country bought more goods abroad for the whole year of 2006, the
National Statistics Office (NSO) said Tuesday.
The NSO said expenditures for
imported goods declined by 1.3 percent in December to $4.157 billion
from $4.209 billion in the same month of 2005.
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Five-year bonds
dip further
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The five-year bonds slip 12.1
basis points to 5.629 percent in Tuesday’s auction, lower than
5.8-percent benchmark bonds issued by the government two weeks ago.
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Net foreign buying
at the bourse jumps in Jan. as market rallies
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The net foreign buying in the
Philippine stock market jumps as the market continues its rally for
the month of January 2007.
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Drop in factory
output continued in December
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The Philippines’ manufacturing
sector continued its decline for 12th consecutive month in December
owing to weak production in electrical machinery...
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Forex investment
limit may expand AMLA coverage
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The Bangko Sentral ng Pilipinas (BSP)
said increasing of foreign-exchange investment limit overseas by
local resident expands the covered and suspicious transaction
reports under Antimoney Laundering Act (AMLA).
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Ecozone exports
grew
17.211 percent in Jan.
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The economic zone export locators
increased in January this year versus the same period last year, the
Philippine Economic Zone Authority said Tuesday.
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Telcos issues
warnings on NTC
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Manufacturers and telecom
companies have warned that prices of cell-phone handsets may
increase if the National Telecommunications Commission requires
seller to bear registration stickers.
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VIEWS FROM
A BRIT
By Mike Wootton
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‘Busy–bodies’
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The Filipinos are in general such
“laid back” people. This is one of the factors that make
foreigners so attracted to the Philippines. “Such nice people . .
.” Is an oft heard phrase from new arrivals.
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