|
|
|
Saturday, January 27, 2007 |
|
|
|
TransCo auction seen
key
to energy-sector reforms |
|
By Likha C. Cuevas, Reporter
THE fate of the Philippines’
power-sector reforms hinges on the successful auction of the 25-year
concession of state-run National Transmission Corp. (TransCo),
according to the Institute of International Finance Inc. (IIF)
The government, through state-run
Power Sector Assets and Liabilities Management Corp. (Psalm), again
moved the TransCo bidding to February 5 from January 22. This was
the fourth postponement, supposedly to give bidders and Psalm more
time to iron out legal and commercial issues hounding the
country’s power grid.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Oil companies roll
back prices as world crude easesk
|
|
OIL companies operating in the
Philippines on Friday slashed pump prices anew, the third price cut
for the year, because of the continued softening of world crude
prices and the strengthening of the peso.
|
|
Full
Story>>
|
|
|
|
|
MNTC eyes
additional borrowing for NLEX expansion
|
|
MANILA North Tollways Corp. (MNTC)
may borrow anew to finance the second phase expansion of the North
Luzon Expressway (NLEX), according to the company’s chief
financial officer.
|
|
Full
Story>>
|
|
|
|
|
Share prices pull
back
|
|
SHARE prices closed sharply lower
Friday, as losses on Wall Street sparked a regional sell-off and
with investors opting to take profits after a weeklong rally,
dealers said.
|
|
Full
Story>>
|
|
|
|
|
Appellate court
clears way for Semirara Mining claim over land
|
|
SEMIRARA Mining Corp. said the
Court of Appeals has cleared the way for the company to reclaim 367
hectares of grazing land that overlaps with its area of operations
in the coal-rich island of Semirara.
|
|
Full
Story>>
|
|
|
|
|
Manila Water sets
major push in Eastern concession
|
|
MANILA Water Co. Inc. on Friday
announced its plan to expand its service to include some hundred
thousand households in Antipolo this year.
|
|
Full
Story>>
|
|
|
|
|
Food makers told
to tie up with US firms
|
|
THE Center for International
Trade Expositions and Missions (CITEM) wants local food
manufacturers to tie up with established food buyers and know the
preferences of consumers in the United States to increase their
exports.
|
|
Full
Story>>
|
|
|
|
|
SEAir leases Tiger
aircraft for Singapore, Macau flights
|
|
SOUTH East Asia Air (SEAir) is
leasing two Airbus A-320 aircraft from Singapore-based budget
carrier Tiger Airways to fly to Macau and Singapore, a SEAir
official said Friday.
|
|
Full
Story>>
|
|
|
|
|
Ports agency says
revenues enjoy lift
|
|
STATE-RUN Philippine Ports
Authority (PPA) has earned additional revenue from service fees
collected by its vessel traffic monitoring facility at the Port
District of Manila.
|
|
Full
Story>>
|
|
|
|
|
BSP to resume
grant of license to investment, finance companies
|
|
THE Bangko Sentral ng Pilipinas
will resume issuing licenses of quasi-banking functions to
investment houses and finance companies next month after seven years
of suspension.
|
|
Full
Story>>
|
|
|
|
|
Fruit growers
post sales in China
|
|
PHILIPPINE tropical fruit-growers
brought home hundreds of million pesos from a recent floral expo in
China, leading exporters and producers said Friday.
|
|
Full
Story>>
|
|
|
|
|
Cagayan de Oro
ecozone gets boost
|
|
THE government and the private
sector will invest P6 billion for the development of the Cagayan
Special Economic Zone and Freeport (CEZA) in Santa Ana, Cagayan,
into an agro-industrial and tourism hub.
|
|
Full
Story>>
|
|
|
|
|
|
|
|
|
Subscribe to
The Manila Times News Alert
To register text:
REG<space>ALERT and send to 7001898
Available to Smart Subcriber only |
| |
