|
|
|
Thursday, July 05, 2007 |
|
|
|
But tax collection goal to stay |
|
1st-half budget
deficit ceiling likely breached |
|
By Angelo S. Samonte, Reporter
THE Arroyo administration may
have breached its first-half budget deficit ceiling, making it more
likely that it would miss the full-year target.
In a televised press conference,
Finance Secretary Mar-garito B. Teves said on Wednesday that the
government expects the Bureaus of Internal Revenue (BIR) and of
Customs to incur a combined tax collection shortfall of P53 billion
in the first semester.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Cigarette firm
picks Subic
|
|
SUBIC Freeport: Philip Morris
International will locate at the Subic Freeport next month, the
Subic Bay Metropolitan Authority (SBMA) said Wednesday.
|
|
Full
Story>>
|
|
|
|
|
BSP registers
quarterly loss due to higher interest payments
|
|
THE Bangko Sentral ng Pilipinas’
(BSP) refusal to cut its overnight rates led to a higher net loss
from its operations in the first quarter the year, as it made bigger
interest payments on financial institutions tapping its...
|
|
Full
Story>>
|
|
|
|
|
Regulatory delays
hinder Meralco sale
|
|
REGULATORY delays are hindering
the sale of the government’s stake in the Philippines’ largest
electricity distributor, according to a Department of Finance
official.
|
|
Full
Story>>
|
|
|
|
|
UN meet ponders on
corporate behavior
|
|
GENEVA: United Nations Secretary-General Ban Ki
Moon will open one of the world body’s biggest meetings with
business leaders on Thursday to try to sharpen global standards for
corporate behavior.
|
|
Full
Story>>
|
|
|
|
|
Telco says service costlier as number of users
decline
|
|
PLDT prepaid
landline service rate jumps fourfold
|
|
PREPAID subscribers of Philippine
Long Distance Telephone Co.’s (PLDT) landline service will soon be
paying higher call rates after the National Telecommunications
Commission (NTC) approved...
|
|
Full
Story>>
|
|
|
|
|
PAL Holdings takes
on units’ obligations
|
|
PAL Holdings Inc. disclosed to
the Philippine Stock Exchange (PSE) on Wednesday that it shouldered
the debts of its subsidiaries to boost its equity.
|
|
Full
Story>>
|
|
|
|
|
Ayala Land
launches upscale subdivision, mall in Pampanga
|
|
AYALA Land Inc. (ALI) has
launched a horizontal residential project and new mall in Central
Luzon, its first such development in the region.
|
|
Full
Story>>
|
|
|
|
|
Geograce reports
potential nickel find
|
|
GEOGRACE Resources Philippines,
Inc., said Wednesday that it found high potential nickel reserves
within its target mining tenements in the provinces of Zambales in
Northern Luzon and Bukidnon in Mindanao.
|
|
Full
Story>>
|
|
|
|
|
Shell bags
Napocor lubricating oil deal
|
|
PILIPINAS Shell Petroleum Corp.
won a three-year contract to supply state-owned National Power Corp.
(Napocor) with half-a-billion-pesos worth of lubricating oil.
|
|
Full
Story>>
|
|
|
|
|
Shipments of
nontraditional coconut products on the rise
|
|
SHIPMENTS abroad of six
non-traditional coconut products rose last February, government data
showed.
|
|
Full
Story>>
|
|
|
|
|
BIZZFIZZ
By Rene Martel
|
|
PSC bleeds while
Pagcor, PCSO spend
|
|
JUST about the time that newly
elected Sen. Gregorio Honasan was over at the Philippine Sports
Commission’s office in Malate lending a ear to its seemingly never
ending woes, at the other end of town Rep.
|
|
Full
Story>>
|
|
|
|
|
|
|
|
|
Subscribe to
The Manila Times News Alert
To register text:
REG<space>ALERT and send to 7001898
Available to Smart Subcriber only |
| |
