|
|
|
Thursday, July 26, 2007 |
|
|
|
Electronics, fuel purchases fall |
|
RP imports contract
for a second month |
|
By Darwin G. Amojelar Reporter
THE Philippines cut back on its
purchases from abroad for a second month in May, with electronics
and fuel imports sliding, the National Statistics Office (NSO) said
Wednesday.
The NSO said the country’s
expenditures for imported goods contracted 3.4 percent to $4.296
billion last May from $4.448 billion in the same month last year.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
New foreign groups
to join Maynilad as part-owners
|
|
DMCI Holdings Inc. announced on
Wednesday that two foreign groups would be infusing additional
capital into the consortium that bought last year the government’s
majority stake in Maynilad Water Services Inc.
|
|
Full
Story>>
|
|
|
|
|
Globe in talks for
mobile TV venture
|
|
GLOBE Telecom Inc. will pursue
its planned foray into digital mobile television, with an eye on
forming a partnership with a broadcast company, the president of the
country’s second biggest telecom company said.
|
|
Full
Story>>
|
|
|
|
|
GE Money survey
shows female
students keen on entrepreneurship
|
|
Filipino women students show a
strong need for education in entrepreneurship, GE Money Bank
concluded from a survey it conducted with four universities in
Manila.
|
|
Full
Story>>
|
|
|
|
|
Banks’ asset
quality steady
|
|
BANKS’ bad loan ratio, or the
percentage of nonperforming to total loans outstanding, stayed at
the single-digit rate last May, the Bangko Sentral ng Pilipinas
reported.
|
|
Full
Story>>
|
|
|
|
|
BSP dividends to
govt decline
|
|
The Bangko Sentral ng Pilipinas
will remit lower dividends to the government in 2006 due to the
decline in net income.
|
|
Full
Story>>
|
|
|
|
|
Semirara Mining
disclosure contested
|
|
A CATTLE grower is urging the
Securities and Exchange Commission (SEC) and the Philippine Stock
Exchange (PSE) to act on Semirara Mining Corp.’s alleged failure
to disclose information on a land dispute.
|
|
Full
Story>>
|
|
|
|
|
US housing worries
a concern, says Moody’s
|
|
PARIS: The downturn in the US
housing sector, which has sparked market jitters, is of serious
concern but poses no major risk of an overall US financial meltdown,
the ratings agency Moody’s said Wednesday.
|
|
Full
Story>>
|
|
|
|
|
Dollar hobbles
across Asia on housing woes
|
|
TOKYO: The dollar hovered at the
key 120-yen level Wednesday after slipping below it for the first
time in more than two months, shaken by growing worries about the US
housing market, dealers said.
|
|
Full
Story>>
|
|
|
|
|
Hyundai to reopen
plant in Thailand a decade after financial crisis
|
|
BANGKOK: Hyundai, South Korea’s
top carmaker, said Wednesday that it is setting up a production
facility in Thailand, in its first investment here since pulling out
of the country after the 1997 Asian crisis.
|
|
Full
Story>>
|
|
|
|
|
Japan’s trade
surplus soars
|
|
TOKYO: Japan’s trade surplus
surged 53.4 percent from a year earlier to 1.227 trillion yen ($10.2
billion) in June, surpassing forecasts, the government said
Wednesday.
|
|
Full
Story>>
|
|
|
|
|
Nintendo profits
surge as Wii flies
|
|
TOKYO: Nintendo said Wednesday its net profits
soared more than five-fold in the fiscal first quarter as it enjoyed
strong sales of its Wii videogame console and handheld machines.
|
|
Full
Story>>
|
|
|
|
|
|
|
|
|
Subscribe to
The Manila Times News Alert
To register text:
REG<space>ALERT and send to 7001898
Available to Smart Subcriber only |
| |
