|
|
|
Saturday, July 28, 2007 |
|
|
|
US housing, economic woes drag down
markets
|
|
Philippine stocks,
peso join Asia-wide tumble |
|
THE Philippine stock market and the peso fell sharply
Friday after a sell-off on Wall Street spooked financial markets
across Asia.
Local share prices closed lower
as investors reacted with alarm to a massive overnight sell-off on
Wall Street driven by United States housing and credit market
concerns, dealers said. Trading was also affected by technical
problems which caused two delays in the session.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Winning Masinloc
bidder to raise plant capacity
|
|
THE winning bidder for the
Masinloc power plant is likely to expand the facility’s generating
capacity in the next two years, according to state-run Power Sector
Assets and Liabilities Management Corp. (Psalm).
|
|
Full
Story>>
|
|
|
|
|
First-half GOCC
subsidy overshoots full-year goal
|
|
DESPITE difficulties in raising
revenues in the first half, the national government increased the
amount of subsidy it extended to government-owned and -controlled
corporations (GOCCs),
|
|
Full
Story>>
|
|
|
|
|
Megaworld profit
rises as real-estate sales surge
|
|
MEGAWORLD Corp. announced Friday
that its profit surged by more than half on scorching real-estate
sales and higher rental income in the first half of the year.
|
|
Full
Story>>
|
|
|
|
|
NTC stops
operations of telco service provider
|
|
THE National Telecommunications
Commission (NTC) has issued a cease and desist order (CDO) against a
telecommunications value-added service (VAS) provider for allegedly
violating nationality requirements.
|
|
Full
Story>>
|
|
|
|
|
Sterling Bank to
acquire BPI Family branches
|
|
Sterling Bank of Asia, formerly
Far East Savings Bank, Inc., has acquired some of the branches of
BPI Family Savings Bank as it plans to increase its presence in the
country.
|
|
Full
Story>>
|
|
|
|
|
Smart targets
Koreans in RP
|
|
SMART Communications Inc.
announced Friday that it will offer new short messa-ging services (SMS)
or text messaging for Korean nationals living in the Philippines.
|
|
Full
Story>>
|
|
|
|
|
Merged
BDO-EPCI’s profit jumps in 1st half
|
|
BDO-EPCI Inc., the newly merged
Banco de Oro Universal Bank and Equitable-PCI Bank, said profit
jumped by a quarter in the first six months of the year on growth in
incomes from its lending and nonlending businesses.
|
|
Full
Story>>
|
|
|
|
|
Chemrez eyes
industrial, maritime
users for coco-biodiesel products
|
|
CHEMREZ Technologies (ChemrezTech)
said industrial and maritime users of diesel may also be a market
for its coco-biodiesel products, adding the two industries would
benefit from improved engine combustion as well as reduced carbon
emissions.
|
|
Full
Story>>
|
|
|
|
|
RP to resume
USA,Canadian beef imports
|
|
THE government has approved the
resumption of beef imports from the United States and Canada, after
the Department of Agriculture released new guidelines lifting the
ban caused by the spread of mad cow disease...
|
|
Full
Story>>
|
|
|
|
LEARNING & INNOVATION
By Moje Ramos-Aquino, FPM
|
|
OFW issues need
holistic solution
|
|
We got some heartfelt reactions
about the issue on our overseas Filipino workers last column.
Here’s one from Tony Jarque. I’ve threaded together his three
emails.
|
|
Full
Story>>
|
|
|
|
|
|
|
|
|
Subscribe to
The Manila Times News Alert
To register text:
REG<space>ALERT and send to 7001898
Available to Smart Subcriber only |
| |
