|
|
|
Thursday, June 21, 2007 |
|
|
|
Peso rises back to 45-to-a-dollar level |
|
BSP raises full-year
dollar inflow forecast |
|
By Maricel E. Burgonio,
Reporter
BUOYED by strong remittances by
overseas Filipino workers (OFWs) and foreign investments, the Bangko
Sentral ng Pilipinas (BSP) raised its forecast for the country’s
dollar surplus and dollar hoard this year.
BSP Gov. Amando M. Tetangco Jr.
said the country’s balance of payments (BOP) is likely to post a
$2.9-billion surplus this year, or higher than the central bank’s
earlier forecast of $2 billion.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Local stocks rally
to fresh record close
|
|
PHILIPPINE share prices rose
Wednesday to chalk up another record finish with investors positive
on the economic outlook, dealers said.
|
|
Full
Story>>
|
|
|
|
|
Six companies take
first step in bid for North Harbor contract
|
|
THE local unit of Hong
Kong-listed First Pacific Holdings along with five other companies
procured eligibility documents for the North Harbor auction, taking
the first step in their bid to secure the long-term contract...
|
|
Full
Story>>
|
|
|
|
|
Banks’ solvency
declines
|
|
THE solvency of Philippine banks
slipped by end-2006, according to the Bangko Sentral ng Pilipinas (BSP).
|
|
Full
Story>>
|
|
|
|
|
Govt surpasses
first-quarter reformed VAT collection target
|
|
THE government exceeded its
first-quarter collection target for the reformed value added tax
(VAT), the Department of Finance (DOF) said on Wednesday.
|
|
Full
Story>>
|
|
|
|
|
Procter &
Gamble to expand RP unit
|
|
Procter & Gamble Philippines,
Inc., is set to pour in fresh investments to increase its logistics
capacity in the country, the manufacturing giant announced in a
statement Wednesday.
|
|
Full
Story>>
|
|
|
|
|
SEC clears the way
for GMA-7 share sale
|
|
GMA Network Inc. on Wednesday
obtained an approval from the Securities and Exchange Commission to
improve its financial position through an initial public offering.
|
|
Full
Story>>
|
|
|
|
|
Highlands Prime
eyes new mixed-use project
|
|
Highlands Prime Inc., the
high-end property arm of the SM group, is set to include retirement
and commercial components in its master plan for Tagaytay Highlands
and Midlands.
|
|
Full
Story>>
|
|
|
|
|
Globe, ePLDT offer
new services
|
|
Globe Telecom, Inc., the
Philippines’ second largest mobile-phone provider, announced
Wednesday it has partnered with Yahoo! to provide mobile Internet
services.
|
|
Full
Story>>
|
|
|
|
|
BIZZFIZZ
By Rene Martel
|
|
Broadway calls
for McDo boss George Yang
|
|
IT is a long and winding road
from the corporate corridors of the Makati business district to the
bright lights of Broadway in New York. But it’s a route that
McDonalds Philippines point man George Yang embarked on last week.
|
|
Full
Story>>
|
|
|
|
|
|
|
|
|
Subscribe to
The Manila Times News Alert
To register text:
REG<space>ALERT and send to 7001898
Available to Smart Subcriber only |
| |
