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Tuesday, June 26, 2007 |
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Number of firms availing of tax perks rises |
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Mass housing sector
a booming business |
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By Katrina Mennen A. Valdez, Reporter
THE number of housing projects
given tax and other perks have risen significantly in a span of four
years, data from the Board of Investments (BOI) show.
Investments in this segment of
the property sector jumped by 83 percent to P1.548 billion before
the first half of the year ended from P268.482 million in 2003.
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UK firms eye BPO,
mining ventures
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COMPANIES from the United Kingdom
are looking at possible business opportunities in the Philippines,
according to the British Chamber of Commerce, adding the emerging
market is “very much back...
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Govt debt service
dips at end-May
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THE national government’s debt
servicing declined at end-May, according to the Bureau of Treasury.
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BSP: Low BOP
surplus will check rise of peso
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The Bangko Sentral ng Pilipinas (BSP)
said it would be advantageous for the country to post a lower
balance of payments (BOP) surplus this year to avoid the fast
appreciation of the peso.
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PEZA investments
surge mid-June
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THE country’s economic zones
saw a surge in investments, exports and employment, according to the
Philippine Economic Zone Authority (PEZA), as existing locators and
foreign-based electronics...
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BayanTel launches
call-center venture
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LOPEZ-led Bayan
Telecommunications Inc. on Monday said it has ventured into
call-center business as value added for its small-and
medium-enterprise subscribers.
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Cement makers
oppose removal of import duties
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AT a time when it is hard-pressed
raising revenues, the government could lose a substantial amount
from cement import transactions if the tariff imposed on the product
is removed,...
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PLDT to provide
Cebu with broadband service
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The Philippine Long Distance
Telephone Co. will provide Internet broadband service in Cebu,
deemed one of the country’s business process outsourcing hotspots
for information and communications technology.
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Vista Land’s
first-day trading hit ceiling price
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The newly incorporated holding
company of the MB Villar group has listed with the Philippine Stock
Exchange, and shareholders on Monday refused to sell as share prices
went through the roof on its first trading day.
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PSALM sweetens
Calaca plant bid
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The Power Sector Assets and
Liabilities Management Corp. said the supply contract it will attach
to National Power Corp.’s Calaca power plant may be similar to
that of the Masinloc coal-fired power plant.
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Eyes catering, groundhandling facilities
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PAL sees Clark
airport as its international gateway by 2010
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The Philippines’ flag carrier
announced Monday it will use the Diosdado Macapagal International
Airport in Clark, Pampanga, as its international gateway by 2010.
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BIZZFIZZ
By Rene Martel
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Going really
‘Krzy’ with Motorola
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THE publicity blurb for the
launching of Motorola’s new concept store at the Digital Exchange
in Glorietta 3 invited the media to “go KRZY.”
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