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Saturday, March 10, 2007 |
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Stocks recover on
electronics rebound
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Jan. exports grow at
fastest in seven years |
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By Darwin G.
Amojelar, Reporter
PHILIPPINE
exports in January rose at their fastest pace in more than seven
years after electronics product shipments rebounded from a slump in
December.
The National
Statistics Office (NSO) said exports grew 27.3 to $4.17 billion from
$3.272 billion in January last year.
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BSP sees rise in
benchmark interest rates
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THE Bangko
Sentral ng Pilipinas (BSP) expects benchmark interest rates to
gradually correct as the economy expands and credit demand rises.
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Philippines
attracts above-target foreign direct investments in 2006
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FOREIGN direct
investments (FDI) surpassed the government’s target last year, the
Bangko Sentral ng Pilipinas (BSP) said Friday.
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Govt sets
quarterly goals to meet budget-deficit reduction plan
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THE
Development and Budget Coordinating Committee (DBCC) on Friday
announced the quarterly targets the government has to meet with
regard to its fiscal position this year.
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Auto sales pick up
on demand for AUVs
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AUTOMOBILE
sales jumped in February due to brisk demand for passenger cars and
commercial vehicles, according to the Chamber of Automotive
Manufacturers of the Philippines Inc. (Campi).
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US company to
market new fuel additive
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A United
States-based company is set to launch a new fuel additive product in
the market that promises to increase fuel savings as well as help
reduce air pollution.
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Foreign donors
call for market opening
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THE technical
working group of the Philippine Development Forum (PDF) said Manila
must speed up efforts to liberalize the cement industry and
state-owned power generation assets to promote competition...
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RP potential in
knowledge process outsourcing feted
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THE
Philippines’ services sector has the potential to be a global
leader in knowledge process outsourcing (KPO), the Department of
Trade and Industry said Friday.
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Vivant board gives
nod to review of power plant
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VIVANT Corp (VVT).
announced that its board approved the conduct of due diligence on
Delta P. Inc. VVT plans to acquire a 35 percent stake in Delta P,
which owns a 16-megawatt bunker-fired diesel generating power plant...
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PPA to bid out
Batangas port facility
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THE Philippine
Port Authority (PPA) is bidding out the 25-year international
cargo-handling contract of the port of Batangas.
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DHL plans third
gateway on positive trade outlook
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DHL Express
Philippines plans to put up a third gateway in the country in the
second quarter of the year.
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ALI to set up
firms for luxury venture
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TO push
through with the deve-lopment of luxury hotels in Makati, the Ayala
Land Inc. (ALI) plans to establish new companies in partnership with
Kingdom Hotel Investments (KHI).
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Phinma unit,
Swiss company sign farm-in agreement
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A CONSORTIUM
led by publicly listed Trans-Asia Oil and Energy Development Corp.
(TA Oil) said it has inked a farm-in agreement with a Swiss-based
investment company for exploration activities off Palawan.
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ICTSI foray into
China approved
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INTERNATIONAL
Container Terminal Services Inc. (ICTSI) said Friday that its first
venture into China got a boost after Beijing approved the
company’s plan to operate container terminals in the mainland.
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LEARNING
& INNOVATION
By Moje Ramos-Aquino, FPM
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Radiant thinking
and mind maps
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Continuing
with learning from our Mount Pulag Trek, I look back and saw
incomparable work of natural art. Most trees such as the mango trees
all around us are so full of leaves and fruits, you could only see
the leaves and the trunk. The trees at Mount Pulag are mostly
skeletal, but nonetheless beautiful. They are not all leaves and
fruits and flowers. You could easily see the outline of the whole
tree and identify individual moss-covered branch and twig against
the backdrop of clear blue sky. Each tree is a natural wonder of the
world.
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