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Monday, March 12, 2007

 

Milk, dairy prices to surge on supply lack

By Katrina April Mennen A. Valdez, Researcher

PRICES of milk and other dairy products are expected to surge this year following its limited supply in the world market, a Nestlé Philippines Inc. top executive said.

Nandu Nandkishore, the company’s chief executive officer, said consumers should expect as much as a 50-percent increase in prices.

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O T H E R   R E P O R T S

 

THE Development and Budget Coordinating Committee (DBCC) said the Philippines’ economic expansion this year will further pick up next year.

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THE National Telecommunications Commission (NTC) wants telecom companies to store text and call records for six months to protect subscribers from erring users.

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CONSUMER purchases made using bank facilities rose by double digits last year, according to the Bangko Sentral ng Pilipinas (BSP).

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Strong global demand for automotive parts and components buoyed exports, the Motor Vehicle Parts Manufacturers Association of the Philippines (MVPMAP) said.

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A publicly traded online brokerage firm said it more than doubled its consolidated revenues last year because of an expanded client base and higher investment earnings.

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THE World Bank said it may extend a fresh loan to the new owners of Maynilad Water Services Inc. to ensure the company’s success. The lender’s announcement comes a month after the new owners, DMCI...

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Listed Cebu Property Ventures and Development Corp. reported higher total revenue gains last year as demand for commercial lots and office space picked up, the company said.

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MANAGING FOR SOCIETY
By Dennis Berino

In 2006, a big electronics company recalled more than 9 million battery packs installed in notebook computers because of several incidents of computers overheating or even going up in flames.

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BEYOND THE BUZZWORDS
By Reylito
A.H. Elbo

SURELY, that’s not the popular explanation for MBO that was popularized in 1954 by Peter Drucker. Of course, in business, the most acceptable definition of MBO is Management by Objectives.

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