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Wednesday, March 21, 2007 |
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Businesses setting
sights
on low-income market |
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BY Darwin G. Amojelar, Reporter
BUSINESS interest in low-income
Filipinos comprising the so-called base of the economic pyramid
(BOP) is on the rise, according to a new report by the International
Finance Corp. (IFC) and the World Resources Institute.
Comprising 30 percent of the
Philippine population, the BOP market spends its money largely on
mobile phones, pharmaceutical products, and information and
communication technology, the report titled “The Next Four
Billion: Market Size and Business Strategy at the Base of the
Pyramid,” said.
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 Full
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Property
taxes short despite updating
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REAL property tax collections of
local government units (LGUs) have failed to keep pace with changes
in the assessed value, according to a study by state-run National
Tax Research Center (NTRC).
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Balanced budget
seen unlikely
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THE Philippines is unlikely to
balance its budget by next year should the government’s poor tax
collections persist in the coming months, according to a United
States-based financial services giant.
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MRT 3 operator
seeks refleeting
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The operator of Metro Rail
Tran-sit 3 has proposed the addition of 30 light rail vehicles (LRVs)
to its existing fleet to accommodate the increasing number of
passenger load.
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Biofuels 88
secures tax perks for Bataan ethanol refinery
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Biofuels 88 Corp. (BF88), a new
producer of biofuel (ethanol), will start plant operations in Bataan,
the Board of Investments (BOI) said on Tuesday.
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DMCI sells shares
to raise funds for water, power ventures
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A shareholder of DMCI Holdings
Inc. has agreed to buy its additional common shares from the
unissued portion of the authorized capital stock, proceeds of which
will be used to expand and improve the listed company’s services...
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RCPI bid as telco
may be junked
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The head of the common carriers
and authorization division of the National Telecommunications
Commission considers junking the application of the Lopez-led Radio
Communications Philippines Inc.
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VIEWS FROM
A BRIT
By Mike
Wootton
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Such a big and
well-positioned sales force!
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I meet so many people,
influential ones at that, who want to do something for the
Philippines; to give Filipinos better chances in life, real
prospects and real jobs, and of course, who want to help the
underprivileged and needy.
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