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Monday, November 12, 2007 |
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SPECIAL REPORT
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Leading telcos under pressure
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Mobile landline poses challenge to handy phones
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MOVE over handy phones, as the age-old landline
has turned mobile. This is not yet the writing on the wall, but a
not-so-new kid on the block may upset the ongoing battle for
subscribers that is largely being fought between the two biggest
telecom companies in the Philippines.
The question is, can the challenger hack it?
Bayan Telecommunications Inc. is on its third year of a
court-approved 19-year restructuring of $325 million in debts. At
end-September, it has paid P1.75 billion in interest, and P360.6
million of the principal amount.
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 Full
Story>>
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Economic contribution of BPO industry on the
rise
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THE contribution of the business process outsourcing (BPO) industry
to the Philippines’ economic output is continuously rising, the
National Statistical Coordination Board (NSCB) said.
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Story>>
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Bangko Sentral to take over cash management
center from bankers’ association
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THE Bangko Sentral ng Pilipinas (BSP) has
decided to take over the Cash Management Center (CMC) from the
Bankers Association of the Philippines (BAP).
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Full
Story>>
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Metrobank to expand power assets
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GLOBAL Business Power Corp. has lined up a
number of expansion activities for its power plants in the Visayas
under a newly forged partnership with Taiwan-based Formosa Heavy
Industries Corp., including a proposed half a billion dollar
investment in power generation in the country.
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Story>>
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PLDT sees higher sales from broadband business
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PHILIPPINE Long Distance Telephone Co. expects its broadband
business to contribute more than half of the company’s revenues
next year.
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Full
Story>>
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Masinloc buyer secures fund support from IFC
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The International Finance Corp. (IFC) is set to provide a multimil-lion-dollar
financing to US-based AES Corp. to partly fund its acquisition of
the Masinloc coal-fired power plant in Zambales.
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Full
Story>>
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Investment pledges slightly decline
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INVESTMENT pledges registered with the Board of
Investments (BOI) and the Philippine Economic Zone Authority (PEZA)
marginally dropped in the first 10 months of the year.
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Story>>
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San Miguel to borrow money next year
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AFTER selling its Australian assets to its biggest shareholder last
week, Southeast Asia’s largest food and beverage conglomerate said
it plans to borrow money next year to build a war chest for its
planned foray into the power and mining industries.
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Story>>
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Lucio Tan property unit joins Sta. Rosa
bandwagon
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THE real-estate arm of the Lucio Tan group said it is ready to build
its biggest horizontal project in Sta. Rosa, Laguna, by early next
year.
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Story>>
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Asian economies seen riding out US credit,
housing woes
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HONG KONG: Previous troubles in the US economy have caused Asia to
skid badly —but analysts think the region has matured enough to
get through any bleak days ahead for the United States.
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MANAGING
FOR SOCIETY
By Ben Teehankee
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Good jobs (2)
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Last week, I discussed, based on the ILO and psychological theory,
that good jobs enable people to be productive while doing meaningful
work that supports employee participation, personal development and
security. Let us examine whether call centers are giving good jobs.
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Story>>
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