|
|
|
Friday, September 07, 2007 |
|
|
|
Drought, US housing woes to limit expansion |
|
RP economy to slow
in third quarter–NEDA |
|
By Darwin G. Amojelar Reporter
THE United States’ housing-led
credit woes and a prolonged drought that hit hard the Northern
Philippines will slow down domestic economic growth in the third
quarter, a senior official of the National Economic and Development
Authority (NEDA) said.
In a briefing, Dennis M. Arroyo,
NEDA planning and policy chief, told reporters an economic slowdown
is in the offing in the third quarter of the year. Growth however
will pick up in the fourth quarter as overseas Filipino workers (OFWs)
resume their remittances in time for the Christmas holidays, he
said.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
PSE mulls over
scheme luring OFWs to trade
|
|
THE Philippine Stock Exchange is
mulling over allowing third parties to sell contracts for difference
(CFD) to overseas Filipino workers (OFWs) to enable them to trade...
|
|
Full
Story>>
|
|
|
|
|
Use strong peso to
help exporters, Arroyo orders
|
|
PRESIDENT Arroyo has instructed
the Department of Trade and Industry (DTI), government-owned and
-controlled corporations (GOCCs), and the Technology and Livelihood
Resource Center...
|
|
Full
Story>>
|
|
|
|
|
Foreign fund
managers vie for GSIS contract
|
|
NINE foreign fund managers are
vying to secure a contract to oversee the international investments
of state-run Government Service Insurance System (GSIS).
|
|
Full
Story>>
|
|
|
|
|
Petronas unit
drills Mindoro oil reserves
|
|
Malaysian company Petronas
Carigali Overseas Sdn Bhd has started drilling operations for oil
and gas reserves in the Philippines off the coast of Mindoro.
|
|
Full
Story>>
|
|
|
|
|
No adjustment in
electricity bill just yet
|
|
The Energy Regulatory Commission
(ERC) said that its newly approved rate decision has no impact on
electricity bills just yet.
|
|
Full
Story>>
|
|
|
|
|
MxSecure to focus
on upgrade of local units
|
|
MxSecure Inc., a leading provider
of medical transcription services and software to health care
clinics in the United States, is set to address the mounting problem
of inaccuracy,...
|
|
Full
Story>>
|
|
|
|
|
Purefoods seeks to
raise capital stock
|
|
Listed firm San Miguel Pure Foods
Co. Inc. has filed its application to increase its authorized
capital stock with the Securities and Exchange Commission to allow
it to swap shares with parent company San Miguel Corp.
|
|
Full
Story>>
|
|
|
|
|
RP to protest
subsidized sugar dumping to WTO
|
|
THE Sugar Regulatory Authority
(SRA) plans to file a protest with the World Trade Organization (WTO)
regarding the practice of some countries to dump subsidized sugar on
global markets.
|
|
Full
Story>>
|
|
|
|
|
Games industry
booms in Asia
|
|
SINGAPORE: Welcome to the new
world. Videogames on personal computers, mobile phones and other
devices are bringing people together in a new community—..
|
|
Full
Story>>
|
|
|
|
|
S. Korean
watchdog probes HSBC
|
|
SEOUL: South Korea’s financial
watchdog said Thursday it has launched a probe into the local branch
of global banking giant Hong Kong Shanghai Banking Corp.
|
|
Full
Story>>
|
|
|
|
|
Dollar regains
poise in Asian trade
|
|
TOKYO: The dollar steadied in
Asian trade Thursday, recovering some of the previous day’s losses
against the yen on hopes that global share prices will rebound
despite the US housing woes, dealers said.
|
|
Full
Story>>
|
|
|
|
|
India dominates
Asia’s top firms
|
|
SINGAPORE: India has the largest
number of profitable companies with revenues or market
capitalization above $5.0 billion in the Asia Pacific region, Forbes
business magazine said Thursday.
|
|
 Full
Story>>
|
|
|
|
|
Sanyo Electric
may exit white goods
|
|
TOKYO: Troubled Japanese consumer
electronics maker Sanyo Electric is considering exiting the market
for major household appliances such as refrigerators and washing
machines, a report said Thursday.
|
|
Full
Story>>
|
|
|
|
|
|
|
|
|
Subscribe to
The Manila Times News Alert
To register text:
REG<space>ALERT and send to 7001898
Available to Smart Subcriber only |
| |
