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Saturday, September 08, 2007 |
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Consumers upbeat on year-end prospects |
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By Maricel E. Burgonio Reporter
CONSUMERS have turned upbeat
about fourth-quarter economic prospects, according to the latest
survey of the Bangko Sentral ng Pilipinas (BSP).
In the latest round of its
Consumer Expectations Survey, the BSP said the confidence index
posted a positive 4.1 percent in the fourth quarter, a turnaround
from the negative 23.6 percent for the third quarter.
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Stock market rises on mining interest
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LOCAL share prices closed higher
Friday, lifted by strong interest in the country’s largest mining
company, dealers said.
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Dollar reserves exceed new full-year forecast
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THE country’s dollar reserves
posted another all-time record during the first eight months of the
year, according to the Bangko Sentral ng Pilipinas (BSP).
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Foreigners pulled out investments in Aug.
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FOREIGNERS dropped Philippine
stocks and other peso-denominated financial assets last month when a
housing-led credit crunch peaked in the United States,...
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PPA suspends auction for Batangas seaport
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STATE-RUN Philippine Ports
Authority (PPA) on Friday suspended the auction of the second phase
of the Batangas seaport because of a Supreme Court decision ordering
the agency to pay...
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Filinvest ventures to ethanol production
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FILINVEST Development Corp. (FDC)
said it will venture into ethanol production as part of its
diversification strategy following the purchase of a sugar company
this year.
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Full privatization of PNOC-EDC approved
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THE board of state-run Philippine
National Oil Co. (PNOC) has given the green light to the
government’s proposed sale of its remaining stake in its
geothermal unit.
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APEC business code cracks down on bribery,
fraud
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SYDNEY: A drive to eradicate
bribery and corruption in business deals was launched in a
wide-ranging code of conduct unveiled at an Asia Pacific meeting
here Friday.
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Oil prices higher
on tension, supply
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SINGAPORE: World oil prices
continued higher in Asian trade on Friday after edging closer to a
new record, as geopolitical tensions resurfaced and supplies
tightened in the United States, dealers said.
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Indonesia FDIs up
123 percent
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JAKARTA: Actual domestic and
foreign direct investments (FDI) in Indonesia during the first eight
months of the year rose 123 percent from a year earlier to $11.70
billion.
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Microsoft, Japan
team up to set robotics standards
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TOKYO: Microsoft announced Friday
a tie-up with Japanese humanoid maker Tmsuk in a bid to set the
standard in the development of cutting-edge robots.
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LEARNING & INNOVATION
By Moje Ramos-Aquino, FPM
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Earn from your
hobby farm
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I am very much an inner city girl
having been born and lived all my life in Sta. Mesa, Manila, center
point of Metro Manila.
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