|
|
|
Tuesday, April 15, 2008 |
|
|
|
One-year benchmark
rate rises on inflation
|
|
By Chino S. Leyco Reporter
BANKS sought higher yields for
lending short-term to the government due to soaring commodity
prices, said the Bureau of Treasury.
At Monday’s auction, the
government accepted lenders’ bids for the one-year Treasury bill,
causing the benchmark rate to rise by 28 basis points to 5.993
percent from the previous auction. The government borrowed P1.797
billion during the fortnightly fund-raising exercise.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Wage hike to
escalate price increases,
cause business closures, says NEDA
|
|
THE National Economic and Development Authority (NEDA)
on Monday warned that raising the minimum wage will escalate the
increase in prices of goods and services.
|
|
Full
Story>>
|
|
|
|
|
Wall Street’s
slump damps local stock market
|
|
LOCAL share prices closed lower on Monday as
investors took their cue from Wall Street’s renewed slump, dealers
said.
|
|
Full
Story>>
|
|
|
|
|
End seen for
Napocor fuel procurement
|
|
STATE-RUN Power Sector Assets and Liabilities
Management Corp. (PSALM) may opt to transfer National Power
Corp.’s (Napocor) fuel procurement function to contracted
third-party power producers once their contracts are auctioned off.
|
|
Full
Story>>
|
|
|
|
|
World oil prices
ease below $110 on perception US in recession
|
|
SINGAPORE: Oil prices eased from recent highs in
Asian trade on Monday after international finance ministers warned
that near-term global economic prospects have weakened.
|
|
Full
Story>>
|
|
|
|
|
Megaworld profit
hits record on condo sales
|
|
MEGAWORLD Corp. announced on Monday that its profit
surged on the back of higher revenues from its residential
condominium and business process outsourcing (BPO) office rental
businesses.
|
|
Full
Story>>
|
|
|
|
|
Anscor ventures
into education, eyes
expansion in tourism, wire-making
|
|
IN a bid to strengthen the manpower requirements of
its three core businesses, A. Soriano Corp. (Anscor) announced on
Monday that it will establish a new school that will integrate dual
education (dual-tech)..
|
|
Full
Story>>
|
|
|
|
|
PAL reopens Cebu
hub for southern push
|
|
PHILIPPINE Airlines (PAL) on Monday said it will
reopen its Cebu hub for its soon-to-be-acquired turbo-propeller
fleet in a bid to serve better the growing intra-regional market in
Visayas and Mindanao.
|
|
Full
Story>>
|
|
|
|
|
MANAGING FOR SOCIETY
By Benito L. Teehankee
|
|
Call-center blues
|
|
I never got the return call I requested from the
supervisor so I called again. I bypassed the tiresome automated
service problem apology.
|
|
Full
Story>>
|
|
|
|
|
|
| |
