|
|
|
Wednesday, April 23, 2008 |
|
|
|
Regulator cites rising prices, costlier jet fuel
|
|
Air travel seen to slow down
|
|
By Darwin G. Amojelar,
Reporter
DOMESTIC air travel will likely
slow down this year owing to higher consumer prices and costlier jet
fuel, the Civil Aeronautics Board (CAB) said.
Porvenir Porciuncula, CAB deputy
executive director and head of economic planning said domestic
travel is projected to grow by 15 percent this year, down from 22.7
percent last year.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Govt rejects bids for medium-term debt papers
|
|
THE government failed to borrow money through the
sale of Treasury bonds that would mature in 2011, as investors
demanded high rates.
|
|
Full
Story>>
|
|
|
|
|
Economic managers set to trim growth goal on high inflation
|
|
THE Bangko Sentral ng Pilipinas (BSP)
said Tuesday that the country’s economic managers are set to lower
their growth target this year on the back of skyrocketing commodity
prices.
|
|
Full
Story>>
|
|
|
|
|
Skyrocketing crude may tip world into recession, says IEA
|
|
ROME: High oil prices could tip the world economy
into recession, the International Energy Agency (IEA) warned on
Tuesday.
|
|
Full
Story>>
|
|
|
|
|
Stock market sharply down on record oil prices
|
|
LOCAL share prices closed sharply lower Tuesday with
record international oil prices triggering fears of runaway
inflation at home, dealers said.
|
|
Full
Story>>
|
|
|
|
|
No balanced budget for RP this year–Fitch
|
|
FITCH Ratings Inc. has ruled out chances for the
Philippines meeting its balanced-budget goal this year.
|
|
Full
Story>>
|
|
|
|
|
Sunset provision inserted in tax-perks bill
|
|
THE Department of Trade and
Industry has agreed to include the principal heads of the Department
of Finance in the Board of Investments as proposed by Congress.
|
|
Full
Story>>
|
|
|
|
|
Ayala Land, GE tie up for ecological villages
|
|
AYALA Land Inc. (ALI) and General Electric have
agreed to collaborate in the development and marketing of the
multinational’s ecomagination products, technologies,...
|
|
Full
Story>>
|
|
|
|
|
Govt to settle arbitration case with
Swss company
|
|
THE government will settle an arbitration case with
Societe Generale de Surveillance (SGS) SA of Switzerland, the
Department of Finance confirmed Tuesday.
|
|
Full
Story>>
|
|
|
|
|
Psalm includes Makiling-Banahaw rehab in Tiwi-Makban auction
|
|
The Power Sector Assets and Liabilities Management
Corp. (PSALM) will include the rehabilitation of the
Makiling-Banahaw geothermal plant in the bidding terms for the
Tiwi-MakBan plant’s privatization.
|
|
Full
Story>>
|
|
|
|
|
One Asia to build medical center, call center in Laguna technopark
|
|
One Asia Development Corp., one of the leading
players in the property sector, said on Tuesday investors will put
up a medical plaza, a condotel, and a call center in the company’s
information technology park...
|
|
Full
Story>>
|
|
|
|
|
SM mid-income property unit’s profit falls
|
|
THE middle-income real-estate
business of the SM group said first-quarter profits plunged due to
mark-to-market losses on its investments as a result of volatility
in the local stock market.
|
|
Full
Story>>
|
|
|
|
|
PLDT, Bayan secure permits to expand in
Vis-Min
|
|
PHILIPPINE Long Distance Telephone Co. (PLDT) and
Bayan Telecommunications Inc. separately received regulatory
approvals for their respective expansion plans in Visayas and
Mindanao.
|
|
Full
Story>>
|
|
|
|
|
Alliance Global earnings surpass initial estimates
|
|
ALLIANCE Global Group Inc. (AGI) announced on Tuesday
that its profit last year outpaced analysts’ expectations on the
back of the improved performance of its subsidiaries and additional
acquisitions.
|
|
Full
Story>>
|
|
|
|
|
VIEWS FROM
A BRIT
By Mike Wootton
|
|
Cost
consciousness
|
|
Is it any wonder that salary levels in oil and gas
work are amongst the highest in any international industry? It costs
an oil major about $500,000 a year to keep an expatriate engineer in
say,...
|
|
Full
Story>>
|
|
|
|
|
|
| |
