THE Philippines is set to reduce the import duty
on oil for the second time this year as international crude prices
still hover above government estimates.
Energy Secretary Angelo T. Reyes said the
Department of Energy has certified a two to three percent cut on the
tariff on imported petroleum products on February 18.
THE operator of the west zone concession of
state-run Metropolitan Waterworks and Sewerage System (MWSS) will
benefit from a World Bank loan the government will take out to
rehabilitate facilities and reduce non-revenue water.
LOCAL share prices are expected to consolidate this week amid a
slowing United States economy and growing domestic political
tensions, dealers said last Friday.
SHANGHAI: As China’s factory floors feel the pressure from
spiraling costs, there is growing nervousness in the rest of the
world that the Asian giant’s next big export could be inflation.
AN American group has offered to undertake the construction of the
Laiban Dam project through a build-operate-transfer (BOT) scheme.
Lorenzo H. Jamora, Metropolitan Waterworks and Sewerage System (MWSS)
administrator...
THE National Telecommunications Commission (NTC)
said mobile phone theft remains prevalent in the country as there is
an international market for stolen phones.
STATE-RUN Cagayan Economic Zone Authority (CEZA) is set to start the
construction of an international airport at the Cagayan Special
Economic Zone and Freeport.
FIL-ESTATE Land Inc. (FELI) failed to attract
majority of its shareholders to participate in a capital-raising
activity done through the sale of new shares to them.
LONDON: Prices of rare metals like cobalt and magnesium are surging
ahead in London, driven by high-end technology and soaring demand
from economic powerhouse China, according to commodities experts.
THE Department of Energy (DOE) has turned over part of a multimillionpeso
loan to the Benguet Electric Cooperative, Inc. (BENECO)
for electrification of far-flung areas in that province.
WE’RE READYING into summer season again. And this is good for our
poor country buoyed by democratic institutions paralyzing us from
our neck down below the vital organ.
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