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Wednesday, January 02, 2008 |
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Govt raises asset-sale target
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THE Department of Finance has increased its
target proceeds from state asset sales this year, but the programmed
amount remains way below last year’s windfall.
In a document, the finance department raised the
expected revenues from privatization to P48.5 billion from the
original goal of P29.5 billion. Last year, actual proceeds reached
P90 billion.
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Local auto assemblers yet to recover from Asian
crisis, says state think tank
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THE Philippine car industry has yet to recover
from the Asian financial crisis as it still faces weak domestic
demand and competition from used imported vehicles, the Philippine
Institute for Development Studies (PIDS) said.
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Overseas developments to dictate pace of trading
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AFTER rising more than 21 percent over the past year, local share
prices will be at the mercy of overseas developments in the coming
week despite strong domestic fundamentals, dealers said on Friday.
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SSS to wait for court ruling on EPCIB stake
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STATE-RUN Social Security System (SSS) said it
wait for the Supreme Court’s resolution on the sale of its shares
in Banco de Oro Unibank Inc. (BDO).
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Financial cost of Philippine-Japan trade
agreement to run to billions
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RATIFICATION of the Japan Philippines Economic
Partnership Agreement (Jpepa) comes with a financial cost, according
to estimates made by the Departments of Trade and Industry and of
Finance.
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SM to build shopping mall in San Pablo
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THE country’s largest mall owner and operator
said it will build another shopping center in Laguna late this year
to early 2009 as part of its provincial expansion.
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MANAGING
FOR SOCIETY
By Dennis Berino
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Hail to the Filipino athletes
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It will be more than two weeks since the 24th edition of the SEA
Games ended when this sees print. I am going ahead however with this
if only to affirm the valiant performance of the Philippine
delegation, specially the athletes...
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