|
|
|
Monday, January 21, 2008 |
|
|
|
Disbursement of foreign aid
jumps on govt infra projects
|
|
PHLIPPINE use of official development assistance
(ODA) jumped by half in the first nine months of last year as the
government addressed project implementation bottlenecks, the
National Economic and Development Authority (NEDA) said.
Documents obtained from the agency’s Project
Monitoring Staff showed that total donor aid disbursed for public
projects jumped 51.62 percent to $1.3 billion at end-September from
$867.18 million in the same period in 2006.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
President Bush’ economic stimulus: Measured
medicine or fiscal folly?
|
|
WASHINGTON: Is the economic stimulus plan of at least $140 billion
expected to come out of Washington the right medicine for an ailing
US economy, or an election-year fiscal folly?
|
|
Full
Story>>
|
|
|
|
|
Prelimianry data points to 2007 budget gap
|
|
THE Department of Finance (DOF) expects the government to have ended
2007 with a budget deficit despite a record surplus in November due
to heavy state-asset sales.
|
|
Full
Story>>
|
|
|
|
|
Collection exceeds expanded
VAT target at end-September
|
|
Government exceeded its collection target for
the expanded value- added tax (VAT) in the first nine months of last
year, Department of Finance data showed.
|
|
Full
Story>>
|
|
|
|
|
Stock market seen correcting this week
|
|
LOCAL share prices are due for a technical rebound this week after
companies lost almost a tenth of their value in the past five
trading days amid fears of a US recession, dealers said last Friday.
|
|
Full
Story>>
|
|
|
|
|
BOI mulls limited perks for mining, housing
|
|
THE government this year may limit tax perks
granted to mining and mass housing investments, the Board of
Investments (BOI) said.
|
|
Full
Story>>
|
|
|
|
|
First Gen to fast-track expansion
of geothermal unit
|
|
FIRST Gen Corp. plans to fast track the expansion of its recently
acquired geothermal unit, the Philippine National Oil Co.-Energy
Development Corp. (PNOC-EDC).
|
|
Full
Story>>
|
|
|
|
|
Philippine economy seen
to remain firm ‘til 2009
|
|
THE Philippine economy is expected to remain strong over the next
two years, driven by private consumption and inflows of remittances
from Filipinos working overseas, the Economist Intelligence Unit (EIU)
said.
|
|
Full
Story>>
|
|
|
|
|
Citibank expects credit card
issuance to pick up
|
|
CITIBANK N.A. said it will increase the number of credit cards it
would issue this year by targeting the “emerging segments” to
maintain its market leadership.
|
|
Full
Story>>
|
|
|
|
|
Union Bank to increase lending
|
|
The banking arm of the Aboitiz group said it will grow its lending
business at a modest pace this year as it anticipates increased
borrowing from consumers and private firms that would be taking
advantage of the low interest rate regime.
|
|
Full
Story>>
|
|
|
|
|
Air Philippines set to acquire more aircraft
|
|
AIR Philippines is acquiring new aircraft to serve its expanded
network, the president of Philippine Airline (PAL) said.
|
|
Full
Story>>
|
|
|
|
|
Universal Robina raises 2008
capital expenditures
|
|
THE maker of the popular C2 tea drink and Jack
’n Jill snack foods has accelerated its capital expenditure this
year to finance the continued expansion of its branded consumer
products.
|
|
Full
Story>>
|
|
|
|
|
Zest-O maker buys stake in second airline
|
|
THE owner of Zest-O and RC-Cola has acquired domestic passenger
airline Asian Spirit, according to a person familiar with the
matter.
|
|
Full
Story>>
|
|
|
|
|
BEYOND
THE BUZZWORDS
By Reylito A.H. Elbo
|
|
Halo effect:
Wonderful thing in free enterprise
|
|
IT WILL PROBABLY come as no surprise to you that I got the idea of
business excellence from my late mother—Nanay Lucing who was my
business mentor. Why not?
|
|
Full
Story>>
|
|
|
|
|
|
| |
