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Tuesday, July 01, 2008 |
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RP foreign debt
rises in Q1
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By Chino S. Leyco Reporter
The Philippines’ outstanding
external debt was slightly higher in the first quarter of the year
than in the same period last year, the Bangko Sentral ng Pilipinas (BSP)
said Monday.
In a statement, the BSP said
outstanding foreign debt stood at $54.6 billion in January to March,
wee higher than the $54 billion recorded in the same period last
year but slightly lower than the 2007 level of $54.9 billion.
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BSP says inflation
may breach10-year high mark in June; peso drops to 8-month lowi
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DEPRECIATION of the peso against the US dollar may
have pushed inflation to break a 10-year high mark last month, the
Bangko Sentral ng Pilipinas (BSP) said Monday.
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Public sector
surplus target attainable-DOF
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The country will likely meet its target for public
sector surplus this year despite the losses of state-run National
Food Authority (NFA) and the Bangko Sentral ng Pilipinas (BSP), the
Department of Finance said Monday.
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TransCo employees
fear job loss
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While the Philippine government anticipates huge
revenues from the impending privatization of the National
Transmission Corp. (TransCo), the state-grid’s employees are in
state of anxiety over their fate...
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Share prices down
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Philippine share prices closed 0.3 percent lower
Monday as bargain hunters partially counteracted more risk-averse
investors spooked by high oil prices and Wall Street weakness,
dealers said.
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MPIC beefs up
investment portfolio
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Metro Pacific Investments Corp.(MPIC) will embark on
a recapitalization program to give it elbow room to take
on more acquisitions and beef up its portfolio of investments, the
company announced Monday.
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RP food makers bag
huge orders from Taipei
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Philippine food companies are eyeing to take home
more than twofold the amount of orders from international buyers in
the Taipei International Food Show held this month,...
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BIZZ FIZZ
By Rene Martel
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M2M set to get
Manila talking
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THE excitement is building up to a special date in
the relatively short but undoubtedly illustrious life of the
Renaissance Makati City Hotel when on July 8 it will host an
exclusive by-invitation only grand opening bash...
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MANAGING FOR SOCIETY
By Benito L. Teehankee
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Sex and billboards
Part I
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Recently, a billboard for a garment retailer went up
along EDSA featuring a model with no upper clothing with her back to
the camera. This would have been just another in the long series of
billboards showing partial nudity...
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