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Thursday, July 03, 2008 |
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Landline business buzze
a new on wireless service
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By Darwin G. Amojelar Reporter
THE National Telecommunications
Commission (NTC) said the wireless landline (WLL) service revived
telecom companies’ landline business last year.
Data from NTC showed that the
fixed line subscribers rose by 8 percent to 3.9 million last year
from 3.6 million in 2006. The landline business had fallen on hard
times due to the popularity of text messaging or SMS (short
messaging service).
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RP growth may expand below target
this year due to costlier food, oil–UN
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THE Philippine economy is likely to expand below the
government’s goal this year and next on the back of costlier food
and oil, the United Nations (UN) said.
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Stocks fall to 22-month low
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LOCAL share prices closed down to a fresh 22-month
low on Wednesday as high oil prices fueled more fears of a surge in
domestic inflation, dealers said.
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Philippines dubbed hottest property
hub as BPOs increase presence here
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GROWING investment opportunities
in tourism, infrastructure and business process outsourcing (BPO)
make the Philippines the “hottest” real-estate hub in Southeast
Asia, according to real-estate services firm CB Richard Ellis (CBRE).
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ALI readies capex for Camp John Hay
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AYALA Land Inc. (ALI) will spend
about P3 billion for the development of mixed-use facilities inside
the Camp John Hay.
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Little impact on RP seen from Pacific tuna ban
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TUNA industry experts said a ban imposed by Papua New
Guinea, the Solomon Islands and six other Pacific nations on tuna
boats in their waters is unlikely to slow down Philippine players.
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Costly goods endanger governments’ fiscal health, IMF says
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THE fiscal health of governments
may suffer amid skyrocketing commodity prices, as more money is
allocated for food subsidies this year, the International Monetary
Fund (IMF) warned Wednesday.
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Japanese shares post longest slump in 40 years
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TOKYO: Japanese share prices closed down 1.31 percent
Wednesday, falling for a 10th straight session in the market’s
longest losing streak in more than 43 years, dealers said.
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End blame game, oil powers told
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JAKARTA: Indonesian President Susilo Bambang
Yudhoyono issued an impassioned plea Wednesday for oil powers and
consumer nations to stop the blame game over oil prices and join
forces to calm the raging market.
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IATA: Air traffic holds up against economic slowdown in May
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GENEVA: International air traffic held up against the
economic slowdown in May, growing by 6 percent from the equivalent
figure last year, the air travel industry body, International Air
Transport Association (IATA), ...
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Preserving a stronger Philippines for 15 years
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On July 3, 1993, the Bangko Sentral ng Pilipinas (BSP)
was re-chartered as the country’s central bank, following the New
Central Bank Act of 1993. Now already celebrating its 15th
anniversary,...
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BIZZ
FIZZ
By Rene Martel
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The hidden lure
of plastic
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WHEN the going get tough the tough go shopping—and usually armed
with a wad of plastic cards. It goes without saying that owning one
or more credit cards offer a multitude of benefits,...
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