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Tuesday, June 10, 2008 |
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Consumer complaints vs.
telcos jump year on year
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CONSUMER complaints against telecom companies
last year jumped from a year ago, according to the National
Telecommunications Commission (NTC).
Data from NTC showed complaints lodged against
telcos rose by 75 percent to 1,069 last year from 610 in 2006. Of
the total number of complaints last year, 98 percent were resolved.
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Peso to recover by year-end–Central bank
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THE peso will recover in the fourth quarter of
the year, the Bangko Sentral ng Pilipinas (BSP) said after the local
currency slipped to the 44-to-a-dollar level last week on higher
inflation.
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RP seeks multibillion
assistance from ADB, WB
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THE Philippines is seeking multibillion-dollar loans from two
multilateral funding institutions this year and next to fund
big-ticket infrastructure projects and social services, the National
Economic and Development Authority (NEDA) said.
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Lending seen rising despite BSP rate hike
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BANK lending will sustain its growth this year despite the recent
hike in the Bangko Sentral ng Pilipinas’ (BSP) key policy rates,
the central bank said.
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Cut in electricity rates unlikely to follow
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Group warns vs. tinkering with Epira
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A GROUP of private power plant operators warned
that consumers are unlikely to reap the benefits of lower
electricity rates if Congress pushes through with amendments to the
Electric Power Industry Reform Act of 2001 (Epira).
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SEC mulls risk-based capital rule for preneed
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TO make the industry responsive to present realities like rising
cost of goods and services, the Securities and Exchange Commission
(SEC) is studying the possibility of applying a risk-based capital
adequacy requirement on pre-need companies.
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Magsaysay group buys
vessels to meet int’l rules
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THE Magsaysay Group of Companies is buying three double-hull vessels
to meet rules set by the International Maritime Organization (IMO),
a Sumilon Island Tankers Inc. official said.
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Pagcor seen underreporting income, taxes
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STATE-RUN Philippine Amusement and Gaming Corp. (Pagcor) may be
underreporting its income, thus its taxes, according to a government
think-tank.
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Tax perks sought for MacroAsia mine
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MACROASIA Corp. applied for tax incentives and other perks from the
Board of Investments (BOI) for its nickel exploration project in
Palawan.
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Oil price hovers near $140 a barrel
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LONDON: Oil prices eased on Monday but held near $140 a barrel after
rocketing to record heights late last week, sparking a fresh call
from consumer nations for higher global production.
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BIZZ
FIZZ
By Rene Martel
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Spreading English as opposed to ‘Taglish’
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FILIPINOS may sometimes take jocular pride in their mastery of
“Taglish”—the home bred version of the Queen’s English (as
the Brit’s would define their native tongue).
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MANAGING
FOR SOCIETY
By Margaret Que
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Senate hearings: Rated R
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On the few occasions that my blood pressure allows me to watch
televised Senate hearings I pause and wonder who it is that they
refer to when they say “the honorable gentleman/lady;” and
visibly cringe when I see some of the respondents.
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