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Saturday, June 21, 2008 |
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GOCC dividends to govt fall
sharply in first five months
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DIVIDENDS remitted by government-owned and
-controlled corporations to the national government fell sharply in
the first five months of the year, the Bureau of Treasury said
Friday.
In a document, the bureau said it collected
P2.031 billion, or 45 percent lower than the P3.744 billion remitted
in the same period last year.
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PNOC-EC, Indon firm eye joint venture
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PHILIPPINE National Oil Co.-Exploration Corp. (PNOC-EC)
is looking to ink a deal with an Indonesian company for a coal
mining project.
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BayanTrade says it’s a go for planned IPO
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A COMPANY that supports other firms’ supply chain management is
not backing out of its plan to sell its shares to the public for the
first time despite the volatile stock market.
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Megaworld bullish about
profit despite inflation
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DESPITE the surging inflation and creeping
interest rates, the real estate unit of Alliance Global Group Inc.
said that it would still hit double-digit growth in profits this
year as it launches several projects to widen its revenue base.
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Cebu Pacific opens credit
line for govt agencies
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CEBU Pacific on Friday said it is offering low
fares on credit to the government, in a bid to help various agencies
save on travel expenses.
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Domestic inflation pulls down share prices
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LOCAL share prices closed lower Friday on continued worries about
domestic inflation despite gains on Wall Street and the overnight
drop in oil prices, dealers said.
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Japan-Asean free trade
pact on the way for ratification
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TOKYO: Japan’s free trade accord with the Association of Southeast
Asian Nations (Asean) was assured of ratification Friday as the
country’s divided parliament ended its session.
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Dollar slides in Asia as
traders eye Fed meeting
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TOKYO: The dollar edged lower in Asian trade Friday as dealers sat
on their hands ahead of next week’s Federal Reserve meeting, which
could yield clues on prospects for higher US interest rates.
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Saudi oil talks may calm jittery markets
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KUWAIT CITY: OPEC kingpin Saudi Arabia hosts a meeting of the
world’s top oil producers and consumers on Sunday aimed at
soothing rattled markets, but it appears little can be done on the
ground to curb soaring prices, analysts say.
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Vietnam may export more
rice once local supply is met
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HANOI: Vietnam, the world’s number two rice exporter, said Friday
it would increase exports of the grain after determining the country
had sufficient supplies for the domestic market.
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Sony Corp. shareholders vote down
proposal to reveal CEO pay secret
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Tokyo: Sony Corp. shareholders on Friday voted down a proposal to
force the electronics giant to reveal how much it pays top
executives including chief executive Howard Stringer.
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Kuwaiti assets rise to
264 billion dollars–report
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KUWAIT CITY: Financial assets of OPEC member Kuwait rose to a record
70.21 billion dinars ($264.4 billion) as of March 31, Kuwaiti
newspapers reported Friday, quoting official figures.
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LEARNING
& INNOVATION
By Moje Ramos-Aquino, FPM
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Shifting frame of
references
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One of the best things that happened at the 2008 ASTD International
Conference & Exposition in San Diego early this month was having
Malcolm Gladwell as a keynote speaker.
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