|
|
|
Saturday, March 08, 2008 |
|
|
|
Money supply growth eases
|
|
BSP set to revise inflation
forecast due to costlier oil
|
|
AFTER consumer price increases accelerated to a
16-month record, the Bangko Sentral ng Pilipinas (BSP) said it will
revise its inflation forecast for the next two years, citing
costlier crude and food items.
BSP Gov. Amando M. Tetangco Jr. said the
Monetary Board will revisit its estimates during its next meeting
this month given recent developments in oil and food prices. The BSP
had forecast inflation to range from 3.5 percent to 4.4 percent this
year and from 2.1 percent to 3.3 percent next year.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Dollar reserves at an all-time high on proceeds
from January borrowing
|
|
THE country’s dollar reserves hit an all-time high at
end-February, according to the Bangko Sentral ng Pilipinas (BSP),
citing the national government’s deposit of proceeds from a fresh
borrowing last January.
|
|
Full
Story>>
|
|
|
|
|
Cheaper power seen uncertain
under open access
|
|
OPEN access, wherein consumers choose their
power suppliers, is unlikely to directly benefit households, an
Energy Regulatory Commission (ERC) official, said.
|
|
Full
Story>>
|
|
|
|
|
Stock market slumps after
sell-off in Wall Street
|
|
LOCAL share prices closed sharply lower on Friday following a
sell-off on Wall Street caused by fresh concerns over more credit
problems in the United States, dealers said.
|
|
Full
Story>>
|
|
|
|
|
Car sales register double-digit
growth at end-Feb.
|
|
Auto sales posted double-digit growth at
end-February with commercial vehicles registering the biggest
volume, the Chamber of Automotive Manufacturers of the Philippines
Inc. said Friday.
|
|
Full
Story>>
|
|
|
|
|
Govt to support proposal
for coconut-based flour
|
|
IN a bid to address the scarce supply of wheat
and flour products worldwide, the government has backed the private
sector’s proposal to use coconut flour as substitute ingredient in
making pan de sal.
|
|
Full
Story>>
|
|
|
|
|
Govt sees improved fiscal
performance in Jan-Feb
|
|
PHILIPPINE fiscal performance and revenue collections in the first
two months of the year showed improvement from last year’s record,
the Department of Finance announced Friday.
|
|
Full
Story>>
|
|
|
|
|
Call center agents leave
industry despite boom
|
|
WHILE the Philippine contact center industry is
projected to grow at a faster pace this year than its Asian
counterpart, the number of Filipino agents leaving their work is
increasing, according to an Asia Pacific research and analyst firm.
|
|
Full
Story>>
|
|
|
|
|
Lack of funding halts
LandBank, DBP merger
|
|
THE planned merger of Land Bank of the
Philippines and Development Bank of the Philippines (DBP) may no
longer push through after it failed to get the imprimatur of the
Department of Finance.
|
|
Full
Story>>
|
|
|
|
|
SMDC profit surges on condo sales
|
|
SM Development Corp. (SMDC) announced on Friday that its profit last
year surged as revenues increased by three-fold on robust sales of
its residential condominium units.
|
|
Full
Story>>
|
|
|
|
|
AES Phils enters power distribution business
|
|
AES Philippines Inc. has gained a license to sell electricity to
distribution utilities after the Energy Regulatory Commission (ERC)
approved the same.
|
|
Full
Story>>
|
|
|
|
|
Aboitiz buys out power supplier
of industrial park in Cebu
|
|
ABOITIZ Power Corp. gained full control of a power firm supplying
electricity to an industrial park in Cebu after buying out
Japanese-firm Tsuneishi Holdings Inc.’s (Tsuneishi) stake in the
utility.
|
|
Full
Story>>
|
|
|
|
|
LEARNING
& INNOVATION
By Moje Ramos-Aquino, FPM
|
|
What are we teaching
our young Filipinos?
|
|
THE Rotary Club of Mandaluyong North recently conducted a career
orientation program for some 900 senior students at Neptali Gonzales
High School.
|
|
Full
Story>>
|
|
|
|
|
|
| |
