|
|
|
Saturday, March 15, 2008 |
|
|
|
OFW remittances surge in Jan.
|
|
MONEY sent home by overseas Filipino workers (OFW)
hit a fresh record last January, the Bangko Sentral ng Pilipinas (BSP)
said Friday.
In a statement, the BSP said remittances coursed
through banks increased 15 percent to $1.264 billion from $1.099
billion in the same period last year. Last January’s growth was
likewise stronger than the rise seen in the two previous months.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Local stock market slides
on worries over inflation
|
|
LOCAL share prices closed lower Friday on lingering concerns about
rising inflation and signs of an economic slowdown in the US,
dealers said.
|
|
Full
Story>>
|
|
|
|
|
Foreign investments in local listed firms, govt
debt papers return in February
|
|
FOREIGN interest in peso-denominated assets such as shares of
Philippine listed firms and government debt papers returned in
February, the Bangko Sentral ng Pilipinas (BSP), citing assurance
given by the double-digit growth in the country’s exports last
December, the lower-than-expected budget deficit, and robust
corporate earnings.
|
|
Full
Story>>
|
|
|
|
|
Top China realtor may bid
for Global City lots–BCDA
|
|
State-owned Bases Conversion Development
Authority said Friday it has lured China’s top realtor Shimao
Group into participating in the bidding for North Bonifacio Lots
after turning down the firm’s unsolicited proposal for the two
properties in Global City.
|
|
Full
Story>>
|
|
|
|
|
DOE greenlights third phase of
Trans-Asia’s service contract
|
|
The Department of Energy (DOE) has given the green light to the
consortium scouring prospective areas in Eastern Visayas for
petroleum reserves.
|
|
Full
Story>>
|
|
|
|
|
IFAD commits assistance
to RP rural development
|
|
The International Fund for Agricultural Development (IFAD) has
committed loan assistance to the Philippines over a five-year period
to finance projects that would help ease the poverty situation in
the rural areas, the National Economic and Development Authority (NEDA)
said.
|
|
Full
Story>>
|
|
|
|
|
Unilever to export Halal food to Middle East
|
|
THE Philippine unit of Unilever said it is set
to export Halal food to the Middle East and other Muslim countries.
|
|
Full
Story>>
|
|
|
|
|
ABS-CBN to cut jobs, streamline operations
|
|
ABS-CBN Broadcasting Corp. said on Friday that it will cut its
workforce after it outsourced transmitter maintenance services to
another company.
|
|
Full
Story>>
|
|
|
|
|
Moody’s sees robust telco sector this
year
|
|
PHILIPPINE telecommunication companies will remain strong this year
owing to sustained demand for mobile phone service, according to
Moody’s Investors Service.
|
|
Full
Story>>
|
|
|
|
|
Saudis to give up Petron stake
|
|
SAUDI Arabia’s Aramco Overseas Co. is set to sell its entire stake
in Petron Corp. to UK-listed Ashmore Group.
|
|
Full
Story>>
|
|
|
|
|
Allied Bank upsizes borrowing
|
|
ALLIED Banking Corp. told the Philippine Stock Exchange that it has
upsized its borrowing by half as investors lapped up its debt paper
offering.
|
|
Full
Story>>
|
|
|
|
|
Atlas unit, Napocor sign
power supply contract
|
|
A UNIT of Atlas Consolidated Mining and Development Corp. has signed
a supply deal with state-owned National Power Corp. (Napocor) for
the electricity needs of its Toledo Copper Mine in Cebu.
|
|
Full
Story>>
|
|
|
|
|
LEARNING
& INNOVATION
By Moje Ramos-Aquino, FPM
|
|
Are entrepreneurs
born or made?
|
|
My friend Gigie Peñalosa has been successfully running her own
company, VCP Trading International, Inc., while my other friend Gina
Camacho is a very successful Paralegal at Hinshaw & Culbertson
LLP, Los Angeles, California.
|
|
Full
Story>>
|
|
|
|
|
|
| |
