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Saturday, May 10, 2008 |
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Electronics, sales to US weaken
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March exports
contract
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By Darwin G. Amojelar, Reporter
PHILIPPINE sales of goods abroad
fell in March on flagging electronics
shipments and weak exports to the United States.
The National Statistics Office (NSO)
on Friday reported that export earnings that month slipped 6.8
percent to $4.181 billion from $4.487 billion in the same period
last year.
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Jack ‘n’ Jill
maker to buy Granny Goose, raise prices
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THE food and beverage arm of JG Summit Holdings Inc.
announced on Friday that it will buy the snack foods business of
General Milling Corp. (GMC), maker of Granny Goose, Home Pride,
General Feeds, and Islands Flour.
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Bargain hunting
lifts stock market despite caution
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LOCAL share prices closed higher on Friday, as
bargain-hunters snapped up battered stocks, dealers said Friday.
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Extension of tax
amnesty rakes in more revenues
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THE Bureau of Internal Revenue said Friday that its
extended tax amnesty
program has collected almost a billion pesos in additional funds.
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Jaguar exceeds
domestic sales target
ahead the launch of new model
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THE Philippine distributor of luxury-vehicle brands
Jaguar and Land Rover on Friday said it surpassed its sales target
for the first quarter this year.
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BDO sees
double-digit profit rise
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BANCO de Oro Unibank Inc. (BDO) is likely to post
double-digit profit
growth this year despite rising interest rates and operating costs.
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Robinsons Land to
build Makati mixed-use project
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ROBINSONS Land Corp. (RLC) told the Philippine Stock
Exchange on Friday that it entered into a joint venture agreement
with a unit of Security Bank Corp. and a mining firm for the
development of a property...
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Aboitiz Power unit
secures bank borrowings
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THE Aboitiz group’s hydroelectric power unit is set
to take out a multibillion-peso loan from various commercial banks.
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Coca-Cola, Procter
& Gamble products banned
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SHANGHAI: China said Friday it had banned sales of a
soft drink made by Coca-Cola and two flavors of
Procter&Gamble’s Pringles potato crisps due to fears they
contained harmful substances.
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TorrentSpy to
appeal court ruling on piracy
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SAN FRANCISCO: A TorrentSpy lawyer vowed Thursday to
appeal a $110-million legal judgment against the website for
directing people to unauthorized online copies of films and
television shows.
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LEARNING &
INNOVATION
By Moje Ramos-Aquino, FPM
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It has become
expensive to live here in Manila
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I’ve been doing a lot of marketing in wet markets
and grocery stores since I arrived. Not surprisingly, prices of even
basics like onions, garlic, tomatoes, fish, pork, chicken and many
others,...
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