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Monday, September 01, 2008 |
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Small player to give top TV
networks a run for their money
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By Darwin G. Amojelar, Reporter
AMID shrinking corporate ad spending and the
dominance of two TV networks, a small player aims to shake up the
industry by tapping the mass youth market through innovative
programming.
Associated Broadcasting Co. (ABC)
Channel 5, owned by Antonio Cojuangco, will do it through the help
of Media Prima Berhad, a Malaysian company.
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BSP seen to pursue rate
tightening to curb inflation
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Bangko Sentral ng Pilipinas (BSP) is expected to continue its
tightening mode to stabilize inflation.
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Insurers want new taxes scrapped
to prevent high premiums
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PHILIPPINES’ non-life insurers urged the Bureau of Internal
Revenue (BIR) to scrap new taxes so as to make insurance affordable
to majority of Filipinos, particularly the poor.
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RP tax effort improves in first semester
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THE Philippines’ tax effort rose in the first half of the year
after the two revenue-generating agencies’ improved collections on
higher inflation, according to the Department of Finance (DOF).
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IMF to govt: Fast-track
key legislative measures
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TO compensate with the government losses from
withholding tax exemption and reduction of corporate income tax next
year, the International Monetary Fund (IMF) is urging the Arroyo
administration to prioritize legislative measures that concern
fiscal policies.
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PLDT to spend big bucks on NGN rollout
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PHILIPPINE Long Distance Telephone Co. (PLDT)
plans to spend big bucks to build a next generation network (NGN)
technology for its telephone service nationwide as it expects
revenue to reach hundreds million of pesos in five years.
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Govt set on completing natural
gas pipeline in three years
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The government is eyeing to complete the development of a strategic
network of gas infrastructure in less than three years time that
would make the supply of relatively cheaper and cleaner natural gas
available for the transport sector in Luzon.
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BEYOND
THE BUZZWORDS
By Reylito A.H. Elbo
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GembaKaizen: BI’s
expensive solution to a problem
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TODAY we’re going to talk about low-cost and common-sense ideas
which are totally alien to the majority of our public servants,
because they’re from outer space. And for this matter, I’d like
to borrow from the teachings of Taiichi Ohno, the Japanese who
invented the Toyota Production System.
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Ayala Land warns of
continuing price increases
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Ayala Land Inc. (ALI) may continue increasing
its prices up to the end of the year given the soaring prices of
construction materials, its executives said.
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Napocor seeks generation rate increase
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State-owned National Power Corp. (Napocor) is seeking a higher
adjustment in its basic generation rate than the one it originally
filed for with the Energy Regulatory Commission (ERC).
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BSP allows Metrobank
to issue LTNCDs, expand
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Metropolitan Bank and Trust Company (Metrobank), the country’s
largest bank, will raise capital through the issuance of long-term
negotiable certificates of time deposit (LTNCD).
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