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Monday, August 17, 2009 |
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Alternatives to Laiban proposed–Maynilad
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By Chino S. Leyco, Reporter
HONG KONG: Investor groups have proposed two alternatives to the
controversial Laiban dam project, according to the concessionaire of
state-run Metropolitan Waterworks and Sewerage System’s (MWSS)
West zone.
Rogelio Singson, Maynilad Water Services Inc.
president, said alternative sources of water for Metro Manila
include the Wawa dam in Rizal province, and the mountain ranges of
the Sierra Madre.
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Economic managers submit bigger 2010 budget
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The Development and Budget Coordinating Committee (DBCC) said on
Friday that it proposed a P1.541-trillion budget for the national
government for next year.
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End-June foreign aid disbursement improves
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PHILIPPINE use of official development assistance (ODA) sharply rose
in the first half of the year due to the release of funds to
mitigate the food crisis, the National Economic and Development
Authority (NEDA) said.
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Japan ready to extend loan for digital TV
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THE government of Japan is willing to provide the Philippines a loan
to subsidize digital TV set-top boxes (STBs) for poor Filipinos.
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Biofuel seen key to PUJ operating woes
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THE government is looking to biofuels to help public utility jeepney
(PUJ) drivers and operators cut costs.
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Shoplifting eats into retailers’ margins
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SHOPLIFTING costs local retailers between 2 percent and 3 percent of
their total sales, according to the Philippine Retailers Association
(PRA).
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Meralco rebate looms in September
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MANILA Electric Co. (Meralco) subscribers may enjoy a rebate as
compensation for below
par service from the country’s biggest electricity distributor.
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MPIC sets bulk of capex for water biz
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HONG KONG: The local unit of Hong Kong-listed First Pacific Co. Ltd.
is setting aside the bulk of its capital spending in the next four
years for the improvement of Maynilad Water Services Inc.
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RLC submits challenge for North Bonifacio lot
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ROBINSONS Land Corp. (RLC) is interested in developing state-run
Bases Conversion Development Authority’s (BCDA) North Bonifacio
lot along Kalayaan road.
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Splash to create direct-selling unit
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SPLASH Corp. said it would create a new business unit that would
focus on direct selling.
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BDO Capital sees more bond offerings this year
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MORE companies will borrow money through the bond market in the near
term to support their expansion plans, BDO Capital and Investment
Corp. said.
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BEYOND
THE BUZZWORDS
By Reylito A.H. Elbo
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Zero defects:
Another political horror story
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ONE of the corniest stories I heard from someone talking about
“zero defects” is about a toxic-tough retail storeowner. He was
walking through the packing department one day when he saw a young
man sitting pretty as he was relaxing and whistling in a reception
sofa.
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