|
|
|
Saturday, July 11, 2009 |
|
|
|
RP exports decline through May
|
|
By Darwin G. Amojelar, Senior Reporter
SALES of Philippine-made goods abroad kept contracting last May,
raising doubts on whether the domestic economy could recover in the
second quarter this year.
In a statement, the National Statistics Office (NSO)
said merchandise exports slid by 27 percent to $3.087 billion in May
from $4.225 billion in the same period last year.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
BSP gives nod to add’l govt borrowing
|
|
THE policy-making Monetary Board has approved a national government
plan to raise more money through the sale of bonds or IOUs in the
international market, the Bangko Sentral ng Pilipinas (BSP) said on
Friday.
|
|
Full
Story>>
|
|
|
|
|
Kirin-SMB deal lifts foreign investments
|
|
THE sale of a substantial stake in San Miguel Brewery Inc. (SMB) to
a Japanese beer-maker propped up foreign direct investment (FDI)
inflows to the Philippines in the first four months of this year.
|
|
Full
Story>>
|
|
|
|
|
Weak peso seen on slow remittances, fiscal blowout
|
|
A local bank sees the peso would remain under pressure against the
US dollar as demand for the greenback would pick up ahead of the
import season and overseas Filipino remittance inflows continue to
slow down.
|
|
Full
Story>>
|
|
|
|
|
Narrow escape from contraction expected
|
|
The Philippine economy will grow by only a quarter of a percent this
year, barely escaping a contraction due to public spending and
easing inflation, Metropolitan Bank and Trust Co. (Metrobank) said.
|
|
Full
Story>>
|
|
|
|
|
Stocks climb ahead of second-quarter earnings
|
|
Local share prices closed 0.54 percent higher Friday as investors
built up positions in blue-chips ahead of the earnings reporting
season for the three months to June, dealers said.
|
|
Full
Story>>
|
|
|
|
|
After rival pulls out service
|
|
PAL suspends flights to Caticlan
|
|
Philippine Airlines (PAL) on Friday announced said it would suspend
its direct flights to Caticlan, Aklan, effective July 13, after aviation regulators
imposed new restrictions in the small airport.
|
|
Full
Story>>
|
|
|
|
|
Highlands buys adjacent Tagaytay lot
|
|
THE high-end property firm of mall tycoon Henry Sy has acquired a
big property in Canlubang, Laguna, that is adjacent to its maiden
project.
|
|
Full
Story>>
|
|
|
|
|
Insular Life reports loan allotment to big companies
|
|
Insular Life Assurance Co. said it has extended loans to the
country’s top corporations to help finance their expansion plans.
|
|
Full
Story>>
|
|
|
|
|
PhilPaSS revenues drop on lower deals
|
|
The Bangko Sentral ng Pilipinas (BSP) said revenue growth from the
Philippine Payments and Settlements System (PhilPaSS) slackened in
the first quarter of the year due to lower value of bank
transactions.
|
|
Full
Story>>
|
|
|
|
|
Robinsons Land ups bond sale on demand
|
|
THE property arm of the Gokongwei group said it has increased the
amount of debt papers it sold to meet high demand from retail and
institutional investors.
|
|
Full
Story>>
|
|
|
|
|
Chinese firm wins CFL supply contract
|
|
The Department of Energy (DOE) has awarded to a Chinese firm a
multimillion-peso contract for the supply of compact fluorescent
lamps (CFLs).
|
|
Full
Story>>
|
|
|
|
|
Big Three to tap third party for Pandacan
|
|
The country’s “Big Three” oil firms will tap an independent
risk assessor to study the environmental and security measures at
the Pandacan depot within the month.
|
|
Full
Story>>
|
|
|
|
|
Remaining Galoc consortium members raise stake in oil well
|
|
SOME of the Galoc oil field’s consortium members jacked up their
interest in the project with the exit of two minority stakeholders.
|
|
Full
Story>>
|
|
|
|
|
PSE lauds lifting of doc stamp tax
|
|
THE law abolishing the documentary stamp tax (DST) on secondary
trading of shares will stimulate market and economic activity, the
Philippine Stock Exchange said.
|
|
Full
Story>>
|
|
|
|
|
Asean group pushes regional grid to secure power amid crisis
|
|
The heads of the region’s electricity firms are eyeing the
development of an Association of Southeast Asian Nations (Asean)
power grid to soften the effects of the global financial crisis on
state-owned utilities and to secure the region’s power supply.
|
|
Full
Story>>
|
|
|
|
|
LEARNING
& INNOVATION
By Moje Ramos-Aquino, FPM
|
|
Learning through
Facebook, Twitter and LinkedIn
|
|
I learned about the death of Michael Jackson first on Twitter.
I have been in Facebook, Twitter and LinkedIn in
less than a year, already I...
|
|
Full
Story>>
|
|
|
|
|
|
| |
