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Saturday, June 20, 2009 |
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SPECIAL REPORT
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Fall of economic pillar shatters complacency
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(Last part)
THE Philippines’ disappointing first-quarter economic
performance has shattered the official consensus about the
country’s supposed resilience amid the worst financial crisis
since the 1930s Great Depression.Before the shocking admission that
it was “teetering into recession,” the country’s economic
managers were unanimous in saying four things.
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World crude prices climb toward $72 a barrel
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LONDON: Oil prices headed higher toward $72 a barrel on Friday,
spurred by hopes that the worst is over for the ailing global
economy, analysts said.
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Trade assures ample supply, stable prices of anti-flu items
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THE Department of Trade and Industry (DTI) said there is sufficient
supply of health-care goods, and their prices remain stable amid the
spread of the A(H1N1) virus in the country.
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Japan to guarantee new RP debt-paper sale
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The Department of Finance and Japan Bank for International
Cooperation on Friday signed a memorandum of agreement (MOU), under
which the Japanese agency would guarantee the Philippines’ planned
sale of Samurai bonds or IOUs in the next two years.
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Megaworld sees lift from rentals
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The property arm of Alliance Global Group Inc. (AGI) said it expects
higher revenues from its rental space business even as it projected
slower earnings growth this year.
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MPIC trims exposure to real estate business
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THE Philippine unit of Hong Kong’s First Pacific Co., Ltd. said it
will soon trim its exposure in Landco Pacific Corp.
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TeaM Energy defers expansion
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TeaM Energy Corp. placed its expansion plans on the back burner
because of a slowdown in demand.
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ERC requires permit for elevated meters
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The Energy Regulatory Commission (ERC) said that utilities should
seek its approval first before installing elevated electric meters
(EMC) since these prevent customers from monitoring their own
consumption.
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LEARNING
& INNOVATION
By Moje Ramos-Aquino, FPM
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Expectations of
the Millenials and how they learn
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Last column, we described them and asked you if you are ready for
the millenials or net gens (those born 1977 to 97) and our reference
is the thoughtful keynote speech of Tony Bingham at the immensely
successful ASTD 2009 Conference & Exposition in Washington, D.C.
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