|
|
|
Saturday, March 14, 2009 |
|
|
|
Economic Managers See Peso Further Weakening
|
|
By Maricel E. Burgonio, Reporter
THE Development and Budget Coordinating Committee (DBCC) may revise
its foreign exchange rate forecast this year amid the peso’s
depreciation against the dollar.
Bangko Sentral ng Pilipinas (BSP) Deputy
Governor Diwa Guinigundo said the DBCC is set to revise upward its
current peso to the dollar rate assumption of P45 to P48 for this
year. This means the country’s economic managers expect the local
currency to further weaken against the greenback.
|
|
 Full
Story>>
|
|
|
|
|
|
|
|
|
Author Tells Smes To Break From The Pack Of Rivalry
|
|
SMALL and medium enterprises (SMEs) in the country can be as
successful as large companies that have become household names like
Starbucks and Microsoft by escaping from the pack of competition.
|
|
Full
Story>>
|
|
|
|
|
Stocks Fall On Profit Taking
|
|
LOCAL share prices ended the week lower as foreign funds sold local
issues, dealers said.
|
|
Full
Story>>
|
|
|
|
|
ERC Sets Power Sector Market Cap
|
|
THE Energy Regulatory Commission (ERC) found no power company
violating the market cap set for generating capacity.
|
|
Full
Story>>
|
|
|
|
|
Asian Giants Mull New Spending As G20 Rifts Emerge
|
|
TOKYO: Japan and China, the world’s second- and third-biggest
economies, said Friday they were ready to boost spending to fight a
worsening downturn as a rift widened over the global response to the
crisis.
|
|
Full
Story>>
|
|
|
|
|
More Oil Output Cuts To Deepen Crisis–IEA
|
|
PARIS: Global oil demand is still falling due to weakening US and
Russian economies, the IEA said on Friday but warned that any
additional Organization of Petroleum Exporting
Countries (OPEC) production cuts could deepen
the global economic crisis.
|
|
Full
Story>>
|
|
|
|
|
French Sony Boss Held Hostage
|
|
MONT-DE-MARSAN, France: Angry workers held the boss of Sony France
hostage Friday to try to make the Japanese electronics giant give
them a bigger pay-off when it shuts their factory, unions said.
|
|
Full
Story>>
|
|
|
|
|
Austria Mulling Changes In Banking Secrecy
|
|
VIENNA: Austria is considering possible changes to banking secrecy
laws but is not ready to lift them completely yet, central bank
chief Ewald Nowotny said.
|
|
Full
Story>>
|
|
|
|
|
Hybrid Price War Looms As Toyota Eyes New Model
|
|
TOKYO: Toyota plans a low-cost hybrid to challenge Honda’s success
with the cheapest model on the market—a move that could spark a
price war over the fuel-efficient cars, a report said Friday.
|
|
Full
Story>>
|
|
|
|
|
China To Launch New Stimulus Measures If Needed
|
|
BEIJING: China has made plans to inject more money into its economy
if needed, Premier Wen Jiabao said Friday, as he admitted the global
crisis was making this year’s growth target hard to achieve.
|
|
Full
Story>>
|
|
|
|
|
Satyam Board Meets To Discuss Takeover
|
|
NEW DELHI: The board of fallen Indian outsourcing giant Satyam met
Friday to discuss potential bidders for the company, whose finances
were left in turmoil by a massive book-keeping fraud.
|
|
Full
Story>>
|
|
|
|
|
Japanese Insurance Companies To Merge
|
|
TOKYO: Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. said
Friday they would merge next year, the latest shake-up in an
industry being squeezed by a weak economy and a shrinking
population.
|
|
Full
Story>>
|
|
|
|
|
Maynilad Resumes BF Homes Service
|
|
MAYNILAD Water Services Inc. has started providing service to BF
Homes-Parañaque after
completing pipe-laying projects last year.
|
|
Full
Story>>
|
|
|
|
|
Alliance Tuna Raises Stake In Indonesian Subsidiary
|
|
ALLIANCE Tuna International Inc. will raise its stake in its
Indonesian subsidiary.
In a disclosure to the Philippine Stock
Exchange, the local tuna cannery said it...
|
|
Full
Story>>
|
|
|
|
|
Eastwest Completes Acquisition Of AIG Unit
|
|
EAST West Banking Corp. has completed its acquisition of all the
shares of AIG PhilAm Savings Bank Inc. (PASB), PhilAm Auto Finance
& Leasing Inc. and PFL Holdings, Inc.
|
|
Full
Story>>
|
|
|
|
|
UPS, 2GO In Partnership
|
|
UNITED Parcel Services (UPS) Philippines on Friday said it has
partnered with 2GO to expand its coverage across the country.
|
|
Full
Story>>
|
|
|
|
|
Etelecare Signs Deal With Peek
|
|
ETELECARE Global Solutions said Friday that it signed an agreement
with the creator of the world’s first electronic mail-only mobile
device.
|
|
Full
Story>>
|
|
|
|
|
LEARNING
& INNOVATION
By Moje Ramos-Aquino, Fpm
|
|
Beliefs Are Self-Fulfilling
Prophecy
|
|
Another favorite song is Mariah Carey’s “Hero:”
There’s a hero if you look inside your heart
You don’t have to be afraid of what you are.
|
|
Full
Story>>
|
|
|
|
|
|
| |
