The Asian Development Bank (ADB) expects the Philippine economy to maintain its growth momentum in 2004 and 2005 spurred by consumer spending, better weather, growth in services and improving intra-Asian trade.
|
 |
The long-time monopoly of the country’s major oil players in setting up gasoline stations along the expressways is already due for disintegration with the groundbreaking yesterday of a proposed service station to be constructed by Total (Philippines) Corporation along the South Luzon Expressway.
|
|
The Securities and Exchange Commission is exploring an option to move into a unified regulation of the country’s banking, securities and insurance industries.
|
|
The peso closed lower at P55.75 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P55.63 the previous day. The weighted average rate depreciated to P55.695 from P55.577. Total volume amounted to $157.7 million.
|
|
The Department of Energy (DoE) has set out rules and criteria on capital inflows being enticed to serve the electricity needs of the remote and so-called unviable areas.
|
|
The Canadian trade office is foreseeing Canada’s capability to overtake the United States as the biggest supplier of wheat in the Philippines, claiming Canada’s hard spring wheat used in the popular bread "pandesal’’ is of excellent quality.
|
|
San Miguel Corporation (SMC) beefs up its bid to become a logistics and distribution powerhouse with the inauguration of its Manila Harbor Distribution Center managed by San Miguel Logistics Asia Corporation (SMLAC).
|
|
NEW YORK (dpa) — Young people today are better off than previous generations even though many are severely hindered by a lack of education, poverty, health risks, unemployment and the impact of conflict, the United Nations said in a study published Tuesday.
|
|
It’s meal time and your child would rather play than eat and when you do get them to sit down, they refuse to touch it or just pick at it, hoping you’ll take it away.
|
|
In a country where quality is always equated with high price, the introduction of low-priced brand of commodities is often met with raised eyebrows. This doubt grows when the commodity being introduced is a medicine.
|
|
Economic growth in East Asia is expected to hit its highest level in four years at 6.9 percent in 2004 on the back of a booming China, an Asian Development Bank (ADB) report released Wednesday said.
|
|
MANILA, Apr. 28 (AFP) — India, Pakistan and Taiwan are at risk of a banking sector crisis unless the authorities push through reforms of the industry, the Asian Development Bank (ADB) warned Wednesday.
|
|
LONDON (Dow Jones) — May 1 could bring a rude awakening for the euro.
|
|
BRUSSELS, Apr. 28 (Reuters)—The European Union is faltering in its bid to become the world’s most competitive economy by 2010, according to a report which says two of the three most competitive European countries are outside the EU.
|
|
LOS ANGELES — Marriott International, Inc. remains committed to expand its hotel business in the Philippines and is looking to building another hotel in Manila over the next three years.
|
|
Since the Asian Crisis broke out in 1997, the management of foreign exchange risk has become a very important concern of financial managers especially but not limited to Multinational companies operating in the region. This article will outline the forex rate issues confronting the Philippines vis-a
|
|
Mitsubishi Motors Corp. (MMC) of Japan has committed a total of P10 billion investments in the country for the production of 200,000 units by its subsidiary Mitsubishi Motor Philippies Corp. (MMPC) of small new sports utility vehicles over a seven-year period estimated to generate exports revenue of
|
|
TOKYO (Dow Jones) — The yen rose against the dollar and the euro in Asia Wednesday, as buying from Japanese exporters prompted traders to cover short yen positions before the start of Japan’s Golden Week holidays tomorrow.
|
|
|
