Trade and Industry Secretary Cesar V. Purisima said yesterday the various measures being implemented by the government will transform the Philippines from a “jeep economy’’ to an economy that runs alongside the global economy in the fast lane.
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The Philippine Stock Exchange (PSE) has acquired another 44 percent of the shares of its subsidiary, the Securities Clearing Corporation of the Philippines (SCCP) to raise its stake from 51 percent to 95 percent.
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The board of directors of the Power Sector Assets and Liabilities Management Corporation (PSALM) has deleted the “matching provision” in the bidding procedure for all assets of state-owned National Power Corporation (NPC) lined up for privatization.
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The Bangko Sentral ng Pilipinas said public sector external debt declined to $37.1 billion in June, down $883 million or 2.3 percent from first-quarter figure ending in March.
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The peso closed higher at P56.315 to the U.S. dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P56.38 the previous day. The weighted average rate appreciated to P56.336 from P56.410. Total volume amounted to $160.5 million.
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SINGAPORE, Sept. 29 (Reuters) — Oil prices hugged $50 a barrel on Wednesday on worries of potential supply disruptions and with US crude inventories expected to fall due to the lingering effects of Hurricane Ivan.
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MANILA, Sept. 29 (AFP) — Higher oil prices, if sustained, could sharply cut economic growth in Asia and trigger spikes in inflation and interest rates, the chief economist of the Asian Development Bank (ADB) said Wednesday.
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SINGAPORE, Sept. 29 (XFN–Asia) — Asian telecommunications company executives meeting here called on the world’s mobile phone makers to manufacture cheaper, less fancy handsets in order to tap the region’s mass market.
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The National Telecommunications Commission (NTC) has come out finally, after five years, with its proposed rules for allocating third generation (3G) radio frequency bands.
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The National Economic and Development Authority (NEDA) has clarified that the cost per kilometer of North Rail civil and track works is only US$4.3 million or P240 million and not P1 billion.
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PASIG CITY — The government’s Career Executive Service Board (CESB) has scheduled for Oct. 24 a Management Aptitude Test Battery (MATB) exclusively for field officials of the Department of Education (DepEd) to enable them to qualify for the forthcoming civil service examination for school superinten
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The Rotary Club of Metro Cubao, the Inner Wheel Club of Metro Cubao, the Department of Interior and Local Government and the Bureau of Fire Protection have signed a memorandum of understanding (MoU) to launch the Quest for the Most Outstanding Fire Station in the NCR beginning on Oct. 1, 2004 "to bo
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Hepatitis B is known to be the most common liver disease and the most dreaded disease aside from AIDS.
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