| |
|
|
 |
 |
|
House pushes ACEF extension to energize farm, fish sectors
The House of Representatives is batting for the extension of the utilization period of the Agricultural Competitiveness Enhancement Fund (ACEF) to give the country’s farm, aquaculture and fisheries sectors more time to avail of assistance and build up their productivity as they gird for stiffer global competition.
Global oil prices continue to fall
SINGAPORE, Sept. 11 (Reuters) — Oil prices slipped under $ 66 on Monday, adding to last week’s slide on an improved US supply picture and signs of easing tension over Iran’s nuclear program.
Project to cost P675 million
Publicly-listed Alaska Milk Corp., one of the two milk producers in the country, headed by Wilfred Steven Uytengsu, Jr., is investing in a completely new milk manufacturing plant at a cost of P675 million.
Japan, RP EPA to boost economy
The economic partnership between Japan and Philippines will increase the Philippines real gross domestic product by 1.73 percent to 3.03 percent, studies conducted by research institutions in both countries said.
Mining industry seeks gov’t assurance
Domestic mining players have asked Malacañang’s intervention and direction to restore investor confidence in the mining sector after a series of events that have caused investors to rethink their planned investments in the country.
Task force to raise high power cost at Sept. 29 Summit
A task force on power would raise the issue on the high cost of electricity in the country during the Sept. 29 competitive summit.
Net FDI flows reach $ 1 B in first 6 months
Business Options
All organizations and individuals have their own goals and objectives to achieve as well as problems and conflicts to resolve. While each one may have different aspirations and be under different circumstances, they are all governed by the same basic variables. The five factors are financial, technical, physical, time and regulatory.
Mirant employees stand to get fat separation package in case of layoff
Employees of Mirant Philippines are well protected in case some of them are laid off once the power assets of the American firm are sold because they are among the highest paid in the private sector and have among the most generous benefits packages in the country, including those for severance, Mirant Chairman and President Jose Leviste Jr. said yesterday.
ERC drafts new cost recovery formula
After scrapping the automatic recovery scheme, which was initially imposed on Manila Electric Company (Meralco), the Energy Regulatory Commission (ERC) bared that it will draw up a new formula that will be in keeping with the Supreme Court (SC) ruling on cost recoveries.
Asian currencies weaken as $ gains
SINGAPORE, Sept. 11 (Reuters) — Most Asian currencies weakened on Monday after the US dollar jumped to six-week highs against the euro and rose against the yen, propped up by technical factors and expectations of further US monetary tightening.
Mining group moves investment confab to 2007 amid policy worries
MANILA (XFN-ASIA) - The Chamber of Mines of the Philippines has decided to postpone the holding of an annual international investment conference in Manila, originally set for next month, to 2007, amid worries over unstable government policies that may turn off investors.
P/$ rate closes at P50.54 to $ 1
The peso rate closed lower at P50.54 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P50.49 last Friday. The weighted average rate depreciated to P50.552 from P50.508. Total volume amounted to $ 344 million.
|
|
|
|
|
