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ECCP promotes RP as main BPO destination for EU firms
The European Chamber of Commerce of the Philippines (ECCP) announced that it has formed a broad government-private coalition that will push the country as a primary outsourcing destination for European companies.
Digital IP cases database rolled out
The Intellectual Property Office of the Philippines (IP Philippines) has turned over the IP Case Database to its partner agencies in the National Committee for Intellectual Property Rights (NCIPR).
TVI to start producing copper and zinc
Toronto Stock Exchange-listed TVI Pacific Inc. is tapping Hill Street Capital LLC of New York to arrange financing for its sulphide plant in Canatuan, Zamboanga del Norte that is set to produce copper and zinc by the third quarter of the year.
Meralco may bid for geothermal plants
Giant utility firm Manila Electric Company (Meralco) is seriously weighing plans to participate in the bidding for the 700-megawatt Tiwi and Makiling-Banahaw geothermal power facilities should this be placed on the auction block this year.
Emerging markets bull run far from over
NEW YORK (Dow Jones) — The emerging markets bull run is nowhere near over, with still more upside in the coming years, but investors would do well in looking outside larger economies such as Brazil, Russia, India and China, or the BRIC countries, a Merrill Lynch global emerging market investment strategist said Tuesday.
P/$ rate closed at P49.090 to $ 1
The peso rate closed at P49.090 to the US dollar last Friday at the Philippine Dealing System of the Bankers Association of the Philippines. The weighted average rate stands at P49.072.
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