| |
|
|
 |
 |
|
Nat’l gov’t posts P197.5-billion outstanding cash balance in Nov.
The National Government (NG) has an outstanding cash balance of P197.45 billion as of November 30 from only P147.23 billion in the previous month, Bureau of the Treasury papers said.
Yao re-elected as President of CTB
Ambassador Alfredo Yao, Philippine Business Bank chair and majority owner of Zesto Philippines, was re-elected to steer the Chamber of Thrift Banks (CTB) for another one-year term.
Average household income: P147,000
Filipino families earned a total of P3.01 trillion in 2006 according to the final results of the 2006 Family Income and Expenditure Survey (FIES).
BoI registers P13-B mining projects
The Board of Investments has registered a total of P13-billion worth of mining projects in 2007 and the agency forecasts a more robust mining sector this year with investments proceeding into the establishment of nickel refineries for the production of high value added products.
Foundation seeks to boost rural dev’t
The country’s big business groups have forged a foundation that would catalyze a greater and faster inflow of private capital into the countryside and alleviate the poverty situation in the rural areas.
P/$ rate stands at P40.60/$ 1
The peso exchange rate closed at P40.60 to the US dollar last Friday at the Philippine Dealing & Exchange Corp., (PDEx). The weighted average rate stands at P40.599.
|
|
|
 |
|
