Business

Sun, Aug 15 2010
PNoy admin to privatize govt TV stations

PNoy admin to privatize govt TV stations

Also in: Business Headlines

The Aquino administration is eyeing the privatization of sequestered television stations RPN 9 and IBC 13 after two years at the earliest, Presidential Communications Office (PCO) secretary Herminio Coloma... 

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Mon, Apr 26 2010
Inflation may hit as high as 4.8 percent in April — BSP

Inflation may hit as high as 4.8 percent in April — BSP

The Bangko Sentral ng Pilipinas (BSP) expects inflation at 3.9-4.8 percent this month as rising oil and electricity rates offset falling rice prices and the peso’s continued rise against the dollar.... 

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Sun, Apr 25 2010
Remittance growth goal hiked to 8%

Remittance growth goal hiked to 8%

MANILA, Philippines – Remittances will likely grow faster than initially expected this year, the Bangko Sentral ng Pilipinas (BSP) said, as it noted strong demand for Filipino workers abroad and... 

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Fri, Apr 23 2010
Government sells $416-million OFW bonds

Government sells $416-million OFW bonds

MANILA, Philippines – The government has so far sold $416 million worth of Fixed Rate Multicurrency Retail Treasury Bonds or the so-called OFW bonds as of yesterday. The amount is $84 million short... 

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Thu, Apr 22 2010
IMF official presses Philippines to improve tax collection

IMF official presses Philippines to improve tax collection

MANILA, Philippines – Tax collection efforts have to be improved by the Philippines if the country is to grow at the same pace as its Southeast Asian peers, an International Monetary Fund (IMF) official... 

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Wed, Apr 21 2010
IMF hikes RP growth forecast to 3.6%

IMF hikes RP growth forecast to 3.6%

MANILA, Philippines – The International Monetary Fund (IMF) upgraded anew the Philippines’ economic outlook but the country is still expected to be the laggard in terms of economic growth among... 

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Tue, Apr 20 2010
Cebu Pacific says to buy 7 more Airbus A320s

Cebu Pacific says to buy 7 more Airbus A320s

MANILA, Philippines – Cebu Air Inc. said Tuesday it would purchase an additional 7 Airbus A320s, bringing to 22 its pending orders from European manufacturer Airbus, a unit of EADS. Company chairman... 

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Tue, Apr 20 2010
China-Taiwan pact to hurt RP – NEDA

China-Taiwan pact to hurt RP – NEDA

MANILA, Philippines – The historic move of China and Taiwan to forge an economic partnership poses a serious threat to the country’s economy, officials warned yesterday. National Economic and Development... 

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Mon, Apr 19 2010
RP posts $255-million BOP surplus in March

RP posts $255-million BOP surplus in March

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the country’s balance of payments (BOP) posted a surplus of $255 million in March, a complete reversal of the... 

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Sun, Apr 18 2010
Government sets auction of $500-million retail T-bonds

Government sets auction of $500-million retail T-bonds

MANILA, Philippines – The government is scheduled to auction on April 21 some $500 million in retail treasury bonds (RTBs) intended for overseas Filipino workers (OFWs). In a telephone interview... 

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