SM, German bank credited for Adopt-a-School Program support
MANILA,
Oct. 6 (PNA) -- The author of the highly successful Adopt-a-School
Program, Cebu Rep. Eduardo Gullas, has credited SM Prime Holdings Inc.
(SMPH) and Deutsche Bank AG for their nearly P10 million in fresh
contributions to new projects. [ Read More ]
Malacanang supports calls for GSIS transparency on its U.S. investment
MANILA,
Oct. 6 (PNA) -- Malacañang seconded on Sunday the move of some sectors
for the Government Service Insurance System (GSIS) to be transparent
about its investments in the United States. [ Read More ]
MANILA,
Oct. 6 (PNA) -- President Gloria Macapagal-Arroyo joins Monday the Semi
Conductors and Electronic Industries in the Philippines, Inc.(SEIPI) in
celebrating the country’s electronics sector’s success at the 10th
founding anniversary of the largest and leading organization of
electronics companies in the country. [ Read More ]
Inflation rate in Bicol slows down in August
LEGAZPI
CITY, Oct. 6 (PNA) -— The inflation rate in Bicol had slowed down from
13.7 percent in July 2008 to 13.4 percent in August 2008. [ Read More ]
Davao City wins franchise tax case versus Smart
DAVAO
CITY, Oct. 6 (PNA) -- The city government of Davao represented by Mayor
Rodrigo R. Duterte won its case recently against Smart Communications,
Incorporated involving the franchise tax the city had imposed on the
telecom company. [ Read More ]
Customs exceeds Sept. collection by P739M
MANILA,
Oct. 6 (PNA) - The Bureau of Customs (BoC) has recorded a surplus of
P739 million after collecting P23.996 billion for the month of
September. [ Read More ]
RP wants bigger slice of US$ 6.6 billion Japan wedding market
MANILA,
Oct. 6 (PNA) -- The Department of Tourism (DOT) is offering the
country’s top beach destinations as alternative wedding destinations to
Japanese wedding couples wanting to tie the knot abroad, in order to
grab a bigger slice of the estimated US$ 6.6 billion market. [ Read More ]
'08 inflation may have reached its peak - BSP
MANILA,
Oct. 6 (PNA) – The Bangko Sentral ng Pilipinas (BSP) on Friday said
inflation this year may have reached its peak earlier than expected but
BSP Governor Amando Tetangco Jr. pointed out that this would only be
confirmed once the September 2008 figure comes out on Tuesday. [ Read More ]
Q2 ’08 FCDU loan up by 40.4% YOY
MANILA,
Oct. 6 (PNA) – Loans extended by Foreign Currency Deposit Units (FCDU)
of banks in the country jumped by 40.4 percent to US$ 4.6 billion in
the second quarter of 2008 against year-ago’s US$ 3.3 billion. [ Read More ]
BSP-MB gives thumbs up to DBP’s loan from WB, JBIC
MANILA,
Oct. 6 (PNA) – The policy-making Monetary Board (MB) of the Bangko
Sentral ng Pilipinas (BSP) on Thursday approved in principle the US$ 40
million supplemental loan of the Development Bank of the Philippines
(DBP) from the International Bank for Reconstruction and Development
(IBRD), a unit of the World Bank (WB). [ Read More ]
