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Business

WB loan to support private water firms

Published : Thursday May 17, 2012   |  Category : Top Business News   |  Views : 148
By : MAYVELIN U. CARABALLO REPORTER

P275-million loan approved for Metro Manila’s wastewater treatment systemTo improve Manila Bay’s water quality, the World Bank’s Board of Executive Directors approved a $275-million financing for a project that will improve wastewater collection and treatment practices in several catchment areas of Metro Manila, the WB said in a statement released... Read more

Berlin tells Athens: No renegotiation

Published : Thursday May 17, 2012   |  Category : Top Business News   |  Views : 133
By : AFP

FRANKFURT: German Finance Minister Wolfgang Schaeuble stressed on Wednesday that it was not possible to renegotiate an international aid plan for Greece. Read more

Chinese economy cooling down faster

Published : Thursday May 17, 2012   |  Category : Top Business News   |  Views : 157

BEIJING: A slew of bleak data has raised fears that China’s economy is cooling faster than previously thought, but analysts said that Beijing has only limited means to prevent a politically damaging slowdown. Read more

Better safe than sorry

Published : Thursday May 17, 2012   |  Category : Top Business News   |  Views : 119

The times, they are a-chan-gin,’ as the legendary crooner Bob Dylan used to sing. Well, right now, the rural banking industry is likewise in the midst of change, especially when it comes to a collective mindset among rural banks that encourages prudence to go along with the unyielding dream of... Read more

GMA Q1 revenues remain above P3B

Published : Thursday May 17, 2012   |  Category : Top Business News   |  Views : 114
By : ROSALIE C. PERIABRAS REPORTER

Broadcast company GMA Network Inc., reported on Wednesday that its consolidated revenues for the first three months of 2012 dipped by 4 percent to P3.002 billion from the P3.138 billion recorded during the same period last year. Read more

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