A HUNDRED dollar oil a barrel
scenario may dampen Philippine industry owing to the adverse effect
on the mining and manufacturing sectors, the National Economic and
Development Authority (NEDA) said.
A simulation the agency made
showed a $100 oil a barrel may slowdown domestic industry by 0.72
percentage point.
THE government has relegated a plan to convert the
mothballed Bataan Nuclear Power Plant (BNPP) to the back burner.
Energy Secretary Angelo T. Reyes said the conversion or possible
rehabilitation of the BNPP...
HIGH value commercial crops and vegetable production
was among the biggest gainers in Philippine agriculture in 2007,
contributing nearly half of the total farm and fisheries output for
that year.
The Philippine electronics industry has initiated
consultations with various stakeholders in the power sector in its
bid to hasten implementation of the Electric Power Industry Reform
Act as is.
THE National Telecommunications Commission (NTC) on
Monday issued new rules relaxing the access charges fixed line and
cellular phone operators impose on voice over Internet protocol (VoIP)
operators...
GLOBE Telecom Inc. wants the National
Telecommunications Commission (NTC) to cancel an earlier decision
allowing Digitel Crossing Inc. (DCI) to take over the operation and
maintenance...
THE Philam Asset Management Inc. (PAMI) has launched
the country’s first global bond fund, which would target high
net-worth individuals and institutions wanting to diversify their
investment portfolio beyond...
EIB Realty Developers Inc. disclosed to the
Philippine Stock Exchange on Monday that it would raise its
authorized capital stock, with a private investing group planning to
take up a quarter of the amount.
SO here’s the deal. Congress is prepared to find
ways to build up the Philippine film industry by easing the multiple
taxes on local producers, theater operators and patrons.
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