Showing posts with label bworld. Show all posts
Showing posts with label bworld. Show all posts

Friday, March 23, 2007

Business World Philippines 3/24/2007

The Petroleum Association of the Philippines (PAP) has warned that the executive order banning "farm-in"/"farm-out" energy resource exploration, development and production deals has started dampening investor interest.
Front Page

* Oil exploration firms warn of dampened investor interest
* Manufacturing rebounds in January
* Central bank survey shows consumers cautious

Banking & Finance

* Peso ends week at one-month high

Corporate World

* ICTSI unit to raise P6.85 billion from shares sale
* Pacific gets SEC go-signal for IPO
* MacroAsia signs deal with Jinchuan, JCP Geo-Ex
* Century Properties taps US firm to master plan IS project
* Transco exceeds performance targets
* ATR KimEng sues Araneta family anew
* Berkley Philippines sold for P1.25 billion
* Other Stories

The Economy

* Anti-hunger drive ‘challenging’ but ‘doable’
* Ornamental fish growing demo facility to start in Laguna Lake

The Nation

* P644 million needed for security operations in May polls
* Retirees assured of claims even as benefits cut by P3.6B, pork barrel rises to P11.4B
* Oral arguments on Pandacan oil depot case set
* Other Stories

The Stock Market

* Stocks drop on profit taking

Business World 3/23/2007

Singaporean budget carrier Tiger Airways will reduce flights to the Diosdado Macapagal International Airport (DMIA) in Clark, Pampanga starting Sunday, prompted by what it describes as "regulatory uncertainty."
Front Page

* Airline cuts Clark flights in policy row
* Spam comprises most of RP e-mail
* Mall firm bares P6-B tourism venture
* Two years later, still no convictions in RATE drive
* Arroyo signs ’07 budget

Banking & Finance

* Peso joins rally as Fed keeps rates steady
* Ayala’s BPI sees remittance business growing by a fifth
* Bonds up but volatility still expected
* China Bank net income up nearly 11% to P3.5 billion
* Vehicle links to commodities

Corporate World

* Rockwell listing to fund Lopez Center
* State asks court to rethink order for shutdown of Pandacan
* Smart’s newest service: 3G-based mobile ‘eye’
* Fund manager to get $125M from investors by second quarter
* US research firm opening new call center in Cagayan de Oro

The Economy

* Philippines may beat BoP surplus target
* Subsidies to state firms rise slightly
* Air negotiations delayed
* P45-M e-gov’t portal deal awarded
* Biofuels demand expected to strain coconut production

The Nation

* Arroyo orders new police officers to guard May polls
* Government workers get 10% pay hike
* Namfrel chosen anew as poll body’s citizen’s arm
* Poor segment rises nationwide - SWS survey
* Rights violations probe opens

The Stock Market

* Stocks up, but market still consolidating

Opinion

* Left Field — By A. R. Samson: "Deadlines"
* Vector — By Sonny Coloma: "Know-how vs know-why?"
* One Man’s Meat — By Benjamin G. Defensor: "The business of education"
* Rule Of Law — By Basilio H. Alo: "CHR on trial"
* Commentary — By Jose Antonio Ocampo & Rob Vos Project Syndicate: "Global economic cooperation or bust"

News Plus

Labor & Management

* Labor’s regional department promotes business sense, jobs in informal sector
* Regional schools offer teacher training to prepare students for work force
* Global companies tell top managers to work less
* CSC: HR policies in government now more women-friendly
* In the Workplace — By Reylito A.H. Elbo
"Hiring policy against the third sex"

Specials

Weekender

Section banner stories:

* The Philippine stock market: He’s seen it all
* J & J promotes traditional Pinoy games
* Bush’s health care plan not most effective
* Kiamba Sleepy town’s pleasant surprises
* Women workers recycle banana plantation wastes into cash
* Plus Cinema, Stay In & Going Out

I.T. Matters

* MySpace creates Internet rallying site for politicians, voters to interact
* EU aims to roll out mobile TV by Euro 2008 championship
* Davao’s online marketplace goes from virtual to physical
* Philippine Silicon Valley: "De La Salle and Ateneo: Not just vying for excellence on the court"

Downloads

* Shattering the Glass Ceiling
* 2006 3rd Quarter Banking Report
* 2006 2nd Quarter Banking Report
* Journal for Entrepreneurs: Diversification
* Journal for Entrepreneurs: Innovation
* BW Special Report: Information & Communication Technology Industry
* BW Special Report: The Advertising Industry
* 2005 3rd Quarter Banking Report
* BW Special Report: Microfinance
* Guide to Bonds and Other Fixed-Income Instruments

Thursday, March 22, 2007

Business World Philippines 3/22/2007

Front Page

* China property giant to invest $2-$4 billion
* Philip Morris defers P300-M expansion
* Philippines positions as Asia’s gaming haven
* Tax agency told to make up for poor collections
* Employers, business groups push for more labor reforms

Banking & Finance

* Maybank tries to grow insurance business
* Malaysia eases FX rules to court investors
* Peso appreciates to P48.41 vs dollar as stock market rebounds
* Asian bonds steady ahead of Fed meet
* FCDU assets reach $24.213 billion in 2006

Corporate World

* SPV wants to stop sale of Pepsi-Cola shares by Prime Orion
* Alsons now a shareholder in Aussie firm
* Zest-O allocates P500M for plants’ expansion
* PNCC seeks affirmation for Radstock agreement
* SQL’s former owners to establish another IT services firm

The Economy

* BoI, PEZA investment pledges double
* China firm commits $200M to mining venture
* State exploration arm to push through with Malampaya bid
* Gov’t team to hold non-deal road show in US, Europe
* Shell studying opening autogas stations amid market boom

The Nation

* NGOs question congressional fund use
* Warning out vs tapping groundwater
* Go slow in blaming Armed Forces for killings — Ermita
* Comelec asked to purge party-list group’s roster
* Occupancy rate of hotels grows slowly

The Stock Market

* Stocks gain as investors hunt for bargains

Wednesday, March 21, 2007

Business World Philippines 3/21/2007

Front Page

* Manila complains to WTO council
* Stricter rules driving banks to technology
* Gov’t-business cooperation key to raising productivity
* Economic zone locators regain lost perks
* Former Agriculture Secretary bags this year’s Entrepreneur Of The Year Philippines award

Banking & Finance

* Moody’s may keep some bank upgrades
* IFC wants local banks to fund more energy-related projects
* Asian sovereign dollar bonds steady
* Peso tracks gains of regional forex
* UCPB targets bigger OFW profits

Corporate World

* Nokia noncommittal on entry of mobile TV-ready phones
* Alaska to break ties with Hershey Foods
* RD Group eyes tuna canning venture in Yemen to serve Saudi market
* Panasonic net up 136% in first three quarters
* DMCI issues shares to Dacon

The Economy

* Poor revenue collection to shoo away investors
* Real property tax collections below par
* Growth area’s port pact set for signing
* Additional MRT coaches to cost $65 million
* Prioritize basic needs, says Arroyo
* ERRATUM

The Nation

* United States, Philippines dance to same old atrocities tune
* Misuari to seek governorship of Sulu
* Supreme Court sacks appeals court justice for case delays
* Philippines running out of weather forecasters
* Nobel laureates to conduct scientific, cultural exchanges

The Stock Market

* Shares flat as investors worry about rates

Tuesday, March 20, 2007

Business World Philippines 3/20/2007

Front Page

* Private sector bucks proposed port rules
* Customs execs balk at revenue commitment
* Gov’t planning to drop T-bill offerings next year
* Budget carriers gain market share, but established airlines still dominant
* Greenspan hit for changing tune

Banking & Finance

* Peso, other Asian FX gain vs dollar
* Asian bonds stable ahead of US Fed
* Chinese regulator tells smaller banks to rein in loan growth
* Ringgit offshore trade not needed, says Malaysian capital control architect

Corporate World

* Meralco fighting P2.2-B tax assessment
* Aboitiz unit given tax perks for 19-megawatt power plant
* Cathay Land earmarks P2B for South Forbes
* ESPN STAR doubles revenues from RP Network to localize programs
* SEC approves Unilab unit’s increase in capital stock

The Economy

* Chief economic planner slams corruption, unstable policies
* Clark airport expansion to start in April
* Paper industry struggles with high costs, low tech and small capacities
* Foreign chambers back freer air services in Clark, Subic
* Tuna consortium building P20-M shipyard

The Nation

* Hunger worse in Metro Manila
* Congress soon to okay perks for disabled persons
* Plea bargain gives ex-Estrada ally two- to six-year jail term
* Changes in Davao Region’s politics pit friends, associates
* Ocampo sent back to Manila

The Stock Market

* Index declines as investors seek clear leads

Monday, March 19, 2007

Business World Philippines 3/19/2007

Front Page

* Gov’t constrained on P25-B windfall
* Competitiveness agenda up at employers’ meet
* Stronger peso leads to lower water rates for Metro Manila
* Arroyo set to sign budget bill on Wednesday
* ERNST & YOUNG — Entrepreneur of the Year: Who will be the next?

Banking & Finance

* T-bill rates may fall
* BSP unlikely to touch rates, criticized for too cautious stance
* RCBC eyes P4.75B from share offer to investors
* PostalBank to raise up to P2B this year
* Citigroup streamlines hedge service unit

Corporate World

* Filinvest officials want tax evasion charges dropped
* Winning Mirant bidders eye JBIC loan
* Bataan plastics plant to get emergency power
* Local ceramic maker wants to sell to China
* Court orders refund for unfinished project

The Economy

* No ready funds for rewarding qualified revenue collectors
* US earmarks $125M for Mindanao’s dev’t
* P35.74 billion lost to leakage in individual income tax
* Environment chief projects sharp increase in copper, gold production
* International Finance Corp. eyes water, power, rail projects

The Nation

* Pasig ferry to operate in June, to benefit 30,000 passengers
* Philippines still poor in education goal
* Transco lifts power cut amid new attack
* Agriculture sets aside P350M for corn facilities
* Civil society groups to perform crucial role in elections

The Stock Market

* Bourse to take cue from overseas markets