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BANGKO
Sentral Deputy Governor Diwa Guinigundo fields questions
at a forum on “The Peso Strength and US Economic Woes:
What Do They Mean for the Country’s Outsourcing Industry?”
organized in Makati City by industry group Bpap.
--NONIE REYES |
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DBCC
outlook seen dimmer
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THE
interagency Development Budget Coordination Committee (DBCC)
will likely revise downward most of the macroeconomic
assumptions it made for this year, suggesting a weaker
Philippine economy as a result of the recession in the
United States and a rice shortage. |
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From
just fretting over peso, BPOs rising to challenge |
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INSTEAD of
worrying about the appreciation of the Philippine peso
vis-à-vis the US dollar, business-process outsourcing (BPO)
executives Tuesday pointed out that marketing the country as
a major global-outsourcing hub must top their agenda in
order to ensure a stronger foothold in the industry. |
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Sleight of hand or miracle? RP imports ‘Milagrosa’ rice
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CABANATUAN
CITY—Nueva
Ecija farmers, involved in supplying about 8,000 tons of the
country’s rice needs, these days have one more lament: the
irony that traders from some Asian neighbors are apparently
making it big from some Philippine special rice varieties. |
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RP
may not be able to secure more rice from East Asia
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TAPPING the
East Asia Emergency Rice Reserve (EAERR) for more rice
requirements may not be viable for the
Philippines
as the government needs to declare that there is an
“emergency” before it could source more rice from the
stockpile. |
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‘Use
Acef, Afma residual funds for rice drive’ |
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A LEGISLATOR
representing farmers has asked the government to divert the
remaining P5-billion fund of the Agricultural Competitive
Enhancement Fund (Acef) to finance an intensified
rice-production program and jump-start a national effort to
attain rice self-sufficiency within a short term. |
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Business told: Heed signs, look to ‘green’ paths |
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SINGAPORE—The
world has changed significantly and the business sector
needs to get involved in many ways in fighting climate
change, the United Nations’ top environment official warned
Tuesday.
“Climate
change will affect business and society in fundamental and
transformative ways. For, while a path has been laid out
for emissions reductions, we know that even our best efforts
will still lead to some measure of climate impacts which
will fall hardest on the most vulnerable economies and
communities,” said Achim Steiner, executive director of the
United Nations Environment Programme’s (Unep) the Business
for Environment Global Summit 2008. |
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The
‘real’ Hooters opens at Mall of Asia |
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“THE owl is
landing at the Mall of Asia on April 28.”
Kaz Endo,
managing director and partner of Paradise Wings Llp., a
Guam-based company that owns the Hooters franchise for
Guam and
Asia, including the
Philippines,
was referring to the owl logo of the popular
US
restaurant chain. The Hooters logo is popular worldwide as
it is printed on the tight-fitting, white, spandex,
sleeveless shirts of the restaurant’s buxomy wait staff.
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MORE STORIES ... |
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MARILAO Mayor
Epifanio Guillermo leads volunteers in collecting garbage
deposited at the Prenza Dam in Marilao town as part of the
Earth Day celebration. At the main celebration in Metro
Manila, Environment Secretary Lito Atienza underscored the
need to clean up most of the country’s vital waterways. The
Marilao river is considered one of the 30 most polluted in
the world.
--RAMON LAZARO |
