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YOUNG professionals test the newly launched program called “Angat ka! Sa Microsoft at Netopia,” a joint initiative of the software giant and the Internet-café chain to provide opportunities for young people to improve technology skills by giving them access to the Microsoft Icafe E-Learning portal. --NONIE REYES

TOP STORIES
Government pins hopes on BPO sector, eyes $13-B revenues

THE government is buoyant on the future of the local business-process outsourcing (BPO) industry, predicting it would generate a million jobs and $13 billion in annual revenues by 2010.

The rosy picture was drawn by Ray Anthony Roxas Chua III, chief of the Commission on Information and Communications Technology (CICT), Wednesday at the sidelines of the ICT Professionals Congress.

CL ‘pocket open skies’ nixed  

DESPITE the clamor of foreign business chambers and business groups in the Clark and Subic Free Ports, President Arroyo is not expected to amend Executive Order (EO) 500-A which restricts the entry of nondesignated budget airlines into the former US military bases, Executive Secretary Eduardo Ermita said Wednesday.

The clamor was renewed, also Wednesday, by stakeholders from Central Luzon, who gathered for a manifesto signing in Makati City. They said the draft EO 500-B is necessary in order to accelerate the development of the former military base as the country’s premier gateway and regional logistics hub for Region 3.

Robust pc sales, weak dollar push up software-piracy losses

THE rate of software piracy in the Philippines has decreased by 2 percent, from 71 percent in 2006 to 69 percent in 2007, but this didn’t stop losses due to piracy from increasing to $147 million from $119 million.

This was according to the 5th Annual Business Software Alliance (BSA)/International Data Corp. (IDC) Global PC Software Piracy 2006-2007 Study released Wednesday.

‘Consumers paid for ghost Meralco supply’

THE Manila Electric Co. (Meralco) is in for yet another controversy after a proadministration legislator revealed an alleged shady transaction between Meralco with another Lopez-owned company, with consumers again taking the burden.

In a privileged speech, Kabalikat ng Malayang Pilipino Rep. Luis Villafuerte of Camarines Sur said ghost deliveries between the Lopez-owned First Gas and Meralco resulted in blatant overcharging of consumers.

Takeover won’t cut rates, says Lopez

SIMILAR to what the government did in the water utilities, breaking down the franchise of the Manila Electric Co. (Meralco) into concessions will not guarantee that power rates will be brought down to a comfortable level for consumers.

BIR’s April take: P91B

THE Bureau of Internal Revenue said it had exceeded its target collection for April mostly due to administrative measures, such as the continuing drive against discrepancies in the various filings of companies.

Higher import costs hurting local iron, steel industry

NATURALLY, construction costs will also go up. That, in a nutshell, is the message of the industry group Philippine Iron and Steel Institute on the continued rise in prices of iron and steel products.

Christian, democratic RP trails in social protection

SO the Philippines is a Christian and democratic country, but in ensuring its people a life at decent levels, why is it lagging behind many other Asian—not one a Christian and a number not democratic—nations?

This may be gleaned from the Asian Development Bank’s Social Protection Index (SPI), a rating system the bank developed. The results of its initial application has highlighted the need for the Philippines to double its efforts in providing social protection for its citizens.

MORE STORIES ...

Photo shows (from left) Budget Secretary Rolando Andaya, Finance Secretary Margarito Teves, Public Works Secretary Hermogenes Ebdane Jr. and World Bank Philippines country director Bert Hofman reviewing a map after the joint press conference on the National Roads Improvement and Management Project Phase 2. To facilitate the project, the bank threw in a $232 million loan for the Philippine government to fund anticorruption and anticollusion measures. The press conference was held at the penthouse of the Development Bank of the Philippines building in Makati City. --NONIE REYES

ANC LIVE


  • Governors support plan on rice self-sufficiency
  • German investors: Political infrastructure key hindrance to luring more investments
  • Lack of international airports in RP diverts German tourists to Indonesia, Thailand
  • RP lifts ban on wild birds, poultry products from Germany
  • PSALM moves bidding for Tiwi-MakBan
  • The Business of Consumers: Made in the Philippines: Rediscovering and patronizing local products

  • WB approves NRIMP 2; imposes measures vs corruption, collusion
  • AsiaTrust, in need of fresh capital, is for sale
  • RP may borrow $500M abroad
  • Peso plunges to P42.855 per dollar
  • Microlenders’ loan portfolio reaches P6B in less than 10 yrs
  • BSP shelves 2-ID rule

  • Decision to lift oil VAT hinges on DOF
  • GMA orders release of P12.6B in IRA
  • Taxi operators ask LTFRB for P10 fare increase
  • PAL warns against buying tickets with bogus cards
  • Army troops kill two NPA rebels
  • MILF doubts if Libya can lead monitoring team
  • Angara pushes prevention of maternal, newborn deaths

  • Philpesta warns of barge shortage
  • Hanjin Shipping narrows Q1 loss on carrying rates
  • Putin wants shipbuilding firm in place by April 2009

  • The ‘monster’ unmasked

  • Midsize SUV master mold 
  • Life alive together
  • Eyes on the Road: Questions about CNG fuel
  • Full Tank: More stupid than the Pink Revolution
  • Fuel-efficient driving? It can be done!



  • Jollibee sets sights on India market
  • IPVG explores new BPO variant with joint-venture deal
  • PLDT sees 50% hike in wireless subscriber base
  • Volatile markets weaken reinsurance firm income
  • Due Diligencer: GSIS’s stake in SMC.

  • Editorial: The long and winding road
  • Outside the Box: Are lower prices ahead?
  • About Town: Tight energy squeeze
  • Reflections from the Mirror: More unanswered questions
  • Tax Law for Business: Tax treatment of commissions
  • William Pesek: BOJ’s Shirakawa is failing the Harry Truman test
  • Alálaong bagá: God’s ineffable love for us

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  • Philippines feels the pinch of dollar’s decline

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  • In the battle against diabetes

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