The dream is real. Visitors crowd around the first production model of the new Boeing 787 Dreamliner airplane after it was unveiled to an audience of several thousand employees, airline executives and dignitaries during a ceremony at Boeing’s assembly plant in Everett, Washington. The 787 is Boeing’s first all-new plane since airlines started flying the 777 in 1995. Boeing has already booked more than 600 orders for the plane, which is promised to burn less fuel, be cheaper to maintain and offer more passenger comforts than comparable planes flying today. --AP

WITH collections going way below target, the Bureau of Customs will reshuffle all its port district collectors. Although the shuffle was announced only on Monday—a day after the Bureau of Internal Revenue (BIR), its twin in the revenue sector, changed assignments of 13 key officers—the recommendation for a Customs revamp was submitted to the Department of Finance much earlier, and the implementation may start as early as next month. 

SHENZHEN, China—Officials of Chinese telecommunications equipment manufacturer ZTE Corp. have evaded questions from the media on the National Broadband Network (NBN) issue of the Philippine government, saying they have already created a Manila-based spokesman that would answer all the queries.

AN updated type of instant scratch games was introduced on Monday by the state-run Philippine Charity Sweepstakes Office (PCSO) as part of its goal to eliminate illegal diversions such as jueteng and masiao.

WITH the absolution by the Energy Regulatory Commission (ERC) of the Power Sector Assets and Liabilities Management Corp. (Psalm) of electricity price fixing, the entity that operates the Wholesale Electricity Spot Market (WESM) remains unsure of what to do with the higher power prices during the period in question—during the third and fourth month of the wholesale market’s operation.

LOCAL airlines Asian Spirit and Cebu Pacific were the early birds that applied for additional seats in flights to South Korea after the Philippine air panel had negotiated for a supplementary entitlement of 19,000 seats from Seoul.

DISPUTING reports that some of its officials oppose its full privatization, the Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) said Monday its board was fully supportive of the government’s plan to sell the remaining 60 percent of its shares, of which 20 percent is expected to be successfully sold this week.

POZZORUBIO, Pangasinan—The famous forger of medieval-type swords JJJ Vaciacraft is shifting to high gear with increased demand by art collectors from all over the world of their type of swords.

AS fast as the real-estate industry was recovering, the scams victimizing eager home buyers multiplied quickly, prompting the Justice department and state housing agencies to warn real-estate developers that their licenses would be revoked if they renege on their contractual obligations to their buyers.

PHILIPPINE exports likely grew at a faster pace in May than in April, driven by improved demand for electronics items.

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Picturing the Jag Wellington Soong, chairman of Jaguar Philippines, stands by the lunar gray XK during a break in the test-drive over the weekend in Fort Bonifacio’s Global City, Taguig City. --ROY DOMINGO