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SENATE
President Manny Villar and Rep. Cynthia Villar of Las
Piñas City lead the bell-ringing ceremony at the listing
of the Vista Land & Lifescapes Inc. at the Philippine
Stock Exchange’s Tektite Building. Also in photo are (from
left) Jing Serrrano, president & CEO of Vista Land; Mark
Villar, COO of Brittany; PSE president Francis Lim, and
the senator’s children Paolo and Camille Villar. -- RHOY
COBILLA |
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| HEADLINES |
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Container scanning fees cut 80% |
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PRESIDENT
Arroyo slashed fees for scanning metal containers through an
order which amended an earlier issuance that established the
nonintrusive container inspection system (NCIS) currently
under the Bureau of Customs. |
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Vista Land lists at PSE after sale of P21-B shares |
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THE share
price of Vista Land & Lifescapes Inc. posted a five-centavo
increase at the end of its trading Wednesday, to P6.90 per
share from the offer price of P6.85. |
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Pagasa says drought to last long, but still hopes for rain
soon |
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A DAY after
President Arroyo sounded the alarm against the long dry
spell that is now being experienced by the country, the
weather bureau said the worst is yet to come. |
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IPVG
on breathless sprint, sets P1B for new acquisitions |
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WHILE
Intellectual Property Ventures Group Corp. (IPVG) outpaces
the overall growth of the cyberservice industry, it plans to
grow more through “acquisitions and incubation of new
ideas.” |
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Luzon grid back to normal, but power plants’ fuel short |
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THE National
Power Corp. (Napocor) assured the public Thursday that the
power situation in the Luzon grid has returned to normal,
but reiterated a plea to power consumers to pitch in on the
government’s efforts to conserve electricity. |
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GMA
Network gears up for Monday listing |
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TELEVISION
giant GMA Network Inc. and GMA Holdings Inc. have completed
their combined offering of primary shares and Philippine
deposit receipts (PDRs) to both local and international
investors. |
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Swine fine, outbreak controlled |
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THE outbreak
of hog cholera and pseudorabies virus in a few hog farms in
Bulacan is now under control, the Department of Agriculture
announced Thursday. |
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Customs halts Oillink’s shipment on P.3-B debt |
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CRUDE
imports of a local company were disallowed from leaving the
country’s docks after the firm failed to pay the correct
taxes for shipments it made some three years ago. |
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GDP
to slow down to 5.8% in ’07–ADB |
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THE Asian
Development Bank (ADB) forecasts the economy to slow down to
5.8 percent by 2007 and 5.7 percent in 2008, according to
the July issue of the Asia Economic Monitor. |
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RP
wants P6-B rental for Yoko’s former lot |
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IT is not a
fire sale, but the Philippines’ planned lease-out of its
property near the
Imperial
Palace
in Tokyo may be called a “distraught concession sale”
because the government wants prospective lessees to pay all
at once the estimated P6-billion rental price for a 50-year
tenure. |
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MORE STORIES ... |
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(FROM left)
Enrique Gonzales, IPVG president and CEO; Roger Stone,
deputy chairman and director of IPVG; and Jaime Gonzales,
board chairman, brief company owners at the IPVG annual
general stockholders’ meeting at the RCBC Plaza in Makati
City. --ROY
DOMINGO |
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PRESIDENT
Arroyo meets Fil-Am visitors and foreign businessmen during
their tour in Malacañang, but the Chief Executive did not
give any speech—to the disappointment of a few.
RHOY COBILLA |
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