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Robust 1st
sem. PLDT
chairman Manny V. Pangilinan gets busy texting during a
break in a briefing on the telco’s first-half financial
operating results at its Makati City headquarters.
According to PLDT, it posted a 25-percent jump in
second-quarter profit as election-related spending boosted
mobile-phone and Internet use.
--NONIE REYES |
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Ledac agrees on 28 priority bills |
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THE
administration legislative agenda for this year agreed to by
the Palace and Congress leaders is long on economic, peace
and order, and direct public benefits, such as the
affordable medicine bill, and amendments in the Epira law
and—the further good news—makes no mention at all of Charter
change and emergency powers for the President. |
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GIR
nearing $28B; July inflows alone top $1.5 billion |
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THE
country’s dollar hoard, or the gross international reserves,
is just a shade under $28 billion at end-July, having
fattened by some $1.5 billion in just one month. |
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Energy price hikes push up July inflation to 2.6% |
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HIGH energy
prices drove up the country’s year-on-year inflation rate to
2.6 percent in July from 2.3 percent in June, according to
the figures released by the National Statistics Office (NSO)
Tuesday. |
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RP
exporters lie low in global trade fairs |
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THE local
European Chamber of Commerce (ECCP) has added another
negative effect of a strong peso on Philippine exporters:
the sector now just attends one or two international trade
shows a year instead of the usual four or five before the
rise of the currency against the dollar. |
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Government may review growth target in event of drought |
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THE
government may review its growth projections for the year in
view of a possible drought, National Economic and
Development Authority (Neda) Officer in Charge Augusto
Santos said on Tuesday. |
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Business split on P12 hike; labor to appeal |
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LEADERS of
the business community gave mixed views on the wisdom of
the Metro Manila tripartite wage board’s decision to grant a
P12 wage increase to minimum-wage earners. |
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AFP
upgrade on new DND chief’s agenda |
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FORMER
Tarlac congressman Gilbert Teodoro took his oath as defense
secretary on Tuesday, and promised to fulfill President
Arroyo’s expectations. |
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Gore: Tipping point near in global warming fight |
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SINGAPORE—The
world will see a new protocol to combat global warming two
years before its scheduled passage in 2012, according to
former
US
vice president Al Gore. |
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Palace eyes ‘graduated’ hike in PUV tax amid protests |
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RESPONDING
to lawmakers objecting to the huge Malacańang-ordered
2,600-percent increase in public-utility vehicle (PUV)
taxes, the government—while not retreating from the target
percentage increase—is considering imposing it gradually
over several years. |
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MORE STORIES ... |
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GIRLS enjoy a
glass of coffee in Chau Doc, Vietnam in this 2005 photo.
Coffee rose to the highest in more than five months in New
York on expectations that Brazil, the world’s largest
producer, will reduce harvest of the crop.
--BLOOMBERG |
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