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Cheers to SMX.
Vice President
Noli de Castro (center) leads a ceremonial toast to
welcome the country’s newest and largest privately run
exhibition and convention center, the SMX in Pasay City.
Joining him are (from left) Special Envoy Francis Chua of
the Federation of Filipino-Chinese Chamber of Commerce and
Industry, Pagcor chairman Ephraim Genuino, Trade Secretary
Peter Favila, SM founder and chairman Henry Sy Sr., SM
Prime Holdings president Hans Sy, and world-famous artist
Juvenal Sanso, whose mural is displayed at the facility
that is billed as a world-class venue for international
exhibitions, large-scale local events, major medical and
other industry conventions, and corporate functions.
--RHOY COBILLA |
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Customs collection off by P2.76B |
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THE Bureau
of Customs (BOC) failed to attain its target collection for
October due to the stronger peso, according to Commissioner
Napoleon Morales, citing October collection of P18.94
billion, or P2.76 billion below the target of P21.702
billion. |
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Chinese mining firms ‘turning cool on RP’ |
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CHINESE
mining firms are now reportedly shying away from the
Philippines due to the failure of China’s Jinchuan Group
Ltd. and Philnico Industrial Corp. to come to terms on the
Nonoc nickel mines mess. |
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After EO’s damage, government scrambles to develop oil leg |
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IN an
apparent bid to catch up after nearly a year’s delay, energy
officials worried by the depletion of the recoverable oil
reserves of the Camago-Malampaya Oil Leg (CMOL) said on
Tuesday the government will now focus its attention on
bidding out to interested developers the rights to drill
and develop the oil rim. |
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Brewery eyes P25B in share sale |
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SAN Miguel
Brewery Inc. targets to generate as much as P25.2 billion in
gross proceeds from the sale of 1.548 billion new and
secondary shares in a public offering slated in the first
quarter of 2008. |
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Just
from airport romp, Beyoncé shows why she’s tops |
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FIVE-TIME
Grammy awardee Beyoncé flew in Tuesday from Shanghai aboard
her own MD83 jet for an overnight performance in Manila as
part of her Asian tour. |
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Inflation steady at 2.7% despite rising oil prices
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CONSUMER
prices were steady at 2.7 percent in October, the same as
September’s figure, notwithstanding the continued rise of
world oil prices, according to data released on Tuesday by
the National Statistics Office (NSO). |
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Cut-tariff option, not Epira changes, gets senators’ nod |
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SENATORS are
not keen on fast-tracking amendments to the Electric Power
Industry Reform Act (Epira), part of a Malacañang-backed
strategy to bring down power rates amid skyrocketing cost of
oil in the world market, and instead prefer to first reduce
tariff on imported petroleum products. |
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DOE
targets ‘vampires’ in electricity |
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TURNING off
lights and air-conditioning units when not being used as
well as those “power thieves” like pilot lights computers on
standby mode, night lights, and similar bulbs that consume
only about 5 watts, make a big difference in conserving
energy. |
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MORE STORIES ... |
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MULTI-Grammy-winning artist Beyoncé waves to the airport
crowd as she flew in from Shanghai to perform in the
Philippines Wednesday night.
--RECTO MERCENE |
