Manila Business
Official: RP budget deficit still manageable
A MALACAÑANG official responded to concerns of International Monetary Fund (IMF) over a possible blowout of the budget deficit after the Philippines recently breached its P250 billion budget deficit
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Pre-need firm gets dealer's license
BOUNCING back from dire prediction, the former Pacific Plans Incorporated (PPI) now Abundance Providers and Entrepreneurs Corporation (Apec) got the nod of the Securities and Exchange Commission (SEC)
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Arroyo: Chinese biz groups can help solve crisis
PRESIDENT Gloria Macapagal-Arroyo said Friday that Chinese entrepreneurs will help make the world bounce back from the global economic crisis.
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Palace positive in breaching deficit
MALACANANG on Friday expressed confidence that the deficit will breach the P300 billion level after it went beyond the target of P250 billion with still two months to go before the year ends.
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Government to spend remaining budget 'with care'
PRESIDENT Gloria Macapagal-Arroyo directed the Department of Finance (DOF) and other collecting agencies to double their efforts in generating funds after the country breached the P250 billion deficit
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Pinoy developers firm is finalist in 2009 Asia Mobile Awards
A CRACK group of Filipino developers is behind a globally positioned company that has just been nominated as a finalist at the 2009 Asia Mobile Awards’ Mobile Money for the Unbanked category.
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Petron eyes P100M net loss for October
LEADING refiner Petron Corporation announced that it recorded 21 percent jump in its net income of P3.37 billion in the first nine months of 2009 as against the P2.78 billion earnings last year.
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Philex new investment to reach P1.2B
PHILEX Petroleum Corp. (PPC) is receiving P1.2 billion in fresh investment from its parent company Philex Mining Corp. for its expansion program.
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Retailers may stop sugar selling
WHILE the Sugar Regulatory Administration (SRA) announced that the Philippines will have adequate supply of sugar as we enter the industry's peak milling season, sugar retailers however said they will
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First Gen bares drop in income
LOPEZ-owned First Gen Corporation reported a decline of 85 percent in its income in the first nine months.
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Lawmakers push domestic helpers' deployment ban
THE fact-finding mission of three legislators and a lawyer to the Middle East revealed that more than a hundred overseas Filipino workers (OFWs) serving as domestic helpers are stuck in shelter houses
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Baguio’s contribution to Ad Congress
TOURISM Secretary Ace Durano said the tourism traffic in Baguio is not dependent on the 21st Philippine Advertising Congress.
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Marcopper Mining urged to repay RCBC
THE Supreme Court (SC) reiterated its order for the Canada-based Marcopper Mining Corporation to repay its more than $5.43 million restructured loan obligations to the Rizal Commercial Banking Corpora
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SMART entries shortlisted in Asia Mobile Awards 2009
Leading wireless services provider Smart Communications Inc. (Smart) has been shortlisted in four categories of the prestigious Asia Mobile Awards 2009.
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UST Global to hire 1,000 IT professionals
ALISO VIEJO, California -- UST Global (UST), a leading provider of end-to-end IT, BPO services and solutions for the Global 1000 market, announced recently that it will expand its workforce in Manila,
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