Manila Business
RP to send trade mission to UK
PROMINENT power companies in the country will go to London for a three-day business mission to encourage more investors in the renewable energy and carbon market investment in the country next month.
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Petron incurs lower revenue
LEADING refiner Petron Corporation reported a net income of more than P1.8 billion for the first half of 2009.
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RP weathered global crisis: Neda
MALACAÑANG on Tuesday said the Philippines is “totally” out of recession and is readying its Reloading for Economic Acceleration Program (Reap).
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New system in entering UK bared
FILIPINO seafarers who hold temporary or transit visas to United Kingdom (UK) are barred from working in the country’s fishing industry.
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Tallest building turns tourist spot
THE Department of Public Works and Highways (DPWH) is inviting extreme sports enthusiasts as the country’s highest bridge located in Southern Leyte will also be the Philippines’ newest tourist att
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Local carrier to fly to Middle East soon
SPIRIT of Manila Airlines chairman Basilio Reyes said the Civil Aeronautic Boards (CAB) has granted them the unused entitlements of the Philippines to Middle East via the Diosdado Macapagal Internatio
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Coca-Cola announces expansion plan
PRESIDENT Gloria Macapagal-Arroyo said Sunday that Coca-Cola has increased its investment in the country to $1 billion.
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Gov't to lose P21B in franchise, royalty tax
SENATE President Juan Ponce Enrile assured that the loss in revenues the government will incur in the implementation of twin power bills will be twice compensated by the economic activities it will ge
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Gov't to maintain growth forecasts
THE planning department on Wednesday said government will keep its growth forecasts for the year, which includes 0.8 to 1.8 percent domestic growth, until it sees the second quarter growth figures.
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EDC gets new drilling project
LOPEZ-owned Energy Development Corporation (EDC) signed a new drilling contract with Lihir Gold Limited (LGL) of Papua New Guinea worth US$15 million.
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Firm to stand alone in Calaca operation
CONSUNJI owned-DMCI Holdings has no plans to look for a partner in operating the 600 megawatt (MW) Calaca coal-fired power plant.
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Investment Corp. faces estafa raps anew
ANOTHER set of criminal complaints were filed by the Department of Justice (DOJ) against officers of the Performance Investment Products Corporation (PIPC) for carting away about $250-million from the
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PAL’s exemption from income tax affirmed
THE Supreme Court (SC) has upheld the exemption of flag carrier Philippine Airlines (PAL) from payment of the Minimum Corporate Income Tax (MCIT) pursuant to its franchise charter, Presidential Decree
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