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On track (AUTO INDUSTRY YEAR-END REPORT)

January 8, 2008

Philippine auto industry breaches the 100,000th unit mark, posting its best figures in a decade Read the rest of this entry »

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Peso breaks into 40-to-$1 territory

January 8, 2008

The peso broke into the 40-to-$1 territory for the first time since March 2000, briefly hitting an intra-day high of 40.99 before closing at 41 to a dollar. Read the rest of this entry »

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Study: More Pinoys now consider renewable energy as solution to rising oil prices

January 7, 2008

A year-long study conducted by a stakeholder relations firm showed many Filipinos now consider renewable energy development as the solution to the swelling global prices of fuel and other petroleum products. Read the rest of this entry »

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A banner year liable to exclude the rural sector

January 7, 2008

2007 is likely to be a banner year for the economy. After last year’s respectable 5.4 percent, gross domestic product (GDP) should grow by between 6.9 percent and 7.3 percent—a 20-year record. The surge should continue in 2008 (6.4 percent to 6.7 percent) and peak in 2009, when Citigroup projects GDP to expand by as much as 7.6 percent. Read the rest of this entry »

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Sugar industry leaders seek review of CARP

January 7, 2008

Sugar industry leaders in the country yesterday called for a review of the Comprehensive Agrarian Reform Program (CARP), as it criticized its “inherent flaws” which, they claimed, even defeats its noble purpose of liberating farmers from the bondage of tenancy. Read the rest of this entry »

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Auto sales seen to post flat growth this year

January 6, 2008

The local auto industry may experience a flat growth in terms of sales this year as a result of the expected drop in demand due to the global economic slowdown. Read the rest of this entry »

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GMA has 54 advisers, assistants

January 5, 2008

How many undersecretaries and assistant secretaries does it take to run a government? Read the rest of this entry »

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Retrenched workers seek TRO vs new Skyway operator

January 5, 2008

In the name of the riding public, retrenched employees of the Philippine National Construction Corp. (PNCC) sought a court order to stop a foreign-owned firm from operating the Skyway. Read the rest of this entry »

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Strong peso seen to cause ‘Dutch disease’

January 4, 2008

THE Philippines runs the risk of losing jobs to low-wage countries because of a strong peso, according to an economist from the University of Asia and the Pacific (UA&P). Read the rest of this entry »

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Palace defends its human rights work

January 3, 2008

Malacañang is working hard to uphold human rights in the Philippines under the watch of President Gloria Arroyo. Read the rest of this entry »