PERTH, May 29 (Reuters) – Oil rose to a new six-month high above $65 a barrel on Friday, on track for its largest monthly percentage gain in more than a decade, after government data showed a surprisingly sharp drop in U.S. crude inventories and OPEC left output steady. Read the rest of this entry »
Oil extends gains above $65 after U.S. stocks data
May 29, 2009
US consumer confidence leaps to 8-month high
May 28, 2009
WASHINGTON (AFP) – US consumer confidence leapt in May to an eight-month high, the Conference Board said Tuesday in a report offering fresh hopes of an end to the prolonged recession. Read the rest of this entry »
RP eyes $10-billion investments in renewable energy
May 28, 2009
MANILA, Philippines – With the signing of the implementing rules and regulations (IRR) of the Renewable Energy Act, the Philippines would be able to generate up to $10 billion in fresh capital from renewable energy development projects over the next 10 years, said Energy Secretary Angelo Reyes. Read the rest of this entry »
Palace hikes corn support price to P13
May 28, 2009
MANILA, Philippines – Malacañang has approved a P13 per kilo support price for yellow corn then ordered the National Food Authority (NFA) to purchase 300,000 metric tons of corn this main harvest season to encourage corn farmers to increase their production. Read the rest of this entry »
Corruption still a serious problem in RP — UN exec
May 28, 2009
A United Nations official yesterday said there is an urgent need to raise awareness among Filipinos on the need to bring to “zero level” the problem of corruption which remains a serious problem in the country. Read the rest of this entry »
The coming boom in medical tourism
May 28, 2009
Before the end of 2009, St. Luke’s Medical Center will open the P9-billion 600-bed St. Luke’s Medical Center hospital at the Bonifacio Global City in Taguig. Read the rest of this entry »
BOI defends itself against ‘Height of incompetence’ editorial
May 28, 2009
(Editor’s note: The following is the Board of Investment’s faxed letter dated May 19 but sent on May 26. We publish it in toto and unedited but minus the barely legible “graphical representation” mentioned in paragraph 11.) Read the rest of this entry »
Senate grants upgrade of Salary Standardization Law unanimous approval
May 28, 2009
The Senate has passed the measure updating and upgrading the Salary Standardization Law, Senate Majority Leader Juan Miguel Zubiri said Wednesday. Read the rest of this entry »
Poll automated machines not fool-proof–Rafanan
May 28, 2009
The head of the Commission on Elections (Comelec) bids committee has called for vigilance in the 2010 polls, saying “nothing is fool proof” as he oversaw the transmission testing yesterday of the Precinct Count Optical Scan (PCOS) machines. Read the rest of this entry »
Teachers’ strike threatens school opening
May 28, 2009
Private schools pursue demand for tuition hike
Malacañang appealed to teachers not to push through with their planned strike on Monday, saying this would be another burden to the people. Read the rest of this entry »
