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Loading ...GMANews.TV » DOE: Visayas & Mindanao ideal hosts of LNG power plants
The Energy Department is eyeing the Visayas and Mindanao regions to host liquefied natural gas (LNG) power plants that will secure the region's power requirement. [Link]
GMANews.TV » FDC urges gov't to suspend all NPC assets sale
Advocacy group Freedom from Debt Coalition (FDC) is urging the government to suspend the planned sale of all the remaining assets of the National Power Corp., pending a comprehensive review of the Electric Power Industry Reform Act (EPIRA). [Link]
GMANews.TV » ExxonMobil set to drill anew by end-August
Exploration company ExxonMobil Exploration and Production Philippines BV - an affiliate of Exxon Mobil Corp. - will start drilling the fourth well in offshore South Sulu Sea by end-August. [Link]
GMANews.TV » RP stocks on 'downbeat outlook,' shed 2.40 points
Share prices at the Philippine Stock Exchange closed slightly lower Friday as investors' sentiments were dampened by the weakness in the major bourses abroad and short-term profit takers. [Link]
GMANews.TV » RP stocks on 'downbeat outlook', sheds 2.40 points
Share prices at the Philippine Stock Exchange closed slightly lower Friday as investors' sentiments were dampened by the weakness in the major bourses abroad and short-term profit takers. [Link]
GMANews.TV » RP stocks on
Share prices at the Philippine Stock Exchange closed slightly lower Friday as investors' sentiments were dampened by the weakness in the major bourses abroad and short-term profit takers. [Link]
GMANews.TV » Oil falls to near $78 as global stocks drop
SINGAPORE - Oil prices fell to near $78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key US growth report. [Link]
GMANews.TV » NY suit seeks $30 million in Madoff family money
NEW YORK - The court-appointed trustee seeking to recover billions of dollars lost by jailed financier Bernard Madoff sued three entities Thursday to get back more than $30 million that he said the Madoff family had invested, mostly in oil and gas properties and technology companies. [Link]
GMANews.TV » US stocks fall amid uncertainty over the economy
Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals. [Link]
GMANews.TV » RP to hold tender offer for 100,000 MT sugar
The Sugar Regulatory Administration will hold a tender offer for the importation of 100,000 metric tons of sugar Friday to ensure sufficient supply in the local market, the agency's administrator said Thursday. [Link]
GMANews.TV » Energy Dept clears FPIC in Makati condo gas leak
The Energy Department said Thursday that First Philippine Industrial Corp. has nothing to do with the gas leak at West Tower Condominium in Makati City. [Link]
GMANews.TV » BIR wants GOCCs, GFIs to pay taxes
The Bureau of Internal Revenue wants government-owned or -controlled corporations and government financial institutions to pay their taxes religiously. [Link]
GMANews.TV » Lagman urges Aquino to name investors in devt projects
Albay Rep. Edcel Lagman urged Malacañang to name the investors who pledged that the Philippines won't spend a single peso in development projects under a government-private sector partnership. [Link]
GMANews.TV » Purisima: new guidelines to keep excess pay in check
In light of the furor over excessive benefits of water officials, Philippine fiscal managers started to work on guidelines for the compensation and allowances of officials of government- owned and -controlled corporations and government financial institutions. [Link]
GMANews.TV » Q1 abaca exports up 223%
Abaca fiber exports rose 223 percent to 3,377 metric tons from 1.04 million MT in the first four months, the Fiber Industry And Development Authority said Thursday. [Link]
GMANews.TV » IPVG to list subsidiary IP Converge
Technology firm IPVG Corp. will soon list its subsidiary, IP Converge Data Center Inc., on the Philippine Stock Exchange, the company said in a disclosure filed with the bourse. [Link]
GMANews.TV » BIR files tax evasion case vs construction firm
The Bureau of Internal Revenue Thursday filed with the Justice Department a tax evasion case against officials of a construction firm that supposedly did not pay the right amount of taxes and failed to declare correct information in its income tax return. [Link]
GMANews.TV » Former DA chief asks Aquino to review rice importation
Former Agriculture Secretary Leonardo Montemayor is urging the Aquino Administration to investigate the tariff-free importation of 200,000 metric tons of rice this year will result in a revenue loss of around P1.6 billion and further push palay prices lower. [Link]
GMANews.TV » NEDA says efficient bureaucracy can spur economic growth
(Updated: 6:39 p.m.) Streamlined business procedures and more transparent investment measures could help bring money needed to speed up growth, National Economic and Development Authority Director General Cayetano Paderanga Jr. said. [Link]
GMANews.TV » BPI completes terms for P10B stock rights offer
Bank of the Philippine Islands (BPI), the banking unit of conglomerate Ayala Corp., has finalized the terms for its planned P10-billion stock rights offering. [Link]
