Thursday
Jan 08th
RESPECTED international economist Jeffrey Sachs, who has advised developing-country governments and was recently cited for his advisory work for the United Nations (UN), is in town with some bad news: He does not share the optimism of some experts that the current economic crisis will ease later this year or anytime soon, saying the crisis created “imbalances” that are too serious to be resolved quickly or easily.
Top News
FOREX RESERVES ON TARGET AT $37.1B.
UNLIKE the actual higher-than-target inflation for 2008 that the Bangko Sentra...
FOREX RESERVES ON TARGET AT $37.1B.
UNLIKE the actual higher-than-target inflation for 2008 that the Bangko Sentra...
- 60-80% of spending set in 1st half in economic package
- Job cuts inevitable in export sector
- Subterranean River represents RP to the world
Companies
Aussie company starts oil exploration efforts off Cebu
THE Department of Energy (DOE) and Nor-Asian Energy Limited are preparing to s...
- Alliance Tuna buys stake in New Zealand processor
- Tan firms ink property development deal
- ETPI subsidiary given additional service areas
Economy
Subic expects 3,000 Korean golfers from January to March
SUBIC BAY Free port—About 3,000 golfers from South Korea will regularly arri...
Subic expects 3,000 Korean golfers from January to March
SUBIC BAY Free port—About 3,000 golfers from South Korea will regularly arri...
- Tourist arrivals in Baguio in 2008 increase by 47.8%
- Meralco generation charge down by P0.079/kWh this January
- Experts from UN, OIE arrive in Manila to investigate Ebola Reston virus
Banking & Finance
RP starts dollar bond sale to fund deficit
MANILA AND HONG KONG—The Philippines started selling dollar bonds in Asia’...
RP starts dollar bond sale to fund deficit
MANILA AND HONG KONG—The Philippines started selling dollar bonds in Asia’...
- Peso advances to 3-1/2 month high as market takes risk
- Allied Bank plans to offer P5 billion in LTNCDs
- Peso rises back to 46:$1 on positive inflation news
Perspective
Downgrades and Downfall
Last of 3 parts THE contracts were flying out of AIG Financial Produc...
Downgrades and Downfall
Last of 3 parts THE contracts were flying out of AIG Financial Produc...
- 1998-2005: AIG & the anatomy of the crash
- THREE WAYS TO BE MORE PERSUASIVE
- ‘GIVE ME THE BALL!’ IS THE WRONG CALL
Nation
DENR revokes pact with SBMA
THE Department of Environment and Natural Resources (DENR) is taking over from...
- Bomber captured in Cotabato
- NPA to be inconsequential by ’10–Army commander
- Tobacco rejects turned into fertilizer
Shipping
Ports from Long Beach to Singapore presage 2010
WASHINGTON AND LOS ANGELES—Chris Lytle, chief operating officer of the Por...
Ports from Long Beach to Singapore presage 2010
WASHINGTON AND LOS ANGELES—Chris Lytle, chief operating officer of the Por...
- Magsaysay Transport to park vessels as lean days dawn
- Roro rates to go up by 15% after Christmas
- Cement maker Holcim gives vessel management to group
Sports
Sta. Lucia sends strong message
JUST in case the Rain or Shine (ROS) Elasto Painters have forgotten, the Sta. ...
Sta. Lucia sends strong message
JUST in case the Rain or Shine (ROS) Elasto Painters have forgotten, the Sta. ...
World
Obama warns of $1-trillion deficits
WASHINGTON—Slowing tax revenues and a historic bailout of the US financial s...
Obama warns of $1-trillion deficits
WASHINGTON—Slowing tax revenues and a historic bailout of the US financial s...
- US service sector contracts
- Fears over deflation influenced Fed action
- Pressure increases for Obama peace role in Gaza crisis
Life
Living on the edge in Cebu
NOT even a global economic crisis could stop a Cebu City hotel fr...
Living on the edge in Cebu
NOT even a global economic crisis could stop a Cebu City hotel fr...
- Delighting taste buds via ‘Northern Exposure’
- The Curiously Wondrous Case of Benjamin Button
- In 2008 more computers leaped from desktops to pockets
Science
Expecting a late night? Lack of sleep boosts heart risk
Had late nights wrapping gifts during the holidays? It is wise to get more res...
- How can we uphold the right to science?
- Biotechnology advocates awarded
- S&T scholarships ‘second wind’ for RP’s growth
Bloomberg Specials
Recipe for Famine
While food costs have fallen 25 percent since June, according to the Uni...
Recipe for Famine
While food costs have fallen 25 percent since June, according to the Uni...
- World Bank’s ‘wrong advice’ left silos empty in poor countries
- Government bribes in Cameroon divert funds from food amid riots
- Wasting enough rice to feed 184 million is habit only rats love
Regions
Hotdog maker urges kids to be ‘recycling idols’
SUBIC, Zambales—Using its popularity as a brand of hotdog with delicious che...
Hotdog maker urges kids to be ‘recycling idols’
SUBIC, Zambales—Using its popularity as a brand of hotdog with delicious che...
- More banks in Mindanao to open access to microentrepreneurs
- Business leaders position Caraga as interisland trade hub
- Travel Season
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