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SOCIOECONOMIC
Planning Secretary Romulo Neri elaborates on the
first-quarter GDP report. With him are Romulo A. Virola,
secretary-general of the National Statistical Coordination
Board (NSCB), and director Dennis Arroyo of Neda.
--RHOY COBILLA |
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Economy posts 6.9% Q1 growth |
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IT was too
good a piece of news to keep quiet about, so that President
Arroyo, who was in Australia on a state visit, eagerly
preempted official government announcement to boast that the
Philippine economy was on a roll, having posted its
strongest quarterly growth in 17 years. |
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RP,
Australia ink pacts on forces, development
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THE
Philippines and Australia on Thursday signed two pacts aimed
at improving security and development cooperation between
them, including a Status of Visiting Forces Agreement (SOVFA)
that paves the way for joint military exercises. |
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PNB
banks on more remittances |
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THE
Philippine National Bank has taken the opposite view to the
prediction of the Bangko Sentral ng Pilipinas that the flow
of remittances from overseas Filipino workers would soon
slow down. |
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Liquidity swells to 26.3%, but MB keeps rates as is |
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DOMESTIC
liquidity growth, known as M3 among economists, accelerated
further to 26.3 percent in April and marked the fifth time
in a series this has grown at the worrisome and rather
unwanted clip of above 20 percent. |
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13th
Congress prodded to pass renewable energy bill |
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ENVIRONMENTAL advocacy group World Wildlife Fund Philippine
chapter has urged the outgoing Thirteenth Congress to remove
from its backburner the Renewable Energy Bill, arguing its
promised impact in mitigating global warming “is much more
significant than the recently passed Biofuels Act of 2006.” |
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PhilHealth probes 217 fake claims |
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THE
Philippine Health Insurance Corporation (PhilHealth) is
investigating 217 cases of spurious claims by private
doctors and hospitals, an official statement said. |
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‘Clean coal’ a myth–Greenpeace |
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JAKARTA—Greenpeace on Thursday slammed CoalTrans, the
largest gathering of coal producers and users in Asia, for
promulgating the myth of “clean coal” and aggressively
pushing false “end-of-pipe” solutions that will do little to
avert catastrophic climate change. |
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‘Pocket open skies’ in Clark enforced soon |
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PRESIDENT
Arroyo’s intention to reinstate the open skies policy in the
airports in the Clark and Subic economic zones may be
implemented soon, according to Socioeconomic Planning
Secretary Romulo Neri on Thursday. |
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MORE STORIES ... |
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WILSON YOUNG (left) president
of Tanduay Holdings Inc. and Lucio Tan, chairman, during
the Tanduay stockholders meeting at the Century Park
Sheraton Hotel in Manila. Higher spending for advertising
and promotion failed to boost revenues for the rum maker.
ROY DOMINGO |
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