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Recovery, reconstruction still government priorities
DAGUPAN CITY, Mar. 18 (PNA)
-- The government, in collaboration with its private sector partners,
through the Special National Public Reconstruction Commission (SPNRC),
remains focused on expediting the recovery and reconstruction of areas
damaged by last year's Typhoons "Pepeng" and "Ondoy."
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Binga stakeholders allow IP to manage communal site
MANILA,
March 18 (PNA)--Following the signing of a multi-party agreement,
indigenous people of Barangay Tinongdan in Itogon, Benguet were allowed
to manage certain areas near the Binga power plant.
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Anchor Land inks P1-B loan deal with BDO, Allied Bank
MANILA,
March 18 (PNA) - Property developer Anchor Land Holdings Inc. (ALHI) has
signed a P1-billion notes facility with lenders Banco de Oro and Allied
Bank, the first time that the company has tapped the debt market since
its successful initial public offering three years ago.
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Former SRA administrator says government must prosecute illegal traders
BACOLOD
CITY, March 18 (PNA) - Former Negros Occidental Governor and retired
Sugar Regulatory Administrator Rafael Coscolluela stressed the need for
the national government to “prosecute” possible “illegal traders” and
those involved in bringing smuggled goods into the country especially
sugar.
[ Read More ]
Cable&Wireless Worldwide and PLDT Strengthen Partnership to Serve Growing Global Telecom Needs of Philippine Enterprises services
MANILA,
March 18 (PNA/PRNewswire-Asia-AsiaNet) -- Cable&Wireless Worldwide
and Philippine Long Distance Telecommunications (PLDT) today announced
an expansion of their seven-year long strategic partnership to deliver
Multi-Protocol Label Switching (MPLS) network connectivity and
value-added telecommunications services to enterprise
customers in one of the fastest growing economies in Asia yesterday.
[ Read More ]
Gov’t opens door to $ 300M new Japanese investments
MANILA,
March 18 (PNA) -- Government has welcomed a decision by Japanese
electronic giant NIDEC to infuse US $ 300 million (about P13 billion)
in fresh investments in the electronics industry in the Philippines,
thereby expanding the firm’s current exposure in the country to about $
800 million.
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La Union bags award as best OTOP implementer in Luzon
SAN
FERNANDO CITY, La Union, March 18 (PNA)--The provincial government of La
Union headed by Governor Manuel C. Ortega was adjudged as the top
One-Town-One-Product (OTOP) Implementer in Luzon during the recently
concluded 2010 National OTOP Congress in Pasay City.
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Thrift, rural banks can begin selling micro insurance to small savers -- BSP
MANILA,
March 18 (PNA) -- Regulators look with favor on the thrift bank proposal
allowing the industry to sell
so-called micro insurance products.
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Banana production suffers 30% reduction amid El Niño
DAVAO
CITY, March 18 (PNA) -– Philippine Banana Growers and Exporters
Association (PBGEA) President Stephen Antig raised the intensification
anew of spot buyers, better known as “pole-vaulting”, in the banana
industry as banana production markedly reduced amidst the dry spell.
[ Read More ]
PSALM sets bidding for 150MW BacMan geothermal plants
MANILA,
March 18 (PNA) -- The Power Sector Assets and Liabilities Management
(PSALM) Corporation announced the bidding of the 150-megawatt (MW)
BacMan geothermal power plant package located in the provinces of Albay
and Sorsogon.
[ Read More ]
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