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SPi Global sells unit to US firm
Sunday, 07 August 2011 03:11

SPI GLOBAL Holdings, Inc. has moved to sell its medical transcription business to a United States-based outsourcing firm, the firm said in a statement on Friday.

Inflation steady at 4.6% in July; BSP says concern 'back to growth'
Sunday, 07 August 2011 03:04

Inflation was steady at 4.6% last month due to slower growth in prices of non-food items, the National Statistics Office (NSO) reported on Friday.

 
 
 
July GIR result of $71 billion tops full-year forecast
Sunday, 07 August 2011 02:54

The central bank’s full-year gross international reserves (GIR) forecast was topped last month, a result primarily attributed to the Bangko Sentral ng Pilipinas’ (BSP) increased foreign exchange operations and higher income from overseas investments.

Tagum City launches ecotourism, wildlife protection projects
Sunday, 07 August 2011 02:41

DAVAO CITY -- The local government of Tagum City in Davao del Norte, about an hour’s drive north of this city, has embarked on two initiatives which it hopes will become centers of tourism activity in the near future, a recent official statement read.

BoI calls for postponement of RE Law implementation
Friday, 05 August 2011 01:55

The Board of Investments (BoI) is seeking the temporary postponement of the implementation of the Renewable Energy Act of 2008, particularly the feed-in tariff (FIT) rate provision, as the country first needs to attract more investments and stay competitive in the global arena.

SM Prime abandons REIT plan
Friday, 05 August 2011 01:54

SY-LED DEVELOPER SM Prime Holdings, Inc. has dropped a plan to put up real estate investment trusts (REITs) in the face of strict tax bureau regulations, company officials yesterday said.

 
 
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