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Money Matters

Aquino urges cabinet to hasten implementation of projects

MANILA – President Benigno S. Aquino III has stressed the importance of intensifying the implementation of programs to “further bolster the foundations for sustainable and inclusive growth and progress for all Filipinos.” In a statement issued yesterday, Communication Secretary Herminio Coloma, Jr. said that “in a special cabinet meeting, the ...

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Oil firms draws back pump prices anew

MANILA – Oil firms cut pump prices of petroleum products by 65 centavos per liter on Tuesday. Pilipinas Shell Petroleum Corp. (PSPC), PTT Philippines, Seaoil Philippines Inc. (SPI), Petron Corp., Phoenix Petroleum Philippines and Chevron Philippines Inc. (CPI) said reduced diesel prices by 65 centavos per liter, which had a ...

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DTI starts Camiguin’s 1st Negosyo Center

MAMBAJAO, Camiguin – The Department of Trade and Industry (DTI) Camiguin Provincial Office launches the first Negosyo Center (NC) in the province, as one of the opening highlights of Mambajao’s 160th Foundation Day on July 6, 2015 at the New Mambajao Municipal Building, Camiguin. The launching ceremony started with the ...

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Land bank wins Green Leadership Award

THE Land Bank of the Philippines bagged the coveted Green Leadership award for its Environmental Due Diligence (EDD) system at the 5th Asia Responsible Entrepreneurship Awards (AREA), in ceremonies held last June 19 at the Banyan Tree Hotel in Macau SAR, China. The Green Leadership award is given to institutions ...

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PCCI sights AIIB beneficial for PH long-term growth

MANILA – Committing to the China-led Asian Infrastructure Investment Bank (AIIB) will be beneficial for the Philippines to fast track developments in the country. Philippine Chamber of Commerce and Industry (PCCI) President Alfredo M. Yao told the Philippines News Agency (PNA) the Philippines should join the AIIB, regardless of dispute ...

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Peso ends sideways vs. USD

MANILA – Worries about Greece’s situation and its impact on global markets made the Philippine peso moved sideways against the greenback Yesterday. It ended the trade at Php45.11 from Php45.09 in the previous trading. A trader said worries about developments in Greece, which failed to meet its June 30 deadline ...

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GreconNormin alarm over fake Chinese rice

By LITO RULONA Correspondent THE Northern Mindanao Grains Retailers Confederation of the Philippines (Grecon) has expressed alarm over reported proliferation of alleged “fake” rice imported from China and now bought by a family in Davao City. Grecon president Ms. Helen Osin said they had already asked assistance from the National ...

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PH targets more exports to Russia

THE Philippines sees an opportunity to increase exports to Russia after United States put sanctions on the latter. Philippine Chamber of Commerce and Industry (PCCI) President Alfredo M. Yao said Filipino businessmen will have a trade mission in Moscow in September this year to explore more business opportunities in Russia. ...

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