Wednesday, December 1, 2010

Miner posts record gold haul from Masbate

Business World 

DAILY output of Australian miner CGA Mining Ltd. from its Masbate gold project increased to a new record high, the miner told the stock exchange in a disclosure. 

Aboitiz OKs buyout offer for shipping unit

Business World 

LISTED holding firm Aboitiz Equity Ventures, Inc. will sell its stake in transport unit Aboitiz Transport Systems Corp., the company told the local bourse on Wednesday. 

T-bill rates nose-dive

Business World
Investors’ lack of options cited

TREASURY BILL (T-bill) rates plunged at yesterday’s auction as investors, limited with their options, competed for the debt papers. 

ASEAN rejects coordinated ‘hot money’ controls

Business World 

Southeast Asian finance ministers said Tuesday there was no need to coordinate on the massive inflow of foreign capital into the region, which has raised fears of destabilizing economies. 

Report brands local IPR protection as ‘far from satisfactory’

Report brands local IPR protection as ‘far from satisfactory’Business World 

GOVERNMENT protection of patents, trademarks and copyrights in the Philippines has been assailed by yet another trading partner, this time the European Union, for allegedly remaining weak despite earlier interventions.

2011 budget could clear Senate today

Business World

THE SENATE could approve the proposed P1.645-trillion national budget for 2011 today, paving the way for bicameral committee meetings and possible Congress approval before legislators go on a holiday break. 

BIR likely missed Nov. goal; full-year target beyond reach?

Business World

THE BUREAU of Internal Revenue (BIR) has all but abandoned this year’s collection goal as it likely missed its target last month.