hiPinoy Portal

Again, oil firms up prices

admin — Wed, 22 Feb 2012 20:17:34 +0000

Oil companies raised fuel prices anew Wednesday to reflect the continued uptrend of oil prices in the global market last week.

PPP schools project attracts 15 firms

admin — Wed, 22 Feb 2012 20:17:32 +0000

The government’s Public-Private Partnership (PPP) for School Infrastructure Project has attracted an initial pool of 15 companies, according to an official of the Department of Education (DepEd). The three-phase project is estimated to cost P10.5 billion initially and the government intends to pay for the infrastructure construction over 10 years using staggered appropriations from the national government.

Surging crude oil prices worry BSP

admin — Wed, 22 Feb 2012 20:17:30 +0000

The latest spike in oil price resulting from the standoff between Europe and oil-producer Iran has caught the attention of the Bangko Sentral ng Pilipinas, which acknowledged that the Dubai crude price has breached its assumption for the year.

Philippines to contribute $500M to IMF facility

admin — Wed, 22 Feb 2012 20:17:27 +0000

The Philippines has pledged to contribute $500 million to the International Monetary Fund’s latest lending facility aimed at addressing crises such as volatility in the eurozone.

PH international air travel sector grew in ’11

admin — Wed, 22 Feb 2012 20:17:24 +0000

The country’s international air travel sector grew by nearly a tenth in 2011, outpacing the growth of the global aviation sector, which suffered from economic crises and volatile fuel prices.

OFW remittances seen to grow 6% this year

admin — Wed, 22 Feb 2012 20:17:22 +0000

Metrobank expects remittances to the Philippines to grow by 6 percent this year despite the prolonged crisis in the eurozone, saying sustained demand for Filipino workers in other labor markets will boost the amount of money they send home.

NFA: Raising palay support price now could encourage smuggling

admin — Wed, 22 Feb 2012 20:17:14 +0000

While the world market price of rice is low, National Food Authority (NFA) Administrator Angelito Banayo said raising the support price of palay now “could encourage smuggling” and keeps him from recommending the price hike to the NFA Council.

OFW remittances from Mideast, Asia to make up for any Europe dip – Metrobank

admin — Wed, 22 Feb 2012 20:17:09 +0000

Reduced money transfers from overseas Filipino worker in Europe this year will be “offset by the expected growth in remittances from the Middle East and Asian countries,” the Metropolitan Bank & Trust Co. said Wednesday.

Don’t wait for P-Noy to save boxing

admin — Wed, 22 Feb 2012 20:17:05 +0000

The proposal—carried here in the Inquirer —for aspirant boxers to be strictly equipped with proper defensive basics before they could take out a professional license has gained wholehearted support from various sectors.

Caligdong, Gier still doubtful for Malaysia tiff

admin — Wed, 22 Feb 2012 20:17:00 +0000

Philippine Azkals co-captain Chieffy Caligdong and veteran defender Rob Gier remain doubtful for the international friendly against Malaysia on Feb. 29 at the Rizal Memorial Stadium.