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By Jenniffer B. Austria
San Miguel Corp. plans to exercise its option to take over oil refiner Petron Corp. within the year, president and chief operating officer Ramon Ang told reporters over the weekend.
Finance set to trim Customs, BIR goals
By Lawrence Agcaoili
The Finance Department is set to significantly slash the collection targets of the Bureau of Internal Revenue and the Bureau of Customs this year due to weak economic conditions.
Housing agency floats P1.86-b bonds
National Home Mortgage Finance Corp. will issue P1.86 billion worth of five-year bonds backed by super prime accounts, with Standard Chartered Bank as its underwriter.
Govt posted lower budget deficit of P67b last year — Pascua
By Eileen A. Mencias
The national government posted a smaller-than-programmed budget deficit of P65 billion to P67 billion in 2008, a source from the Development Budget Coordinating Committee said.
$1b worth of loans from WB sought
By Roderick T. dela Cruz
The Philippines is asking the World Bank to finance more than $1 billion worth of programs and projects this year, despite a controversy over a national road project.
By Victor C. Agustin
THE Inquirer staff members were pleasantly surprised when Franklin Drilon, in a break from his busy past, attended the newspaper’s anniversary celebrations in December; the former Senate President even made beso beso with editor-in-chief Leticia Jimenez-Magsanoc like a long-lost colleague.
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