Investments exceed target
By Elaine Ramos Alanguilan
Committed investments registered with the Board of Investments last year exceeded government targets.
Wachovia shuts down representative office in Cebu
By Eileen A. Mencias
American bank Wachovia is closing its representative office in Cebu, Bangko Sentral sources said.
BSP sees remittances growing to $18b
The Bangko Sentral expects remittances this year to grow around 6 percent to $17.9 billion despite the slowdown in the global economy.
Finance: Public sector to post deficit in ?09
By Lawrence Agcaoili
The Finance Department sees the country?s public sector incurring a deficit this year instead of a surplus due to a wider budget shortfall.
At least four rural banks seeking emergency loans
At least four rural banks have gone to the central bank to seek emergency loans after depositors got spooked with the series of closures in December.
THE long-held dream of the Philippine Daily Inquirer to expand into radio may finally see fruition this year.
According to the grapevine, the owners of the country?s leading broadsheet tabloid have already purchased a property in Malabon for the transmitter tower while quietly lobbying key congressmen?a no-no among the Inquirer?s politically correct, anti-administration editors?for the crucial franchise approval.
