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Power Sector Assets and Liabilities Management Corp., the agency in charge of privatizing state power assets, plans to borrow as much as $1 billion as early as next quarter to bolster working capital and pay maturing debt, an official said.
Finance endorses bill regulating HMO firms
By Lawrence Agcaoili
The Finance Department is supporting a bill that seeks to regulate health maintenance organizations in the country, provide transparency and accountability in the healthcare system and prevent fraud.
Panasonic expects no further job cuts in RP
Japan’s Panasonic Corp., the world’s biggest maker of plasma television, yesterday said it will no longer cut jobs in the Philippines this year after shutting down its battery plant in Taytay, Rizal.
Japanese executives offer digital TV system
By Roderick T. dela Cruz
Executives from the Japanese broadcast industry are pushing for the adoption of Japan’s digital television system in the Philippines once Manila shifts from the analog mode.
Central bank okays Jica’s $80-m policy support loan
The Bangko Sentral has an $80-million loan from the Japan International Cooperation Agency for government’s development policy support program, a senior official of the central bank said yesterday.
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