Gov’t. building ASEAN Service Center web

The Ministry of Cooperatives, Small and Medium Businesses will design and eventually build a anASEAN Service Center website as a means to establish cooperation among small and medium businesses in the region.

The Ministry of Cooperatives, Small and Medium Businesses will design and eventually build a anASEAN Service Center website as a means to establish cooperation among small and medium businesses in the region.

The U.S. stock market closed lower on Wednesday as poor economic data raised concerns about global economic slowdown.

Chicago grains on Wednesday posted a strong rebound after deep correction in the previous trading day, as investors held that monetary policy around the world would be eased to spur economy. Besides, positive news on demand side added to the bullish tone.

The Canadian stock market closed at its highest level in almost six months on Wednesday as commodity stocks ran ahead despite weak European and Chinese economic data.

The Department of Energy (DOE) will bid out new 40 to 50 run-of-river hydroelectric sites in the third quarter to promote a level of playing field and ensure transparency in the awarding of government contracts.

The local unit again strengthened against the US dollar Wednesday on account of external developments particularly developments in Greece.

The Bureau of Internal Revenue (BIR) is set to conduct bidding by the middle of this year for the procurement of the tax stamp but this will not be a built-operate-transfer (BOT) contract.

Fuel leakage from a Russian oil tanker that ran aground near Iturup Island in the Kurils chain has continued, local media reported Wednesday.

The Power Sector Assets and Liabilities Management (PSALM) Corporation is pursuing the approval by the Energy Regulatory Commission (ERC) of the full amount of the Universal Charge (UC) for stranded debts (SD) and stranded contract costs (SCC) determined at P0.03 per kilowatt hour (kWh) and P0.36 per kWh, respectively.

The International Monitory Fund started Wednesday its monitoring mission led by Chris Jarvis to Belarus, the IMF office in Belarus said.













