Posts Tagged by the-additional

DUE TO FIRMER PESO, BASE EFFECTS–> PLDT sets P3.2B for completion of fiber optic network

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The Philippine Long Distance Telephone Company (PLDT) has earmarked P 3.2 billion for the Digital Fiber Optic Network (DFON) expansion and fortification program to serve the increasing demand for broadband Internet services. PLDT has increased its total capacity of more than 1,000 Gbps after completing the additional 320 Gbps across six network loops nationwide at a total cost… Read More

Market up on Bernanke statement to keep rates low

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Share prices ended up yesterday due to Wall Street Read More

Proposed tax on text won’t pass Senate–Enrile

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MANILA, Philippines — The proposal to impose a five-centavo tax on text messages will never pass the Senate unless the telecommunication companies agree to reduce their present rates, if Senate President Juan Ponce Enrile will have his way. Read More

ADB Overdraft

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The Asian Development Bank received a $110 billion capital increase in the wake of the financial crisis this year, and now wants to spend the money. Read More

Estrada unfazed by senator’s claim he ordered publicist’s killing

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Manila: Former Philippine president Joseph Estrada said he was not worried by the threat of Senator Panfilo Lacson who hinted that the deposed leader was the alleged mastermind in the killing of publicist Salvador ‘Bubby’ Dacer and his driver Emmanuel Corbito in 2000, a local paper said. “He… Read More

Pass on text tax nixed

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MALACAÑANG yesterday cited three conditions for the administration to support a proposal to tax text messages. In yesterday’s press briefing at Malacañang, Deputy Spokespersons Anthony Golez and Gary Olivar jointly Read More