Article: NEWS IN BRIEF; Peso closed at P55.585/$.(Business)

The peso closed at P55.585 to the US dollar last Friday at the Philippine Dealing System of the Bankers Association of the Philippines. The weighted average rate stands at P55.409.

Smart puts up P20-M facility

Smart Communications Inc. has just set up the most advanced P20 million wireless laboratory in the world in Ateneo de Manila University, plans to set up in 6 more schools this year and in another 20 schools nationwide in 2004. Through this industry academe partnership called Smart Wireless Engineering Education Program (SWEEP), we hope to help raise the standards of Electronic and Communication Engineering (ECE) education, says President and CEO ...

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