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P/$ stands at P42.04/$ 1.(News In Brief)
- Article from:
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Manila Bulletin
- Article date:
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April 28, 2008
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Copyright informationCOPYRIGHT 2008 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The peso exchange rate closed at P42.04 to the US dollar last Friday at the Philippine Dealing & Exchange Corp., (PDEx). The weighted average rate stands at P42.058.
BSP may hold rates in 2008
Standard Chartered Bank, in a commentary, expect the Bangko Sentral ng Pilipinas (BSP) to keep policy rates unchanged for the rest of this year. "However, our view remains that the US downturn will be drawn out over a period that extends beyond the current supply-driven inflation cycle," bank economists based in Hong Kong said. They now expect 2008 inflation to average 5.5 percent from BSP official target of 3-5 percent. "Provided that wage growth can be restrained at a benign ...
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Shang Properties profits jump more than half
The Manila Times;
April 30, 2008 ;
359 words
...Profits of Shang Properties Inc. surged...showed a 55.4-percent increase in...rose by 69.6 percent to P1.9 billion...increased by 128.3 percent due to the adoption of the percentage of completion...end-December, Shang Properties' total assets...increased by 10.6 ...
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Shang Properties buys land in Fort Bonifacio
The Manila Times;
May 31, 2008 ;
272 words
......Development Corp. (FBDC). Shang Properties Inc. disclosed that...reach Federico Noel, Shang Properties corporate secretary...consolidated net income rose 9 percent to P188.4 million year...recognized based on the percentage of completion at 67.5 percent. Rental income ...
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Peru's broadband user base increased 23.4 percent in 2007.(PERU)
Latin America Telecom;
August 1, 2008 ;
165 words
......Peru's broadband user base increased 23.4 percent in 2007. In December 2007, the country...penetration rate still stands at a meager 2.3 percent, which is much below the penetration levels...American region, including Argentina (6.6 percent), Chile (8.8 percent), and Brazil (4 percent...
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Manufacturing's 2Q productivity slides 2.2 percent.(Brief article)
Industrial Distribution;
October 1, 2008 ;
196 words
...Staff Manufacturing productivity slid 2.2 percent during the second quarter, the U.S. Dept...manufacturing since 1989, fueled largely by a 4.5 percent decline in productivity for the durable...Manufacturing accounts for roughly 12 percent of employment in the United States business...
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 "Star Tribune (Minneapolis, MN)")
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94% of nursing homes cited as deficient; A federal investigator found that...
Star Tribune (Minneapolis, MN);
September 30, 2008 ;
Pear, Robert;
622 words
......ROBERT PEAR WASHINGTON - More than 90 percent of nursing homes were cited for violations...in a report issued on Monday. About 17 percent of nursing homes had deficiencies that...homes last year, and they substantiated 39 percent of them, the report said. Levinson said...
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CAPITAL EXPENDITURES RISE 14 PERCENT TO RECORD HIGH IN 2006
US Fed News Service, Including US State News;
October 7, 2008 ;
457 words
......spending by all U.S. businesses rose 14.3 percent to a record high $1.31 trillion in 2006...businesses. Mining accounted for nearly 21 percent of the growth in total investment spending...investment spending ($67.7 billion or 221.5 percent) between 1999 and 2006. Mining also saw...
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Capital Expenditures Rises 14 Percent to Record High in 2006.
M2 Presswire;
October 7, 2008 ;
606 words
......Bureau: Capital Expenditures Rises 14 Percent to Record High in 2006(C)1994-2008 M2...spending by all U.S. businesses rose 14.3 percent to a record high $1.31 trillion in 2006...businesses. Mining accounted for nearly 21 percent of the growth in total investment spending...
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College Students Wi-Fi Has Become a Fixture on Campus; 73 percent Say...
PR Newswire;
October 6, 2008 ;
625 words
......have free Wi-Fi. What's more, fully 79 percent said that without Wi-Fi access, college...become a major deciding factor. Sixty percent of those polled agree that widely available...in at coffee shops and restaurants (55 percent), in parks (47 percent), and even in their...
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Dubai stocks fall by over 8 percent
Al Bawaba;
October 8, 2008 ;
105 words
......global economic turmoil. Dubai's main index closed the day 8.43 percent lower. At some point of the trading session the index lost over 10 percent. Emaar Properties fell 7.41 percent, dragging the benchmark to 3,085 points. The stock of the giant...
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August wholesale prices slide 1 percent.(Brief article)
Industrial Distribution;
October 1, 2008 ;
96 words
...Staff Wholesale prices dropped 0.9 percent in August, according to the U.S. Dept. of Labor, more...producer price index, which follows increases of 1.2 percent in July and 1.8 percent in June, was larger than the 0.4 percent slip predicted...
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