DAVAO CITY — Representatives from about 400 cooperatives all over the country gathered in the city to come up with a strategy to meet the challenges expected from the Association of Southeast Asian Nations (ASEAN) economic integration by 2015.
IN ANCIENT Rome, soldiers received salarium, known as salary in our time, as a form of compensation for work rendered. It is believed that salarium originated from the term for “salt”, sal, because the wages were either used to purchase salt or were salt itself. Hence, this gave rise to the common expression “being worth one’s own salt”.
The Philippines and Israel signed a new air service agreement, increasing flight entitlements to both states.
Power Sector Assets and Liabilities Management Corp. (PSALM) has named the highest bidders for the independent power producer administrator (IPPA) contracts of the Unified Leyte geothermal power plant’s contracted capacity.
Merchandise exports likely contracted annually in September due mainly to base effects, according to British bank Barclays.
THE PRIVATIZATION of the 153.1-megawatt (MW) Naga power plant complex failed again after only one firm participated in the second round of bidding by the Power Sector Assets and Liabilities Management Corp. (PSALM) yesterday.
THE SCHEDULED maintenance shutdown of the Malampaya gas-to-power facility has been pushed back for two days with the expected entry of a super-typhoon this weekend.
SEVERAL major highway and light-rail transit (LRT) projects set to be rolled out next year could finally ease serious congestion problems in the Philippines.
LONDON — More businesses in the United Kingdom are expected to set up shop in the Philippines as British retail companies scale up their operations, the UK ambassador to the Philippines said.
MANILA North Tollways Corp. (MNTC) will formally present its proposal to state-run Philippine National Construction Corp. (PNCC) this month to form a joint venture for the P22.95-billion connector road that will link the North and South Luzon Expressways (NLEX and SLEX).