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 Lunes Ika-24 ng Nobyembre, 2008
 Quote Data as of 11/24/2008 4:44:23 AM  
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World Financial Headlines
Market gloom eases as Asian stocks rebound
21 November 2008 | 3:19 PM  
More job losses darken global economic outlook
21 November 2008 | 10:42 AM  
World stocks dive as panic spreads
21 November 2008 | 6:35 AM  

SM backs out of LRT North Extension project
By: Darwin G. Amojelar | Manila Times
21 November 2008 | 9:34 AM

The Philippines’ largest mall developer and owner has backed out of a plan to finance the construction of an additional station for the Light Rail Transit Line 1 (LRT 1) North Extension project, a high-ranking official of the Department of Transportation and Communications told The Manila Times.
[ Full Story ]
 Other News
Cebu Pacific reports high passenger numbers
Despite the effects of the global financial crisis on most businesses, Cebu Pacific (CEB) is claiming a 30-percent hike in revenues this year, largely from improved passenger numbers, to 5.7 million to last year’s 5.5 million.
[ Full Story ]
   
Telco tiff over Fort Bonifacio heats up
A subsidiary of Philippine Long Distance Telephone Co. has filed criminal charges against a unit of rival Globe Telecom Inc., its contractor Avecs Corp. and the Fort Bonifacio Development Corp. (FBDC) for malicious mischief and theft.
[ Full Story ]
   
IPVG to cut M&A activity next year
IPVG Corp. said it will cut back on merger and acquisition activities (M&As) and trim operating costs to conserve cash and prepare for a tougher business environment next year, executives said.
[ Full Story ]
   
PAL losses balloon on costlier fuel
Losses of Philippine Airlines (PAL) ballooned in the second quarter of its current fiscal year owing to costlier jet fuel, the price of which doubled during the period.
[ Full Story ]
   
PLDT’s offer to interconnect a ‘red herring, ’ says Globe
Globe Telecom on Wednesday junked the offer of rival Philippine Long Distance Telephone Co. (PLDT) to enter into an interconnection agreement to serve the Fort Bonifacio Global City (BGC) in Taguig.
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 Market Summary
Indices Last Change Percent
PSEi 1,765.90 76.43 4.15
All Shares 1,153.79 35.33 2.97
Dow Jones 8,046.42 494.13 6.54
NASDAQ 1,384.35 68.23 5.18
 As of 11/21/2008 - 12:11 PM
 Treasury Bill Rates
Tenor = Days Current Previous Change
91 0.000
182 6.469 6.312 0.157
364 6.896 6.520 0.376
 As of 11/11/2008 12:00 AM
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