For complete list of INQUIRER.net RSS Feed visit http://services.inquirer.net/rss/rss.php http://services.inquirer.net/rss/money_topstories.xml 2009-11-21T12:05:18+08:00 text/html http://business.inquirer.net/money/topstories/view/20091120-237415/Subsidies-to-state-firms-up-45-to-P145B GOVERNMENT subsidies to 35 state-owned and -controlled corporations and institutions were slashed by 37.6 percent in October as the budget deficit breached the full-year target limit with still two months to go. text/html http://business.inquirer.net/money/topstories/view/20091120-237414/Stable-FX-eats-into-SPC-Power-earnings PUBLICLY listed SPC Power Corp. said its net income in the first nine months fell 22 percent to P336.6 million due to a substantial decline in foreign exchange gains. text/html http://business.inquirer.net/money/topstories/view/20091120-237413/SMEs-encouraged-to-break-through-IT-barriers THE Department of Trade and Industry and the Philippine National Information Technology Standards (Philnits) have teamed up to enable small and medium enterprises nationwide to harness the power of information technology to grow their businesses. text/html http://business.inquirer.net/money/topstories/view/20091120-237412/PPA-reports-marginal-growth-in-domestic-sea-travel-in-Q2 THE number of people who traveled by sea within the country inched slightly higher in the second quarter of the year, data from the Philippine Ports Authority (PPA) revealed. text/html http://business.inquirer.net/money/topstories/view/20091120-237411/Metrobank-unit-puts-up-forex-fund FIRST Metro Investments Corp., the investment banking unit of the Metrobank group, is putting up a new mutual fund company catering to investors with an appetite for foreign exchange assets. text/html http://business.inquirer.net/money/topstories/view/20091120-237409/Landbank-loans-to-agri-SME-sectors-priority-rose-by-18-in-Q3 THE Land Bank of the Philippines increased its lending to priority sectors in the third quarter, particularly for agriculture-related projects, the state-run financial institution said. text/html http://business.inquirer.net/money/topstories/view/20091120-237408/3-Japan-firms-vie-for-lease-of-RPs-Tokyo-lot THREE Japanese companies are on the shortlist of firms vying for a 50-year lease of a Philippine government property in a posh district of Tokyo. text/html http://business.inquirer.net/money/topstories/view/20091120-237407/Intex-defends-environmental-clearance NORWAY’S INTEX RESOURCES ASA is getting ready to defend the environmental compliance certificate (ECC) for its Mindoro nickel project, according to president and CEO Erlend Grimstad. text/html http://business.inquirer.net/money/topstories/view/20091120-237406/EasyCall-posted-P142-M-profit-in-3rd-quarter EASYCALL Communications Philippines Inc. swung to profitability in the third quarter after losing more than a million pesos in the same period last year due mainly to its share in the income of an outsourcing firm where it has a small stake in. text/html http://business.inquirer.net/money/topstories/view/20091120-237404/Disclosures Republic Glass Holdings Corp. has announced on Nov. 18 the reappointment of the accounting firm Sycip Gorres Velayo & Co. as the company’s independent auditor for the current year, 2009. text/html http://business.inquirer.net/money/topstories/view/20091120-237403/Banks-NPL-ratio-eased-further-in-September THE Bangko Sentral ng Pilipinas said nonperforming loans of commercial and universal banks eased further in September, bringing down the NPL ratio to its lowest level since it peaked at 18.8 percent in October 2001. text/html http://business.inquirer.net/money/topstories/view/20091120-237402/Ayala-Land-subsidiary-to-focus-on-community-shopping-centers PROPERTY giant Ayala Land Inc. seeks to diversify its revenue stream by going into the pocket development of community-based shopping malls that are much smaller than Greenbelt or Glorietta.