PAL reopens Brisbane, Saudi routes

By Lily O. Ramos

MANILA, March 12 –National flag carrier Philippine Airlines has acquired two brand new Boeing 777-300ER aircraft for its service resumption to international destinations later this March.

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PCCI alarmed by sudden surge in sugar prices

MANILA, March 12 — The Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, is alarmed over the surge in sugar prices.

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Economic Team, BSP Roadshow in Dagupan up

DAGUPAN CITY, March 12 –The government's Economic Team and he Bangko Sentral ng Pilipinas (BSP) will be back in Dagupan City on March 17 as part of its economic briefings nationwide, the BSP's Investor Relations Office (IRO) said.

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KOICA hikes financial aid to RP

MANILA, March 12 – The National Economic and Development Authority (Neda) said the Korean International Cooperation Agency (KOICA) of South Korea has increased its grant assistance to the Philippines to US$ 15 million this year from US$ 10 million last year.

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Cebu Pacific eyes 15M passengers by 2013

MANILA, March 12 – Cebu Pacific expects to carry more passengers over the next three years with the acquisition of new aircrafts.

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New rounds of Economic Roadshows up in Dagupan Wednesday

MANILA, March 12 -The Economic Team and the Bangko Sentral ng Pilipinas (BSP) are back in Dagupan City for another round of economic briefings nationwide, the Investor Relations Office (IRO) said.

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Obama unveils a slew of steps to ramp up exports

WASHINGTON, March 12 — The US president Barack Obama today announced a series of measures to double the country's exports and support two million jobs and promised that his administration will ensure a level-playing field for exporters in global markets.

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United States' trade deficit narrows in January

WASHINGTON, March 12 — US trade deficit unexpectedly narrowed to US$ 37.29 billion in January as import and export both declined, the commerce department said Thursday.

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U.S. regulator eyes mandatory driving data, brake override systems

WASHINGTON, March 12 — A top U.S. safety regulator on Thursday indicated the government will seriously study mandatory installation of driving data recording instruments and a brake override system in vehicles as part of efforts to deal with cases of sudden unintended acceleration.

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Russia reiterates interest in building Egyptian nuclear plant

CAIRO, March 12 — Russia intends to take part in a tender to build a nuclear power plant in Egypt within the framework of developing cooperation in the country's nuclear power sector, the Russian industry and trade minister said.

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