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The role of biofuels
in the energy debate

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Philippine Mining News
Week 26 of 2008
Monday 30th June 2008
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Week Ending:
11-July-08
04-July-08
USA ($1.00)
45.565
45.320
Japan (¥1.00)
0.4279
0.4245
Eurozone (€1.00)
72.489
71.094
UK (£1.00)
90.483
89.899
NEER
13.32
13.34
91-day T-bills
3.673%
3.673%
Rediscount Rate
Repo Rate
7.00%
7.00%
Rev. Repo Rate
5.75%
5.25%
Gold Buy/troy oz.
965
931.25
Phisix
2,437.99
2,369.21

 

Today is:

Executive Brief: Living with a more volatile world
An outlook briefing The Economist Intelligence Unit has recently conducted its mid-year economic outlook briefing in Singapore and in Hong Kong. This executive brief reports the conclusions of those meetings and adds our own comment on the implications o...

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Corporate Insight: While Obama won and Hillary lost
That’s it! The Democratic candidate for the 2008 U.S. Presidential election is Barack Obama. Hillary Clinton, who was still leading the pack for the Democratic nomination at the end of 2007, has given her concession speech. How could a junior Senator in...

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The Philippine Business Leaders Forum maintains an active briefing service for corporations and senior executives drawing on experienced Filipino and expatriate business leaders who participate in our peer group programs. To learn more about what we offer call us today on +63 (2) 813 8170 to 72

Recently Uploaded

Speech: Corruption in the Private Sector: The Quiet Forces that Engender Corruption
My wife and I created a foundation to study corruption and governance matters 9 years ago and since then I have spent a significant part of my life on the subjects. An old friend of mine who is a col
July 9, 2008
Speech: Responsible mining for sustainable development in the Philippines
By Dr. Jose P. Leviste Jr. Resident Representative, Australia Philippine Business Council (APBC) Chairman, OceanaGold Philippines Inc.; Director, OceanaGold Corporation Chairman, Philippine Busines
June 26, 2008
Logistics focus group: Occupational safety: the case of Hanjin shipyard in Zambales
The Subic Bay Metropolitan Authority (SBMA) has recently suspended construction activities at the Hanjin shipyard in Subic, Zambales after another worker died on 20th June 2008 in the latest of a stri
June 24, 2008
June 2008 Executive Forum: Mining in the news presentation by Mr. Philip Romualdez
June 23, 2008
June 2008 Executive Forum: Mining in the news speech by Mr. Philip Romualdez
Resolving problems on the ground: Issues on illegal mining/LGU concerns and excise taxes/
June 23, 2008
Briefing paper: Mining in the news
What’s happening to mining in the Philippines Circulated previously as part of Philippine Mining News of Monday 16th June 2008.
June 16 2008
Commentary:Fortifying the ramparts
There was hope, for a while at least, that in the twilight years of her Presidency (if such they are), President Gloria Macapagal-Arroyo would be conscious of the need to secure her place in history t
June 10, 2008
Working paper: PBLF Logistics Working Group
This paper deals with the vulnerabilities of the global container shipping industry and the implications of this for the Philippines.
June 2, 2008
Commentary:Multipliers
First it was the so-called rice crisis which proved to be no crisis at all but rather an increase in prices as a result of global commodity trends. Then miraculously the rice issue disappeared from th
May 31, 2008
Commentary:The times they are a changin
Times are tough and by all accounts they are becoming more so. We read about it every day in the press now and, thankfully for Malacañang, people are becoming more concerned over rice, oil and the pro
May 15, 2008
Record of meeting: Mining Consultative Group
Twenty-nine members and guests joined our consultative group meeting at the Tower Club including Atty Pat Dumlao of the League of Provincial Board Members of the Philippines, Mr. Art Disini representi
May 8, 2008
Briefing Paper: Going Green
Filipino politicians gain popularity by advocating environmental causes, but unfortunately mere talk does not resolve environmental problems in the country known for being visited by the most number o
April 24, 2008
Record of Meeting: Going green: what it means for you and your business
Our guest speaker, Mr. Carmody, shared his personal opinions on matters relating to climate change and discussed the measures which the government and the private sector can take to reduce or slow the
April 24, 2008
Commentary: The mining industry in India starts to be noticed
An article in last week’s Wall Street Journal Asia (see: India Unveils Details in New Mining Policy dated April 11) should be a salutary reminder that the Philippines is not the only game in Asia when
April 14, 2008
Commentary: Mulcting motorists
It seems simple in theory; a single traffic and vehicular enforcement system for Metro Manila roads and to be implemented by the Metro Manila Development Authority (MMDA). As the situation is now, eac
April 01, 2008
Commentary: How not to get "hacked off" with computer security
Some thoughts on how to protect yourself online The CIA recently made public the fact that hackers have been able to darken cities around the world by gaining unauthorised access into computers contr
March 31, 2008
Commentary: Unemployment and underemployment in the Philippines
When President Arroyo assumed office in 2001, she promised one million new jobs per year but the domestic economy has failed to produce anywhere near such numbers. And with the population of employabl
March 25, 2008
Commentary: Progress in national mining policy?
There is much happening in the Philippines mining industry and yet investors remain concerned that national mining policy could yet unravel. As we reported last week in this column, the prestigious
March 14, 2008
Record of Meeting: Labour productivity and skills mismatch in the Philippines
Our guest speaker spoke of the need to address the twin issues of low productivity and the skills mismatch in the Philippines.
March 13, 2008
Commentary: The will of the gods
The people are back on the streets demonstrating for a leadership change through People’s Power. The masa (people) from the outlying suburbs are once again being bussed into Makati, and paid for their
February 29, 2008
ASEAN Speech by Doctor Mike Clancy: Assessing ASEAN competitiveness and its readiness for East Asian Regionalism
“Assessing ASEAN Competitiveness and its readiness for East Asian regionalism.” That is quite a topic to cover in 20 minutes or so and at best I can give you some ideas that will hopefully lead into
March 13, 2008
Briefing Paper: Fueling the Future | The role of biofuels in the energy debate
Globally, biofuel use has risen dramatically in recent years, driven initially by the need to find domestic substitutes for expensive petroleum but also by the need to provide cleaner air. Of all th
February 8, 2008
Commentary: People’s power fades into history
January 20th marked the 7th anniversary of EDSA II—the second peoples power uprising that led to the ouster of President Estrada and the installation of (then) Vice President Gloria Macapagal-Arroyo t
January 28, 2008
Commentary: Forward planning
Our January executive forum meeting looked at the economic prospects for the country in 2008. Even with greater uncertainties in the global market, it looks as though on the economic front at least th
January 27, 2008
Record of Meeting: PBMLP/PBLF Minerals consultative group
Atty Dumlao, representing the Provincial Board Members League of the Philippines, said that among the 980 Board members there remained much uncertainty and confusion over issues surrounding resourc...
January 22, 2008
Record of meeting: Looking back; moving forward
A look at where the economy is headed in the year ahead
January 17, 2008
Briefing Paper: Looking back, moving forward
While the main focus of our January meeting will be on the economy and business conditions, it will provide an opportunity to look more broadly at the direction the Philippines is taking.
January 17, 2008
Commentary: The world (and the Philippines) in 2008
As we noted in a previous commentary, it has been a pretty good year for the Philippines. The numbers are coming in and the broader picture is coming into focus. On the economic front it looks like mo
December 12, 2007
Open Access: What is in it for you and your company?
Dealing with suppliers of choice

Presentation by Mr. Arnerl Bilaoen, GN Power
November 29, 2007
Open access: What is in it for you and your company?
Using the energy spot market

Presentation by Mr. Lasse Holopainen, President of the Philippines Electricity Marketing Corporation
November 29, 2007
Open access: What is in it for you and your company?
Contracting for power—Making the system work for you

Presentation by Atty. Leo Abuda, Quisumbing Torres
November 29, 2007
Commentary: Military folly
In a reprise of the 2003 Oakwood mutiny that paralyzed the Makati central business district for one whole day and which briefly put the Philippines on the front page of world newspapers and TV news re
November 29, 2007
Commentary: A very good year?
The numbers are starting to come in and the picture for the year as a whole is coming into focus. On the economic front it looks like more and more good news for the Philippines. Growth is up; the b
November 27, 2007
Closing remarks by Atty Leo Dominguez: PBMLP Summit Conference:
Where do we go from here?

Closing remarks by Atty Leo Dominguez, Senior Partner, Quisumbing Torres
November 26, 2007
PBMLP Summit Conference:
Welcome Remarks by Atty. Joel Alejandro, PBMLP
November 26, 2007
PBMLP Summit Conference:
The government’s revitalization program for responsible mining

by Asst. Dir. Edwin G. Domingo, MGB
November 26, 2007
PBMLP Summit Conference:
Closing remarks

by Hon. Patricio Dumlao, Chairman, PBMLP - Region 2
November 26, 2007
PBMLP Summit Conference:
Building a world-class mining industry-meeting the challenge of sustainable summunity development

by Ms. Feliece Yeban, Vice President, Social Commitments, TVI Resources Development (Phils.) Inc.
November 26, 2007
Understanding the Dynamics of the Philippines
Presentation by Mr. Antonio Herbosa

November 07, 2007
Conclusion Paper
Dynamics of the New Philippines

Our guest speaker spoke with considerable optimism about the direction in which the Philippines was heading. He spoke from his experience as an investment banker and as a financial consultant.
November 07, 2007
Programme planning for 2008
November 6, 2007
Commentary: Mining Summit to promote dialogue with local government
A one-day and “by invitation only” mining summit between the industry and local government is the first step in an initiative designed to bridge the gap between the responsible mining industry and lo
November 04, 2007

Weekly Indices

Stock Indicators

Week Ending July 11, 2008

Manila

2,437.99

Bangkok

728.77

DJIA

11,100.54

Hong Kong

22,099.32

Jakarta

2,276.85

Kuala Lumpur

1,150.39

London

5,261.60

NASDAQ

2,239.08

New Zealand

3,121.54

Seoul

1,567.51

Singapore

2,926.84

Sydney

5,067.80

TAIEX

7,204.65

TAISDAQ

112.66

Tokyo

13,185.90

Currencies against the USD

Week Ending July 11, 2008

Philippines

0.0219

Australia

0.9684

Britain

1.9843

Canada

0.9910

China

0.1462

Euro

1.5907

Hong Kong

0.1282

Indonesia

0.0001

Japan

0.0093

Korea

0.0009

New Zealand

0.7620

Singapore

0.7375

Switzerland

0.9806

Taiwan

0.0328

Thailand

0.0299

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