eAs of August 29, 2003

FOREX
P54.947 = $1 (up 16.6 centavos)
PHISIX
1,192.83 = (down 25.59 points)
| Bacolod | Baguio | Cebu | Cagayan de Oro | Davao | Dumaguete | General Santos | Iloilo | Manila | Pampanga | Pangasinan | Zamboanga |
Monday,
September 1, 2003
BUSINESS NEWS
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'Inconsistent,' outdated tax laws bug importers


SMC NETWORKS Asia Pacific sales division 2 vice president Wesley Chua (right) answers a question in a press conference at Cebu City Marriott Hotel. With him is Software and Engineering Data Systems Inc. general manager Edel Ortiz. (SUN.STAR FOTO/ARNI ACLAO)

CEBU -- Inconsistencies in the Tariff Code are making life difficult for importers, according to an official from an influential business group.

"The whole Tariff Code has been amended partially, and some conflict with other parts of the Code," said Oscar Brillo, chairman of Customs affairs of the Philippine Chamber of Commerce and Industry, on the sidelines of a forum on trade and tariff policy at Sacred Heart Center last Tuesday. [ full story ]

No rice hoarding, retailers assure
DAVAO -- Grains Confederation (Grecon) Regional Chair Pablo Gonzales assured Wednesday that the city's rice retailers do not practice rice hoarding to create an artificial shortage. [ full story ]

Networking products seller ties up with GoldTelecomm
CEBU -- The mushrooming of many electronic services outsourcing companies in Cebu has prompted an authorized distributor of networking products to aggressively penetrate the Cebu market. [ full story ]

OPINION
Antonio: Shaping complex projects

UNCERTAIN. Project management used to be about driving out uncertainty. You nailed down all the deliverables right at the outset, thought through issues around scale, sequence, and size, and fine-tuned your specs so that the implementation could be as routine as possible. With today's projects, however, much of the uncertainty surrounding information management simply can't be eliminated. [ full story ]

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