Todays News..

Oil climbs above $ 109/bbl on Iran, diesel supply concerns
SINGAPORE, April 8 (Reuters) — Oil rose above 9 on Tuesday, as Iran said it had started to set up advanced centrifuges at a uranium enrichment facility, and on fears over diesel supply disruptions following a European refinery fire.

New overseas investment guidelines up
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved a new set of guidelines for its external fund management.

Money supply rise slows down to 6.6%
The Bangko Sentral ng Pilipinas (BSP) said domestic liquidity or M3 expanded by 6.6 percent year-on-year as of February to P3 trillion, slower than the growth in January of 7.2 percent.

TIWI-MAKBAN REHAB WORKS
The Power Sector Assets and Liabilities Management Corporation (PSALM) has scheduled a second pre-bid conference on the Tiwi and Makiling-Banahaw geothermal plants sale on April 16 to resolve a major issue raised by investors on the required rehabilitation work for the assets.

Korea funds $ 2.2-M Dagupan seafoods plant
A $ 2.2-million seafood processing plant will be put up in Dagupan City to be financed by the Korea International Cooperation Agency (Koica) and is expected to enhance export prospects of Pangasinan.

source: mboline.com