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11/21/2008 | Inquirer.net | Topics: Business
No truth to call center layoffs--Arroyo
MANILA, Philippines -- President Gloria Macapagal-Arroyo disputed reports that a business process outsourcing (BPO) firm retrenched nearly 900 call center agents, and said that the firm was even planning to hire more.
 

11/21/2008 | Inquirer.net | Topics: Business
More job losses darken global outlook
WASHINGTON -- News of fresh job cuts worldwide and a strong jump in US unemployment Thursday darkened the global economic outlook and sent financial markets into convulsions.
 

11/21/2008 | Inquirer.net | Topics: Business
Korean won hits 11-yr low
SINGAPORE -- A bounce in Asian stocks and talk of a temporary revival in investors' risk appetite helped the Korean won recover from 11-year lows against the dollar on Friday, even as the Indonesian rupiah stayed under pressure.
 

11/21/2008 | Inquirer.net | Topics: Business
Korean won hits 11-yr low
SINGAPORE -- A bounce in Asian stocks and talk of a temporary revival in investors' risk appetite helped the Korean won recover from 11-year lows against the dollar on Friday, even as the Indonesian rupiah stayed under pressure.
 

11/21/2008 | Inquirer.net | Topics: Business
Asian Fin Bank eyes SE Asia property
HONG KONG -- Asian Finance Bank, one of three foreign Islamic lenders in Malaysia, plans to invest a $500 million fund in real estate projects in Southeast Asia as the global financial crisis creates more buying opportunities, its vice president for asset management said.
 

11/21/2008 | Inquirer.net | Topics: Business
No truth to call center layoffs--Arroyo
MANILA, Philippines -- President Gloria Macapagal-Arroyo disputed reports that a business process outsourcing (BPO) firm retrenched nearly 900 call center agents, and said that the firm was even planning to hire more.
 

11/21/2008 | Inquirer.net | Topics: Business
ASEAN+3 eye expanded FX fund
MANILA -- Finance and central bank officials from 13 Asian nations agreed to recommend expanding an $80 billion pool of currency swaps to shield the region from the financial crisis, a Philippine official said on Friday.
 

11/21/2008 | Inquirer.net | Topics: Business
Market plunges 4.15%
MANILA, Philippines -- (UPDATE) Share prices closed 4.15 percent lower on Friday tracking falls on Wall Street overnight amid weak US economic data, dealers said.
 

11/21/2008 | Inquirer.net | Topics: Business
Market plunges 4.15%
MANILA, Philippines -- (UPDATE) Share prices closed 4.15 percent lower on Friday tracking falls on Wall Street overnight amid weak US economic data, dealers said.
 

11/21/2008 | Inquirer.net | Topics: Business
Dollar recovers some ground in Asia
TOKYO -- The dollar regained some lost ground in Asian trade Friday, supported by safe-haven flows as stock markets tumbled and fears grew of a deep global recession.
 

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