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		<title>Oil prices lower on weak Europe, China data</title>
		<description><![CDATA[Oil prices were lower in Asian trade Thursday, weighed by weak economic data from Europe and China, as well as an increase in US crude stockpiles indicating faltering demand.]]></description>
		<link>http://business.inquirer.net/45929/oil-prices-lower-on-weak-europe-china-data</link>
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		<title>No change in PSE index</title>
		<description><![CDATA[The Philippine Stock Exchange has kept the same roster of 30 companies comprising the main local stock market benchmark after the latest of twice-a-year index review.]]></description>
		<link>http://business.inquirer.net/45923/no-change-in-pse-index</link>
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		<title>Again, oil firms up prices</title>
		<description><![CDATA[Oil companies raised fuel prices anew Wednesday to reflect the continued uptrend of oil prices in the global market last week.]]></description>
		<link>http://business.inquirer.net/45917/again-oil-firms-up-prices</link>
			</item>
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		<title>PPP schools project attracts 15 firms</title>
		<description><![CDATA[The government’s Public-Private Partnership (PPP) for School Infrastructure Project has attracted an initial pool of 15 companies, according to an official of the Department of Education (DepEd). The three-phase project is estimated to cost P10.5 billion initially and the government intends to pay for the infrastructure construction over 10 years using staggered appropriations from the national government.]]></description>
		<link>http://business.inquirer.net/45905/ppp-schools-project-attracts-15-firms</link>
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		<title>Surging crude oil prices worry BSP</title>
		<description><![CDATA[The latest spike in oil price resulting from the standoff between Europe and oil-producer Iran has caught the attention of the Bangko Sentral ng Pilipinas, which acknowledged that the Dubai crude price has breached its assumption for the year.]]></description>
		<link>http://business.inquirer.net/45901/surging-crude-oil-prices-worry-bsp</link>
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		<title>Philippines to contribute $500M to IMF facility</title>
		<description><![CDATA[The Philippines has pledged to contribute $500 million to the International Monetary Fund’s latest lending facility aimed at addressing crises such as volatility in the eurozone. ]]></description>
		<link>http://business.inquirer.net/45897/philippines-to-contribute-500m-to-imf-facility</link>
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		<title>PH international air travel sector grew in ’11</title>
		<description><![CDATA[The country’s international air travel sector grew by nearly a tenth in 2011, outpacing the growth of the global aviation sector, which suffered from economic crises and volatile fuel prices.]]></description>
		<link>http://business.inquirer.net/45893/ph-international-air-travel-sector-grew-in-%e2%80%9911</link>
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		<title>OFW remittances seen to grow 6% this year</title>
		<description><![CDATA[Metrobank expects remittances to the Philippines to grow by 6 percent this year despite the prolonged crisis in the eurozone, saying sustained demand for Filipino workers in other labor markets will boost the amount of money they send home.]]></description>
		<link>http://business.inquirer.net/45889/ofw-remittances-seen-to-grow-6-this-year</link>
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		<title>Cebu Pacific pursues expansion to Europe, Middle East</title>
		<description><![CDATA[Budget carrier Cebu Pacific has signed a lease for four Airbus A330 long-range aircraft, set to arrive starting late next year, as it prepares to extend its network to routes in Europe, United States and the Middle East. ]]></description>
		<link>http://business.inquirer.net/45885/cebu-pacific-pursues-expansion-to-europe-middle-east</link>
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		<title>NGCP eyes P36B power project</title>
		<description><![CDATA[The National Grid Corp. of the Philippines, operator of the national transmission network, is eyeing to undertake the P36-billion Cebu-Negros-Panay interconnection project to absorb the additional 420 megawatts in new capacity that will be installed in Panay by 2016.]]></description>
		<link>http://business.inquirer.net/45881/ngcp-eyes-p36b-power-project</link>
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