Cuba issues new banknotes.
Cuba's Central Bank has announced it will issue a new series of convertible peso banknotes to combat increasing attempts to counterfeit the notes. The new series will be printed in 1, 3, 5, 10, 20, 50 and 100-peso denominations. This new 2006 series will contain...

Economic development in Sudan talk prepared for American friends of the Episcopal Church of Sudan conference first Episcopal Church San Jose, CA February 17, 2006.
Abstract This paper summarizes five key concerns of the likely pattern of economic development in Sudan for the coming decade. The benefits of an oil economy to the marginalized, and especially women, are likely to be minimal or even negative. Rapid development, even egalitarian development in terms...

NBI told to rid city of 'fly-by-night' money changers.
CEBU CITY -- A Cebu City lawmaker, worried about counterfeit dollar bills circulating in Cebu during the Association of Southeast Asean Nations (ASEAN) Summit, has urged the National Bureau of Investigation (NBI) to rid the city of "fly-by-night" money changers before the event. Councilor Edgardo Labella also...

SPV Law extension recommended.
Byline: FIL C. SIONIL The disposition of banks non-performing assets (NPAs), either through the special purpose vehicle (SPV) or public/retail auctions, may grind to a halt with the non-extension of the tax exempt privileges in the Republic Act 9182. Thus, extension of the law is needed. ...

PSE taps gov't regulatory agencies in drive to induce more firms to list.
Byline: JAMES A. LOYOLA The Philippine Stock Exchange (PSE) is seeking to sign memorandum of agreements with various regulatory agencies overseeing firm that are required by law or their franchises to undertake a public offering of their shares. PSE president Francis Lim said in a...

Japanese industrial output sags.
TOKYO, Oct. 30 (AFP) -- Japanese industrial output flagged in September, the government said Monday, reinforcing the view that economic growth has peaked and dampening expectations of a near-term interest rate rise. Industrial production fell 0.7 percent from August mainly on weaker demand for cars, auto parts...

RP's 'biggest housing fair' on in Makati.
More than 1,000 government employees trooped to the Glorietta in Makati City yesterday to participate in the country's biggest housing fair organized by the Housing and Urban Development Coordinating Council (HUDCC). Accompanied by Vice President and HUDCC Chairman Noli de Castro, President Arroyo led the opening ceremonies...

DoF undecided on ratio of ODA and comm'l loans.
Byline: FIL C. SIONIL Finance Secretary Margarito Teves said he was still uncertain that there will be changes in the borrowing mix of the national government for the coming, citing the time longer timetable consumed in negotiating for official development assistance (ODA) versus the swiftness in tapping...

Bangko Sentral, RCBC dismiss text rumors.
Rizal Commercial Banking Corporation (RCBC) president and chief operating officer Francisco S. Magsajo yesterday denied reports that some of its branches are experiencing unusual withdrawals. The bank official issued the statement in reaction to rumors being circulated via text messaging that RCBC is having financial problems due...

LETTERS AND DEBATE.
FRANK STILWELL FALLING DOLLAR: RISING ANXIETY The substantial fall in the value of the Australian dollar has important implications. For most of us it may seem remote from our everyday lives. Only those who are speculating in international currency markets or considering overseas holidays are...