Today's stock trade - March 22, 2007

TBGI

Volume 178,000 shares

low 2.10
high 2.12
close 2.10

PSEi up 87.85 points


BusinessMirror News Article
An article came out today and reported that the Interagency Investment Coordination Commitee (ICC) approved the Department of Education's PhP 26.48 billion Cyber Education project.

................."the Cyber Education project is a way of using distance education to promote equal access to high quality education, including those in rural remote communities" the ICC said............

The DOE will get the proceeds of a Chinese government soft loan of PhP 22.77 billion, with PhP 3.73 billion balance covered by the Philippines' counterpart contribution. It is also working out a grant component of as much as $1 million for education courseware and training.

The project is a 5 year program with satellite-based equipment, computers and digital accessories for 37,794 schools outside first- and second-class cities as well as 665 alternative learning system centers for out-of-school youths and adults.

reference: BusinessMirror frontpage - March 22,2007 "P26-B cyber ed scheme approved"



This could be a project which may and can make use of the expertise and proficiencies of the company Transpacific Broadband Group Int'l. Inc. (TBGI).