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Aquino: Economy to lose P23.3B due to brownouts

By
Benigno Aquino III

President Aquino on Wednesday warned that the economy could lose up to P23.3 billion in the event of daily five-hour brownouts for three months next summer.

Posted: October 23rd, 2014 in Latest News Stories,Nation | Read More »

Palace admits Filipinos’ high expectations on inflation, jobs

By
Communications Secretary Herminio Coloma.  INQUIRER FILE PHOTO

While nearly half of Filipinos remain optimistic that corruption in the government can be minimized, Malacañang on Thursday admitted that solving economic problems is still a work in progress.

Posted: October 9th, 2014 in Latest News Stories,Nation | Read More »

Hong Kong, the golden goose Beijing cannot sacrifice

Stickers with messages of support are seen on a wall in the occupied areas surrounding the government complex in Hong Kong Wednesday, Oct. 8, 2014. Crowds of protesters who filled Hong Kong's streets with demands for more democracy thinned dramatically Tuesday after student leaders and the government agreed to hold talks in the increasingly frustrated city. (AP Photo/Vincent Yu)

Hong Kong’s democracy protests have stoked fears of retribution from China, but observers say the city is simply too valuable to punish and sideline, even as it faces a long-term challenge from mainland rival Shanghai.

Posted: October 8th, 2014 in Featured Gallery,Latest News Stories,Photos & Videos,World | Read More »

Protests could hurt Hong Kong economy – World Bank

Protesters block the main street to the financial Central district, outside the government headquarters in Hong Kong, September 29, 2014. Hong Kong democracy protesters defied volleys of tear gas and police baton charges to stand firm in the centre of the global financial hub on Monday, one of the biggest political challenges for Beijing since the Tiananmen Square crackdown 25 years ago. China wagged its finger at the student protesters, and warned against any foreign interference as they massed again in business and tourist districts of the city in the late afternoon.  REUTERS/Carlos Barria (CHINA - Tags: CIVIL UNREST POLITICS)

Protests in Hong Kong could hurt the city’s economy – as well as China’s – but the impact will depend on how long the “uncertainty” lasts, the World Bank’s chief Asia economist said Monday.

Posted: October 6th, 2014 in Latest News Stories,World | Read More »

HK protests shut down shops, send stocks falling

A student protester sits at the entrance of the government complex where Hong Kong's Chief Executive Leung Chun-ying's office is located, Thursday, Oct. 2, 2014 in Hong Kong. Shops in Hong Kong have closed and the local stock market has plunged, but protesters are gambling that their agitation for greater democracy will pay off by preserving institutions that made this former British colony a profitable asset to China.  AP PHOTO/WONG MAYE-E

Shops in Hong Kong have closed and the local stock market has plunged, but protesters are gambling that their agitation for greater democracy will pay off by preserving institutions that made this former British colony a profitable asset to China.

Posted: October 3rd, 2014 in Latest News Stories,World | Read More »

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