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Aquino told: Why not ‘globalize’ peso?


PARIS—With the Philippine economy rising, why not “globalize” the peso? President Benigno Aquino III said he got this “shocking” suggestion from an international banker he met in one of his business meetings here. Breaking the news before a gathering of Filipinos Wednesday night (1:30 a.m. Thursday in Manila), the President said he asked Finance Secretary […]

Posted: September 18th, 2014 in Uncategorized | Read More »

Tuna industry won’t grow due to int’l fishing rule – mayor


The tuna industry will not experience significant growth in the next years due to restrictions imposed by foreign countries on fishing in international waters, according to city Mayor Ronnel Rivera.

Posted: September 8th, 2014 in Latest News Stories,Regions | Read More »

Drilon links drag in gov’t spending to SC’s DAP ruling

Senate President Franklin Drilon. INQUIRER FILE PHOTO

While commending the country’s economic growth in the second quarter of the year, Senate President Franklin Drilon warned that a “sharp drop” in government spending, if not addressed immediately, could pull down overall growth and make the full-year 6.5% to 7% growth “unattainable.”

Posted: August 28th, 2014 in Latest News Stories,Nation | Read More »

Australia tycoon apologizes for calling Chinese gov’t ‘mongrels’

clive palmer

Australian tycoon Clive Palmer on Tuesday apologized for calling the Chinese government “mongrels” who “shoot their own people” after a fierce backlash from Beijing and politicians in Canberra.

Posted: August 27th, 2014 in Featured Gallery,Latest News Stories,Photos & Videos,World | Read More »

Abad: LP should meet with Aquino to get clear stand on Charter change

Florencio ''Butch'' Abad 2

Given that President Benigno Aquino III has expressed openness to Charter change, lawmakers could convince him to take a look at lifting the restrictive economic provisions in the 1987 Constitution, Budget Secretary Florencio Abad said Wednesday.

Posted: August 20th, 2014 in Latest News Stories,Nation,Uncategorized | Read More »