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Govt to reduce growth target amid worsening global slump
THE government will reduce its growth forecast slightly for this year as a result of the worsening economic slump worldwide, Economic Planning Secretary Ralph Recto said yesterday.
MIAA earmarks P3b to build Panglao airport
THE Manila International Airport Authority yesterday said it will invest P3 billion to build the Panglao International Airport in Bohol province.
6,000 pigs on Bulacan farm ordered culled
Manila sets aside $3.5b for regional swap fund
Mickey?s owner attempts suicide
Officials cautioned on treaty
Head of Legacy Group wants a second chance
Australia to reduce immigrants
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Oscar glamor. British actress Kate Winslet, center, is congratulated by Sophia Loren, left, Nicole Kidman, and Shirley MacLaine after winning the Oscar for best actress for her work in The Reader. AP |
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Govt borrowing more in ?09
By Lawrence Agcaoili
The Philippines will increase foreign and local borrowings to finance a higher budget deficit this year, Finance officials said yesterday.
BSP plans to roll over some loans
By Eileen A. Mencias
The Bangko Sentral will roll over some foreign loans, especially the $500-million short-term credit it tapped from the Bank for International Settlements and a $600-million gold-backed facility, to conserve foreign reserves, a senior monetary official told reporters.
Treasury rejects bids for 91- and 364-day bills
The Bureau of Treasury rejected all bids for 91- and 364-day treasury bills after banks demanded higher yields in anticipation of a wider-than- expected budget deficit this year.
P700-m Samar, Antique power lines up
By Alena Mae S. Flores
The Energy Regulatory Commission approved two transmission line projects of National Grid Corp. of the Philippines (formerly National Transmission Corp.) worth over P700 million to address increased power demand in Samar island and Antique province.
Air transport group settles $1.3b worth of RP deals
The International Air Transport Association yesterday said it settled $1.3 billion worth of transactions between airlines and travel agencies in the Philippines last year. No comparative figure was provided for 2007.
TV addict
 EVEN though I usually don?t have the time, I have to admit that I?m a couch potato at heart. Give me a good TV show?CSI, House, Dexter, The Daily Show and The Colbert Report, to name just a few?and I?ll happily drop what I?m doing and vegetate.
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Experts and dummies
Even the rich are now feeling the pinch of the global financial meltdown.
Go to Ayala?s Serendra at the Fort and at Ayala?s pricey Greenbelt eateries and notice there are now less and less people eating. But, take a look at the popular food chains,and notice the difference. Jollibee, Chowking, McDonald?s, KFC and others are still crowded.
Booming online shopping in Asia
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