PAL will Build 2000 HA - Philippines largest Airport Near Manila

 Jean-Francois Laval, center, senior vice president for sales Asia of Airbus; Lucio Tan, left, chairman and CEO of Philippine Airlines, and Ramon S. Ang, president and COO of Philippine Airlines hold an Airbus A321 model aircraft in a news conference Tuesday Aug. 28, 2012, in Manila, Philippine Airlines...

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Philippine Economy Grow 6.1% first half 2012 outperforms Asian neighbors, but not China

Philippines is among the fastest-growing Asian economies for the first half of the year, so far topped only by China and Indonesia, the country's chief state economist claimed Thursday (August 30, 2012). Socioeconomic Planning Secretary Arsenio Balisacan said the announced gross domestic product (GDP) growth of 5.9 percent...

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Philippines, USA and ASEAN 5 day Naval WAR Drill kicked off August 29

USS Safeguard (ARS-50) is a Safeguard-class salvage ship, the second United States Navy ship of that name. Safeguard was laid down on 8 November 1982 by Peterson Builders, Sturgeon Bay, Wisconsin; launched on 12 November 1983; and commissioned on 17 August 1985. Photo from Wikimedia Navy units from the...

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54 Jets China Made Airbus of $7 Billion USD Ordered by Philippine Airlines

Philippine Airlines, the country's flag carrier, has ordered 54 jets from Airbus, company president Ramon Ang said on Tuesday. The airline has ordered 10 long-haul A330-300s, and 44 jets from the 321 family, with delivery starting in 2013, it said in a statement. EADS [EAD.PA  29.80     0.17  (+0.57%)]...

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SC 44 - Gas2Grid to drill 3 wells in Cebu for 50 million barrels oil

Australian firm Gas2Grid Ltd. is embarking on a three-well exploration drilling program starting September this year, to tap the potential oil and gas resources in Cebu.  In a regulatory filing, Gas2Grid reported that the new wells, which would be drilled within areas covered by Service Contract 44, would...

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Philippines Defeated Mighty Americans in Jones Cup – Crowned

Members of Smart Gilas II whoop it up after securing a thrilling come-from-behind victory over the United States, 76-75, to capture the 34th Jones Cup crown in Taiwan yesterday. PHOTO COURTESY OF YU CHIH-SHENG OF APPLE DAILY  The Smart Gilas Pilipinas National team defeated a taller American squad...

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Philippines plan to phase out domestic workers (DH) overseas

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Filipino domestic workers seeking refuge from abusive employers sit in the basement of their embassy's shelter in Amman, Jordan on October 6, 2008. Photo: Nader Daoud/AP The Philippines government is developing a plan to stop sending domestic workers overseas in five years, according to a Manila newspaper. The phase-out...

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EU Cargotec Crane maker seen Growth Business in the Philippines

EUROPEAN crane maker Cargotec, which partnered with local automotive body builder Centro Manufacturing, expects brisk business in the Philippines, with developments in mining, construction, infrastructure and agriculture expected to kick up its sales. "We have seen the positive economic indicators and we have reason to be optimistic that...

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Basketball Smart Gilas Pilipinas Conquered Chinese Taipei Hailed

MARCUS Douthit (right) and Sol Mercado will play pivotal roles when Smart Gilas plays the US today. PBA.COM TAIWAN– Philippine Basketball' Smart Gilas conquered Chinese Taipei in its home floor in a follow-up to its upset of Iran the last night, assuring itself of a tie at the...

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Philippine Ambassador to China, North Korea & Mongolia suffers stroke

Ambassador Sonya Brady for China, Mongolia and North KoreaPhilippine Ambassador to China,  North Korea & Mongolia Sonia Brady suffered a stroke in Beijing this week."Ambassador Brady suffered a stroke and is hospitalized where her condition is being monitored closely," Foreign Secretary Albert del Rosario confirmed Brady's condition in a text...

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U.S. Missile Shield Plan in Japan-Philippines Seen Stoking China Fears

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The U.S. decision to expand its missile-defense shield in the Asia-Pacific region, ostensibly to defend against North Korea, could feed Chinese fears about containment by the U.S. and encourage Beijing to accelerate its own missile program, analysts say. The new effort, which includes the deployment of an early-warning...

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Philippine Investment Grade Credit Rating is on the Air

  Finance Secretary Cesar V. Purisima and National Treasurer Roberto B. Tan led the Philippine delegation in meeting with banks and investor groups in Singapore on Aug. 21 and 22, the Investor Relations Office (IRO) said in a statement on Friday. Also in the team were Bangko Sentral...

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