the Philippines unveil 72 billion-peso ($1.7 billion) Stimulus Package

Asian policy makers are bolstering efforts to protect their economies from weakening global growth, as Indonesia unexpectedly cut interest rates and the Philippines unveiled a stimulus plan.Bank Indonesia lowered its reference rate by a quarter of a percentage point to 6.5 percent yesterday, defying the predictions of all...

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Singapore seen - Philippines economy will double by 2020

The Philippine economy may grow 80 percent larger within nine years as anti-corruption efforts build momentum and translate into greater foreign direct investment inflows, according to DBS Group.In a research titled "Asia 2020," the Singapore-based financial service group said that over the coming decade, economic growth will be...

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Hainan China Mounted Nuclear Weapon Facing Manila

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When China’s largest offshore petroleum producer launched a $1 billion oil rig this summer from Shanghai, Lt. Gen. Juancho Sabban, the commander of Philippine military forces commented that China of 1,500 miles away in the South China Sea, began preparing for trouble.The drilling platform, said China, would soon...

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The Philippines Offers the Best Value Investing

Philippines Mining Boom The Philippines will attract $18 billion in mining investments over the next five years as global commodity prices soar.Mining output had already spiked 31 percent year on year in the six months to June to P63.92 billion ($1.48 billion), according to Environment and Natural Resources...

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