Controversial ₱700-million Iloilo Convention Center opens for APEC Summit

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PNoy opens Iloilo Convention CenterMANILA, Philippines - President Benigno Aquino III led on Monday the inauguration of the controversial ₱700-million Iloilo Convention Center (ICC).Aquino opened the state-of-the-art convention facility located on a 1.7-hectare lot in Iloilo Business Park, Mandurriao, Iloilo City.The ICC became controversial last year after former...

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The Philippines and KR big winners from China's slowdown but Fearing Investors for MARCOS Jr bid for 2016 Presidency

The Philippines and South Korea are the big winners from China's slowdownHow panicked were investors last week about China's stock market plunge? Enough to treat the Korean peninsula, a place that was teetering on the brink of war, as a safe haven.Even as policy makers braced for renewed...

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Philippines preparing Billion Dollars fund for Acquisition of NEW Submarine, Missiles, Ships, radars for AFP Upgrade

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Kilo Class Diesel Submarine. Del Rosario said that between 2018 and 2023 the Philippines would buy electric-diesel submarines ($200 - $500 Million USD per unit)and advanced missile systems.PH ramps up military spending in face of China threatMANILA - The Philippines plans to ramp up military spending over the...

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Lt. Gen. Iriberri is new Armed Forces of the Philippines chief; Facing Graft charges for ₱97.7 million Php Contract

In his speech during the change of command ceremony at Camp Aguinaldo, Lt. Gen. Hernando Iriberri said he will pursue a "straight and true" path. - image:CNN PhilippinesLt. Gen. Iriberri is new AFP chiefMetro Manila (CNN Philippines) — Lt. Gen. Hernando Iriberri is the new chief of the...

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China stock loses $3.2 trillion US Dollars in weeks; Suicide rumor -Economy facing trouble

A stock investor looks up in a brokerage house in Shanghai. Chinese authorities have launched frantic efforts to shore up plunging stock prices following another 5.7 per cent decline in the country's main market index on Friday. Source: APChinese chaos worse than Greece: Chinese stock market loses $3.2 trillion, authorities...

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Mayor Duterte got 34% Approval Rating for Philippine Presidential race in 2016

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Davao City Mayor Rodrigo Duterte. Pic: APSouthern Philippines Mayor Duterte emerges as presidential prospectIf the presidential elections were to be held solely in the island of Mindanao in the Philippines, Davao City’s Mayor Rodrigo Duterte would be the runaway winner.According to the Pulse Asia survey, Duterte will win...