IMF: Philippines can survive global economic crisis

Multilateral lender International Monetary Fund (IMF) believes the Philippines has the capability to survive the impact of the fragile economic growth in advanced economies led by the US as well as the sovereign debt crisis in Europe. IMF deputy managing director Naoyuki Shinohara said in an interview with...

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₱1.8 Billion – PNOC to be spent exploring for oil in southwest Palawan in 2012

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₱1.8 Billion – PNOC to be spent exploring for oil in southwest Palawan in 2012The joint venture operating Service Contract 63 off southwest Palawan plans to spend roughly ₱1.8 billion to drill an exploration well by the middle of 2012.In a briefing on Tuesday (November 8, 2011), the PNOC...

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