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The coming of world-class gaming facilities sets the stage for fierce marketing battles for customers

And so the game begins.

With the opening of the country’s first high-end casino-resort last March, the Philippines is set to be one of the top gaming hubs in Asia. The billion-dollar industry is expected to contribute largely in attracting 10 million tourists a year by 2016,

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LEGAZPI CITY: Two persons were killed and 13 others went missing while 4 passengers were rescued after the MV Lady of Mount Carmel sank in the waters off Masbate on Friday before dawn.

The casualties were identified as Carlota Zena, 59, of Baleno town and Erlinda Julbitado, both from Masbate province.

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MANILA: Fishermen and rescue workers hauled dozens of people out of the ocean after a ferry sank in the central Philippines on Friday, but at least two passengers drowned, authorities said.

In the latest disaster to hit the nation’s notoriously dangerous sea transport industry, the ferry mysteriously sank in calm weather before dawn about two kilometres (1.2 miles) from Burias island.

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MANILA: At least one person died and more than 20 others were missing after a ferry sank in the central Philippines on Friday, authorities said.

A navy plane, coastguard boats and local fishermen were deployed to the waters about two kilometres (1.2 miles) from Burias island, where the ferry sank before dawn, to search for the survivors.

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MANILA: Thirty-seven people remain missing after a ferry sank in the central Philippines on Friday, the coastguard said. Of the 57 onboard, 20 have been rescued from the MV Lady of Mount Carmel ferry after it went down near the central island of Burias, coastguard operations officer Ensign Criselda Boroais…

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Justice Secretary Leila de Lima has confirmed that the National Bureau of Investigation (NBI) has recommended the filing of charges against Philippine Coast Guard men who shot and killed a Taiwanese fisherman in the seas of Northern Luzon last month.

But she’s not telling exactly what those charges are, saying it’s up to President Benigno Aquino 3rd to make the revelation.

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The Philippine benchmark stock index crashed to 6,200 points at noon Thursday, falling almost 5 percent after the Independence Day break.

Last Tuesday, the Philippine stock exchange index (PSEi) was down by almost 5 percent—its biggest drop this year.

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President Benigno Aquino 3rd on Wednesday said he has no plans of giving up any part of the country that is being claimed by other states but rejected war as an option in settling disputes.

Delivering his Independence Day speech at Liwasang Bonifacio in Manila in Filipino, the President said, “We need to weigh our decisions carefully when it comes to these matters.

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The country’s employment situation worsened despite the astounding 7.8 percent growth in the first quarter, according to the preliminary results of the Labor Force Survey (LFS) of the National Statistics Office (NSO).

The NSO said the unemployment rate rose to 7.5 percent in April, the highest in three years.

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SEVERAL lawmakers on Monday agreed with the observations of political analysts that the administration coalition could splinter by 2014.

Former Senate majority leader Vicente Sotto 3rd said the coalition must address the distribution of Senate committees, considering that the Nacionalista Party (NP) outnumbers the Liberal Party (LP) in the chamber.

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