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Friday, January 25, 2008 |
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Pinoy investors optimistic |
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Filipinos think the local economy will improve
despite recession fears
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The majority of Filipino investors are
optimistic the economy will improve despite a US recession, but they
suggest turning away from investing in stocks, bonds and other
fixed-interest securities, a survey reported.
In its Investor Sentiment Index released on
Wednesday, ING Barrings said 59 percent of the Filipino respondents
expressed confidence that the local economy will continue to improve
in the next three months, while 29 percent said they do not expect
any change. Only 12 percent of the respondents believed the economy
will deteriorate.
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O T H E R R E P O R T S
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OFWs in healthcare, construction
safe from US economy slowdown
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FILIPINOS in the health-care sector and
construction industry in the United States are least likely to be
affected by a recession there, a top official from the International
Labor organization said Thursday.
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Villar favors scrapping VAT on power
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Senate President Manuel Villar Jr. expressed his
qualified support for the exemption of power service from the
12-percent value-added tax (VAT).
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Saudi prince assures RP govt
they respect rights of women
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RIYADH, Saudi Arabia: Authorities here now
recognizes more women’s rights, an official from the conservative
government said.
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Americans have ‘no permanent enemies’
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DAVOS, Switzerland: The United States believes there are no
permanent enemies so it is possible for it to have better relations
with countries such as Iran and North Korea, American Secretary of
State Condoleezza Rice said in a speech Wednesday.
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Govt says politics for 2010 wannabes
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The Arroyo administration will stay away from politics and instead
focus on addressing the needs of the people, not on gearing up for
the 2010 presidential elections.
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FEATURE
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Fight with spouse may keep
doctors away–new study
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CHICAGO: A good fight with your spouse could be good for the health,
a new study has found.
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