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Friday, June 06, 2008 |
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Inflation hits
record 9.6% |
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Nine-year high caused by soaring food, fuel prices |
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By Darwin G. Amojelar,
Reporter
Soaring food and fuel prices
caused the inflation rate to surge to a nine-year high in May, the
National Statistics Office reported Thursday.
The record inflation rate sent
Philippine share prices closing at 1.97 percent lower, stoking
expectations of a hike in interest rates, dealers said.
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O T H E R R E P O R T S
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Nograles vows
approval of CARP bill
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Speaker Prospero Nograles Jr.
assured on Thursday that the House of Representatives will approve a
bill extending the Comprehensive Agrarian Reform Program (CARP) for
another five years...
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Despite high
inflation, investments grew 54%
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AMID gloomy picture of rising
inflation in the country, investments in the first four months of
the year outgrew by more than half those that came in during the
same period in 2007,..
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In Taal Lake,
communities struggle to stave off disaster
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TALISAY and SAN NICOLAS, BATANGAS:
Being officially designated as a protected area failed to save Taal
Lake from environmental degradation, and now some are saying even
Environment Secretary Joselito ‘Lito’ Atienza’s defiant “no
fish cages” stance for the lake will have the same result.
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FEATURE
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Lacson falls
victim to Yano’s security aides
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The convoy of the Armed Forces
chief, Lt. Gen. Alexander Yano, waved aside the car of Sen. Panfilo
Lacson in a rush to attend Yano’s confirmation hearing by the
Commission on Appointments.
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5 state scholars
throw book at jobs abroad
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They will rather stick it out
here than go abroad for high paying- jobs there.
Five top graduates of Pangasinan State University in Lingayen have
made that decision, expressing their desire to teach in public
schools.
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GEMS OF HISTORY
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Early Chinese
books in RP
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Editor’s note: The Sixth Dr.
Jose P. Rizal Awards for Excellence awarding ceremony will be held
at 2 p.m., June 14, at the Kaisa-Angelo King Heritage Center on Anda
and Cabildo streets, Intramuros, Manila.
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SPECIAL REPORT: DOST’S GOLDEN JUBILEE
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DOST names 50 top
Pinoys of science
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41. JUAN S. SALCEDO
National Science Development Board chairman from 1963 to 1970, Dr.
Salcedo was a medical doctor and had several public service
responsibilities before his appointment to the board.
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