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Wednesday, May 07, 2008 |
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Inflation hits 3-year high
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Tetangco: Prices soon to revert to steady levels
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Prices of goods and services in April rose at
their fastest pace in three years on costlier food and electricity,
the government reported on Tuesday.
The National Statistics Office said inflation
rate rose 8.3 percent in April from 6.4 percent in March.
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O T H E R R E P O R T S
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Miriam backs state control of Meralco
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Sen. Miriam Defensor Santiago, the chairman of
the joint oversight committee Power Commission, on Tuesday said
Congress is compelled by law to back government control of Meralco
should it result in cheaper power costs.
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Oil breaches $120, a new record-high
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Crude oil reached a new record high price of $120.93 a barrel on
Tuesday as concerns resurfaced over tight supplies and a struggling
US currency, analysts said.
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Look to Pakistan for cheaper
medicines–ambassador
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KARACHI, Pakistan: The Philippines should look
at Pakistan as a source of affordable medicines, an envoy told The
Manila Times.
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Govt finds new ways to import rice
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THE government will seek new ways to buy rice
amid tightening world supply after its May 5 tender for the grain
failed, Agriculture Secretary Arthur Yap said on Tuesday.
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Esperon out, Yano in as AFP chief
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The Philippine government on Tuesday announced appointments to top
military posts, following the expected retirement of the Armed
Forces chief, Gen. Hermogenes Esperon Jr.
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Gems of History
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Fujian native: ‘Father of Philippine
Science’
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The “Father of Philippine Science” is
Chinese. Born in China, raised in the Philippines, and a medical
practitioner in the United States, Frank Co Tui was honored with
this accolade by a Filipino statesman in 1962.
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