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Wednesday, October 15, 2008 |
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Remittances to grow 15% |
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BSP forecasts P16.6B coursed through banks
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Remittances from overseas Filipino workers (OFWs) are expected to
post a moderate growth in 2008 despite a global economic slowdown,
according to the Bangko Sentral ng Pilipinas.
Nestor Espenilla Jr., the central bank’s
deputy governor, said Tuesday the remittances coursed through banks
are expected to grow by 15 percent this year to $16.6 billion.
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O T H E R R E P O R T S
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US GOVT TO BUY BANK SHARES WORTH $250B
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WASHINGTON, D.C.: The US government will spend up to $250 billion to
buy shares in struggling banks in the latest effort to stem a global
financial crisis, Treasury Secretary Henry Paulson said Tuesday.
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Even during crisis, beauty goods sell
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Even amid a global economic meltdown, many Filipinos still want to
look good, as sales of cosmetics and beauty products in the country
are rosy this year, some sellers told The Manila Times.
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Homeland domain deal‘unconstitutional’ –
SC
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A peace agreement giving Muslim separatists in southern Philippines
control over an expanded autonomous region was illegal, the Supreme
Court ruled on Tuesday.
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Erap against impeach case against President
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President Gloria Arroyo, who is facing her fourth impeachment case,
received a boost from an unlikely source—former President Joseph
Estrada, who said Tuesday that addressing the economy should take
precedence over politics.
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McCain vows final push versus Obama
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WILMINGTON, North Carolina: In a career littered with comebacks,
Republican John McCain is now vowing one more Herculean effort to
overhaul Barack Obama’s commanding poll lead and restore his White
House dream.
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SPECIAL
REPORT
:REPRODUCTIVE HEALTH AND POPULATION DEV’T ACT
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Rising populationmay face scarcity
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LESS food on the table awaits the nation as the number of Filipinos
double in the next 30 years – from 90 million now to 180 million.
That’s why the Reproductive Health and Population Development Act
must be passed.
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Makati police launch first explosive disposal robot
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Policemen may know that they signed up for danger when they
joined the force, but that doesn’t mean they are resigned to
constant threats to their lives.
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