Barclays ups Philippines growth estimates

Asia News Network - Monday 20th May, 2013

Barclays has raised its 2013 growth forecast for the Philippines as it expects the economy to post one of the fastest growth rates among emerging markets in Asia. In one of its latest reports, Barclays said the Philippines was now seen to grow by 6.2 per cent this year and 6.3 per cent in 2014. The international financial services firm earlier projected that the Philippine economy would grow ...

Manila Taipei agree on cooperative probe

Asia News Network - Monday 20th May, 2013

The Philippines and Taiwan on Monday agreed on a cooperative investigation into the fatal shooting of a Taiwanese fisherman by Filipino Coast Guards, which had led to fresh cross-channel tensions and harassment of Filipino workers in Taiwan. Justice Secretary Leila de Lima told reporters that the cooperation, agreed on during a meeting between National Bureau of Investigation officials and ...

Philippine high school senior has 41 names

Middle East Times - Monday 20th May, 2013

A high school senior in the Philippines is drawing attention for his unusual name, which includes 40 first names and a surname. The latest senior to enroll at Urdaneta City National High School in Pangasinan is a 15-year-old student named Ratziel Timshel Ismail Zerubbabel Zabud Zimry Pike Blavatsky Philo Judaeus Polidorus Isurenus Morya Nylghara Rakoczy Kuthumi Krishnamurti Ashram Jerram Akasha ...

Saudi Arabia inks pact to protect Philippine maids

The China Post - Monday 20th May, 2013

MANILA--The Philippines said Monday it had signed a historic agreement with Saudi Arabia that would protect thousands of Filipina maids from being exploited in the Middle Eastern ...

Philippines Taiwan to cooperate in fisherman shooting investigation

The China Post - Monday 20th May, 2013

MANILA -- The Philippines said Monday that it would make "coordinated efforts" with Taiwan to look into the fatal shooting of a Taiwanese fisherman but stopped short of a joint ...

Philippines OKs parallel probe with Taiwan

ABS-CBN News - Monday 20th May, 2013

The Philippines agrees to hold parallel investigations with Taiwan on the killing of a Taiwanese fisherman near Batanes. Both sides are now cooperating with each other, but the Justice Department clarifies that Taiwan will not interfere with the Philippine probe. - The World Tonight, ANC, May 20, 2013 For more on ANC's The World Tonight, go ...

Manila may evacuate its workers based in Taiwan

Global Times - Monday 20th May, 2013

The Philippines is ready to evacuate Filipinos working in Taiwan in case tensions further escalate between Taipei and Manila, according to media reports Monday.Amadeo Perez, chairman of the Manila Economic and Cultural Office (MECO) that handles affairs related to Taiwan, said a task force has been created to address the killing of a Taiwanese fisherman two weeks ago by the Philippine coast ...

Philippines Jan-Apr balance of payments posts USD1.8b surplus CB

MENAFN - Monday 20th May, 2013

(MENAFN) The Philippines central bank said that during the January-April period, the country's balance of payments (BOP) recorded a surplus of USD1.8 billion, reported Xinhua News.Bangko Sentral ng Pilipinas (BSP) said that the figure exceeds half of the USD3-billion forecast for the current year.In April alone, the BOP surplus reached USD274 million, up from a deficit of USD74 million ...

Philippine strategies make it overconfident in confronting China

Global Times - Monday 20th May, 2013

Tensions over the recent killing of a Taiwanese fisherman by the Philippine coast guard are still going on. Looking through the history of the Philippines confronting China on maritime disputes, we find that the Phillipines has always held an unscrupulous and reckless attitude. For example, the naval face-off at Huangyan Island last year was triggered by Philippine navy which had attempted to ...

Miss Philippines Earth winners talk environment

ABS-CBN News - Monday 20th May, 2013

From 47 hopefuls who went through grueling finals, five environmental ambassadors were crowned Sunday night in the search for Miss Philippines Earth 2013. A day after the pageant, this year's winners explain how they plan to help protect the Earth. ...

Binay urges Taiwan to protect Filipino workers

Inquirer Global Nation - Monday 20th May, 2013

Vice President Jejomar Binay. INQUIRER FILE PHOTO MANILA, Philippines -- Vice President Jejomar Binay has called on Taiwan to assure the protection of overseas Filipino workers (OFWs) there amid reports of attacks against Philippine nationals, an apparent backlash following the shooting of a Taiwanese fisherman earlier this month. In a letter to Taiwan’s de facto embassy in Manila, Binay ...

Universal takes charge on Philippine payout at heart of FBI probe

West Australian - Monday 20th May, 2013

Reuters © The logo of the Universal Entertainment Corp. is seen at the company's headquarters in Tokyo February 14, 2013. REUTERS/Yuya ...

Philippine Stock Market Table May 20 2013

Inquirer Business - Monday 20th May, 2013

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here. Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' ...

Lawyer detained for death of transportation barker in Manila

Inquirer - Monday 20th May, 2013

MANILA, Philippines — A lawyer was detained at the Manila Police District homicide section allegedly for inadvertently killing a barker who had blocked his daughters’ way. Augusto Marte, 67, of Extramadura Street, Sampaloc, hit Joselito Macario, 51, resident of Loyola Street, with a steel pipe around 5:30 p.m. Sunday, according to a police report. Investigation showed that ...

Taipei-Manila row Where is it heading

Asia News Network - Monday 20th May, 2013

The escalating dispute between Taiwan and the Philippines in the South China Sea may have set a dangerous precedent for future spats, say observers. If the row drags on, it could ...

Storm Nock-Ten claims over 400000 USD worth of Philippine crops

People's Daily - Monday 20th May, 2013

Tropical storm Nock-Ten (local name: Juaning) damaged 17.17 million pesos (about 407,664 U.S. dollars) worth of Philippine crops, according to initial report filed Thursday by the agriculture department.Nock-Ten, which triggered flash floods, destroyed 2,977 hectares of farmland planted with rice, damaging 10.83 million pesos (257,183 U.S. dollars) worth of unmilled rice.A total of 612 metric ...

Seven soldiers killed in southern Philippine clash

People's Daily - Monday 20th May, 2013

Seven government soldiers were killed in a clash between Philippine troops and the Al-Qaeda-linked Abu Sayyaf group in the southern Philippine province of Sulu on Thursday.According to Lt. Col. Randolph Cabangbang, spokesman for the Armed Forces' Western Mindanao Command, the encounter between the 11th Marine Battalion Landing Team and Abu Sayyaf under Raidula Sahiron and Isnilon Hapilon, ...

One killed as light plane crashes in southern Philippines

People's Daily - Monday 20th May, 2013

One person was killed and another injured when a light plane used for spraying pesticide over plantations crashed in southern Philippines late on Wednesday, police said on Thursday.Bonifacio Cabansag, 42, a traffic control personnel for banana firm Dole Philippines died after being hit by the company's spray aircraft as it landed on an airstrip in Mapawa village, Maragusan town, in ...

Philippine c.bank further limits access to special deposit accounts

Reuters - Monday 20th May, 2013

MANILA | Mon May 20, 2013 2:58am EDT MANILA May 20 (Reuters) - The Philippine central bank has narrowed banks' access to short-term special deposit accounts (SDAs), the latest in a series of moves to tweak a liquidity facility that has attracted a high volume of funds and contributed to financial strains on the monetary authority. Policymakers have lowered the SDA rate three times ...

More protests against Philippines fatal shooting

The Standard - Monday 20th May, 2013

(11 mins ago) Around 50 people from several groups have staged a protest outside the Philippines' Consulate-General in Admiralty over the killing of a Taiwanese fisherman in disputed waters last week. They demanded an apology and compensation from Manila over what they described as a "cold-blooded murder" of the fisherman, RTHK reports. One of the protesters Chau Pik-fai, said ...

Philippines coast guard defensive over killing

Middle East Times - Monday 20th May, 2013

An investigation into the killing by the Philippines coast guard of a Taiwanese fisherman is focusing on whether rules of engagement were broken. A report by The Philippine Star newspaper cited an unnamed official close to the Philippine government's investigation as saying coast guard personnel appeared to be on the defensive and they may have violated rules. That is what the ...

Manila in Pacific Rim main trailer

ABS-CBN News - Monday 20th May, 2013

MANILA, Philippines -- Manila once again gets special mention, this time in the main trailer of Warner Bros. Pictures and Legendary Pictures' "Pacific Rim." As narrated in the trailer, Manila is the second city to be attacked by alien-like sea monsters originating in the Pacific Ocean. Scenes pertaining to the Manila attack are also featured, which are expected to create a ...