Jul
02

Philippines – (AFX UK Focus) 2009-07-02 11:03 UPDATE 1-Philippine c.bank chief signals rate cut next week (Interactive Investor)

(AFX UK Focus) 2009-07-02 11:03 UPDATE 1-Philippine c.bank chief signals rate cut next week (Interactive Investor)
MANILA, July 2 (Reuters) – The Philippine central bank reinforced investor expectations of another interest rate cut next week after Governor Amando Tetangco said the there was room for lower rates given subdued inflation risks. “In the Philippines, as in most jurisdictions, inflation risks are subdued and inflation expectations are well-anchored. These give the BSP (central bank) flexibility at …

WAYWARD AND FANCIFUL:Vanguard of the the future AFP, By Gail Ilagan (Minda News)
DAVAO CITY (MindaNews/02 July) — On 29 June 2009 at 3pm, I finally caught up with Lieutenant General Raymundo B. Ferrer at his office at the Eastern Mindanao Command at Camp Panacan. While we re not totally unknown to each other, this was the first time for me to interview him.

Filipino rebels claim killing hundreds of troops (AP via Yahoo! News)
Muslim rebels in the southern Philippines said Thursday they have killed more than 500 government troops in 10 months of fighting since the collapse of peace talks, a claim the military dismissed as propaganda.

Philippine miner halts nickel project on weak prices (Reuters via Yahoo! Asia News)
MANILA, July 2 (Reuters) – The Philippines’ Semirara Mining Corp said on Thursday its 50-percent-held unit has suspended operations at a nickel project north of the capital due to low prices of the metal.

Philippine swine flu cases more than double in a week (Yehey!)
Manila, July 1, 2009 (AFP) – The number of swine flu cases in the Philippines has more than doubled to 1,709 in just a week, the health department said Wednesday.

Arroyo-Obama meeting seen by yearend Kenney (Philippine Daily Inquirer)
President Gloria Macapagal-Arroyo and United States President Barack Obama are expected to have a one-on-one meeting in Washington before the end of the year, US Ambassador to the Philippines Kristie Kenney said on Thursday.

DILG eyed to play vital role vs rebels (The Freeman)
The Alliance for Nationalism and Democracy (ANAD) wanted the Department of Interior and Local Government (DILG) to play a principal role in the country s campaign against insurgency and terrorism.

Islamic militants claim killing hundreds of troops (2:58 p.m.) (Sun Star)
MANILA — Muslim rebels in the southern Philippines said Thursday they have killed more than 500 government troops in 10 months of fighting since the collapse of peace talks, a read more