Manila

ASEAN+3 exec meeting in Manila set on Thursday

MANILA, Nov. 19 (PNA) – Finance and monetary officials from the ASEAN+3 countries are set to have a special meeting in Manila Thursday to discuss, among others, measures that will lessen the impact of the global turmoil.

Qantas jets collide at Victorian airport

Two Qantas jumbo jets - including the plane involved in the Manila mid-air explosion last July - have collided while being towed at Avalon, near Melbourne. "Two 747s at our Avalon maintenance base have come into contact with...

Philippine stock index tumbles 3.4 percent

MANILA, Philippines (AP) - Philippine shares tumbled for a second straight session Tuesday as investors took their cue from losses in the U.S. and Asian markets. The Philippine Stock Exchange Index fell 66.40 points, or 3.4...

RPT-Philippines' Oct budget deficit at $180.1 mln

MANILA, Nov 18 (Reuters) - The Philippines said on Tuesday it had a budget deficit of 9.0 billion pesos ($180.1 million) in October as the government raised spending to counter the impact of the global financial crisis....

Manila's SM Prime hikes '09 capex 66 pct amid crisis

MANILA, Nov 18 (Reuters) - The Philippines' biggest mall developer, SM Prime Holdings, will boost capital spending 66 percent next year, the firm said on Tuesday, despite a global financial crisis that has sent developed...

Body of slain Japanese still unclaimed

MANILA, Philippines -- The body of a Japanese tourist found brutally murdered in his hotel room has remained unclaimed at a funeral parlor in downtown Manila weeks after the incident. Homicide section...

IMF: Statement of an IMF Staff Mission at the Conclusion of the 2008 Article IV Discussions with...

The following statement was issued today in Manila after the conclusion of an International Monetary Fund (IMF) staff mission to the Philippines for the 2008 Article IV Consultation: "An IMF mission visited Manila during...

Indie LPG dealers slash prices by P2/kg

By Ronnel Domingo Philippine Daily Inquirer MANILA, Philippines—The LPG Marketers Association slashed its prices, this time by P2 per kilogram or P22 per 11-kg cylinder of liquefied petroleum gas effective midnight Monday...

Manila sacks 10 for failing tax targets

Manila sacks 10 for failing tax targets MANILA, Philippines -- Manila will sack 10 government officials for failing to meet revenue collection targets, the government said. The officials will be fired for falling short of...

Go straight to aid, NGO groups--bishop

MANILA, Philippines -- If you are feeling charitable this Christmas, go directly to the legitimate charity institutions instead of helping kids on the street, a spokesman for the Catholic Bishops Conference of the Philippines...