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DESPITE the
country’s officials conceding—like chef de mission Monico
Puentevella—the Filipinos continue to give it their all in
the 24th Southeast Asian Games. Emerson Segui, the men’s
individual-foil champion, flashes his form in team foil
where the Filipinos took the silver, while participants in
the 400-m freestyle finals plunge into the pool where RP
tanker Ryan Arabejo secured the bronze. -- NONIE
REYES |
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| HEADLINES |
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RP
living standards below Asia’s |
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GROWTH has
not put the individual Filipino on a par with regional
standards, a recently released Asian Development Bank (ADB)
study said. |
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One
more time: Psalm set for Transco bid |
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AFTER having
failed in several attempts to privatize the 25-year
concession of the National Transmission Corp. (Transco), the
government is again set to bid out the country’s power-lines
concession. |
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$1-B
commercial borrowings plan shelved |
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THE
government has abandoned plans to borrow as much as $1
billion from commercial creditors next year, saying the need
for it has significantly diminished given the forecast
surplus position of the national government. |
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FDIs
22% up at $1.9B in 1st 9 months |
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FOREIGN
direct investments (FDIs) continued to flow inward in the
first nine months, totaling $1.9 billion, or 22- percent
higher than a year ago, the Bangko Sentral ng Pilipinas (BSP)
said on Monday. |
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Remittance growth more like 15%: BSP |
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THE forecast
10-percent growth in the remittances of overseas Filipino
workers (OFWs) this year was seen higher on Monday to around
15 percent instead, the Bangko Sentral ng Pilipinas (BSP)
said. |
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MORE STORIES ... |
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SEN. LOREN
LEGARDA briefs reporters on budget issues. The Senate
minority, with prodding from civil-society groups like
Social Watch-Philippines, insisted on retaining
theP17.8-billion House cut from the automatic appropriations
for debt service in the 2008 budget bill, arguing that the
money should be reallocated to productive sectors.
--ROY DOMINGO |
