Schroder sees losses as Aquino rejects risk of an overheating PHL economy
PRESIDENT Aquino’s confidence that there is no risk of overheating in Southeast Asia’s fastest-growing economy isn’t reflected in the country’s bond market.
Sovereign peso notes fell 5 percent in three months in local-currency terms, the most among 32 emerging-market indexes tracked by Bloomberg, while the Philippines currency dropped 2 percent against the dollar. Inflation quickened to a two-year high in January and Nomura Holdings Inc., Japan’s largest brokerage, is forecasting 100 basis points of interest-rate increases this year. Read the rest of this entry »
PH listed as 3rd most dangerous place for journalists
MANILA, Philippines—The Philippines was listed as the third most dangerous place for journalist in the world following Syria and Iraq, a report from the International News Safety Institute’s said. Read the rest of this entry »
PHL 3rd most dangerous country for journalists —INSI report
GENEVA – One hundred and thirty-four journalists and media support staff were killed while on reporting assignments last year, most of them targeted deliberately, the London-based International News Safety Institute (INSI) said on Tuesday. Read the rest of this entry »
World press freedom: Phl slips to 149th
BAGUIO CITY, Philippines – The Philippines slid to 149 in the 179-country World Press Freedom Index of the France-based Reporters Sans Frontiéres (RSF or Reporters Without Borders). Read the rest of this entry »
Filipinos 3rd among world’s heaviest drinkers—study
MANILA, Philippines — Bottoms up!
After ranking 15th in the world’s top porn-watchers according to an adult website, Filipinos are now involved in another kind of bottom, shot glass bottoms. Read the rest of this entry »
$400-B illicit money flowed through Phl
MANILA, Philippines – An anti-graft watchdog yesterday said the Philippine government was cheated of $3.85 billion in tax revenues in 2011, part of massive illicit money flows that totaled more than $400 billion in the past five decades. Read the rest of this entry »
Filipinos as money ‘experts’: Clueless on bonds, stocks, loans
MANILA, Philippines—One out of every five Filipinos from the middle to upper income groups claims to be an “expert” in money matters. But a global insurance giant recently found that members of these classes perform poorly in a basic financial literacy quiz. Read the rest of this entry »
Filipinos are world’s biggest gin drinkers
MANILA, Philippines – Filipinos rule the global gin market and among the top drinkers of rum products, according to market research firm International Wine & Spirit Research (IWSR). Read the rest of this entry »
PHL still among ‘least peaceful countries’ in world, Asia Pacific – survey
CAGAYAN DE ORO CITY, Philippines — The country remains among the “least peaceful” in the world and the Asia Pacific, improving only slightly in its global ranking, a survey by a non-profit research organization showed. Read the rest of this entry »
G20 promises growth, but how?
(Financial Times) — The world’s heading economies set an design on Saturday to boost expansion and jobs during a finish of a weekend of high-level meetings, yet undermined their ambitions with neatly incompatible views of a required policies. Read the rest of this entry »