The Wishful Thinker ( World News To You )

Philippine Inflation Fastest in 16 Months on Food (Update2) (Bloomberg.com)
March 5 (Bloomberg) — Philippine consumer prices rose at the fastest pace in 16 months in February as food prices climbed, making it less likely the central bank will cut its benchmark interest rate next week.

Ex-Philippine officials urge Arroyo to come clean (Reuters via Yahoo! News)
About 60 former top Philippine government officials urged President Gloria Macapagal Arroyo on Tuesday to lift restrictions on information about a multi-million dollar telecoms deal tainted by corruption allegations.

Philippine Inflation Rate Probably Fastest in 16 Months on Food (Bloomberg.com)
March 5 (Bloomberg) — Philippine consumer prices probably rose at the fastest pace in 16 months in February as food prices climbed, making it less likely the central bank will cut its benchmark interest rate next week.

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Philippine inflation jumps to 5.4 percent in February, highest since Oct 2006 (Sharewatch)
MANILA (Thomson Financial) - Philippine annual inflation jumped to 5.4 percent in February, near the top end of forecasts, from 4.9 percent in the previous month, government data showed on Wednesday.

Philippine court offers compromise on graft probe (The Star)
MANILA (Reuters) - The Philippine Supreme Court gave senators 24 hours on Tuesday to accept a deal that would see a top government official resume testimony in a Senate probe into suspected corruption that has rocked the government.

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Philippine court offers compromise on graft probe (Reuters via Yahoo! Malaysia News)
MANILA, March 4 - The Philippine Supreme Court gave senators 24 hours on Tuesday to accept a deal that would see a top government official resume testimony in a Senate probe into suspected corruption that has rocked the government.

Philippine Inflation Fastest in 16 Months on Food (Update2) (Bloomberg.com)
March 5 (Bloomberg) — Philippine consumer prices rose at the fastest pace in 16 months in February as food prices climbed, making it less likely the central bank will cut its benchmark interest rate next week.

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Philippine Inflation Fastest in 16 Months on Food (Update2) (Bloomberg.com)
March 5 (Bloomberg) — Philippine consumer prices rose at the fastest pace in 16 months in February as food prices climbed, making it less likely the central bank will cut its benchmark interest rate next week.

Philippine leader's husband attends anti-corruption hearing (AFP via Yahoo! News)
A Philippine government inquiry Tuesday gave President Gloria Arroyo's husband 21 days to explain his alleged part in a corruption scandal that is heaping pressure on his wife to resign.

Philippines: Former Officials Urge Philippine President To Cooperate In Senate Corruption Investigation (Sin Chew Jit Poh)
MANILA, PHILIPPINES: The Philippine president must prove her commitment to fighting corruption and cooperate with a Senate investigation into a graft-tainted project or be condemned as corrupt herself, a group of former senior government officials said Tuesday (4 March).

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Philippine leader sings Carpenters duet despite threats (AFP via Yahoo! News)
Philippine President Gloria Arroyo shrugged off assassination plots and political scandals Thursday to spend Valentines Day singing a duet with Richard Carpenter of "The Carpenters" fame.

Philippine president said target of plot (AP via Yahoo! News)
Authorities have uncovered alleged plots by al-Qaida-linked militants to assassinate the Philippine president and bomb foreign embassies, officials said Thursday.

UPDATE: Philippine Banks' End-Dec Loans +9.2% On Year (Nasdaq)
MANILA -(Dow Jones)- Philippine banks' outstanding loans increased 9.2% on year in December, probably aided by recent monetary policy easing, the central bank said Friday.

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Philippine bank lending at 8-month high in December (Reuters via Yahoo! Malaysia News)
MANILA, Feb 15 - Philippine banks' outstanding loans in December climbed 9.2 percent from a year earlier, the highest since April 2007, as bank lending gained pace following a series of rate cuts, the central bank said on Friday.

'Philippine Idol' journey ends for Miguel Mendoza (PEP)
Miguel Mendoza was voted out of Philippine Idol last night, November 27; leaving Mau Marcelo, Jan Nieto and Gian Magdangal to battle it out for the last two spots to become the first Philippine Idol.

Officials cite plot to kill Philippine president (USA Today)
The Philippine government has uncovered an alleged plot by al-Qaeda-linked militants to assassinate President Gloria Macapagal Arroyo, officials said Thursday.

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U.S. warns of 'serious concerns' about Philippine air safety (USA Today)
The U.S. Federal Aviation Administration has downgraded Philippine airline operations and put them under heightened scrutiny because of their inadequate safety standards, the U.S. Embassy said Tuesday.

UPDATE: 5 Arrested Over Alleged Philippine Plot: Police -AFP (Nasdaq)
MANILA (AFP)–A soldier and four dismissed colleagues have been arrested over alleged plots to undermine the Philippine government, their lawyers and police said Wednesday.

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