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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Philippine Senator Wants Probe Of Aviation Safety Downgrade (Nasdaq)
MANILA -(Dow Jones)- A Philippine senator on Wednesday called for a congressional investigation into the reasons that the country failed an aviation safety assessment by the U.S. Federal Aviation Administration.

(AFX UK Focus) 2008-01-16 07:59 GMT: Philippine government's end-October debt down 3 percent (Interactive Investor)
MANILA (Thomson Financial) – The Philippine government's outstanding debt shrank 3 percent to 3.798 trillion pesos at the end of October from a year earlier, with a strong peso helping trim its foreign obligations, data showed on Wednesday.

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(AFX UK Focus) 2008-01-10 05:34 GMT: Philippine shares close firmer on bargain-hunting, but miners retreat – UPDATE (Interactive Investor)
MANILA (Thomson Financial) – Philippine shares closed firmer Thursday as bargain-hunters stepped in, with the overnight gains on Wall Street providing some inspiration, but volumes were thin amid cautiousness following recent sell-offs.

Philippine Govt's Hunger Mitigation Program On Track (Asia Pulse via Yahoo!7 News)
The Philippine government's accelerated hunger mitigation program (AHMP) spearheaded by the Department of Agriculture (DA) is on track in meeting its goals, with several of its projects even overshooting their targets in the years first 10 months.

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Philippine November Exports Unexpectedly Fall (Nasdaq)
(RTTNews) – Philippine exports declined unexpectedly in November, official data showed Thursday. Exports dropped 2.0% in November from the previous year, reversing an increase of 10.5% recorded in October, the National Statistics Office said.

(AFX UK Focus) 2008-01-10 05:34 GMT: Philippine shares close firmer on bargain-hunting, but miners retreat – UPDATE (Interactive Investor)
MANILA (Thomson Financial) – Philippine shares closed firmer Thursday as bargain-hunters stepped in, with the overnight gains on Wall Street providing some inspiration, but volumes were thin amid cautiousness following recent sell-offs.

Senior CPC official meets Philippine guests (China Economic Net)
Wang Jiarui, head of the International Department of the Central Committee of Communist Party of China (CPC), met here Thursday with Speaker of the Philippine House of Representatives Jose De Venecia.

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Philippine stock index tumbles 2.6 percent to 4-month low, tracking Wall Street decline (AP via Yahoo! Singapore News)
Philippine shares tumbled to their lowest level in nearly four months Monday, tracking Wall Street's losses at the end of last week amid fears of a U.S. recession.

Disgraced Philippine ex-leader Estrada plans to name 'plotters' (Channel NewsAsia)
MANILA : Disgraced former Philippine president Joseph Estrada said Monday he is writing a book about his life and plans to name prominent officials he claims conspired against him.

Philippine Debt-Yields seen higher on inflation worries (Reuters via Yahoo! Malaysia News)
MANILA, Jan 7 – Philippine debt yields are likely to edge 10-15 basis points higher this week, reflecting concerns over oil-price-led inflation, traders said on Monday.

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Philippine House Speaker to visit China (People's Daily)
Philippine House Speaker Jose de Venecia will pay a good-will official visit to China from Jan. 8 to 16, according to China's top legislative body. De Venecia will pay the visit at the invitation of Wu Bangguo, chairman of the Stan …

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Philippine Stock Index Drops 0.1 Percent (AP via Yahoo! Finance)
Philippine shares fell Wednesday in a sluggish session that followed the New Year holiday. Investors were cautious after an earlier decline on Wall Street.

Philippine military to probe US troops' closure of hospital (Channel NewsAsia)
ZAMBOANGA, Philippines : Philippine authorities are to make a formal inquiry into the closure of a government hospital in the south by US soldiers providing counter-terrorist training to Filipino troops, the local military said Wednesday.

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Philippine military to probe US troops' closure of hospital (TODAYonline)
File photo shows a US Special Forces soldier manning a machine gun in a convoy with Philippine Marines on the restive southern island of Jolo. Philippine authorities are to make a formal inquiry into the closure of a government hospital in the south by US soldiers providing counter-terrorist training to Filipino troops, the local military said Wednesday.

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Philippine Gov't Deploys "Meat Marshals" To Markets For New Year (Asia Pulse via Yahoo!7 News)
The Philippine Department of Agriculture (DA) is deploying "meat marshals" in public markets in Metro Manila to check for double-dead meat.

Philippine military says operations have weakened communist guerrillas, but still a threat (AP via Yahoo! Malaysia News)
Communist guerrillas lost about 1,000 fighters in 2007 but continue to be a thorn in the side of the government by launching attacks against Philippine forces, a military report said Sunday.

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