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Gov’t-MILF peace agreement positive for PHL economy – Moody’s

MANILA  (Mabuhay) — Moody’s Investors Service has dubbed as “credit positive” last week’s signing of the Comprehensive Agreement on the Bangsamoro (CAB) between the Government of the Philippines and the Moro Islamic Liberation Front (MILF). In a research note, the debt...
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First 5 LA Approves New Governance Guidelines

Commission Demonstrates Renewed Commitment to Focused Decision Making Los Angeles, CA – The First 5 LA Commission today approved new governance guidelines to promote transparency, consistency, and focus in First 5 LA decision-making, budget development and strategic planning. The...
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Bhutan to become green car showcase in deal with Nissan

(THIMPHU, Bhutan-AFP) – The remote Himalayan kingdom of Bhutan signed a deal with Japanese auto giant Nissan Friday to become the ultimate showcase for electric cars, taking advantage of its abundance of hydropower. The announcement was made during a visit by Nissan chief...
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Japanese tourist held for bringing in excessive cash at NAIA Terminal 1

MANILA  (Mabuhay) — Agents of the Bureau of Customs (BoC) based at the Ninoy Aquino International Airport (NAIA) Terminal 1 placed under arrest late Tuesday night an arriving Japanese tourist for bringing in more than the allowed amount of cash to the country. Vernie...
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Erich opens all-day breakfast restaurant

Actress Erich Gonzales, who played a pastry chef in the movie “Suddenly It’s Magic,” has joined a growing list of celebrities who have opened their own restaurant. Gonzales announced that her restaurant, The Breakfast Club, opened just recently on Quezon Avenue, near the Santo...
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President Aquino welcomes Myanmar President Thein Sein in Malacanang Palace

MANILA, Dec 5 (Mabuhay) –President Benigno S. Aquino III welcomed President Thein Sein of the Republic of the Union of Myanmar during arrival honors in Malacañang Palace on Thursday. A 21-gun salute was rendered in honor of the visiting head of state during the playing of...
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Coconut farmers face ruin after Haiyan

By Martin Abbugao BURAWIN  (AFP) – The super typhoon that slammed through the central Philippines laid waste to a vast region of coconut farmland, eradicating in one fell swoop the livelihoods of tens of thousands of smallholders. “It’s all gone,” Glen Mendoza said, gesturing...
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‘PH still one of world’s economic bright spots’

MANILA (Mabuhay) — HSBC raised its full-year growth forecast for the Philippines to 7.1%, on the back of better-than-expected second quarter GDP figures. In a report, HSBC economist, Trinh Nguyen said the second quarter growth data showed that momentum remains strong, due...
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Microsoft buys Nokia phone unit to fight Apple, Google

(HELSINKI-AFP) – Nokia said on Tuesday it was selling its beleaguered mobile phone unit to Microsoft for 5.44 billion euros ($7.17 billion) as the US tech giant tries to fight back against rivals Apple and Google. Investors cheered the news, as Nokia’s share price...
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Japan vows to help PHL amid China sea row

MANILA  (AFP) – Japan pledged Thursday to help the Philippines defend its “remote islands”, as both governments expressed concern over China’s robust moves to stake its claims to disputed Asian waters. Japanese Defence Minister Itsunori Onodera said China’s contentious claim to...