MANILA,
Sept. 3 (PNA) -- Analysts at Citibank upgraded their forecast for the
Philippines gross domestic product (GDP) this year to 6.7 percent after
actual growth in the first half accelerated faster than originally
expected.
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Region 12 traders want 'status quo' on daily pay of private workers
GENERAL
SANTOS CITY, Sept. 3 (PNA) – The business community here called for a
“status quo” on the existing minimum wage rates of private workers in
Region 12 or Southwestern Mindanao in the wake of ongoing moves for a
possible wage increase in the area.
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DTI 7 offers help on design, trends for OTOP program
CEBU
CITY, Sept. 3 (PNA) – An official of the Department of Trade and
Industry (DTI) 7 said the agency hopes to update those under the One
Town, One Product (OTOP) program with trends on design and color before
the year ends.
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MANILA,
Sept. 3 (PNA) -- Farm gate price of chicken has been reduced from P54 to
P52 a kilo due to the proliferation of imported chicken parts in the
market, Agham Party-list Rep. Angelo Palmones said on Thursday.
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Chinese building tissue paper factory in Pangasinan
DAGUPAN
CITY, Sept. 3 (PNA) — A Chinese firm is setting up a tissue paper
factory in Barangay Salay, Mangaldan, the first foreign investment that
so far came to the town.
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Citi cites importance to increase investment to boost RP growth
MANILA,
Sept 3 (PNA) – The government’s bid to increase investments as another
growth driver of the domestic economy was cited by Citigroup as a sure
way to ensure continued growth path of the Philippines.
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Bakers to produce cheap Pinoy 'Tasty' loaf bread
MANILA,
Sept. 3 (PNA) -- Bakers will make good its promise to produce cheaper
Pinoy 'Tasty' loaves within the month at P36 per 450 gram loaf.
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ADB okays US$ 400-M loan to expand RP's 4Ps
MANILA,
Sept. 3 (PNA)- The Board of Directors of the Asian Development Bank
(ADB) approved a US$ 400 million loan to support the expansion of the
Philippines’ conditional cash transfer (CCT) program, known locally as
the Pantawid Pamilyang Pilipino Program (4Ps).
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Rainmaker Systems Inc. launches 2nd RP delivery site in Makati
MANILA, Sept. 2 (PNA) -- Business process outsourcing (BPO) has never had it so good in the Philippines.
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DBP eyes role of financial adviser to proposed infrastructure fund
MANILA,
Sept. 2 (PNA) - The Development Bank of the Philippines (DBP) is eager
to take on the role of financial adviser to the proposed
multibillion-peso infrastructure fund the national government is putting
together to help spur and sustain economic growth for the long-term.
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