Article: PHILIPPINE NEWSPAPER HIGHLIGHTS - JUNE 24, 2005.

MANILA, June 24 Asia Pulse - Highlights of today's newspapers:

MANILA TIMES:

- Besides the implementation of tax measures, government-owned and-controlled corporations (GOCC) should be closely monitored to sustain the reduction of the budget deficit, the International Monetary Fund (IMF) said.

- The Philippines balance of payments (BOP) position posted a reversal in the first quarter of this year from a deficit in the same period last year, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

- Foreign buying in the local market boosted the Philippine Stock Exchanges trading value by more than 100 per cent in the first few months ...

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