Article: PHILIPPINE NEWSPAPER HIGHLIGHTS - MARCH 16, 2009.

MANILA, March 16 Asia Pulse - Highlights of today's newspapers:

MANILA BULLETIN:

- Despite the current economic slump, Eastern Communications, the country's pioneer telecommunications company, is expanding its operations and increasing its manpower by 12 per cent to meet its P5 billion revenue target for 2009.

- The Bangko Sentral ng Pilipinas (BSP) said universal and commercial banks non-performing loan (NPL) ratio slid to below 4.0 percent in 2008.

- Banco de Oro Unibank, Inc. (BDO) successfully raised P3 billion in unsecured subordinated notes eligible as Lower Tier 2 Capital (the "Notes") as of 13 March 2009, the end of the offer ...

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