Article: PHILIPPINE NEWSPAPER HIGHLIGHTS - JULY 2, 2009.

MANILA, July 2 Asia Pulse - Highlights of today's newspapers:

MANILA BULLETIN:

- The Energy Regulatory Commission approved new set of rules and procedures for the testing and maintenance of electric meters.

- Remittances this year by Filipino expatriates would at least remain unchanged despite concerns of a contraction, the BSP said Wednesday.

- New tourism investments will be registered under the TIEZA, which is expected to offer better tax perks to investors and push for a more aggressive tourism promotion of the country.

- The domestic franchising industry remains robust with a projected 5%-10% growth in sales this year.

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