Article: BUSINESS IN ASIA TODAY - JULY 30, 2009.

Business in Asia on July 30, 2009. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

PHILIPPINES GOVT TO PROPOSE SECOND STIMULUS PACKAGE

MANILA - The National Economic and Development Authority (NEDA) said it will propose for a fresh stimulus package next year to accelerate the Philippines' economic growth. Socioeconomic Planning Secretary Ralph Recto said he will recommend to the cabinet on Thursday a P200 billion (US$4.2 billion) Economic Resiliency Plan (ERP) 2 next year to support the country's economic growth. Recto said the Philippine ...

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