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Article: PHILIPPINES NEWSPAPER HIGHLIGHTS - AUG 25, 2009.
- Article from:
- AsiaPulse News
- Article date:
- August 25, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MANILA, Aug 25 Asia Pulse - Highlights of today's newspapers:
MANILA BULLLETIN:
- Foreign businessmen are strongly opposed to a bill filed in the Lower House seeking to strengthen security of tenure to workers in the private sector by putting a cap to the number of workers that a company can hire on a contractual basis saying it is highly counter-productive.
- Local share prices surged 5.11 per cent yesterday, the highest in the last seven months, on expectations that the local economy was on the road to recovery from the global financial crisis.
- The Asian Development Bank has approved a $500 million loan from its $3 billion ...