Article: PHILIPPINE NEWSPAPER HIGHLIGHTS - OCT 9, 2009.

MANILA, Oct 9 Asia Pulse - Highlights of today's newspapers:

MANILA BULLETIN:

- The Bangko Sentral ng Pilipinas is granting a 60-day grace period to all banks with rediscounting loans as relief measure for banks and cleints affected by tropicsl storm "Ondoy."

- Rice production in the Philippines, the world's biggest importer of the grain, will likely slump in the fourth quarter.

- Nido Petroleum Ltd., an Australian oil and gas exploration firm, has entered into a joint study initiative with Southeast Asian National Oil Company to review the basins of the Philippines.

- Automotive sales improved 6.9 per cent in September ...

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