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Article: PHILIPPINE NEWSPAPER HIGHLIGHTS - OCT 13, 2009.
- Article from:
- AsiaPulse News
- Article date:
- October 13, 2009
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MANILA, Oct 13 Asia Pulse - Highlights of today's newspapers:
MANILA BULLETIN:
- The country's foreign direct investments reached $1.2 billion in the first seven months to July, up 33.8 percent compared to what was reported the same period last year.
- Business damage caused by the two typhoons are estimated to have reached P5 billion but the business community does not see this a reason to bring the countrys economic growth to a negative.
- The Philippine peso dropped the most in two weeks on concern government spending to repair damage caused by flooding and landslides will slow economic growth and increase debt sales.
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