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Article: PHILIPPINE NEWSPAPER HIGHLIGHTS - NOV 5, 2009.
- Article from:
- AsiaPulse News
- Article date:
- November 5, 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, Nov 5 Asia Pulse - Highlights of today's newspapers:
MANILA BULLETIN:
- The World Bank is expecting a 1.4 per cent growth of the Philippine economy this year and 3.1 per cent in 2010 despite the impact of the recent typhoons.
- At least $121 million in fresh Taiwanese investments in various fields are expected to be poured into the country particularly in Clark, Subic and Mindanao areas.
- Implementation of a 10 per cent tariff protection on all automotive imports and a subsidy of P10,000 per completely built up production are being pushed.
- The government may exceed its budget deficit goal this year of P250 billion ...