Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. announced that outstanding Philippine external debt approved/registered by the BSP stood at US$62.4 billion as of end-September 2011, reflecting an increase of US$1.0 billion (1.6 percent) from the US$61.4 billion level as of end-June 2011. While loan transactions for the quarter resulted in net outflows [...] [...more]
Any understanding between the Philippines and any party of interest in the Spratly islands issue wouldn’t add confusion among the Spratly claimant countries, President Spokesman Edwin Lacierda said. In a press conference in Malacanang on Wednesday, Palace reporters asked Lacierda whether a possible exchange of notes between President Benigno S. Aquino III and the Japanese [...] [...more]
The Armed Forces of the Philippines (AFP) implements the sentence imposed by the General Court Martial to Former AFP Comptroller Major General Carlos Garcia, Friday. The sentences was approved by the reviewing authority, the President of the Republic of the Philippines, Benigno Aquino III. Palace News release on Aquino affirming sentence conviction on Gen. Garcia [...] [...more]
Aside from the speech given on July 25th at the Batasan Pambansa , President Aquino’s PCOO office issued a full technical report on accomplishments and issues presented as well as plans and programs for the 2011-2012 FY of the country in a full technical and progress report published on the Philippine Gazette‘s official release of [...] [...more]
If life is a gamble then – the Philippines is full of life! Gaming is major player in the country – be it legal or illegal the cards or the machines or other forms of gambling. It has spread all over. From about 18 casino’s of the Las Vegas Variety – to scores of other [...] [...more]
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