Wednesday, August 28, 2013

Foreigners pull out of emerging markets

on 8:23 AM in News, philippine stock exchange with No comments

Manila - Emerging market stocks tumbled to six-week lows yesterday on concerns that capital outflows will accelerate as Syria’s conflict intensifies and south-east Asian economies slow. India’s rupee and the Turkish lira weakened to all-time lows. The Philippine Stock Exchange index fell 4 percent amid speculation that protests over discretionary government budgets will slow state spending. Thailand’s benchmark index sank to more than 20 percent below this year’s high, while the Jakarta composite index lost... more »

Philippine Stocks Tumble to Nine-Month Low Amid Outflows Concern

on 8:20 AM in News, philippine stock exchange with No comments

Philippine stocks tumbled for a second day, sending the benchmark index to the lowest level in nine months, amid concern that capital outflows will accelerate. The Philippine Stock Exchange Index (PCOMP) dropped 5.7 percent to 5,578.53 at 10:20 a.m.... more »

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on 11:12 AM in Air Cargo, Air Forex, Air Freight, aircargo, Balikbayan Service, Door to Door, packages, Products and Services with No comments

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on 1:00 PM in balikbayan box, Florida to Philippines, Products and Services with No comments

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on 4:12 PM in Money Remittance, money transfer, Products and Services with No comments

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US, Philippines vow freedom of navigation amid Asia sea rows

on 3:59 PM in Freedom, News, Southeast Asia with No comments

WASHINGTON: The United States and the Philippines have vowed to maintain freedom of navigation in a Southeast Asia increasingly beset by maritime territorial rows, the two military allies said. The military chiefs of the two countries made the pledge in the United States on Thursday as their governments held talks on expanding the American military presence in the Philippines, a joint statement said. "We share a common interest in maintaining... more »

Filipinos in US called to help victims of sea collision, floods

on 11:42 PM in calamity, flood, flooding, News, philippines, storm, troipical storm with No comments

THE Philippine Embassy in Washington urged the Filipino-American community there to help the victims of the recent ferry tragedy off the coast of Cebu and those affected by the torrential rains and floods in Luzon. Philippine Ambassador to Washington Jose Cuisia Jr. appealed to the community... more »

Bishops’ group targets priority areas for aid

on 11:38 PM in calamity, flood, flooding, News, philippines, storm, troipical storm with No comments

Sun Star 2013-08-22: THE Catholic Bishops Conference of the Philippines (CBCP) identified 12 priority areas to send aids for the victims of the recent calamity brought by torrential rains and massive flooding. In its letter of appeal to all dioceses in the country, the CBCP – National Secretariat for Social Action, Justice and Peace (Nassa) identified the 12 areas after these dioceses as sending immediate request for assistance. These are the dioceses of Bayombong (for Quirino), Imus (Cavite), San Pablo (Laguna), Iba... more »

Philippine stocks post biggest drop in 5 years

on 10:21 AM in economy, News, philippine stock exchange, stock market, stocks with No comments

MANILA, Aug. 22 (Thursday) -- The Philippine stock market posted its biggest drop in five years on the recent flooding that crippled the metropolis and lingering concerns over Southeast Asian economies and U.S.stimulus tapering. After a three-day... more »

Monsoon rains death toll, 18; affected balloons to 1.7M

on 10:04 AM in calamity, flood, flooding, News, philippines, storm, troipical storm with No comments

The Daily Tribune 2013-08-22: The death toll brought by southwest monsoon enhanced by tropical storm “Maring” rose to 18 persons while four others remained missing and the number of affected persons ballooned to more than 1.7 million as another low pressure area (LPA) was spotted in northern Philippines yesterday. Maring has already left the country’s area of responsibility but the Philippine Atmospheric Geophysical and Astronomical Services Administration(Pagasa) yesterday... more »

Disaster-weary Philippines mops up after deadly floods

on 10:01 AM in calamity, flood, flooding, News, philippines, storm, troipical storm with No comments

Fox News 2013-08-22: Published August 22, 2013AFP Prisoners (wearing orange) from Cavite Provincial Jail and residents clean mud off the walls of Holy Cross Parish in Noveleta, Cavite, south of Manila on August 21, 2013. Disaster-weary Philippine residents mopped up Thursday after four days of torrential rain that officials said had killed 16 people and forced nearly 400,000 others from flooded homes.AFP Residents bail floodwater from their house in Noveleta, Cavite, south of Manila on August 21, 2013. Philippine National Red Cross secretary-general Gwendolyn Pang said floods have receded in all but about 10 percent of the Manila... more »