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November 29, 2005
Philippine GDP falls as consumers spend less
...allegations against president Gloria Macapagal Arroyo put a damper on consumer spending. Annual...rates of consumption,” said Augusto Santos, the economic planning secretary...impossible to meet our target,” said Dennis Arroyo, a government economist. Under Mrs Macapagal... By Roel Landingin in Manila
January 30, 2006
Oil and political crisis hit Philippine economy
...prices and president Gloria Macapagal Arroyo’s worst political crisis hit consumer...tough as Manny Pacquiao,” said Dennis Arroyo, a senior government economist, referring...out a Mexican rival in Las Vegas. Mr Arroyo said the government expects GDP to grow...quarter in the fourth quarter. Augusto Santos, the government’s economic planning... By Roel Landingin in Manila
May 30, 2008
Philippines to boost subsidies
...month is going to suffer from higher prices,” said Augusto Santos, the government’s economic planning chief. He said that...economic growth this year.” He said that Gloria Macapagal Arroyo, the country’s president, has ordered the allocation of...re aiming for a balanced budget by 2010,” said Mr Santos. He said economic managers, during a meeting Wednesday... By Roel Landingin in Manila
August 29, 2005
Philippine growth hit by oil prices and drought
...growth could make it harder for President Gloria Macapagal Arroyo to boost employment and raise household incomes to help fight...surge in foreign investments in mining ventures. Augusto Santos, economic planning secretary, on Monday said the economy this...second half, then we'll get 5.3 per cent,” said Dennis Arroyo, a senior government economist. By Roel Landingin in Manila
May 24, 2005
Manila sets up infrastructure investment plan
...toll roads and seaports that it badly needs to boost competitiveness and improve social welfare. President Gloria Macapagal Arroyo, addressing investors at an infrastructure conference in Manila, said the government was establishing a state company responsible...sector participation in infrastructure, but badly implemented projects left the government and investors dissatisfied. Juan Santos, trade and industry secretary, said the new body was expected to help jumpstart five or six flagship civil works projects... By Roel Landingin in Manila
August 30, 2007
Philippine economic growth surges in Q2
...bringing first-half growth to 7.3 per cent. For full-year 2006, GDP expanded by only 5.5 per cent. Gloria Macapagal Arroyo, president, said the numbers showed that her economic plan – fiscal consolidation followed by massive outlays for infrastructure...s full year growth target of 6.1-6.7 per cent. “Hitting seven per cent is not impossible,” said Augusto Santos, the temporary economic planning secretary. Mrs Macapagal said the recent economic numbers showed that growth can be sustained... By Roel Landingin in Manila
August 15, 2006
Manila urged to stem political killings
...levels to condemn the attacks, asked President Gloria Macapagal Arroyo to create an independent body to oversee investigations...the 10 cases in 10 weeks recently called for by President Arroyo,” Mr Parritt said in a statement. Mrs Macapagal recently ordered...It could be her Achilles’ heel,” said Soliman Santos, a human rights lawyer who co-wrote a UN-funded report... By Roel Landingin and agencies in Manila
January 10, 2006
Maoist rebellion set to persist in the Philippines
...both sides the futility, illusion and great cost of aspiring to a military victory over the other side,” warned Soliman Santos, one of the authors of the UN report. But the antagonists in the conflict are not about to heed the warning. Philippine...programme that aims to defeat the NPA within six years. The communists, in turn, are predicting President Gloria Macapagal Arroyo’s ousting within six months and have announced they will step up attacks while exploring alliances with disgruntled military... By Roel Landingin in Manila
February 24, 2006
Philippines declares state of emergency
Philippine president Gloria Macapagal Arroyo declared a state of emergency on Friday, hours after top armed...elections. Police forcibly dispersed two groups of anti-Arroyo demonstrators who tried to assemble along Epifanio de los Santos Avenue, the capital’s main road, where 20 years ago... By Roel Landingin in Manila
February 25, 2006
Philippines calls state of emergency as coup plot foiled
Philippine president Gloria Macapagal Arroyo declared a state of emergency yesterday, hours after senior military officials said they had foiled a coup attempt - the...Police yesterday forcibly dispersed between 15,000 and 20,000 demonstrators who tried to assemble along Epifanio de los Santos Avenue, the capital's main road. This was in stark contrast to February 22-25 1986, when hundreds of thousands of... By Roel Landingin in Manila