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(AFX UK Focus) 2009-05-24 09:48 Manila c.bank says rate cuts not enough to boost economy (Interactive Investor)
Published: MANILA, May 24 (Reuters) - The Philippine central bank's rate cuts totalling 1.5 percentage points since December need to be backed by more government spending to drive private sector consumption and support growth, a central bank official said. Diwa Guinigundo, central bank deputy governor, told reporters on Sunday that further easing of policy rates would not be enough to stimulate the ......
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Manila News Headlines
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(AFX UK Focus) 2009-05-24 09:48 Manila ...Published:Sun, 24 May 2009 09:15:52 GMT MANILA, May 24 (Reuters) - The Philippine central bank's rate cuts totalling 1.5 percentage points since December need to be backed by more government spending to drive private se......
(AFX UK Focus) 2009-05-24 06:35 Manila'...Published:Sun, 24 May 2009 06:00:32 GMT MANILA, May 24 (Reuters) - Philippine food and drinks giant San Miguel Corp said on Sunday its board approved a plan to give stockholders the option to swap their common shares wi......
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