Philippines: San Miguel Corp. Sustains Growth Momentum in 2006

San Miguel Corporation (SMC) reported another strong performance in 2006 amid slower growth in incomes. Consolidated net sales revenue reached P250 billion, which was 10% higher than 2005.

Dampened consumer demand continued up to the fourth quarter of 2006, partly due to the strong typhoons that hit the Philippines. Despite weaker consumer spending, there was however marked improvement in food group sales and significant volume recovery in the liquor business.

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Philippines: RSF Condemns Jailing of Davao Broadcaster

Reporters Without Borders / Reporters sans fronti?res
Press Release / Communiqu?
11.04.07

RADIO JOURNALIST GETS FOUR AND A HALF YEARS IN PRISON FOR DEFAMING LEGISLATOR

Reporters Without Borders today condemned the four-and-a-half-year prison sentence which dxMF Radyo Bombo presenter Alex

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Philippines: Wealthiest Grew Richer Under Arroyo

The gap between the unimaginable wealth of the country?s richest families and the poorest households highlights the yawning income inequalities that further widened under the Arroyo administration, according to independent think-tank IBON Foundation.

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Pacific Internet Announces Plan for WiMax Rollout in the Philippines

Pacific Internet Announces Plan for WiMax Rollout in the Philippines

SINGAPORE, April 10 /Xinhua-PRNewswire-FirstCall/ — Pacific Internet
Ltd., the largest telco-independent Internet Communications Service
Provider by geographic reach in the Asia Pacific region, today announced a
major investment and expansion plan for Pacific Internet Philippines (PI
PH). PI PH will invest over US$12 million in building a wireless broadband
infrastructure, initially in the Greater Metro-Manila area.

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