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ADB says PH, Asia economies to survive euro crisis

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The Asian Development Bank said the Philippines and other developing countries in Asia have the capacity to remain stable in the event that the prolonged crisis in the eurozone should evolve into another global economic meltdown.

Posted: February 21st, 2013 in Headlines | Read More »

PH strengths ensure growth despite external woes, BSP says

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The Philippines has “domestic sources of strength” that will help it continue weathering the effects of the debt crisis in the eurozone even if the problem might worsen given speculations about Greece’s possible exit from the European Union.

Posted: May 24th, 2012 in Headlines | Read More »

Eurozone crisis to hit Philippines in 2012

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Fitch Ratings said Asian countries, including the Philippines, will still feel the pinch of the eurozone debt crisis in 2012 but stressed that the impact would remain manageable given significant demand and liquidity in their domestic economies.

Posted: November 25th, 2011 in Headlines | Read More »

Asian shares mixed ahead of key Europe summit

Asian shares were mixed in early trade on Tuesday with investors taking a breather from the previous day’s rally as they nervously await a crucial summit aimed at tackling the eurozone debt crisis.

Posted: October 25th, 2011 in Latest Business Stories | Read More »

Euro edges up on dollar as crisis talks progress

The forex market again hung on the words and reports coming out of European crisis talks Monday, with a marginal bit of optimism pushing the euro up against the dollar.

Posted: October 25th, 2011 in Latest Business Stories | Read More »

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