Approved by the World Bank Board of Executive Directors on December 1, 2011, this new US$50 million financing will fund the Regional Infrastructure for Growth Project (RIGP) designed to stimulate physical and economic integration among a number of local government units (LGUs) as well as support post-disaster initiatives through improved access to finance.

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The Philippines’ president, Benigno Aquino III, told reporters Wednesday that, yes, he is dating again. This time it’s a South Korean woman who grew up in Manila and works there as a TV show host and radio disc jockey.

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The PBRS is a web-based system that will serve as a one-stop shop for entrepreneurs who want to transact or register their businesses. The computerized registration systems will link several agencies so that applicants can register businesses even without their presence.

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The World Economic Forum is an independent, international organization whose mission is to improve the state of the world by engaging leaders from the business, political and academic arenas to shape global, regional and industry agendas. Now, through this new community, they are joined by philanthropists, doctors, and social entrepreneurs from the Philippines, who have the idealistic mindset and the active initiative to make an impact on the lives of others.

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MANILA (AP) — Call center operators in the Philippines who serve mostly U.S. clients on Wednesday shrugged off President Barack Obama’s initiative to bring outsourced jobs back home.

The Business Processing Association of the Philippines that groups 250 companies said that outsourcing has allowed U.S. companies to survive the global financial crunch by lowering costs and to expand – thereby creating more jobs for Americans.

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According to the corporation, Friday’s event is a “pure gesture of solidarity between our peoples, as we work together to promote peace and protect the environment through literacy opportunity for all.”

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The visit of Prime Minister (PM) Shinawatra aims to further strengthen the Philippines’ deep and strong bilateral relations with Thailand, according to Presidential Spokesperson Edwin Lacierda during the regular press briefing in Malacanang on Wednesday.

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Presidential Spokesperson Edwin Lacierda issued the statement on Thursday following the arrival of Prime Minister Yingluck Shinawatra of the Kingdom of Thailand for an official visit to the Philippines.

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MANILA (AP)- The Philippines’ first impeachment trial of a Supreme Court justice opened Monday, in a major battle of President Benigno Aquino III’s anti-corruption campaign targeting his detained predecessor and her allies.

Chief Justice Renato Corona was impeached by the House of Representatives last month on corruption allegations as well as accusations that he tried to block prosecution of former President Gloria Macapagal Arroyo, who has been detained on vote-rigging charges.

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The Philippine Embassy in Rome reported to the Department of Foreign Affairs (DFA) that Ambassador Virgilio A. Reyes, Jr. dispatched a seven-man Embassy Emergency Response Team to evaluate the situation on the ground and to provide the necessary assistance to Filipino nationals and Filipino crew members of a cruise ship that ran aground off the coast of Grosetto, Tuscany, Italy last Friday evening, January 13.

Led by Consul General Grace Cruz-Fabella, the team went to Porto Sto Stefano, the port that serves as the initial rescue center of the crew and passengers of the cruise ship Costa Concordia.

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