<< Ladies enjoy a Cosmo-tized day at Cosmo YOUniverse
Money tip: Think before you hoard >>

News roundup: Debts rise as economy begins to improve

May 21, 2009 by FN's Shar Bareng

* Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. says the local economy is showing signs of having a higher growth rate this year. We could also look forward to further improvement should the US economy continue to recover from the recession.

roundup_finance.jpg


* Banco de Oro (BDO) is still the Philippines' largest bank after clocking in P801.05 billion-worth of assets in March 2009.

* The Philippines' debts rose to P4.164 trillion in February this year, 10.4 percent higher than last year's P3.771 trillion.

* Despite poor retail sales in the US, the dollar continues to rise in Asia.

* Why should you envy 34-year-old Ben Southall? The British charity worker will start work as caretaker of Hamilton Island in the Great Barrier Reef in Australia, also dubbed the best job in the world.


Photo source

0 Comments

Add Comment
    be the first to post a comment...

Most Read of the week

  • Facts about sexual harassment

    From time to time we read in the newspapers or hear from others that someone has complained against another who solicited or demanded a form of sexual...

  • The basics of power dressing

    Power dressing looks difficult to achieve, but with a bit of resourcefulness and creativity, you can soon breeze through work in style and maybe even ...

  • How mysterious are you?

    When it comes to dishing personal details, is your policy show-and-tell or MYOB? Suss out how secretive you are with this quiz.   Photo by...

Random Articles

More Articles

Recent Comments

Recently Active MyFN Members

Go to MyFN

Recently Active MyFN Groups

Go to FN Groups

From the FN Archives

EXPLORE ARCHIVE
   Show All
down