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Philip Morris, Fortune Tobacco in ‘marriage of equals’
MANILA, Philippines – It’s being called a marriage of equals. Philip Morris, maker of Marlboro, with a 30% share of the local cigarette market, and Lucio Tan’s Fortune Tobacco, with a 60% market share, have agreed to combine their businesses under a 50-50 joint venture company called Philip Morris Fortune Tobacco Corp. (PMFTC) Inc.

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Philippines triples rice yield
Over the past 50 years, the Philippines has more than tripled its rice yield while the world average rice yield has increased only about 2.3 times.

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Philippines January Tax Revenue Collection Exceeds Target
Philippines January Tax Revenue Collection Exceeds Target

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02/05/2010 18:17 PHILIPPINES Election 2010: Filipino Church providing 45,000 volunteers to prevent fraud
» by Santosh Digal The Parish Council for Responsabile Voting yesterday launched an information campaign in Manila. Volunteers will fan out in each parish to explain how to use electronic voting machines.

Read more on Peace and development prospects for Southern Philippines…

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When Muhammad Ali met Joe Frazier in Manila for their third fight, their rivalry had spun out of control. The Ali-Frazier matchup had become a madness, inflamed by the media and the politics of race. When the “Thrilla in Manila” was over, one man was left with a ruin of a life; the other was battered to his soul.

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Bayani Fernando reveals blueprint for Philippines
MANILA, Philippines – Proud of being an engineer with a blueprint for the Philippines, Bayani Fernando, running mate of Senator Richard Gordon, is gearing up for his biggest political project to date. He is all eyes on the vice presidency and, unlike rivals for the post, is not interested in any Cabinet portfolio in case he wins.

Read more on Philippines’ budget deficit overshoots goal…

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PTT Philippines cuts pump prices
MANILA, Philippines – PTT Philippines slashed prices of its diesel products by P1.00 per liter and gasoline by P0.50 per liter effective 6 a.m. Monday.

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The Killers Manila concert cancelled
American alternative rock band The Killers has indefinitely postponed its concert in Manila, citing “unforeseen circumstances” as reason for putting off its Asia Tour Concerts.

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More than 13 inches of rain fell in just 12 hours as Tropical Storm Ketsana slammed ashore in the Philippines, killing dozens of people in Manila’s worst flooding in decades. (Sept. 26)

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