KapitBisig.com Philippines

The number of Filipino families who consider themselves poor rose by over a million to roughly half of the population in the second quarter of the year, a recent Social Weather Stations (SWS) survey revealed yesterday.

Full Story (http://www.philstar.com)

The policeman brother of hostage taker Rolando Mendoza was so fearful for his life that he had to resort to creating a scene to call the attention of the mass media.

Full Story (http://www.philstar.com)

Manila, Philippines — The country’s seven largest conglomerates are investing close to P200 billion for capital expenditures this year in a massive show of confidence in the local economy.

The seven groups are led by flagships First Pacific/Metro Pacific Investments Corporation, Ayala Corporation, JG Summit Holdings, SM Investments Corporation, San Miguel Corporation, Lopez Holdings Corporation, and Aboitiz Equity Ventures.

Full Story (mb.com.ph)