KapitBisig.com Philippines

Ombudsman Merceditas Gutierrez has affirmed her decision dismissing from the service for grave misconduct former police senior inspector Rolando Mendoza, who was killed along with eight Hong Kong tourists whom he had taken hostage last Aug. 23.

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Manila, Philippines — Finance Secretary Cesar V. Purisima on Tuesday gave the green light to his staff to launch the government's first overseas peso-denominated borrowings to take advantage of the favorable market conditions.

Amid speculations that the government will issue up to $1 billion peso global bonds as early as this week, Purisima admitted that he already instructed his staff to launch the maiden peso bonds if there is a best opportunity.

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KANSAS CITY, Missouri (AP) – Hallmark Cards Inc., a $4-billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: A generation that has grown up posting its sentiments online.

Hallmark has thrived since Joyce Clyde Hall peddled postcards in Kansas City 100 years ago, rising to become the nation's largest greeting card company with more than $2.5 billion in annual revenue from cards, gift wrap, partyware and more.

Full Story (mb.com.ph)