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[Title] => Phl Navy ready to pay price for maintaining ‘ghost’ ship
[Summary] => Preserving the decrepit BRP Sierra Madre and keeping it habitable for a handful of soldiers guarding the Ayungin (Second Thomas) Shoal may be costly, but the stake – the country’s sovereignty – is priceless.
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[Title] => Japanese destroyer squadron docks in Manila
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ESCORT DIVISION
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abtest
By Jaime Laude | April 3, 2014 - 12:00am
By Alexis Romero | April 2, 2014 - 3:03pm
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The Bangko Sentral ng Pilipinas is expected to raise interest rates further in December, with some economists anticipating additional tightening through early 2027 as persistent inflation and a weakening peso keep pressure on monetary authorities. Analysts from BofA Global Research, BMI and Bank of the Philippine Islands see room for further increases after the BSP’s Monetary Board delivered a larger-than-expected 50-basis-point hike on Thursday, bringing the benchmark interest rate to 5.50 percent.
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