Duterte meets 'idol' Putin
This handout taken by the Presidential Photographers Division (PPD) on Nov. 19 and released Nov. 21 shows President Rodrigo Duterte (R) shaking hands with his Russian counterpart Vladimir Putin during a bilateral meeting on the sidelines of the Asia-Pacific Economic Cooperation Summit (APEC) in Lima. Duterte on met Putin, the man he calls his hero, and unburdened his gripes about US "hypocrisy," "bullying" and foreign wars. AFP
Hero's burial
This handout photo taken on Nov. 18 and released by the office of Governor Imee Marcos shows members of the late dictator Ferdinand Marcos led by former first lady Imelda Marcos (in black) watch as military officers salute as they place a national flag at the coffin of the late president during the burial at the heroes' cemetery in Manila. Marcos was buried at the national heroes' cemetery in a secretive ceremony, outraging opponents who said it whitewashed his brutal rule and tainted the famous AFP
Fastest-growing economy
A bird's eye view of two buildings under construction in Manila on Nov. 17. The Philippines became developing Asia's fastest-growing major economy in President Rodrigo Duterte's first three months in office, officials said on Nov. 17, even as his fiery rhetoric hit the peso and stock prices. AFP
Supermoon
The "supermoon" is seen partially obscured by clouds over Manila on November 14, 2016. Skygazers headed to high-rise buildings, ancient forts and beaches on Nov. 14 to witness the closest "supermoon" to Earth in almost seven decades, hoping for dramatic photos and spectacular surf. AFP
'Dump Trump'
Filipino students burn a mock US flag and a photo of US President-elect Donald Trump during a rally in front of the US embassy in Manila on Nov. 10. Trump's extraordinary US election victory sent shockwaves across the world, as opponents braced for a "dangerous" leader in the White House while fellow populists hailed a ballot-box revolution by ordinary people. AFP
STOCKS FOREX FAST FACTS


November 22 INDEX
6,802.73 | 176.33
Open : 6,973.75
High : 6,973.75
Low : 6,802.73
Close : 6,802.73
Vol. : 3.584 B
Val. : 6.962 B




November 22 INDEX
Php 49.806 | 6.1
Open : 49.790
Close : 49.850
High : 49.710
Low : 49.920
Vol. : $520.00 M

Treasury mulls $500-M bond offer


THE GOVERNMENT plans to sell at least $500 million in dollar-denominated securities early next year to raise funds for state programs and manage debts, the National Treasurer said, adding that timing of the offer will depend on market feedback in the wake of an expected US interest rate hike next month.

Dirty money watchdog files more charges for Bangladesh heist


THE ANTI-MONEY LAUNDERING Council (AMLC) has charged more former and incumbent Rizal Commercial Banking Corp. (RCBC) officers after the watchdog’s investigation unearthed their liability in the Philippine entry of funds stolen from Bangladesh last February.

Economic zone authority eyes ‘special wage package’


THE PHILIPPINE Economic Zone Authority (PEZA) hopes to offer cheaper wages to investors in areas under its jurisdiction, offsetting lower pay with housing and education benefits, as well as livelihood projects, PEZA Director-General Charito B. Plaza told reporters last Nov. 17.
In Trump versus China, everyone can win
For now, China's leaders seem to be discounting U.S. President-elect Donald Trump's threats to punish them for allegedly unfair trade practices. The fact is that if they were to let their currency float freely, the yuan would probably decline, undercutting U.S. exports. And if Trump did impose 45 percent tariffs on Chinese imports as he's vowed, China has plenty of ways to retaliate. The ensuing trade war could well hurt the U.S. more than China.
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