Bank credits strengthening domestic demand, waning inflation, and recent slide in oil prices for healthy picture
Eliseo Mercado says he stepped down because Moro Islamic Liberation Front wanted him to maintain his independent position outside peace
US moving to speed up arms deliveries to the Philippines to help in the fight against terror
Document designed to make ASEAN a more modern, effective and credible organization
Agreements include $3.8 billion project to develop one million hectares of land in Philippines to grow corn, rice and sorghum, some of
Explorers, presidents, silk, spices and controversy are all part of the rich heritage of Philippine island province
Lieutenant General Hermogenes Esperon says documents were found detailing alleged plot, including list of plotters' names
Hopes have faded of finding more landslide survivors
Most of deaths initially reported in Albay province, where heavy rains mixed with volcanic ash from slopes of the Mayon volcano, caused
Critics say President Gloria Arroyo is using tactics similar to those imposed by former dictator Ferdinand Marcos
Opposition leaders remain short of the 79 votes required to send impeachment to Senate
Opposition lawmakers claim they are only a few votes short, and there is still hope of reaching magic number of 79 by Monday
Top financial officials say currency exchange system will be reformed when conditions are right
Court rules company must immediately comply with EU sanctions forcing it to change its commercial practices and to sell a stripped-down
But analysts say a future storm is brewing because President Gloria Macapagal Arroyo's ability to govern has been badly damaged
About 1,600 Vietnamese refugees, who fled their nation more than 16 years ago, finally making their way to US
Decision puts lot of pressure on Grand Duchy at time of political crisis in Europe
Large budget deficits is other main concern
Washington, Brussels agreed in January to try to negotiate an agreement to eliminate subsidies by April 11
Secretary-General Jaap de Hoop Scheffer says international organizations must help out in region
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