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• Philippines Says Wanted Leftist Rebel Leader Arrested (Nasdaq)
  Thu, 04 Dec 2008 04:08:44 GMT
  MANILA (AFP)--Police said Thursday they have arrested a wanted senior communist guerrilla leader who operated in the northern Philippines. Edgar Molina, who carried a PHP1 million ($20,340) bounty on his head, was arrested near the mountain town of Lacub earlier this week, a police statement said.
  
  
• Philippines backs Thai delay of ASEAN summit (Yehey!)
  Thu, 04 Dec 2008 02:47:51 GMT
  Manila, December 3, 2008 (AFP) - The Philippines on Wednesday hailed Thailand's decision to push back by three months the next Association of Southeast Asian Nations summit, which Bangkok had earlier pledged to host this month before it was plunged into political turmoil.
  
  
• Philippines project on hold to preserve cash: Australian miner (Yehey!)
  Thu, 04 Dec 2008 02:49:57 GMT
  Manila, December 3, 2008 (AFP) - Australian miner OceanaGold Corp. said Wednesday it has placed its Didipio gold-copper project in the Philippines on hold because of deteriorating market conditions.
  
  
• Five soldiers killed in communist rebel attack in Philippines (AFP via Yahoo! News)
  Wed, 03 Dec 2008 08:23:33 GMT
  Five soldiers were killed and four wounded in a communist guerrilla ambush in the southern Philippines after a fresh attempt to restart peace talks collapsed, authorities said Wednesday.
  
  
• Philippines says wanted leftist rebel leader arrested (AFP via Yahoo! Singapore News)
  Thu, 04 Dec 2008 03:33:00 GMT
  Police said Thursday they have arrested a wanted senior communist guerrilla leader who operated in the northern Philippines.
  
  
• Fitch Affirms Ratings of Development Bank of the Philippines (Thaipr.net)
  Thu, 04 Dec 2008 02:53:24 GMT
  Fitch Ratings has today affirmed the Development Bank of the Philippines' (DBP) ratings as follows: Long-term foreign currency Issuer Default Rating (IDR) at 'BB', Long-term local currency IDR at 'BB+
  
  
• OceanaGold Philippines project on hold (Sydney Morning Herald)
  Wed, 03 Dec 2008 19:49:53 GMT
  Australian miner OceanaGold says it has placed its Didipio gold-copper project in the Philippines on hold because of deteriorating market conditions.
  
  
• Philippines project halts in uncertain times (The Age)
  Wed, 03 Dec 2008 13:11:08 GMT
  Oceanagold has stopped development work on its $US320 million ($A496 million) Didipio gold-copper project in the Philippines after the global financial crisis shut off its financing options for the development.
  
  
• Goldminer mothballs huge Philippines site (The New Zealand Herald)
  Wed, 03 Dec 2008 15:38:03 GMT
  New Zealand's biggest goldminer is effectively mothballing its huge gold-copper mining site at Didipio in the northern Philippines province of Nueva Vizcaya.
  
  
• Philippines: Radio Journalist Gunned Down (Sin Chew Jit Poh)
  Wed, 03 Dec 2008 07:41:55 GMT
  MANILA, PHILIPPINES: A radio commentator was shot dead as he was leaving work, becoming the eighth journalist killed in the Philippines this year, police said Wednesday (3 Dec).