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PHILIPPINE NEWSPAPER HIGHLIGHTS - FEB 1, 2001.

AsiaPulse News

| February 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MANILA, Feb 1 Asia Pulse - Highlights of today's newspapers:

MALAYA

- The dramatic but peaceful transition of governments changed business outlook from pessimistic to optimistic within a short span of one week according to a survey done by Makati Business Club.

TODAY

- Finance Secretary Alberto Romulo has ordered a "review of a P10-billion loan granted by Philippine Deposit Insurance Corp. to Lucio Tan-controlled Philippine National Bank presumably at the behest those in power the Estrada administration.

BULLETIN

- Foreign fund managers have apparently taken a second look on the Philippines as a potential investment sanctuary following the peaceful transition of power as reflected by the positive $15.6 million net inflow of portfolio investments otherwise known as "hot money" ...

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Source: HighBeam Research, PHILIPPINE NEWSPAPER HIGHLIGHTS - FEB 1, 2001.

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