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PHILIPPINE NEWSPAPER HIGHLIGHTS - JUNE 1, 2004.

AsiaPulse News

| June 01, 2004 | COPYRIGHT 2004 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, June 1 Asia Pulse - Highlights of today's newspapers:

THE MANILA TIMES:

- The Department of Agriculture has rejected the plea of local meat processors to lift Administrative Order No. 39 or the veterinary quarantine clearance as a requirement on meat importation.

- Digitel Telecommunications (Phils.) Inc. of the Gokongwei group is expecting losses to hit a high this year as the company continues to expand its wireless business in order to keep up with rivals.

- Economic growth in the Asia-Pacific will continue to outpace the rest of the world in the next five years but a Chinese slowdown looms as a genuine threat to the region, the Economist Intelligence Unit said.

- FedEx Express has signed an extension of its lease in Subic Bay for three additional years, the company said in a statement issued on Monday.

- Trade officials have asked retailers to keep the prices of school supplies low after it noticed that some products have become costlier by 5 to 10 per cent as compared with last year's prices.

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Source: HighBeam Research, PHILIPPINE NEWSPAPER HIGHLIGHTS - JUNE 1, 2004.

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