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COPYRIGHT 2007 Asia Pulse Pty Ltd
An executive briefing on the economies of Asia for June 21, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia based wire with exclusive news, commercial intelligence and business opportunities.
SOUTH KOREA TO EASE RURAL RESTRICTIONS TO HELP FARMERS
SEOUL - The South Korean government said Thursday it plans to ease rural development restrictions to allow farmers to cope with an expected drop in agricultural output after a free trade pact with the United States goes into effect.
In a meeting attended by President Roh Moo-hyun, agricultural experts and farmers in Gimje, North Jeolla Province, the government said it is moving to allow farmers to use their land so they can take part in joint business ventures with outside investors.
PHILIPPINE CABINET EXEC CALLS FOR UNITY TO MOVE NATION FORWARD
MANILA - The Arroyo administration is calling for unity among local and national leaders and the entire Filipino nation to build on economic gains and move the nation forward.
This was announced by Presidential Management Staff chief Cerge Remonde in a meeting with the Multi-Sectoral Anti-Corruption Council (MSACC), the Embassy of the Czech Republic, Moral Recovery Europe 2007, Office of the Ombudsman and the Knights of Rizal (KOR) during the Rizal Forum Exhibit at the University of the Philippines-Diliman recently.
PHILIPPINES EYES HIGHER END-2007 INT'L RESERVES OF US$26.6 BLN
MANILA - The Bangko Sentral ng Pilipinas (Central Bank of the Philippines) on Wednesday increased its projection for the country's gross international reserves (GIR), which is expected to reach US$26.6 billion at the end of the year.
Governor Amando Tetangco Jr. told reporters...
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