PENANG, Malaysia, Aug. 19 (AFP — The World Health Organization (WHO) urged Southeast Asian nations to carefully weigh the public health risks of liberalization of tobacco trading under the ASEAN free trade agreement (FTA).
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LONDON (AP) — Crude oil prices passed US$49 per barrel on Friday, striking fresh record levels amid heightened concern about supplies in Iraq, and doubts over how much extra crude could be pumped anytime soon to ease the price surge.
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Expecting “brisker” volume of business in the last two quarters of the year, businessmen remains optimistic that the government will achieve its economic growth target this year of 4.9 to 5.8 percent of gross domestic product despite constraints such as continuing oil price increases and hits to the
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The upstart players in the oil industry are strongly batting that they be given fair hearing when it comes to posting reasonable return on their sunk costs; as they decried allegations that they have been overcharging consumers through their pump price adjustments.
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The peso closed slightly higher at P55.72 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P55.76 the previous day. The weighted average rate appreciated to P55.795 from P55.809. Total volume amounted to $123.5 million.
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