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Money
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GALLERY
 

LETTUCE are grown the organic way at the demonstration farm.

JOSE CUISIA JR.

NAGA CITY’S business tycoon Robert Lee Obiedo has investments in many fields, including real estate and trading. JAN REV DAVILA/INQUIRER SOUTHERN LUZON

Unemployment fell to 7.5 percent in April from 8.0 percent a year earlier, according to government figures released Tuesday. Graph by BERNADETTE GARCIA/INQUIRER.net

SLIGHT INCREASE. Remittances from overseas Filipino workers, a key pillar of the country\'s economy, reached $1.442 billion in April, up 2.2 percent from a year ago, government figures show. Graph by BERNADETTE GARCIA/INQUIRER.net

Exports slumped 35.2 percent in April from a year earlier, deeper than a 30.8 percent fall in the previous month, the National Statistics Office says. Shipments of electronics products also plunged 33.2 percent in April from a year earlier after a 33.8 percent contraction in March. Graph by BERNADETTE GARCIA/INQUIRER.net

LOWEST RATE: The rate of increase of consumer prices continued to dip in May, settling at an 18-month low of 3.3 percent year-on-year from 4.8 percent in April, the National Statistics Office says.

LOWEST GROWTH. The country is teetering towards a recession after first quarter output was pegged at 0.4 percent due to the global financial crisis. Graph by BERNADETTE GARCIA/INQUIRER.net

G-8 fund eyed for 2 food production projects
by Riza T. Olchondra

The Department of Agriculture is enlisting the United States’ help in getting G-8 funding for two food security projects worth a total of $140 million.

FULL STORY


Breaktime
Water under the bids
by Conrado Banal III

ALL OF A SUDDEN, EVERYBODY SEEMS TO be making noise about the $1-billion Laiban dam project, which has been in the making for the past 40 years.

FULL STORY



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BREAKING NEWS
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11:48PM 'Big 3' to raise oil prices Tuesday
09:45PM 'Funny People' has last laugh at box office
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08:10PM CPP founder: Aquino was true to her word
08:09PM Traders see parallels between 1983 and 2009
07:42PM Aquino remains arrive at Manila Cathedral
07:37PM Palace sees ‘crisis’ if JBC insists on list
07:34PM Catholic Church breaks protocol for Aquino
07:31PM 22 dead or missing in floods, landslides
Earlier Breaking News » imns

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