Philippines

Overseas remittances in January flat at 1.2 billion dollars

Overseas remittances in January flat at 1.2 billion dollars Manila - Remittances from overseas Filipinos rose a mere 0.1 per cent in January as the global economic crisis plunged many countries into recession, the government said Monday.

Central bank governor Amando Tetangco said remittances in January reached 1.265 billion dollars, barely higher than 1.264 billion dollars sent home in the same month last year.

Leader of Red Cross kidnappers wounded in fighting in Philippines

Leader of Red Cross kidnappers wounded in fighting in Philippines Manila  - Fighting erupted Monday between Philippine troops and Muslim militants holding captive three international Red Cross staff on a southern island, wounding the leader of the kidnappers, the military said.

The fighting erupted when the Abu Sayyaf rebels tried to break through a cordon of government soldiers in Indanan town on Jolo island, 1,000 kilometres south of Manila.

Philippine shares fall 4.65 per cent amid continued uncertainties

Two communist rebels killed in eastern Philippine clash

Two communist rebels killed in eastern Philippine clash

Palestinians agree to prohibit internal violence

Palestinians agree to prohibit internal violenceGaza City  - Palestinian reconciliation negotiators in Cairo signed an agreement to prohibit fighting or the use of weapons to settle internal disputes, a Palestinian academic said Saturday.

The agreement was ratified as rival Palestinian factions continued intense talks to reach an agreement on broader issues such as the formation of a unity government to replace the Hamas-led government in the Gaza Strip and the Western-backed government in the West Bank formed by President Mahmoud Abbas of the Fatah movement.

Three teachers kidnapped in southern Philippines

Three teachers kidnapped in southern PhilippinesZamboanga City, Philippines  - Three public school teachers were seized by unidentified gunmen in the southern Philippines, the latest in a string of kidnapping in the area, a military spokeswoman said Saturday.

First Lieutenant Esteffani Cacho said the teachers were riding a motorized boat when gunmen in another boat seized them off Naga town in Zamboanga Sibugay province, 990 kilometres south of Manila, Friday afternoon.

"The navy has already deployed ships for possible maritime interjection," she said.

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