Bosworth says Seoul stopover 'no accident' en route to N. Korea

December 7, 2009 12:30 pm· Comments Off 

By Lee Chi-dong

SEOUL, Dec. 7 — The U.S. envoy on North Korea, Stephen Bosworth, held a series of last-minute consultations with top South Korean officials Monday, the eve of his high-stakes trip to North Korea.

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S. Korea's economy maintains improvement trend: KDI

December 7, 2009 12:30 pm· Comments Off 

SEOUL, Dec. 7 — The South Korean economy is maintaining its "improvement trend" as exports and domestic consumption rebound amid stabilizing markets at home and abroad, a state-run think tank said Monday.

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S. Korean IPO market estimated to reach 10 tln won next year

December 7, 2009 12:30 pm· Comments Off 

SEOUL, Dec. 7 — The initial public offering market (IPO) in South Korea may see its value soar to 10 trillion won (US$ 8.6 billion) next year, when several high-profile life insurers plan to go public, analysts said Monday.

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S. Korea to inject 58B won to development of chip manufacturing equipment

December 7, 2009 12:30 pm· Comments Off 

SEOUL, Dec. 7 — The South Korean government and private sector will jointly inject 58.4 billion won (US$ 50.5 million) over the next three years into building up the local semiconductor manufacturing equipment sector, government officials said Monday.

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Global shipping sector forecast to maintain mild recovery next year: report

December 7, 2009 12:30 pm· Comments Off 

SEOUL, Dec. 7 — The worldwide shipping industry, which suffered a severe downturn due to the economic slump, is expected to see a steady recovery next year on the back of increasing trade volume and an eased oversupply of vessels, a South Korean institute said Monday.

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RP firms continue to invest in technologies despite global economic slowdown

December 7, 2009 12:30 pm· Comments Off 

By Leslie D. Venzon

MANILA, Dec. 7 — Philippine businesses continue to invest in technologies despite the economic slowdown to gain competitive edge once the global economy attains full recovery.

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Global economy not yet out of woods, WTO chief says

December 7, 2009 12:30 pm· Comments Off 

SEOUL, Dec. 7 — While progress has been made by the governments worldwide to deal with the worst global downturn in decades, the chief of the World Trade Organization said Monday the worst of the slump is not over.

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Comprehensive treatment plan for Filipinos HIV positive sought

December 7, 2009 12:30 pm· Comments Off 

BY Mike dela Rama

LEGAZPI CITY, Dec. 7 — Amidst the specter of being categorized as a “low prevalence” country, the Philippines continues to experience an increase in the number of human-immuno deficiency virus (HIV) cases diagnosed on a monthly basis.

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Razon: Maguindanao ML nothing to do with peace talks with MILF

December 7, 2009 11:28 am· 1 Comment 

MANILA, Dec. 7 -– President Gloria Macapagal-Arroyo’s declaration of martial law in Maguindanao has nothing to do with the forthcoming peace talks with the Moro Islamic Liberation Front, according to a former senior Cabinet official on Monday.

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Today in History

December 7, 2009 11:28 am· Comments Off 

December 7, 1830

MANILA, Dec. 7 -— On December 7, 1830, Ambrosio Rianzares Bautista, lawyer and Gen. Emilio Aguinaldo’s confidante, was born in Biñan, Laguna.

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