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Rank of the Philippine Stock Exchange (PSE) in the 2012 Market Highlights report of the World Federation of Exchanges’ list of the world’s top performing markets. The local bourse posted a 38.9% surge in its market capitalization last year, outpaced only by the stock exchanges in Turkey and Thailand.
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Closing of the stock market index on Thursday, February 28, 2013. This marks the 22nd record close for 2013 and the 83rd all-time high during the Aquino administration.
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The net income of the Energy Development Corporation (EDC) in 2012, which is 89% higher than last year’s net income of P5.24 billion. The EDC is the geothermal arm of the Philippine National Oil Company (PNOC).
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Amount the Social Security System (SSS) has released for educational loans last year. The amount went to more than 12,000 college and vocational-technical students across the country.
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"Remember: EDSA is not just the victory of a few personalities or of the many Filipinos who took their protest to the streets. EDSA is the victory of a nation--a people who, together, clamored and fought hard for freedom, dignity, and justice."
- President Benigno S. Aquino III, in a speech during the 27th Anniversary of the EDSA People Power Revolution, February 25, 2013
Click here to read the full speech
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“Daang Matuwid means a level playing field for all. By aggressively pursuing these cases, we want to tell smugglers and tax evaders they must play fair if they want to do business in the Philippines.”
- Finance Secretary Cesar V. Purisima on the Aquino administration’s aggressive efforts to go against smugglers and tax evaders
Click here to read the full statement
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“When we invest in education, we also address a host of other socioeconomic challenges that trigger conflict. With education, we spread the light of understanding and solidarity among people.”
- Education Secretary Armin A. Luistro, FSC on DepEd’s additional grant for private muslim schools in the Philippines
Click here to read the full press release
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“This is a testament to what we have been saying that the Philippines is now indeed in the global radar for investments and these numbers prove our worth as a viable investment destination.”
- Philippine Stock Exchange President and Chief Executive Officer Hans B. Sicat on the most recent 2012 Market Highlights report released by the World Federation of Exchanges
Click here to read the full press release
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THIS WEEK IN HISTORY
On February 25, 1986, President Corazon C. Aquino takes her oath as President of the Philippines after the bloodless EDSA revolution. Her assumption to the Presidency marks the end of dictatorship in the Philippines and the restoration of democracy.
Click here to view our feature page on the 27th anniversary of the EDSA revolution.
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