Manila - The Philippines downgraded on Wednesday its economic growth target for 2009 due to the severe impact of the global slowdown, a senior official said.
Socio-Economic Planning Secretary Ralph Recto said the growth target for 2009 was revised to between 3.7 per cent and 4.4 percent from the previous forecast of between 3.7 per cent and 4.7 per cent.
In 2008, the Philippines' gross domestic product (GDP) grew 4.6 per cent, way below the three-decade high growth of 7.1 per cent in 2007.
Manila - Five government soldiers and 11 communist rebels were killed in clashes that erupted when troops raided a guerrilla camp in the southern Philippines, an army spokesman said Monday.
One soldier and 12 guerrillas were also wounded in the fighting on Sunday in Quezon town in Bukidnon province, 855 kilometres south of Manila, according to Major Michele Anayron.
Anayron said troops swooped down on a rebel camp in the village of Santa Cruz, triggering a four-hour gunbattle that killed one soldier and five guerrillas.
Manila - Thousands of people in the western Philippines are in danger of losing their livelihoods with the trade in live reef fish bound for expensive seafood restaurants in China facing imminent collapse, the World Wide Fund for Nature (WWF) warned Monday.
The international environmental group said 60 per cent of all fish taken from the reefs around Palawan province, 600 kilometres south-west of Manila, were now juveniles, a good indication that "it has been highly overfished."