Quick Philippine News (1-23-08)
* Canadian miner Boxxer Gold Corp. announced that it had completed raising $150,000 (about P6 million) to pursue a pre-feasibility study of the Nalesbitan gold deposit in the southeastern province of Camarines Norte. (via Inquirer)
* Pepsi-Cola Products Philippines Inc., local bottler of the world’s second-largest soft-drink maker, set its initial public offering price at the low end of its range, raising 4 billion pesos ($98 million) for itself and selling shareholders. (via Bloomberg)
* President Gloria Macapagal Arroyo fired the country’s aviation chief and ordered improvements in air safety standards within three months, after a U.S. aviation watchdog limited U.S.-bound flights by the country’s largest carrier. (via Chron)
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