Quick Philippine News – 2.25.08

What’s happening in the  Philippines this week?

Smart buys two telecom firms for P420M. The two companies acquired by Smart are Communications Holdings Corp. and Francom Holdings Inc., which were controlled by an investor group led by former trade secretary Roberto Ongpin.

Mindanao exports grow 23% in 2007.  The rise in coconut oil industry and bananas were both responsible for the junk of revenu8e.

Two bombs blew off in Zamboanga City. Two separate incidents of bombing happened in Zamboanga City yesterday evening. (Watch the video)

Diether Ocampo and Kristine Hermosa break up (again). Diether Ocampo confirmed reports taht he broke up with his long-time, on-off-on girlfriend Kristine Hermosa.

 

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