Philippine government' debt hits €126.17bn as of October
Manila - XINHUA
The Philippine government's debt reached 5.65 trillion pesos (126.17 billion U.S. dollars) as of end-October 2013, the Bureau of Treasury said Wednesday. The bureau said the figure is 5.4 percent higher than the 5.36 trillion pesos (119.69 billion U.S. dollars) registered last year. The hike in the Philippine national government debt was attributed to a 10.5-percent increase in domestic loans during the period. The bureau said 66 percent of debts incurred by the national government was sourced from domestic creditors while 34 percent came from foreign lenders. The government said this is consistent with its policy of reducing the share of external debt to minimize foreign exchange risks.
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Buenos Aires - AFP
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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