PRESS DIGEST - Philippine newspapers - June 29

MANILA, June 29 (Reuters) - These are the leading stories in Manila newspapers on Monday. Reuters has not verified these stories.

- Paracetamol and a good decongestant can manage the symptoms of the A(H1N1) flu, a Department of Health official said (PHILIPPINE DAILY INQUIRER)

- President Gloria Macapagal Arroyo will not slow down on her foreign trips despite criticism over their necessity and expense, a Palace official said (THE PHILIPPINE STAR)

- At least 20 members of the cabinet are likely to quit to seek elective positions at the 2010 polls, cabinet sources said (MANILA STANDARD TODAY)

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BUSINESS

- The Philippine central bank believes inflation can go lower than 1 percent year-on-year in the third quarter, deputy governor Diwa Guinigundo said (MALAYA)

- Fast-food giant Jollibee Foods (JFC.PS) is expanding in the Middle East with two new restaurants planned in Qatar (THE PHILIPPINE STAR)

- JG Summit (JGS.PS) may sell between 5-10 billion pesos worth of debt in the domestic market to boost its working capital, banking sources said (PHILIPPINE DAILY INQUIRER)

($1 = 48.30 Philippine pesos)

(Reporting by Karen Lema)