PRESS DIGEST - Philippine newspapers - June 23
MANILA, June 23 (Reuters) - These are the leading stories in Manila newspapers on Tuesday. Reuters has not verified these stories.
- The Department of Justice approved the filing of criminal charges against an official of Sulpicio Lines Inc and the captain of the MV Princess of the Stars more than a year after the ship sank and killed 500 people. (ALL PAPERS)
- Government troops killed 10 Moro Islamic Liberation Front rebels in a clash in Maguindanao province in the southern Philippines, a military spokesman said. (THE PHILIPPINE STAR, MALAYA)
- The Philippines announced its first A(H1N1) fatality, a 49-year old Filipina with a lingering heart ailment. (ALL PAPERS)
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BUSINESS
- The World Bank expects the Philippines to hit "outright recession" this year with gross domestic product shrinking by 0.5 percent before recovering to a 2.4 percent growth in 2010 and 4.5 percent in 2011. (ALL PAPERS)
- Remittances from the United States declined by 10 percent in the first four months of the year, but year-to-date remittance inflows were up 2.6 percent from the same period in 2008, central bank data showed. (MALAYA, THE PHILIPPINE STAR)
- Australia-listed Royalco Resources Ltd (RCO.AX) is scouting for gold and copper prospects in several locations in the Philippines, a company official said. (MANILA STANDARD TODAY)
($1 = 48.47 Philippine pesos)
(Reporting by Karen Lema)
