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Business 14 Mar 2005 | 12:00 AM

Philippine shares end lower on Monday

Philippine shares ended lower Monday, as fund managers liquidated their holdings to raise funds for the initial public offering of holding group SM Investments.

Analyst Reports 14 Mar 2015 | 12:00 AM

Waste a lot, want a lot

THE Economist reported recently that the Government Accountability Office of the United States paid over US$3mil in subsidies to 2,300 farms where no crops of any sort were grown.