Philippine Business Directory

DAVOS — Fear of protectionism stalked the Davos meeting, with government and business leaders stressing the danger that the next phase of the economic crisis could be government policies that crimp trade.

MOSCOW — Twenty-three people died Saturday when a major fire engulfed a village retirement home in northern Russia’s remote Komi Republic, a local government spokeswoman said.

CEBU CITY — Over 300 families were homeless after a fire razed some 100 shanties in a densely populated village in Cebu City on Saturday afternoon.

BEIJING — Fifteen people were killed while 20 others were injured, three of them seriously, in a blaze set off by fireworks inside a bar in southeast China, state media reported Sunday.

ROME, Italy – Pope Benedict XVI said Saturday society should pull together while dealing with the global financial crisis, as he met with Italian union officials.

DAVOS, Switzerland – Japanese Prime Minister Taro Aso pledged 1.5 trillion yen (17 billion dollars) in aid to other Asian countries on Saturday as leaders wrapped up the Davos forum after four days of agonizing about the world economy.

WASHINGTON – US President Barack Obama praised Iraq’s provincial elections on Saturday as an “important step forward” for the future of the country.

MANILA, Philippines – President Gloria Macapagal-Arroyo urged the United States to “do something” to reverse the global recession, as she called on developed nations to give developing countries a “bigger” say in running the world economy.

MANILA, Philippines—Chot Reyes doesn’t believe that he needs to press the panic button just about now.

MANILA, Philippines—His memory is as sharp as his fabled shooting touch. To this day, South Korean basketball legend Shin Dong Pa still remembers great Filipino players of the past, and even the exact score when his national team stunned the Philippines in a championship match 40 years ago.