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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: Lee who wrote (89689)	1/19/1999 9:21:00 AM
From: Mohan Marette	Read Replies (1) of 176387

<Asian Economy > Philippines GDP to grow 3-3.5% in 99. Good morning Lee: How is this for recovery,huh? ============================================= (Source:Asia Pulse) PHILIPPINES ECONOMY EXPECTED TO GROW 3-3.5% IN 1999 MANILA - The government expects the economy to recover and grow by 3.0 to 3.5 percent in 1999 with an improvement in agricultural and industrial output and the stability of the exchange rate. The National Economic and Development Authority (NEDA) noted that for this year, a P23-billion budget (US$596 million), from P19 billion in 1998, is expected to support agriculture modernisation and agrarian reform. Socio-economic Planning Secretary and NEDA chief Felipe M. Medalla said the peso had stabilised and would probably move in a small range (between 39 and 40) against the US dollar in 1999. Medalla said an additional fiscal stimulus package of about P21.4 billion was intended to stimulate the economy. 203.63.165.110

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