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Recto, ex-PhilHealth chief cleared of plunder, graft raps

MANILA, Philippines — The Office of the Ombudsman has junked the plunder, graft, and malversation complaints filed against Executive Secretary Ralph Recto and former chief executive officer of the Philippine Health Insurance Corp. (PhilHealth) Emmanuel Ledesma for lack of evidence. In a consolidated resolution dated June 2 and furnished to the media only on Tuesday,

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Unemployment falls below 5 percent in April

MANILA, Philippines — The country’s labor market held up better than expected in April as unemployment fell below 5 percent for the first time this year, although a surge in underemployment pointed to mounting pressure on workers amid the oil price shock. Preliminary data from the Philippine Statistics Authority (PSA) showed the number of jobless

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