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ADB backs free trade amid protectionism threats

NADI, Fiji --- The Asian Development Bank (ADB) sees free trade as key to sustainable economic growth, such that the Manila-based multilateral lender supports moves to combat protectionism, its president Takehiko Nakao said Friday. "Economic growth in the region remains solid, while there is much discussion about a slowdown and uncertainties in the global economy. Domestic consumption and investment have provided a strong growth foundation. In some countries, growth is even accelerating. Countries need to continue to pursue prudent macroeconomic policies, implement structural reforms, and invest in human capital and infrastructure," Nakao told the governors who represent its 68 me...

Keep on reading: ADB backs free trade amid protectionism threats

from INQUIRER.net http://bit.ly/2VIitGc

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Motorcyclist dead in Lucena collision

LUCENA CITY ---- A motorcyclist running against a one-way street died after he collided with another motorcycle in Lucena City early Friday....