Philippines Air Lines

Rescuers free a vehicle pinned down by a collapsed billboard in Manila. Typhoon Xangsane has ploughed into the Philippines, killing at least 16 people and leaving dozens missing as it ripped down power lines and cut off electricity for tens of millions of residents.Typhoon leaves 16 dead, 12 missing in Philippines (TODAYonline)

HSBC in the Philippines retained its No. 1 ranking in Asiamoneys 2006 Foreign Currency (FX) Polls, a position it has held since 1996.Briefly noted. (Manila Bulletin)

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