1.   Officials says the package will probably include deregulating certain sectors of the economy, providing hard-hit businesses with tax breaks.

2.   Another dealer with the foreign brokerage said banking stocks were in singled out on talks that the government is likely to announce some more steps for deregulating the sector.

3.   Recent landmark legislation deregulated the sector and authorized long-distance telephone companies to compete in local markets.

4.   Some telecommunications firms that have sprung up as the Philippines partially deregulates the sector are likely to fail in the oversaturated market, a top official told AFP.