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‘Senate presidency, not federalism, real target’ 5/1/2008 7:00 PM ET
Behind all that Charter Change (Cha-cha) talk and the Senate resolution
on amending the Constitution at this time to usher in federalism is the
agenda of changing the Senate leadership, congressmen yesterday
speculated. Another said all the senators want is for each to be the state
premiers in their region.
Speaker Prospero Nograles, for his part, said he is ready to sit down with
the senators and discuss the Cha-cha move focusing on federalism but
was firm about these changes to come about only after 2010. [DETAILS]
Behind all that Charter Change (Cha-cha) talk and the Senate resolution
on amending the Constitution at this time to usher in federalism is the
agenda of changing the Senate leadership, congressmen yesterday
speculated. Another said all the senators want is for each to be the state
premiers in their region.
Speaker Prospero Nograles, for his part, said he is ready to sit down with
the senators and discuss the Cha-cha move focusing on federalism but
was firm about these changes to come about only after 2010. [DETAILS]
Workers press 'GMA, resign' call Demand P125 pay hike, tax
exemption 5/1/2008 6:00 PM ET
WHILE lacking the usual heated and sometimes physical confrontation
between labor protesters and policemen, the traditional Labor Day rallies
yesterday were marked with the same call - 'Gloria, resign!' The
workers also called for a P125 across-the-board increase in wages and
the scrapping of the value-added tax. [DETAILS]
exemption 5/1/2008 6:00 PM ET
WHILE lacking the usual heated and sometimes physical confrontation
between labor protesters and policemen, the traditional Labor Day rallies
yesterday were marked with the same call - 'Gloria, resign!' The
workers also called for a P125 across-the-board increase in wages and
the scrapping of the value-added tax. [DETAILS]
Hanjin’s bribe offer bared; mayor scolded
5/2/2008 3:30 PM ET
Hanjin Heavy Industries and Construction Corp., the South Korean firm
embroiled in the controversial construction of condominium units in the
forest reserve area in Subic, is in for more serious problems as the
company earned the ire of Senate probers again, this time stemming
from a reported bribe offer to a local official in Mindanao.
Reports said the Korean firm allegedly offered a P400-million contract to a
municipal mayor in Misamis Oriental in exchange for a reversal of his
order stopping the construction of a $2-billion shipyard which had not
secured the necessary permits. [DETAILS]
5/2/2008 3:30 PM ET
Hanjin Heavy Industries and Construction Corp., the South Korean firm
embroiled in the controversial construction of condominium units in the
forest reserve area in Subic, is in for more serious problems as the
company earned the ire of Senate probers again, this time stemming
from a reported bribe offer to a local official in Mindanao.
Reports said the Korean firm allegedly offered a P400-million contract to a
municipal mayor in Misamis Oriental in exchange for a reversal of his
order stopping the construction of a $2-billion shipyard which had not
secured the necessary permits. [DETAILS]
NFA has imported enough rice: GMA 5/2/2008 3:00 PM ET
MALACAÑANG yesterday said the Philippines has already enough to cover
its 10 percent supply gap and that it is buying more rice only for "buffer
stocks."
President Arroyo, in a speech during the general assembly of the
Federation of Philippine Industries, said the country has concluded
contracts with Thailand, Vietnam, and other Asian countries for 1.2 million
metric tons of rice, "enough to cover the 10 percent differential which is
our production and consumption." [DETAILS]
MALACAÑANG yesterday said the Philippines has already enough to cover
its 10 percent supply gap and that it is buying more rice only for "buffer
stocks."
President Arroyo, in a speech during the general assembly of the
Federation of Philippine Industries, said the country has concluded
contracts with Thailand, Vietnam, and other Asian countries for 1.2 million
metric tons of rice, "enough to cover the 10 percent differential which is
our production and consumption." [DETAILS]
Ex-Justice chief Nani Perez, 3 others arraigned today
5/4/2008 2:00 PM ET
Former Justice Secretary Hernando “Nani” Perez will make his first public
appearance Monday after being indicted by his former subordinate and
now Ombudsman Merceditas Gutierrez before the anti-graft court
Sandiganbayan.
The Second Division of the Sandigan-bayan headed by Justice Edilberto
Sandoval has ordered Perez to appear today before the anti-graft court
for his arraignment along with his co-accused on charges of robbery-
extortion. [DETAILS]
5/4/2008 2:00 PM ET
Former Justice Secretary Hernando “Nani” Perez will make his first public
appearance Monday after being indicted by his former subordinate and
now Ombudsman Merceditas Gutierrez before the anti-graft court
Sandiganbayan.
The Second Division of the Sandigan-bayan headed by Justice Edilberto
Sandoval has ordered Perez to appear today before the anti-graft court
for his arraignment along with his co-accused on charges of robbery-
extortion. [DETAILS]
Arroyo joins Garcia in taking on Meralco
5/4/2008 2:00 PM ET
PRESIDENT Arroyo has urged business groups to join forces with the
government in a “tough legal fight” against the Manila Electric Co. to stop
the Lopez-controlled group from charging its system losses to consumers
and to bring down its distribution charges.
Mrs. Arroyo yesterday expressed impatience over Meralco’s slow pace in
lowering power rates, saying state-owned National Power Corp. had
already lowered its generation charges on the biggest distributors of
electricity. [DETAILS]
5/4/2008 2:00 PM ET
PRESIDENT Arroyo has urged business groups to join forces with the
government in a “tough legal fight” against the Manila Electric Co. to stop
the Lopez-controlled group from charging its system losses to consumers
and to bring down its distribution charges.
Mrs. Arroyo yesterday expressed impatience over Meralco’s slow pace in
lowering power rates, saying state-owned National Power Corp. had
already lowered its generation charges on the biggest distributors of
electricity. [DETAILS]
675,000-ton rice tender scrapped, Lone seller found not qualified
5/5/2008 2:00 PM ET
THE Philippines yesterday scrapped a tender for 675,000 tons of rice but
set an auction for 163,000 tons for the private sector later in the week.
Vietnam’s state-owned Vinafood II, the sole bidder at the tender, failed
to supply a bank guarantee, said Ludovico Jarina, deputy administrator of
the National Food Authority. [DETAILS]
5/5/2008 2:00 PM ET
THE Philippines yesterday scrapped a tender for 675,000 tons of rice but
set an auction for 163,000 tons for the private sector later in the week.
Vietnam’s state-owned Vinafood II, the sole bidder at the tender, failed
to supply a bank guarantee, said Ludovico Jarina, deputy administrator of
the National Food Authority. [DETAILS]
Meralco management change target — Garcia
5/5/2008 2:30 PM ET
Where earlier he categorically denied government’s plan to wrest control
of Manila Electric Co., Winston Garcia, president of cash-rich state
pension fund Government Service Insurance System (GSIS), openly spoke
yesterday of “changing the present management” of dominant power
distributor Meralco. [DETAILS]
5/5/2008 2:30 PM ET
Where earlier he categorically denied government’s plan to wrest control
of Manila Electric Co., Winston Garcia, president of cash-rich state
pension fund Government Service Insurance System (GSIS), openly spoke
yesterday of “changing the present management” of dominant power
distributor Meralco. [DETAILS]
Mikey joins fray, sets probe for top-level Meralco revamp
5/6/2008 3:40 PM ET
The campaign being waged by President Arroyo against the Lopez family
which controls management in dominant power distributor Manila Electric
Co. (Meralco) has evolved into a clan war after Pampanga Rep. Juan
Miguel “Mikey” Arroyo, the presidential son, was reported to be readying
a congressional inquiry into the possibility of a management change in
the power firm. [DETAILS]
5/6/2008 3:40 PM ET
The campaign being waged by President Arroyo against the Lopez family
which controls management in dominant power distributor Manila Electric
Co. (Meralco) has evolved into a clan war after Pampanga Rep. Juan
Miguel “Mikey” Arroyo, the presidential son, was reported to be readying
a congressional inquiry into the possibility of a management change in
the power firm. [DETAILS]
Call center firm hiring over 5,000 RP agents
5/6/2008 3:00 PM ET
New York-based business process outsourcing company Sutherland
Global Services plans to double its workforce in the Philippines to over
10,000 within the year to support its foray into other markets in the
region. [DETAILS]
5/6/2008 3:00 PM ET
New York-based business process outsourcing company Sutherland
Global Services plans to double its workforce in the Philippines to over
10,000 within the year to support its foray into other markets in the
region. [DETAILS]
Pres. Gloria Macapagal-Arroyo appoints nine new officials
5/7/2008 1:30 PM ET
MANILA, May 7 (Pinoy Global) - Malacañang announced today the
appointment of two undersecretaries, four assistant secretaries, two
acting commissioners and a woman jail chief superintendent for the
Bureau of Jail Management and Penology (BJMP). [DETAILS]
5/7/2008 1:30 PM ET
MANILA, May 7 (Pinoy Global) - Malacañang announced today the
appointment of two undersecretaries, four assistant secretaries, two
acting commissioners and a woman jail chief superintendent for the
Bureau of Jail Management and Penology (BJMP). [DETAILS]
Gov’t to consolidate Meralco shares for oust-Lopez bid
5/7/2008 1:00 PM ET
Malacañang yesterday broadly hinted that the government is
consolidating its holdings in power giant Manila Electric Co. (Meralco) for
a major showdown with the Lopez group for management control of the
firm when its stockholders meet on May 27.
Executive Secretary Eduardo Ermita said the government will have no
match if it moves as one against the Lopezes, saying government can
take over Meralco if it chooses to do so. [DETAILS]
5/7/2008 1:00 PM ET
Malacañang yesterday broadly hinted that the government is
consolidating its holdings in power giant Manila Electric Co. (Meralco) for
a major showdown with the Lopez group for management control of the
firm when its stockholders meet on May 27.
Executive Secretary Eduardo Ermita said the government will have no
match if it moves as one against the Lopezes, saying government can
take over Meralco if it chooses to do so. [DETAILS]
Mark Asperilla, MD, Dynamic Community Leader in Florida, Is
Unanimously Selected As One Of The 2008 Twenty Outstanding
Filipinos Abroad (TOFA) 5/7/2008 3:30 PM ET
WASHINGTON, D.C., April 21 (PinoyGlobal) - Dr. Mark Asperilla of Port
Charlotte, Florida, named by then Florida Governor Jeb Bush in March 21,
2005 a "Hurricane Hero," and a recepient of Florida's Points of Light
Award, and a highly successful entrepreneur, is unanimously selected as
one of the 2008 Twenty Outstanding Filipinos Abroad (TOFA) by the TOFA
Panel Board of Judges headed by Nonoy & Aida Mendoza of the
FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL ONLINE NEWS, and
the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL FOUNDATION.
[DETAILS]
Unanimously Selected As One Of The 2008 Twenty Outstanding
Filipinos Abroad (TOFA) 5/7/2008 3:30 PM ET
WASHINGTON, D.C., April 21 (PinoyGlobal) - Dr. Mark Asperilla of Port
Charlotte, Florida, named by then Florida Governor Jeb Bush in March 21,
2005 a "Hurricane Hero," and a recepient of Florida's Points of Light
Award, and a highly successful entrepreneur, is unanimously selected as
one of the 2008 Twenty Outstanding Filipinos Abroad (TOFA) by the TOFA
Panel Board of Judges headed by Nonoy & Aida Mendoza of the
FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL ONLINE NEWS, and
the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL FOUNDATION.
[DETAILS]
Palace asks private firms to extend rice allowance
5/8/2008 5:30 PM ET
PRESIDENT Arroyo has ordered the National Food Authority, the state-run
grain importer, to encourage large companies to fill their employees’ rice
needs in the face of tight rice supplies and soaring commodity prices.
In an executive order she signed on May 2, the President said the NFA
should encourage large businesses to either produce rice or import the
grain for their employees. [DETAILS]
5/8/2008 5:30 PM ET
PRESIDENT Arroyo has ordered the National Food Authority, the state-run
grain importer, to encourage large companies to fill their employees’ rice
needs in the face of tight rice supplies and soaring commodity prices.
In an executive order she signed on May 2, the President said the NFA
should encourage large businesses to either produce rice or import the
grain for their employees. [DETAILS]
GSIS calls Meralco’s buyout offer 5/8/2008 6:30 PM ET
It looks like the Arroyo government has won the battle, after Lopez
patriarch, Oscar Lopez, chairman of First Philippine Holdings which has
the largest chunk of Manila Electric Co. (Meralco) shares, told reporters in
an interview yesterday that he was “sick and tired” of the business and
of Meralco being blamed by the Arroyo government for the high price of
electricity, stressing that Meralco is not to blame for the high prices, but
government itself. [DETAILS]
It looks like the Arroyo government has won the battle, after Lopez
patriarch, Oscar Lopez, chairman of First Philippine Holdings which has
the largest chunk of Manila Electric Co. (Meralco) shares, told reporters in
an interview yesterday that he was “sick and tired” of the business and
of Meralco being blamed by the Arroyo government for the high price of
electricity, stressing that Meralco is not to blame for the high prices, but
government itself. [DETAILS]
Dolores "Dolly" Mangati Ortal, Dynamic Commmunity Leader
of Honolulu, Hawaii, Unanimously Selected As One Of The 2008
Twenty Outstanding Filipinos Abroad (TOFA) 5/9/2008 1:30 PM ET
WASHINGTON, D.C., May 9, (PinoyGlobal) - Dolores Mangati Ortal,
Co-Owner and Vice President of Honolulu's Baptista-Ortal Realty, Inc.,
and a prominent community leader of Hawaii, is unanimously selected as
one of the 2008 Twenty Outstanding Filipinos Abroad (TOFA) by the TOFA
Panel Board of Judges headed by Nonoy & Aida Mendoza of the FILIPINO
IMAGE
MAGAZINE and the PINOY GLOBAL ONLINE NEWS, and the ROXANNE
ANDREA MENDOZA (RAM) MEMORIAL FOUNDATION. [DETAILS]
of Honolulu, Hawaii, Unanimously Selected As One Of The 2008
Twenty Outstanding Filipinos Abroad (TOFA) 5/9/2008 1:30 PM ET
WASHINGTON, D.C., May 9, (PinoyGlobal) - Dolores Mangati Ortal,
Co-Owner and Vice President of Honolulu's Baptista-Ortal Realty, Inc.,
and a prominent community leader of Hawaii, is unanimously selected as
one of the 2008 Twenty Outstanding Filipinos Abroad (TOFA) by the TOFA
Panel Board of Judges headed by Nonoy & Aida Mendoza of the FILIPINO
IMAGE
MAGAZINE and the PINOY GLOBAL ONLINE NEWS, and the ROXANNE
ANDREA MENDOZA (RAM) MEMORIAL FOUNDATION. [DETAILS]
Arroyo rejects govt takeover of Meralco 5/9/2008 1:00 PM ET
PRESIDENT Arroyo rejected proposals for a takeover of the Manila Electric
Co. after the patriarch of the Lopez clan challenged the government to
wrest control of the country’s largest power distributor.
“The President said we will not get involved in this,” chief presidential
legal counsel Sergio Apostol said at the Palace yesterday. [DETAILS]
PRESIDENT Arroyo rejected proposals for a takeover of the Manila Electric
Co. after the patriarch of the Lopez clan challenged the government to
wrest control of the country’s largest power distributor.
“The President said we will not get involved in this,” chief presidential
legal counsel Sergio Apostol said at the Palace yesterday. [DETAILS]
"Healing Priest" Father Fernando Suarez banned Bishop bars ‘healing
priest’ from diocese 5/10/2008 1:00 PM ET
MANILA, Philippines -- "Not in my turf." This was the statement on
Wednesday of Malolos bishop Jose Oliveros upon learning that Canada-
based “healing priest” Fernando Suarez plans to return to the country
this month to resume his work.
Oliveros said he can deny the priest access to his diocese in the same
manner that Suarez was banned by the Archdiocese of Toronto from
even entering its jurisdiction after he was found to have conducted
healing masses without first obtaining the permission of church
authorities there. [DETAILS]
priest’ from diocese 5/10/2008 1:00 PM ET
MANILA, Philippines -- "Not in my turf." This was the statement on
Wednesday of Malolos bishop Jose Oliveros upon learning that Canada-
based “healing priest” Fernando Suarez plans to return to the country
this month to resume his work.
Oliveros said he can deny the priest access to his diocese in the same
manner that Suarez was banned by the Archdiocese of Toronto from
even entering its jurisdiction after he was found to have conducted
healing masses without first obtaining the permission of church
authorities there. [DETAILS]
BLD - "Bukas Loob Sa Diyos" Successful Seven Years of Existence
5/10/2008 3:00 PM ET
WASHINGTON, D.C., May 10 (PinoyGlobal) - BLD Washington (Bukas Loob
Sa Diyos (Open in Spirit to God) celebrated its 7th years of existence
serving the Lord in the Metropolitan Washington area with a festive
Hawaiian Dance held last Satruday, May 3, 2008, at the Community
Center of Fort Myers Military Installation. More than 300 guests came to
the well-attended functions complete with sumptuous dinner, Hawaiian
entertainments and DJ disco dancing. [DETAILS]
5/10/2008 3:00 PM ET
WASHINGTON, D.C., May 10 (PinoyGlobal) - BLD Washington (Bukas Loob
Sa Diyos (Open in Spirit to God) celebrated its 7th years of existence
serving the Lord in the Metropolitan Washington area with a festive
Hawaiian Dance held last Satruday, May 3, 2008, at the Community
Center of Fort Myers Military Installation. More than 300 guests came to
the well-attended functions complete with sumptuous dinner, Hawaiian
entertainments and DJ disco dancing. [DETAILS]
Eusebio C. Kho, MD, Founding Member and current National
President of the UPMASA Unanimously Selected As One Of The 2008
Twenty Outstanding Filipinos Abroad (TOFA) 5/10/2008 4:00 PM ET
WASHINGTON, D.C., May 10 (PinoyGlobal) - BLD Washington (Bukas Loob
Sa Diyos (Open in Spirit to God) celebrated its 7th years of existence
serving the Lord in the Metropolitan Washington area with a festive
Hawaiian Dance held last Satruday, May 3, 2008, at the Community
Center of Fort Myers Military Installation. More than 300 guests came to
the well-attended functions complete with sumptuous dinner, Hawaiian
entertainments and DJ disco dancing. [DETAILS]
President of the UPMASA Unanimously Selected As One Of The 2008
Twenty Outstanding Filipinos Abroad (TOFA) 5/10/2008 4:00 PM ET
WASHINGTON, D.C., May 10 (PinoyGlobal) - BLD Washington (Bukas Loob
Sa Diyos (Open in Spirit to God) celebrated its 7th years of existence
serving the Lord in the Metropolitan Washington area with a festive
Hawaiian Dance held last Satruday, May 3, 2008, at the Community
Center of Fort Myers Military Installation. More than 300 guests came to
the well-attended functions complete with sumptuous dinner, Hawaiian
entertainments and DJ disco dancing. [DETAILS]
Jun Anthony Quion, TOFA 2008 Awardee, Celebrates Birthday
5/11/2008 4:00 PM ET
WASHINGTON, DC, MAY 11 (PinoyGlobal) - A big birthday bash complete
with DJ disco hip-hop dancing, sumptuous dinner, wines and lots of
camaraderie, celebrates the birthday of Dr. Jun Anthony Quion, a
cardiologist and a TOFA 2008 Awardee. Hosted by his pediatric- physician
wife, Dr. Nathalie Bernabe Quion, at their palatial residence in McLean,
guests were hip-hopping the night away. Guests were mostly from
among the members of University of the Philippines Medical Society of
America (UPMASA), Baltimore Washington Chapter; and the Ateneo De
Manila University Alumni Association DCMDVA Chapter . Jun is currently the
president of both organizations, and was past vice president of the
Philippine Medical Association in Washington, DC. [DETAILS]
5/11/2008 4:00 PM ET
WASHINGTON, DC, MAY 11 (PinoyGlobal) - A big birthday bash complete
with DJ disco hip-hop dancing, sumptuous dinner, wines and lots of
camaraderie, celebrates the birthday of Dr. Jun Anthony Quion, a
cardiologist and a TOFA 2008 Awardee. Hosted by his pediatric- physician
wife, Dr. Nathalie Bernabe Quion, at their palatial residence in McLean,
guests were hip-hopping the night away. Guests were mostly from
among the members of University of the Philippines Medical Society of
America (UPMASA), Baltimore Washington Chapter; and the Ateneo De
Manila University Alumni Association DCMDVA Chapter . Jun is currently the
president of both organizations, and was past vice president of the
Philippine Medical Association in Washington, DC. [DETAILS]
Carmencita Q. Fulgado, Ph.D., of Jamaica Estates, New York,
Accomplished Educator & Community Spearheader Selected As
One Of The 2008 Twenty Outstanding Filipinos Abroad (TOFA)
5/12/2008 12:30 PM ET
WASHINGTON, D.C., May 11 (PinoyGlobal) - Carmencita Quesada Fulgado
of Jamaica Estates, New York, an accomplished educator, community
stalwart and distinguished leader of community projects, is unanimously
selected as one of the 2008 Twenty Outstanding Filipinos Abroad (TOFA)
by the TOFA Panel Board of Judges headed by Nonoy & Aida Mendoza of
the FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL ONLINE NEWS,
and the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL FOUNDATION.
[DETAILS]
Accomplished Educator & Community Spearheader Selected As
One Of The 2008 Twenty Outstanding Filipinos Abroad (TOFA)
5/12/2008 12:30 PM ET
WASHINGTON, D.C., May 11 (PinoyGlobal) - Carmencita Quesada Fulgado
of Jamaica Estates, New York, an accomplished educator, community
stalwart and distinguished leader of community projects, is unanimously
selected as one of the 2008 Twenty Outstanding Filipinos Abroad (TOFA)
by the TOFA Panel Board of Judges headed by Nonoy & Aida Mendoza of
the FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL ONLINE NEWS,
and the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL FOUNDATION.
[DETAILS]
Rice prices continue climb for 7th day 5/13/2008 3:00 PM ET
RICE climbed for a seventh day as the Philippines and Nigeria sought
imports and US stockpiles declined, tightening global supplies after a
cyclone devastated crops in Myanmar.
Rice for July delivery has advanced 12.3 percent from its close May 1 on
speculation Myanmar will turn into an importer from an exporter after
flooding ruined crops in its main growing region. [DETAILS]
RICE climbed for a seventh day as the Philippines and Nigeria sought
imports and US stockpiles declined, tightening global supplies after a
cyclone devastated crops in Myanmar.
Rice for July delivery has advanced 12.3 percent from its close May 1 on
speculation Myanmar will turn into an importer from an exporter after
flooding ruined crops in its main growing region. [DETAILS]
Malacañang wants Meralco charged 5/13/2008 3:30 PM ET
The woes of the Lopez-controlled Manila Electric Co. (Meralco) are just
starting. With a Meralco official yesterday conceding to the House of
Representatives’ inquiry panel that it was wrong to pass on to the
consumers the system losses on power consumed by Meralco itself,
Malacañang yesterday, through its legal counsel, called on the public to
file a class suit against Meralco. [DETAILS]
The woes of the Lopez-controlled Manila Electric Co. (Meralco) are just
starting. With a Meralco official yesterday conceding to the House of
Representatives’ inquiry panel that it was wrong to pass on to the
consumers the system losses on power consumed by Meralco itself,
Malacañang yesterday, through its legal counsel, called on the public to
file a class suit against Meralco. [DETAILS]
Congress moves to plug Meralco’s cost loopholes 5/14/2008 2:30 PM ET
CONGRESS can revoke the franchise of the Manila Electric Co. for violating
the “just and reasonable” or the “least cost” principles by passing its
costs and bad debts to consumers through excessively high rates,
Senator Miriam Defensor Santiago said yesterday. “Meralco operates
under a franchise, meaning a right conferred by the government to
engage in a specific business, including the rights necessary for public
utility companies to carry on their operations,” said Santiago, co-
chairman of the Joint Congressional Power Commission. [DETAILS]
CONGRESS can revoke the franchise of the Manila Electric Co. for violating
the “just and reasonable” or the “least cost” principles by passing its
costs and bad debts to consumers through excessively high rates,
Senator Miriam Defensor Santiago said yesterday. “Meralco operates
under a franchise, meaning a right conferred by the government to
engage in a specific business, including the rights necessary for public
utility companies to carry on their operations,” said Santiago, co-
chairman of the Joint Congressional Power Commission. [DETAILS]
Senate sets hearing on GMA’s ‘secret visit’ Palace confirms that
President Arroyo had meeting with ZTE officials in 2006
5/14/2008 3:00 PM ET
The Senate blue-ribbon committee has set a hearing for the new
witness in the national broadband scandal, who has photos of President
Gloria Arroyo’s “secret visit” to ZTE headquarters in Shenzhen, China six
months before she witnessed the signing of the firm’s $329-million
contract for the scandal-plagued project. [DETAILS]
President Arroyo had meeting with ZTE officials in 2006
5/14/2008 3:00 PM ET
The Senate blue-ribbon committee has set a hearing for the new
witness in the national broadband scandal, who has photos of President
Gloria Arroyo’s “secret visit” to ZTE headquarters in Shenzhen, China six
months before she witnessed the signing of the firm’s $329-million
contract for the scandal-plagued project. [DETAILS]
Pres. Gloria Macapagal-Arroyo extends operation of Cimatu group as
tension runs high in Middle East 5/14/2008 9:00 PM ET
MANILA, May 14 (PinoyGlobal) - President Gloria Macapagal-Arroyo has
extended the operation of the Presidential Middle East Preparedness
Committee (PMEPC) to ensure the safety of the more than 1.5 million
Overseas Filipino Workers (OFWs) in the Middle East.. [DETAILS]
tension runs high in Middle East 5/14/2008 9:00 PM ET
MANILA, May 14 (PinoyGlobal) - President Gloria Macapagal-Arroyo has
extended the operation of the Presidential Middle East Preparedness
Committee (PMEPC) to ensure the safety of the more than 1.5 million
Overseas Filipino Workers (OFWs) in the Middle East.. [DETAILS]
P20 wage hike in Metro
Employers say only 16% of labor force will benefit
5/15/2008 3:00 PM ET
PRESIDENT Arroyo yesterday said minimum wage earners in the private
sector in Metro Manila stand to get a P20 daily wage hike.
The amount is already set as of Wednesday night’s deliberation by the
Metro Manila Regional Tripartite Wages and Productivity Board. But the
board is still refining the P20 pay hike, whether the entire amount would
be added to the minimum wage or it would be broken down into P15
minimum wage hike plus P5 cost of living allowance, she told members of
the Employers Confederation of the Philippines at the 29th National
Conference of Employers at the Manila Hotel. [DETAILS]
Employers say only 16% of labor force will benefit
5/15/2008 3:00 PM ET
PRESIDENT Arroyo yesterday said minimum wage earners in the private
sector in Metro Manila stand to get a P20 daily wage hike.
The amount is already set as of Wednesday night’s deliberation by the
Metro Manila Regional Tripartite Wages and Productivity Board. But the
board is still refining the P20 pay hike, whether the entire amount would
be added to the minimum wage or it would be broken down into P15
minimum wage hike plus P5 cost of living allowance, she told members of
the Employers Confederation of the Philippines at the 29th National
Conference of Employers at the Manila Hotel. [DETAILS]
NBN witnesses set to undergo screening 5/15/2008 3:30 PM ET
Fears up on advance testimony, identity leak
A tight screening process for witnesses to the scandal-tainted and
corruption-laced ZTE National Broadband Network whistleblowers is now
de rigeur in the Senate prior to its presentation of witnesses at hearings
yet to be scheduled. [DETAILS]
Fears up on advance testimony, identity leak
A tight screening process for witnesses to the scandal-tainted and
corruption-laced ZTE National Broadband Network whistleblowers is now
de rigeur in the Senate prior to its presentation of witnesses at hearings
yet to be scheduled. [DETAILS]
First Filipino Clinical Psychologist Priest Trained in U.S. Received
Doctorate Degree from Institute for the Psychological Sciences (IPS),
Catholic Graduate School 5/16/2008 10:30 AM ET
WASHINGTON, May 15 (PinoyGlobal) - Two Filipinos were among the
seven graduates who received their coveted diplomas from the Institute
for Psychological Sciences, a Catholic Graduate School of Psychology
founded in 1997 by a group of mental health professionals, academicians
and clinicians. In August 2000, the Institute awarded its first degrees in
the Masters of Science program, and at that same year, started its
program in the Doctor of Psychology degree in Clinical Psychology.
[DETAILS]
Doctorate Degree from Institute for the Psychological Sciences (IPS),
Catholic Graduate School 5/16/2008 10:30 AM ET
WASHINGTON, May 15 (PinoyGlobal) - Two Filipinos were among the
seven graduates who received their coveted diplomas from the Institute
for Psychological Sciences, a Catholic Graduate School of Psychology
founded in 1997 by a group of mental health professionals, academicians
and clinicians. In August 2000, the Institute awarded its first degrees in
the Masters of Science program, and at that same year, started its
program in the Doctor of Psychology degree in Clinical Psychology.
[DETAILS]
Valedictory Speech of Fr. Jaime Noel Deslate, First Filipino Clinical
Psychologist Priest Trained In the U.S. 5/18/2008 10:30 AM ET
WASHINGTON, DC, May 15 (PinoyGlobal) - The following is per vatim is the
valedictory speech delivered today by Fr. Jaime Noel Deslate is a
diocesan priest from the Archdiocese of Capiz, Philippines, with 14 years
in the ministry.
"A number of friends and acquaintances congratulated me for the
success this graduation . They asked me of how I might be addressed.
"Father" or "Doctor Father". I simply told them to continue calling me
Father, for I know in my heart that more than success, this is a mission
accomplished, as willed by Our Lord. [DETAILS]
Psychologist Priest Trained In the U.S. 5/18/2008 10:30 AM ET
WASHINGTON, DC, May 15 (PinoyGlobal) - The following is per vatim is the
valedictory speech delivered today by Fr. Jaime Noel Deslate is a
diocesan priest from the Archdiocese of Capiz, Philippines, with 14 years
in the ministry.
"A number of friends and acquaintances congratulated me for the
success this graduation . They asked me of how I might be addressed.
"Father" or "Doctor Father". I simply told them to continue calling me
Father, for I know in my heart that more than success, this is a mission
accomplished, as willed by Our Lord. [DETAILS]
Jeepney fare up by P.50, bus by P1 5/18/2008 10:00 AM ET
THE Land Transportation Franchising and Regulatory Board yesterday
said it has approved "provisional" increases of 50 centavos in the
minimum fare in jeepneys and P1 to P1.50 for buses in the National
Capital Region, Central Luzon, and the Calabarzon-Mimaropa region.
[DETAILS]
THE Land Transportation Franchising and Regulatory Board yesterday
said it has approved "provisional" increases of 50 centavos in the
minimum fare in jeepneys and P1 to P1.50 for buses in the National
Capital Region, Central Luzon, and the Calabarzon-Mimaropa region.
[DETAILS]
Self-rated food poverty rises to 40% 5/19/2008 2:30 PM ET
Forty percent of Filipino families or about 7.1 million consider themselves
“mahirap” (poor) in terms of food, a survey of the Social Weather
Stations (SWS) showed. The March 2008 survey found that 32 percent
consider themselves as “not food-poor” while 29 percent of Filipino
families put themselves on the “food-borderline.” The latest score of 40
percent is an increase from the record-low 34 percent in December 2007,
the SWS said in its First Quarter 2008 Social Weather Survey, conducted
from March 28 to 31. [DETAILS]
Forty percent of Filipino families or about 7.1 million consider themselves
“mahirap” (poor) in terms of food, a survey of the Social Weather
Stations (SWS) showed. The March 2008 survey found that 32 percent
consider themselves as “not food-poor” while 29 percent of Filipino
families put themselves on the “food-borderline.” The latest score of 40
percent is an increase from the record-low 34 percent in December 2007,
the SWS said in its First Quarter 2008 Social Weather Survey, conducted
from March 28 to 31. [DETAILS]
Lopezes say assaults on Meralco retaliatory 5/19/2008 3:00 PM ET
The Lopez family yesterday practically attributed the attacks being
waged on power giant Manila Electric Co. (Meralco), which it controls, on
the Arroyo administration saying it was both a retaliation and at the
same time a way to deflect blame. Family patriarch Oscar Lopez
speaking before stockholders of the Lopez flagship First Philippine
Holding Corp. during the firm’s annual meeting yesterday, said the
“assault” on his family was partly in reprisal for “the dogged
determination shown by ABS-CBN in its crusade to expose the truth of
our every day lives, the good, as well as the rotten.” [DETAILS]
The Lopez family yesterday practically attributed the attacks being
waged on power giant Manila Electric Co. (Meralco), which it controls, on
the Arroyo administration saying it was both a retaliation and at the
same time a way to deflect blame. Family patriarch Oscar Lopez
speaking before stockholders of the Lopez flagship First Philippine
Holding Corp. during the firm’s annual meeting yesterday, said the
“assault” on his family was partly in reprisal for “the dogged
determination shown by ABS-CBN in its crusade to expose the truth of
our every day lives, the good, as well as the rotten.” [DETAILS]
Eddie Calderon, Ph.D., of Minneapolis, Minnesota, Equal Opportunity
Coordinator, Unanimously Selected As One Of The 2008 Twenty
Outstanding Filipinos Abroad (TOFA) 5/19/2008 7:00 PM ET
WASHINGTON, D.C., May 19 (PinoyGlobal) - Dr. Eddie Calderon, a Ph.D.
Graduate in International Relations from the University of Minnesota, and
currently the Equal Opportunity Coordinator for the City of Minneapolis, is
unanimously selected as one of the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges headed by Nonoy &
Aida Mendoza of the FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL
ONLINE NEWS, and the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL
FOUNDATION. [DETAILS]
Coordinator, Unanimously Selected As One Of The 2008 Twenty
Outstanding Filipinos Abroad (TOFA) 5/19/2008 7:00 PM ET
WASHINGTON, D.C., May 19 (PinoyGlobal) - Dr. Eddie Calderon, a Ph.D.
Graduate in International Relations from the University of Minnesota, and
currently the Equal Opportunity Coordinator for the City of Minneapolis, is
unanimously selected as one of the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges headed by Nonoy &
Aida Mendoza of the FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL
ONLINE NEWS, and the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL
FOUNDATION. [DETAILS]
‘Ka Bel’ dies after fall, words of praise pour in
5/20/2008 5:00 PM ET
Anakpawis Party-list Rep. Crispin Beltran died Tuesday, when he fell from
the roof of his house in Bulacan province and sustained severe head
injuries. He was pronounced dead at 11:48 a.m. after doctors at the Far
Eastern University Hospital in Quezon City failed to revive him. His
remains were brought later to the Cathedral of the Philippine
Independent Church along Taft Avenue in Manila. [DETAILS]
5/20/2008 5:00 PM ET
Anakpawis Party-list Rep. Crispin Beltran died Tuesday, when he fell from
the roof of his house in Bulacan province and sustained severe head
injuries. He was pronounced dead at 11:48 a.m. after doctors at the Far
Eastern University Hospital in Quezon City failed to revive him. His
remains were brought later to the Cathedral of the Philippine
Independent Church along Taft Avenue in Manila. [DETAILS]
Gloria’s ‘Solomonic’ act in Meralco overrules law
5/20/2008 6:00 PM ET
President Arroyo may have overdone efforts to act as the wise judge in
the Manila Electric Co. (Meralco) controversy by overturning a law after
she allowed yesterday open access in the power industry.
The Electric Power Industry Reform Act (Epira) specifically provides that
70 percent of assets of state firm National Power Corp. (Napocor) should
be sold before open access can be implemented. [DETAILS]
5/20/2008 6:00 PM ET
President Arroyo may have overdone efforts to act as the wise judge in
the Manila Electric Co. (Meralco) controversy by overturning a law after
she allowed yesterday open access in the power industry.
The Electric Power Industry Reform Act (Epira) specifically provides that
70 percent of assets of state firm National Power Corp. (Napocor) should
be sold before open access can be implemented. [DETAILS]
ITALY LAUNCHES PROJECT FOR TB-AFFLICTED FILIPINO KIDS
5/21/2008 10:00 PM ET
ROME, ITALY, (PinoyGlobal) – Philippine Ambassador to Italy Philippe
Lhuillier was the guest of honor and speaker at the launching of the L’
Otto Per Amore (The Fight for Love), a joint project of the Fondazione
Raphael Onlus and the Guardia di Finanzia (the Military Corps of the
Italian Ministry of Finance). The project aims to extend medical
assistance to around 1,500 Tuberculosis (TB)- afflicted Filipino children
living in Payatas, Quezon City. [DETAILS]
5/21/2008 10:00 PM ET
ROME, ITALY, (PinoyGlobal) – Philippine Ambassador to Italy Philippe
Lhuillier was the guest of honor and speaker at the launching of the L’
Otto Per Amore (The Fight for Love), a joint project of the Fondazione
Raphael Onlus and the Guardia di Finanzia (the Military Corps of the
Italian Ministry of Finance). The project aims to extend medical
assistance to around 1,500 Tuberculosis (TB)- afflicted Filipino children
living in Payatas, Quezon City. [DETAILS]
Bangko Sentral faces monetary policy dilemma
5/22/2008 5:00 PM ET
THE central bank, struggling to spur growth and slow the fastest inflation
in three years, is reluctant to raise interest rates on concern it could
boost the peso. “Tightening could lead to a wider interest rate
differential that could attract capital inflows,” Gov. Amando Tetangco said
in a speech delivered yesterday. That could exert “more pressure on the
exchange rate,” damp exports and slow growth, he said in the speech e-
mailed to Bloomberg News last night. [DETAILS]
5/22/2008 5:00 PM ET
THE central bank, struggling to spur growth and slow the fastest inflation
in three years, is reluctant to raise interest rates on concern it could
boost the peso. “Tightening could lead to a wider interest rate
differential that could attract capital inflows,” Gov. Amando Tetangco said
in a speech delivered yesterday. That could exert “more pressure on the
exchange rate,” damp exports and slow growth, he said in the speech e-
mailed to Bloomberg News last night. [DETAILS]
‘NPAs’ burn 3 buses in Cubao raid
5/22/2008 6:00 PM ET
TEN armed men raided the Victory Liner bus terminal in Cubao, Quezon
City before midnight Thursday and burned three buses. Reports reaching
the Quezon City police said the men, in ball caps and jackets, entered
the bus terminal compound at Denver and Chicago streets in Barangay
Pinagkaisahan at around 11:15 p.m. [DETAILS]
5/22/2008 6:00 PM ET
TEN armed men raided the Victory Liner bus terminal in Cubao, Quezon
City before midnight Thursday and burned three buses. Reports reaching
the Quezon City police said the men, in ball caps and jackets, entered
the bus terminal compound at Denver and Chicago streets in Barangay
Pinagkaisahan at around 11:15 p.m. [DETAILS]
A Big Bash for Michelle Lorica's 22nd Birthday, Graduation and
Engagement Party 5/23/2008 9:30 AM ET
POTOMAC, MD, May 18 (PinoyGlobal) - In a perfect afternoon Garden
Party, complete with a harpist serenading the honoree and her guests,
Michelle Marie Antonio Lorica celebrated her 22nd birthday; graduation
from the Georgetown University with a degree of Bachelor of Science,
major in Biology, minor in Science, Technology & International Affairs; and
the announcement of her engagement to Jeffrey Thomas Thiele of East
Hampton, New York. [DETAILS]
Engagement Party 5/23/2008 9:30 AM ET
POTOMAC, MD, May 18 (PinoyGlobal) - In a perfect afternoon Garden
Party, complete with a harpist serenading the honoree and her guests,
Michelle Marie Antonio Lorica celebrated her 22nd birthday; graduation
from the Georgetown University with a degree of Bachelor of Science,
major in Biology, minor in Science, Technology & International Affairs; and
the announcement of her engagement to Jeffrey Thomas Thiele of East
Hampton, New York. [DETAILS]
Heeding The Call Of Another Distressed Filipino Migrant: Susan
Mercado Panlaqui Flies Home 5/24/2008 10:00 AM ET
Washington D.C., SUSAN MERCADO PANLAQUI, the terminal cancer
patient who sought the help of Migrant Heritage Commission (MHC) and
the Fil-Am community in realizing her final wish to spend remaining days
in the Philippines, finally flew home to Manila. The 60 year old Filipina
worker who migrated to the U.S. in 2002, was surprised to learn that she
has been suffering from liver cancer all these months. Upon the advise of
her friends last March, she decided to see a doctor after noticing an
unexplained weight loss and swelling of her stomach. [DETAILS]
Mercado Panlaqui Flies Home 5/24/2008 10:00 AM ET
Washington D.C., SUSAN MERCADO PANLAQUI, the terminal cancer
patient who sought the help of Migrant Heritage Commission (MHC) and
the Fil-Am community in realizing her final wish to spend remaining days
in the Philippines, finally flew home to Manila. The 60 year old Filipina
worker who migrated to the U.S. in 2002, was surprised to learn that she
has been suffering from liver cancer all these months. Upon the advise of
her friends last March, she decided to see a doctor after noticing an
unexplained weight loss and swelling of her stomach. [DETAILS]
Sonny Ungco, President of PJSI, Pioneer of "Balibayan Box,"
Unanimously Selected As One Of The 2008 Twenty
Outstanding Filipinos Abroad (TOFA) 5/24/2008 10:45 AM ET
WASHINGTON, D.C., May 19 (PinoyGlobal) - Jose Salvador C. "Sonny"
Ungco, pioneer of the "Balikbayan Box" door to door service in 1982, and
now Chairman of the Board-CEO of Port Jersey Shipping International
Inc., a community spearheader in the New York-New Jersey region, is
unanimously selected as one o f the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges headed by Nonoy &
Aida Mendoza of the FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL
ONLINE NEWS, and the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL
FOUNDATION. [DETAILS]
Unanimously Selected As One Of The 2008 Twenty
Outstanding Filipinos Abroad (TOFA) 5/24/2008 10:45 AM ET
WASHINGTON, D.C., May 19 (PinoyGlobal) - Jose Salvador C. "Sonny"
Ungco, pioneer of the "Balikbayan Box" door to door service in 1982, and
now Chairman of the Board-CEO of Port Jersey Shipping International
Inc., a community spearheader in the New York-New Jersey region, is
unanimously selected as one o f the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges headed by Nonoy &
Aida Mendoza of the FILIPINO IMAGE MAGAZINE and the PINOY GLOBAL
ONLINE NEWS, and the ROXANNE ANDREA MENDOZA (RAM) MEMORIAL
FOUNDATION. [DETAILS]
Dante Raul Teodoro, JUNO Healthcare President, selected as one of
the 2008 Twenty Outstanding Filipinos Abroad 5/26/2008 12:55 PM ET
WASHINGTON, DC, May 26 (PinoyGlobal) - Raul Dante (DR) Teodoro is
unanimously selected as one of the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges of the Filipino Image
Magazine (FILIM) and the Pinoy Global Online News (PGON), and the
Roxanne Andrea Mendoza Memorial Foundation (RAM). The TOFA was
initiated in 1990 and the bio-data and photographs of the 320 Past TOFA
Awardees found in the PGON web site: WWW. FILAMIMAGE.COM.
[DETAILS]
the 2008 Twenty Outstanding Filipinos Abroad 5/26/2008 12:55 PM ET
WASHINGTON, DC, May 26 (PinoyGlobal) - Raul Dante (DR) Teodoro is
unanimously selected as one of the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges of the Filipino Image
Magazine (FILIM) and the Pinoy Global Online News (PGON), and the
Roxanne Andrea Mendoza Memorial Foundation (RAM). The TOFA was
initiated in 1990 and the bio-data and photographs of the 320 Past TOFA
Awardees found in the PGON web site: WWW. FILAMIMAGE.COM.
[DETAILS]
TOFA 2008 Awardee . . DR. EUSEBIO C. KHO Colonel, U.S. Army
(Retired) UPMASA Founding Member & Current National President
Eusebio C. Kho, M. D., F. A. C. S. Diplomate, American Board of Surgery
Colonel, U. S. Army (Retired) 5/27/2008 10:00 AM ET
WASHINGTON, DC, May 27 (PinoyGlobal) - Dr. Eusebio C. Kho is
unanimously selected as one of the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges of the Filipino Image
Magazine (FILIM) and the Pinoy Global Online News (PGON) and the
Roxanne Andrea Mendoza Memorial Foundation (RAM). The TOFA was
initiated in 1990 and have the bio-data and photograph of the 320 Past
TOFA Awardees found in the web site: WWW. FILAMIMAGE.COM.
[DETAILS]
(Retired) UPMASA Founding Member & Current National President
Eusebio C. Kho, M. D., F. A. C. S. Diplomate, American Board of Surgery
Colonel, U. S. Army (Retired) 5/27/2008 10:00 AM ET
WASHINGTON, DC, May 27 (PinoyGlobal) - Dr. Eusebio C. Kho is
unanimously selected as one of the 2008 Twenty Outstanding Filipinos
Abroad (TOFA) by the TOFA Panel Board of Judges of the Filipino Image
Magazine (FILIM) and the Pinoy Global Online News (PGON) and the
Roxanne Andrea Mendoza Memorial Foundation (RAM). The TOFA was
initiated in 1990 and have the bio-data and photograph of the 320 Past
TOFA Awardees found in the web site: WWW. FILAMIMAGE.COM.
[DETAILS]
GSIS asks SEC for 5 seats to wrest Meralco control
5/28/2008 3:00 PM ET
State pension fund Government Service Insurance System (GSIS) asked
the Securities and Exchange Commission (SEC) yesterday to award it five
seats in the board of directors of power giant Manila Electric Co.
(Meralco) that would effectively give government control of the firm.
Key to the demand of the GSIS are proxies voted by the Lopez group
which GSIS president Winston Garcia questioned and on which the SEC
issued an order to be set aside for validation during the Meralco annual
meeting the other day. [DETAILS]
5/28/2008 3:00 PM ET
State pension fund Government Service Insurance System (GSIS) asked
the Securities and Exchange Commission (SEC) yesterday to award it five
seats in the board of directors of power giant Manila Electric Co.
(Meralco) that would effectively give government control of the firm.
Key to the demand of the GSIS are proxies voted by the Lopez group
which GSIS president Winston Garcia questioned and on which the SEC
issued an order to be set aside for validation during the Meralco annual
meeting the other day. [DETAILS]
Bangko Sentral poised to raise interest rates 5/28/2008 2:00 PM ET
THE Bangko Sentral might raise interest rates if inflation accelerated and
threatened to breach its target of 2.5 percent to 4.5 percent for next
year, Gov. Amando Tetangco said. “If we see there are clear signs that
the inflation target for 2009 is at risk, then we will have to act
preemptively and decisively,” Tetangco said in an interview with
Bloomberg Television. [DETAILS]
THE Bangko Sentral might raise interest rates if inflation accelerated and
threatened to breach its target of 2.5 percent to 4.5 percent for next
year, Gov. Amando Tetangco said. “If we see there are clear signs that
the inflation target for 2009 is at risk, then we will have to act
preemptively and decisively,” Tetangco said in an interview with
Bloomberg Television. [DETAILS]
PNRC Chairman Dick Gordon
CA issues Meralco TRO vs SEC 5/30/2008 3:00 PM ET
A restraining order has been handed down by the Court of Appeals (CA)
on the election of the board controversy involving the Manila Electric Co.
(Meralco) before the Securities and Exchange Commission (SEC). In a
four-page resolution, the CA’s Special Ninth Division through Associate
Justice Vicente Roxas said it issued “a temporary restraining order (TRO)
so that the status quo be maintained... for a period of 60 days from
service of notice, restraining, enjoining and prohibiting respondents, their
representatives, agents, assignees and all persons and officers acting for
and in their behalf from proceeding on and causing the implementation of
the undated SEC cease and desist order [DETAILS]
A restraining order has been handed down by the Court of Appeals (CA)
on the election of the board controversy involving the Manila Electric Co.
(Meralco) before the Securities and Exchange Commission (SEC). In a
four-page resolution, the CA’s Special Ninth Division through Associate
Justice Vicente Roxas said it issued “a temporary restraining order (TRO)
so that the status quo be maintained... for a period of 60 days from
service of notice, restraining, enjoining and prohibiting respondents, their
representatives, agents, assignees and all persons and officers acting for
and in their behalf from proceeding on and causing the implementation of
the undated SEC cease and desist order [DETAILS]
Erap: Graft, not world economy, to blame for economic slide
5/30/2008 2:00 PM ET
Former President Joseph Estrada, on reports on the economic decline for
the first quarter of this year, yesterday said the slide is not surprising.
Reacting to reports that growth rate has declined to 5.2 percent, the
biggest economic decline in two years, the former president pointed out
in a casual conference with various youth leaders in San Juan that “this is
to be expected because real economic growth must be based on solid
economic foundations which this current (Arroyo) government does not
have.” [DETAILS]
5/30/2008 2:00 PM ET
Former President Joseph Estrada, on reports on the economic decline for
the first quarter of this year, yesterday said the slide is not surprising.
Reacting to reports that growth rate has declined to 5.2 percent, the
biggest economic decline in two years, the former president pointed out
in a casual conference with various youth leaders in San Juan that “this is
to be expected because real economic growth must be based on solid
economic foundations which this current (Arroyo) government does not
have.” [DETAILS]
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