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Manila expects 10% rise in overseas deployment
By Roy Pelovello
THE government expects 1.3-million Filipinos to go abroad to work this year, 10 percent more than last year, despite the global economic slowdown.
At a presentation before the House committee on economic affairs, Hans Cacdac, deputy administrator of the Philippine Overseas Employment Administration, acknowledged that some Filipinos would lose their jobs abroad, particularly in construction, manufacturing, retail, tourism and services.
ADB blacklists 41 firms, 38 people for corruption
THE Asian Development Bank sanctioned 41 firms and 38 individuals last year for corruption, the Manila-based lender said in a posting Tuesday on its Web site.
Towns charging ?pass-through? fees warned
Cebu Pacific, PAL remove fuel charges
Blue Ribbon also gets to investigate World Bank claim
Watchdog goes after San Miguel
Talks begin to renegotiate deal over US soldier
Separatists urged to negotiate
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class. Cebu?s Monique Lhuillier, center, poses for a picture with models wearing her fall 2009 collection during Fashion Week in New York. AP |
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Water firms cool to Laiban
By Jenniffer B. Austria
Water concessionaires Manila Water Co. Inc. of the Ayala group and DMCI-MPIC Water Co. of Metro Pacific Investments Corp. and DMCI Holdings Inc. gave lukewarm support to the proposed P48-billion Laiban Dam project of San Miguel Corp. as a future source of water.
GDP assumptions reviewed
By Roderick T. dela Cruz
The government will review its macroeconomic assumptions for the year to make them attune with the global situation.
BIR collections failed to reach P800-b mark
By Lawrence Agcaoili
The tax take of the Bureau of Internal Revenue failed to reach the P800-billion mark in 2007 due to the slowing domestic economy, a ranking agency official said yesterday.
Pepsi Cola loses fizz, bares lower net profit
Soft drink maker Pepsi Cola Products Philippines Inc. reported slight drop in net income for the first six months of its fiscal year ending December amid slower sales of carbonated beverages.
LandBank raising P2.5b from tier notes
By Eileen A. Mencias
Land Bank of the Philippines plans to raise additional capital from the issuance of hybrid tier 1 and lower tier 2 notes this year to strengthen its financial position, bank president Gilda Pico told reporters Monday night in a press briefing.
Slow lady judge, slower executrix
 IT seems that Makati Regional Trial Court Maria Cristina Cornejo herself believes that the wheel of justice, especially in the Philippines, grinds exceedingly slow.
The lady judge issued an order way back Oct. 23, 2006, mandating lawyer Victoria de los Reyes, the executrix of the estate of her billionaire aunt Pacita de los Reyes-Philipps, to submit within two months an inventory of her late aunt?s assets.
Trust services in times of crises
By Gerry Geronimo
This weekend, the members and officers of the Trust Officers Association of the Philippines go to Boracay for their annual get-together. Boracay is their favorite getaway venue and the beautiful island, on account of its just the right blend of physical challenges and hotel comforts, is the suitable venue from them or any similar hardworking group to recollect and regenerate relationships.
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Hatton starts training today
By Ronnie Nathanielsz
BRITAIN?S International Boxing Organization light welterweight champion Ricky Hatton was scheduled to start training today for his showdown with Manny Pacquiao at the MGM Grand in Las Vegas on May 2.
Lady Tams favored in Petron volley
THE competition has just gotten tougher.
Back-to-back collegiate champions Anna Abanto and Marigail Tolentino will mix it up with the top varsity bets from other schools when the first leg of the 2009 Petron Ladies? Beach Volleyball Tournament starts tomorrow at the sand courts of the University of the East-Caloocan campus.
Manila Golf gets international honor
By Adriano Flores
IF YOU see Manila Golf and Country Club members proudly smiling these days, it is for a very good reason.
Doctorate degree for Pacquiao
MANNY Pacquiao, the world?s no. 1 pound-for-pound boxer, will receive a degree of Doctor of Human Kinetics (honoris causa) conferred on him by the Southwestern University of the Philippines in Cebu today.
Guiao wary of Malaysians
WITH their preparation affected after the cancellation of two international events, members of the Philippine Team will be playing in the coming Southeast Asia Basketball Association unprepared and not in game shape.
Paeng eyes 2nd Masters title
By Ronnie Nathanielsz
TEN years after winning the PartyPoker.com World Tenpin Masters, Paeng Nepomuceno competes in the 2009 edition at the Metrodome in Barnsley, England, on April 18 and 19.
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Exonerating Joe
The House of Representatives committee on ethics may think it did the right thing when it decided yesterday to proceed with the move to expel former speaker and Pangasinan Rep. Jose de Venecia Jr. The action does send the message that the chamber will at least look into a complaint against one of its own made by one of its own, instead of simply looking the other way when a member is involved in a controversy.
The baby and the bath water
Bolante case: The verdict
Demolishing De Castro
A dad at 13
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Poll automation plan in peril
By Fel V. Maragay
Commission on Elections Chairman Jose Melo yesterday warned Congress there will not be enough time for full automation of the 2010 elections if lawmakers dilly-dally in enacting the Pll.3-billion supplemental budget for the purpose.
High court affirms Senate probe of ?euro cops?
By Rey E. Requejo
The Supreme Court has dismissed the petition filed by retired Gen. Eliseo de la Paz and his wife Marife seeking to stop the Senate from investigating the Moscow incident and from enforcing its arrest order against the couple.
Co-ops get more perks and bank role
By Joyce Pangco Pa?ares
President Arroyo has signed a law that will grant banking powers to credit cooperatives in the country as well as retain their tax privileges.
Pricey boots: Army chief vouches for accountant
By Jaime Pilapil
ARMY chief Victor Ibrado yesterday urged Ombudsman Merceditas Gutierrez to reconsider the suspension of Army chief accountant Editha Santos in connection with the alleged overpricing of 33,000 combat boots five years ago.
Atienza warns Fernando: Cutting of trees is illegal
Environment Secretary Joselito Atienza asked the Metro Manila Development Authority to coordinate with his agency on matters of tree cutting as this is within the mandate of the Environment Department and not MMDA, headed by Bayani Fernando as chairman.
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Transport groups yield to fare rollback
By Joyce Pangco Pa?ares and Rio N. Araja
Transport groups have volunteered a provisional 50-centavo rollback for jeepneys, lowering the minimum fare in Metro Manila to P7 after attending a Cabinet meeting at the Palace yesterday.
Pump-priming job fair to hire .5m
The Department of Public Works and Highways is hosting a job fair next week targetting at least 500,000 new hires as part of the government?s pump-priming program amid the global economic crunch.
Fourth suspect in ?Alabang Boys? case turns up
The fact-finding committee probing the alleged bribery at the Department of Justice yesterday found out that there were four drug suspects, not three as reported, in the ?Alabang Boys? case.
Battle of Manila marks 64th year
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