|
|
 |
|
SGV turmoil claims 13 partners, vice chairman
By Victor C. Agustin
SGV yesterday fired vice chairman Roman Felipe Reyes and 13 partners for refusing to sign the “Integral Agreement” that Ernst & Young had asked SGV to commit to as a condition for continuing their partnership.
 |
Between a rock and a hard place. Lopez Group patriarch Oscar Lopez is surrounded by his children during a recent climb to Mt. Pulag. |
Lopez puzzled by San Miguel position to cut Meralco rates
By Alena Mae S. Flores
SAN Miguel Corp.’s calls for Manila Electric Co. to lower power rates might be “an impossible task,” Oscar Lopez, the patriarch of the Lopez Group, said yesterday.
Ongpin group acquires Kirin stake in SMC
Vietnam joins protest against baseline bill
Supreme Court fines Makati judge
Turbulence hurts 45 passengers
Summons over bank closures
Top nursing examinee not keen on migrating
|
|
Budget deficit set at P160b
The Philippines approved a bigger budget-deficit target for 2009, as slowing economic growth threatens to crimp tax collection and the government increases spending to counter faltering exports.
MetroPac opts to sell 21% equity in Landco
By Jenniffer B. Austria
Metro Pacific Investment Corp., the flagship unit of Hong Kong’s First Pacific Co. Ltd., will keep a minority stake in high-end property developer Landco Pacific Corp.
Galoc set to resume oil production next week
Galoc Production Co. expects to resume oil production from the Galoc field in northwest Palawan next week.
LRTA?s P5.5-b borrowing endorsed to Malaca?ang
By Lawrence Agcaoili
The Finance Department has endorsed the planned P5.5-billion borrowing of the state-run Light Rail Transit Authority this year to bankroll the mass transit’s capacity expansion and pay maturing obligations.
SM Prime increased ?08 profit by 7% to P6.4b
SM Prime Holdings Inc., the country’s dominant shopping mall developer and operator, reported a 7 percent increase in net income for 2008 to P6.4 billion from P6 billion in 2007.
|
|
|
|
|
Governors? gripe
Provincial governors are up in arms against an order of Environment and Natural Resources Secretary Lito Atienza which requires both large- and small-scale mining firms to secure export permits from his office before they can ship out mineral ores. While Atienza was still looking for ways to address their objections, the simmering conflict broke into the open this week when the governors put up a one-page advertisement in national dailies a few days ago in which they urged President Gloria Macapagal Arroyo to direct the environment czar to recall the order.
Political guidance from Jesus
By Teodoro Bacani Jr.
|
|
|
|
|
|
242,536 new jobs in countryside
By Othel V. Campos
Two departments have embarked on income-
generating projects that will create 242,536 jobs in the countryside.
SC clarifies ?just compensation?
By Rey E. Requejo
THE Supreme Court has ordered the Philippine Economic Zone Authority to pay a couple the full value of the 4.7-hectare private property in Lapu-Lapu City that was the subject of expropriation proceedings.
Ombudsman slams ouster call, blasts prosecutor
By Macon Ramos Araneta
Amid calls for her resignation, Ombudsman Merceditas Gutierrez yesterday denounced the harassment tactics being employed by a state prosecutor and a private organization.
|
|
P7 minimum jeepney fare starts Monday
The Land Transportation Franchising and Regulatory Board has granted a provisional 50-centavo rollback effective Monday for jeepneys plying routes in Metro Manila, Central Luzon and Southern Luzon.
Customs confiscates P25-m meat cargo
The Bureau of Customs has seized P25 million worth of poultry products including Peking duck, pork loin and other frozen meats at the Manila International Container Port.
Court: Para?aque vice mayor eligible to run for public office
A natural-born Filipino with dual citizenship need not take an oath of alllegiance nor renounce foreign citizenship before running for public office.
?Rubout? cops sacked after probe
The chief of the Quezon City Police District anti-carnapping unit was sacked and two others disarmed after Tuesday night’s fatal shooting of three sus-pected car thieves who had apparently been subdued.
Anti-power theft pact hammered out |
|
