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Arroyo, in change of plans, to proceed to Washington
By Joyce Pangco Pa?ares
PRESIDENT Arroyo will go to Washington to attend the 57th National Prayer Breakfast on Thursday (Friday Manila time), where she will meet with US President Barack Obama and other invited world leaders.
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Under fire. Senator Mar Roxas questions Celso de los Angeles on the collapse of the Legacy Group. |
Legacy owner blames ?extortionists? for woes
By Fel V. Maragay
THE head of the Legacy Group accused of swindling investors out of billions of pesos yesterday defended his ?double-your-money? schemes and blamed the central bank, the media and the financial crisis for the collapse of his business empire.
Honda?s Japanese executives take 5% pay cut
Taguig to build own version of Eastwood City off C-5
Govt plans P30-b hike in SSS, GSIS, other benefits
Bank lends $31m for lamps
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Bigger budget gap likely
By Lawrence Agcaoili
The budget deficit could balloon to as much as P160 billion this year as the government is set to spend more for infrastructure and social services to cushion the impact of the global economic slowdown.
BPI cautious on ?09 after lower profits last year
By Eileen A. Mencias
Bank of the Philippine Islands, the largest bank in the Philippines by market value, yesterday said it views 2009 with caution after reporting a 36 percent drop in its unaudited net income in 2008 to P6.4 billion from P10 billion a year ago.
Thailand eyes ethanol hub status
By Alena Mae S. Flores
Bangkok?Thailand is aiming to be the ethanol hub in the Asia-Pacific region, officials of PTT Public Co. Ltd. of Thailand told reporters here.
BDO Unibank to beef up capital by P13b
Banco de Oro Unibank Inc., the country?s largest bank, plans to raise as much as P13 billion in additional capital this year through the issuance of tier 2 capital and a rights offering, the bank said in a disclosure to the stock exchange.
It?s business as usual, says 3D appliance distributor
Northern Islands Co. Inc., the sole 3D appliance distributor in the Philippines, legally exists and goes about its business as usual, company lawyers said yesterday.
Mac virus alert
 THE headlines seemed designed to alarm Mac users.
?Virus found in pirated copies of iWork ?09" and ?Mac pirates catch cold,? news sites blared last week. These were followed quickly by ?Second Mac trojan attacks pirated Photoshop CS4.? From these, it was just a hop, skip and jump away to ?Mac malware tide on the rise.?
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Cojuangco party sets terms of merger with Lakas, Kampi
By Christine Herrera
Nationalist People?s Coalition, the political party headed by business tycoon Eduardo Cojuangco Jr., is willing to coalesce with the ruling Lakas Christian-Muslim Democrats and Kampi.
Alabang Boys? kin lose bid for liberty
By Rey E. Requejo
THE Court of Appeals said yesterday that the three drug suspects dubbed as the ?Alabang Boys? will remain in detention at the Philippine Drug Enforcement Agency because the dismissal of the charges against them will still have to be reviewed.
Generals figure in the latest reshuffle
By Joyce Pa?ares, and Joel M. Sy Egco
PRESIDENT Arroyo has begun another round of reshuffle and appointments in her official family, this time focusing on three retired police generals transferring to key posts within the Transportation Department.
House, Senate at odds over baselines bill
By Roy Pelovello
THE HOUSE of Representatives yesterday approved on third and final reading the baselines bill that delineates the Philippine territory, a version that contrasted with that which the Senate earlier approved.
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Eastwood City not Libis, but Bagumbayan domain
By Joel M. Sy Egco
Neither Libis nor Ugong Norte but Bagumbayan?or so its chairman declares?is where Eastwood City belongs.
Airport?s two x-rays down; check in early
The Manila International Airport Authority is urging passengers to check in at least three hours earlier at the Ninoy Aquino International Airport after two of its four x-ray machines bogged down.
Desk job for Customs group
The Customs Intelligence and Enforcement Group has been restricted to office work with its 50-man staff farmed out to the Enforcement and Security Service, and the Intelligence and Investigation Service.
Households training on waste management |
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