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SEC allows Cojuangco to skip tender-offer rule
By Jenniffer B. Austria
SAN Miguel Corp. has gained three board seats in Petron Corp. but will not be compelled to make an offer on the remaining shares in the oil refiner, as the law requires, when a party gains 35 percent or more of a public company.
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Justice Secretary Raul Gonzalez returns to his office after meeting state prosecutors including Antonio Arellano, Edward Togonon, and Crisaldo Rioflorido who have taken to wearing arm bands to sympathize with colleagues accused of bribery. Ey Acasio |
Gonzalez, unfazed, to form special drugs panel
By Rey E. Requejo
JUSTICE Secretary Raul Gonzalez yesterday said he would create an independent panel to investigate allegations of bribery against members of his own department?s task force on illegal drugs.
NPA owns up to bomb attack on governor
Fernando blankets Edsa with surveillance cameras
Northrail wants $300m more funding
3,000 stranded at airports
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Treasury bill rates plunge
By Lawrence Agcaoili
Treasury bill rates fell steeply yesterday due to strong demand on the back of easing inflation and possible further rate cuts by the Bangko Sentral, National Treasurer Roberto Tan said.
First Metro to package P70b worth of debt issue
By Jenniffer B. Austria
First Metro Investment Corp., the investment banking unit of Metropolitan Bank and Trust Co., is packaging P70 billion worth of borrowings by both the government and private sectors amid a slowing economy.
BSP booked P3.68-b income in 9 months
By Eileen A. Mencias
The Bangko Sentral ng Pilipinas yesterday reported a net income of P3.68 billion in the first nine months of the 2008, a sharp turnaround from the P28.93-billion loss it registered year-on-year.
Non-life insurers slam Makati for discrimination
Non-life insurers sought the help of the Insurance Commission and the Finance Department after the Makati city government limited the issuance of policies to 15 accredited insurance companies.
GSIS says it?s still active in the local capital market
State-run pension fund manager Government Service Insurance System remains an active player in the local capital market despite allotting $1 billion for global investments.
Dump Windows, save millions
 XAVIER School is demonstrating what most of us have long believed: an organization can safely dump Microsoft Windows and save millions of pesos by replacing it with Linux, a free and open source operating system.
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Pinoy climbers reach Torq peak
By Peter Atencio
THE seven-member Mt. Everest Team, led by former Transportation Undersecretary Art Valdez, made the summit of Mt. Torq?Southeast Asia?s highest peak?in Kota Kinabalu at the crack of dawn yesterday and stayed there only for an hour due to bad weather.
Pacman won?t accept 50-50 split
By Ronnie Nathanielsz
FILIPINO boxing icon Manny Pacquiao?s lawyer said they won?t accept a 50-50 revenue sharing for the planned May 2 showdown with Britain?s Ricky ?The Hitman? Hatton and may look for another opponent.
Alvarez confident of transfer
By Rey Joble
AIR21 president and board representative to the Philippine Basketball Association Lito Alvarez expressed confidence the board of governors would allow his company?s request to transfer its existing franchise to one of the companies owned by the Lina Group?Burger King.
Air21 presents documents
THE special board meeting called by chairman Joaqui Trillo to discuss the media-publicized plans of Air21 to change its team name to Burger King in the import-reinforced conference nothing much was achieved.
Generals stay in contention
Killing the sport of boxing |
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Unfair
The decision was unfair. But then, there was enough unfairness to go around?emanating from both sides? in l?affaire Valley Golf.
The family of Delfin de la Paz was quick to call the decision to expel their dad from the golf club for instigating the celebrated Christmas week brawl unjust.
The drug menace is a security threat
No clash
Israel?s Gaza Ghetto
By Antonio C. Abaya
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Senators go after anti-laundering chief
By Fel V. Maragay
A top official of the Anti-Money Laundering Council was again summoned by the Senate Blue Ribbon committee to answer allegation that he connived with former Agriculture Undersecretary Jocelyn Bolante in the withdrawal of bank deposits linked to the fertilizer fund scam. Senate probers will resume hearing on the Bolante case on Jan. 20.
World Bank seeks urban growth plan
Economic growth in the Philippines remains unbalanced with Metropolitan Manila accounting for a third of the country?s economy, economists said yesterday.
Impeach-Puno bid pure speculation, Nograles says
Chief Justice Reynato Puno drew more supporters from the Senate yesterday even as House Speaker Prospero Nograles branded the impeachment move as ?pure speculation and devoid of factual basis.?
Death for drug dealing pushed traffickinga
By Roy Pelovello
A bill has been filed in the House of Representatives seeking to restore the death penalty solely on cases involving dangerous drugs.
Manila, Japan sign memo on nurses
A MEMORANDUM of understanding was signed yesterday between the Philippine Overseas Employment Administration and its Japanese counterpart to pave the way for 500 Filipino nurses and caregivers to undergo training and get employed in Tokyo.
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Suits against cosmetic surgeon dumped
By Joel M. Sy Egco
A cosmetic surgeon who has been implicated in a string of criminal cases was exonerated by the Quezon City Prosecutor?s Office due to lack of probable cause.
Business-woman, driver arrested for slay attempt
A business-woman who tried to kill a man whom she suspected of robbing her two years ago landed in jail when he survived to tell his story.
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