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Palace ramps up economic stimulus package to P330b
By Joyce Pangco Pa?ares
PRESIDENT Arroyo has approved a 10-percent increase in her administration?s economic stimulus package to create 3 million jobs and to finance an infrastructure buildup this year, bringing the fund total to P330 billion.
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Coated with hope. President-
elect Barack Obama applies a coat of paint Monday to a youth shelter in Washington, D.C. BLOOMBERG |
Obama steps into history amid hope, economic turmoil
By Terence Hunt
WASHINGTON?Stepping into history, Barack Hussein Obama grasps the reins of power as America?s first black president in a high-noon inauguration amid grave economic worries and high expectations.
Troubled Pacific Plans acquired by Asian Spirit seller
Churches suffer from collection meltdown
Stabbed horses can?t race for three months?doctors
US offers to help in abduction
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Petron readies ethanol sale
By Alena Mae S. Flores
Petron Corp. will start selling gasoline blended with 10 percent ethanol in all its nearly 200 stations in Metro Manila next month, simultaneous with the start of commercial operations of its supplier, San Carlos Bioenergy Corp.
DTI: Duties on glass imports lowered 5%
By Elaine Ramos Alanguilan
The Trade Department has reduced the safeguard duties slapped on glass imports from China, Indonesia and Taiwan by 5 percent effective next month.
De Jesus likely to get Meralco post
The board of Manila Electric Co. will likely appoint Jose de Jesus, former president and chief executive of Manila North Tollways Corp., to replace Jesus Francisco as president of the country?s biggest power distributor.
Ready, AIM, retire
 THE two main protagonists in the faculty-management fight at the Asian Institute of Management have opted to retire amid the thicket of legal cases now threatening to swamp the region?s first management school.
Cheap striptease act
By Gerry Geronimo
Despite having had barely three hours and a half of sleep the night before, I dragged myself out of bed on Sunday at 4:30 in the morning to make it to the opening bell of the Philippine Stock Exchange?s Bull Run 2009, a running event dubbed ?Takbo Para Sa Ekonomiya,? scheduled at 6:00.
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Pacman to get more than $11m
By Ronnie Nathanielsz
AFTER a week of quibbling over a revenue split involving the planned May 2 mega-buck fight between the world?s no. 1 pound-for-pound fighter Manny Pacquiao and International Boxing Organization light welterweight champion Ricky Hatton of Britain, Top Rank promoter Bob Arum is positive that a deal will be done.
Realtors, Beermen eye equalizer
THE KFC-Philippine Basketball Association Philippine Cup has reached the pivotal peak of the best-of-seven semifinals series.
Asean basketball formed
ASEAN basketball is ready for the big time.
The Asean Basketball League, an initiative between private investors from various industries and the Southeast Asia Basketball Association, was recently launched with the aim of creating a regional basketball tournament that would be open to professional teams owned and operated by private owners.
Pro league can?t fit into regional caging, for now
PHILIPPINE Basketball Association commissioner Sonny Barrios said he doesn?t see how the pro league could join the newly formed Asean Basketball League scheduled to start in September.
Players brace for windy Country Club golf
By Adrian Flores
STA. Rosa City, Laguna?The wind always blows here, but it is predictable. Well, it just would not be The Country Club Invitational without flags flapping and players fast-changing clubs on each hole, and with that perfect shot getting whiffed around and way off the target.
Blue Thunders make finals
Credentials of Thailand boxers questioned
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Bolante dips into bank accounts
By Fel V. Maragay
Former Agriculture Undersecretary Jocelyn Bolante yesterday admitted to having withdrawn funds from his bank accounts after the freeze order of the Court of Appeals expired last Dec. 20. He declined to say how much money he withdrew and from what bank.
Networks war: Lopezes lose piracy case against Cojuangco
By Rey E. Requejo
The Lopez family-controlled ABS-CBN has lost the infringement case it filed against the Philippine Multi-Media System Inc., a direct-to-home television operator owned by businessman Antonio ?Tonyboy? Cojuangco.
Bidding set for P978-m road project
By Joel E. Zurbano and Roy Pelovello
THE Department of Public Works and Highways will bid out today a contract for a P978-million road improvement project, making it clear that three companies blacklisted by the World Bank will not be allowed to participate.
Lakas begins screening 2010 bets
THE ruling party Lakas Christian Muslim Democrats will hold an expanded executive committee meeting next week to discuss the selection process for its standard-bearer in the 2010 presidential elections.
Sale of general?s luxury car pushed
SPECIAL Prosecutor Dennis Villa-Ignacio is pressing for the immediate auction of a Honda sport utility vehicle the government seized from retired Maj. Gen. Carlos Garcia, who?s accused of amassing wealth during his term as military comptroller.
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Judge files answer in adultery case
By Ferdinand Fabella
The Makati City judge, who has been sued for having sexual relations with a married woman, filed his counter-affidavit before the Prosecutors Office yesterday, two months after the husband took the case to court.
Manila, QC extend tax deadlines
Manila and Quezon City have extended their deadlines for the payment of local business taxes and fees.
Two fires kill three
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