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Pre-need association sounds financial SOS
By Jenniffer B. Austria
THE pre-need industry will show a steep deficit for 2008, with liabilities surpassing trust funds, after investment earnings took a beating from the global financial meltdown.
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Hello and goodbye. President and Mrs. Barack Obama dance at the Inaugural Ball while President George W. Bush leaves the White House. Bloomberg |
Stocks fall on worst-ever inauguration-day decline
TOKYO?Asian stocks fell Wednesday after a plunge on Wall Street, where financial fears eclipsed hope that US President Barack Obama will move quickly to resuscitate the stricken economy.
Obama team pushes bank-rescue plan
House okays budget, but Senate delays its approval
Malaca?ang switches jobs of key aides
Malaca?ang to watch Obama action on crisis
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PDIC tapping P14-b loan
By Eileen A. Mencias
Philippine Deposit Insurance Corp. is tapping a P14-billion loan from the Bangko Sentral to pay the deposit claims of banks closed in the past six weeks, banking sources said.
Aboitiz readies bids for Pagbilao, Sual plants
By Alena Mae S. Flores
Listed Aboitiz Power Corp. has expressed interest to participate in the bidding for the contract to operate the 700-megawatt Pagbilao coal plant in Quezon and the 1,000-MW Sual coal plant in Pangasinan, a company official said.
Napocor likely incurred a loss of P63.2b in ?08
National Power Corp. likely incurred a net loss of P63.19 billion in 2008, the first time after three years of continued profitability, documents from the Budget and Management Department show..
Neda committee approves P470-m upgrade of PTV 4
By Roderick T. dela Cruz
The Investment Coordination Committee of the National Economic and Development Authority has approved the upgrading of the government-owned broadcast network PTV 4.
Macau up in arms against Las Vegas Sands owners
 Macau, a gambling enclave frequented by rich Chinese and moneyed foreigners, and where hundreds of migrant Filipinos work, is about to get caught in a tempest. Macau residents are up in arms against Nevada-based Las Vegas Sands Corp., owner and operator of Sands Macau Casino Resort, over its plan to abandon a development project at the Cotai strip on a reclaimed land and invest, instead, in Singapore, Macau?s strongest rival in the casino and leisure business.
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Texters almost there
By Rey Joble
GAME 4 of the KFC-Philippine Basketball Association Philippine Cup best-of-seven semis series last night at the Cuneta Astrodome was another shootout encounter. The Tropang Texters of Talk N Text came out fully loaded and preserved their best for last.
On-and-off Pacman showdown is off again
By Ronnie Nathanielsz
THE mega-buck fight between Filipino boxing icon Manny Pacquiao and Britain?s Ricky Hatton is off.
NBA stars honed Japeth?s game
FOR those players who want to elevate their game to the highest level, there?s no better way than competing against some of the best.
Que tries to become Country Club 2-time champion
By Adrian Flores
STA. Rosa City?Philippine Golf Tour Order of Merit champion Angelo Que will be looking to accomplish a feat at The Country Club Invitational when he tries to become the second two-time winner of the annual tournament staged by the International Container Terminal Services Inc.
Top seeds crush foes
By Arman Armero
PALAYAN City, Nueva Ecija? There were no surprises in the opening round, as the top seeds rolled past their untitled opponents at the start of the 1st Gov. Aurelio ?Oyie? Umali Chess Championship at the Sierra Madre Suites here.
Foreign sailors join regatta
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The Cabinet shuffle
What do Press Secretary Jesus Dureza and Presidential Adviser on the Peace Process Hermogenes Esperon have in common, apart from a widespread perception that both have miserably failed in their jobs? Well, according to some wits who observe the Palace for a living, both may have been fired but they will still retain important (or even bigger) jobs in the Arroyo administration.
A maverick takes over
The Chinese Lunar New Year
Israel?s worst nightmare
By Antonio C. Abaya |
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Road project draws big-time contractors
By Joel E. Zurbano
SIX big construction firms submitted bids for a road rehabilitation project in Metro Manila even as the Public Works Department began its inquiry into the alleged rigging of bids for a World Bank-assisted project.
Senate weighs options on rent control law
By Fel V. Maragay
The Senate is mulling over the possibility of enacting a permanent rent control law, instead of merely extending the law by three years or more upon its expiration.
Blue Ribbon witness finds life is no picnic
THE request of a whistle-blower to use two Senate vehicles and join his family?s excursion in Laguna was shot down by a senator for being frivolous.
Lawmakers buck foreigners? entry into telecom trade
TWO lawmakers yesterday warned the National Telecommu-
nications Commission against allowing foreign ownership of mobile phone content providers, because this is against the Constitution.
GSIS tells pensioners to renew active status
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Liquor curfew back in Taguig
Prolonged ?happy hours? in establishments across Taguig City are now over with the return of the liquor curfew from 2:30 a.m. to 6:30 a.m.
Business Permit and Licensing Office chief Jeffe Minglana said business owners have been informed that the one-hour extension no longer applied as of Jan. 15.
Court upbraids Alabang Boys? lawyer
The Court of Appeals yesterday reset next week proceedings on the habeas corpus petition filed by relatives of suspected drug violaters but only after upbraiding a defense lawyer over the late filing of a motion to intervene.
City Hall shakedown looming
By Tony Macapagal
Manila City Hall is abuzz these days with talks of a reshuffle after employees and executives admitted that Mayor Alfredo Lim has started asking for courtesy resignations.
MMDA co-op makes hay
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