|
|
 |
|
SEC commissioner to resign over Legacy payments deal
By Fel V. Maragay
SEC Commissioner Jesus Enrique Martinez said yesterday he was considering resigning after he was confronted with canceled checks and claims he accepted millions from the collapsed Legacy Group in exchange for going easy on the trust-fund deficiencies of the pre-need company.
 |
Wedding bell blues. Photo taken after the Feb. 4, 2006 wedding of Jesus Glen Paolo Martinez, son of the beleaguered SEC commissioner (right), whose Para?aque house was allegedly paid for by the Legacy Group as a wedding gift. |
February car sales drop as global slowdown bites
MOTOR vehicle sales fell 4.7 percent in February, to 9,027 units from 9,474 in the same month last year, but assemblers said the decline was much smaller compared with the contraction in other markets.
PLDT admits accumulating Meralco stock
PAL bucks headwinds, adds West Coast flights
Ayala: 175,000 books for 175th anniversary
Filipino gains sympathy in Japan
Legacy helped lawmaker?s projects
Another round of talks set with rebels
Mancao affidavit placed in bank vault
|
|
Asia lost $9.6-t wealth in ?08
By Roderick T. dela Cruz
Asia took a bigger hit from the global financial crisis than the rest of the world, with financial losses in the region amounting to $9.6 trillion in 2008, the Asian Development Bank said yesterday.
Phoenix Petroleum buys Bacnotan from Phinma
By Alena Mae S. Flores
The board of Phoenix Petroleum Philippines Inc. approved the full purchase of Bacnotan Industrial Park Corp. and a 3.9-hectare property inside the Batangas Union Industrial Park, both owned by property developer Phinma Group.
Inflation woes hike Treasury bill rates
By Lawrence Agcaoili
The Bureau of Treasury allowed the yield of the benchmark 91-day and 182-day treasury bills to rise on the back of inflation worries and the smaller rate cut of the Monetary Board last week.
Zest-O to launch RC Cola in China ? Yao
By Eileen A. Mencias
Zest-O Corp. plans to expand to China and Vietnam amid the bleak global economy, Zest-O chairman and Ambassador Alfredo Yao told reporters yesterday.
Central bank, BIR agree on back taxes
The Bangko Sentral has reached a compromise with the Bureau of Internal Revenue over back taxes on overnight placements of banks under the reverse repurchase agreement.
ICTSI posts 37% revenue increase
International Container Terminal Services Inc. yesterday reported a 37 percent increase in gross revenues in 2008 on strong earnings from new terminals and growth in existing ones.
The Google habit
 WITHOUT our really noticing it, the word ?Google? has crept into everyday use as a verb to mean ?look up on the Internet.?
?Why don?t you Google him?? is something you might say if you wanted to dig up more information about someone. Of course, the word has become generic to a degree because a typical Internet search will quickly bring you to multiple sources. Still, much to the chagrin of its competitors, Google is most often the first stop in these online searches, giving the company dominance in search-based advertising.
|
|
Alcantara seals RP?s 4-1 victory
By Ronnie Nathanielsz
FRANCIS Casey ?Nino? Alcantara sealed the Philippines? victory over Hong Kong in the Asia Oceania Zone Group II Davis Cup tie at the Victoria Park court with straight sets 6-4, 6-4 victory over 22-year-old Michael Lai in the no-bearing final reverse singles match.
Painters hiring Gabe?s ex-teammate
By Rey Joble
AN ALL-AROUND player, who was once a collegiate teammate of Gabe Norwood, will be the new import of the Rain or Shine Elasto Painters beginning Thursday.
Olympic body launches Adopt the Athlete project
By Edwin Rollon
THE Philippine Olympic Committee will launch the ?Adopt the Athlete? program in a bid to raise money from private and corporate sponsors as part of the Olympic body?s thrust to become self reliant.
Macapagal bats for dialog
INSTEAD of severing its ties with the Philippine Sports Commission, the Philippine Olympic Committee should have settled its differences and try to work with the new leadership headed by PSC chairman Harry Angping.
Pacquiao enters 2nd week of training
Men of substance
|
|
|
The stink of Legacy
Manila Electric Co. president Jose ?Ping? de Jesus has called to clarify reports that his recent sale of 40,000 shares of Meralco stock may have been improper, given his current position as head of the controversial utility. According to De Jesus, he bought his Meralco shares in increments over a long period, before he assumed the leadership of the Lopez-controlled company.
A corrupt-free area in RP
Soap and water
Justice in slow motion
By Antonio C. Abaya |
|
|
|
|
|
Step up job creation, Public Works ordered
By Joyce Pangco Pa?ares
PRESIDENT Arroyo has ordered the Department of Public Works and Highways to hasten the implementation of its emergency job creation program after only 20 percent or 100,000 of the available 500,000 jobs have been filled up in the past two months.
Jailbirds may vote in 2010
By Joel M. Sy Egco
The Department of the Interior and Local Government, Commission on Human Rights and the Commission on Elections have agreed to allow thousands of inmates to vote in the next elections, saying that many jailbirds have not lost their right to vote.
Atienza posts gains; more areas reforested
By Othel V. Campos
The Environment Department chalked up a 56-percent increase in reforestation rate covering 43,609 hectares of denuded lands, from 27,838 hectares last year.
Graft conviction of 2 educators upheld
By Macon Ramos Araneta
THE Sandiganbayan has affirmed the conviction on falsification charges of two former officials of the Mindanao State University for approving the payroll of some 200 ?ghost employees? in 1987 and 1988.
Escudero: I?ll remain with the opposition
Senator Francis ?Chiz? Escudero said he would remain with the opposition no matter what the speculations are regarding political alignments in the 2010 elections.
|
|
After ABS-CBN,QC targets telcos
By Joel M. Sy Egco
After winning its tax suit against television network ABS-CBN over a P22-million refund in franchise taxes paid, the Quezon City government is now going after telecom-
munications firms.
P10-million Zuellig cargo goes missing
At least P10 million worth of imported medicines owned by Zuellig Pharma Corp. were released to a broker at the Ninoy Aquino International Airport without its knowledge.
Stall owners given 3 days to leave Gotesco mall
Amid a tense atmosphere at the biggest shopping mall in Caloocan City, a local court officer managed yesterday to tell about 300 occupants that they have until Wednesday to vacate their stalls.
|
|
