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House threatens to put cap on tuition increases
By Roy Pelovello
CONGRESS will invoke its oversight powers to stop private schools from unduly increasing tuition at this time of crisis, an official said yesterday.
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Unpaid taxes undid it. This is the Ever Gotesco Grand Central mall in Monumento |
Caloocan takes over Gotesco mall
THE Caloocan City government has been authorized to take over the Ever Gotesco Grand Central Mall on Rizal Avenue after its management failed to pay P722 million in realty taxes over 23 years, even as stall holders protested the writ of possession issued by a court.
Cash transfers through cell phones raised to P100,000
Court extends freeze on Korina?s swindler
An optimistic Lexus rolls out another model
Gonzalez has Mancao?s affidavit
Access to cheap medicine a priority
Legacy Group officials to face De los Angeles
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UCPB gets P11b from govt
By Eileen A. Mencias
Government’s deposits with United Coconut Planters Bank have increased to P11 billion, sources said over the weekend.
Bronze Oak eyes Tarlac, Bukidnon ethanol plants
By Alena Mae S. Flores
Bronze Oak Philippines plans to construct two bio-ethanol plants with a combined capacity of 75 million liters annually in Bukidnon and Tarlac, the company said.
Sumitomo forms local electronics firm
By Jenniffer B. Austria
Sumitomo Corp. of Japan has formed a local unit, called Sumitomo Corp. of the Philippines, to engage in manufacturing electronics and semiconductors in the Philippines.
SEC slaps P1-m fine on Splash Holdings
The Securities and Exchange Commission has slapped Splash Holdings Inc., the parent company of personal care manufacturer Splash Corp., with a P1-million fine for failure to comply with regulatory requirements.
Barclays Capital sees growth slowing to 3%
By Lawrence Agcaoili
Barclays Capital, the investment bank of London-based Barclays Bank PLC, sees the growth of the Philippine economy slowing down further to 3 percent this year due to the global meltdown.
MVP-Ramon Ang?s ?friendly? overtures
 SAN MIGUEL president Ramon Ang and PLDT chairman Manuel V. Pangilinan met one-on-one last month, prior to the spectacular run-up in the share price of the Manila Electric Co.
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Mamiit steers RP to semifinals
CECIL Mamiit’s heroics helped the Philippines clinch its Asia Oceania Zone Group II Davis Cup tie against Hong Kong at the Victoria Park court yesterday.
Beermen stun Titans, 114 to 105
By Rey Joble
SAN Miguel Beer made up for the absence of its top guns and repulsed the late rally of Burger King, 114-105, in the Motolite Philippine Basketball Association Fiesta Conference at the Araneta Coliseum last night.
Moorer takes over Pacman?s training
By Ronnie Nathanielsz
FORMER world heavyweight champion Michael Moorer takes over the training of Manny Pacquiao when trainer Freddie Roach leaves for Britain today to be in the corner of lightweight Amir Khan for his battle with Mexican legend Marco Antonio Barrera at the MEN Arena in Manchester on March 14.
Mismatch in the offing
BY all indications, there’s another mismatch in the offing when the Philippines’ Romart Sentillas, whose fight record according to boxrec.com is 6-2 with 4 knockouts, faces former world minimum weight champion Katsunari Takayama, who has fought some of the best in the minimum weight division and has a record of 22-3 with 9 knockouts.
Gaddi sweeps Mini-Rok class
CHRISTIAN Gaddi, the Cadet Karter of the Year by the 6th Golden Wheel at the Casino Filipino Grand Theater in Parañaque, is ready for a higher calling.
Purefoods off to good start
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Arroyo party eyeing Escudero for 2010
By Roy Pelovello
In search of a standard-bearer for the 2010 elections, the Kabalikat ng Malayang Pilipino is considering casting its lot with Senator Francis “Chiz” Escudero, whom party stalwarts see as the Barack Obama or underdog that will win the contest for the Philippine opposition.
Madrigal?s efforts went to naught
By Fel V. Maragay
Senator Jamby Madrigal worked herself to death, staying late for several days to have the Magna Carta of Women completed and approved by Congress in time for the celebration of the International Women’s Day Sunday.
Govt to require waste segregation
By Joyce Pangco Pañares and Macon Ramos Araneta
President Arroyo is requiring business establishments and households to segregate their trash in a bid to reduce solid waste output in the country by 50 percent within the next six months.
Gokongwei offers China scholarships
Taipan John Gokongwei Jr. is looking for the second batch of Gokongwei Brothers Foundation China Scholars—more than 30 young and bright Filipinos who will be trained here and in China to be among the country’s future leaders.
Pangasinan honors top achievers
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Riot rocks QC jailhouse
By Joel M. Sy Egco
A riot between two gangs erupted inside the Quezon City Jail early evening Saturday, amid talk of loose management of the facility including special accommodations for well-heeled inmates.
MMDA banning soft drinks cargo trucks
General manager Robert Nacianceno of the Metro Manila Development Authority wants to ban trucks of soft drinks dealers over major roads during daytime to ease traffic congestion.
Barican begs off from attending trial
Former presidential spokesman Fernando “Jerry” Barican has asked the permission of the Makati Regional Trial Court not to attend the trial of the P2-million estafa case filed against him by former Development Bank of the Philippines chairman Antonino Alindogan Jr.
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