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PRESIDENT
Arroyo addresses the opening ceremony of the 63rd United
Nations General Assembly at the UN headquarters in New
York City. She cited her government’s efforts to push
fiscal and economic reforms, increase investments in
social development to help meet commitments to the UN’s
Millennium Development Goals, and foster peace in
Mindanao.
--COURTESY OF PCPO |
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TOP STORIES |
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‘Bare GSIS global foray’s
details’ |
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EMBOLDENED
by congressional signals of a planned inquiry, regular
contributors to the Government Service Insurance System (GSIS),
led by public-school teachers, are pressuring GSIS president
and general manager Winston Garcia to disclose the status of
the GSIS’s $1-billion foreign-investment program amid fears
it could be burned in the meltdown on Wall Street. |
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Funds used for school buildings
that were not needed |
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OKAY, the
country lacks classrooms. Many students in remote areas
study under the proverbial mango tree. The solution, as
proposed by Malacañang, is to increase funding for the
Department of Education (DepEd). So far, so good.
But what is
this? The House think tank, in its review of the proposed
2009 DepEd budget of P167.9 billion, discovered a whopper:
Last year alone, the department apparently wasted hundreds
of millions of pesos on school buildings in locations that
have no need of additional classrooms. |
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Bakers left with no choice:
Bread prices rise next week |
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WHEN push
came to shove, the bakers blinked and the flour millers got
their cake—they will not bring back the cost of flour to the
July level of P930 per 25-kilogram bag. So now, bakers have
to raise their bread prices next week, they said.
Simplicio
Umali, president of the Philippine Baking Industry Group and
general manager of Gardenia Bakeries Philippines, said
company-to-company discussions with the millers failed to
yield positive results as of 5 p.m. on Tuesday, the deadline
set by the Department of Trade and Industry for the two
camps to settle their pricing differences. |
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US
House OK’s Filipino vets’ equity bill; only 18,000 are left |
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WASHINGTON, D.C.—The US House of Representatives passed legislation on Tuesday to
reward more than 18,000 Filipinos belatedly for their
service with US forces in the Philippines during World War
II. |
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Irked by cement price hike,
Favila eyes tariff lifting |
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THE
foreign-dominated domestic cement industry has apparently
earned the ire of Trade Secretary Peter Favila for the still
“unjustified” price increases. |
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Beyond formula, items with milk
ingredients watched |
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AMID growing
fears over the safety of Chinese milk products that have
killed four children and caused more than 50,000 infants to
fall ill in China, the Department of Health imposed a
blanket ban on “all” infant formula and other milk products
in the Philippine market. |
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‘Stop Pacquiao fight’ |
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A SENIOR
House member urged the Games and Amusements Board (GAB) on
Wednesday to pursue its effort to stop the much-awaited
Pacquiao-de la Hoya fight on December 6 for fear the
“People’s Champ” may come home on a stretcher, or worse. |
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P65-B poll-automation bill
bloated: lawmakers |
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THE Joint
Congressional Oversight Committee on Automated Election
System (AES) flatly rejected as “bloated” the P65-billion
estimate by the Commission on Elections (Comelec) on the
supposed cost of implementing full computerization of the
2010 general elections. |
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P5-B Quedancor bailout hit |
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A MILITANT
legislator on Wednesday questioned the P5-billion bailout
package for the ailing Quedan and Rural Credit Guarantee
Corp. (Quedancor).
Party-list
Rep. Teodoro Casiño cautioned against hastily bailing out
Quendancor, saying that it has “to answer tons of questions
before getting its dirty hands on billions of pesos of
taxpayers’ money.” |
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DA
program suspended on COA report |
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THAT part of
the food security program that has local government units (LGUs)
partnered with nongovernment organizations (NGOs) and
people’s organizations (POs) has been virtually suspended
pending an investigation into discrepancies reported by the
Commission on Audit (COA). |
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More PAL flights to 3 countries |
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PHILIPPINE
Airlines (PAL) will service Australia, Singapore, and Osaka
and Fukuoka in Japan more often in time for the peak
Christmas holiday season.
The flag
carrier said it is adding frequencies between Manila and the
two Aussie points beginning November 30 to become a daily
service. |
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SIMPLICIO
UMALI JR. (center), president of the Philippine Baking
Industry Group, gestures as he fields questions at a
news conference in Makati City. Joining him are Leonardo
Figueroa of the Philippine Federation of Bakers
Association Inc. and Chito Chavez, owner of Tinapayan
bakery (right).
--ROY DOMINGO |
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