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Mt. Everest conquerors
Leo Oracion, right, and Erwin Emata wave to the crowd at the
Ninoy Aquino International Airport following their arrival
after successfully reaching the top of the 29,028-feet Mt.
Everest on May 17 and 18, respectively.
Recto Mercene |
| HEADLINES |
Jetro
poll: Biz outlook dim
CONCERNED about falling domestic demand and rising interest
rates, a growing number of Japanese investors here are saying
their business will do “worse” this month until
September this year. |
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BSP
shuns deal with Banco Filipino
THE Bangko Sentral ng Pilipinas has rejected an offer by Banco
Filipino, a thrift bank that was once the country’s
largest, to try to work out a settlement regarding damage
claims worth P18.8 billion. |
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RP still lags in education,
health delivery, says WB
DELIVERY of the basic services remains a priority issue that
has yet to be fully addressed by the government, according
to a World Bank executive. |
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Big banks pick up pieces of
UITF mess
SOME of the big guns in banking
have assembled their top money managers to distill the lessons
learned from the mass selldown of unit investment trust fund,
or UITF placements. |
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MORE STORIES
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ECONOMY
P100-M credit
facility to fund coco ventures
A P100-million credit facility is being put up by the Arroyo
administration to bankroll agribusiness ventures of coconut
farmers long reeling from a global industry slump.
House leaders
to balance interests of laborers, employers on wage issue
NOTWITHSTANDING the strong objection posed by businessmen
to the proposed legislated wage increase, House leaders assured
the country’s labor sector on Tuesday that Congress
will balance the interests of both the labor and employers’
sectors without compromising the need for increasing the worker’s
take-home pay.
10,000 participants
join pro-Lafayette prayer-rally
LEGAZPI CITY—An estimated 10,000 people took part on
Tuesday in the pro-Lafayette Philippines Inc. prayer-rally
for “responsible mining” and the signing of a
memorandum of understanding at the Legazpi Astrodome.
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| OPINION |
EDITORIALS
Broken English,
broken buildings
IT was a perfect killer quake. Just when people thought
the danger lies up ahead at grumbling Mount Merapi, the
quake suddenly came like a thief in the night, claiming
the lives of 5,400 people, and still counting. It happened
in Indonesia; it could happen in the Philippines. The question
now is—is the Philippines ready?
‘Sentence
first, verdict later’
The Arroyo administration welcomed Amnesty International’s
(AI) report on its dismal human rights record by abducting
five supporters of former President Estrada.
Burmese delusions
WASHINGTON—Aung San Suu Kyi knows where she will be
spending her 61st birthday next month.
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PESO
DOLLAR
RATES |
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PSE
COMPOSITE
INDEX |
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BSP
EXCHANGE
RATES |
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WEATHER |
| NORTHERN
Luzon, the eastern section of central Luzon, the Visayas and Mindanao
will experience mostly cloudy skies with scattered rainshowers or
thunderstorms. The rest of the country will have partly cloudy to
cloudy skies with isolated rainshowers or thunderstorms mostly in
the afternoon or evening.
Light to moderate winds blowing from the southeast and south will
prevail over Luzon and light easterly and variable over the rest
of country. The coastal waters throughout the archipelago will be
slight to moderate.
SOURCE: PAGASA |
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