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YOUNG
performers rejoice as confetti drop during the 109th
Independence Day celebration at Manila’s Rizal Park on
Tuesday, June 12. In her speech, President Arroyo called
for unity among the newly elected officials following the
May polls. --AP |
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Buñag stays pending review |
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PRESIDENT
Arroyo is keeping Bureau of Internal Revenue (BIR)
Commissioner Jose Mario Buñag pending a further review of
the bureau’s performance under his watch, Finance Secretary
Margarito Teves said on Tuesday. |
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No
real independence yet, says Chief Justice Puno |
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CHIEF
Justice Reynato Puno said the Philippines has yet to achieve
full independence and establish itself as a sovereign state
109 years after the Proclamation of Independence in Kawit,
Cavite, on June 12, 1898. |
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Criminal cases in tax scam crawl |
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THE main
witness to the P2.5-billion tax -credit scam involving the
Chingkoe Group of Companies has despaired over the lack of
progress in prosecuting the perpetrators. |
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GMA
wants free hand in GOCCs |
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PRESIDENT
Arroyo has directed concerned Cabinet officials to ask for
the courtesy resignation of her presidential appointees in
government-owned and -controlled corporations (GOCCs). |
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Government may tap more ODA for financing |
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THE
government is willing to exceed its self-imposed credit
ceiling in so-called official development assistance or ODA
sources as “alternate financing” to supplement what has not
been forthcoming from both local and foreign sources of
funding. |
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P1.23-trillion outlay seen to lead to balanced budget |
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THE national
government is eyeing a P1.227-trillion budget next year to
be funded by revenues of P1.236 trillion, Budget Secretary
Rolando Andaya Jr. said on Tuesday. |
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BSP
poises sanctions on trust unit |
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THE Bangko
Sentral ng Pilipinas (BSP) is set to penalize the Rizal
Commercial Banking Corp.-Trust and Investment Division (RCBC-TID)
for “lack of prudence in the management of the trust fund of
Pacific Plans Inc. (PPI).” |
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Solons weigh in on $330-M IT deal |
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TWO senators
pressed the Arroyo administration to scrap the controversial
$330-million broadband deal with China-based ZTE Corp.,
hinting that Malacañang could get mired in another big
scandal that would rock government so soon after the midterm
election. |
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MORE STORIES ... |
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‘Viva Las Bee-gas’.
Filipinos in the Nevada area
have one more weapon for fighting homesickness: the first
Jollibee outlet outside California has just opened in Las
Vegas, bringing to 12 the total number of outlets in the
US. Business was remarkable right on opening day, with a
continuous stream of 6,000 guests and posting the highest
opening-day sales in more than 600 Jollibee stores
worldwide. It was also double the usual first-day sales
among US stores. Four more stores are actually being
planned in the US: three in Northern California
(Sacramento, Vallejo and San Bruno), and one in Southern
California. |
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