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PRESIDENT
ARROYO cuts the ceremonial ribbon to open the New
Container Terminal 1 at the Subic Bay Free Port. With her
are (from left) Secretary Edgardo Pamintuan, Trade
Secretary Peter Favila, Japan Ambassador Ryuichiro
Yamazaki, Sen. Richard Gordon and Administrator Armand
Arreza of the Subic Bay Metropolitan Authority.
--HENRY EMPEÑO |
| HEADLINES |
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Power law reform sought |
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SUBIC
FREEPORT—President Arroyo wants a two-step approach to
lowering electricity charges to consumers: the amendment of
the Electric Power Reform Act (Epira) to allow speedier open
access of investors, and the faster privatization of
government power plants. |
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Exporters ask government to waive royalties to lower energy
costs |
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The export
sector has asked the government to stop collecting royalty
from power firms that use natural gas and geothermal power
to generate electricity, which happens to be one of the most
expensive in the region. |
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Medium-term targets may be only half met |
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THE
GOVERNMENT progressed in only 45 targets out of 93 in 11
sectors included in its 2004-2010 Medium Term Philippine
Development Plan, leading the National Statistical
Coordination Board (NSCB) to conclude majority of the goals
may not be achieved. |
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Businessmen highlight the role of innovation to boost growth |
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Innovation
is the main key to boost growth whether it’s in business or
in the national economic agenda. This was the message
emphasized on Thursday by several speakers at the National
Conference on Innovation in Makati City organized by the
Department of Science and Technology. |
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New
Subic container terminal opens |
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THE New
Container Terminal 1 (NCT-1), the first phase of the
$215-million government project to make the Subic Bay
Freeport Zone seaport facilities into a major container
port, was inaugurated yesterday by President Arroyo. |
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Government ready to face inquiry on ZTE deal |
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SUBIC
FREEPORT—The government is prepared to address all legal
questions and legislative inquiry related to the
$329-million national broadband network contract with
Chinese government corporation ZTE, Transportation Secretary
Lenadro Mendoza said on Thursday. |
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Ex-staff accuses UNDP rep of abusing authority |
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United
Nations Development Programme (UNDP) resident representative
Nileema Noble has been accused of maltreatment and of
abusing her authority in charges filed at the UN Ombudsman
and UNDP Headquarters in New York. |
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Naia-3 contractor receives ultimatum to finish repair |
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SUBIC
FREEPORT—The Japanese contractor of the Ninoy Aquino
International Airport (Naia)-Terminal 3 must deliver on its
commitment to finish repair work on the facility “or else”
face criminal and civil lawsuits and possible exclusion from
future government projects. |
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US
software maker Lawson opens RP office |
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US-based
Lawson Software on Thursday announced the entry of Lawson
Software Asia-Pacific into the
Philippines. |
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MORE STORIES ... |
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DAVID HOPE,
Lawson Software regional managing director for Asia and
Japan, talks about the entry of the company in the
Philippines. Lawson Software, a leading global enterprise
resource planning solutions and applications provider, has
set up a direct sales and marketing office at the Bonifacio
Global City. -- RHOY
COBILLA |
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