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VINCENT
LAZATIN (left), executive director of the Transparency and
Accountability Network (TAN), and Tony Laviña, TAN
chairman, unveil highlights of the State of Corruption
Report. --NONOY
LACZA |
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RP,
IMF face off on fiscal issues |
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MANILA
has seen the last of the post-program monitoring (PPM)
scheme of the International Monetary Fund (IMF) and starts
today a whole new economic future in which the fiscal sector
will be closely watched under Article IV of the IMF’s
covenant with member-countries. |
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Contract with UK firm gave Lotilla trouble? |
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A BREWING
controversy over another exploration contract is being cited
as a key factor in the changing of the guard in energy amid
growing interest among foreign exploration companies in the
local oil and gas sector. |
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Experts: It’s poor governance, stupid |
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AS President
Arroyo delivers her seventh State of the Nation Address (Sona)
Monday, academicians, her fellow economists and members of
civil society are skeptical of the government’s claims that
the economy is accelerating and will soon take off. |
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Poll: Pinoys divided on GMA’s record |
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FILIPINOS
remain divided on President Arroyo’s performance but gave
higher marks to other top government officials, the latest
Pulse Asia survey showed. |
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Tan:
Comelec a weak link |
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THE
Commission on Elections (Comelec), President Arroyo and the
executive offices under her are the biggest “problems” as
the country tries to wriggle out of its tag as one of the
most corrupt countries in Asia, a local anticorruption group
said over the weekend. |
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Exporters now coping with strong peso |
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AFTER
complaining they are being “shortchanged” by the peso’s
climb in value, the exporters apparently have now accepted
the situation and have begun to adjust, according to Trade
Secretary Peter Favila. |
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Exclusive:
Smart, Globe mobile TV race: just like 3G |
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CELLULAR
telephone firms Smart Communications Inc. and Globe Telecom
are going to launch their own respective mobile television
services this week, and sources said they are competing on
being able to launch the service ahead of the other. |
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Bid
to block privatization of government health facilities nixed |
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THE Supreme
Court has upheld the constitutionality of the Health Sector
Reform Agenda (HSRA) of the Department of Health and
Executive Order 102 issued by former President Joseph
Estrada allowing the privatization of various state-owned
hospitals and health facilities. |
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RP
inches way up ladder of biotechnology users |
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From
nowhere, the Philippines is now the 14th leading propagator
of agricultural biotechnology products, a substantive climb,
considering the initial resistance to genetically modified
(GM) crops and the spirited attacks on biotechnology. |
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Universal charge in Epira upheld |
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THE Supreme
Court, voting 14-0, has affirmed the constitutionality of a
provision of Republic Act 9136, or the Electric Power
Industry Reform Act (Epira), allowing the imposition of the
universal charge on electric consumers starting July 2003. |
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MORE STORIES ... |
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Philequity Fund
posts profits
Philequity Fund Inc., chairman Ignacio B. Gimenez (fourth
from left, with microphone) presents during the annual
shareholders’ meeting the positive performance posted by the
company as “Best Performing Equity Funds” in the 10-year,
five-year and three-year return categories, which was
awarded by the Investment Company Association of the
Philippines in April, with both Roberto Lorayes and Wilson
Sy being awarded “Fund Managers of the Decade.” Due to
positive growth, shareholders unanimously approved the
reelection to the board of directors for 2007 of (from left)
Ramon Sy, A. Bayani K. Tan, Enrique P. Esteban, Gimenez,
Roberto Lorayes, Violete O. Luym and Antonio R. Samson. |
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