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Flags of our
partners. Flags
of the 13-member Dialogue Partners of the Asean flutter as
a worker weeds out the Philippine International Convention
Center, the venue for the 40th Asean Ministerial Meeting
and the Asean Regional Forum in Manila. Thousands of
police are mobilized to secure delegates for the
23-country Asean and their dialogue partners’ annual
ministerial meetings from July 29 to August 2.
--AP |
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| HEADLINES |
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DOF
asked for asset-sale plan |
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A DAY after
the UK-based Fitch Ratings doubted the government’s ability
to keep the deficit within the P63-billion ceiling for the
year and the Executive endorsed a P1.227-trillion budget for
2008, Finance Secretary Gary Teves dispelled skepticism over
the revenue woes and said their eyes were fixed on balancing
the budget by next year. |
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May
imports fall 3.4% on electronics dip |
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THE
country’s imports for May fell by 3.4 percent to $4.296
billion from last year as purchases of electronic products
declined during the period. |
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Bakers seek to avoid price spikes on rising global costs |
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THE local
bakery industry is now seeking ways to prevent spikes in
prices of bread and other flour-based products as wheat
prices continue to climb in the international market, a
situation worsened by rising freight cost. |
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Not
a drop of formalin or we ban product, DOH tells food makers |
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THE Bureau
of Food and Drugs (BFAD) reiterated on Wednesday that
processed food products containing any amount of
formaldehyde are not allowed to be sold in the Philippine
market. |
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Philexim unveils latest P150-M lending scheme |
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THE
Philippine Export-Import Credit Agency (PhilEXIM) has
launched its new wholesale lending program for small and
medium-sized exporters with P150 million available annually. |
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Two
long weekends in August as result of holiday law |
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THE public
can look forward to two long weekends in August, thanks to a
newly signed law rationalizing the celebration of national
holidays in the country. |
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Internal controls vs fraud still bug many firms–E&Y survey |
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NEARLY a
hundred of 140 companies recently surveyed by accounting
firm Ernst & Young are open to fraud by insiders. |
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North Harbor bidding halt prompts talk of new round |
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THE
Philippine Ports Authority (PPA) on Wednesday suspended the
bidding process for the
Manila North Harbor,
feeding speculation that the government will either declare
a failed bidding or alter the rules in the middle of the
game. |
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CA:
Meralco liable for kids’ electrocution |
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THE Court of
Appeals has affirmed a ruling of the Regional Trial Court in
Malolos City finding the Lopez-managed Manila Electric Co.
liable for more than P2 million in damages for the
electrocution deaths of two children in August 1999. |
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DOH
wants cigar billboard ads dismantled |
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THE
Department of Health has directed local government units to
dismantle all outdoor advertising for tobacco products in
response to the continued defiance of manufacturers to abide
by Republic Act 9211, which took effect July 1 this year. |
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MORE STORIES ... |
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Farewell,
friend. Outgoing
Canadian Ambassador Peter Sutherland (right) receives from
Presidential peace adviser Jesus Dureza a plaque of
appreciation citing the envoy’s leadership role in
strengthening RP-Canada relations during a meeting in Pasig
City Wednesday. Concluding six years of stint as envoy to
the Philippines, Ambassador Sutherland steered Canadian
government’s support to various peace and development efforts,
especially in Mindanao.
--OPAPP |
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