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Soup in
salad. Farmer
Rudy Wayan checks on his farm in La Trinidad Valley in
Benguet, where his lettuce was totally destroyed by
continuous heavy rains for almost a week brought by
typhoons Chedeng and Dodong. The Provincial
Agriculturist’s Office (PAO) said that about P1.83 million
worth of crops from Bakun and Mankayan towns were ruined,
based on partial reports on damage sent to the PAO. Most
of the crops now reaching the trading post are declared
second class, either due to the damage caused by the
typhoon or the natural decline in the quality of
vegetables and fruits owing to delays caused by
landslides. --MAURICIO
VICTA |
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Local funds’ share up to 70% |
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CORPORATE
Philippines now obtains its funding requirements from the
domestic capital market rather than abroad, the recorded mix
being 70 percent local funds, according to the Bangko
Sentral ng Pilipinas (BSP). |
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BOC
says security fees to rise–again |
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THE Bureau
of Customs intends to raise again—the fees for scanning
20-foot metal containers, which may lead to higher shipping
costs and increased prices of Philippine exports. |
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Exporters told: Try selling here |
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IF it’s
tougher to sell abroad because of the continuing strength of
the peso, why not try selling your products in the local
market? |
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Meralco wants to get back P14B |
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THE Manila
Electric Co. (Meralco) has sought the Energy Regulatory
Commission’s (ERC) approval to initiate staggered increases
in the generation and system-loss charges it bills
consumers. |
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Antipoverty body will exclude Left |
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PRESIDENT
Arroyo has revised the implementing rules and regulations
of Republic Act 8425, or the Social Reform and Poverty
Alleviation Act, to set new guidelines for membership among
sectoral groups and representatives in the National
Anti-Poverty Commission (NAPC), including the exclusion of
Left-leaning organizations. |
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PPA
to collect ‘drastically cut’ wharfage, but won’t suspend it |
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THE
Philippine Ports Authority (PPA) will collect the
drastically reduced wharfage fees starting Monday until the
end of the year, giving in to the pressure from export
groups and government agencies to help exporters in light of
the surging peso against the dollar. |
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Abesamis bows out of NTC, ‘glad it’s over’
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THE National
Telecommunications Commission (NTC) has a new commissioner.
Effective
today, Political Affairs Undersecretary Ruel Canobas is the
new NTC chief. He will replace Abraham Abesamis, who used to
head the Armed Forces’ communications arm before his
retirement. |
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Jakarta rules for RP execs |
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AN
Indonesian court has junked the extradition request of the
Department of Justice for a Malaysian and three Filipino
businessmen accused of syndicated estafa here. |
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NTC
taps Japanese for digital TV |
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AS the
National Telecommunications Commission (NTC) rushes to
formulate the guidelines for Digital Terrestrial Television
(DTT) broadcasting, Malacañang has asked Japanese experts to
conduct a demo test here of the technology standard that
Japan currently utilizes for digital television. |
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MORE STORIES ... |
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VIETNAM Prime
Minister Nguyen Tan Dung (left) walks beside Philippine
Chamber of Commerce and Industry president Samie Lim (right)
moments before his speech before the Philippine business
chamber at the Philippine-Vietnam business forum held at the
Manila Hotel.
--ROY DOMINGO |
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