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THIS is the
point of impact where a speeding dump truck hit the Toyota
Grandia bearing former senator Rene Saguisag’s group early
Thursday morning at the intersection of Arnaiz Avenue and
the South Superhighway, rendering it a total wreck. The
human-rights lawyer and his driver are still in critical
condition; his wife Dulce died on the spot.
--RHOY COBILLA |
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DBP
hedge-fund takers rise |
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THEY were
slow in coming, but finally some of the country’s major
export firms have sought cover for P104 million worth of
export contracts with the Development Bank of the
Philippines (DBP). |
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Groups want wharfage fee lifted till April |
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THE National
Competitiveness Council (NCC), Export Development Council (EDC)
and labor federations recommended the extension of the
suspension of wharfage fees to help exporters cope with the
strong peso and mitigate the ill effects of high oil prices. |
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Ex-Sen.
Saguisag badly hurt, wife dies in crash |
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FORMER
senator and human-rights lawyer Rene Saguisag is in critical
condition after figuring in a road accident that took the
life of his wife, former social welfare secretary Dulce
Saguisag, in Makati City past midnight on Thursday. |
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BSP
seen to cut rates anew at next meet |
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THE Bangko
Sentral ng Pilipinas (BSP) was seen to relax its grip on
monetary policy and likely cut interest rates by another 25
basis points when it meets next week, the Singaporean arm of
the Swiss financial-services firm UBS said. |
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Prepayments, GOCC reforms trim public-sector debt
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THE indebted
state of the public sector has been reduced by P4.4 billion
over a three-month period ending in March this year to
P4.939 trillion, Finance Secretary Margarito Teves said on
Thursday. |
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SMC
shores up funds with sale of 2 Aussie firms
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SAN Miguel
Corp. (SMC), Southeast Asia’s largest food and beverage
firm, is getting much-needed financial backing for its entry
into energy and mining businesses following the sale of its
entire ownerships in two Australian companies for A$3.1
billion ($2.8 billion). |
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DOJ
bars use of P40-B funds for CARP |
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THE
Department of Justice (DoJ) has declared the Department of
Agrarian Reform (DAR) cannot draw from the P40-billion
coconut levy funds (CLF) for the implementation of the
Comprehensive Agrarian Reform Program (CARP). |
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Senate extends hearings as government data on Jpepa awaited |
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THE
government panel pushing for early ratification of the
Japan-Philippines Economic Partnership Agreement (Jpepa)
failed anew to sway senators to support the bilateral
accord. |
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Auto
group nears sales mark of .1M |
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THE auto
industry is now just 4,756 units shy of breaching the
100,000-unit sales mark in a decade as it again posted
strong numbers in October. |
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BCDA taps interim group for SCTEx |
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THE Bases
Conversion and Development Authority (BCDA) announced it is
engaging the services of a consortium led by First
Philippine Holdings Corp. (FPHC) for the operations and
maintenance of the Subic-Clark–Tarlac Expressway (SCTEx) on
an interim basis. |
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DENR nixes hasty suspension of Albay mine |
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AN official
of the Department of Environment and Natural Resources (DENR)
on Thursday nixed the call to suspend the mining operations
of Lafayette Mining Ltd. in Rapu-Rapu, Albay in the wake of
reports that the fishkill in the island was caused by
chemical poisoning. |
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MORE STORIES ... |
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Jobs, jobs,
jobs. Thousands
fl ock to the mega job fair, dubbed as Trabaho Handog ng
PESO at Rotaryo, held on Thursday at the Makati City Hall
quadrangle . Mayor Jejomar Binay said the fair is one of the
city’s ways of showing its commitment to provide job
opportunities not only to Makati residents, but also to
non-Makati residents, including job seekers aged 40 to 45,
persons with disabilities, students, and out-of-school
youths. He thanked the more than 60 companies and agencies
that joined the event, a joint project of City Hall and
various Rotary Clubs in Makati .
--ROMY FLORANTE |
