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Farewell.
The body of
Liberal Party Rep. Wahab Akbar of Basilan is carried by
supporters on Wednesday, for burial at Isabela, the
capital of the island province. Akbar was killed in
Tuesday’s bombing at the south wing of the House of
Representatives. --AP |
| HEADLINES |
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P1.9-B BIR shortfall puzzles DOF |
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THE
percentage tax collection of the Bureau of Internal Revenue
(BIR) failed to measure up in the first nine months and
forced the Department of Finance (DOF) to question whether
leaks in the system or inefficiency on the part of
collectors brought the actual tax take to only P32.4
billion. |
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‘Is
there an energy plan?’ |
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SAYING the
sole philosophy underlying the asset-privatization plan is
“judiciousness,” Senate President Manuel Villar Jr. on
Wednesday signaled support for a move by senior senators to
hold back the Executive from rushing the sale of prime
shares of the Philippine National Oil Co.-Energy Development
Corp. (PNOC-EDC). |
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GMA
to renew call for ‘green’ energy sources at Asean summit |
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PRESIDENT
Arroyo will renew her call for the use of green energy
sources when she attends the 13th Association of Southeast
Asian Nations (Asean) Leaders’ Summit in Singapore next
week. |
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Good
weather boosts farm growth to 5.4% |
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GOOD weather
propelled farm-sector growth to a rate of 5.39 percent in
the third quarter of this year based on figures released by
the Department of Agriculture (DA) on Wednesday. |
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Senate leaders eyeing P122-B cuts in 2008 budget bill |
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THE Senate
is looking at sizeable cuts in the Palace-proposed
P1.227-trillion budget bill for 2008 that the House passed
on third reading early this week, Senate President Manuel
Villar Jr. disclosed on Wednesday. |
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Who’s afraid of China steel threat? Not TKC |
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TKC Steel
Corp. is building the first blast furnace in the
Philippines, which is expected to cost from P800 million to
P1 billion.
The plant,
to be built in
Iligan City,
will be operational in October 2008, according to Ben C. Tiu,
chairman of TKC Steel, whose family owns Goodyear Steel
Corp., the Philippines’ biggest steel maker. |
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SM
Prime to acquire Sy’s China malls |
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SM Prime
Holdings Inc. (SMPH), the shopping-mall development arm of
SM Investments Corp. (SMIC), will acquire the China-based
malls owned by the Sy family for P10.8 billion. |
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GMA
disapproval, distrust ratings rise over ZTE, payoff |
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THE results
of the latest PulseAsia survey showed a slight dip in
President Arroyo’s performance and trust ratings in October,
in the midst of allegations of irregularities in the ZTE
broadband deal and the reported payoff to local officials
and congressmen in Malacañang. |
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‘Bribe’ probers focusing on origin of Palace ‘cash gifts’ |
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SENATE
probers are set to summon officials of the Antimoney
Laundering Council (AMLC) to shed light on the source of the
P200,000 to P500,000 “cash gifts” given to governors and
congressmen after separate meetings with President Gloria
Macapagal-Arroyo in Malacañang on October 11. |
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MORE STORIES ... |
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SENATE
President Manny Villar Jr. stresses a point as he guests at
the Quijano de Manila forum in Manila. -- ROMY
FLORANTE |
