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The big one.
Villagers
salvage what is left of their houses Wednesday, November
28, along the coast of Zamboanga City after big waves
spawned by Typhoon Mina slammed coastal villages
overnight, leaving hundreds of families homeless and
sending more than 5,000 people fleeing, some falsely
thinking there was a tsunami, officials said. There were
no immediate reports of casualties.
--AP |
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Court favors Danding in SMC case |
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THE First
Division of the Sandiganbayan dismissed Wednesday the
government’s suit seeking to recover the 20-percent shares
of businessman Eduardo Cojuangco with San Miguel Corp. (SMC)
owing to lack of evidence. |
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GMA
orders Reyes to refine oil-tariff cut proposal |
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PRESIDENT
Arroyo has ordered Energy Secretary Angelo Reyes to further
revise his proposed temporary oil-tariff cut to reflect the
inputs of other government energy agencies and to submit it
to the Chief Executive as soon as possible. |
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BSP
nixes tweaking of deposit reserve mix to fight liquidity |
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THE Bangko
Sentral ng Pilipinas (BSP) would not be forced into using
the deposit reserves as an antiliquidity weapon no matter
that the alternatives it has used thus far only made them
P48.3-billion poorer. |
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Extreme weather to wipe out social gains |
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WITHOUT
immediate action, climate change could reverse the gains
made by governments in reducing poverty, nutrition, health
and education, according to a report released by the United
Nations Development Program (UNDP). |
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RP’s
Bautista gets WTO post |
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AMBASSADOR
Lilia Bautista, former trade secretary and Securities and
Exchange Commission (SEC) chairman, was appointed member of
the powerful World Trade Organization (WTO) Appellate Body,
which has the power to uphold, modify or reverse the legal
findings and conclusions on trade disputes brought before
the multilateral-trade umbrella. |
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HDR
author: Rich ones must pull in weight |
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RICH
countries, which have contributed by far the most to the
climatic changes linked to global warming, will have to do
more to protect the poorest nations from catastrophic
reversals in health, education and poverty reduction brought
about by climate change, according to the UN’s Human
Development Report (HDR) 2007 released November 27. |
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Nov.
inflation seen higher up to 3.1% |
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PRICE
pressures arising from more expensive oil, wage adjustments
in certain regions of the country and increases on certain
food items were seen to have pushed inflation higher in
November. |
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Government dared to place ODA funds online |
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DAVAO CITY—A
Jesuit priest has asked the National Economic and
Development Authority (Neda) to place the list of foreign
government-assisted projects on the Internet to allow
communities to prevent its bleeding from corruption. |
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Snap
Hydro bids highest for 175-MW Ambuklao-Binga |
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COMPLEMENTING its pool of hydroelectric power plants, the
consortium of Norway-based SN Power Invest and Aboitiz Power
Corp. (APC), or Snap Hydro Inc. (Snap Hydro), submitted the
highest bid for the 175-megawatt (MW) Ambuklao-Binga
hydroelectric plants in a bidding conducted by the Power
Sector Assets and Liabilities Management Corp. (PSALM) on
Wednesday. |
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GMA
orders merger of NLSF, Livecor |
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PRESIDENT
Arroyo has ordered the merger of the National Livelihood
Support Fund (NLSF) and the Livelihood Corp. (Livecor) to
strengthen the government’s efforts to generate and develop
livelihood and community-based enterprises in Agrarian
Reform Communities (ARCs). |
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MORE STORIES ... |
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Bravehearts.
Sen. Loren
Legarda and Dr.Leslie Mancuso, president of a Johns Hopkins
Hospital affiliate, led celebrities who left their
handprints with pink and purple paint on a white-canvas wall
to signify their support for the prevention of cervical
cancer. A multisectoral coalition launched the campaign at a
hotel in Manila to raise awareness on what is now the second
top cause of cancer among women in the Philippines and
worldwide. --ROY DOMINGO
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