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A MEMBER of a composite
security force stands guard outside the venue for Monday’s
climate-change conference in Bali, site of a 2002
nightclub bombing that killed over 200. At right, a
Greenpeace activist sets up a giant thermometer as a
symbol of global warming during their campaign in Nusa Dua,
Bali, Sunday.
IMELDA ABAÑO, AP |
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P6.5B lost from tax cases |
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THE national
government is losing a total of P6.5 billion in taxes due to
87 tax-evasion cases now in various stages of prosecution at
the Department of Justice (DOJ) and the Court of Tax Appeals
(CTA), according to the finance department. |
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‘Adaptation to climate change vital to ensure food security’ |
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ANDHRA
PRADESH, India—An expert from the Intergovernmental Panel on
Climate Change (IPCC) said “adaptation is needed now” in
agricultural production in order to minimize the adverse
effects of extreme climate change brought by increased
carbon- dioxide (CO2) emission. |
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Bali
strives to exorcise ghost of terrorism
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BALI,
Indonesia—As the UN’s conference on climate change kicks off
Monday, Indonesian police authorities are on full alert to
guard the safety of more than 10,000 world leaders and
ministers, including business, media and nongovernment
organizations from 185 countries, plus Australian’s newly
elected Prime Minister Kevin Rudd and US former Vice
President and 2007 Nobel Prize winner Al Gore. |
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Monetary Board stand on rates hinges on US Fed move |
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BANGKO
Sentral Governor Amando Tetangco Jr. said Friday what the
monetary board decides on December 20 will depend in part on
what the US Federal Open Market Committee does at its
December 11 rate-setting meeting.
He told
reporters the actions of the US Fed, and major central banks
around the world for that matter, always form part of the
discussions of the monetary board. “We are mindful of the
Fed’s moves and how this would affect the critical factors
which impact inflation that are specific to the
Philippines.” |
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Remittances seen to soar to $240 billion |
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REMITTANCES
to developing countries, including those to the Philippines,
may soar to $240 billion by year-end, according to the World
Bank’s (WB) latest brief on remittance flows. |
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4.5M
passengers, a record for Naia |
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THE Ninoy
Aquino International Airport (Naia) has registered 4.5
million passenger arrivals for 2007 so far and 200,000 more
could be added before the year’s end, marking one of the
highest tallied at the premier airport. |
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GMA
begins 3-day visit to Spain |
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PRESIDENT
Arroyo begins a three-day state visit to Spain today which
is expected to expand investments in tourism and renewable
energy, among others. |
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MORE STORIES ... |
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SENIOR editor
Gerry Zaragoza (right) receives the third prize for
BUSINESSMIRROR in the Institutional Category in the Jose G.
Burgos Jr. Awards for biotech journalism from (left to
right) Edita Burgos, executive director of the Biotechnology
Media Advocacy and Resource Center; Dr. Nina Barzaga,
president, Biotechnology Coalition of the Philippines; and
Director Alicia Ilaga of the Department of Agriculture’s
biotechnology program.
NONOY LACZA |
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