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GOING back to
the “scene of the crime,” in this case the Manila
Peninsula where a six-hour standoff with rebel soldiers
ended with a bitter feud between police and the mediamen
they arrested, government officials, notably PNP chief
Avelino Razon, Interior Secretary Ricardo Puno and NCRPO
Chief Geary Barias (with the Santa Claus cap) face off
with television network executives Charie Villa and Maria
Ressa of ABS-CBN.
--ROY DOMINGO |
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House okays agri fund extension |
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THE House of
Representatives on Wednesday approved on third and final
reading a bill which provides for the extension of the use
of the Agricultural Competitiveness Enhancement Fund (Acef)
but failed anew to act on the much-awaited cheaper-medicines
bill. |
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Oil,
food price hikes boost Nov. inflation |
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SURGES in
oil prices and some food items helped push up inflation for
the fourth time this year, averaging 3.2 percent in
November, past the high end of the forecast earlier released
by the central bank and higher than the 2.7 percent recorded
in October. |
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Stampede to biofuels may spell disaster |
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BALI,
Indonesia—Increase in the use of biofuels would have
disastrous social and environmental impacts, according to a
coalition of environment experts during the United Nations
(UN) climate-change conference here. |
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Conditional OK for Palace pork barrel |
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THE Senate,
following a closed-door caucus, suspended marathon floor
debates Wednesday night on the P1.23-trillion national
budget bill to give members time to submit their individual
amendments to the finance committee for inclusion in the
final version that is set for third reading Monday next
week. |
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In
London, RP lures investors anew |
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The
government is at it again, asking the foreign community to
invest in the Philippines, even more so now that it has
demonstrated the ability to expand faster than 7 percent in
terms of the gross domestic product (GDP). |
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Is a
deal looming with Danding? |
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SENATE
Minority Leader Aquilino Pimentel Jr. wants to know whether
Malacañang and the Presidential Commission on Good
Government (PCGG) will pursue a compromise deal with tycoon
Eduardo Cojuangco over questioned shares in San Miguel Corp.
(SMC) that the government believes to have been illegally
bought with coconut-levy funds during the Marcos
dictatorship. |
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Media warned of ‘next time’ |
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GOVERNMENT
insisted on Wednesday that journalists covering intense
situations such as a coup d’ état attempt, rebellion, siege,
sedition or any criminal activity would be arrested under
provisions of the Revised Penal Code. |
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CA
affirms P62-M fee for executive |
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THE Court of
Appeals (CA) has directed a Union Bank director and
president of a mining firm to pay the former head of his
company, A. Brown Company Inc. (ABCI), the amount of P62
million including interest as part of his commission for the
sale of the company. |
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DFNN’s unit set to list shares on Singapore Exchange |
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DIVERSIFIED
Financial Network Inc. (DFNN) has been surging lately on its
plan to go into a gaming venture through a subsidiary, which
will be listed on the Singapore Stock Exchange.
DFNN opened
trading at P14.75, hit a session’s high of P15, dropped to a
low of P14 and closed at P14.25. It peaked at 30-day high of
P15.50 on November 23, 2007 and plunged to a low of P8.80 on
October 27, 2007. |
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MORE STORIES ... |
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PEACEKEEPERS
from the National Police disembark from a passenger jet
chartered by the United Nations (UN) shortly upon their
arrival in Dili, Timor Leste on Thursday. The officers
belong to the first of three batches that will replace 145
Filipino police personnel who ended their one-year tour of
duty with the UN Integrated Mission in Timor Leste.
--ELMER CATO |