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DEMANDING
urgent, tough action on climate change, thousands of
people from nongovernment organizations, civic society and
international groups rallied Saturday along the main
street of Bali, the Denpasar, just a few blocks away from
the venue of the climate-change conference. Among the
groups active in the Bali conference are Friends of the
Earth, The Global Call to Action Against Poverty, the
Philippine Network on Climate Change, and World Wildlife
Fund. -- IMELDA
ABAŃO |
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Firm
whistle-blower rules pressed |
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THE recently
released 2007 Global Accountability Report (GAR) urged
multinational companies, multilateral institutions and
international non-government organizations (NGOs) to adopt
nontraditional means to improve accountability and
transparency policies and systems. |
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Children spend P37B yearly |
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FILIPINO
kids represent a potential powerhouse consumer segment. With
an estimated P37 billion in spending money annually, they
represent the modern consumer who is eager to assimilate new
technologies and embrace change. |
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Energy-tied funds in payback |
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PRESIDENT
Arroyo will sign soon a directive to reduce power charges to
most power users by using “billions of pesos” of government
energy-related profits and charges.
Cabinet
Secretary Ricardo Saludo revealed the news in response to
the claim of Sen. Manuel Roxas II that the Chief Executive
has yet to deliver on her promised “social payback” to the
people, yet she continues to trumpet her administration’s
economic achievements. |
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BSP
tracks consumer finance |
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MONETARY
authorities are developing a consumer-finance survey that
will help them read and interpret better the country’s
macroeconomic numbers.
Scheduled
for launching in the first quarter next year, the new
consumer-finance survey will complement the readings they
get from the existing business expectations (BES) as well as
consumer confidence (CCS) surveys they put out years
earlier. |
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Nov.
reserves lower at $32.5B on BSP sale of dollar hoard |
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THE Bangko
Sentral ng Pilipinas (BSP) sold a portion of its dollar
hoard in November, resulting in lower foreign-currency
reserves of only $32.463 billion during the month.
This
compares with gross international reserves totaling $32.498
billion the previous October, Deputy BSP Governor and
officer in charge Diwa C. Guinigundo said on Friday. |
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Oil
prices up anew; audit firms tapped to check players |
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THE march of
oil prices continues unabated, it seems, especially during
the holiday season, after oil companies again raised prices
of fuel by P0.50 per liter and liquefied petroleum gas (LPG)
by P1 per kilo to bring the total increase to P2.50 per kilo
this month. |
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MORE STORIES ... |
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Pampanga Day Pampanga Gov. Ed
Panlilio (left) and Vice Gov. Yeng Guiao, who do not see eye
to eye on some local issues, greet each other during the
celebration of the 436th Aldo ning Capampangan (Pampanga
Day). On December 11, 1571, the Spanish colonial
administration under Governor General Miguel Lopez de
Legazpi declared Pampanga the first province of Luzon. At
that time, it included parts of present-day Bulacan, Nueva
Ecija, Bataan, Zambales, Tarlac and Pangasinan. Other
provinces that were created later absorbed parts of Pampanga,
reducing it to its present size. |
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