|
|
 |
|
|
OTOP
champions The Department of Trade and Industry-Regional
Operations Group, headed by Undersecretary Carissa P.
Cruz-Evangelista (right), recently hosted the First
National One Town, One Product (OTOP) Summit, bringing
together the key players and major stakeholders of the
OTOP program. Morihiko Hiramatsu (left), president of the
Oita One Village, One Product International Exchange
Promotion Co. of Japan; and House Speaker Jose de Venecia
were on hand to share their experience and offer advice to
the summit participants. Hiramatsu praised the OTOP
Philippines program and encouraged stakeholders to think
global in developing their products. De Venecia, for his
part, committed P110-million congressional support to the
OTOP program. |
| HEADLINES |
|
|
|
Growth good, revenue poor |
|
|
THE
International Monetary Fund (IMF) has turned bullish on the
Philippines and revised its forecast growth for both this
year and next to a higher plane, notwithstanding the
anticipated slower growth in the US, the country’s largest
trading partner. |
|
DBP
readies special forex facility for OFWs |
|
|
MALACAÑANG
Palace
agreed to adopt Sen. Mar Roxas II’s recommendation to limit
dollar loans to amortize maturing foreign debt, borrow in
pesos locally and buy dollars from the local currency market
in order to moderate the negative effects of the rapid rise
of the peso. |
|
Senate cuts Palace pork, okays budget |
|
|
The Senate,
voting 14-0, on Tuesday night passed on third and final
reading the Palace-certified P1.23-trillion budget bill for
2008 after adopting last-minute amendments by minority
senators to slash Malacañang’s Kilos Asenso pork barrel by
at least P500 million and reallocating the amount to the
Department of Health and the Department of Education. |
|
Cloud over SMEC in Transco bid |
|
|
SAN Miguel
Energy Corp. (SMEC) could be disqualified from bidding for
the 25-year concession of the National Transmission Corp.
(Transco) set today, December 12, for alleged violations of
the Electric Power Industry Reform Act (Epira) ban on
cross-ownership. |
|
Exports surge by 10.5% in October |
|
|
INCREASED
shipments of electronics products and coconut oil boosted
the country’s export earnings by 10.5 percent in October
this year, according to the latest data released by the
National Statistics Office (NSO). |
|
Trillanes caper hurts Asian property expo |
|
|
TERROR
gripped the hearts of foreign delegates and local visitors
as news of an armored vehicle crashed into a five-star hotel
in Makati. |
|
Ledac agrees on passage of 10 priority bills |
|
|
CONGRESS
leaders on Monday agreed to focus on 10 priority bills
before they go on Christmas break next week, admittedly on a
“best-effort” basis because of the time constraint. |
|
SC
junks FDC suit pressing ‘utility’ tag on water firms |
|
|
THE Supreme
Court on Tuesday dismissed the petition filed by the Freedom
from Debt Coalition (FDC) and several Party-list groups
seeking to nullify for being unconstitutional the
resolutions issued by the Metropolitan Waterworks and
Sewerage System (MWSS) declaring that its concessionaires
are mere contractors and not public utilities, thus,
exempting them from the 12-percent profit margin limitation. |
|
BNPP
may reopen within 5 years if . . . |
|
|
IF the
visiting international nuclear energy experts give a thumbs
up to the feasibility of the mothballed Bataan Nuclear Power
Plant (BNPP), it will take the government much less
time—only less than five years—to reopen the nuclear energy
plant, a Filipino nuclear expert said Tuesday. |
|
MORE STORIES ... |
|
|
|
 |
|
TWELVE days
after the Manila Pen siege that derailed several
international conferences and led to visitor
cancellations, hundreds of policemen bring the two key
figures—former Scout Ranger chief Brig. Gen. Danilo Lim
and rebel soldier-turned-senator Antonio Trillanes IV—to a
pretrial hearing at the Makati City Hall, where their
November 29 caper began.
--RHOY
COBILLA |
