PHILIPPINE NEWS SERVICE — THE Philippine government has suspended the planned sale of a prime property that houses the official residence of the ambassador to Japan. Sources in the Department of Finance…
Category: News Stories
Rice harvest up, but output slowsdown
PHILIPPINE NEWS SERVICE — FARM production rose 4 percent in the first quarter, but the Philippines produced less rice than expected after cold weather damaged crops and farmers failed to use hybrid…
Solons back gov’t in row vs Meralco
PHILIPPINE NEWS SERVICE — EVEN a member of the opposition bloc at the House of Representatives yesterday underscored the need for the government to place the Lopez-led Manila Electric Company under its…
Solon lauds GSIS plan to rap Meralco for fraud
PHILIPPINE NEWS SERVICE — MANILA Rep. Bienvenido Abante, chair of the House committee on public information, yesterday strongly supported the plan of Government Service Insurance System (GSIS) president Winston Garcia to file…
Govt firms to vote as one in Meralco
PHILIPPINE NEWS SERVICE — THE government firms holding equity in Manila Electric Co. are moving to strengthen their hold on the power distributor to force it to open its books and eventually…
GMA pushes speedy justice vs rice hoarders
PHILIPPINE NEWS SERVICE — PRESIDENT Gloria Macapagal-Arroyo almost blew her top as she pushed for speedier prosecution against rice hoarders and unscrupulous rice traders and retailers during her third visit to the…
NPA, Abu Sayyaf in drug trafficking
PHILIPPINE NEWS SERVICE — NEW People’s Army rebels and the al Qaeda-backed Abu Sayyaf Group are into illegal drug activities to raise funds for their organizations, according to the US State Department….
No money for CARP
PHILIPPINE NEWS SERVICE — THE issue of funding should be resolved first before Congress decides on the extension of the Comprehensive Agrarian Reform Program which expires on June 10. Senate Minority Leader…
RP mangoes to invade China market
PHILIPPINE NEWS SERVICE — THE Philippine mangoes would soon invade the markets of China after it allowed at least eight local companies to export mangoes in said country, the Department of Agriculture…
High prices affecting telecom spending
PHILIPPINE NEWS SERVICE — Soaring food and fuel prices will affect revenues of telecom companies this year, said Globe Telecom president and chief executive Gerardo Ablaza Jr. Ablaza, in a briefing at…
4 RP firms obtain five exploration contracts
PHILIPPINE NEWS SERVICE — The Energy Department yesterday awarded five petroleum exploration service contracts to four Filipino companies that are expected to bring in minimum investments of $79.2 million. The five companies…
Gokongwei group wants to buy Petron
PHILIPPINE NEWS SERVICE — The Gokongwei Group and Morgan Stanley have expressed interest to purchase the 40-percent stake of Aramco Overseas Co. in Petron Corp., the country’s biggest oil refiner, Energy Secretary…
The hard way for Bata
PHILIPPINE NEWS SERVICE — Former two-time world champion Efren “Bata” Reyes needed a lot of doing before beating erstwhile conqueror Joven Bustamante , 8-7, yesterday and entering the Top 16 of the…
Finland to open doors to RP Practical nurses, health workers
PHILNEWS — FINLAND has opened its doors to Filipino nurses and other healthcare professionals as an estimated 900,000 of its “baby boom” generation will reach retirement within the next years. Philippine Ambassador…
GSIS chief threatens to sue Meralco directors
PHILIPPINE NEWS SERVICE — State-run Government Service Insurance System yesterday said it will haul directors of Lopez-controlled utility giant Manila Electric Co. to a legal battle if they refuse to divulge information…