Gibo assists ailing Maguindanao Boy BULUAN, Maguindanao: Appalled at the lack of medical treatment, Lakas-Kampi CMD standard-bearer Gilbert “Gibo” Teodoro Jr. pledged to seek immediate medical treatment and possible surgery for a year-old baby boy stricken with hydrocephalus during a visit here Wednesday.

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Mayon crisis could last for months -- experts LEGAZPI City: Lava poured down the Philippines’ Mayon volcano Wednesday as experts warned it could erupt for months, meaning thousands of villagers will spend Christmas in crowded evacuation centers.

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Brits to Filipinos: Get tough on corrupt government officials By Llanesca T. Panti Reporter

Corrupt government officials in the Philippines should be banned from joining public service in perpetuity, visiting members of the British Parliament said Wednesday.

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Solar Power Normal 0 De La Salle students drive Sikat, the second Philippine-made solar car, around the SM Mall of Asia in Pasay City (Metro Manila) during its press launch on Wednesday. Photo By Miguel De Guzman

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Business News

Currency Rates

As of December 16, 2009
US dollar	46.1270
European euro	67.0456
Canada dollar	43.4668
HK dollar	5.9495
Brunei dollar	32.9690
Switzerland franc	44.3401
Saudi Arabia rial	12.2989

SME Focus

SULONG Program beneficiaries hit 150,000 SMEs

GOVERNMENT financial institutions (GFIs) have released as much as P170.3 billion in loans for nearly 150,000 small and medium enterprises (SMEs) under the SULONG Program since 2004, according to SB Corp., the program’s lead convenor.
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Huey, Mamiit to meet at Laos finals

Sports

BY EMIL C. NOGUERA CORRESPONDENT

Filipino-Americans Treat Conrad Huey and Cecil Mamiit posted contrasting victories in their respective semifinal games to forge an all-Filipino finals in the men’s singles of the 2009 Southeast Asean Games tennis competition in Vientiane, Laos.

Business casualty losses from ‘Ondoy,’ ‘Pepeng’ P21 billion to date – BIR

Nation

BY LAILANY P. GOMEZ REPORTER

The Bureau of Internal Revenue (BIR) said a preliminary report submitted by corporations on their casualty losses due to the recent massive typhoons showed that they suffered damages to the tune of about P21 billion as of December 10.

Perks spin off mergers among rural banks

Business

BY Maricel E. Burgonio SENIOR REPORTER

The Rural Bankers Association of the Philippines (RBAP) will push for amendments to the law to allow foreign ownership in the industry.

Seal climate pact now, world leaders told

World

COPENHAGEN: World leaders gather at climate talks on Wednesday after UN chief Ban Ki-moon urged them to seize a “defining moment in history” and seal a global pact to halt the juggernaut of climate change.