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Friday, August 31, 2007

 

Economy grows 7.5%

Best second-quarter performance in 20 years, but doubts persist

The economy has surpassed forecasts and expanded 7.5 percent year-on-year in the second quarter, the fastest pace in two decades, President Arroyo announced Thursday.

“We are confident of meeting our full-year growth forecast of 6.1 to 6.7 percent,” the President said in a televised address.

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O T H E R   R E P O R T S

 

Congressmen are likely to summon Benjamin Abalos and officials of the Department of Transportation and Communications (DOTC) in response to a privileged speech about the controversial...

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COMMUNIST Party of the Philippines founding chairman Jose Ma. Sison, who was arrested Tuesday on charges of murdering three former colleagues, will be indicted in a court in The Hague on Friday.

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The Senate may go from “Hello, Garci” to “Hello Pappy” as an investigation loomed over alleged cheating in the popular noontime show Wowowee on ABS-CBN.

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The Sandiganbayan on Thursday found former mayor Joey Marquez of Parañaque City guilty of five counts of graft in the case involving allegedly overpriced brooms and sentenced him to 6 to 10 years each for each count.

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A program designed to improve the quality of local governance in the country gave an award to Marikina, Tagbilaran and San Fernando, Pampanga.

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President Arroyo flew Thursday afternoon to Malaysia to join other Southeast Asian leaders attending that country’s 50th anniversary of independence from British rule.

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Severino O. Frayna Jr., Benjie Dela Rosa
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