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Monday, January 21, 2008 |
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Majority of Customs districts miss targets
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HEADS may roll at the Bureau of Customs after a
majority of its collection districts fell short of their revenue
targets last year.
Customs data showed that 11 out of 15 collection
districts missed their goals last year. Four districts that met
their targets were San Fernando, La Union, which enjoyed a
P32-million surplus; Legazpi, Albay, which exceeded its P12-billion
goal; Cagayan de Oro, which overshot its collections by P228
million; and Davao, which saw a P14.1-million surplus.
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 Full
Story>>
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O T H E R R E P O R T S
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US allays recession fears in RP
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The US government is trying to reassure the
Philippines that it will not be greatly affected by the recession
threatening America, the world’s largest economy, an embassy
official said Sunday.
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NOTES & COMMENT
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Will ‘faction power’decide presidency?
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This early, it looks like we’ll have four to
five candidates contesting the 2010 presidential elections—and end
up with another minority president. Every semblance of the two-party
system has disappeared...
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EXCLUSIVE
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3,000 Ilocos farmers may lose livelihood
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A Filipino company that provides livelihood for
3,000 farmers and competes with China for the supply of tomato paste
to multinational fast-food restaurants is in danger of losing its
edge—or even closing.
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ATO powerless to stand on its own
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TRANSPORTATION and Communications Secretary
Leandro Mendoza said on Sunday that the Air Transportation Office (ATO)
can’t stand on its own as an agency, as he started work on
improving air safety standards in the Philippines.
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SPECIAL
REPORT:
NATIONAL DEBT
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Prepayment of debts benefits social services
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MORE infrastructure, social service deliveries
and employment are among the gains from reducing the national debt,
officials said.
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