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Monday, January 28, 2008 |
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Hunt on for oil smugglers |
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PASG wants oil firms to open their books
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The Presidential Anti-Smuggling Group (PASG)
wants petroleum companies to open their books to authorities to
check if the firms are involved in oil smuggling, which costs
government billions of pesos annually.
In a Senate hearing last week, Sen. Francis
Escudero said oil smuggling costs the government at least P16
billion in foregone tax revenues every year. He based the estimate
on the discrepancy between the volume of oil imported and the
quantity taxed—a difference of about 4 billion liters.
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O T H E R R E P O R T S
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NEDA eyes P2 trillion for infra projects
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Government will spend about P2.03 trillion on
infrastructure projects up to the end of President Gloria Arroyo’s
term to pump prime the economy, the National Economic and
Development Authority (NEDA) said.
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GMA tells Melo: ‘Clean Comelec’
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Malacańang hopes the appointment of retired
Supreme Court Justice Jose Melo will unify the people and clean the
image of the Commission on Elections (Comelec) and of the Arroyo
administration.
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Mohamed Suharto dies in
hospital after long illness, 86
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JAKARTA: Former President Suharto, who ruled Indonesia with an iron
fist for more than three decades, died Sunday at age 86, his family
and police said at a Jakarta hospital.
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Life, career of Indonesia’s strongman
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JAKARTA: Lauded by some as a pro-market Cold Warrior who brought
stability to Indonesia, shunned by others as a corrupt autocrat,
Suharto—who died Sunday aged 86—dominated his country’s
politics for 32 years.
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After S. Carolina, questions face Clinton
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NASHVILLE, Tennessee: Hillary Clinton quickly bounced up off the
canvas after her most lopsided electoral loss, but Barack Obama’s
South Carolina primary rout posed tough new questions for her White
House bid.
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