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Thursday, July 10, 2008 |
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Oil Firms roll back
gas prices |
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Public transport fare hike postponed until Monday |
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By Euan Paulo C. Añonuevo, Reporter
Oil
giants Petron Corp. and Pilipinas Shell Petroleum Corp. and industry
minnow Flying V each will roll back their gasoline prices by P1 per
liter effective today.
If car owners would have a reason
to cheer, so would commuters, at least until the weekend.
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O T H E R R E P O R T S
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GMA to meet,
explain oil situation to bishops
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President Gloria Arroyo will meet
with members of the Catholic Bishops’ Conference of the
Philippines (CBCP) to discuss the clergy’s proposal to review the
Oil Deregulation Law and to lift the value-added tax on oil.
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Oil moves up $1
per barrel after big fall
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SINGAPORE: Oil prices came back
higher Wednesday following a steep fall in the face of warnings from
world leaders that record highs were challenging economic growth,
dealers said.
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Neri to start at
SSS August 1 – Palace
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Chairman Romulo Neri of the
Commission on Higher Education will take over as administrator of
the Social Security System starting August 1, Press Secretary Jesus
Dureza announced Wednesday.
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G8 to act on food,
oilbut divided on climate
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TOYAKO, Japan: Leaders of the
world’s eight richest top industrial powers vowed Wednesday to act
to bring down soaring oil and food prices but failed to bridge deep
differences with poor nations on how to fight climate change.
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Former envoy to UN
faces graft case at Ombudsman
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Criminal and administrative
charges were filed before the Office of the Ombudsman against Lauro
Baja, the former Philippine permanent representative to the United
Nations, for alleged corruption.
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FEATURE
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Researches find
link between liver protein, Type 2 Diabetes
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WASHINGTON: The presence of a
protein expressed by the liver, which inhibits insulin action, may
identify individuals more likely to develop Type 2 Diabetes,...
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Deficit for 2008
may reach P45B
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The government is expecting a
budget deficit of 0.5 percent of gross domestic product (GDP) next
year owing to global slowdown and costlier food and oil,...
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