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Saturday, July 26, 2008

 

Car insurers stop GSIS move

Court issues 20-day restraining order

A regional trial court stopped state-run Government Service Insurance System (GSIS) from taking over the compulsory third-party liability (CTPL) insurance for motor vehicles in the country.

Judge Carlos Valenzuela of Mandaluyong City on Friday issued a 20-day temporary restraining order (TRO) prohibiting not only the government pension fund but also the Department of Transportation and Communications and other parties from implementing an order of the department that takes away the third-party insurance business from the private sector.

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O T H E R   R E P O R T S

 

A Qantas Boeing 747 flying to Melbourne made an emergency landing in Manila on Friday after a dramatic mid-air rupture that left a “gaping hole” in its fuselage, officials and passengers said.

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The United States government will leave to Manila the decision on whether to postpone scheduled elections in an autonomous region in southern Mindanao.

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Senators can endorse commercial products, an election regulator said Friday, dismissing calls for sanctions against premature campaigning for the 2010 presidential elections.

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Fuel prices are projected to hold steady in the next two weeks because of recently declining world oil prices, petroleum company officials said Friday.

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A draft peace agreement with Muslim rebels waging a separatist campaign in southern Philippines needs a lot more work before it can be signed, President Gloria Arroyo’s spokesman said Friday.

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President Gloria Arroyo will not include Charter change in her State of the Nation Address (SONA) on Monday, Presidential Management Staff chief Cerge Remonde said Friday.

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The Senate Committee on Education headed by Sen. Alan Peter Cayetano has endorsed a consolidated bill seeking to increase the monthly salary of public school teachers by P9,000.

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Severino O. Frayna Jr., Benjie Dela Rosa
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