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Thursday, July 31, 2008

 

Meralco rates are high – UP study

A study by the University of the Philippines showed the Manila Electric Company (Meralco) was charging its customers nearly a peso more per kilowatt-hour, Sen. Miriam Defensor Santiago charged Wednesday.

Santiago, co-chairman of the Joint Congressional Power Commission (PowerCom) said the study showed Meralco’s high rates came about because of its contracts with independent power producers (IPPs) and its participation in the wholesale electricity spot market (WESM).

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O T H E R   R E P O R T S

 

SULPICIO Lines Inc. on Wednesday got even with the Board of Marine Inquiry that accused the shipping firm of using Titanic-era life vests, which reportedly did little to help the passengers of the ill-fated MV Princess of the Stars that sunk late last month during the height of Typhoon Frank.

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Nestor Favila, the former special projects head of the National Home and Mortgage Finance Corp., who was found guilty for grave misconduct in April, will finally pay the price for his acts after the Office of the Ombudsman on Wednesday sought his expulsion from government service.

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DEFENSE Secretary Gilberto Teodoro admitted Wednesday that the government has no plans yet to initiate talks with the National Democratic Front and will follow the directive of President Gloria Arroyo to defeat communist guerrillas and other threat groups by 2010.

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Malacañang said there is no vehicle smuggling in Port Irene and that Executive Order No. 156 banning sales of used vehicles outside Subic Freeport does not apply to the Cagayan Economic Zone, where the former port is located.

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The Department of Tourism has called on travel-related establishments and businesses such as hotels, resorts, tour operators, and transport services to promote the country’s adventure tourism destinations...

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Malacañang claimed Wednesday it had nothing to do with the alleged plot to oust Senate President Manuel Villar from his post, pointing out it respects the independence of the branches of the government.

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An organization that partners colleges and universities with the business sector called Pilipinas-Students In Free Enterprise (Pilipinas-SIFE) launched on Wednesday a competition among college and university students that seeks to develop projects which will help underdeveloped communities through free enterprise.

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THE Supreme Court meted out a double-life sentence to a pedophile who raped his eight-year-old niece 10 years ago.

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Severino O. Frayna Jr., Benjie Dela Rosa
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