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       Tuesday 
   June 17, 2008

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Southern Luzon, Visayas and Mindanao will experience cloudy skies with scattered rainshowers and thunderstorms becoming widespread over Eastern Visayas which may trigger flashfloods and landslides. The rest of the country will be partly cloudy to at times cloudy with isolated rainshowers or thunderstorms mostly in the afternoon or evening.

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Abu Sayyaf wants ransom paid today

The military maintains its presence in this town in Sulu where Abu Sayyaf militants are holding hostage ABS-CBN broadcaster Ces Oreña-Drilon, her cameraman Jimmy Encarnacion and Mindanao State University professor Octavio Dinampo.
Photos by Al Jacinto

JOLO, Sulu: Abu Sayyaf rebels tied to the al-Qaeda terror network on Monday threatened to harm a kidnapped Philippine television reporter and her companions if their families failed to pay P15 million in ransom by noon today.

Incoming Press Secretary Jesus Dureza told a press briefing in Malacañang that the government is standing firm on its no-ransom policy but acknowledged that the ultimatum set by the kidnappers should not be taken lightly.

Full Story>> 

 

Consumer prices in June are likely to rise to double digits, pushed by costlier food and fuel, an official of the National Economic and Development Authority said.

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T O P   S T O R I E S

·  Troops fighting in Sulu demoralized
·  Australian to build $1.5-B hotel-casino in RP
· 

Bakers cut back ‘pandesal’ production

· Museum to rise in Intramuros to house religious collection
· Govt sets aside P1-B fund for drivers
   

M E T R O

Measure exempts minimum wage earners from paying income tax, gives higher exemptions to employees

President Gloria Arroyo will sign into law Tuesday the measure that will exempt minimum wage earners from paying income taxes, and increase the personal exemptions for employees.

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R E G I O N S

Research by food agency showed that rice-exporting countries also hit by worldwide price hikes

EVEN rice exporting countries are affected by the worldwide rice price crisis as retail prices of the staple in Vietnam and Thailand went up to P59.01 per kilogram and P45.11 per kilogram, respectively, the National Food Authority (NFA) said.

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B U S I N E S S

THE Bureau of Internal Revenue (BIR) failed to attain its promised collection goal for last month after the government refused to borrow short-term through its regular auctions of debt papers.

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S P O R T S

LOS ANGELES: Kobe Bryant scored 25 points but made his biggest moves defensively Sunday to sustain the championship dreams of the Los Angeles Lakers and deny the Boston Celtics their first title since 1986.

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T E C H   T I M E S

The House of Representatives has approved on second reading a bill proposing to install a totally new department that would look after and advance the country's information and communications technology (ICT) sector.

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 M O T O R I N G 

Nissan Motor Philippines introduces the all-new Grand Livina with a driving event that poses a question

“IS it an MPV or a sedan?” That was the question thrown by Nissan Motor Phils. Inc. (NMPI) to a select group of journalists as the carmaker introduced its newest model, the Grand Livina, through a driving event that took the participants from Laguna to the Subic International Raceway.

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OPINION

EDITORIAL
Give Neri his old NEDA job

College and university level educators have been urging Malacañang to relieve temporary chairman of the Commission on Higher Education (CHED) Secretary Romulo Neri of his job at the Commission.

Full Story>> 
·

Ernesto F. Herrera: Will an Obama victory bring down gas prices?

· Julius F. Fortuna: We’re losing to the Malaysians in our backyard
· Tony Lopez: Giving cash to the poor
· Alfredo G. Rosario: OPEC’s insatiable appetite for profit
· Alito L. Malinao: Of laughter and tears
· Marit Stinus-Remonde: The au pairs in Denmark
· ANALYSIS : Mumbai prostitutes open a bank

Business Columnist

·

Dr. Robert S. Keitel Phd.: Improving employability of graduates for the business processing industry

·

Rene Martel: Discover 7-star luxury in Sulu hinterland

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World

Saudi Arabia to hike oil output in July

LONDON: Saudi Arabia, an Organization of the Petroleum-Exporting Countries (OPEC) powerhouse, would further increase oil output to meet heightened demand from its customers, United Nations (UN) chief Ban Ki Moon assured late Sunday.

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Life & Times

The sound of body fluids
Drip lets the music flow

Drip is an esteemed pioneer of the trip-hop genre with its acid jazz grooves, hip-hop loops and femme fatale vocals. Twisted yet whimsical, sensual yet shady. They don’t label themselves as trip-hop but embrace its essence nonetheless. “That’s the thing we’re dealing with right now, like we don’t want to be into the label of trip-hop because we do play drum and bass, electro, like all sorts of music. We use all sorts of electronic software and hard wares and what not. We can actually create any kind of flavors,” they say.

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2008 Dr. Jose P. Rizal Awards: Search for Outstanding Chinese-Filipinos

 

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