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Monday, March 31, 2008

 

Govt lays down options besides rice tariff cut

BY Chino S. Leyco Reporter

THE GOVERNMENT is still looking for other options aside from cutting
 the rice tariff amid skyrocketing commodity prices in the global market, the Department of Finance said.

Finance Secretary Margarito Teves said the country’s econo­mic managers are considering many options to combat the instability in rice prices, like relaxing the tariff and state subsidy, adding the reduction on tariff will affect the govern­ment’s revenues.

Full Story>>

 

O T H E R   R E P O R T S

 

CHARGES of economic sabotage, an unbailable offense, may be slapped against unscrupulous owners of rice warehouses found hoarding the commodity to create an artificial shortage and jack up prices.

Full Story>>

 

Metropolitan Manila Develop­ment Authority (MMDA) chairman Bayani Fernando said the country’s legislature and even the Supreme Court could decide and solve the long-standing battle between the agency...

Full Story>>

 

A Filipino seaman, who was incarcerated in Bangladesh for 11 years, has been released from prison and returned home.

Full Story>>

 

Operatives of the Presidential Anti-Colorum/Kotong Task Force arrested 37 kotong cops and traffic enforcers, and rounded up 893 colorum vehicles in operations in Metro Manila.

Full Story>>

 

VICE President Noli de Castro has proposed a five-point strategy to
arrest the uncertainties surrounding the country’s economic and social condition.

Full Story>>

  

  
 

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