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   May 09, 2008

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Lopezes to give up Meralco

GET THE HOARDERS! Rice traders accused of hoarding rice had the privilege of having no less than President Gloria Arroyo making sure that they were formally charged for the crime. The President met with Justice Secretary Raul Gonzalez, NFA Administrator Jessup Navarro, and NBI Director Nestor Mantaring at the Justice Department on Thursday.
Photo By Rene H. Dilan

Power firm says it’s ‘sick of this business’

The president of the Government Service Insurance System (GSIS), Winston Garcia, on Thursday said they considered taking over the Lopez-controlled Manila Electric Co. (Meralco) after the power distribution company’s chairman, Oscar Lopez, expressed his intention to give back the company to the government.

Full Story>> 

 

The Manila Electric Co. (Meralco) is home to “criminal” rings and should be blasted away, Sen. Miriam Defensor Santiago charged on Thursday.

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T O P   S T O R I E S

·  World oil prices continue to breach records
·  Rice lands eyed as protected areas to prevent conversions
· 

Myanmar accepts some aid; shipments still stranded

· Govt may support federalism to break long impasse with MILF
· The Chinese who stayed: Buying land is foolish?
   

M E T R O

AROUND 50 private elementary schools in the National Capital Region (NCR) have already filed their application with the Department of Education-NCR to increase their tuition fee this coming school year.

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R E G I O N S

BAYOMBONG, Nueva Vizcaya: Gov. Luisa Lloren Cuaresma, apparently slighted by the seeming disregard of a foreign mining firm for the provincial government’s “cease and desist order,” on Tuesday advised officials of the Australian mining firm to just leave the province if it could not pay the taxes and fees being collected by her administration.

Full Story>>

 

B U S I N E S S

RP auto industry defies US contraction

DESPITE the soaring price of fuel, Filipinos kept buying gas-guzzling motor vehicles like pickup trucks, vans, and sports utility vehicles (SUVs), with sales of these models in the first four months this year jumping a fourth from a year ago, according to local assemblers.

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S P O R T S

LOS ANGELES: Kobe Bryant accepted his Most Valuable Player trophy Wednesday, then poured in 34 points to lead the Los Angeles Lakers to a 120-110 victory over Utah Jazz in the National Basketball Association (NBA) playoffs. 

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T E C H   T I M E S

As US technology giants including Google place a multi-billion dollar bet on WiMAX, backers of the wireless data-streaming format say it will radically change mobile Internet use.

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C H I N A T I M E S

VATICAN CITY: Pope Benedict XVI described the Beijing Olympic Games as “an event of great importance for the entire human family” as he received the China Philharmonic at the Vatican on Wednesday.

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OPINION

EDITORIAL
Help for Myanmar

Myanmar needs massive help—and Yangon is getting it. From the Philippines—a partner in the Association of Southeast Asian Nations (Asean)—a team of doctors and nurses will soon fly to the former Burma to help ease suffering and pain.

Full Story>> 
·

Dan Mariano: The AFP and the business sector

· Joel P. Palacios: Checkmate, Pacquiao!
· Rene Q. Bas: Why the US will continue to lead
· Marylaine Louise Viernes: The greatest freak show on earth
· Ma. Isabel Ongpin: A garden of delights
· Nora O. Gamolo: Bridging the gap between media and development
· ANALYSIS: Inflation reverses price boon for Philippine farmers

World

Putin for PM after protégé Medvedev takes Kremlin

MOSCOW: Russia’s Vladimir Putin was to be confirmed Thursday as prime minister, a day after his aide Dmitry Medvedev became president in a power shift that raises questions over who will really be in charge.

.

Full Story>>

Life & Times

Villain no more
A new book offers a different look at stepmoms this Mother’s Day

Stepparents are often viewed as unloving and unkind. Fictional stories, especially fairy tales, often portray stepmothers as cruel, wicked and evil.

.

Full Story>>

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

 

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