|
|
|
Friday, May 09, 2008 |
|
|
|
Lopezes to give up
Meralco |
|
Power firm says it’s ‘sick of this business’ |
|
By Katrina Mennen A. Valdez and
Euan Paulo C. Anonuevo, Reporters
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.
Garcia added in a text message
that his office immediately sent an invitation to discuss the terms
for buyout after learning of the decision of Lopez, also chairman of
First Philippine Holdings Corp., parent company of Meralco.
|
|
 Full
Story>>
|
|
|
|
|
O T H E R R E P O R T S
|
 |
|
|
|
|
Senator raps
Meralco ‘mafia’
|
|
The Manila Electric Co. (Meralco)
is home to “criminal” rings and should be blasted away, Sen.
Miriam Defensor Santiago charged on Thursday.
|
|
Full
Story>>
|
|
|
|
|
World oil prices
continue to breach records
|
|
SINGAPORE: World oil prices
continued their record-breaking run on Thursday, reaching a fresh
intra-day peak near $124 dollars a barrel despite a
larger-than-expected rise in US crude stocks.
|
|
Full
Story>>
|
|
|
|
|
Rice lands eyed as
protected areas to prevent conversions
|
|
To help address the shortfall in
domestic rice production, the the government wants to declare all
ricelands in the Philippines as protected areas.
|
|
Full
Story>>
|
|
|
|
|
Myanmar accepts
some aid; shipments still stranded
|
|
BANGKOK : Despite the arrival on
Thursday of a few aid shipments in Yangon (Rangoon), the main city
of Burma (Myanmar), the United Nations, the Association of Southeast
Asian Nations, the United States,...
|
|
Full
Story>>
|
|
|
|
|
Govt may support
federalism to break long impasse with MILF
|
|
The Arroyo administration will
support the adoption of a federal system of government if that is
the only way to break the deadlock in the government’s peace
negotiation with the Moro Islamic Liberation Front (MILF).
|
|
Full
Story>>
|
|
|
|
|
Gems of History
|
|
The Chinese who
stayed: Buying land is foolish?
|
|
Editor’s Note: The Sixth Dr.
Jose P. Rizal Awards for Excellence awarding ceremony will be held
on June 14, 2008, 7 p.m., at the Kaisa-Angelo King Heritage Center
on Anda and Cabildo Streets, Intramuros, Manila
|
|
Full
Story>>
|
|
|
|
|
|
|
|
|
|
| |
