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Monday, May 12, 2008

 

Meralco, GSIS set showdown

Senate braces for ‘The Clash of the Titans’

The Manila Electric Co.  (Meralco) and the Government Service Insurance System (GSIS) will face off in what Sen. Miriam Defensor Santiago had billed as “The Clash of the Titans” as the Joint Congressional Power Commission (PowerCom) starts its inquiry today into the high power rates prevailing in the country.

Winston Garcia, the GSIS president, is expected to air his charges against the alleged mismanagement of Meralco by the Lopez family. The Lopezes own 33 percent of the shares of Meralco, and the GSIS, 23 percent.

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O T H E R   R E P O R T S

 

The national weather bureau on Sunday warned residents in Southern Luzon, the Visayas and Mindanao to brace for landslides and flash floods that Typhoon “Butchoy” (international code name: “Rammasun”) may bring.

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NOTES & COMMENTS

Federalism now?

Those who advocate federalism now may be jumping the gun. That “there can be no sound decentralization until there has first been centralization” is apparently an axiom among students of public administration.

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No cure for costly medicines?

IT WON'T be over even after the lady signs. And even after she signs it, the fight for popular access to affordable medicines won't be over.

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Press Secretary Ignacio Bunye said he is leaving President Gloria Arroyo’s official family next month “to fulfill a wish of going back to banking.”

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From the rice paddies of Asia to the wheat fields of Australia, the soaring prices of food are breaking the budgets of the poor and raising the specters of hunger and unrest, experts warn.

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GEMS OF HISTORY

Of the 11 members of the Philippine Atomic Energy Commission set up in 1958, one was a Chinese physicist named Hsieh Yu Ming. Hsieh is mentioned in a Chinese article published in 1961 about Dr. Frank Co Tui, the Father of Philippine Science.

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Severino O. Frayna Jr., Benjie Dela Rosa
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