|
|
|
Tuesday, May 13, 2008 |
|
|
|
‘Sweetheart deals’ bared
|
|
GSIS chief claims Meralco’s supply transactions
gouged customers
|
|
Deals of the Manila Electric Co. (Meralco) with
its sister companies enabled the latter to almost double their
income even as Meralco was asking for another power rate increase,
Winston Garcia, president of the Government Service Insurance System
(GSIS), charged on Monday.
Garcia told the Joint Congressional Power
Commission (PowerCom) that Meralco bought P55-billion worth of
supplies from its sister companies in 2007 as he questioned the lack
of Meralco’s transparency in these contracts, including those with
its own independent power producers (IPPs).
|
|
 Full
Story>>
|
|
|
|
|
O T H E R R E P O R T S
|
 |
|
|
|
|
Meralco deprives consumers
low rates–Napocor
|
|
State-owned National Power Corp. (Napocor) said
consumers in the franchise area of the Manila Electric Co. do not
feel its low power rates as Meralco is buying bulk of its
electricity supply from other expensive sources and at more
expensive hours at that.
|
|
Full
Story>>
|
|
|
|
|
Bishops: High food prices to last until 2013
|
|
Local Roman Catholic bishops expect the crisis of high food prices
to last up to five years, a Church official said on Monday.
|
|
Full
Story>>
|
|
|
|
|
Powerful earthquake hits Southwest China
|
|
BEIJING: A powerful 7.8-magnitude earthquake struck Monday close to
densely populated areas of southwest China, killing at least five
persons and rattling cities across a swathe of Southeast Asia.
|
|
Full
Story>>
|
|
|
|
|
President pardons 9 convicted coup leaders
|
|
President Gloria Arroyo on Monday announced that she had pardoned
nine military officers convicted of mounting a failed coup against
her nearly five years ago.
|
|
Full
Story>>
|
|
|
|
|
Transport strike wavers in Metro
|
|
The transport strike staged by the Pinagkaisang Samahan ng Tsuper at
Operators Nationwide (Piston)...
|
|
Full
Story>>
|
|
|
|
|
GEMS OF HISTORY
|
|
Sacristia: Ongpin of old
|
|
Ongpin Street has been the symbol of Chinatown
in Manila for decades. In fact, it is almost synonymous to
Chinatown. People who visit Chinatown almost always pass by Ongpin
Street.
|
|
Full
Story>>
|
|
|
|
|
|
| |
