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Wednesday, May 14, 2008 |
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‘Govt still owns
Meralco’ |
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Sen. Enrile says government can retake company |
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By Efren L. Danao, Senior
Reporter
The government, not the Lopezes,
is the rightful owner of the Manila Electric Co. (Meralco), Sen.
Juan Ponce Enrile said Tuesday.
Enrile said former President
Corazon Aquino gave Meralco to the Lopezes for free, even if the
government had expanded its franchise and upgraded its facilities.
He maintained that since the Lopez family did not pay the government
anything for getting Meralco, the government could still claim
ownership of the utility firm.
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O T H E R R E P O R T S
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EXCLUSIVE
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Utility firm
passes on E-VAT to consumers
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Electricity consumers in the
franchise area of the Manila Electric Co. (Meralco) are paying for
value-added tax, which the utility firm is exempt from paying.
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Public paying for
Meralco’s system loss
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The system loss of Manila
Electric Co. (Meralco) is only not subjected to the expanded
value-added tax (E-VAT) but is passed on to consumers.
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RP to send
doctors, offers sympathy to Chinese
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The Philippines will send a
15-man medical team to quake-hit China, Malacañang said Tuesday, as
the death toll there nears 12,000.
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Maguindanao, RP
fall behind education
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MAGUINDANAO: Ten-year-old Dino
and two younger boys were harassing a hapless chicken under a
neighbor’s nipa house. Covered with dust, the boys obviously
hadn’t had a bath just yet that day,...
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RP incurs P31B in
cost overruns for projects
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Five government agencies incurred
billions in cost overruns in their foreign-funded projects in 2007.
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GEMS OF HISTORY
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Tsinoys also faced
hardship
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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.
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