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   May 20, 2008

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‘Word war’ rattles Meralco investors

FELLED, BURIED BY ‘COSME’. Four persons were killed as the storm battered northern Philippines on May 18. Two cars in Baguio City barely escaped his wrath, though.
Photo by Harley Palangchao

Utility firm to present plan to lower electricity rates to Cabinet

The word war between the government and the Lopez family for control of Manila Electric Co. (Meralco) is giving foreign investors second thoughts about putting their money in the country’s biggest power distributor.

Full Story>> 

 

Double-digit system losses incurred by electric cooperatives, which distribute electricity to rural areas, in part account for the country’s high electricity rates, an official from state-run National Electrification Administration (NEA), said Monday.

Full Story>>

T O P   S T O R I E S

·  Gunman kills 8, including 4 children in Laguna
·  RP contributes to China economy
· 

Enrile: Limit Lozada’s movements

· Students make bioethanol from rice straws
· Landowner’s son grows up to be land-reform advocate
   

M E T R O

Malacañang defends appointment of retired military chief as presidential peace adviser

The appointment of retired Armed Forces Chief Hermogenes Esperon Jr. as the new presidential peace adviser has come under fire from various sectors, even if Malacañang insists that Esperon is best suited for the job. Members of Congress had mixed reactions towards Esperon’s appointment.

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R E G I O N S

Some 1,067 reviewers ‘ applications were not filed with PRC 

BALANGA City, Bataan: An official of a nursing review center in Bataan, nursing reviewers and parents on Monday appealed to the Professional Regulatory Commission (PRC) to grant an extension in the filing of application for the June 1 and 2 Nursing Board Exam after the administrative officer of Northcap Review Center in Baguio City ran away with P1.2 million in registration fees.

Full Story>>

 

B U S I N E S S

THE government earned more than it spent last month, with the Philippines’ budget surplus more than doubling in April from a year ago.

Full Story>>

  

S P O R T S

BOSTON, Massachusetts: Paul Pierce scored 41 points as the Boston Celtics held off LeBron James and the Cleveland Cavaliers 97-92 Sunday to advance in the National Basketball Association playoffs.

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T E C H   T I M E S

Microsoft said Sunday it was considering some kind of new deal with Yahoo that would not involve a new takeover bid, two weeks after withdrawing its offer to acquire the struggling Internet pioneer.

Full Story>>

 

M O T O R I N G 

General Motors Phils. releases restyled 2008 Chevrolet Aveo Hatchback 

THE Chevrolet Aveo is sold in 120 countries by five General Motors brands in 11 different nameplates. This car that flaunts the iconic American Chevrolet bow tie logo was originally penned by the famed Italdesign Giugiaro studio and was later developed by the GM Design Center in Korea. Talk about a global car.

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OPINION

EDITORIAL
Japan: Military use of space

The only item that has captured the attention of a big number Filipinos about Japan of late is the Japanese-Philippine Economic Partnership Agreement. We have studied the treaty and have urged the Senate to ratify it.

Full Story>> 
·

Ernesto F. Herrera: P20 minimum wage increase for NCR is not enough

· Julius F. Fortuna: Meralco-Palace dialogue
· Tony Lopez: Who killed Monching Pagdanganan?
· Alito L. Malinao: On growing old
· Alfredo G. Rosario: The anguish of losing a son
· Marit Stinus-Remonde: Magical things in Ilocos Norte
· LETTER 

Business Columnist

·

Rene Martel: Marcos media nemesis joins BPO wave

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World

China mourns over quake deaths

DUJIANGYAN, China: From the heart of Beijing to the devastated southwest, China came to a standstill Monday to mourn its earthquake victims as the number of dead, missing or buried soared past 71,000.

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Full Story>>

Life & Times

Round the world with Budoy

The Visayan reggae exponent Junior Kilat releases their second album

Driven by passion for music, seven people came together and formed the band Junior Kilat. Named as such for the Visayan hero Leon Kilat of Pantalleon Villegas, the band composes music of social and cultural relevance. And like thunder, they struck Filipinos with their music so familiar and yet so new: the Visayan reggae.

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Full Story>>

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

 

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