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Wednesday, May 21, 2008 |
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GSIS, Meralco trade barbs |
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President forms group to look at lowering rates
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The word war between the Government Service
Insurance System (GSIS) and the Manila Electric Co. (Meralco)
continued during a Cabinet meeting in Bohol on Tuesday. GSIS
President Winston Garcia said Meralco could reduce power cost by 6
centavos to P3 per kilowatt-hour, should the power distributor stop
its “abusive measures.”
Meralco officials fired back, saying the high
power rate charged by the National Power Corp. (Napocor) is the
reason behind the high cost of power in Metro Manila. They denied
incorporating the electric bills of the Lopez-owned companies in the
system losses being charged to electricity consumers.
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O T H E R R E P O R T S
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‘Ka Bel’ dies after fall,
words of praise pour in
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Anakpawis Party-list Rep. Crispin Beltran died Tuesday, when he fell
from the roof of his house in Bulacan province and sustained severe
head injuries.
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Fast population growth
not to blame for crisis
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Economists at the University of Asia and the Pacific cited the
Filipinos’ declining buying power and government’s lack of
support for agriculture as the main culprits for the rice-price
crisis.
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FEATURE
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Access Cards ‘Tamper Proof’–Official
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Family access cards that entitle the country’s
poorest families to cheap government rice were distributed starting
last week by the Department of Social Welfare and Development in
some towns and cities in Metro Manila (National Capital Region).
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Govt backtracks, orders
fare hike effective today
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President Gloria Arroyo ordered the implementation of a provisional
fare increase for public vehicles starting today, a radio report
said Tuesday.
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Teves makes in through
appointments body panel
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Secretary Margarito Teves finally got the
endorsement on Tuesday of the Commission on Appointments’
Committee on Finance almost three years after he assumed the Finance
portfolio.
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GMA confident of balancing budget
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President Gloria Arroyo on Tuesday announced
that the country is well on its way to balancing the budget this
year as a result of a record revenue collection.
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GEMS OF HISTORY
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Street scenes in
Manila
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What were typical street scenes in Manila in the
late 19th and early 20th centuries?
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