Luzon and
Visayas will experience mostly cloudy skies with
scattered rainshowers and thunderstorms. The
rest of the country will be partly cloudy to
cloudy with isolated rainshowers or
thunderstorms mostly in the afternoon or evening.
GOVERNMENT SERVICE
INSURANCE SYSTEM President Winston Garcia explains
his position on proxy votes during the annual
stockholders’ meeting of Meralco on Tuesday. Photo by Likha Cuevas-Miel
Voting pushes ahead despite 11th-hour restraining
order
The Manila Electric Co. (Meralco) pushed through
with the election of its board members despite stiff resistance from
the chief of the state pension fund who had moved but failed to stop
the proceedings.
The intervention of the Securities and Exchange
Commission (SEC) in the boardroom battle for the Manila Electric Co.
(Meralco) may scare away investors from the Philippines, analysts
said Tuesday.
Bill certified as urgent gives higher exemptions to
taxpayers
The Senate passed Tuesday on third and final
reading the certified bill exempting minimum-wage earners from
paying income tax, and increasing the personal and additional
exemptions of taxpayers.
Rumblings from freed rebel Nur Misuari and the
regrouping of the Moro National Liberation Front are reportedly
serious concerns
Zamboanga City: A senior Malaysian politician,
furious over a renewed Philippine claim to Sabah, have called for
stricter laws on Filipinos traveling to the oil-rich state.
PHILIPPINE purchases of oil as well as rice and
other cereals pushed the country’s import bill to grow by double
digits for a fifth straight month in March, the National Statistics
Office (NSO) reported Tuesday.
DETROIT, Michigan: Antonio McDyess scored 21 points with 16 rebounds
Monday as the Detroit Pistons beat the Boston Celtics 94-75 to even
their National Basketball Association semifinal series at two games
each.
The rapidly mushrooming number of illegal sports betting websites is heightening concerns among authorities about global corruption, money laundering and gambling addiction.
On Monday, the Philippine government again received unsolicited
advice from one of its biggest foreign benefactors, the
International Finance Corporation (IFC): Be more business friendly
to make your country more globally competitive and, for heaven’s
sake, please start implementing the much-publicized Anti-Red Tape
Act which the President signed on June 18, 2007.
BAGHDAD: Iraq’s national security council has asked Prime Minister
Nuri al-Maliki to ensure that a pact under discussion to extend the
US troop presence beyond 2008 will not harm the national interest.
For something often considered as a petty beach
activity done on the shallowest of waters, skimboarding poses a lot
of risks—skin lacerations, bruises, broken bones, twisted
ankles—just like skateboarding or biking.
