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   May 29, 2008

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Meralco faces SEC charges

Under a microscope: President Gloria Arroyo (left) peeks into a microscope during her visit to the Science Laboratory of the Lucena West 1 Elementary School in Quezon on Wednesday. Her visit was seen as signifying her wish to inculcate knowledge and skills among students in English, Science and Mathematics. 
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Regulator demands explanation

The Securities and Exchange Commission (SEC) ordered the Manila Electric Co. (Meralco) to explain its defiance of a cease-and-desist order that the government regulator issued during the power firm’s stockholders’ meeting Tuesday.

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Not backing down from his foe’s defiant stance, Winston Garcia is pushing harder for the takeover of the biggest power distributor in the Philippines by filing another case with the Securities and Exchange Commission (SEC) to nullify the votes cast by shareholders Tuesday.

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T O P   S T O R I E S

·  Protectionism cause of food crisis
·  Extrajudicial Killings In Rp Down 50%–Amnesty Report
· 

Sen. Santiago seeks ruling on premature campaigning

· Filipino professors create Asean computer game
· Walkout mars Zubiri press conference
· Great Filipino painter a Chinese ‘mestizo’
   

M E T R O

Faster passage of measure seen without need to hold bicameral hearings

The House adopted Wednesday the Senate version of the bill granting tax exemption to minimum wage earners and increasing personal and additional exemptions of individuals, assuring the faster passage of the Malacañang-certified measure.

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R E G I O N S

Rebels’ chief peace negotiator Iqbal says these attacks totally disregarded the ceasefire agreement

BASILAN: Government forces shelled Wednesday suspected encampments of the Moro Islamic Liberation Front (MILF) rebels on Basilan island.

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B U S I N E S S

No immediate impact seen on credit rating

THE Philippines has put off a government plan to balance its budget this year, the country’s economic managers said Wednesday. Besides postponing its fiscal program, the Development and Budget Coordinating Committee (DBCC) also cut the country’s economic growth target in light of rising inflation and a slowdown in its largest export market, the US.

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S P O R T S

BATANGAS CITY: Harbour Centre defied pressure and went on to rewrite history by bagging a record fifth straight title Wednesday in the 2008 Philippine Basketball League Lipovitan Amino Sports Cup. 

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OPINION

EDITORIAL
Sounds familiar

THE accusation that members of the Batangas Police Provincial Office may have summarily killed three to four suspects in the Rizal Commercial Banking Corp. Cabuyao, Laguna, branch robbery sounds familiar. Police officers have been implicated in similar killings before.

Full Story>> 
·

Julius F. Fortuna: Trouble at Bangko Sentral ng Pilipinas

· Geronimo L. Sy: Lost in Korea
· Alfredo G. Rosario: Politicians as product endorsers
· Giovanni Tapang, Ph.D.: Ka Bel’s electric dream
· Tony Lopez: The SC and the AEDC
· The 60th anniversary of UN peacekeeping
· Uncovering Indonesia’s hidden shame

World

China urged to improve human
rights record after Beijing Games


LONDON: The world needs to maintain pressure on China for human rights reform after the Beijing Olympics, the head of Amnesty International told Agence France-Presse Wednesday after the group published its annual report.

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Full Story>>

Life & Times

The 1970s brain buster is back
Reviving Rubik’s

Get more frustrated. Test your patience. Beware, it’s back.  

.

Full Story>>

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

 

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