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Thursday, May 29, 2008

 

Meralco faces SEC charges

Regulator demands explanation

By Likha C. Cuevas-Miel Reporter

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.

The regulator said Meralco has until Friday to respond to the order.

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O T H E R   R E P O R T S

 

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)...

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The protectionist policy of developed countries is fueling the growing food crisis, Sen. Edgardo Angara charged on Wednesday.

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Amnesty International on Wednesday reported that the number of extrajudicial killings in the Philippines in 2007 dropped by 50 percent from 2006.

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Sen. Miriam Defensor Santiago on Wednesday asked Chairman Jose Melo of the Commission on Elections (Comelec) to make a categorical ruling on what constitutes “premature campaigning” that is prohibited...

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FEATURE

Filipino engineering and computer science professors have developed a computer game called Asean Quest that allows Asians to familiarize themselves with countries in the region.

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Some Senate reporters walked out of a press conference on the renewable  energy bill and the “Quit Coal” campaign after the media handlers of Sen. Juan Miguel Zubiri insisted on waiting for a news team...

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GEMS OF HISTORY

Of the six exhibits that opened February 14, 2007 at the Ayala Museum under the exhibition “Chinese Diaspora: Art Streams from the Mainland,” one was named “Damian Domingo, The First Great Filipino Painter.”

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