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Thursday, September 18, 2008 |
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DOJ: No escape for Meralco |
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Justice secretary bent on pushingcharges of estafa
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The Justice department has stepped on the gas against Meralco.
It said Wednesday that the syndicated estafa
charges filed against 16 top executives of the Lopez-owned utility
would stay even if the Manila Electric Co. (Meralco) refunds meter
deposits of its customers.
“The payment will not extinguish the crime,”
Justice Secretary Raul Gonzalez insisted.
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O T H E R R E P O R T S
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President confident rp strong enough tosurvive world crisis
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President Gloria Arroyo said Wednesday she is confident that the
country’s economy could withstand the current challenges in the
global economy, particularly with the crisis in the American
financial system.
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Philippines can offerhaven for investors
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As many economies around the globe, especially that of the US,
are slowing down, the Philippines should position itself as a
low-risk and more stable investment haven, Trade Secretary Peter
Favila said Wednesday.
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As growth declines,budget deficit swells
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The National Economic and Development Authority
(NEDA) warned on
Wednesday that an additional budget burden would arise if the
country’s economy moved at a much slower pace than expected.
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High inflation to cause ‘lasting damage’
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Asia’s high inflation problem stems from lax monetary policy
rather than soaring food and energy prices, and the threat of
“lasting damage” is real, the Asian Development Bank (ADB)
warned Wednesday.
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US woman voters, Pinoys for Barack
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WASHINGTON: Prominent US women’s rights groups backed Democrat
Barack Obama for the White House and slammed his Republican rival
John McCain for trying to lure woman voters by choosing Sarah Palin
as a running mate.
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Republican bet raps Obama
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VIENNA, Ohio: John McCain accused White House foe Barack Obama of
siding with “A-list” stars at a dollar-soaked Hollywood
fundraiser instead of with hard-hit voters trapped by the economic
malaise.
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Up to 20M Pinoys deprived of right to vote
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They are qualified to vote but can’t, and the winner as a result
of their inability to do so is “corruption.”
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