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Tuesday, February 10, 2009 |
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Govt fair game to Legacy |
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Lawmakers grill BSP, as it calledfor more powers
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The government did not stand a chance against allegedly predatory
practices of a business group that supposedly went bankrupt but not
after also allegedly making tens of millions of pesos off gullible
investors.
That much was admitted by the deputy governor of
the Bangko Sentral ng Pilipinas (BSP) during Monday’s resumption
of hearings by the House of Representatives on the collapse of
Legacy group owned by Celso de los Angeles.
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 Full
Story>>
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O T H E R R E P O R T S
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PDIC to start paying claims of depositors
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The Philippine Deposit Insurance Corp. (PDIC) was set to pay out on
Friday the deposit claims of 12 shuttered rural banks of the Legacy
group.
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Story>>
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PRICE Of COMMERCIAL RICE INCREASES BY P2 PER KILO
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The price of cheap commercial rice has gone up.
During an inspection at the Mutya ng Pasig
Market in Pasig City (Metro Manila) on Monday, Agriculture Secretary
Arthur Yap confirmed that the price of such rice went up by as much
as P2 per kilo.
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Gloomy figures show scale of meltdown
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TOKYO: Japan’s Nissan Motor announced 20,000 job cuts Monday and a
massive net loss for the year, deepening the gloom in the world’s
second-biggest economy where a slump in exports is hitting hard.
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GMA unveils programs vs. global crisis
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President Gloria Arroyo unveiled Monday several government
initiatives to assist vulnerable industries and displaced Filipinos
workers, as the country continues to reel from the effects of the
global financial crisis.
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Sec. Gonzalez under military surveillance
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Justice Secretary Raul Gonzalez disclosed Monday that he has been
under surveillance for quite sometime by operatives of the
Intelligence Service of the Armed Forces of the Philippines (ISAFP)
for still unknown reasons.
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FEATURE
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Igorots say
wedding vows in three ways
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SADANGA, Mountain Province: Valentine’s Day may be a Western
tradition, but the few thousands of Igorots in this tiny place are
equally vulnerable to the love bug this time of year.
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Story>>
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GRAMMY WINNERS
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Plant, Krauss dominate at Grammys
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LOS ANGELES: Musical odd couple Robert Plant and Alison Krauss stole
the show at the Grammys Sunday (Monday in Manila), dominating the
prestigious gala with their groundbreaking rock-country
collaboration to nab five awards.
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Story>>
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