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Thursday, February 19, 2009 |
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Veterans get
recognition |
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Acknowledgment in US stimulus package |
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By Jun Medina, Special
Correspondent
WASHINGTON, D.C.: President
Barack Obama signed on Wednesday the economic stimulus bill that
also grants Filipino World War II veterans long-awaited recognition
and compensation for their service alongside US forces against the
Japanese.
The measure authorizes a one-time
lump sum payment for an estimated 18,000 surviving Filipino
veterans—$15,000 for those who are US citizens and $9,000 for
non-US citizens.
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O T H E R R E P O R T S
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WB suspects,
accusers bag major deals
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They may have played vastly
different roles, but both the suspects and the whistle-blowers in
the World Bank investigation on collusion and corruption in
bank-funded road projects in the Philippines have one thing in
common...
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Obama signs most
sweeping economic program in history
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DENVER, Colorado: President
Barack Obama Tuesday proclaimed he had begun the work of saving the
American dream, as he signed into law a historic $787-billion bill
designed to rescue the US economy.
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Bank probers
nearly catch conspirators
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World Bank investigators looking
into alleged collusion and corruption in bank-funded road projects
came very close to catching the conspirators while meeting to fix
the bids,...
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Story>>
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SMEs IN ASIA
FEELING HEAT FROM CRISIS
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Small and medium enterprises (SMEs)
in developing countries like the Philippines have been hit hard by
the global financial crisis because of their smaller capitalization
and limited access to credit,...
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Economic recovery
to take 2 to 3 years
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Recovery from the current global
financial crisis could even take longer than the 1997 Asian
financial crisis, various international organization officials said
Wednesday.
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Korean tourists
hurt by global meltdown
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The number of South Korean
tourists who would troop to the Philippines could slow down this
year, the envoy of South Korea to the Philippines said in a
roundtable with The Manila Times on Tuesday.
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San Miguel
promises cheaper electricity
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San Miguel Corp. (SMC) on
Wednesday said that it may be able to reduce the high electricity
rate of the Lopez-led Manila Electric Co. (Meralco). It is a major
shareholder of Meralco, the country’s largest power utility.
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Manila residents
want law on reproductive health – SWS poll
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The majority of the residents of
the City of Manila believe that there should be a law on
reproductive health, a recent survey conducted by the Social Weather
Stations (SWS) showed
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