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GERMAN
Ambassador Axel Raimund Weishaupt (left) and Alistair
Macdonald, head of the Delegation of the European
Commission to the Philippines, representing the EU
Presidency, field questions at the press conference
marking the celebrations of “Fiesta Europa: 50 Years Na”.
--NONIE
REYES |
| HEADLINES |
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Attrition law hits a snag at BoC |
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THE
government’s efforts to implement the Lateral Attrition law
has run into a legal snag, as collectors of the Bureau of
Customs have again declined to sign a binding agreement that
would allow the agency to ax them and their staff if they
fail to meet the assigned target for the year. |
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Europe eyes FTA with Asean, except Burma |
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THE European
Union (EU) is pushing through with a free-trade agreement (FTA)
with members of the Association of Southeast Asian Nations (Asean),
but emphasized the exclusion of
Burma
from the trade pact. |
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BSP
lines up moves to relax forex rules |
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CEBU CITY—The
Bangko Sentral ng Pilipinas (BSP) announced a plan to
further ease the documentary requirements on foreign
exchange transactions. |
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BSP
eases banks’ access to P20-B rediscounting fund
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CEBU
CITY—The Bangko Sentral ng Pilipinas (BSP) had a
P20-billion fund for rediscounting but most banks far from
Manila, the BSP headquarters city, had not tapped into that
source of expanding a bank’s loanable resources for lack of
access. |
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Napc
lists 10 poorest MM communities |
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THE National
Antipoverty Commission (NAPC) has identified the 10 poorest
provinces as well as the 10 poorest communities in Metro
Manila as a prelude to putting them on top priority for the
hunger-mitigating programs of government.
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Damn
if you do, damn if you don’t |
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AFTER
chastising the administration for not doing enough to stem
poverty and hunger, the opposition is now faced with the
scenario of the Executive finding an “excuse” to mobilize a
billion pesos in funds for poverty alleviation on the eve of
elections. |
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Government may do own hunger survey |
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THE
government may conduct its own survey to gauge hunger levels
in the country if it proves to be “necessary” to check the
progress of its Accelerated Hunger Mitigation Program,
Health Secretary Francisco Duque said on Monday. |
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Terminals 1, 2 to be expanded |
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HERE’S
another sign of postponement, perhaps this time
indefinitely, of the oft-announced soft opening of the
controversial Ninoy Aquino International Airport Terminal 3
(Naia 3) supposedly now in June. On Monday, the Manila
International Airport Authority announced its intention to
expand Terminals 1 and 2 either by setting up additional
wings or enclosing the sidewalks and other open areas and
having them airconditioned. |
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P5-B
capex to improve Maynilad’s west zone system |
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THE new
operator of Maynilad Water Services Inc. is finalizing a
capital expenditure plan that would most likely entail
spending P5 billion annually for the improvement of the west
zone water system, according to Maynilad president Jose Ma.
Lim. |
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MORE STORIES ... |
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For clean
polls. Ambassador
Henrietta T. de Villa (right), national chairman of the
Comelec-deputized Parish Pastoral Council for Responsible
Voting (PPCRV), and BUSINESSMIRROR publisher T. Anthony C.
Cabangon sign an agreement to partner in campaigning for
clean elections, in recent simple rites at the office of
Ambassador de Villa at the Pope Pius Catholic Center. Also
at the signing were PPCRV secretary-general Clifford Sorita,
and BUSINESSMiRROR’S Ricky Alegre, vice president for
corporate aff airs, and Jon Louie Sanchez, business
development manager. |
