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PNB director
Lucio Tan listens as fellow director Eric Recto whispers
something at the PNB annual stockholders’ meeting at the
Century Park Hotel in Manila.
--ROY DOMINGO |
| HEADLINES |
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Miners prod NG on LGUs’ tax share |
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AS the
national government signaled its determination to make
mining a prime growth driver by offering investors the
extraction rights to 65 abandoned sites, an industry group
prodded it to give the local government units (LGUs)
hosting mining operations their rightful share of taxes. |
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Padded PhilHealth claims ‘from head to toe’ |
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SENATE
probers were told about what Sen. Richard Gordon described
as “a racket from head to toe” involving rampant padding and
dubious claims by errant doctors and hospitals, resulting in
over P4 billion in losses for the PhilHealth program. |
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Quorum lack may derail passage of cheap-drugs bill |
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THE 13th
Congres is expected to pass landmark legislation promoting
cheaper medicines during its special session on June 4 to 6,
but there is fear the absence of a quorum will effectively
prevent both houses of Congress from doing so. |
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PNB
to offer 33% shares in Q4 sale |
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THE
government is getting out of the business of banking with
the private sector and has secured an agreement with
businessman Lucio Tan for a planned share sale between
October to December this year. |
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N.
Zealand trip chalks up $1.2-B biz |
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PRESIDENT
Arroyo’s trip to
New Zealand
has generated $1.22 billion in potential investments in
agriculture, mining and wood processing, Malacañang said on
Tuesday. |
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RP
has biggest number of execs who chilled out
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THE
Philippines remains No. 9 among countries with the most
stressed-out businessmen, but the good news is that the
ranking may change next year considering that this year, it
has the most number of such stressed executives who chilled
out. |
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Civil society still wary of ADB’s new energy strategy,
directions |
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THE Asian
Development Bank (ADB) this week released the consultation
draft of its proposed energy strategy update to deal with
issues like energy demand, security and access, governance
and climate change by 2030, among others. |
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Europeans join protest vs BOC |
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EUROPEAN
businessmen in the country have joined their Filipino
counterparts in protesting the Bureau of Customs fees in the
use of scanning machines for importer container vans. |
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US
Net gamblers used Western |
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A FEDERAL
grand jury in
Salt Lake City
has indicted seven individuals and four companies that used
Western Union to wire funds for illegal Internet gambling to
associates in the
Philippines. |
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MORE STORIES ... |
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DTI welcomes Chinese
delegation
Trade and Industry Secretary Peter B. Favila (in barong)
speaks with Liu Qibao (right), secretary of the Guangxi
Committee and director general of the Standing Committee
of Guangxi People’s Congress, after their meeting at the
DTI offi ce. The Chinese delegation was in the country
recently to promote cooperation between Guangxi and the
Philippines. Liu revealed Guangxi’s plan to promote
tourism in the area by promoting its passenger airliners
across South China Sea. He also invited Favila to visit
Guangxi’s Manning City in October for the third China-Asean
Expo, where Chinese leaders and leaders of the 10 Asean
members will participate. |
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