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BusinessMirror is published Monday to Friday by the Philippine Business Daily Mirror Publishing, Inc., with offices on the 2nd Floor, Dominga Building (Annex), 2113 Chino Roces Avenue corner De La Rosa Street, Makati City, Philippines. Tel. Nos. (Editorial) 817-9467; 813-0725; 817-8407; 812-1691. Fax line: 813-7025. (Advertising Sales) 817-5351; 817-1351, 817-2807 and +639228909088. (Circulation) 893-1662; 814-0134 to 36. E-mail: news@businessmirror. com.ph

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All gone A young boy tries to hold back his tears as he surveys the ruins of what was once a community in Guadalupe Viejo in Makati City, where hundreds of houses were destroyed by a fire that also injured 17 persons early Sunday morning. Nonie Reyes

 

TOP STORIES

Debt activists revive G

ASIA-based civil-society organizations have urged Group of Eight (G-8) countries to cancel all illegitimate debts contracted by developing countries like the Philippines.

Food crisis to persist with bad policy

THE current global food crisis afflicting developing countries—and often leading to violence—due to high inflation rates, widespread hunger and deepened poverty is likely to persist if governments do not deal with ineffective and, by now, inappropriate policies, according to the United Nations Conference on Trade and Development (Unctad).

High food prices swell ranks of hungry

An astonishing 50 million people were added to the millions of the hungry last year due to soaring food prices, according to the United Nations Food and Agriculture Organization (FAO).

Recast spending priorities in crisis

MALACAŅANG and Congress leaders should get together and recast the 2008 national budget’s spending priorities so the government could effectively help people cope with sharp spikes in fuel and food prices, and provide immediate relief to victims of natural calamities, Sen. Mar Roxas II recommended over the weekend.

Epira revisions

RECOGNIZING concerns raised by industry stakeholders and potential investors in the country’s power sector, the House Committee on Energy seems about to shelve pending amendments to the Electric Power Industry Reform Act of 2001 (Epira).

Franchising one bright hope

THE Philippine franchising sector continues to be an important driver of economic growth and national productivity, contributing an estimated P106.75 billion to the nation’s economy in just three years.

ConGen tour to draw 500 to Manila

ABOUT 500 Filipino-Americans and Filipino-Canadians are expected to participate in the 4th Ambassadors, Consuls General and Tourism Directors Tour to the Philippines next week.

EU crackdown meant to draw legal migrants

UNDER fire for a stricter immigration policy seen as being unduly harsh on foreign workers despite having benefited from their skills, the European Union is justifying that policy as one meant not just to secure the EU border against possible terrorist threats, but one that, in fact, encourages legal migration in order to fill up its continuously declining work force.

Why ratify if Burma won

THERE is no use for the Association of Southeast Asian Nations (Asean) to adopt its newly drafted charter during the regional bloc’s summit in November this year if member Burma—a dictatorship for over two decades—does not commit to the explicit provisions on respect for human rights and the rule of law.

Ultimatum set for power-firm staff’s ransom

ZAMBOANGA CITY—The Abu Sayyaf bandits holding captive four Basilan Electric Cooperative (Baselco) employees have given the company until Tuesday to pay ransom, or they would increase the demand and start killing the hostages.

Saving Planet English

The Filipino’s superior ability to communicate in English, the only truly international language, is recognized worldwide.  British life insurer Pru Life UK believes that this is the Filipino’s competitive advantage, and is committed to enhancing and nurturing this valuable skill through this campaign, with the help of the best writers and experts in the language.  Promoting good English is our unique way of caring for the future of our fellow Filipinos.

Sudoku partners. The BUSINESSMIRROR and the Mathematics Trainers Guild (MTG)-Philippines, sustaining a partnership forged since 2007, recently signed a memorandum of agreement to organize the 3rd Philippine Sudoku Super Challenge. The MTG, a member of the World Puzzle Federation, has been honing math students and professionals preparing for international math and world sudoku competitions. In photo, BM publisher T. Anthony C. Cabangon (3rd from left) and MTG Philippines president Dr. Simon L. Chua seal the agreement with a handshake. With them are (from left, seated) BM editor in chief Lourdes Fernandez, MTG business manager Dr. Isidro Aguilar and BM’s VP for corporate aff airs Ricky Alegre; (standing, from left) MTG adviser Myrna Agtarap, MTG’s Dr. Archie Rodriguez, BM business development manager Joyette Perez and MTG treasurer Sanet Hipolito. RHOY COBILLA

ANC LIVE


  • Oil companies raise prices of diesel
  • Bizmen to ask government to allow regional chambers to take part in IRA allocation
  • RP sets temporary ban on poultry
  • ERC studying viability of introducing prepaid electricity
  • ERC decides to make use of Napocor time
  • Mandaue mayor says his city has regained confidence of traders
  • Atienza cites Singapore


  • BSP adopts ‘restrictive’ monetary policy
  • Citibank tests mobile-phone transactions
  • Paper tiger, dead duck or still alive and kicking?

  • Dengue incidence in CL 250
  • Court nixes plea to summon cellular
  • Police explosives experts defuse bomb while bomber tries to set if off
  • Motor vehicle smuggling
  • NBI seizes fake Lacoste goods in Greenhills
  • Migrant groups hit treatment of workers as commodities

  • Pisa wants to improve sea communications
  • Truckers move rate hike to Aug
  • China Airlines plans links with mainland carriers
  • Daewoo Ship receives record
  • Baltic Dry index drops as port traffic eases

  • G8 make or Break
  • Theyre Fil inventions
  • To improve crops RP farmers now use
  • 50 Men and Women of Science

  • All crossed up
  • Empowering women on the road
  • Eyes on the Road: How safe are those LPG tanks?
  • Full Tank: Strada and Volvo: Two different worlds
  • Autohub Group takes the offensive



  • Bullish SM group still in expansion mode
  • Exclusive PLDT subsciribers up 3M
  • EEI Meralco up
  • ALI ignores crisis
  • Seaoil
  • CA to RTC
  • Prime property

  • Editorial: Hard Times Ahead
  • The Entrepreneur: State of the nation
  • Coast-to-Coast: 'APC' and Life Passages
  • Through the Looking Glass: ERC: The proper court
  • Sony’s Idei can take Japan back to the future
  • US lags behind world opinion on death penalty

  • Reflections from the Mirror: Learn from the Experts

  • The Best Advice I Ever Got
  • Tapping hidden opportunities in China

  •  Jason Bateman enjoys the Hollywood climb
  • You all get down
  • Big hair makes a comeback
  • Male attraction
  • James Bond
  • Experience Artistry and then some

  • The protector over the protected
  • Nadal gets another shot at Federer
  • AGE doesnt matter
  • Dennis conquers Doha
  • How sweet it is to win
  • Bronze for Miranda in HK bowlfest
  • Team Philippines thankful of Hidilyn
  • The gym dogs