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FORMER New
York mayor Rudy Giuliani reacts while addressing a forum
on “Leadership in Times of Crisis” in Makati City. The
man whose composure and “in-charge” demeanor in the
crucial moments after 9/11 boosted his image, more than
anything else, gave Filipinos this advice: “One way to
cope with crisis is never to forget one’s sense of
humor.”
--NONIE REYES |
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TOP STORIES |
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Charges eyed in used-car fiasco |
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RANKING
officials of at least five government agencies could be held
liable for violation of the antigraft law for allowing the
illegal sale of used luxury vehicles at the Cagayan Economic
Zone despite a Malacaņang order upheld by the Supreme Court
(SC) banning importation of secondhand cars. |
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9/11’s brave face counsels ‘use
of humor’ in crisis |
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HUMOR me.
Republican supporter Rudy Giuliani flew thousands of miles
to tell leaders of one of the world’s happiest people to
have a sense of humor, especially in times of crisis. |
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Palace sees 2009 budget rising
to P1.4T |
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MALACAŅANG
is eyeing a P1.4-trillion budget for 2009, or 15 percent
more than this year’s P1.227-trillion budget, according to
newly designated Cabinet Secretary Silvestre Bello III on
Tuesday. |
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‘Secretary Recto’ goes to work
on fiscal agenda |
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DESPITE
warnings by local economists that 2009 will be a more
difficult year for the government and that a balanced budget
is not necessary, the government is still aiming to have a
deficit of less than 1 percent of gross domestic product
(GDP) and a zero-deficit level by 2010. |
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GSIS raises Meralco stake to
27% by buying 48.34-M shares in June |
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WINSTON
Garcia, president and general manager of the Government
Service Insurance System (GSIS), tried to oust the Lopezes
from control of the 10-man board of the Manila Electric Co.
(Meralco) during the company’s annual stockholders’ meeting
on May 27, 2008.
Not only did
Garcia, who owns one Meralco share, fail in his bid to take
over the management of the Philippines’ largest power
distributor using GSIS’s 245.819 million shares, equivalent
to 22.275 percent of outstanding shares; worse, his
frustrated attempt to control the board dragged down
Meralco’s share price on the Philippine Stock Exchange. |
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Don’t spend gas royalties,
Executive told |
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SENATORS
warned on Tuesday that Malacaņang needs to get congressional
authorization before it could legally disburse Malampaya gas
royalties to augment a P7-billion microfinance program
announced on Monday by Agriculture Secretary Arthur Yap. |
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Total and individual
compensations for employees in industry up in 1st quarter |
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THE slower
increase in industry gross revenues and decline in total
employment failed to put a dent on the total compensation
and individual compensation received by employees in the
first quarter of 2008, according to the National Statistical
Coordination Board (NSCB). |
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‘Governance, more than global
crisis’ |
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LEADERS of
civil-society groups on Tuesday chided President Arroyo for
blaming the global crisis for the severe hunger being
experienced by millions of Filipinos, saying poverty in the
Philippines is, in fact, caused by poor governance. |
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VAT doesn’t go to social
services: poll |
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MAJORITY of
National Capital Region (NCR) residents do not believe the
value-added tax (VAT) collected by the government from
establishments goes to social services, according to a new
survey by local think tank Ibon Foundation Inc. |
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Traders dilute fertilizer
coupon with price hike |
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FARMERS,
particularly those cultivating corn, have lamented that the
fertilizer discount coupons distributed by the Department of
Agriculture (DA) had not provided them intended relief from
high prices due to the practice of some unscrupulous
traders. |
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RP human trafficking cases
rising |
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THE number
of cases of human trafficking—the recruitment and
transportation of people for the purpose of slavery and
servitude—in the Philippines has been increasing, a leader
of a nongovernment organization (NGO) said. |
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A
decade in the market.
Officials of the
Philippine Stock Exchange, led by its president Francis
Lim (second from left, feted Euro-Med Laboratories
Philippines Inc. on Tuesday on its the 10th listing
anniversary, expressing hope that other potential IPO fi
rms will take their cue from Euro-Med to polish their
own plans to go public. From left, Johnny Yap, treasurer
and director of Euro-Med; Lim; Dr. Tomas Maramba Jr.,
Euro-Med board chairman; and Georgiana Evidente,
Euro-Med president and director.
--NONIE REYES |
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