The latest news stories from the major news organizations in Cebu and Manila in the Philippines, the US and other countries.

Thursday, December 11, 2008

December 12, 2008 Major Newscast

P1/liter rollback for Big 3

The so-called "Big 3" oil players -- Petron Corp., Pilipinas Shell, and Chevron (formerly Caltex) -- will roll back oil prices by P1 per liter effective 12:01 a.m. Friday, their officials announced Thursday.

Senate mulls return to 10% VAT

Senators are considering temporarily reducing the current 12 percent value-added-tax (VAT) to 10 percent to address the impact of the global financial crisis.

Oil at $49 a barrel as dollar falls

Peso gains on back of remittances

PDIC takes over 3 banks as 4 more declare holiday

The Philippines" banking regulator has placed three more rural banks under the receivership of the Philippine Deposit Insurance Corp. (PDIC) while four banks have declared a bank holiday.  The Bangko Sentral ng Pilipinas (BSP) has ordered the PDIC to take over the Rural Bank of Bais in Negros Oriental, Pilipino Rural Bank in Cebu, and Rural Bank of San Jose in Batangas.  
Meanwhile, the Philippine Countryside Bank in Cebu, the Dynamic Bank in Batangas, San Pablo City Development Bank and the Nation Bank in Bacolod have declared a bank holiday. 

Legacy Group cites 3 reasons

Rama to set up info center for depositors of rural banks

PCG: Sulpicio yet to name firm for last stage of "Princess" salvage ops

The Philippine Coast Guard on Thursday lamented delays in the start of the last stage of salvage work on the capsized MV Princess of the Stars, as the prospects of the completion within this year of the salvage work grew dimmer.

Laing Warrant vs. Joavan

Hog ebola harmless to humans

An Agriculture official on Thursday assured the public that local pork is safe to eat, despite the presence of the Ebola reston virus strain in four hog farms in Luzon.

Top 10 X-ray technologists

2. Tito Macalisang Brabat, Polytechnic College of Davao Del Sur--87.00%

3. Jay Mark Erasmo Robante, Polytechnic College of Davao Del Sur--86.50%

4. Aldwin Ler Malalis Olarte, Medina College-Ozamiz City--84.75%
John Ahladine Tiban Orias, Dr. Domingo B. Tamondong Mem. Sch., Inc.--84.75%

5. Norman Solis Lauvenia, Dr. Domingo B. Tamondong Mem. Sch., Inc.--83.00%

6. Belinda Shahani Diaz Puquiz, Virgen Milagrosa University Foundation--82.75%

7. Jushelmie Polancos Quirit, Polytechnic College of Davao Del Sur--82.50%

8. Corazon Mamaril Agustin, Virgen Milagrosa University Foundation--81.75%

9. Ian Maquiling Soberano, Iloilo Doctors' College--81.00%

10. Jose Howell Gonzales Sablan, The Family Clinic, Inc.--80.75%

See complete list successful X-ray Technologist board passers

Arroyo spent P36B illegally in 2007

Critics preparing next year's impeachment complaint against Pres. Arroyo may want to consider this: the administration spent over P36 billion in 2007, well above the sum approved by Congress for that year. This amount excludes funds they were not able to release in agency budgets including those transferred to over-all savings.  This is the finding in a budget study conducted by the International Center for Innovation, Transformation, and Excellence in Government (INCITEGov), a group of former senior Arroyo government officials who are critical of the administration. Former Arroyo budget Secretary Emilia Boncodin led the study.

DOJ panel handles case vs Bolante

The Justice Department (DOJ) on Thursday formed a three-member panel to look into the "false testimony" charges filed by the Senate against former Agriculture undersecretary "Joc-Joc" Bolante.

Gordon, Cayetano 'away' kay Jocjoc

All 23 senators reject Con-Ass

All 23 senators have signed a resolution rejecting moves by administration allies in the House of Representatives to unilaterally convene a Constituent Assembly (Con-Ass) to tackle proposed amendments to the Constitution.

Only SC can nullify our reso

Proponents of Charter change in the House of Representatives on Thursday said it is the Supreme Court which should decide on the the constitutionality of the conditions in a constituent assembly.

Estrada to join Charter change protest

Former president Joseph Estrada has assured anti-Charter Change advocates that he would be joining them in their rally in Makati City on Friday, noting that he must be there to represent the masses and to ensure the people would not be "deprived of having a duly elected President."

Malacañang sealed off

On the eve of what is billed to be a massive inter-faith rally against Charter change on Friday, presidential guards and police sealed off Malacañang from possible rallies and protests.

Palace: 'Let's talk on Charter change'

A day before a rally against Charter change in Makati City, which organizers predict will be huge, Malacañang urged groups opposed to amending the Constitution to consider a dialogue on the matter instead of taking to the streets but said it would respect people's right to protest.

Negros Occidental floods kill girl

A 13-year-old girl drowned while 3,369 families were affected by flashfloods that hit Manapla town and Victorias City in Negros Occidental province Wednesday.

Bomb goes off in Shariff Kabunsuan

An improvised explosive device exploded on a roadside in Crossing Awang in Datu Odin Sinsuat, Shariff Kabunsuan on the eve of President Gloria Macapagal-Arroyo's visit to the province.

Teodoro:  MILF coddling Basilan ASG

No MILF-Abu Sayyaf link in Basilan

Alleged Marcos general"s daughter, husband get 90 months in US jail

CHICAGO, Illinois - Using high-tech PowerPoint presentation, Rebecca "Ishihama" M. Solomon, the alleged daughter of a Marcos general, and her husband, Terry R. Solomon, were able to get the governor of Jeelin province in China to pitch for their telecommunications hardware in China.

Dumlao may appeal extradition ruling

Detained former Philippine police officer Glenn Galapon Dumlao is still weighing his options on whether or not to appeal the court order for his extradition to the Philippines.

Saudi needs thousands of Pinoys

A Saudi Arabian company will need thousands of workers, preferably Filipinos, for big projects lined up for 2010.

Irish unions reveal abuse of Filipinos

Irish trade unions have revealed that Filipino fishermen are being being abused in Northern Ireland, describing the treatment they receive as appalling and unacceptable.  Filipino workers complained of being assaulted, not being able to eat on time, working overtime without compensation and rest, and even witnessing coworkers being strangled.  The 11 crew members were apparently hired by the Super Manning Agency, Inc. in the Philippines.

40M join ranks of hungry in 2008--FAO

Another 40 million people have been pushed into hunger in 2008, bringing the total number of undernourished people in the world to 963 million, according to preliminary estimates of the UN Food and Agriculture Organization.

Mugabe says cholera crisis over

Obama wants Illinois governor to quit

President-elect Barack Obama wants Illinois Governor Rod Blagojevich to resign after his arrest in a corruption probe, a spokesman said Wednesday.

Tañamor enters semis in World Cup

Light flyweight Harry Tanamor capitalized on the break he got in the draw of the International Amateur Boxing Association (AIBA) World Cup in Moscow and scored a comfortable 8:4 win over Tajikistan's unheralded Murudjon Rasulov in a quarter final clash Wednesday.

Pacquiao-Hoya drew 1.25M purchases

Manny Pacquiao's eighth-round stoppage of Oscar de la Hoya drew 1.25 million US pay-per-view purchases, telecaster HBO Sports announced, making the bout the year's top fight attraction.

Dream Match earns $70M: Manny breaks into pay-per-view elite

Pacquiao feted in Metro Manila

Boxing icon Manny Pacquiao gave his throngs of fans in Metro Manila a treat Thursday when he held his victory parade in at least four cities.

Roach: Pacman-Hatton better deal

Pacquiao's next foe must be ready, says Mayweather's pa

He may sound conceited but despite his expected bias, outspoken American trainer Floyd Mayweather Sr. concedes Manny Pacquiao is now his own man in the sport of boxing.

Hatton will dismantle Pacquiao - Mayweather Sr.

Heart attack did Didith Reyes

Heart attack, not vehicular accident, might have caused the death of 70s Jukebox Queen Didith Reyes, the medico legal officer of the Philippine National Police (PNP) said Thursday.

Pacman's bday bash 'for adults only'

Manny Pacquiao's 30th birthday celebration here on December 17 will be strictly for adults only.  The Pacquiao family has prepared at least six roasted cows and 25 roasted pigs.

'Ploning' director wins Asian Festival

Ploning the independent movie starring Judy Ann Santos, continues to reap accolades after its director, Dante Nico Garcia, won an award in the annual Asian Festival of 1st Films Wednesday.

DOT conned by 'pageant organizer'

Hollywood actors to mail strike ballots

Hollywood's biggest actors union would issue strike ballots to members next month, edging the US entertainment industry closer to a potentially devastating industry dispute.

'Button,' 'Frost/Nixon,' 'Doubt' get 5 nominations

Prince Harry to train as helicopter pilot

Chevy Chase  - "Parrots make great pets. They have more personality than goldfish."

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