Total reduces autoLPG pump price
Independent oil player Total Philippines reduced the pump price of its liquefied petroleum gas (LPG) for automobiles on Tuesday.
Oil prices sink to $44 on talk of cut
Oil prices fell Tuesday after OPEC powerhouse Saudi Arabia said oil production would be cut by 2 million barrels a per day to stem declining crude prices.
Daily brownouts expected in '09
Daily power outages are expected next year as the supply will not be able to meet the demand. The National Power Corporation (Napocor) and National Transmission Corporation (Transco) informed the public of the expected almost daily power outages especially during weekdays.
Another Legacy bank declares holiday
Another rural bank under the Legacy Group in Bacolod City declared a bank holiday last Monday amidst the efforts of the federation of rural banks to appease their depositors, who are already starting to panic after the closure of several rural banks.
PDIC won't honor Legacy scheme
THE Philippine Deposit Insurance Corp. (PDIC) said it will not honor the contract between the Legacy Group banks and the depositors in the "double your money in five years" scheme.
Senate approves PDIC bill
The Senate on Tuesday approved on second reading a bill raising to P500,000 the maximum deposit insurance coverage of the Philippine Deposit Insurance Corp. (PDIC) from P250,000, a move intended to shore up depositors’ confidence in the banking system.
Company accused of illegal dismissal
At least 80 employees of the Lear Automotive Services Netherlands have filed charges against their company before the National Labor Relations Commission for illegal dismissal and retrenchment.
Protest action shelved
The planned protest action by court employees over the supposed unfair treatment in the grant of cash gifts and Christmas incentives by the Supreme Court will not push through after they agreed to sit down in a dialogue with the Office of the Court Administrator today.
Vidal officiates Mass despite pains
The traditional Misa de Gallo was officiated by Cebu Archbishop Ricardo Cardinal Vidal despite health concerns. Today, the Cardinal will celebrate Dawn Mass at the Sto. Rosario Parish. He will be at St. Catherine of Alexandria in Carcar on the third day of the Misa de Gallo. On the fourth day, he will hold Mass at Sta. Teresa de Avila in Talisay City, then at St. Joseph the Patriarch in Cebu City. On the sixth day to the ninth day, Vidal will be at the National Shrine of St. Joseph in Mandaue City, St. Francis of Assisi in Naga City, Sto. Tomas de Villanueva and San Nicolas de Tolentino in Cebu City, respectively. The Cardinal, amid health problems, does not complain of his busy schedule. Vidal has mentioned he is already experiencing frequent back, shoulder and leg muscle pains. Yet he said he does not want to take medications.
Sto. Niño stalls demolished anew
The city government is once again set to demolish the makeshift stalls of the Sto. Niño image vendors along D. Jakosalem St. corner Osmeña Blvd. at 8 this morning.
Gungob withdraws case vs. Capitol
CONSOLACION Mayor Avelino Gungob Sr. yesterday confirmed withdrawing charges he earlier filed against officials of a government agency, a Capitol office and military and police authorities.
Bridge to be closed for road rehab
If the Department of Public Works and Highways has its way, it will close the old Mandaue-Mactan Bridge for repair of the road, now full of potholes on Dec. 27 and 28 this year.
Police official denies carnapped cars
The high-ranking policeman who was tagged by controversial businesswoman Alma Gonzales as among those responsible for her "embarrassment" has denied the accusations against him. Earlier, Gonzales alleged that Sr. Supt. Antonio Gardiola, chief of Highway Patrol Group, got angry at her and wanted to embarrass her because she did not give him the Chevrolet Captiva, an SUV pawned to her by a casino player in Manila. But Gardiola explained that the said vehicle was owned by a casino player who sought his help to recover it.
Boy burned in rescue try awarded
As a reward for his heroic act in trying to rescue his one-year-old sister from their burning house in barangay Basak-San Nicolas three weeks ago, the Cebu City Council is set to give P5,000 in financial assistance to eight-year-old Johnwell Polleros.
Congress OKs 6-month extension of CARP
Congressional leaders have agreed to extend the two-decade-old land reform law by six months, averting the lapse of a landmark legislation as Congress starts its month-long Christmas break tomorrow.
Bandits release principal, hold trader
Bandits in Sulu have released one of their captives - a school principal - following negotiations led by Muslim elders, police officials said. Another victim, businessman Peter Go, is still being held.
AFP asks for additional budget
The Armed Forces of the Philippines (AFP) asked for a supplemental budget next year to sustain operations against Moro rebels in Mindanao, which has been a drain on the military"s budget.
4-araw ceasefire sa NPA aprub na
Inanunsiyo kahapon ng Malacañang ang dekla ras yon nitong apat na araw na unilateral ceasefire sa New People's Army (NPA) ngayong Kapaskuhan. The Philippine National Police (PNP) is also looking at the possibility of proposing a suspension of offensive police operations.
Death toll in Cagayan sinking now 31
The death toll in the M/B Maejan sea tragedy off in Cagayan province rose to 31.
Sapatos, GMA di matutulad kay Bush
Naniniwala ang Malacanang na hindi mangyayari Pangulong Arroyo ang nang yari kay US President George W. Bush kung saan ay bina to ito ng sapatos ng isang mama mahayag ng Iraq.
Shoe-thrower handed to Iraqi judiciary
The journalist who threw his shoes at President George W. Bush was handed over to the Iraqi judiciary, a move that ordinarily signals the start of criminal proceedings.
Danding to field Loren, Chiz in 2010
Business tycoon and former ambassador Eduardo "Danding" Cojuangco revealed that the party he founded in 1992, the Nationalist Peoples" Coalition (NPC), will field either Senator Loren Legarda or her colleague Sen Francis Escudero as the party's standard bearer in 2010 presidential elections.
Peso rises to one-month high
The peso hit a fresh one-month peak against the dollar on the eve of a US Federal Reserve rate-setting meeting, where rates are expected to be slashed to an all-time low. It gained twenty-two-and-a-half centavos to close at P47.40 per dollar, its highest finish since Oct. 14.
Budget reenactment seen
Senate Majority Leader Juan Miguel Zubiri predicted the reenactment of the 2008 budget in January 2009 due to glaring disparities between the budget bills of the two chambers of Congress.
Rules on telco interconnection in Jan.
The National Telecommunications Commission (NTC) will issue next month the implementing rules and regulations of a year-old circular designed to curb anti-competition practices and promote transparency among telecommunication companies.
SC upholds liquor ad prohibition
The Supreme Court threw out the appeal of a liquor company questioning the authority of the Advertising Board to ban an outdoor ad that critics said abets child sex abuse. The Napoleon Brandy ad sparked an uproar in 2004 for its tagline "Nakatikim ka na ba ng kinse anyos?
Smuggled sugar misdeclared as rice
The Sugar Regulatory Administration has sought the cancellation of the licenses issued by NFA to shippers who allegedly hid imported sugar in shipments declared as imported rice.
Holiday orders down for RP exporters
Manufacturers of locally made Christmas gift items have felt the chill of the global economic downturn with export orders for jewelry, garments, home decor and parts of consumer electronics falling despite the holiday season, industry leaders said.
Most Filipinos enter 2009 with hope
With the holiday season drawing near, about half of Filipinos (52 percent) expect this Christmas to be no different from last year, according to a survey by Pulse Asia, Inc.
78% of Pinoys hopeful about 2009
Despite the hardships they faced this year, nearly four out of five Filipinos are hopeful about the coming year, according to a survey by pollster Pulse Asia.
21 Pinoys in Kuwait await repatriation
After two months of working for their "abusive" employer, 21 Filipino security guards now just want to go home to their families in the Philippines just in time for Christmas.
Taiwan firms fire more than 2,000 OFWs as recession hits
More than 2,000 Filipino workers have lost their jobs in Taiwan due to the global financial crisis and the number could triple by the end of the first quarter next year.
Taiwan still open to foreign workers
Taiwan, which is in the midst of an economic recession, will continue to accept foreign workers next year although in smaller numbers as it rolls out major infrastructure projects to boost the economy.
Obama says ammunition running low
President-elect Barack Obama says the Federal Reserve is "running out of the traditional ammunition" to deal with a recession.
Mumbai's hotels reopen this weekend
The two five-star Mumbai hotels that were attacked and held under siege last month will partially reopen for business this weekend.
The big melt: 2 trillion tons of ice since 2003
More than 2 trillion tons of land ice in Greenland, Antarctica and Alaska have melted since 2003, according to new NASA satellite data that show the latest signs of global warming.
Tañamor's parents ecstatic over son's win
Parents of boxing champ Harry Tanamor say they received the best Christmas gift ever after their son bagged the gold in the recent World Cup in Moscow, Russia.
Pacquiao, Ali world's greatest
Former WBC lightweight champion David Diaz arrived yesterday from the US to celebrate Manny Pacquiao's 30th birthday in General Santos City today and declared the Filipino icon as close to matching Muhammad Ali's stature as the world's greatest fighter of all time.
Arum, Roach join Pacman bday party
Top Rank promoter Bob Arum is attending Manny Pacquiao's birthday celebration on Wednesday. Yet for the veteran boxing official, business is coming in with pleasure.
Security tight for Pacquiao's party
Authorities have beefed up security in this city for Tuesday's Las Vegas-style birthday bash of boxing icon Emmanuel "Pacman" D. Pacquiao.
Arroyo to visit Sarangani Wednesday
President Arroyo is set to visit Sarangani province in southern Philippines Wednesday to lead the inauguration of a seaport in Glan town. This will be her second visit in the province this month.
Pacquiao for Congressman tuloy na
Bagamat nagulat sa kanyang nabalitaan, wala nang magagawa pa si Filipino boxing promoter/manager Rex "Wakee' Salud kundi ang supor tahan ang desisyon ni Filipino boxing superstar Manny Pacquiao na pa sukin muli ang pulitika.
Didith Reyes cremated
Muling umagos ang luha sa mga mata ng mga kaibigan at kamag-anak ng namayapang dating singer na si Didith Reyes nang i-cremate nitong Martes ang kanyang mga labi.
UP fratmen run naked vs Cha-cha
Members of the Alpha Phi Omega (APO) fraternity staged their yearly "Oblation Run" at the University of the Philippines' Diliman campus in Quezon City yesterday, this time to express their opposition to Charter change and call on the public to protect the environment.
Rita Rudner - "I was a vegetarian until I started leaning toward the sunlight."
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