Shell, Chevron to roll back oil prices Tuesday
At 12:01 a.m., Shell will roll back the prices of diesel by P0.75 per liter, gasoline and kerosene by P0.50 per liter to "reflect the decline in international product," said Vice President for Communications Roberto Kanapi and Chevron Communications Manager Toby Nebrida.
Chevron will also reduce the price of fuel oil by P0.75 per liter.
Meanwhile, Petron will implement the price adjustments at 6 a.m. Tuesday, said spokesperson Virginia Ruivivar.
Thailand-based PTT Philippines will also implement a rollback of 75 centavos per liter, but only on their diesel products.
Raul T. Concepcion, chairman of the Consumer and Oil Price Watch (COPW) said oil companies should roll back fuel prices by as much as P1.50 per liter this month especially for the diesel products which showed a continuous decline in world prices.
This will be the second time that oil firms will have implemented a price rollback since President Gloria Macapagal Arroyo lifted the price cap on fuel products last month.
Last December 15, oil companies carried out a P1 per liter rollback in their diesel and kerosene products and 50 centavos per liter for their gasoline products.
Oil above $73 in Asian trade
OPEC members agree to maintain production levels—exec
Gov't to sell bigger stake in PNOC-EC
Telcos earn senators' ire over billing scheme
"No way! You have to follow," an angry Senate President Juan Ponce-Enrile said during a joint public hearing of the Senate committees on trade and commerce, and public services,
"Kung hindi kayo susunod (If you continue to defy the government) and I'm still in Congress, I will see to it that you'll get excess profit tax," said Enrile, who is seeking a re-election next year.
A memorandum circular was issued by the NationalTelecommunications Commission (NTC) last July, mandating a per-pulse billing starting December 6.
But appearing at the hearing, Roy Ibay, Smart Communications' regulatory affairs senior manager, pointed out the absence of the implementing rules and regulations to implement the order.
Ibay also pointed out a provision in the circular where the choice whether or not to avail a per-minute or per pulse are left to subscribers.
At present, subscribers have to dial a prefix number--*232 for globe and *5433 for smart- to avail the per-pulse rate.
Ibay said it would take them another two months to come up with software to implement the new per-pulse rate without dialing the prefix numbers.
"The problem with your position, you want the government to follow what you want and not the other way around. You have to follow, you are not to be followed," said Enrile.
Senator Mar Roxas, chairman of the trade committee, also expressed disappointment at telecom companies' non-compliance to the order.
"Sa totoo lang, nakakainis. Binobola nyo na ang Senado (It's frustrating. You are already trying to fool the Senate)," said Roxas, when a Globe representative was asked about the total revenue of the company.
Sinulog aid still awaits COA nod
THREE weeks before the start of the Sinulog festivities, the Commission on Audit (COA) still has not allowed the Cebu City Government to extend the P12.5-million financial assistance to the organizers.
Sonny may forge alliance with Kusug
FORMER senator John Henry "Sonny" Osmeña has put on hold his decision to withdraw his candidacy for Cebu City mayor, saying he might still run and adopt" Kusug candidates if their standard bearer is not qualified to run for mayor.
Gwen denies Lito's charge on 'misuse' of Capitol funds
GOV. Gwendolyn Garcia believes she was just caught in the crossfire between former governor Emilio Mario "Lito" Osmeña and Vice Gov. Gregorio Sanchez that prompted Osmeña to say he would want to apply as Garcia's campaign manager.
Garcia said she has not heard from Osmeña, who had said in a radio interview that he wanted to take the side with the governor because while she has wronged the people, she did not commit any wrongdoing personally against Osmeña.
The "public sin" being referred to was the alleged misuse of public funds, an allegation that Garcia denied.
Aquino still leads in latest Pulse Asia survey
Senators Manuel Roxas and Loren Legarda are statistically tied in the survey of vice presidential preference at 39 percent and 37 percent, respectively, Pulse Asia said.
They were followed by Makati Mayor Jejomar Binay (14 percent), Bayani Fernando (2 percent), and Edu Manzano (2 percent).
Estrada, Revilla top senatoriables survey
This rating gives him a statistical ranking of first to third in the senatorial race, according to the polling outfit.
In the survey, respondents were made to choose 12 out of 80 names for their senatorial preferences. Results show that only 14 candidates included in the senatorial survey have a statistical chance of winning, said Pulse Asia in its media release on Monday.
Following Estrada is Sen. Ramon "Bong" Revilla Jr. (52.7 percent) and Sen. Miriam Defensor-Santiago (51.4 percent), both with a statistical ranking of first to fourth, said Pulse Asia.
Franklin Drilon (48.4 percent) is at second to fourth places, while tied at the fifth to ninth places are Sen. Pia Cayetano (43.1 percent), Ralph Recto (43.1 percent), Senate President Juan Ponce Enrile (42.7 percent) and former senators Sergio Osmeña and Vicente Sotto III (both at 40.2 percent).
Also, statistically tied at the 10th to 11th positions are Rep. Ferdinand "Bongbong" Marcos Jr. (31 percent) and Bukidnon Rep. Teofisto Guingona III (28.6 percent).
Rounding up the list of probable winners are Jose de Venecia III (24.3 percent), Sen. Manuel "Lito" Lapid (23.1 percent) and Muntinlupa Rep. Rozzano Rufino Biazon (22.9 percent), who are all tied at 12th to 14th places.
The non-commissioned survey was conducted from Dec. 8-10, 2009 using face-to-face interviews with 1,800 respondents nationwide. It has a margin of error of plus-minus 2 percent.
Lawyer wants Miriam barred from running in 2010 polls
Sisters willing to stake life on Aquino's integrity
Pulse Asia: Erap, Manny get boost in polls
Lumalakas sa Pulse Asia survey sina Senador Manny Villar at dating pangulong Joseph Estrada na halos parehas na ang ratings. Pero, malayo pa rin ang agwat ng nangungunang si Senador Benigno Aquino III! Sa mga kakandidato bilang bise presidente, nakadikit na sa nangungunang si Sen. Mar Roxas si Senadora Loren Legarda.
Palace appeals for verbal truce on Arroyo
Expanded poll duties for AFP, PNP hit
Army chief: Soldiers as security aides a bad idea
AFP, PNP to man checkpoints in election hotspots
Acting Maguindanao gov backs early ARMM polls
"This is to ensure the conduct of clean and orderly election in the province," acting Maguindanao Governor Bai Nariman Ambolodto said in her first ever news conference at the provincial capitol here Monday.
Speaking in her soft voice, Ambolodto said scheduling the polling in advance, specifically in election hotspots such as Maguindanao, could help prevent massive fraud and violence.
Cops searching for 5 more bodies in massacre
Supreme Court postpones Ampatuan trial
No hearing date yet on Ampatuan bail petition
Judge Reyes finally speaks on accepting Maguindanao massacre case
Magpa-Pasko at magdiriwang ng Bagong Taon sa NBI detention center si Datu Unsay mayor Andal Ampatuan Jr. Ito'y matapos sabihin ni Judge Jocelyn Solis-Reyes na sa Enero na didinggin ang kanyang petisyon para makapagpiyansa. Sa unang pagkakataon, nagsalita na rin ang hukom, kung bakit niya tinanggap ang kaso kaugnay ng Maguindanao massacre.
NBI insists no lapses in Ampatuan security
Lawyer wants DOJ chief cited in contempt for "violating" Andal Jr."s rights
PNP eyes transfer of 4 Ampatuans to Taguig
Blast hits Jolo school garbage dump
7 Filipinos in Lebanon shipwreck missing
The DFA said the shipwreck also killed one Filipino seafarer. The names of the missing and the casualty are being withheld until their next of kin have been informed.
At the same time, it identified the 13 Filipino seafarers who have been rescued as: Danilo Policarpio, Wilson Vicente, Lezer Gepulgani, Michel Olivia, Edgardo Pucan, Jonathan Rada, Rafael Tarroza, Erasmo Galanza, Leolen Babao, Rogelio Dequina, Joebert Benoman, Jowey Quinto, and Jason Magsino.
The DFA said twelve are safely housed in Tripoli while one is in Tartus, Syria.
Charge d'affaires ad interim Mohd. Noordin Pendosina Lomondot of the Philippine embassy in Beirut is coordinating closely with the Lebanese Ministry of Foreign Affairs and Emigrants and the Lebanese Ministry of the Interior, it said in a statement.
Labor attache Nathaniel Lacambra and welfare officers are in Tripoli to extend assistance to the affected Filipino seafarers, it added.
The ship was on its way from the Uruguay capital of Montevideo to the Syrian port of Tartus carrying thousands of sheep and cattle when it was hit by Thursday night's storm and altered course for Lebanon.
11-month deficit hits P272.5-B
Atlas infuses fresh capital into copper unit
Molina, Amit lead SEA Games reward haul
The Philippine Sports Commission will hand out the first tranche of cash incentives worth P3.8 million to the 38 golden performers during the agency's Christmas party Monday at the Ninoy Aquino Stadium.
PSC chair Harry Angping said each athlete would initially receive P100,000 in cold cash as part of the P300,000 bonus intended for gold-medal winners while the rest of the financial bonus package would be made available early next month.
Under the law, gold medalists in the SEAG are entitled to a monetary incentive of P100,000 while a silver and bronze would fetch P50,000 and P10,000 from the coffers of the national government.
Aside from these financial rewards, the PSC added P100,000 more to sweeten the pot while private sponsors, through Angping's efforts, have pledged another P100,000 for each gold medal.
``I know how to reward people who performed well,'' said Angping. ``These athletes deserved to be pampered to encourage them to win more gold medals for the country.''
Swimmer Miguel Molina stands to receive the biggest windfall of P750,000 for bagging two golds (200 and 400-meter individual medley) and a silver (200mfreestyle) while lady cue artist Rubilen Amit, who won the 9-ball and 8-ball pool singles titles, will fatten her bank account with P600,000.
Golfer Chihiro Ikeda will get P400,000, P300,000 for winning the women's individual golf and P100,000 for sharing the team gold.
``I congratulate them for proving me wrong on my projections,'' said Angping, referring to the country's fifth-place finish after reaping 38 golds, 35 silvers and 50 bronzes in the 11-nation meet.
Angping also announced that additional incentives would be given to each SEA Games record broken and for each Philippine mark set. High jumper Maristela Torres and hammer thrower Arnel Ferreira captured the gold in their events in record-breaking fashions.
The PSC has set aside P11.4 million for the 38 gold medals won, P1.75 million for the 35 silvers and P490,000 for the bronzes.
Lui Villaruz, Angel Aquino to tie the knot next year?
1981 Bb. Pilipinas-Universe to pose sexy for Playboy
Pacquiao holds family reunion in GenSan
Jinkee Pacquiao opens $2.3-M LA home to magazine
Krista Ranillo sits down with Korina Sanchez
Zsa Zsa Padilla says no to Dolphy's biopic
Israel finds remains of Jesus-era home in Nazareth
Peter Jackson talks on new film 'The Lovely Bones'
Taiwan mulls world's first junk food tax
China to set up kung fu school in Taiwan
Remaining villagers start fleeing Mayon danger zone
Mayon activity escalates; lava fountains rise above crater
Mayon's booming convinces more residents to leave
Phivolcs: Don't get lulled by fewer Mayon quakes
Dumalang ang pagyanig ng Bulkang Mayon ngayong maghapon kumpara nitong mga nagdaang araw. Pero ayon sa Phivolcs, hindi dapat maging kampante.
Stephen Leacock - "I detest life-insurance agents: they always argue that I shall some day die, which is not so."
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