Archive for the ‘Government’ Category

Arroyo couple asked to appear before DOJ

Posted on April 30th, 2011 by Roy

The Department of Justice (DOJ) subpoenaed Ang Galing Pinoy Party List Rep. Juan Miguel “Mikey” Arroyo and his wife Angela ordering them to appear before the justice department to answer the charges for the P73.85-million tax evasion cased filed by the Bureau of Internal Revenue (BIR) April 7.
The former presidential son and his wife were [...]

DOH says dengue cases may reach 20,000

Posted on April 30th, 2011 by Roy

The Department of Health (DOH) reported that the number of dengue cases in the country is almost reaching the 20,000 mark. The report reflected in the National Epidemiology Center (NEC) shows that from January 1 to April 12, the figure reached 17,228 for individuals who have contacted dengue. Said figure is 0.33 percent than the [...]

Trans-Asia stock rights offer approved by PSE

Posted on April 29th, 2011 by Roy

The Trans-Asia Oil and Energy Development Corp.’s plan to raise fresh fund for power generation via stock rights offer was approved by the Philippine Stock Exchange (PSE).
The Phinma-led company got the nod from PSE when the latter posted a memorandum on Friday saying that its board has approved the listing of 1.16billion additional common shares [...]

Gutierrez quits Ombudsman post before impeachment trials begin

Posted on April 28th, 2011 by Roy

The resignation of Ombudsman Merceditas Gutierrez is now trending on the internet. Gutierrez was said to have submitted her letter of resignation to President Aquino, 10 days before the schedule of her Senate impeachment trial which was set to begin on May 9. Interior Secretary Jesse Robredo said Gutierrez personally handed her resignation letter to [...]

Philippine seeks investment-grade rating

Posted on April 28th, 2011 by Roy

The Philippine government believes that the country deserves a better credit rating, that is why it is wooing the three major credit rating agencies for an upgrade in its credit scores, amid the improving fiscal situation and external liquidity.
The three credit rating agencies – Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s (S&P), were [...]

Globe asks NTC to intervene in the PLDT-Digitel deal

Posted on April 27th, 2011 by Roy

Globe Telecom, in its letter to the National Telecommunication Commission (NTC), is asking the agency to take a look, and intervene, in the recent acquisition of the Philippine Long Distance Telephone Co. (PLDT) of a majority stake of Digital Telecommunications Phils. Inc. (Digitel). Globe warned that the PLDT-Digitel is threatening to free competition and gravely [...]

No wage increase announcement on Labor Day

Posted on April 27th, 2011 by Roy

The much anticipated announcement on Labor Day will not be heard this coming May 1. Secretary Rosalinda Baldoz of the Department of Labor and Employment (DOLE) clarified that there will be no announcement of wage increase on May, despite Malacañang’s pronouncement before that it is coming out with a Labor Day gift to help workers [...]

DTI’s trade mission to India produces $42 M investment pledges

Posted on April 21st, 2011 by Roy

The Department of Trade and Industry (DTI) reported that their recent trade and investment mission in India have generated new investment pledges worth $42 million. Trade Secretary Gregory Domingo said they were from three energy projects and a pharmaceutical packaging ventures.
The Philippine delegates, led by Domingo, attended the recent ASEAN-India Business Fair and Conclave held [...]

PNOC-EC eyes expansion of coal production

Posted on April 21st, 2011 by Roy

The Philippine National Oil Company-Exploration Corporation (PNOC-EC) earmarked P900 million for the expansion of its coal mining ventures in Zamboanga Sibugay in Western Mindanao. The state-run oil exploration company said that its board of directors has already approved the special budget “to fund the development of existing coal mine” that will enable it to double [...]

SSS reports payments of benefits for 2010 up by 7%

Posted on April 21st, 2011 by Roy

The Social Security System (SSS) reported that its benefit payments for 2010 has increased by 7% to P77.17 billion, with the bulk of the payment going to retirement claims and death benefits. SSS president and chief executive officer (CEO) Emilio de Quiros Jr. said in a statement that the state-run agency paid P38.23 million to [...]

Ayala invests in hydro-electric power

Posted on April 21st, 2011 by Roy

Another venture that the Ayala group is breaking into is the hydroelectric power generation partnership. The conglomerate, through its wholly owned subsidiary Michigan Power Inc. (MPI) has entered into a joint venture agreement with Sta. Clara Power Corp., an independent power producer specializing in run-of-the-river power plants. Ayala Corp managing director John Eric Francia confirms [...]

President wants oil firms to open books to public

Posted on April 20th, 2011 by Roy

President Benigno “Noynoy” Aquino III yesterday said he wants oil companies to open their books to public scrutiny to prove that they were not taking advantage of the public in their series of oil price increases.
“That was my position ever since I have been in public service, isn’t it? If reasonable, why can’t they show [...]

Government plans EO to freeze oil prices

Posted on April 20th, 2011 by Roy

In response to the steady rising of oil prices, the Aquino government is planning to resort to “extreme legal measure” by issuing an executive order that would ban further oil price increases. The same has been done during the Arroyo administration when Executive Order was in issued in 2009 to freeze oil prices.
Department of Justice [...]

Recue hotlines numbers issued by MMDA

Posted on April 20th, 2011 by Roy

For all Filipinos heading to the provinces this Holy Week, the Metropolitan Manila Development Authority has made available on its website the rescue hotline numbers of different cities and municipalities, as well as mobile numbers of its officials.

DOLE announced more than 100,000 jobs available on Labor Day job fair

Posted on April 19th, 2011 by Roy

The job opportunities available on the Labor Day job fair spearheaded by the Department of Labor and Employment (DOLE) have already reached more 100,000 as confirmed by Labor Secretary Rosalinda Baldoz. She said there are around 1,000 companies and recruitment agencies who would be offering both locals and foreign employment opportunities at the different Jobs [...]

Artists to hold free concerts for militaries

Posted on April 18th, 2011 by Roy

To cheer up the soldiers and help them get their mind off the corruption scandal involving former top military officials, a group of celebrity singers will perform in various military camps.
Led by the current president of the Organisasyon ng Pilipinong Mang-aawit (OPM) Olgie Alcasid, the group composed of Vice-president Noel Cabangon, Cookie Chua and Mitch [...]

Saudi grants Royal Clemency to Filipino drug mule

Posted on April 18th, 2011 by Roy

The Department of Foreign Affairs (DFA) announced on Monday that the overseas Filipino worker (OFW) who was sentenced to death in Saudi Arabia on November 2009 for involvement in smuggling shabu into the country was granted pardon and freed Sunday.
The DFA did not release his name, in deference to the request of his family for [...]

House Bill requires hospitals to post price list of medical services

Posted on April 17th, 2011 by Roy

The House of Representatives approved last week on third and final reading a bill requiring all hospitals and clinics to post price list of all their series, incidental expenses and medical supplies in a conspicuous place in their premises to ensure accessible, transparent, and reliable delivery of services.
House Bill 4308 author Pasig Representative Roman Romulo [...]

Nograles resigns as PDIC head

Posted on April 16th, 2011 by Roy

At the height of the controversy surrounding the closure of the Aguire-led Banco Filipino Savings & Mortgage Bank, Philippine Deposit Insurance Corp. (PDIC) president Jose Nograles has resigned from his post as head of the state-run deposit insurer.
Sources were quick to clarify that the decision of Nograles to quit was not in any way connected [...]

Eastern Communications receives ISO 9001:2008 certification

Posted on April 15th, 2011 by Roy

The country’s telecommunications pioneer that provides landline, data, Internet and broadband services Eastern Communications, announced that it has received the International Organization for Standardization ISO 9001:2008 certification for its quality management system.