Archive for the ‘NEWS’ Category

July inflation climbs to 17-year high at 12.2%

Filed under NEWS by Pangasinan Today on 05-08-2008

Philippine consumer prices climbed to a near 17-year high of 12.2 percent in July from a year earlier, above the central bank’s forecast range of 11.2 to 12 percent, the statistics office said on Tuesday.

Inflation in June was at 11.4 percent from a year earlier. A Reuters poll last week had forecast the July number would come in at 11.8 percent.

The July headline inflation rate was the highest since December 1991.

Core inflation, which strips out some volatile food and energy items, reached an annual 6.3 percent in July compared to 6.6 percent in June, the National Statistics Office said.

Lopez: We don’t bribe people to win cases

Filed under NEWS by Pangasinan Today on 02-08-2008

Manila Electric Co. (Meralco) Chairman Manuel ‘Manolo’ Lopez denied Friday any involvement in an alleged P10 million bribery attempt of a Court of Appeals (CA) justice in the battle for control of the country’s largest power distribution firm. Read the rest of this entry »

‘Nograles brod, pals got P114.6-M cut from swine scam’

Filed under NEWS by Pangasinan Today on 01-08-2008

A total of P114.6 million in loan proceeds allegedly went to various individuals and groups, including the brother of Speaker Prospero Nograles, in the form of miscellaneous fees in what is now known as the “swine scam.” Read the rest of this entry »

Canned food price hikes, dwindling fish supply add to woes

Filed under NEWS by Pangasinan Today on 01-08-2008

First it was the rice supply. Soon, consumers will have to contend with the rising price of canned goods and the dwindling supply of fresh fish. Read the rest of this entry »

Defensor resigns from Naia3 job, leaves key issues unresolved

Filed under NEWS by Pangasinan Today on 01-08-2008

As the first international flight prepares to take off from Terminal 3 of the Manila airport on August 1, the presidential appointee tasked to make sure the long mothballed terminal opens this year has resigned. Read the rest of this entry »

CA justice denies P50M bribe claim

Filed under NEWS by Pangasinan Today on 01-08-2008

The embattled appellate justice who handled the case of Manila Electric Co (Meralco) was not bribed P10 million by a shareholder’s emissary, but was actually the one who named his price—P50 million. Read the rest of this entry »

GSIS, LTO: TRO won’t stop new CTPL system on Aug 1

Filed under NEWS by Pangasinan Today on 27-07-2008

The head of the Land Transportation Office (LTO) and a Government Service Insurance System official on Saturday both said that the handling of the Compulsory Third Party Liability (CTPL) insurance system by the GSIS is still set to push through despite the issuance of a temporary restraining order (TRO) by a Mandaluyong court Friday. Read the rest of this entry »

Pimentel backs Yano’s call for ceasefire with NPA rebels

Filed under NEWS by Pangasinan Today on 27-07-2008

Senate Minority Leader Aquilino Pimentel Jr. backs Armed Forces chief Gen. Alexander Yano’s call for a ceasefire with the New People’s Army. Read the rest of this entry »

Govt execs give glimpse of SONA, cites cash subsidy program

Filed under NEWS by Pangasinan Today on 27-07-2008

Cabinet officials on Saturday gave a glimpse of President Arroyo’s 8th State of the Nation Address highlighting on the need to widen the scope of the Department of Social Welfare and Development’s (DSWD) conditional cash transfer (CCT) program. Read the rest of this entry »

Zambo del Sur congressman loses hi-tech gadgets to thieves

Filed under NEWS by Pangasinan Today on 25-07-2008

Congressman Victor Yu from Zamboanga del Sur province lost at least P300,000 worth of electronic gadgets to thieves who broke into his Quezon City home, a national radio reported late Wednesday night. Read the rest of this entry »