Manila Bulletin back issues from August 2008:
Petron's profit falls 14% to P2.32 B in first half.(Business News)
Aug 01, 2008 ... In a press conference, Petron controller Ma. Concepcion F. de Claro has noted the company's squeezed margins due to the unprecedented rise in crude costs and higher financing costs. The second quarter income was at P1.6 billion, 5.0 percent lower than what was logged in the same ...
MPIC to run Cardinal Santos Medical Center.(Business News)
Aug 01, 2008 ... CSMC is a 212-bed tertiary hospital situated in a three-hectare property along Wilson Street, San Juan City. The hospital land and most of the buildings are owned by the RCAM. In August 1988, the RCAM, then represented by the late Jaime Cardinal Sin, entered into a Joint ...
RP economy likely grew 5.7% in Q2.(Business News)
Aug 01, 2008 ... Consumption, which makes up about 70 percent of the economy, defied rising inflation with support from continued strong flows of remittances from Filipinos working overseas, Augusto Santos, Deputy Director General of the National Economic and Development Authority said. "It's ...
Rockwell Land hikes capital to P9 B.(Business News)
Aug 01, 2008 ... Based on documents obtained from the SEC, Rockwell Land will increase its authorized capital stock from P6 billion to P9 billion by creating an additional 2.89 billion common shares with a par value of P1 each and some 11 billion preferred shares with a par value of P0.01 apiece. ...
Number of OFWs up 15.3% at 1.75 M.(Business News)
Aug 01, 2008 ... The National Statistics Office (NSO) said that out of the total OFWs during the period April to September 2007, 92.4 percent (1.61 million) were Overseas Contact Workers (OCWs) or those with existing work-contact abroad. The number of OCWs in April to September 2007 went up by ...
P/$ rate closes at P44.15/$ 1.(News In Brief)
Aug 01, 2008 ... Favila designated to MB Malacanang Palace has reportedly designated Trade and Industry Secretary Peter B. Favila as the government Cabinet nominee in the seven-man Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), replacing Romulo Neri, who ...
Transoil acquiring 2 double-hull oil tankers.(Business News)
Aug 01, 2008 ... The company has registered the two projects separately with the Board of Investments. Both projects have been approved by the BoI with incentives. Under the 2007 Investment Priorities Plan, domestic shipping projects with a minimum cost of $3 million may qualify for granted tax and fiscal ...
SEC gives green light to ALI's P4-B bond issue.(Business News)
Aug 01, 2008 ... The bonds shall be issued on a fully-paid basis at an issue price that is at par, ALI stated in a prospectus submitted to the SEC. Proceeds, according to the property giant, will be used for general corporate purposes.ALI has programmed P24.3 billion in capital expenditures ...
RobinsonsBank's 'Blue Fund' tops UITF peso funds in ROI.(Business News)
Aug 01, 2008 ... The Trust Officers Association of the Philippines' (TOAP) recent figures show that the Blue Fund achieved a net Return of Investment (ROI) of 4.68%. The Bank said that the Blue Fund's consistent high rank among UITFs belonging to the medium-term bond funds could be attributed to ...
Susan Roces reigns supreme.(Celebrity World)
Aug 01, 2008 ... "Iisa Pa Lamang" also has another ace up its sleeve in the person of the Queen of Philippine Movies herself, Susan Roces, who essays the role of a poor, simple grandmother to Claudine, "na inaapi ni Cherry Pie Picache." Susan (fondly called Tita Swanee) is Aura the strict and ...
Aljur is sex symbol in the making.(Entertainment)
Aug 01, 2008 ... The young actor is willing to go sexy for as long as the role requires him to show some skin. Aljur is religiously working out at Gold's Gym to improve his bod. "Kakaibang Aljur ang makikita po ng mga fans ko dito sa 'Loving You' kasi binata na. Isang image ito na ...
House committee OKs ARMM bill.(Main News)
Aug 01, 2008 ... Voting 17-3 with two abstentions, the committee endorsed for plenary debates House Bills No. 4832 and 4835, both proposing the resetting of the ARMM polls. The two bills, authored by several lawmakers from the ARMM, have been certified urgent by President Arroyo, to help move forward the ...
Local oil firms cut gasoline prices by P1.50 per liter.(Main News)
Aug 01, 2008 ... In the past two weeks, global crude prices have significantly decreased by roughly $25 per barrel from the peak of $ 147 per barrel recorded in early July to the current $ 122 to $ 123 per barrel. The new round of price cuts was initiated by independent firm Unioil Petroleum ...
Counter-SoNA delivered by House minority solons.(Main News)
Aug 01, 2008 ... Delivering the opposition's traditional "contra-SoNA", Deputy Minority Leader Satur Ocampo accused Arroyo of washing her hands off the sad state of the nation by tossing the blame for the current economic crisis to international factors and the weakening US economy. Minority ...
Heavy downpour, floods hit Metro Manila cities.(Main News)
Aug 01, 2008 ... Knee-high floods along stretches of Taft Avenue in Manila and Pasay and flood-prone areas surrounding Buendia in Makati caused traffic to back up for kilometers, forcing many students and workers to walk home. Severely hit by flashfloods were known low-lying areas in Sampaloc, ...
Padaca leads 8 winners of 2008 Magsaysay Award.(Main News)
Aug 01, 2008 ... The awardees are led by Isabela Governor Grace Padaca for Government Service. She is being recognized for empowering voters in her province to reclaim their democratic right to elect leaders of their own choosing, and to contribute as full partners in their own development. The ...
439 out of 909 pass physical & occupational therapist examinations.(Main News)
Aug 01, 2008 ... The successful physical therapists who garnered the 10 highest places are: Bernadette Monteiro Cid, University of the Philippines-Manila, 85.40 percent; Kriszel Urquiza Gatdula, University of Santo Tomas, 85.40; Maria Socorro Cruz Britanico, Pamantasan ng Lungsod ng Maynila, ...
Lower EVAT to 8%, says Senate Majority Leader Pangilinan.(Main News)
Aug 01, 2008 ... "I am not in favor of scrapping it, because the EVAT is a bitter pill that we have to swallow to aid our fiscal situation. However, collecting 12% in these trying times is, as we can all feel, too painful for the Filipino. We must consider lowering the percentage to 8% instead of 12%," he ...
Nograles wants text rate lowered to P0.25.(Metro and National News)
Aug 01, 2008 ... Nograles said while he was thankful to the telecommunications companies (telcos) for reducing SMS cost to 50 centavos, he would have been happier if they lowered it to 25 centavos per text message and also cut their voice call charges. "But I still look forward to more reduction ...
Senate, House asked to OK amnesty for Reds.(Metro and National News)
Aug 01, 2008 ... Despite the sustained military offensives against the communist insurgents, Mrs. Arroyo said the government is ready to respond in kind to rebels who surrender to authorities and drop the insurgency that has been blamed for many human rights abuses and poverty in the countryside. ...
CA refers Meralco-GSIS case to SC.(Metro and National News)
Aug 01, 2008 ... In a press statement issued by Clerk of Court Teresita Marigomen after a five-hour special full court session of the justices of the appellate court, the CA said that the challenge on the validity of the decision rendered on the case by its 8th division "is left to the parties to take ...
Nation marks death anniversary of Quezon.(Metro and National News)
Aug 01, 2008 ... Quezon, who was born in Baler, Quezon 130 years ago, died of tuberculosis on Aug. 1, 1944 in Saranac Lake, New York, United States. Centers of today's commemorative activities are the Quezon City Memorial Shrine within the Quezon City Memorial Circle and the Quezon Provincial ...
Number of poor Filipino families up in SWS survey.(Metro and National News)
Aug 01, 2008 ... It said that it is a 13-point increase from the all time-low in 20 years of 8.1 million Filipino families (46 percent) last December. The nationwide survey on self-rated poverty conducted from June 27-30 among 1,200 respondents showed that 59 percent of Filipino families ...
Around The Nation.(Metro and National News)
Aug 01, 2008 ... Nat'l Breastfeeding Week starts today The nation observes National Breastfeeding Week starting today, Friday, Aug. 1, to Aug. 7 as mandated by Proclamation No. 1113 to highlight the importance of breastfeeding in reducing the risk of malnutrition, infection, and death among ...
104th anniversary of the Bureau of Internal Revenue.(Opinion and Editorial)
Aug 01, 2008 ... Established on August 1, 1904, under Reorganization Act No. 1189, the Bureau of Internal Revenue (BIR) has seen numerous changes in its structure but has remained chiefly in charge of mobilizing the resources required by government. Under the Macapagal Arroyo administration, the BIR has ...
Self-sacrifice equals unity.(Voice from the South)
Aug 01, 2008 ... What are the causes of our disunity? Is it perhaps our upbringing? Maybe. We still tend towards "kanya kanya; ija ija'' (to each his own). We tend to see only the smaller view of personal advantage not the larger picture of the common good. It is also aggravated by the tendency towards ...
The SoNA in hindsight.(Chaff from the Grain)
Aug 01, 2008 ... It follows, with this style preference, the speeches will invariably lack the flamboyance, or shock effect, warmth, retentiveness, and moral-suasiveness that these speeches are expected to convey and accomplish. Having said that, it is thus more instructive and illuminating to ...
A Bangsamoro juridical entity.(Merry-Go-Round)
Aug 01, 2008 ... MILF delegates at the talks walked out because government negotiators backtracked on the issue of an enlarged ancestral domain for 3 million Muslims in Mindanao. *** The talks were revived when the negotiators agreed to hold a referendum within l2 months on whether ...
True love waits.(Opinion and Editorial)
Aug 01, 2008 ... The article described the predicament of an 18-yearold named Teresa who has been going out for a year with her first boy friend, Felix. She loves him very much and is afraid of losing him. Because of the wide practice of pre-marital sex, it is not surprising that Felix is increasingly ...
Analysis.(Opinion and Editorial)
Aug 01, 2008 ... The return of Iraq and Afghanistan to the forefront of the presidential campaign illustrates how both sides increasingly seem to view the race as largely a referendum on Obama, a first-term Illinois senator trying to become the first black president. "I will end this war as ...
National Day of Switzerland.(Opinion and Editorial)
Aug 01, 2008 ... Switzerland is also renowned for its stable banking system that is manned by professionals committed to maintaining the secrecy of its deposits. The successful maintenance of this tradition evokes trust and confidence, making the country an important depository of many nations. The Swiss ...
Analysis.(Opinion and Editorial)
Aug 01, 2008 ... But the sheer scale of the attacks in Bangalore and Ahmedabad shows that significant numbers of local Muslims have been recruited into militant groups, and marks the "Indianisation of the jihad," security and intelligence experts said. At least 46 people were killed in a ...
A questioned decision.(Opinion and Editorial)
Aug 01, 2008 ... The judiciary community is still talking about the decision issued by the Eighth Division of the Court of Appeals on a case that was raffled to and heard by its Special Ninth Division. Last July 23, CA's Eighth Division chaired by Associate Justice Bienvenido Reyes, and with ...
Optimism: 'Kaya Natin' movement.(Opinion and Editorial)
Aug 01, 2008 ... Time to promote greater optimism than pessimism! * * * The soaring prices of oil and food products have made 75 percent of Filipinos feel that their lives are worse off now than last year. Pain unbearable, pessimism understandable. * * * ...
The rejection at Nazareth.(Reflections Today)
Aug 01, 2008 ... JESUS came to His native place and taught the people in their synagogue. They were astonished and said, "Where did this man get such wisdom and mighty deeds? Is He not the carpenter's son? Is not His mother named Mary and His brothers James, Joseph, Simon, and Judas? Are not His sisters ...
Close watch urged on P3.5-B forest fund.(Provincial News)
Aug 01, 2008 ... Environment and agriculture stakeholders in the Cordillera made this suggestion, noting that billions of pesos set aside as reforestation funds in the past were mishandled by concerned government agencies. As a result, they said, most of the country's forests and watersheds are ...
Dengue deaths in CV now 76.(Provincial News)
Aug 01, 2008 ... As of last July 26, the Region 7 Epidemiology and Surveillance Unit (RESU 7) reported a total of 76 deaths in Central Visayas. The death toll rose by five from the total number of deaths for the Jan. 1 to June 28 period, which stood at 71. It was also noted that the number of ...
Install waste water-treatment plants, expert urges companies.(Provincial News)
Aug 01, 2008 ... Antonio Tompar, chairman of Mactan Rock Industries Inc. (MRI), a bulk water technology provider, said the STP, which is encouraged by the Department of Environment and Natural Resources (DENR) because of it sanitary benefits, enables business establishments to recycle their wastewater and ...
Number of East Visayas enrollees down this year.(Provincial News)
Aug 01, 2008 ... The official said that the enrolment in the region this year went down compared to the enrolment figure last year despite the "no collection policy" issued by Education Secretary Jesli Lapus. The official said that the decrease in enrolment on the elementary and secondary levels is partly ...
Random testing of Cebu street refreshments urged.(Provincial News)
Aug 01, 2008 ... Councilor Arsenio Pacana, who authored the resolution, said it is very important to determine the cleanliness and safety of the cold refreshments products, which include juice drinks, ice candies, halo-halo, and ice creams. Pacana said he was alarmed by the recent seizure of 130 ...
Signing of MoA to go on -- MILF.(Provincial News)
Aug 01, 2008 ... "The scheduled signing of the MoA-AD and the elections in ARMM are two separate events. The MILF and government negotiators have already initialed the document, and so the signing on Aug. 5 will proceed even if the election is not postponed," Iqbal said. lqbal, chairrman of the ...
Prices of commercial rice drop to P28/kilo in Zambo.(Provincial News)
Aug 01, 2008 ... The action of NFA Assistant Regional Director and concurrent Zamboanga City Manager Rolando Maravilla has stabilized the price of commercial rice in this city, Zamboanga City Mayor Celso Lobregat said. Lobregat also congratulated the 98 barangay captains including the selected ...
More companies are eyeing big investments in hatcheries.(Provincial News)
Aug 01, 2008 ... The imbalance between supply and demand has driven prices up that many sought-after species such as tiger grouper, humpback grouper, and tropical abalone can now be grown profitably and sustainably through commercial aquaculture operations. This will also allow natural stocks time to ...
DepEd adopts 11 schools for new instructional strategy.(Provincial News)
Aug 01, 2008 ... Education Secretary Jesli A. Lapus, through DepEd Memorandum No. 243, explained that IMPACT has been found effective as an instructional strategy in depressed, disadvantaged and underserved far-flung areas especially in multigrade schools. According to Lapus, IMPACT was ...
Shooter, archer first off to Beijing.(Sports News)
Aug 01, 2008 ... Ang, the oldest in the RP team at 37, and Javier, 27, are the first Filipinos to see action in the quadrennial event. The veteran shooter will compete in the men's qualification at 9 a.m. on Aug. 9 at the Beijing shooting range while Javier opens his bid at 3:30 p.m. in the ...
Tamaraws send Eagles crashing.(Sports News)
Aug 01, 2008 ... That was what the Far Eastern University achieved as the Tamaraws became the first team to beat Ateneo this season via a masterful 72-66 win at the 71st UAAP basketball tournament before a huge crowd at the Araneta Coliseum. Ateneo's Rabeh Al-Hussaini produced a monster game, ...
End it now, coach tells Express.(Sports News)
Aug 01, 2008 ... The Express shoot for their first-ever trip to the Finals when they try to close out the Beverage Masters in their Smart-PBA Fiesta Cup semifinals today at the Astrodome in Pasay City. Air21, which leads the best-of-seven series 3-2, and Magnolia collide in the lone encounter at ...
Sportsman offers P.5-M incentive for silver medal.(Sports News)
Aug 01, 2008 ... Yuzon, founder and chairman emeritus of a leading marketing communications company, Hemisphere-Leo Burnett, is offering P500,000 to the 15-man RP delegation. But his offer is only for a silver medalist. "While winning a gold medal is our highest goal, I believe the P10.5-million ...
Athletes get new home.(Sports News)
Aug 01, 2008 ... With the formal turnover of the facilities used before by Brent International School (BIS) of Manila to the Philippine Sports Commission yesterday, national athletes can look forward to staying in a hotel-like rooms complete with air-condition and decent mattress. After ...
Perasol and his projects.(The Scene Around)
Aug 01, 2008 ... Well, it now turns out they should have. Often dismissed as an also-ran in every conference, the Express now threatens to humiliate many a pundit as they edge closer to barging into the Finals of the Smart Fiesta Conference. Many non-believers are watching with mouths ...
Modern gym to rise at NU.(Sports News)
Aug 01, 2008 ... Work on the building will start two weeks from now as NU seeks to become one of the top schools with the best educational facilities and sports programs in the country. All these are made possible with the support of Hans Sy, heir to the SM business empire, whose family recently ...
Swimmer not thinking past Beijing.(Sports News)
Aug 01, 2008 ... "I really have not thought past Beijing (Olympics). As of now, I'm training as if it will be my last race," said Molina, who will be competing in the men's 200-meter individual medley, 200-meter breaststroke and 200-meter freestyle. Molina, a winner of four medals in the 2007 ...
No time to relax for RP's boxing hope.(Sports News)
Aug 01, 2008 ... His practice schedule is so hectic, Tanamor is unlikely to make it to Malacanang when the rest of the Philippine delegation makes a courtesy call on President Arroyo today. A long break, according to ABAP president Manny Lopez, will have a bad effect on Tanamor's condition. ...
Taekwondo chief believes Go, Rivero will win medals.(Sports News)
Aug 01, 2008 ... Taekwondo president Robert Aventajado yesterday said his athletes are ready to face any eventuality, whether or not they are bracketed with those tipped to win the gold medals. "We have prepared Tshomlee and Toni to win medals "of any color. They are prepared to win," said ...
Bank of PI upgrades lending growth target to 15% this year.(Business News)
Aug 02, 2008 ... The bank is celebrating its 157 anniversary this month. The increase of three percentage points from the original assumption of 12 percent was anchored on the 16 percent growth in lending registered for the first six months of the year, which mitigated the contraction the bank ...
Local toothpaste maker keeps prices low.(Business News)
Aug 02, 2008 ... Dr. Cecilio Pedro, president of Lamoiyan Corp., said the company has adopted this pricing strategy since the very beginning of its operations with its Hapee toothpaste brand, whose quality is at par with the multinational brands, being sold at least 50 percent cheaper than the market ...
Totalling P2.8-B deposits Meralco starts meter refund process.(Business News)
Aug 02, 2008 ... "As soon as the details are worked out, the refund will commence and customers will be duly notified of the refund schedule mechanics and requirements through appropriate notices," Meralco vice president for corporate communication Elpi O. Cuna said. Cuna indicated the company ...
As medical tourism park PEZA registers St. Luke's in Fort.(Business News)
Aug 02, 2008 ... Trade and Industry Secretary Peter B. Favila, who is also chair of PEZA, signed the St. Luke's registration in ceremonies held in the Global City in Fort Bonifacio last Thursday night. The facility is the second medical tourism park proclaimed by PEZA under Proclamation No. 1539 signed by ...
Aussie firm drills new well in Sulu.(Business News)
Aug 02, 2008 ... The Australian firm, with 50-percent equity in the consortium, is the operator of the petroleum exploration prospect under Service Contract 41. The other equity holders in the project are British firm Salamander Energy with a 35% share; and the locally-domiciled participants ...
P/$ rate closes at P44.225/$ 1.(News In Brief)
Aug 02, 2008 ... T-bill rates to drop in 2009 The Bangko Sentral ng Pilipinas (BSP) expects benchmark rates to decline to 5.5 percent in 2009 from the 6-8 percent 91-day Treasury bill rate assumptions this year. Based on its inflation report for the second quarter, central bank officials said ...
NPC seeks new rate hikes for Luzon, Visayas grids.(Business News)
Aug 02, 2008 ... This is on top of the P0.3685 per kWh that the power firm has sought that will increase its basic generation tariff to P4.26 per kWh from P3.89 per kWh, which was the base reference prior to the ruling of the Energy Regulatory Commission (ERC) on its P0.71 per kWh; owing to cost recoveries ...
New Subic investments reach $ 212 M.(Business News)
Aug 02, 2008 ... SBMA administrator Armand Arreza said the investments involved 94 new projects recorded in January-June period this year. "These new projects are expected to generate up to 3,588 new jobs here and would be a big boost to government efforts to stem rising unemployment in the ...
Pre-need sales remain anemic, down by 21.4%.(Business News)
Aug 02, 2008 ... Data gathered by the Non-Traditional Securities and Instruments Department (NTD) of the SEC showed the industry managed to sell only P7.08-billion worth of pre-need plans in the first half of the year, as against P9.92 billion during the same period in 2007. Gross Contract Price ...
MB orders closure of rural bank.(Business News)
Aug 02, 2008 ... G7 Bank, Inc. is a seven-unit bank with branches mostly in the Bicol Region. Its head office is in Naga City and its branches are in Daraga, Albay; Ligao, Albay; Naga-E. Angeles-Panganiban Streets; Polangui, Albay; Nabua, Camarines Sur; and Pasig City in Metro Manila. PDIC took ...
Export Action Line.(Business News)
Aug 02, 2008 ... As you read this article, I hope that you will take time in your busy schedule to carefully scrutinize your credit card monthly statements. Some of you may get the surprise of your life to discover that there are bills in your statements that you did not incur. More than two ...