Believe it or not: PCSO incurs P1-B loss Inquirer | MANILA, Philippines—While it gives away millions of pesos in lottery prizes, the Philippine Charity Sweepstakes Office (PCSO) has been losing heavily for the past several years, the agency's head said Thursday. | PCSO Chair Margarita Juico told the House committee on appropriations that the agency...
Solon blames lack of check and balance for Pag-ibig mess Inquirer | MANILA, Philippines--The housing mess involving Globe Asiatique Realty Holdings Corp. would not have happened had there been effective check and balance on the firm's transactions with the state-controlled Home Development Mutual Fund, popularly kn...
Obama and His Family Tied to CIA for Years Scoop Friday, 3 September 2010, 10:59 am | Opinion: Sherwood Ross | Obama and His Family Tied to CIA for Years | By Sherwood Ross | President Obama---as well as his mother, father, step-father and grandmother---all were connected to the Central Intelligenc...
Believe it or not: PCSO incurs P1-B loss Inquirer | MANILA, Philippines—While it gives away millions of pesos in lottery prizes, the Philippine Charity Sweepstakes Office (PCSO) has been losing heavily for the past several years, the agency's head said Thursday. | PCSO Chair Margarita Juico told the...
Palace urged to issue guidelines on GOCC execs' perks Inquirer | MANILA, Philippines—Officials of state corporations can learn a thing or two from Speaker Feliciano Belmonte Jr. | He said giving hefty bonuses to officials has been a practice of some government-owned or controlled corporations (GOCCs) and even pr...
Freddie Roach: Margarito was second best choice after Mayweathjer The Examiner | If had his druthers, Coach Freddie Roach's masterful fight plan for Manny Pacquiao's Nov. 13 bout would be a course entitled How To Beat Floyd Mayweather 101. | But Mayweather backed away from the negotiating table for the second time and Roach had...
Senate urges Aquino to cap excessive perks in GOCCs Malaya BY JP LOPEZ --> | THE Senate yesterday urged President Aquino to suspend the "excessive and unwarranted" allowances, bonuses, incentives and other perks received by executives of government-owned and –controlled corporations. | A resoluti...
WN / Renzelle Mae Abasolo
PAL reports lower Q1 income of $31.6M Inquirer | MANILA, Philippines—The country's flag carrier Philippine Airlines (PAL) reported total comprehensive income of $31.6 million for its peak months April to June 2010, down by $3.9...
A name for every bonus imaginable Malaya BY EVANGELINE DE VERA | SENATORS were shocked yesterday to learn that executives of several government-owned and controlled corporations have been receiving 25 assorted bonuses on top of their salaries. | In a hearing conducted by the Senate finance ...
Cunanan, Neri, Apostol got P46M as bank execs Inquirer | MANILA, Philippines—Can three people earn half of what a quarter of the country's population receive from the same financial institution? | The so-called 'Big Three' at the Social Security System (SSS) earned nearly half the amount the pension fund...
No justice for 2,200 judges, 108 justices Inquirer | MANILA, Philippines—Their job is to dispense justice. Don't blame them if they feel they are not getting it themselves. | While some government executives are living the good life with hefty perks and bonuses, judges and justices have been sufferin...
Meralco customers to pay lower power bills this month Inquirer | CONSUMERS OF power distributor Manila Electric Co. can expect their electricity bills to go down by 68.4 centavos a kilowatt-hour (kWh) this month as the basic generation charge fell to P5.4119 a kWh. | This means that a residential customer consuming 100 kWh a month will have a bill reduced by P68.43 this September, while those consuming 200 kWh...
DAR to prioritize Arroyo land in Negros Inquirer | MANILA, Philippines—The Department of Agrarian Reform (DAR) has formed a special group tasked to tackle disputed landholdings in eight priority areas, which include haciendas of politicians, to fast-track the distribution of land to farmers. | Agrarian Reform Secretary Gil de los Reyes said the priority areas were Western Visayas with a balance o...
