THURSDAY |AUGUST 07, 2008 | PHILIPPINES

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PHOTO BY JAY CHUA

Home without the bacon. Esperon, flanked by Agrarian Reform Secretary Nasser Pangandaman, left, and Garcia, on arrival from Kuala Lumpur.

***

'Fend for yourselves
if attacked by MILF'

C'bato exec bares threat by Esperon

BY VICTOR REYES

NORTH Cotabato Vice Gov. Emmanuel Piñol has accused Hermogenes Esperon, presidential adviser on the peace process, of threatening to leave the people of his province to fend for themselves in case of an attack by the Moro Islamic Liberation Front.

Piñol made the statements Tuesday night in an interview over ANC's Strictly Politics program.

Esperon, in a radio interview, denied telling Piñol that the military will not respond if the MILF attacks North Cotabato.

Full Story...


2 of 3 households eating, spending less, says Pulse Asia

BY JOCELYN MONTEMAYOR

TWO in every three households or about 66 percent of Filipino households are now consuming less food or spending less to cope with rising prices, a Pulse Asia survey from July 1 to 14 showed.

The results of the survey, which covered 1,200 respondents nationwide, show an increase of 22 percentage points over the March 2008 figure of 44 percent.

Reduced food consumption and spending was more pronounced in the Visayas (75 percent), Luzon (70 percent), and Mindanao (61 percent) than in Metro Manila (47 percent).

 Full Story...


'Salceda: You ain't
seen nuttin' yet'

BY ASHZEL HACHERO

ALBAY Gov. Joel Salceda, former economic adviser of President Arroyo, yesterday said the country has not yet seen the worst of inflation, saying it could reach 12.9 percent in October, from July's 17-year-high of 12.2 percent

"No matter where I look, the inflation rate will continue to rise and might even reach 12.9 percent by October. It will definitely peak by October," Salceda said in an interview on the sidelines of the launching of the UN Millennium Development Goals-Fund Joint Program on Climate Change at Edsa Shangri-La Hotel Mandaluyong.

Salceda said that the inflation rate could even go as high as 14 percent but for the government's rice subsidy program for poor families funded by windfall revenues from the expanded value added tax.

Full Story..

 

 
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OPINION
Editorial


Bad news on the rice front

Column of the Day


'It's political legitimacy, stupid!'
BY NESTOR MATA

BUSINESS
Peso touches 43.80/dollar, stocks up 3.64% as oil drops

SPORTS
Pinoy bets buckle down to work

ENTERTAINMENT
Dapper, debonair Dingdong becomes Belo baby

LIVING

 11 reasons why children need milk


 Peso

$1=44.125
 



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