THURSDAY |JULY 17, 2008 | PHILIPPINES

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PHOTO BY PHILIP DUQUIATAN

World's best. The Las Piñas Boys Choir is welcomed at NAIA by Senate President Manny Villar on arrival yesterday from Graz, Austria, where it won the gold in the children's choir category at the 5th World Choir Games. The group also won second place in the sacred music category.

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Another GMA claim
of 'privilege' upheld
SC JPEPA vote similar to that in Senate vs Neri

BY EVANGELINE DE VERA

THE Supreme Court, voting 10-4 with one abstention, yesterday upheld Malacañang's invocation of executive privilege in refusing to make a full disclosure of the terms of the Japan-Philippines Economic Partnership Agreement (JPEPA).

A decision penned by Associate Justice Conchita Carpio-Morales said the petitioners, led by party list representatives and non-government organizations, failed to prove that there is sufficient public interest to overcome the claim of executive privilege to compel government to disclose the "offers" of Japan and Philippine governments.

"Petitioners have failed to present the strong and sufficient showing of need that the information sought is critical to the performance of the functions of Congress, functions that do not include treaty negotiations," the majority decision stated.

Full Story...


Senate minority to
press Epira changes

BY DENNIS GADIL

THE Senate minority will block efforts to defer amendments in the Electric Power Reform Industry Act (Epira) after the House committee on energy chaired by Pampanga Rep. Mikey Arroyo initiated moves to shelve the measure.

"There is a need to revise the Epira despite the stand of Rep. Mikey Arroyo and members of the House committee of energy," minority leader Aquilino Pimentel said.

Members of the House energy committee have signed a manifesto that the proposed revisions to the Epira have already been rendered "moot and academic" after players in the power industry agreed to accelerate the implementation of Open Access Program where end-users consuming at least one megawatt of electricity can choose their power suppliers.

 Full Story...


Gloria: Lifting of oil VAT
will slow down economy

BY JOCELYN MONTEMAYOR

PRESIDENT Arroyo yesterday said lifting the value-added tax on oil and power would slow down the economy and deprive the government of up to P70 billion in revenues that could be used for pro-poor programs.

At the launching of the "Palit Bumbilya, Katas ng VAT" program at the Philippine International Convention Center, she said scrapping the VAT, as demanded by a number of sectors, would also erode business confidence, raise interest and exchange rates "and therefore raise costs anyway."

"VAT boosted investor confidence in recent years. From P56.50 to $1, the peso strengthened to P40.23, before the oil and rice imports brought it back to P45.55. Imagine if without VAT. Our starting point was P55," she said.

Full Story..

 

 
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OPINION
Editorial


Family planning is
above all about life

Column of the Day

Late-told tale
BY LITO BANAYO

BUSINESS
Inflation, higher import cost
help cut budget gap to P18B


SPORTS
Knights turn back
Stags, seize solo lead

 ENTERTAINMENT
Local Hannah Montana to meet Miley Cyrus

LIVING

Lowering low-density lipoprotein
not enough to prevent heart disease


 Peso

$1=45.52
 



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