MONDAY |JULY 20, 2009 | PHILIPPINES

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Drug firms’ price
cuts under study

DOH sees resolution tomorrow;
Roxas wants list made public

BY GERARD NAVAL

THE Department of Health yesterday gave itself until Tuesday to finish its evaluation on a price reduction list proposed by multinational drug firms to President Arroyo.

Dr. Robert So, DOH National Drug Program manager, said the results will be submitted to Health Secretary Francisco Duque and to an advisory council composed of non-government organizations and other concerned sectors.  

So stressed they would make sure that prices of the 21 medicines they have recommended for the Maximum Drug Retail Price (MDRP) executive order will be slashed by 50 percent under the cheaper medicines law.

Full Story...


‘End 2009’ is target date
for eliminating Abu Sayyaf

 

BY VICTOR REYES

THE Armed Forces is aiming to defeat the Abu Sayyaf bandit group "by the end of the year," Lt. Col. Romeo Brawner Jr., chief of the AFP public affairs office, said yesterday.

The bandit group was founded in 1990s, and has been engaged in bombing attacks and kidnapping for ransom.

One of the most high-profile kidnapping cases involved three delegates of the International Committee of the Red Cross.

 Full Story...


Smartmatic-TIM
to get P3B windfall upfront

By YVONNE CHUA
VERA Files

The winner of the government’s P7.2 billion automated elections project will get close to P3 billion, or 40 percent of the contract amount, even before it delivers all the 82,200 counting machines to be used in the May 2010 elections.

Under the contract signed on July 10, the Conmission on Elections will be paying Smartmatic TIM Corp. about P3 billion for a range of goods and services that include starting up the project, delivering the "development set," customizing voter education materials and putting up a Website in the contract’s first four months.

Smartmatic TIM Corp. will get P2.5 billion for the counting machines, called Precinct Count Optical Scan (PCOS) units, which will be delivered in four batches: 12,000 in November, 30,000 in December, another 30,000 in January and 12,200 in February.

Full Story..

 

 

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OPINION
Editorial


Resiliency?

Column of the Day


Among Ed’s ambition
and the SIFE
BY DUCKY PAREDES

BUSINESS
Looking beyond crisis horizon

SPORTS
Eagles soar past Tigers

ENTERTAINMENT
Gretchen knows nothing
beats the classics

LIVING
Albert Almendralejo’s dream

 Peso

48.19

 



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