SATURDAY |JUNE 14, 2008 | PHILIPPINES

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. NEWS ROUNDUP .


Fire hits Puerto Princesa market

MORE than P20 million worth of property were lost after a 12-hour fire destroyed the old public market in Puerto Princesa City, Palawan late Wednesday night.

Senior Supt. Dennis Peña, Palawan police chief, said the fire of still unknown origin started at around 11:30 pm Wednesday, based on the report of a security guard who smelled burning rubber and saw thick black smoke coming from the market before the flames burst.

Peña said the fire out was declared some 12 hours after it began.

Arson investigators said that close to 30 percent of the market was destroyed by the fire. - Raymond Africa

Misuari asks for leave to visit 3 countries

MORO National Liberation Front leader Nur Misuari has asked Makati regional trial court Judge Winlove Dumayas to allow him to travel to Jeddah, Saudi Arabia; Kempala, Nairobi; and the United Arab Emirates, all Islamic countries, to meet Muslim leaders and discuss ways of helping resolve armed conflicts in Mindanao.

Misuari said these trips were "in line with his commitment to the cause of peace in southern Philippines and its sustainable development."

Misuari is set to fly to Jeddah on June 15 and return at the end of the month. In his petition, he pledged to follow the court's orders regarding the duration of his trips, to inform the court of his whereabouts before, during and after his travel, and not to engage in any partisan political activity.

Misuari is facing rebellion charges after leading his followers in Jolo, Sulu in a failed uprising in November, 2001 which left several hundred combatants and civilians dead. He was arrested in Sabah and deported by Malaysian authorities before he could flee to Saudi Arabia. He was allowed to post bail last month. - Ashzel Hachero

LTO to provide banks, financing houses access to its database

THE Land Transportation Office (LTO) yesterday announced that it is developing a system where banks using the internet could check on the driver's license and record of individuals transacting with the bank on the matter of loans, opening of accounts, and financing deals.

LTO chief Alberto Suansing said he met last week with officials of the Bankers Association of the Philippines Credit Bureau Inc., Philippine Finance Association, and the agency's information technology provider Stradcom Corp. to finalize the development of a web-based facility which will provide banks and financial institutions access to the LTO database on driver's license and motor vehicle records.

Suansing said this access will allow banks and financing companies to check the registration history of motor vehicles used as loan collateral. He said it will also simplify and facilitate verification of driver's license and motor vehicle records, resulting in more revenues for the LTO and cost/man-hour savings for the banks and financing companies.

Suansing said his office will sign a memorandum of agreement with the bankers' and financing associations and Stradcom next month. - Ashzel Hachero

 


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