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PHOTO BY ROLLY SALVADOR

When will relief come? Members of the Freedom from Debt Coalition hold a picket in front of ERC office in Ortigas.

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GMA scraps bidding
for imported rice
Says NFA will resort to government-to-government deals

BY REGINA BENGCO

PRESIDENT Arroyo yesterday decided to scrap rice procurement through bidding and will opt for other modes such as government-to-government contracts and buying locally to maintain a 30-day buffer stock until the end of the year.

Arroyo announced her decision during an informal media interview in Camarines Sur.

Agriculture Secretary Arthur Yap confirmed the new policy.

Full Story...


'Lower rates, not Meralco takeover, is aim'
 

THE Arroyo government is not interested in going after the Manila Electric Co. (Meralco) but only wants a review of the contracts of independent power producers (IPPs) to lower power rates, Albay Gov. Jose "Joey" Salceda, the President's economic adviser, said yesterday.

Salceda said he had asked the President if reports are true that government is going after Meralco and the President's reply was, "No. I just want a review of the IPPs. I want lower power rates. Period."

In her opening speech during Tuesday's Cabinet meeting, Arroyo said power rates could be lowered only if Meralco would buy at cheaper rates from its own power producers.

 Full Story...


Upgradeof Perez rap
to plunder urged

BY JP LOPEZ

SENATE President pro tempore Jinggoy Estrada yesterday asked the Ombudsman to upgrade the robbery-extortion charges against former Justice Secretary Hernando Perez and his three accused to plunder.

"The Ombudsman should file plunder charges against Perez and the others, which is non-bailable, to prevent them from escaping from the rule of law," he said.

The Ombudsman last April 18 recommended that Perez, his wife Rosario, brother-in-law Ramon Arceo and business associate Ernest Escaler be charged with robbery-extortion, graft and corruption, and falsification of public documents.

Full Story..

 

 
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CARL extension

Column of the Day

Fascinating Karachi
BY ELLEN TORDESILLA

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A delightful, unbridled
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Biggest number of Philippine paintings in int'l auction

 Peso

$1=42.28
 



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