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PHOTO BY ROLLY SALVADOR

Relief sought. Jeepney drivers and their families hold a rally in Cubao, Quezon City, to press their demand for relief from rising oil prices.

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Gov’t still needs
500,000 tons of rice
NFA says buffer needed for rains,typhoons

BY REGINA BENGCO

THE National Food Authority yesterday said government needs to buy 500,000 to 700,000 metric tons of rice to augment the country’s buffer stocks for the typhoon season.

Government has already bought 1.7 million metric tons.

"The last quarter is our rainy season or our typhoon season so we have to be ready. But for the lean months, we already comfortably have our buffer," said NFA administrator Jessup Navarro.

Full Story...


CHED sees 10% increase in tuition

BY ASHZEL HACHERO

THE Commission on Higher Education (CHED) is predicting an 8 to 10 percent increase in tuition this school year even as it lifted the cap on matriculation fees.

Julito Vitriolo, CHED deputy executive director, said they do not expect tuition to skyrocket this year, even if they suspended the implementation of CHED Memorandum 14, 42 and 7, which prohibits private schools from increasing tuition above the inflation rate, which has been pegged at 6.2 percent.

"Perhaps schools that would ask for an increase would only be around 20 percent because of the economic impact," he added.

 Full Story...


Palace: Hanjin P400M
bribe-extort case closed

THE alleged P400 million bribe-extortion case involving Hanjin Heavy Industries of South Korea is closed as far as Malacañang is concerned.

Executive Secretary Eduardo Ermita said Tagaloan Mayor Paulino Emano has signed an affidavit that Hanjin did not offer him P400 million in exchange for the construction of its $2 billion shipyard project in Misamis Oriental despite the lack of environmental clearance certificate.

Ermita said Emano and Villanueva Mayor Juliette Uy are going to issue the permit that would pave the way for the construction of the training center and eventually the shipbuilding facility itself.

Full Story..

 

 
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Mikey lashes out at Lopezes,
opens probe of Meralco


OPINION
Editorial


Sabotaging wholesale
electricity spot market


Column of the Day

‘Fixing’ flawed JPEPA
BY NESTOR MATA

BUSINESS
Gokongwei offers to buy PNOC stake in Petron at a premium

SPORTS
Bulls whip Realtors

ENTERTAINMENT
Christina Ricci goes
back to blockbusters

LIVING

Caring for a loved one
with breast cancer


 Peso

$1=42.44
 



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