by magnolia_eic | Aug 18, 2010 | Headlines, National News
NAKITA sa Supreme Court nga wala pa gikinahanglan ang TRO sa pag implementar ni Presidente Benigno Aquino III sa una niyang tulo ka executive orders, diin gi kuwestiyon ang legality niini.
Sa niaging semana, ang mga ka alyado ni kanhi Presidente Gloria Macapagal-Arroyo sa kongreso ni hangyo sa Supreme Court sa pag nullify sa Executive Order No. 1 ni Presidente Aquino nga nag-mugna sa Truth Commission nga maoy mohimo’g imbestigasyon sa giingong mga anomaliya sa panahon sa administrasyong Arroyo.
Sa ilang petisyon, sila House Minority Leader Edcel Lagman ug mga representante Rodolfo Albano Jr., Simeon Datumanong ug Orlando Fua Jr. ni ingon nga si Aquino nakalapas sa gahum sa kongreso sa pag mugna sa maong komisyon. Matud pa usab nila nga ang gimugnang komisyon, kinsang komposisyon wala pa nahuman, kinahanglang dili ipadayon tungod kay nag-duplicate ra kini sa gahum sa Ombudsman ug sa Justice Department.
Si Gleoresty Guerra, ang SC Public Information Office assistant chief nagkanayon nga ihatag pa sa korte ang maong petisyon nilang Lagman ug mga kauban niini ngadto sa associate justice nga maoy mo kupot sa kaso. (PIA-Bohol)
by magnolia_eic | Aug 18, 2010 | Headlines, National News
PAKYAS ang management sa Philippine Airlines kon PAL ug ang PAL Flight Attendants and Stewards Association kon FASAP sa pag resolba sa ilang kasungian tungod kay walay buot mopa bag-o sa ilang baruganan tali sa duha ka kampo.
Ang PAL nipahayag niadtong Martes nga ilang barugan ang ilang tanyag nga P80-milyones alang sa cabin crew union sa rason nga dili na sila makahatag pa og dugang tungod sa current financial difficulties.
Tungod niini, ang FASAP moduso sa ilang notice of strike sa mosunod nga duha ka semana.
Atol sa conciliation meeting nga gipahigayon sa National Conciliation and Mediation Board kon NCMB, ang PAL management ni insistir usab sa pag-limit sa ilang panaghisgot sa economic aspect sa collective bargaining agreement kon CBA agig pagsirado sa 2005-2010 CBA uban sa FASAP.
Ang kalihim sa Department of Labor and Employment nga si Rosalinda Baldoz ni ingon nga andam ang kagamhanan nga mopataliwala sa maong kasungian kon gikinahanglan. Apan matud pa ni Baldoz nga wala pa gikinahanglan ang pagsalmot sa kagamhanan ug malaumon siya nga ang duha ka partido makakab-ot ra og maayong kasabutan sa mosunod nga mga adlaw. (PIA-Bohol)
by magnolia_eic | Aug 18, 2010 | Headlines, National News
The Aquino Administration approved on Monday its FY2011 borrowing program in the amount of P307.8 billion.
Presidential Communications Development and Strategic Planning Secretary Ricky Carandang announced in a press briefing at Malacanang on Tuesday that the decision was reached after President Benigno S. Aquino III met on Monday with Finance Secretary Cesar Purisima and Budget Secretary Florencio Butch Abad.
“The foreign mix will be 70%-30%, in favor of domestic borrowing,” Carandang said.
He explained that of the P307.8 billion net borrowing expected, P45.1 billion will be external or foreign borrowing, and P262.7 billion will be the domestic borrowing.
At the same time, Carandang said the Aquino administration will also issue peso denominated global bonds aimed at raising funds to plug the country’s swelling budget deficit.
Programmed budget deficit next year was pegged at P285 billion.
Carandang noted that this will be the first securities float of the peso instruments in the global market as the Philippines usually floats global bonds denominated in dollars and even in Japanese yen.
The move is part of the Aquino Administration’s liability management efforts. (PIA/PCOO)
by magnolia_eic | Aug 18, 2010 | Headlines, National News
Malacanang is standing by its directive of prohibiting officials from placing their names and images in government project billboards and reminded those who are opposing it, that it is the people’s money being used in those projects.
“I think the message of the President is very clear; This is not the money of this administration, it’s not the money of the members of Congress, it is the money of tax payers,” according to Secretary Ricky Carandang of Presidential Communications Development And Strategic Planning office.
Last Monday, minority congressmen in the House of Representatives met with Department Of Public Works and Highways (DPWH) Secretary Rogelio Singson to voice out their opposition to President Benigno S. Aquino’s directive not to place their names and pictures on project billboards.
Last week in accordance with the President’s instructions, DPWH issued Department Order 37, banning the placement of names and pictures of officials on government projects.
The Department of Interior and Local Government (DILG) followed suit by banning the names and pictures of politicians from project billboards and government patrol vehicles.
Carandang stressed that it is within the departments’ authority to issue memos pertaining to the banning of names and images on government projects.
He said the congressmen can question the memos but until proven otherwise, Carandang added, the order will stand. (PIA/PCOO)
by magnolia_eic | Aug 18, 2010 | Headlines, National News
PRESIDENT Benigno S. Aquino III on Monday has suspended imposing additional taxes on toll fees pending further discussions on the issue.
The Chief Executive pointed out that the discussions centered on two important points namely: the Philippine National Construction Corporation (PNCC) franchise and the possible effect of the actual imposition of VAT on toll which, he said, “might deter economic activity.”
According to the President, the issue on the PNCC franchise, whose extension beyond its expiration 2007 is being questioned in court, has to be addressed as the revenue generated from this entity can be used to recoup the investment of those who built the South and North Luzon Expressways.
He said the imposition of VAT on toll fees and the subsequent reconfiguring of toll fee amounts may have implications on future investments in the country.
“There is a study on-going on the implications as far as SLEX is concerned: the increase in toll rates, the increase in transportation, and of course VAT is another cost that might deter economic activity,” the President said.
“There is an ongoing study on the effect of all these increases in toll rates and transportation, and of course Vat is another cost that might deter economic growth,” he said. (PIA-Bohol)
