Monthly Archives: April 2012

OFW families investing more – BSP survey

Published by reposted only Date posted on April 2, 2012

MANILA, Philippines – More beneficiaries of overseas Filipino workers (OFWs) are shifting to investments and savings but at the same time are keen on undertaking major purchases such as the acquisition of houses and motor vehicles, a ranking official of the Bangko Sentral ng Pilipinas (BSP) said.

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Inaction may lead to power crisis in 2 years — Angara

Published by reposted only Date posted on

MINDANAO SUPPLY SHORTAGE SEEN SPREADING TO LUZON A bigger power crisis that will spread from Mindanao to Luzon is expected within two years if the Aquino administration continues to vacillate on the needed policies to meet rising power demand, Sen. Edgardo Angara yesterday said.

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Clarification to the BW article “Leadership still an issue with TUCP’s two camps”

Published by reposted only Date posted on April 1, 2012

To the Business World Editor: May we clarify some points contained in the article titled “Leadership still an issue with TUCP’s two camps,” by Ms Aubrey E. Barrameda published on 01 April 2012:

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Power crisis: Who’s to blame?

Published by reposted only Date posted on

In 1987, the late Energy Secretary Ronnie Velasco warned the Cory government of a severe power shortage as a consequence of the cancellation of the Bataan Nuclear Power Plant. Before he could explain why, a Cabinet official reeking with newly acquired “arrogance of power” told Velasco, on nationwide television, to “shut up” and just explain…

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Leadership still an issue with TUCP’s two camps

Published by reposted only Date posted on

ONE OF the two opposing camps within the Trade Union Congress of the Philippines (TUCP) has rejected an international trade union organization’s recognition of the validity of the other TUCP faction led by former solon and TUCP General Secretary Ernesto F. Herrera.

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Is there really such a thing as aging gracefully?

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MaluFernandezFifteen years ago my first article was about aging. The article poked fun at how you could tell someone’s age by the way they danced, wore their clothes and acted in public. At that time I was 29 years old. Now 15 years later, I’m still poking fun at people who are middle aged but…

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Blackouts worsened under Aquino govt

Published by reposted only Date posted on

THE blackouts in Mindanao had grown worse since President Benigno Aquino III came to power two years ago, lawmakers and the environmental group Greenpeace said Sunday.

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Environmental groups: Mindanao outages induced to justify new coal plant deals

Published by reposted only Date posted on

The recent spate of power outages in Mindanao was artificially induced to justify the construction of more coal-fired power plants and other controversy-ridden projects in the region, environmental groups based in Mindanao said yesterday.

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Aquino rating dips to ‘good’

Published by reposted only Date posted on

SATISFACTION with the performance of President Benigno S. C. Aquino III has dropped to “good” and a majority of Filipinos see him as serving the interests of the middle class, the Social Weather Stations (SWS) said in a new report.

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