March 18, 2008 Mind Bullet Inc.
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I.BANNER STORIES
RP might lose waters if baseline law not amended--DFA
By Veronica Uy
INQUIRER.net
First Posted 13:07:00 03/18/2008
MANILA, Philippines -- Congress should pass a measure that will amend its old baseline laws and allow the country to conform to the 1982 United Nations Convention on the Law of the Sea (UNCLOS), the Department of Foreign Affairs said in a paper on UNCLOS obtained by INQUIRER.net.
Labor chief named SC justice
By Mike Frialde
Tuesday, March 18, 2008
Malacañang announced yesterday the appointment of Labor Secretary Arturo Brion to the Supreme Court.
Brion, 61, took his oath yesterday as the 15th justice of the SC, replacing Associate Justice Angelina Sandoval-Gutierrez who retired last Feb. 27.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080317123
3. Manila Times
Food ‘crisis’ preventable
Villar blames govt, P720-million fertilizer fund scam for problem
By Efren L. Danao, Senior Reporter
Senate President Manuel Villar Jr. blamed Malacañang for a supposedly looming food crisis, which, he said, could have been averted had the government used a P720-million fertilizer fund properly in 2004.
http://www.manilatimes.net/national/2008/mar/18/yehey/top_stories/20080318top1.html
4. Malaya
Another China oil search deal hit
Trillanes: Sharing provision violates Charter
BY JP LOPEZ
DETAINED Sen. Antonio Trillanes IV yesterday said that aside from the joint marine seismic study in the Spratly islands, the Arroyo government also entered into an oil exploration agreement with China in April 2006 that would cover the Calamian Islands in Palawan.
http://www.malaya.com.ph/mar18/news1.htm
Explain pork barrel to the people – Nograles
Edmer F. Panesa
House Speaker Prospero C. Nograles is moving heaven and earth to give a much needed facelift to the controversial "pork barrel" funds, the main cause of public perception that lawmakers are greedy and corrupt.
http://www.mb.com.ph/MAIN20080318119696.html
Ermita, Gaite linked to Japan lot ripoff
By Chito Lozada Business Editor
03/18/2008
A lawyer of a Japanese property developer accused two close aides of Mrs. Arroyo, Executive Secretary Eduardo Ermita and his deputy, Manuel Gaite, of exerting pressure on government agencies to award to a favored group the sales contract for a controversial government-owned lot in Japan that was already the subject of a development deal with another Japanese firm.
http://www.tribune.net.ph/headlines/20080318hed1.html
7. Abante
SC NILULUMPO NI GLORIA?
Nina GRACE VELASCO at ROSE MIRANDA
Iniluklok bilang pinakabagong mahistrado ng Korte Suprema si Labor Sec. Arturo Brion at agad itong nagdeklara ng kahandaang makibahagi sa deliberasyon ng kontrobersyal na isyung bumabalot sa ini-invoke na ‘executive privilege’ ni CHED Chairman Romulo Neri.
http://www.abante.com.ph/issue/mar1808/default.htm
Rey Marfil With Grace Velasco
Hindi itinago ng ilang miyembro ng oposisyon ang pagkadismaya kay Cebu Archbishop Cardinal Ricardo Vidal matapos mabalitaang hinarang nito ang misang isasabay sana sa pag-iikot ni dating Philippine Forest Corporation (Philforest) President Rodolfo “Jun” Lozada, Jr. sa Cebu.
http://www.abante-tonite.com/issue/mar1808/news1.htm
‘Bahala siya’ – Lim
Ni Doris Franche
Tuesday, March 18, 2008
Tahasang sinabi ni Manila Mayor Alfredo Lim na depende na lamang kay Boxing Champ Manny Pacquiao kung nais nitong magsagawa ng motorcade sa lungsod ng Maynila matapos manalo sa kanilang rematch ni Juan Manuel Marquez noong Linggo.
http://www.philstar.com/index.php?Bansa&p=50&type=2&sec=54&aid=2008031773
10. Journal
‘RICE CRISIS’
Corruption blamed for rice shortage, price hike
For failing to curb corruption in the agriculture sector, particularly involving funds for fertilizer, the government share the blame for the current rice crisis, Senate President Manuel Villar, Jr. said yesterday.
http://www.journal.com.ph/index.php?issue=2008-03-18&sec=1&aid=53122
11. Business World
New emergency move for US Fed
No immediate impact on policy — BSP
WASHINGTON/MANILA — The US Federal Reserve on Sunday announced emergency measures to stem a fast-spreading global financial crisis, tapping tools last used in the Great Depression to pour funds into cash-starved Wall Street firms.
http://bworldonline.com/BW031808/content.php?id=001
12. Business Mirror
RP stocks plunge amid global panic
By Honey Madrilejos-Reyes
Reporter
LOCAL share prices plummeted Monday as a global equities meltdown spooked bargain hunters and triggered panic in the market.
Financial stocks were the most hit as news of the sale of big-time investment-banking firm Bear Stearns to JPMorgan Chase at a cheap price scared off investors.
http://www.businessmirror.com.ph/03182008/headlines01.html
II. POLITICAL
Lozada runs into trouble with Catholic prelates
By Beverly T. Natividad, Jhunnex Napallacan
Philippine Daily Inquirer
First Posted 06:02:00 03/18/2008
MANILA, Philippines—Senate star witness Rodolfo Lozada Jr. has run into problems with Roman Catholic prelates who refuse to turn their pulpits into political forums against President Gloria Macapagal-Arroyo.
Senate goes slow on Spratlys probe
By Dona Pazzibugan
Philippine Daily Inquirer
First Posted 06:01:00 03/18/2008
MANILA, Philippines—For diplomatic and security considerations, the Senate has decided to go slow on its proposed inquiry into the Joint Marine Seismic Undertaking (JMSU) among the Philippines, China and Vietnam in the contested Spratly Islands in the South China Sea.
Agri chief: There is no rice shortage, no food crisis
By Amy R. Remo
Philippine Daily Inquirer
First Posted 05:59:00 03/18/2008
MANILA, Philippines—Agriculture Secretary Arthur C. Yap has downplayed fears of a rice shortage, saying Filipinos can expect enough supplies of rice and other commodities this year.
Ermita: I have no part in RP property case in Tokyo
By Christine Avendano
Philippine Daily Inquirer
First Posted 05:59:00 03/18/2008
MANILA, Philippines -- Executive Secretary Eduardo Ermita on Monday denied having a hand in the awarding of a controversial contract for the development of a 2,500-sq m property owned by the Philippine government in the Nampeidai district of Tokyo, Japan.
IMF retains RP growth forecast
By Des Ferriols
Tuesday, March 18, 2008
The International Monetary Fund (IMF) has retained its six percent economic growth projection for the country this year, but advised the Arroyo administration to restore its tax base and keep a close eye on guarantees granted by government to private investors.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080317126
Tariff cut on imported oil products takes effect April 1
By Donnabelle Gatdula
Tuesday, March 18, 2008
The Department of Energy (DOE) approved yesterday a tariff cut of 50 centavos per liter on imported petroleum products effective April 1.
Energy Secretary Angelo Reyes signed the certification of a one-percent reduction in the tariff of imported petroleum products.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080317127
‘RP, China also into oil exploration in Palawan’
By Aurea Calica
Tuesday, March 18, 2008
Contrary to claims that the Arroyo government only signed a joint marine seismic agreement with China and Vietnam, it actually entered into an oil exploration agreement with China not only within the disputed Spratly islands but within Palawan as well in 2006, Sen. Antonio Trillanes IV disclosed yesterday.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080317132
More senators moonlighting as commercial models
By Aurea Calica
Tuesday, March 18, 2008
More and more senators are moonlighting as commercial models – and some of them are even running for president in 2010.
Sen. Panfilo Lacson is the newest print model for a dermatological clinic that specializes in facial care. He joins the ranks of fellow endorsers of the clinic like billboard queen, television host and actress Kris Aquino.
http://www.philstar.com/index.php?Headlines&p=49&type=2&sec=24&aid=20080317137
Speaker asks DepEd to explain ‘pork barrel’
By Jomar Canlas, Reporter
House Speaker Prospero Nograles wants students to understand what are the so-called pork barrel funds and how lawmakers spend that money.
He asked the Department of Education to help distribute to pupils and teachers a pamphlet entitled “Understanding the Pork Barrel,” which he co-authored with Albay Rep. Edcel Lagman, chairman of the House Appropriations Committee.
http://www.manilatimes.net/national/2008/mar/18/yehey/top_stories/20080318top5.htm
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