I. BANNER STORIES
OPEC-style rice cartel up
First posted 01:25:48 (Mla time) May 01, 2008
Philippine Daily Inquirer
BANGKOK—The countries of Burma (Myanmar), Cambodia, Laos, Thailand and Vietnam have agreed in principle to form a rice price-fixing cartel similar to the Organization of Petroleum Exporting Countries (OPEC) as costs of the staple grain rocket, Thailand’s prime minister said on Wednesday.
http://archive.inquirer.net/view.php?db=1&story_id=133785
3. Manila Times
4. Malaya
Jamby asks court to freeze aunt's will
Senator not included among Collantes' heirs
BY ASHZEL HACHERO
SEN. Maria Ana Consuelo "Jamby" Madrigal yesterday asked the Makati Regional Trial Court to stop the execution of the will of her billionaire aunt Consuelo "Chito" Madrigal-Collantes.
http://www.malaya.com.ph/may01/news1.htm
Non-wage benefits for workers
Gov’t employees to receive 10% salary increase
Labor Day rally scheduled at Liwasang Bonifacio
By RAYMUND F. ANTONIO
President Gloria Macapagal Arroyo will announce a package of non-wage benefits for workers and some 50,000 new jobs will be offered in today’s celebration of Labor Day, along with the expected announcement of a 10-percent salary increase for all government workers.
http://www.mb.com.ph/archive.php?date=2008-05-01
U.S. STATE DEPARTMENT: Money laundered through Pagcor casinos nationwide
By Michaela P. del Callar
05/01/2008
The Philippine government has received yet another blackeye through a US State Department country report which pointed to the Philippines as being a haven for money laundering, among other crimes, pointing to “cash smuggling” and money laundering as a “major concern,” stating that many casinos of the Philippine Amusement and Gaming Corp. (Pagcor) “located near small provincial international airports that may have “lax enforcement of cash smuggling” are vulnerable to cash smuggling.
http://www.tribune.net.ph/20080501/headlines/20080501hed1.html
7. Abante
MADRIGAL LABAN SA MADRIGAL!
Ni TINA MENDOZA
Sumiklab na ang legal battle sa pamilya Madrigal nang pormal na isampa sa korte kahapon ni Sen. Maria Ana Consuelo ‘Jamby’ Madrigal ang paghahabol sa mana mula sa yumao nitong tiyahin.
http://www.abante.com.ph/issue/may0108/default.htm
GLORIA BINALAAN SA FOOD RIOT
Rey Marfil W/ Rose Miranda
Kasabay ang paghahain ng resolusyon upang palakasin ang sektor ng agrikultura at suspensyon ng Bio-Fuels Act, ibinabala ni Sen. Rodolfo Biazon ang posibleng pagbagsak ng administrasyong Arroyo kapag sumambulat ang food riot sa Pilipinas.
10. Journal
PAY HIKE
By: Tess Bedico
Gov’t workers get 10% salary increase
GOVERNMENT workers will get up to a 10 percent increase in their basic pay starting July 1.
President Macapagal-Arroyo is expected to sign today an executive order authorizing the increase to mark Labor Day, according to Executive Secretary Eduardo Ermita.
http://www.journal.com.ph/index.php?issue=2008-05-01&sec=1&aid=58015
11. Business World
PNB, Allied Bank to merge
Long-awaited consolidation of Tan-owned banks set for 3rd quarter
PHILIPPINE NATIONAL BANK and Allied Banking Corp., both owned by tycoon Lucio Tan, yesterday announced a long-awaited merger that would create the country’s fourth largest bank in terms of assets.
12. Business Mirror
NFA deficit seen P7B over forecast
By Jun Vallecera
Reporter
THE government is nurturing a new problematic agency in the National Food Authority (NFA) by giving it billions of pesos in subsidies every year.
According to Sen. Edgardo Angara, who chairs the Senate Committee on Agriculture, the NFA has the makings of a new Napocor, or the National Power Corp., whose multibillion-dollar debts constituted the single-biggest expense item on the nation’s budget for many years.
II. POLITICAL
Palace: Senate report on NBN a vindication
Malacañang yesterday said the upcoming Senate report absolving President Arroyo from any liability on the anomalous $329-million national broadband network (NBN) project is a "vindication" for the national leadership.
The Palace was reacting to the statement Tuesday of Sen. Alan Peter Cayetano, chair of the Blue Ribbon committee, that the Senate tri-committee investigation on the NBN-ZTE deal had yielded evidence "leading up to the Office of the President" but there was no direct testimony that would link President Arroyo to the anomalies in the project.
http://www.malaya.com.ph/may01/news4.htm
700,000 Metro families listed as poor found way beyond NSO figures
BY REGINA BENGCO
SOCIAL Welfare Secretary Esperanza Cabral yesterday said her department is verifying the number of poor families in Metro Manila that are entitled to access cards.
http://www.malaya.com.ph/may01/news2.htm
Gilbert, Angie, BF 'safe' from revamp
BY REGINA BENGCO
PRESIDENT Arroyo on Tuesday night said Defense Secretary Gilbert Teodoro, Energy Secretary Angelo Reyes and Metropolitan Manila Development Authority Bayani Fernando are safe "for now" from the Cabinet revamp this month.
http://www.malaya.com.ph/may01/news3.htm
Now, the hard work of cutting drug prices starts
PRESIDENT Arroyo Tuesday night expressed elation over the ratification of the cheaper drugs bill by the Senate and House but said she could not sign the measure into law in time for today's Labor Day celebration.
http://www.malaya.com.ph/may01/news5.htm
Metro Manila police on alert for Labor Day mass actions
THE 17,000-strong Metro Manila police was placed on full alert yesterday in preparation for mass actions scheduled today, Labor Day.
The rest of the PNP will go on "heightened alert" status starting at 8 a.m. today.
http://www.malaya.com.ph/may01/news6.htm
Nani, co-defendants to be arraigned Monday
THE Sandiganbayan Second Division yesterday directed former Justice Secretary Hernando "Nani" Perez and three others to appear before the court for arraignment on a robbery charge on May 5 at 1:30 p.m.
http://www.malaya.com.ph/may01/metro1.htm
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