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Sunday, December 12, 2004 (Philippines)

Atlas secures P100M tax deal
Filipino gays and lesbians display mock shields with slogans as they assemble at a park in Quezon City to take part in the annual “Gay Pride” march. Scores took part in yesterday’s parade to push for the passage of the Anti-Discrimination Bill in Congress, speak up on a host of other issues like the national debt and “to show everyone that we are proud of who we are.” (AP photo)
IN a major development since it ceased operations a decade ago, Atlas Consolidated Mining and Development Corp. (ACMDC) donated over P100 million in cash, shares of stock and properties to the Toledo City Government, as it prepares to reopen its mining operations next year.

In exchange, the Toledo City Government will cancel some of Atlas’ tax declarations and transfer the others from the taxable to the tax-exempt roll.

[full story]

  Local News
Luigi draws flak
Provincial Board (PB) Member Gabriel Luis Quisumbing is getting flak for the disapproval of the Capitol’s 2004 annual budget.
[full story]
City’s interest gains ‘stretched’ by P107M
THE City Accounting Office has apologized for the discrepancy in the amount taken as income from interests earned by the Cebu City Government’s time deposits for May and June 2004.
[full story]
Capitol gives biggest aid for Luzon
PRESIDENT Arroyo yesterday accepted the P12-million cash donation from the Cebu Provincial Government that was sourced from its calamity fund to help typhoon victims in Luzon.
[full story]

 
Opinion
Obenieta: To grin at the grinch
Mercado: Danger beyond those logs
Cabaero: What Christmas spending?
Lim: Christmas rush
 
Sports
Pacquiao powders Fahsan in 4 rounds
Corteza-Haya final
Queen City eyes Group B top spot in Aboitiz soccer
Masters keep clean slates
 
Lifestyle
Art by mouth (and foot too)
Got nothing to do?
Health and hotels
Nomination period for Rafi Triennial Awards extended

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