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Friday, August 03, 2007 (Philippines)

Lawmakers nix emergency powers for Arroyo
SENATE President Manuel Villar on Thursday said the Arroyo administration needs emergency funds, not emergency powers, to deal with the looming power crisis as a result of the dry spell affecting Luzon.
[ full story ]

  Local News
Bongbong to testify on co-ownership claim of tycoon's firms
ILOCOS Norte Representative Ferdinand "Bongbong" Marcos Jr. will testify based on his "personal knowledge" on why his family owns 60 percent of tycoon Lucio Tan's business empire, according to a government lawyer.
[full story]
Court stops auction of fuel in oil firm's padlocked depot
THE Bureau of Customs (BOC) on Thursday failed to auction off 300,000 barrels of oil stored in the gas depot of Oilink International Corporation that was closed by the agency after the Court of Tax Appeals (CTA) issued a 72-day temporary restraining order (TRO).
[full story]
SC suspends Baguio judge for 'ignorance of the law'
THE Supreme Court (SC) has ordered the preventive suspension of a Baguio City Regional Trial Court (RTC) judge who reversed the final ruling of a co-equal court regarding the custody of the famed "Golden Buddha" that formed part of the so-called Yamashita treasure.
[full story]

 
Business
Traders, energy officials to discuss power issues

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