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Wednesday, June 04, 2008 (Philippines)

Arroyo okays lifeline subsidy for small power users
Organizational Change Consultants International Inc. (Occi) president Marisol Lopez graces Tuesday’s "Rizal is Alive" DVD launching in cooperation with civic-group Knights of Rizal, Department of Education (DepEd) and Knowledge Channel. (Sunnex/Jill Rusell Beltran)
PRESIDENT Gloria Macapagal-Arroyo on Tuesday approved the P500 one-time lifeline aid for about four million electric consumers who consume less than 100-kilowatt hour (kWh) of electricity per month nationwide.

Arroyo, at the launching of the “Pantawid Kuryente: Katas ng VAT” program, said the P500 aid would be sourced from the P2 billion expanded value-added tax (e-VAT) proceeds derived from the 12 percent VAT on petroleum products.

Arroyo Watch: Sun.Star blog on President Arroyo

[full story]

  Local News
Meralco denies ‘highway robbery’ claim
LOPEZ-owned Manila Electric Company (Meralco) said it did not commit any “highway robbery” by padding the costs of electricity billed to its customers.
[full story]
DOJ to resume anti-rice hoarding drive
THE Department of Justice (DOJ) said it will restart its campaign against rice hoarding following calls for President Gloria Macapagal-Arroyo to declare a state of emergency in Mindanao due to rising rice prices in the region.
[full story]
Firms asked to explain oil price hikes
ENERGY Secretary Angelo Reyes has summoned oil companies and LPG traders to explain and justify the series of increases they imposed on the prices of petroleum products.
[full story]

 
Business
Naia Terminal 3 to be opened soon
 
Lifestyle
Pokwang, Pooh to do concert at Music Museum
Daboy discharged from hospital
Actress clears issues with ex-BF
 
Feature
‘Rizal is Alive’ DVD launched

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