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Wednesday, August 06, 2008 (Philippines)
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| A woman counts the money left to her after buying some grocery items Tuesday in Manila. Inflation in the Philippines picked up to 12.2 percent in July, the highest in almost 17 years, amid a rise in food and fuel prices. (AP photo) |
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MANILA -- President Gloria Macapagal-Arroyo on Tuesday directed the Department of Energy (DOE) to conduct an "intensive audit" of the account records of oil and power firms following a downward trend of oil prices in the world market.
Presidential Management Staff director general Cerge Remonde said this is in response to the clamor of different sectors for the government to be more pro-active especially in light of developments in the world prices.
Arroyo Watch: Sun.Star blog on President Arroyo
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Top Stories
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Responding policeman kills bystander
| CEBU CITY -- A policeman is being detained for accidentally shooting a bystander dead while responding to a domestic squabble in Sitio Ponce I, Barangay Carreta, Cebu City early Tuesday morning. |
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North Cotabato braces for MILF attacks
| DAVAO CITY -- The province of North Cotabato is bracing for resurgence of atrocities by the Moro Islamic Liberation Front (MILF) after the signing of the memorandum of agreement on ancestral domain (MOA-AD) was blocked Monday. |
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Cop tagged in Pangasinan mayor's slay
| LINGAYEN -- Pangasinan Police Provincial Director Isagani Nerez said a policeman is being investigated in connection with the killing of Agno Mayor Arthur Cabantac last Saturday. |
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