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Manila Bulletin

Published by the Manila Bulletin, the Manila Bulletin is a daily newspaper. Dr. Cris J. Icban, Jr. is the editor-in chief, Hermogenes P. Pobre is the publisher and Diego C. Cagahastian is the news editor.

Articles from June 27, 2002

10-Year Cap on Ecozone Tax Perks eyed.(Business)
Byline: FIL C. SIONIL The Department of Finance (DoF) is proposing to put a 10year cap on the granting of the five percent gross income tax incentive, a privilege currently being enjoyed by firms operating in economic zones throughout the country....
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Angara Bares Offers to bloc.(Main News)
Byline: MARIO B. CASAYURAN Sen. Edgardo J. Angara said yesterday that Sen. Vicente Sotto III had been asked to choose between two of the most powerful departments in the Arroyo administration while Sen. Blas F. Ople had been offered the foreign...
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April Industrial Output Surges 17%.(business)
Byline: EDU H. LOPEZ The countrys manufacturing output surged in April at the strongest pace in five years and economists said the data reflected a sustainable pickup in economic activity and increased exports. The National Statistics Office...
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Arroyo Keeps Guingona as Foreign Affairs Chief; VP Says He Never resigned.(Main News)
Byline: FERDIE J. MAGLALANG President Gloria Macapagal Arroyo decided yesterday to retain Vice President Teofisto Guingona Jr. as the concurrent secretary of foreign affairs as she expressed full confidence in his leadership despite their differing...
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Boxer Robbed of victory?(Sports)
Im not much for boxing (because I hate violence) and I must admit that I failed to watch the much talked-about Marco Antonio Barrera Erik El Terrible Morales Pride and Honor bout, reason why I couldnt engage Teddy Reynoso who is a boxing scholar...
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BSP Mulls Tighter Rules on DOSRI loans.(Business)
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), plans to further tighten the existing rules and regulations on lending to directors, officers, shareholders and related interests otherwise known as DOSRI. The...
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Chamber of commerce.(Opinion &Amp; Editorial)
TWO basic business support organizations (BSO) are chambers of commerce and industry associations. Industry associations have a sharper focus on the interests of an industry to which they belong but this very focus limits their scope. Some businessmen...
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Colmenar, San Miguel Phil Orchestra Team Up with Alexander Tharaud.(Opinion &Amp; Editorial)
DID the concert featuring French pianist Alexander Tharaud, conductor Rodel Colmenar and the San Miguel Philharmonic Orchestra mark the public debut of the latter two? We are inclined to think so, and were pleasantly surprised by the performance...
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Manila, DoE, Oil Firms Reach Accord on Pandacan depot.(Main News)
Byline: BEVERLY MOVIDO Manila Mayor Jose L. Atienza Jr. and Department of Energy (DoE) Secretary Vicente S. Perez signed a memorandum of understanding yesterday with Big Three oil companies for the immediate removal of 28 tanks, starting...
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NEWS IN BRIEF; Peso Closes at P50.57.(Business)
The peso closed lower at P50.57 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P50.35 the previous day. The weighted average rate depreciated to P50.418 from P50.351. Total volume amounted...
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Palace Senate Bloc Needs GMA support.(Opinion &Amp; Editorial)
THE way people think about the Senate may now be worsened by the manner its members and other officials behave amid the difficulties they have created for themselves and the nation. When an official of the Senate who is not himself a Senator starts...
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Pals Win 3rd straight.(Sports)
Byline: DAVE COROS TALK N Text mauled Sta. Lucia Realty, 83-71, last night and assumed the solo lead in the Samsung PBA Commissioners Cup a spot the Phone Pals occupied for much of the season-opening Governors Cup. The Phone Pals started strongly...
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Public Welcomes Lowering of Oil prices.(Opinion &Amp; Editorial)
ARROYO calls off search for Abu Sabaya's body. This is a job for the embalmers. *** 7 PNP officials were fired for tolerating jueteng. DILG Sec. Jose Lina Jr. deserves congrats for so far the coldest job vs the pernicious gambling. ***...
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Razon Resigns to Pave Way for Probe; More Officers May Be Relieved - Lina.(Main News)
Byline: ARIES R. ILAGAN, ELENA L. ABEN & RICO NAVARRO Director Avelino Razon, chief of the Philippine National Police (PNP) Regional Office 7, resigned yesterday from his post to pave the way for an impartial investigation on his alleged inefficiency...
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Senate Impasse over Soon - Drilon.(Main News)
Byline: GABRIEL A. MABUTAS Senate President Franklin Drilon assured yesterday that the present impasse in the Senate will be broken in favor of the administration bloc, when Congress resumes its session on July 22, saying that the bloc is...
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SMC Posts Robust Sales, Up 28%; Eyes Big Acquisition, Declares Cash dividend.(Business)
Byline: JAMES A. LOYOLA San Miguel Corporation (SMC), which held its annual stockholders meeting yesterday, reported consolidated net sales of P54.1 billion, up 28 percent and operating income of P4.1 billion, up 18 percent year-on-year during...
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Stability and security.(Opinion &Amp; Editorial)
LEADERS can be so unsure of hanging on to their positions that they give a very high premium to stability. They do not want to rock the boat. They are afraid to offend or disappoint those who they think hold some reins of influence and power. They...
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Suspension of PPA Hurts the poor.(Opinion &Amp; Editorial)
THE Philippines seems to be joining the East Asian low-inflation club after being the odd man out with double-digit or high single-digit inflation for most of the 1980s and 1990s. The government has just downscaled the inflation forecast for 2002...
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The Judiciary and the Protection of Intellectual Property rights.(Opinion &Amp; Editorial)
(Speech delivered by Senior Associate Justice JOSUE N. BELLOSILLO, Acting Chief Justice, as Keynote Speaker, on 17 June 2002 at the Judicial Workshop for Judges and Judicial Administrators held at the Manila Diamond Hotel, Manila, 17-19 June 2002.)...
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The Wednesday 'massacre'.(Opinion &Amp; Editorial)
Byline: Adrian E. Cristobal When the constabulary's duty is to be done, the policeman's lot is not a happy one. - W. S. Gilbert UNTIL Wed- nesday, the world was their oyster. There was also a Project OYSTER, which stands for "Out-of-School...
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Twenty-Four Years of the Pontificate of Pope John Paul II.(Opinion &Amp; Editorial)
THE twenty-eighth of June of this year marks twenty-four years of the pontificate of Pope John Paul II, one of the longest in the history of the Papacy. Karol Jozef Wojtyla was elected to the Papacy on October 16, 1978 at the relatively young...
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Unicameral Move Launched; Not the Proper Time - Palace.(Main News)
Byline: BEN R. ROSARIO Speaker Jose De Venecia yesterday led members of the administration-backed Sunshine Coalition in endorsing a proposed joint congressional resolution that would push for an immediate shift to unicameral legislature, but...
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Upholding a Good Corporate governance.(Opinion &Amp; Editorial)
(Speech delivered by EDUARDO M. COJUANGCO JR. at the 2002 Annual Stockholders Meeting of San Miguel Corporation, June 27, 2002.) FELLOW stockholders, ladies and gentlemen, good afternoon. The year 2001 was in many respects, a year of transition...
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