Riza Lozada The Philippines suffers from a situation where the economy is among the fastest-growing in Asia but the jobless rate of between 6 and 7 percent is also among the region’s highest, according former Budget Secretary Benjamin Diokno.
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March, 2015
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2 March
Special-powers bid passes on second reading
“Dangerously overbroad and fails to address the flaws of the Epira.” This was how Sen. Miriam Defensor-Santiago described Joint Resolution No. 12 that Malacañang certified as urgent in 2014 seeking emergency powers for President Aquino to resolve the looming energy crisis.
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2 March
70 years on, survivors keep memory of Battle of Manila alive
Oliver Teves / The Associated Press Seventy years have not dulled the memories of survivors of the month-long Battle of Manila. The mass killings by Japanese forces, the loved ones lost and the desperation are etched in their minds, as is the elation when American forces finally rescued them in the closing months of World War II.
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2 March
No plan to revise bank-secrecy rules ank secrecy rules to stay as is–BSP
Riza Lozada The Philippines does not plan to revise soon its existing rules on bank deposit secrecy, according to the Bangko Sentral Ng Pilipinas (BSP).
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2 March
Mindanao grid remains power deficient, says energy department
Riza Lozada The Mindanao grid is considered power deficient for the second straight month due to plant outages causing millions of pesos in business losses.
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2 March
The power-crisis preemptive program
Dean dela Paz / The Next Page Within days, those massive and debilitating power outages energy officials warned us against which found the aggressive political offensive to grant Benigno Aquino III emergency powers that would, among other things, allow him to siphon off immeasurable funds to procure inordinate generating capacity, should be upon us.
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2 March
Hibernating as a word
Alegria A. Imperial / Peregrine Notes Wouldn’t you wish you could willfully hibernate, when before your eyes the tiles you have stacked up into an impregnable fort begin to tumble?
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2 March
The great MRT-3 train robbery
Ed Javier / Where I stand As we write this piece, the Metro Rail Transit- Line 3 has suffered another glitch. The government pays Global APT, MRT-3’s service maintenance provider, the amount of P57 million a month, but many are wondering: Where does the money go?
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2 March
Bowlers need Paeng’s touch
Clyde Mariano In an effort to give bowling a shot in the arm, the Philippine Bowling Association is planning to get the services of four-time World Cup champion Rafael “Paeng” Nepomuceno to train the bowlers and bring back the respect and adulation of Filipinos in the world stage.
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2 March
All over but the shouting
Sebastian Santiago Baguio City—Ageless veteran Santy Barnachea mustered the old form that snared him the inaugural Ronda Pilipinas title with another 15th place finish in Stage 7 over the weekend to virtually secure his second Ronda championship with still a stage to go.
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