March, 2015

• 2 March

  WWII veterans’ valor, sacrifices to be remembered at freedom march

  

  Story and photo by Alvin I. Dacanay After the island of Corregidor in Bataan province fell to the Japanese Imperial Army on April 9, 1942, 90,000 to 100,000 Filipino and American prisoners of war were forced to march 88 kilometers (55 miles) from Bataan’s Mariveles town to San Fernando municipality in Pampanga province. From there, the prisoners were loaded into …

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February, 2015

• 23 February

  Fund aimed at ensuring LP victory in 2016 polls: P30-B renamed ‘pork’ exposed

  

  Luis Leoncio A new Malacañang-sanctioned budgeting scheme called Grassroots Participatory Budgeting Process (GPBP) has allotted P20.9 billion from the P2.606-trillion 2015 national budget to fund thousands of projects in various towns and cities nationwide under a so-called bottom-up budgeting (BuB) scheme developed by the Department of Budget and Management.

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• 23 February

  Belmonte sees BBL approval by mid-June

  Although legislative support for the Bangsamoro Basic Law appears to have crumbled following the Mamasapano clash, Speaker Feliciano Belmonte Jr. has said the House of Representatives would try to meet the June 11, 2015, deadline the passage of the measure.

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• 23 February

  DOE: Brownouts to occur even with ILP

  Riza Lozada Rotating brownouts might start hitting the Luzon grid as early as March when electricity demand begins to peak coinciding with the regular maintenance shutdown of several aging power plants, Energy Secretary Jericho Petilla said.

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• 23 February

  Cops abort anti-Aquino rally at Edsa

  Security forces from the Eastern Police District’s Civil Disturbance Management Unit prevented protesters belonging to the “Edsa 2/22 coalition” from occupying steps of the Edsa Shrine on Sunday, the kick-off of a planned series of protest actions against President Aquino.

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• 23 February

  Corrupt practices go into train-fare hikes

  Luis Leoncio Conclusion The Aquino administration’s stock reason in defending the fare increases for the Metro Rail Transit (MRT) and Light Rail Transit (LRT) systems is the removal of government subsidies on utilities including the railway system on its claim the fare hike would require the entire nation to subsidize the spending of Metro Manila commuters.

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• 23 February

  8990 eyes P9B in bonds float to fund expansion

  Mass housing leader 8990 Holdings Inc. seeks to raise up to ₱9 billion in fresh funds from a retail bond offering to further fund its expansion plans.

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• 23 February

  External factors to remain as dampener for local bourse

  Volatilities in the global market remains a normal thing for now due to the looming interest rate normalization in the US on one hand and the implementation of the additional stimulus program in the euro zone and in Japan on the other.

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• 23 February

  On the eve of the end

  

  Dean dela Paz / The Next Page For any economy, even the most resilient, none can survive without foreign investments because domestic production and eventual supply, the assets behind it and the capital raised to fuel productivity will always fall short of local and international demand. The world is insatiable. Where economies are globalized, the hunger for productivity extends over …

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• 23 February

  On looking down when walking

  

  Alegria A. Imperial / Peregrine Notes Some rules when walking in New York or Vancouver don’t apply to me: No sauntering abreast on sidewalks so designed to allow “unimpeded…sufficient space both laterally and longitudinally to avoid conflicts with others.” No crowding on corner inclines—delivery carts and wheeled carriers use these; when warned of an oncoming pram, or roller shopping tote, …

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