To address debt woes of RP, other countries
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A loyalty check reportedly conducted by the House of Representatives majority bloc indicated that at least 180 congressmen have remained supportive of the administration of President Arroyo and are expected to vote for the rejection of the impeachment bid against her.
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Malacañang declared today, Monday, Aug. 29, a special non-working holiday in the public sector, except for the Bureau of Customs, and in public and private schools on all levels.
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Malacañang reiterated yesterday its determination to open and start as soon as possible the operation of the controversial Ninoy Aquino International Airport (NAIA) Passenger Terminal 3 that has been delayed by pending court litigation.
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The Manila Hotel aims to help resolve the Ninoy Aquino International Airport International Passenger Terminal 3 (NAIA IPT 3) conflict and to put the state-of-the-art worldclass airport into operation as soon as possible to enable the international airlines and the traveling public to avail of and enjoy NAIA IPT 3 facility.
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Senate Minority Leader Aquilino Q. Pimentel, Jr. (PDP-Laban) reiterated yesterday his proposal to form a three-man government debt panel that will negotiate with foreign creditor banks and multilateral financing institutions for favorable terms for existing and foreign loans of the country.
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Sen. Manuel Villar, chairman of the Senate Committee on Finance, said yesterday that with the bulk of the P1.05-trillion proposed national budget for 2006 still being earmarked for debt service payments, debt relief and fiscal responsibility should be seriously considered and implemented.
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The House Committee on Justice is expected today to make a crucial decision that would spell the fate of the opposition-backed amended impeachment complaint against President Arroyo.
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SINGAPORE, Aug. 29 (AFP) — Oil prices hit new record highs after crossing $70 a barrel in Asian trading hours Monday as powerful Hurricane "Katrina" threatened the crude-producing Gulf of Mexico region in the United States.
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Speaker Jose de Venecia said yesterday that upon "formal completion" by the German government airport agency Fraport’s sale of PIATCO shares to Manila Hotel, the government and the new owners should move rapidly to open to the public the world-class International Airport Terminal 3.
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Sen. Joker Arroyo yesterday asked both the majority and minority blocs in the House of Representatives to immediately resolve the impasse over the impeachment case against President Arroyo, saying the country is now "in a state of paralysis."
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President Arroyo should refrain from proclaiming too many holidays at this time when the people, particularly the average wage earners and their families, are suffering from severe economic hardship caused by unabated increases in the prices of oil and other prime commodities.
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Cagayan Rep. Florencio Vargas bolted yesterday the Liberal Party (LP), saying he could no longer stand the pressure from his party leaders for him to sign the impeachment complaint against President Arroyo.
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The Catholic Bishops Conference of the Philippines (CBCP) headed by its president, Archbishop Fernando Capalla of Davao, yesterday declared Sept. 12 as a "Day of Conversion, Reparation, and Consecration."
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