4-DAY CHRISTMAS LEAVE BEGINS The start of a four-day Christmas leave sees thousands of people flocking to this bus terminal in Cubao, Quezon City, to take bus rides to their home provinces all over Luzon. Next week, there will be another four-day leave for the New Year. (Mark Balmores)
Palace rules out special session on 2008 budget
Malacañang yesterday ruled out plans to call for a special session of Congress although the 2008 budget proposal and other priority bills were not approved before the Christmas break.
BSP liberalizes rules on derivatives trading by banks
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved last Friday a new circular liberalizing banks’ derivatives trading, but the approved rules are less indulgent than originally planned.
Thousands jammed bus terminals, airports and seaports yesterday – the start of two sets of long Yuletide holidays – to go home to the provinces to celebrate Christmas with their families and loved ones, a tradition deeply rooted in the culture of Filipinos.
But despite the heavy influx of commuters bound for the provinces, the Land Transportation Franchising and Regulatory Board (LTFRB) said the situation was orderly as it fielded agents to make sure transport companies followed regulations for the safe and orderly boarding of passengers.
The LTFRB...
Rosales: Why teach us something we have been doing for 2,000 years?
This was the answer of Gaudencio Cardinal Rosales, Archbishop of Manila, when asked about his reaction to the new government policy that will bar priests from solemnizing weddings if they fail to undergo government training on marriage laws.
Operation of WESM Visayas tied to power capacity additions
The timing of the commercial operation of the Wholesale Electricity Spot Market (WESM) in the Visayas shall be anchored on capacity additions as proposed by power investors, a ranking energy official has noted.
Hapee sweeps Toyota
REED JUNTILLA put on a fitting sequel to his Game 1 heroics as Hapee Toothpaste withstood the spirited comeback of Toyota Balintawak, 94-91, and gained a return trip to the finals in the 2008 PBL V-Go Extreme Energy Drink Cup yesterday at The Arena in San Juan.
In-form Realtors edge Talk ’N Text
STA. LUCIA Realty solidified its bid for an outright semifinal seat as it extended its winning streak to five by beating Talk ’N Text, 92-91, in the PBA Smart-Philippine Cup last night at the Cuneta Astrodome in Pasay City.
Eastern Visayas and Mindanao will experience cloudy skies with scattered rainshowers and thunderstorms. The rest of the country will be partly cloudy skies to at times cloudy with isolated rainshowers.
