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Officials, Lozada clash at hearing
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Senate Hearing on National Broadband Network issue continues on February 11, 2008.
Resource persons led by Secretary Lito Atienza of the Department of Environment and Natural Resources (3rd from right in left photo) and Director General Avelino Razon Jr. of the Philippine National Police (2nd from left) are sworn in at the start of the Senate hearing on the case of the National Broadband Network deal involving key witness Rodolfo Lozada Jr. Being sworn in as witnesses are (from left) Senior Supt. Paul Mascarinas, Director General Razon, former Secretary Mike Defensor, Secretary Atienza, Undersecretary Manuel Huberto Gaite, and Atty. Antonio Bautista. Seated from left are Lozada, Jose de Venecia III, and Jarius Bondoc. Seen at right are (from left) Sen. Jinggoy Estrada, Sen. Rodolfo Biazon (partly hidden), Chairman of the Committee on National Defense; Senate President Manuel B. Villar Jr.; Sen. Alan Peter Cayetano, Chairman of the Senate Blue Ribbon Committee; and Sen. Mar Roxas, Chairman of the Committee on Trade and Industry. (Luis ‘Boy’ Garcia)
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Ombudsman sets hearing on NBN contract
spacer The Office of the Ombudsman will start public hearings next week on the controversial ZTE-National Broadband Network (NBN) project and the alleged abduction of star witness Rodolfo Lozada Jr.
 
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Government officials led by Department of Environment and Natural Resources (DENR) Secretary Lito Atienza and Rodolfo Noel I. Lozada Jr. clashed yesterday at the Senate over Lozada’s claims that he was kidnapped last Feb. 5 to prevent him from appearing before three Senate committees on the reported corruption-laden $ 329 million ZTE national broadband network (NBN) contract.

This came after Malacañang allowed Cabinet members and other government officials to appear before investigations by the Senate. Meanwhile, Senate President Manuel B. Villar Jr. aired his disappointment over the Executive Department’s apparent and continuing effort to prevent vital witnesses...
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NG lowers deficit to P9 B in 2007 against P63-B target
spacer The National Government posted a lower-than-programmed budget deficit of P9.4 billion in 2007, the lowest full-year deficit since 1992 of P16 billion.
 
Pacquiao to Marquez: You train hard
spacer Manny Pacquiao let out a hearty laugh when told about the warning shot from Juan Manuel Marquez delivered from his Mexico City training camp over the weekend.
 
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STOCKS
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2008-02-12
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SHARES AVE CH VALUE
FIN 745.8 DOWN 3.1
CI 3,935.0 UP 20.7
HF 1,699.1 UP 9.4
PTY 1,260.9 DOWN 3.7
SVC 1,739.0 UP 25.7
MINOIL 7,170.4 DOWN 3.2
ALLSHARES 1,952.6 UP 7.0
PHISIX 3,200.9 UP 21.4
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BOARD PASSERS
Marine engineer officers listed List of Successful Architects
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WEATHER
The eastern sections of the country and extreme northern Luzon will experience mostly cloudy skies with scattered rainshowers. The rest of the country will be partly cloudy to at times cloudy skies with isolated rainshowers and thunderstorms.

Sunrise 6:23 am
Sunset 5:58 pm
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