Sunday, October 16, 2011

17 OCTOBER 2011, Monday, 0645h

USD1.00=Php43.462    Prev=43.282     PDS FX Rate  14-October-11 
PSEi     4,153.40     18.92     +0.4576%    FRI OCT 14, 2011 13:00:00 PM

Philippines


Conditions on use of judiciary's budget must be removed - OCA

ABS CBN News - 
MANILA, Philippines - The Judiciary's fight for fiscal autonomy is not -- and will not be -- a closed issue for as long as there are conditions attached to the usage of its budget for 2012, said the Supreme Court's (SC) ...

Former seaman, Emmanuel Ponce kills family and self in Talisay

Examiner.com - 
In a most puzzling case from Talisay City, Cebu, Philippines, a well-to-do retired seaman shot dead his wife, three children and their housemaid before killing himself during breakfast on Sunday.

Palace to respect Ombudsman's timetables and processes

GMANews.TV - 
Malacañang on Saturday said it will “respect" the timetables laid down by Ombudsman Conchita Carpio-Morales in resolving cases filed before her office.

Palace: Can we make it any clearer?

Inquirer.net - 
Malacañang on Sunday made it clear there would be no state honors and funeral for the late President Ferdinand Marcos and that it was up to his family to bury him.

Church in transition

Inquirer.net - 
Because they're under unrepentantly secular, liberal and perhaps, unhistorical, the news media have largely missed out on two key developments in the Catholic Church over the past several months: the resignation of Gaudencio Cardinal Rosales as ...

Bleak Xmas cover up denied

Journal Online - 
Thus declared Malacañang as it slammed yesterday claims of former First Gentleman Jose Miguel “Mike” Arroyo's that President Benigno Aquino III's November deadline to file charges against his wife, former President and now Pampanga Rep.

Taiwan's Spratly missile plan poses no threat

gulfnews.com - 
Manila: The Philippines said it has good relations with Taiwan and it is not afraid of the latter's plan to use missiles in defending its claims in the South China Sea, a senior Philippine official said.

Garcia habeas corpus petition denied

Manila Bulletin - 
MANILA, Philippines - The Supreme Court has denied the petition for habeas corpus of retired general Carlos F. Garcia who was arrested last month in connection with his conviction by a court martial for misdeclaring his Statement of ...

CHED alarmed by rash of violence in schools

Philippine Star - 
MANILA, Philippines - The rash of violence against students and officials of higher education institutions (HEIs) in the country is becoming more “disturbing,” Commission ...

I was the real target, says another PUP official

Inquirer.net - 
The officer in charge (OIC) of the Polytechnic University of the Philippines (PUP) said on Saturday she may have been the real target of the killers of PUP vice president for administration Augustus Cezar and that the latter's ...

MMDA's anti-billboard drive case now under new RTC judge

Tempo - 
Manila, Philippines - The petition of the group of billboard advertisers for the issuance of a preliminary injunction on the Metropolitan Manila Development Authority (MMDA)'s anti-bill- board drive will be heard afresh in a new ...

Versoza, 20 others charged in boat mess

Manila Bulletin - 
MANILA, Philippines - Graft charges have been filed against 21 people, most of them retired and active police officials, in connection with the purchase of rubber boats in 2009.

NPA rebs attack gov't construction site, burn equipment

Malaya - 
New People's Army rebels swooped down on a government construction site Friday at the boundary of Manjuyod and Bindoy towns in Negros Oriental, and burned a back hoe, a crane, two dump trucks, and a bulldozer.

Asia-Pacific journalists sign 'Manila Declaration'

Philippine Star - 
MANILA, Philippines - Media from the Asia Pacific have renewed their commitment to practice responsible journalism during times of emergency and violence and to provide voice to ...

BI tourist booth in Camiguin

Tempo - 
Manila, Philippines - The Bureau of Immigration (BI) is putting up an immigration booth on Camiguin Island when the province celebrates its annual Lanzones Festival next week.

Desperate OFWs resort to selling blood in Saudi

ABS CBN News - 
SAUDI ARABIA - Desperate times call for desperate measures. This seemed to be what many jobless and undocumented overseas Filipino workers are experiencing in the Kingdom as they allegedly resort to selling their blood to hospitals just to make ends ...

PAGASA: Expect isolated rain, thunderstorms in next 24 hours

GMANews.TV - 
Isolated rain showers and thunderstorms loom over parts of the country in the next 24 hours, the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) said Sunday afternoon.

Cop, 3 others held for 3 teeners' slay

Journal Online - 
CAMP BGen. Oscar M. Florendo, La Union -- A policeman and his three cohorts who allegedly shot dead three teenagers last Friday in Balungao, Pangasinan, were arrested by the police after they were identified to be the culprits.

Road accident: Man, wife perish

Manila Bulletin - 
MANILA, Philippines - Thirteen-year-old Jamie Montilla Montero suddenly found herself an orphan when she lost her parents in a head-on collision between two vehicles in Tago, Surigao del Sur, a regional police information officer ...

RIT suspects kill Manila cop

Journal Online - 
A MEMBER of the Manila Police District was shot dead yesterday morning by two men riding in tandem while talking to a neighbor in San Pedro, Laguna.

Business

Occupy Wall Street shows muscle, raises $300K

Seattle Post Intelligencer - 
Demonstrators affiliated with the Occupy Wall Street rally in New York's Times Square, Saturday, Oct. 15, 2011. Photo: Mary Altaffer / AP A demonstrator affiliated with the Occupy Wall Street rally at Washington Square park, Saturday, ...

Frantic race to pump oil from stricken ship off New Zealand

Reuters - 
1 of 8. Fractured steel structures are seen onboard the stricken container ship Rena, about 12 nautical miles (22 km) from Tauranga, on the east coast of New Zealand's North Island October 13, 2011, more than a week after it struck the Astrolabe Reef.

Philippines risks investors' loss of faith–Senator Osmeña

Inquirer.net - 
Laws regulating financial transactions are “so loose” that the Philippines risks discredit among investors unless these are addressed, Sen. Sergio Osmeña warned on Sunday.

Palace sees no need for PPP czar

Sun.Star - 
MANILA - Malacañang on Sunday said there is no need to appoint a czar to undertake responsibility over the government's Public-Private Partnership (PPP) program.

In Italy, Rioting Leads to Recriminations

New York Times - 
ROME - As the smoke cleared Sunday, a day after a peaceful, inchoate demonstration near the Colosseum turned into a riot, Italy fell into national soul-searching and finger-pointing.

Bankers Balk at EU Push for Bigger Greek Losses, Higher Capital

BusinessWeek - 
Oct. 17 (Bloomberg) -- Josef Ackermann, the head of Deutsche Bank AG and chief lobbyist for the world's largest financial firms, has pressed European leaders for months to devise a strategy to stamp out the sovereign debt crisis.

Thai PM confident Bangkok will escape worst of floods

Reuters - 
BANGKOK, Oct 14 (Reuters) - Thai Prime Minister Yingluck Shinawatra tried to reassure residents of Bangkok on Friday that the capital should largely escape the flooding that has covered a third of the country since July and ...

Government buys back $1.7B worth of dollar, euro bonds

Inquirer.net - 
Malacañang bought back last Friday some $1.7 billion in outstanding dollar- and euro-denominated global bonds in an effort to retire Philippine securities that carry relatively higher yields and are costlier for the government.

Bangko Sentral to keep rates steady

Inquirer.net - 
PRESENT INTEREST RATES STAY The Bangko Sentral ng Pilipinas will keep the present key interest rates, saying inflation is less of a concern now than the need to boost economic growth.

A rollercoaster ride

Philippine Star - 
Since reaching a high of 4541.23 last Aug. 2, the Philippine Stock Exchange index (PSEi) fell to a low of 3721.22 last Sept. 26. Half of this 18-percent drop was eventually erased over the following weeks, with the PSEi eventually closing at 4153.40 ...

Oil firms agree to open their books

Inquirer.net - 
Six oil companies belonging to the Philippine Institute of Petroleum (PIP) have expressed willingness to “open their respective books” amid allegations of overpricing and collusion among them.

Hawaii credit card receipts point to slowing economy

istockAnalyst.com (press release) - 
Oct. 16--The growth in credit and debit card spending slowed in the third quarter, giving more credence to economists' recent forecasts that Hawaii's economic expansion is decelerating.

Organic products and win-win solutions

Manila Bulletin - 
MANILA, Philippines -- Women's Organic Produce - Farmers' markets, organic food and celebrity chefs are at the top of my list of favorites; imagine my grief when this column's Friday deadline fell on the same day as the Women's Market, .

FAO, PARC mark World Food Day 2011

Pakistan Daily Times - 
ISLAMABAD: Food and Agriculture Organization of the United Nations (FAO) celebrated World Food Day 2011 across the world under the theme Food Prices: From Crisis to Stability.

Re-establishing global economic co-op

China Daily - 
The contagion fears of the European debt crisis have kept the euro close to a nine-month low against the US dollar, despite the fact that Europe's finance ministers met in Luxembourg on Oct 4, and agreed to shore up eurozone

ArcusIT makes it to Red Herring 100 Asia

Philippine Star - 
MANILA, Philippines - Filipino-owned and operated cloud computing solution provider ArcusIT recently earned a mark of international distinction when it was named one of the finalists in the prestigious Red Herring 100 Asia Award.

'Occupy Wall St.' protest goes global

Manila Bulletin - 
MADRID, Spain (DPA/AFP) - Tens of thousands gathered in cities around the world on Saturday in protest marches modeled on New York's “Occupy Wall Street” movement and sit-ins that began months ago in Spain.

MPTC to miss P7-billion revenue target for 2011

BusinessWorld Online - 
METRO PACIFIC Tollways Corp. (MPTC) bagged higher revenues as of September versus year-ago levels, but not enough to keep the company on track of its P7-billion target for 2011, an official said late on Friday.

BIR finds Code-NGO liable for P4.86B tax for PEACe Bonds

ABS CBN News - 
MANILA, Philippines - The Bureau of Internal Revenue has found the Caucus of Development NGO Networks (Code-NGO) liable to pay close to P5 billion in taxes for its purchase of the so-called PEACe Bonds 10

Filled Black Candles - MOV, MS, MSA, MSB, MSO

Health Talk & You - 
MOV went up 2.12%, to close at $15.89 and its overall traded volume was 71612.00 shares in the last trading session. MOV shares were trading within the range of $15.37-$16.14 while its opening price was ...

Sports


Petron blazes to third win

Manila Bulletin - 
MANILA, Philippines - Petron Blaze played sans three key players. For the third time, the Boosters proved they can win without them.

NCAA Final Four sizzles Monday

Manila Bulletin - 
MANILA, Philippines - San Beda and San Sebastian, finalists in the last two seasons, try to arrange another title showdown when they battle separate rivals Monday in the 87th NCAA basketball tournament Final Four at The Arena in San ...

Sonsona returns with a flourish

Tempo - 
LAPU-LAPU, Cebu, Philippines - The big guns of Marvin Sonsona were in full display Saturday night as the come-backing former world champion made a rousing return to active duty before a highly appreciative crowd at the Hoops Dome.

Pacquiao runs out of sparring mates

Tempo - 
Yes, World Boxing Organization welterweight champion Manny Pacquiao is running out of sparring mate with barely three weeks left before facing Mexican arch-rival Juan Manuel Marquez on Nov. 12 for his 147-pound crown in Las Vegas.

Baguio sanda players advance to gold round

Sun.Star - 
BAGUIO wushu players continue to make a mark for themselves as they enter the final phase of the 11th World Wushu Championship in Ankara, Turkey.

Narvaez upbeat to upset Donaire

Manila Bulletin - 
MANILA, Philippines - Argentina's Omar Narvaez doesn't mind the underdog tag against Filipino hotshot Nonito Donaire. A week before he shoots for Donaire's two world titles at Madison Square Garden in New York, Narvaez told a local TV ...

Undermanned Bolts stun Llamados

Inquirer.net - 
Chico Lanete provided the needed firepower to the lead the undermanned Meralco Bolts to an 84-78 win over the B-Meg Llamados last night in the 37th PBA Philippine Cup at The Arena in San Juan.

PH U-16 is battle ready

Manila Bulletin - 
NHA TRANG, Vietnam - Fifteen-year-old Fil-Australian Jordan Heading is just a newcomer to the Energen Pilipinas U-16 team but he's willing to do everything in order for them to succeed in the FIBA-Asia U-16 which starts Tuesday here.

Boxing: Hopkins floored by 'dirty tactics'

The Independent - 
Bernard Hopkins was stopped for the first time in his career in bizarre fashion on Saturday, unable to continue in the WBC light heavyweight title fight after Chad Dawson lifted him and tossed him to the canvas in the second round.

Borromeo's injured

Tempo - 
Manila, Philippines - The Philippine football team was dealt a big blow on Saturday when team captain Aly Borromeo suffered an ACL injury while playing for his club team in the ongoing UFL Cup.

Philip Cezar-mentored Jaguars bag UCAA crown

Inquirer.net - 
By Cedelf P. Tupas MANILA, Philippines—Vic Manuel finished his collegiate basketball career with a flourish, powering the Philippine School of Business Administration to the 10th Universities and Colleges Athletic Association championship with a ...

Malditas launch title bid in Asean women's football

Philippine Star - 
MANILA, Philippines - Looking to draw momentum from the gains of the Azkals, the Philippine Malditas kick off their own campaign today against Myanmar in the ASEAN Football ...

World solar challenge car race begins

3News NZ - 
The world solar challenge car race began over the weekend as 37 teams drove out of Darwin at the start of a 3000km road trip across Australia.

Perfect 10 for Vettel after Korea move

The Independent - 
Lewis Hamilton, Mark Webber, Jenson Button and Fernando Alonso waged a fabulous fight throughout the Korean GP, finishing 3.6s apart after 55 nail-biting laps.

All Blacks have one hand on Webb Ellis trophy

Yahoo! Eurosport UK (blog) - 
They now only have France to beat in order to win the World Cup for the second time and finally end 24 years of disappointment and expectation.

Cuello strikes again in Mexico

Philippine Star - 
Denver Cuello (right) and Carlos Perez strike a fighting pose after tipping the scales at 105 lbs during their weigh-in Friday. Cuello Knocked out Perez to win the WBC Silver minimumweight crown.

Pinay wins inaugural China Amateur Golf Championship

Philippine Star - 
BEIJING (Xinhua) -- Ma Andrea Victoria Unson of the Philippines put up a steady performance under a windy condition to win the women's title of the 2011 Fangshan Changyang China Amateur Golf Championship on Sunday at the Beijing California County Golf ...

'Poca' joins VP Binay G'Prix title hunt

Journal Online - 
MALVINNE “Poca” Alcala gets the chance to re-display her wares before local fans as she joins the hunt for crown in the P1 million VP Binay Grand Prix Badminton Open Championships-PBaRS 4th leg firing off Oct. 23 at Powersmash in Makati.

Barbosa shares lead in Indonesia Open

Cebu Daily News - 
NEWLY-installed Filipino Grandmaster Oliver Barbosa demolished FM Awam Wahono of Indonesia last Friday for his third straight victory in the Indonesia Open Chess Championship held at the Lamerieden Hotel in Jakarta, Indonesia.

Arbole Champ

Tempo - 
Manila, Philippines - Art Arbole closed out with a one-over par 73 then beat Reymon Jaraula and Clyde Mondilla in sudden death to cop the men's crown while Dottie Ardina dominated the field and romped off with the ladies title in the 12th Canlubang ...

Southeast Asia


Thai floods a reflection of crisis of leadership?

TODAYonline - 
by Pavin Chachavalpongpun Thailand is drowning in what are believed to be the worst floods in more than half a century. The north and the central plains have by now been submerged in water, in places as high as two metres.

Taiwan's Spratly missile plan poses no threat

gulfnews.com - 
Manila: The Philippines said it has good relations with Taiwan and it is not afraid of the latter's plan to use missiles in defending its claims in the South China Sea, a senior Philippine official said.

Former seaman, Emmanuel Ponce kills family and self in Talisay

Examiner.com - 
In a most puzzling case from Talisay City, Cebu, Philippines, a well-to-do retired seaman shot dead his wife, three children and their housemaid before killing himself during breakfast on Sunday.

Najib: Umno will never claim state leadership in Penang

The Sun Daily - 
KUALA LUMPUR (Oct 16, 2011): Prime Minister Datuk Seri Najib Abdul Razak has given his word that Umno will not take the reins of leadership in Penang, should the BN regain control of the northern state.

Papa offers to work with governments to resolve domestic help ban

The Sun Daily - 
KUALA LUMPUR (Oct 16, 2011): The Malaysian Association of Foreign Maids has offered to work with both the Cambodian and Malaysian governments to resolve issues that resulted in the ban on Cambodians working as domestic help in the country.

International day for the eradication of poverty October 17, 2011

Manila Bulletin - 
MANILA, Philippines - International Day for the Eradication of Poverty is celebrated on October 17 each year. The 2011 theme is “Only A Development That Includes Everyone Is Sustainable.

RI back to old suppression way: Greenpeace

Jakarta Post - 
Environmental group Greenpeace accuses the Indonesian authorities of trying to suppress freedom of speech with its recent barring of Greenpeace UK executive director John Sauven from entering Indonesia.

Palace: Can we make it any clearer?

Inquirer.net - 
Malacañang on Sunday made it clear there would be no state honors and funeral for the late President Ferdinand Marcos and that it was up to his family to bury him.

Palace to respect Ombudsman's timetables and processes

GMANews.TV - 
Malacañang on Saturday said it will “respect" the timetables laid down by Ombudsman Conchita Carpio-Morales in resolving cases filed before her office.

CNMI faithful takes part in global public square rosary rally

Saipan Tribune - 
Scores of Catholic devotees, young and old, gathered at Mount Carmel Cathedral at noon Saturday to pray the rosary and sing religious songs as part of a nationwide rally of over 7000 gatherings for the 2011 Public Square Rosary ...

Malaysia King to get top Indonesian honor

Jakarta Post - 
Malyasia King Mizan Zainal Abidin will be awarded the Star of the Indonesian Republic, First Class, by President Susilo Bambang Yudhoyono on Monday.

Indonesian President to announce new Cabinet line-up tomorrow

TODAYonline - 
JAKARTA - Indonesian President Susilo Bambang Yudhoyono will announce his Cabinet line-up tomorrow and inaugurate the members the following day, his spokesman said.

Church in transition

Inquirer.net - 
Because they're under unrepentantly secular, liberal and perhaps, unhistorical, the news media have largely missed out on two key developments in the Catholic Church over the past several months: the resignation of Gaudencio Cardinal Rosales as ...

Farmers' market trader owns house, with a premier twist!

The Borneo Post - 
Yesterday, that dream has become a reality - with a premier twist! The 25-year-old has none other than Prime Minister Datuk Seri Najib Tun Razak to thank for.

Spotify Saturday: Cambodian rock, part 1

Spectator.co.uk - 
The Cambodian Space Project spreads Cambodian music around world. Here is the first half of a Spotify Sunday Cambodian rocky playlist compiled by the CSP's Julian Poulson.

Three contract workers killed at Freeport in Papua

Radio New Zealand International - 
Unidentified gunmen in Indonesia's Papua province have shot dead three contract workers bound for the Freeport mine which is at the centre of a strike entering its second month.

Quake shakes Indonesia's Bali, tourists run from hotels

Reuters - 
A rescue official inspects the wreckage from collapsed ceilings in Kuta after an earthquake shook Indonesia's resort island of Bali October 13, 2011.

SIngapore - Ministry of Foreign Affairs Addendum to President's Address, 15 ...

ISRIA (registration) - 
The international environment is becoming more unpredictable and fluid. Major shifts of global power and ideas are underway and are both symptoms and causes of the continuing economic and political uncertainties.

Garcia habeas corpus petition denied

Manila Bulletin - 
MANILA, Philippines - The Supreme Court has denied the petition for habeas corpus of retired general Carlos F. Garcia who was arrested last month in connection with his conviction by a court martial for misdeclaring his Statement of ...

World

Prisoner exchange is condemned by bereaved Israelis

The Independent - 
Bereaved relatives of those killed in terror attacks yesterday petitioned Israel's Supreme Court to halt a prisoner exchange deal after the government published the names of the first batch of Palestinian prisoners to be

Yemen's Sana'a Rocked by Explosions; Arab League Meets on Syria

BusinessWeek - 
Oct. 17 (Bloomberg) -- Yemen's capital Sana'a was rocked by explosions and gunfire as troops loyal to President Ali Abdullah Saleh battled tribal forces after the country's leader said his opponents are carrying out a ...

Iran stands firm over reaction to murder plot

The Independent - 
Iran's supreme leader yesterday warned that Tehran would react strongly to any "inappropriate measures" imposed by Western powers over its alleged masterminding of a plot to kill the Saudi ambassador to Washington.

François Hollande nomination marks the triumph of Monsieur Ordinary

The Guardian - 
François Hollande won the Socialist Party's presidential primary, defeating his ex-partner Ségolène Royal, pictured left. Photograph: Thomas Samson/AFP/Getty He was known as l'homme tranquille - the quiet man - an amiable, if shambling figure who liked ...

Fighting resumes in Gaddafi stronghold of Bani Walid

Straits Times - 
TRIPOLI (AFP) - Fighters of Libya's new regime Sunday said they had entered the town of Bani Walid, one of the last holdouts of Muammar Gaddafi diehards, but encountered heavy resistance.

Thai floods a reflection of crisis of leadership?

TODAYonline - 
by Pavin Chachavalpongpun Thailand is drowning in what are believed to be the worst floods in more than half a century. The north and the central plains have by now been submerged in water, in places as high as two metres.

Thousands gather to dedicate Memorial to Martin Luther King Jr.

Washington Post - 
Some 10000 spectators arrived on the National Mall early Sunday morning Sunday for the dedication of a stone memorial for civil rights leader Martin Luther King Jr.

Opposition leader to take part in Liberia run-off

The Independent - 
Liberia's main opposition leader will take part in a run-off against Nobel peace prize winner Ellen Johnson Sirleaf despite protests over alleged fraud in the first round of the presidential vote.

Arab League stops short of suspending Syria

Stuff.co.nz - 
LATEST: Arab foreign ministers stopped short of suspending Syria from their regional organisation on Sunday over its military crackdown on dissent, instead urging the government and opposition to negotiate an end to the violence.

Chaos as David Cameron fights a losing battle to limit the damage of the Liam ...

Mirror.co.uk - 
David Cameron's attempt to deal with the fall-out from the Liam Fox scandal descended into farce as he was surrounded by morris dancers.

Egyptian Copts beleaguered by rising violence

MiamiHerald.com - 
CAIRO - Families joined hands in prayer Sunday for an evening of healing at a downtown Cairo church after a bloody week that left many Coptic Christians questioning their place in the new Egypt.

Central American rains take more lives

TVNZ - 
The death toll from torrential rains in Central America over the past week has jumped to 74 over the past 24 hours, with a further 20 lives lost in El Salvador, authorities said today.

Nitin Pai Myanmars Narasimha Rao moment?

Business Standard - 
In a matter of months, Myanmar's infamous junta diluted itself out of power, a new “elected” government took office, duly freed pro-democracy leader Aung San Suu Kyi from house arrest, lifted some curbs on the local media, unblocked YouTube, ...

Tired Pope uses mobile platform for first time

Hindustan Times - 
Pope Benedict XVI made use of the same mobile platform used by his long-ailing predecessor John Paul II for the first time on Sunday with the Vatican saying it was to “ease his tiredness.

Kenya sends in troops to Somalia in pursuit of al-Shabaab militants

The Independent - 
Kenya has declared war on a Somali Islamist group and its army yesterday crossed into southern Somalia to pursue al-Shabaab, which it blames for a series of kidnappings inside its territory.

Saudi warns it will not tolerate riots during hajj

AFP - 
JEDDAH, Saudi Arabia - A top Saudi official warned on Saturday that the kingdom will not tolerate any riots at the annual Muslim pilgrimage to Mecca next month, at a time of rising tension with Iran.

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