[Blueboard] Newsbriefs 28 October Afternoon

Simbahang Lingkod ng Bayan slb at admu.edu.ph
Fri Oct 28 16:52:08 PHT 2005


Newsbriefs 28 October Afternoon

Simbahang Lingkod ng Bayan

 

Palace washes hands off 'no permit, no mass' policy (abs-cbnnews.com)

"Malacañan on Friday denied enforcing a "no permit, no mass" policy in churches surrounding the presidential palace.



Presidential spokesman Ignacio Bunye said in a DZMM interview that prohibiting the ceremony is tantamount to the curtailment of freedom to religion.



He said some people misinterpreted a letter sent by Presidential Security Group chief Delfin Bangit to the San Miguel Parish Church, which is located in the vicinity of Malacañan.



"Hindi naman po pinagbabawal ang misa, sinasabi lang po na concerned sila na baka nagagamit po ang isang religious activity for a political activity (Holding a mass is not prohibited. PSG is only concerned over the possibility that a religious activity could be used for political purposes)," Bunye told DZMM.



The President's spokesman, however, said that while they respect a parish priest's right to express political views through his homilies, it would be improper to allow parishioners to air political statements during mass.



Bunye added that the faithful who visit the parishes of San Miguel and Saint Jude at the back of Malacañan will have to get used to the security inspections."



Ramos should stand by his word on cutting GMA's term, says Pimentel (philstar.com) 

"Senate Minority Leader Aquilino Q. Pimentel, Jr. Friday challenged former President Fidel V. Ramos to stand by his word that President Gloria Macapagal-Arroyo should cut short her term and resign in the light of the harm that her continued stay in office is inflicting on the country. 

Pimentel said if Mr. Ramos really meant what he said, he should not waver from his new stance and prove that he can subordinate his alliance and friendship with Mrs. Arroyo to the interest of the country. 

Nonetheless, he said he considered as a welcome change Mr. Ramos' statement that President Arroyo should make a personal sacrifice by shortening her term. 

"It's better late than never," the minority leader said. 

Pimentel noted that Mr. Ramos, as a military general during the martial law regime of the late President Ferdinand Marcos, vacillated for too long before breaking away from the dictator, doing so only after 14 years of authoritarian rule. 

He said whether Mr. Ramos will abandon Mrs. Arroyo for good remains to be seen, considering that he has benefited immensely from his close association with the President."


"Mr. Ramos now makes his own calibrated response to President Arroyo's policies. I hope it's for real. Not for nay hidden agenda to promote his own behind-the-scenes role," Pimentel said."

 

No surprise on opposition's reaction on call for unity gov't, says Palace (philstar.com) 

"No surprise there. 

This was the gist of the statement of Malacañang Friday in the light of the political opposition's reaction to the call by President Gloria Arroyo for a government of national unity. 

Press Secretary Ignacio R. Bunye said in a statement, "We are not surprised by the varied reactions from the opposition on the President's call for a government of national unity." 

"Nevertheless, we are gratified that the more responsible and patriotic elements in the opposition are ready for principled cooperation and critical collaboration with the administration," Bunye said. 

He added, "We do need some measure of political unity to enable our economy to finally take off."" 



NBI joins probe of Central Luzon murders (inq7.net)

 

"THE National Bureau of Investigation has started a parallel probe into the spate of killings against militant leaders in Central Luzon. 

"PNP [Philippine National Police] Chief Director-General Arturo Lomibao has already created a task forced to conduct full blast probe on the killings, and the NBI has also started conducting parallel investigation just in case the NBI will be directed to take over the case," Wycoco told reporters Thursday.

He said the Central Luzon Regional Office led by lawyer Edward Villarta and Tarlac District Office led by lawyer Florencio Canlas had started gathering information on the murders this week of Hacienda Luisita labor leader Ricardo Ramos and four other militant leaders and supporters in Central Luzon.

On Tuesday evening, Ramos, president of the labor union at the Cojuangco-owned Hacienda Luisita was gunned down near his house in Tarlac City.

On Wednesday, Bayan Muna local leader Francisco Rivera and two of his companions, Doctor Angel David and Von John Maniti were shot dead in Angeles City, Pampanga province. This was followed by the murder of Federico de Leon, chairman of a leftist transport group in Bulacan late in the afternoon.

Militant lawmakers on Thursday readied to hale President Gloria Macapagal-Arroyo and Central Luzon military commander Major General Jovito Palparan before the International Criminal Court for violating international humanitarian law."

Magsaysay: P80M in Bicol fertilizer funds 'missing' (abs-cbnnews.com)



"Sen. Ramon Magsaysay on Friday said liquid fertilizers purchased for the Bicol region last year was overpriced by P80 million, according to documents provided by the Commission on Audit. 



Magsaysay said COA reports submitted to the Senate committee on agriculture showed that bottles of liquid fertilizer, which normally retails for P65 a bottle, was bought for as much as P800 to P1,200 a bottle in the region. 



"I think P91.5 million was allocated to (Bicol).If you look at the actual price, maybe they spent less than P10 million so what happened to the P80 plus million?" Magsaysay said in a DZMM interview. 



He added that he also found it unusual that the Department of Budget and Management ordered the release of a large chunk of the Department of Agriculture's (DA) P728-million fertilizer fund three months before the May 10, 2004, elections."



Neri: 1-day release of fertilizer fund not unusual (abs-cbnnews.com)

"Budget Secretary Romulo Neri on Friday said there was nothing unusual with the one-day release of a large chunk of the Department of Agriculture's (DA) P728-million fertilizer fund three months before the May 10, 2004, elections.



"Well, sometimes there are rush releases and sometimes we do overtime work for that. But I haven't looked into that case," Neri told DZMM. 



"As long as the budget is authorized by Congress and as long as there are funds as we coordinate with the Bureau of Treasury then we release." 



Former budget secretary Emilia Boncodin earlier said the Department of Budget and Management (DBM) released the fund to former agriculture secretary Luis Lorenzo Jr. for the purchase of farm inputs several months before the 2004 polls."



Shares close higher ahead of long weekend; SM leads gains (XFN-Asia)

(UPDATE) SHARE prices closed higher for the fourth day in a row, powered by gains in conglomerate SM Investments Corp. and affiliate SM Prime Holdings Inc., dealers said. 

Investors also snapped up shares of companies expected to report strong earnings for the third quarter, such as index-heavyweight Philippine Long Distance Telephone Co. (PLDT). 



However, dealers said many investors were on the sidelines ahead of the four-day weekend. 



The composite index closed up 18.76 points or 0.97 percent at 1,960.22, just off the day's high of 1,960.57, on volume of 485.2 million shares worth 1.07 billion pesos. It hit a low of 1,941.46. 



The all-shares index rose 10.19 points to 1,191.02. 



Gainers led losers 43 to 25, with 37 stocks unchanged. 



Financial markets will be closed on Monday, Tuesday and Friday next week for public holidays. 



Analysts had expected a more cautious tone in Friday's trading given lingering political and security concerns, but some investors opted to accumulate more stocks after the key index broke through the 1,950 resistance level in mid-session. 



      Peso-Dollar Exchange Rate 
      Official Rate from the Philippine Dealing System 
     

 

      PDS Wtd. Avg. 
     Previous Close 
     
      P55.089 = $1.00 
     55.080 
     
            Open
           55.090
           
            High
           55.140
           
            Low
           55.040
           
            Close
           0
           
            Volume (US$)
           325.73M
           

     
      As of October 28, 2005 2:00 PM
     
      Disclaimer: These are based on Philippine Dealing System rates.
      Actual bank rates may vary.
     

 

 
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