| Foreign banks with domestic operations continue to post significant growth, with total banking assets up 10.77 percent from P501.107 billion to P555.356 billion as of end-December, the central bank in its report on the operations of the foreign banks, said. |
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| The Asian Development Bank and the International Finance Corporation, the private sector arm of the World Bank Group, have agreed to provide their largest local currency loan in the Philippines to Balikatan Housing, Inc. for up to $60 million equivalent. |
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| US-based Monsanto, world's pioneer in genetic modification (GM), is releasing this season its Roundup Ready (RR) corn as the Bureau of Plant Industry (BPI) approved commercialization of this GM crop that's seen to solve much of farmers' weed problems. |
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| Living up to the mantra that it can truly lead by example, the Department of Energy (DoE) has reported a substantial reduction of 22.82-percent in its electricity consumption during the high-demand month of April. |
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| The Power Sector Assets and Liabilities Management Corporation (PSALM) is now forthright in admitting that the country's largest island grid of Luzon may soon experience shortage in power supply; thus, it is pursuing double time efforts to entice customers to enter into supply contracts with state-owned National Power Corporation. |
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| JG Summit Holdings unit CFC Clubhouse Properties, Inc. (CFC) will infuse P585 million for its PET bottles and printed flexible packaging materials manufacturing project that will supply the growing packaging requirements of its sister company, Universal Robina Corporation (URC). |
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| The peso rate closed lower at P54.52 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P54.415 the previous day. The weighted average rate depreciated to P54.489 from P54.367. Total volume amounted to $348.2 million. |
SPORTS
Games Today (Araneta Coliseum) 12:30 p.m. — UAE vs Kuwait 2:45 p.m. — Qatar vs Syria 5 p.m. — Kazakhstan vs Lebanon 7:15 p.m. — Philippines vs Iran ———————— |
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WRITING OFF the Basketball Association of the Philippines (BAP) as a member of the Philippine Olympic Committee (POC) appears to be the direction the POC is looking at following the statement made yesterday by FIBA-Asia president Sheik Saud Al Thani of Qatar. |
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THE PHILIPPINES will have to slug it out for the overall title with traditional favorite Thailand, Indonesia and rising Vietnam in the 23rd Southeast Asian Games which Manila will host from Nov. 27 to Dec. 5, the Philippine Sports Commission (PSC) said yesterday. |
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DON ENRIQUE Heights held off a rallying Acropolis with a scrambling 292 as it escaped with a one-point victory to rule the Nokia Intervillage golf north sector eliminations at the Eastridge Golf and Country Club in Binangonan, Rizal Monday. |
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KUALA LUMPUR (AFP) — The last time Thailand's Thaworn Wiratchant topped the Asian Tour's Order of Merit it was 1996 and it was only for a brief spell. He finished the season out of the top 10. |
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FILIPINO RING legend Luisito Espinosa got another crackling blow to his dragging court case regarding his unpaid purse which he has been pursuing for seven long years. |
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Games Today (FEU Gym) 2 p.m. — UE vs Adamson 3:30 p.m. — Letran vs Mapua 5 p.m. — DLSU vs FEU A —————— |
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Games Tomorrow (Pasig Sports Center) 2 p.m — Magnolia vs Welcoat 4 p.m. — Granny Goose vs Montaña ————— |
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THE GAMES and Amusements Board (GAB) yesterday came short of saying the Commissioners Office of the Philippine Basketball Association (PBA) has defied the authority of the GAB following commissioner Noli Eala's refusal to apply for a license. |
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FILIPINO BILLIARDS icon Francisco "Django" Bustamante said his failure to top the first three legs of the San Miguel Asian 9-Ball has given him enough motivation to pour everything he's got when the final leg in Manila kicks off this Friday at the Robinson's Galleria-Ortigas Trade Hall. |
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HWALIN, Taiwan — All-Filipino Spring Cooking Oil-Laguna fell 111-117 in double overtime to import-laced Taiwanese club Jeoutai Saturday and failed to make it to the finals of the Kwan Hu Invitational Cup basketball tournament here. |
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MANILA — The famed Power Dancers of the Houston Rockets will arrive in Manila tomorrow morning, setting the stage for the biggest ever NBA Madness in the Philippines at the Araneta Coliseum, scheduled on June 2-5. |
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THE BIGGEST and the longest running foot race returns to the scene on June 26 for the kick-off leg of the 29th National Milo Marathon in General Santos City. |
ENTERTAINMENT
| As a thanskgiving gesture to Negrenses for their continued support and patronage to ABS-CBN all through the years, the network spearheaded a Summer Caravan in Bacolod City last weekend and brought to the City of Smiles many of its popular stars led among others by matinee idol Aga Muhlach and Optical Media Board Chairman Edu Manzano. |
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Noted actor Jomari Yllana has returned to his kapamilya, not his former family with Aiko Melendez and their son Andre, but the ABS-CBN network. |
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Nasa bakasyon pa po ang lolo n'yo. And from Vienna, Austria, I learned that the fourth season of "American Idol" came to an end crowning Carrie Underwood the winner. Talo si Bo Bice. Buti na lang... may B.O. na, may Bice pa! "Putok na putok" ang laban ng dalawa — kaya lang, mas "putok" si babae — imagine, CURRY UNDER (arm) WOOD! Sweet smell of success? Whatever, the careers of those two will definitely ROLL-ON! |
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THE STORY of a galaxy long ago and far away finally comes full circle. To be honest, we were less than thrilled to watch the concluding episode, fearing it would be cumbersome like Episode 2. Also, we already know what happened since the first trilogy started in 1977 with episode 4, "A New Hope", followed by "The Empire Strikes Back" and "The Return of the Jedi", and the two prequels, "The Phantom Menace" in 1999 and "Attack of the Clones" in 2002. But "Revenge of the Sith" does prove that George Lucas is indeed a master storyteller. The last installment is the best of all, the jigsaw puzzle is solved, and we see how Luke and Leia are born and how their dad, Anakin Skywalker, transforms into the villainous Darth Vader. |
OPINION
| Badian. Sounds like "bad iyan", which in English is "That's bad." |
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Sixteen of the country's leading experts in hightech printing, imaging, web publishing, photography, and animation have been tapped for the prestigious Graphic Expo 2005 seminar series, which will be held at the Philippine Trade Training Center on June 1 to 4. |
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Motorola, Inc., the global leader in wireless communications, recently unveiled RAZR BLK V3, the latest version of the popular and ultra-slim metal-clad flip phone in elegant black which has come to redefine style in wireless communications. |
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Blogging is gaining momentum as more people have embraced it and has changed the way they view the web including access to information. |
OPINION
MAKATI City remains the most progressive local government unit in the country. First recognized as a separate community in 1670, the town has seen great transformation over the last 335 years. The municipality was converted into a city on January 2, 1995, through Republic Act 7854. |
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LAST week our Family TV mass production staff video taped a special mass at the Bureau of Customs in Port Area, Manila and aired it on IBC 13. |
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THE President has every right to say that the jueteng exposés are part of the opposition tactics to make it difficult for her to govern, except that it happens that that's the job of any democratic opposition. Indeed, the strategy of opposition parties is to discredit the administration so that they can replace the latter in the next elections. |
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THE farmer was in a good mood. He had a good rice harvest three years in a row. His three children were still too young to go to school. He was then in a position to build a better house by converting his nipa hut into more substantial cement blocks and galvanized iron. Additional funds came from the proceeds of the small poultry behind his hut. |
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ADMINISTRATION allies who had earlier wanted to limit the jueteng investigation to a single hearing are now resigned to let it run its course. |
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BATTLES between the Good and Dark Forces, our local versions of the blockbuster "Star Wars," have unfolded in our midst, bringing challenges and excitement to our political life both in the national and local scenes. |
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LUNG cancer causes non-specific symptoms, and for this reason it is generally not diagnosed until it presents at a very advanced stage. Only approximately 10 percent of patients are operable at the time of diagnosis; most of the remainder will succumb to the illness within six to nine months. |
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AT the height of the oil price surges last April, President Gloria Macapagal Arroyo issued Administrative Order 117 that called for the implementation of a four-day work week to cut down the government's overhead expenses and also assist government workers in saving on their own daily expenses incurred during the five-day work week. |
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PARIS — French President Jacques Chirac named loyalist Dominique de Villepin as his new prime minister on Tuesday in a shake-up of the government following his crushing defeat over the European Union constitution. |
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AFEW years back, there was much debate about whether inexpensive imported medicines from India would be allowed to enter the Philippine market amidst resistance from multinational pharmaceutical firms. |
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SOME Sadducees, who say there is no resurrection, came to Jesus and put this question to Him, saying, "Teacher, Moses wrote for us, 'If someone's brother dies, leaving a wife but no child, his brother must take the wife and raise up descendants for his brother.' Now there were seven brothers. The first married a woman and died, leaving no descendants. So the second married her and died, leaving no descendants, and the third likewise. And the seven left no descendants. Last of all the woman also died. At the resurrection [when they arise] whose wife will she be? For all seven had been married to her." Jesus said to them, "Are you not misled because you do not know the scriptures or the power of God? When they rise from the dead, they neither marry nor are given in marriage, but they are like the angels in heaven. As for the dead being raised, have you not read in the Book of Moses, in the passage about the bush, how God told him, 'I Am the God of Abraham, [the] God of Isaac, and [the] God of Jacob?' He is not God of the dead but of the living. You are greatly misled." |
