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Inflation hits 17-year high

The vegetable section of a Manila market on Friday draws few buyers. The government warned that the 17-year-high inflation rate of 12.5 percent in August could impact economic growth targets for this year.
AFP Photo

August rate at 12.5%, growth targets in peril

Inflation surged to 12.5 percent in August, a 17-year high, the government said Friday, warning that the rise could impact economic growth targets for this year.

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President Gloria Arroyo urged Congress on Friday to pass a P1.415-trillion ($30.2-billion) budget providing more money for infrastructure and food aid amid a global economic downturn.

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T O P   S T O R I E S

·  Filipinos on fixed incomes vulnerable
·  Group prods MILF to keep fighting, as rebels hold back
· 

Unrest in South may spread to neighbors–analysts warn

· Republican nominee McCain promises to fight for change
· Thousands volunteer for Palin’s job as VP
· Court decision on executive privilege draws cheers, jeers
   

M E T R O

Malacañang told the Senate to close its probe on the controversial national broadband network deal after the Supreme Court ruled Thursday that former Socio-economic Planning Secretary Romulo Neri cannot divulge his conversation with the president on the project.

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R E G I O N S

GENERAL SANTOS CITY: The official spokes­man of World Boxing Council lightweight champion Manny Pacquiao said on Friday that allegations of a comeback fight between him and incumbent Rep. Darlene Antonino-Custodio in 2010 is misleading.

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B U S I N E S S

THE country’s dollar reserves fell slightly last month as the value of local gold holdings slipped in line with recent weakness in the price of the precious metal, the Bangko Sentral ng Pilipinas (BSP) said Friday.

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S P O R T S

NEW YORK: For Roger Federer to win his fifth US Open title in a row, the Swiss second seed must prove he still has what it takes to beat Novak Djokovic, this time in a semifinal rematch of last year’s final.

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T E C H   T I M E S

"Spore", the eagerly-awaited computer game five years in the making allowing people to play God by re-creating the universe, hits stores worldwide this week.

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OPINION

EDITORIAL
Cordillera turns back on autonomy

AS the drumbeat for an enlarged Autonomous Muslim Region or a Bangsamoro Juridical Entity grows louder in Mindanao, the Lumad people have begun to press Malacañang for self-rule. Other minorities in Mindanao, and the Visayas are eyeing self-determination, spurred by the demands of the Moro Islamic Liberation Front and worried by possibilities that a Bangsamoro entity would swallow up Mindanao’s teeming ethnics.

Full Story>> 
·

Elmer A. Ordoñez: The Bangsamoro crucible

· Anabelle E. Plantilla: On gas pains and human thought
· Tony Lopez: Let’s woo Chinese money
· Jose A. Carillo: Dealing properly with reported speech
· Atty. Emmanuel Q. Fernando: Economic competitiveness
· Values in the nursing profession
· LETTER : ‘Maguindanao article missed essential truths’

Business Columnist

·

Moje Ramos-Aquino, FPM: Seven ages of the leader (Part 1)

.

World

Thai Senate okays first
reading of referendum bill


BANGKOK: Thai Senate voted overwhelmingly Friday to pass the first reading of a public referendum bill aimed at breaking the current political impasse in the country.

.

Full Story>>

Life & Times

Women pose for a noble cause

They say a picture is worth a thousand words, photos do more than just capture and showcase the beauty or story behind the image. Photos also have the power to draw emotions and inspire us to take positive action.

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