Aquino reallocates P1.75-B to calamity funds

GMANews.TV - 15 minutes ago

To augment the country's nearly depleted calamity funds, President Benigno Aquino III has approved the Department of Budget and Management's proposal to re-allocate P1.75 billion from unused funds to the calamity budget. Full Story »

Solon, labor group laud SC decision hitting Hacienda Luisita

GMANews.TV - 57 minutes ago

A partylist representative and a labor group on Friday lauded the decision of the Supreme Court ordering Hacienda Luisita’s sugar mill management to restore the original 13th month pay computation in favor of its workers.

Subsidy cuts would lift Philippine inflation -c.bank

Reuters - 1 hour 41 minutes ago

* Subsidy cuts would lift 2010, 2011 inflation forecasts

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