The Daily Roundup: 22 June 2011

Not ill-gotten

The Supreme Court (SC) Tuesday affirmed with finality its April 12, 2011, decision that declared the 20 percent shares of businessman Eduardo Cojuangco Jr. in the outstanding capital stocks of San Miguel Corp. (SMC) not part of the multi-billion-peso coconut levy funds and not ill-gotten wealth.

Erap may be included in Dacer probe – DOJ

Former President Joseph Estrada will be summoned to the new investigation on the 2000 murders of publicist Salvador Dacer and his driver Emmanuel Corbito if evidence points to him as the “Bigote” implicated in the testimony of former police senior superintendent Cezar Mancao II.

Juan Manuel Marquez ‘now ready’ for Pacquiao

Hall of fame trainer Ignacio “Nacho” Beristain believes he has devised a fight plan to finally shame Manny Pacquiao.

Noy seeks to allay Europeans’ fears

President Aquino yesterday said he is thinking of directing Foreign Secretary Alberto del Rosario to assure the European Chamber of Commerce of the Philippines (ECCP) that his administration will continue foreign projects that are beneficial to Filipinos as long as these are not anomalous.

BSP seen to further hike rates, banks’ required reserves

THE CENTRAL BANK is expected to resume raising key rates and banks’ mandated reserves in order to put the economy in a better position to weather any prospective “sizeable inflation shock.”

Philippine team wins HSBC award

Environment-friendly coffee cups and food boxes made from corn cobs and rice stalks produced by small-scale farmers won for a team of young Philippine entrepreneurs the “Best of the Best Award” at the 2011 Young Entrepreneur Awards (YEA) Regional Finals of the HSBC last Monday here.

P-Noy: No faulty projects in my administration

Amid concerns raised by the European Chamber of Commerce (ECC), President Aquino maintained yesterday that faulty projects could not be allowed even if they were foreign-funded so as not to waste government resources.

Chief Justice Corona allows webcast of Maguindanao massacre trial

Chief Justice Renato Corona has allowed the live video webcast of the Maguindanao massacre trial, a spokesman for the Supreme Court said Tuesday.

Philippine winners in Cannes Lions Festival bared

The Philippine Daily Inquirer, the official country representative to the Cannes Lions Festival has announced the preliminary metals of the Philippine delegates.

UN: Cancer, diabetes kill millions, cost trillions globally

Nearly two-thirds of deaths in the world are caused by noncommunicable diseases such as cancer, diabetes and heart and lung disease which are rapidly increasing at a cost to the global economy of trillions of dollars, according to UN estimates and preliminary results of a new study.

 

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