Author: DAVAO TODAY

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‘I’m not going to Melo panel; Ermita cannot speak for me’ — Satur

MANILA — House Deputy Minority Leader and Bayan Muna President Satur Ocampo
today categorically denied that he has agreed to testify before the
Melo Commission regarding extrajudicial killings of activists,
including 130 members of Bayan Muna.

“I have not made any statement that we are ready to appear before the
Melo Commission. Executive Secretary Eduardo Ermita is not authorized
to speak for me or Bayan Muna,” said Ocampo.
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Arroyo lauds 6.9% GDP growth

Statement of the President: On economic growth in the 1st quarter of 2007

I am pleased to announce that the economy has shown rather strong growth in the first quarter of 2007. Gross domestic product or GDP grew by 6.9 percent, while gross national product or GNP grew by 6.6 percent. This is a great sign that we will meet our GDP growth target of 6.1 to 6.7 percent for 2007.
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Philippines posts robust 6.9% growth in 1st qtr

The government said today that the Philippine economy grew by an impressive 6.9 percent in the first quarter of 2007, surpassing the forecast of between 5.3 and 6.1 percent. The services sector proved crucial for this growth, growing at 9.1 percent. "The Philippines is on a roll," President Gloria Macapagal-Arroyo said this morning in Australia.

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New Zealand firm signs pact with Philippines on food trade

AUCKLAND, New Zealand (via PLDT) – The Philippines and the Sanitarium Health Food Company (SHFC), a leading New Zealand food manufacturer, have forged a partnership agreement intended to bolster the two-way trade of food items between the Philippines and New Zealand
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Philippines ready for oil price increases

MANILA — The government is ready to implement its old but effective measures to avert the domino impact on the domestic fuel prices of oil price increases in the global market.

Executive Secretary Eduardo Ermita said in his weekly press briefing in Malacanang this afternoon that this is in response to the plan of multinational oil companies to impose a series of oil price hikes in the next few weeks.
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