Loren warns of growing public debt

December 28, 2009

SENATOR LOREN LEGARDA YESTERDAY WARNED OF A WORSE FISCAL CRISIS NEXT YEAR DUE TO THE “EXTRAVAGANCE AND OVER-BORROWING OF THE ARROYO ADMINISTRATION” IN THE PAST NINE YEARS.
Loren issued the warning after Moody’s Investors Service reported that 2010 may prove to be a “tumultuous year” for sovereign debt issuers and this includes the Philippines.”
Loren said that this means that the Philippines would have a hard time soliciting foreign loans next year to fund its requirements not only for necessary […]

Read More

NPC says Loren is VP bet to beat

December 27, 2009

MANILA, PHILIPPINES – BARRING ANY HITCHES, THE LEADERSHIP OF THE NATIONALIST PEOPLE’S COALITION (NPC) EXPRESSED CONFIDENCE YESTERDAY THAT SEN. LOREN LEGARDA WILL EMERGE AS THE WINNER IN THE VICE PRESIDENTIAL RACE IN THE MAY 2010 ELECTIONS.
NPC spokesman Rex Gatchalian said they are not surprised at all that the female legislator is leading in the surveys, as shown by the latest one released by Pulse Asia. He added this “elated” party members and even “inspired” them to do more in […]

Read More

‘Why the delay in X’mas bonus for gov’t workers?’

December 27, 2009

AMID COMPLAINTS FROM GOVERNMENT EMPLOYEES OVER THE DELAY IN THE GRANT OF THE P7,000 CHRISTMAS BONUS, SENATOR LOREN LEGARDA ON SUNDAY ASKED THE DEPARTMENT OF BUDGET AND MANAGEMENT TO EXPLAIN WHY IT WAITED UNTIL THE LAST MINUTE TO RELEASE THE PROMISED INCENTIVE.
“Government workers were promised the cash gift long before Christmas, yet the DBM seems to have other priorities as many of them had yet to receive the year-end bonus before Christmas Day, ” she said.
The delay, Loren […]

Read More

Loren: Gov’t lax in enforcing sea safety standards

December 27, 2009

THE LATEST MARITIME TRAGEDY COULD HAVE BEEN PREVENTED HAD GOVERNMENT AUTHORITIES BEEN MORE CAREFUL IN ENSURING THE SEAWORTHINESS OF INTER-ISLAND VESSELS, ACCORDING TO SENATOR LOREN LEGARDA.
“The Christmas Eve collision of a passenger ferry and a fishing boat at Manila Bay underscores once more the shortcomings of the concerned government agencies in the proper monitoring of maritime vessels,” Loren said.
The collision between the wooden-hulled passenger ferry M/V Catalyn B and the steel-hulled fishing vessel F/V Anatalia off the coast of […]

Read More

Green Moms back Loren’s VP bid

December 26, 2009

FILIPINO MOTHERS WHO DESIRE A “CLEANER AND GREENER” PHILIPPINES FOR FUTURE GENERATIONS HAVE BANDED TOGETHER TO FORM THE ENVIRONMENTAL GROUP GREEN MOMS IN SUPPORT OF THE VICE PRESIDENTIAL CANDIDACY OF SENATOR LOREN LEGARDA.
Calling themselves GMoMs, members of the group underscored the urgency of electing to public office leaders like Senator Legarda who has been consistent in their pro-environment actions.
“We need not only a greener Philippines for our children and our children’s children, but also one that is able […]

Read More