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SC math on Napocor back pay questioned

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Supreme-court-building

Why pay some 9,000 National Power Corp. (Napocor) employees P62 billion in back wages when majority of them were rehired a day and a month after they were retrenched in 2003?

Posted: December 5th, 2014 in Latest News Stories,Nation | Read More »

Firm paid amid spill cleanup doubts

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SIGNS of bunker oil still coat the rocky coastline of Barangay Botongon in Estancia, Iloilo. NESTOR P. BURGOS/INQUIRER VISAYAS

A company which a top provincial official said had no previous record in oil spill cleanup had been paid 90 percent for a cleanup job that had been described as inadequate in a town poisoned by nearly a million liters of bunker fuel at the height of Supertyphoon Yolanda last year.

Posted: October 10th, 2014 in Headlines,Latest News Stories,Regions,Regions | Read More »

Aquino tells why he’s open to 2nd term

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President Benigno Aquino III. INQUIRER FILE PHOTO

President Benigno Aquino III opened another vein of endless speculation when he again hinted at entertaining thoughts of running for a second term, telling leaders of the ruling Liberal Party (LP) and their allies in Malacañang on Friday that he was “slightly open” to the idea of extending his term of office beyond 2016.

Posted: September 14th, 2014 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

5 senators support emergency powers

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Senators Francis Escudero, Sonny Angara, Grace Poe, Ralph Recto and JV Ejercito. INQUIRER FILE PHOTOS

Senators are inclined to grant President Benigno Aquino III emergency powers to avert the threat of a power crisis, but with a caveat: Avoid the costly power deals forged during the Ramos administration.

Posted: September 13th, 2014 in Editors' Picks,Headlines,Latest News Stories,Nation,Nation | Read More »

SolGen: SC prevented big damage to economy

By
florin hilbay

The Office of the Solicitor General (OSG) on Wednesday welcomed the Supreme Court’s ruling suspending its earlier order for National Power Corp. (Napocor) and Power Sector Assets and Liabilities Management Corp. (PSALM) to pay P62 billion in back wages to retrenched NPC employees, saying such hefty payout would have imperiled the power sector, the economy and consumers.

Posted: September 11th, 2014 in Latest News Stories,Nation | Read More »

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