Banner stories of Manila's leading newspapers, Saturday, Sept. 5, 2015 - PH Trending

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Saturday 5 September 2015

Banner stories of Manila's leading newspapers, Saturday, Sept. 5, 2015


BUSINESS MIRROR -- BSP hints tweaking rates soon
Upside risks to inflation were top of mind among the economic managers on Friday, when the rate of change in prices edged still closer to zero in August to 0.6 percent from 0.8 percent in July…

INQUIRER -- 4 COA execs tied to scam
Four officials of the Commission on Audit (COA), including a now retired commissioner and state auditors, did not only look the other way but also helped officials of National Agribusiness Corp. (Nabcor) go around adverse reports involving spurious liquidation papers in exchange for cash and gifts, according to witnesses in the new P500-million pork barrel scam case.

Party chairman Drilon predicts senator will run for President
SENATE President Franklin Drilon said  Friday  he has given up on getting Senator Grace Poe to be the running mate of Liberal Party standard-bearer and Interior Secretary Manuel Roxas II in the presidential elections next year.
“In my view, Senator Grace Poe is a candidate for president. The writing is on the wall; she will run,” Drilon said…

MANILA TIMES -- LP should drop Grace – Drilon
SENATE President Franklin Drilon wants the Liberal Party (LP) to stop courting Senator Grace Poe to team up with Interior Secretary Manuel “Mar” Roxas 2nd, saying all efforts to convince her to run for Vice President is useless because she is also aspiring for the presidency…

PHILIPPINE STAR -- House rejects gov't push for higher VAT
MANILA, Philippines - While Malacañang won’t cut income taxes, the House of Representatives is also unlikely to approve the Aquino administration’s proposal to increase the value-added tax (VAT) from 12 to 14 percent.
Senior lawmakers slammed Malacañang yesterday for opposing the legislation to reform the country’s income tax system, asking the Palace to double-check its revenue projections and “show compassion” to fixed-income earners…

MANILA BULLETIN -- Almendras new traffic czar
Cabinet Secretary Jose Rene Almendras is turning out to be President Aquino’s troubleshooter.
With no clear solution in sight for the worsening traffic problem, particularly in Metro Manila, Malacañang is pinning its hopes on the managerial skills of Almendras to solve or at least ease the gridlock by designating him as the country’s traffic czar…

TRIBUNE -- LP drops Grace
Poe ‘not worthy’ to be Mar’s VP—Erice2016 with her political soulmate, Sen. Francis “Chiz” Escudero, as her vice presidential candidate.
Dropping Poe was the same message in the LP-dominated House of Representatives…

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