‘Loan blockade’ vs. big corporations is best behest loan antidote

20 November 2011, Comment are Off
Crony-owned or not, private corporations and their wealthy owners should be barred from dipping its hands into the loan portfolio of state banks to avoid a repeat of the alleged P660-million behest loan granted by Development Bank of the Philippines (DBP) to former Marcos trade...

P6.4B rehab of LRT, MRT to result in improved services, increased ridership

26 October 2011, Comment are Off
Sen. Ralph G. Recto today welcomed the rolling out P6.37 billion for the rehabilitation of the elevated railway lines even as he urged government to consider locally sourcing the materials or equipment needed in the planned upgrade. Recto likewise commended government for forking...

NAIA-1 should be refurbished, preserved not sold

20 October 2011, Comment are Off
Sen. Ralph G. Recto today warned that bringing in private investors to operate or acquire the Ninoy Aquino International Airport Terminal I (NAIA-1) might not be the answer to cure the 30-year airport terminal of its worst features. “If we sell to a private group, we could be...