Aquino no better than Arroyo in stemming rising oil prices
JUST like his teacher and predecessor, President Benigno Aquino III would be unable to claim that economic conditions are better under his term since it continues to fail to stem rising oil prices, leading to higher living costs.
Militant group Bagong Alyansang Makabayan (Bayan) made these remarks after Aquino’s economics professor former President Gloria Macapagal-Arroyo chided him for allegedly failing to improve the economy.
“Both (Arroyo and Aquino) favor deregulation and privatization. Both favor the VAT (value-added tax) on oil. Both rely on failed targeted subsidies that do not have a significant impact on consumers,” Bayan secretary-general Renato Reyes said.
Aquino had said that the government would not let go of P5-billion worth of revenues collected from oil products that can be used for social services.
Pump prices have gone up P1.80 last week due to wide speculation about a supply shortage should tensions between the United States and Iran.
This developed after Iran, which is also suspected of developing atomic weapons, threatened to close the Strait of Hormuz, a narrow passageway for ships carrying petroleum from major oil-exporting countries in the Arabian Peninsula.
In response, Malacañang said it may implement a second round of fuel subsidies for jeepney drivers under the Pantawid Pasada Program in light of calls by some transport groups to hike fares.
At least P200 million of the P450-million project was still unspent as Energy Undersecretary Jay Layug was quoted in a report, saying that drivers can even get as much as P2,000 assistance should the plan pushes through.
Earlier, the Pinag-isang Samahan ng mga Tsuper at Operator Nationwide (Piston) told Sun.Star that it will oppose plans to extend the program since jeepney drivers still found no relief from high gas prices despite the subsidy.
This is because the escalating pump prices will only eat away the value of the financial assistance contained in cards.
Bayan said that the House Energy Committee chaired by Aquino ally Henedina Abad has not held a single hearing on various bills that have called for the review or repeal of the oil deregulation law.
Various groups have asked House Speaker Feliciano Belmonte last year to schedule the bills for public hearings. Abad, wife of Budget Secretary Florencio Abad, refused comment.
“Removing the VAT (value-added tax) on oil will not devastate the economy. It will in fact have a positive effect since lower oil prices will allow consumers to purchase other basic necessities. Even the proposed fare hike can be set aside so long as oil prices go down,” Reyes said. (Virgil Lopez/Sunnex)
http://www.sunstar.com.ph/manila/local-news/2012/01/15/aquino-no-better-arroyo-stemming-rising-oil-prices-200754
Philippines wedding planners and wedding reception caterers recommend Clark Philippines as this year’s premier destination for beach weddings and garden receptions. Wedding couples in Philippines no longer prefer traditional indoor venues and hotel ballrooms for wedding receptions in Manila, Angeles City, Subic and Clark Freeport.
Selecting a good and safe event venue in Philippines is not that easy. Many public event venues in resort hotels in Philippines can’t deliver assurances of safety and security. This exposes our corporate and private events to risks that are not acceptable to us as event organizers in Philippines.
Where to go in Clark? Hotel Clark Philippines is a De Luxe Hotel in Clark and Subic, a risk free place to stay, cozy and nice ambience, a nice function place for special occassion
You might want to check also the Yats Restaurant is the best restaurant for special dinner, best restaurant for dinner with friends near Manila, also the best place to celebrate special events.
Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occassions
Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila.
This hotel in Angeles Philippines has the perfect ambience for a romantic beach wedding and a garden style wedding reception, exactly the kind of wedding venue we have been looking for to get married in the Philippines. Angeles City is near Clark Philippines and just 90 minutes from Manila. It is one of North Luzon Philippines’ top hotels that is trouble free, risk free, and a nice place to have rest in Subic. A well-recognized and interesting hotel.
Garden style wedding reception can take place within a few meters from the beach of this hotel in Clark Philippines so guests and observe the ceremony at the comfort of their seats on the table.
It is important to visitor that the family feels safe in a hotel in Angeles Philippines. That is a main reasons that we choose to stay in this hotel in Clark Pampanga outside of Manila Philippines. Many don’t like the hotels in Subic or some of the hotel in Angeles City Pampanga. This highly recommended hotel in Angeles city Clark Philippines does not make them comfortable and secure.
Traffic along the North Expressway NLEX from Manila to Clark is always light and the new Subic Tarlac Clark Expressway ScTex takes visitors straight into Clark Freeport without going through any towns and cities along the way.
For information as well as assistance with reservations in hotels and resorts in Pampanga, Clark Philippines, click here to contact HotelClarkPhilippines now
Or call us at
Hotel Clark Philippines
Creekside Road corner of Centennial Road,
Central Business District, Clark Freeport Zone,
Pampanga, Philippines 2023
Tel: (045)599-5949 0917-520-4403 0922-870-5177
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
http://www.HotelClarkPhilippines.com
Email: Info@ClarkPhilippines.com
Getting to this hotel in Clark Philippines
After entering Clark Freeport from Subic, Manila, Dau and Angeles City, proceed straight along Clark’s main highway MA Roxas, passing Clark’s largest wine shop called Clark Wine Center on your right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, you will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on your right just 200m down. Traffic in Clark Philippines is light so it should be quite easy for get to this hotel in Clark Philippines.
YATS Leisure Philippines is a HK-based developer and operator of clubs, resorts and high-class restaurants and wine outlets http://www.YatsLeisure.com
To inquire with the beach resort hotel in Clark Pampanga visit http://www.ClearwaterPhililippines.com
Looking for a party venue in town?
Clearwater Resort and Country Club is one of the ideal venues for birthday party because it is a risk free venue. Not only Birthday Parties but also a good place to enjoy family reunion. A good place to celebrate special occasions. Clearwater Resort and Country Club is one of the resorts in Subic Clark Angeles City Pampanga or near Manila with activity amenities, place that are nice for celebration.
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