5/20/2005

SOUNDBYTES (From May 19 issue)

Traders freeze prices of school supplies
Prices of school supplies such as pencils, crayons, ball pens, writing pads and notebooks, will remain as they are, the DTI assured parents and students after a meeting with suppliers, distributors and retailers.
-30-

Upgrade of Camotes airstrip planned
The Mactan Cebu International Airport Authority and the provincial government of Cebu have agreed to pool funds and improve the airstrip in the town of Poro on Camotes
Island, a potential top tourist destination.
-30-

Gov't limits tuition hikes
The Commission on Higher Education is ordering all private colleges and universities to keep tuition fee increases at par with inflation, which was 8.5% in April,as determined by NEDA.
-30-

Bill on LPG
A bill setting the inspection and supervision framework for the refining, importation, refilling, distribution, and marketing processes of the liquefied
petroleum gas industry was filed by Sen. Manuel Roxas.
-30-

DepEd promises to update GSIS records of workers
The Department of Education said in four months’ time the GSIS records of the agency will be updated especially those of “retired and active” government educators.
-30-

Small players get bigger share of LPG market
Small oil players continue to eat up a major portion of the liquefied petroleum gas market proving that the oil deregulation law has benefited that oil firms, specially
the new ones.
-30-

Oil prices down to $48.25
Oil prices eased after the Organization of Petroleum Exporting Countries pledged to
keep pumping at almost full tilt even as crude stockpiles in the United States remained abundant.
-30-

Give gov’t enough time for fiscal programs- solons
House leaders urged the people to give the Arroyo administration enough time for its fiscal and good governance reforms program to take positive effect, including the
value-added tax, the final component of its urgent fiscal agenda.
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