TODAY'S HEADLINES

GALLERY | Standing ground at the 'People's SONA' 29-Jul-14, 5:02 PM | JL Burgos, special to InterAksyon.com (text and photos)

Supplemental budget for DAP projects still being done, complies with SC ruling - Coloma 29-Jul-14, 4:49 PM | InterAksyon.com | With a PNA Report

LPA is now tropical depression 'Inday' 29-Jul-14, 12:56 PM | InterAksyon.com

VIDEO, SONA 2014 | PNoy: Start thinking about 2016 28-Jul-14, 5:45 PM | InterAksyon.com (UPDATE 3: 8:42PM) President Aquino, in an emotional State of the Nation Address on Monday, challenged Filipinos to begin looking beyond his administration and decide who will continue - or stop - his reform and 'transformation' agenda in 2016.

PNoy inviting constitutional crisis by asking Congress to redefine budgetary terms - lawmaker 29-Jul-14, 11:28 AM | InterAksyon.com An activist lawmaker warned Tuesday that Congress could trigger a constitutional crisis if it heeds President Benigno Aquino III's call to pass a joint resolution defining certain budgetary terms.

POST-SONA2014 | Debt watchdog lists 3 gut issues for transformation 29-Jul-14, 7:52 AM | Freedom from Debt Coalition Did DAP reduce debt? Should Congress grant the Executive's plan for emergency powers to avert power outages next year? What major budget reforms must be pursued aside from a supplemental budget?

BUSINESS NEWS

IRC Properties soon to close property deal with Ayala Land IRC Properties soon to close property deal with Ayala Land IRC Properties Inc expects to soon close a deal with a unit of Ayala Land Inc for its sprawling property in Binangonan, Rizal.

SM Prime likely grew faster in 2Q, says exec SM Prime likely grew faster in 2Q, says exec SM Prime expects growth to have quickened in the second quarter compared with the first three months of the year.

With new default looming, Argentina urges calm With new default looming, Argentina urges calm Argentina admitted Monday it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge…

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San Miguel, Lucio Tan Group in talks for PAL buyout 28-Jul-14, 6:05 PM | Darwin G. Amojelar, InterAksyon.com San Miguel Corp is in talks for the sale of its 49-percent stake in PAL back to the Lucio Tan Group.

Sulu security breakdown alarms AFP as dead from ASG ambush now 25 29-Jul-14, 3:24 PM | Jaime Sinapit, InterAksyon.com A spokesman of the Armed Forces of the Philippines said Tuesday the massacre by the Abu Sayyaf Group (ASG) of civilians - including women and children enroute to a celebration of the end of Ramadan - is of utmost concern in terms of security, as the number of fatalities rose to 25.

PNoy's family, other controlling shareholders sell sugar heirloom 28-Jul-14, 7:23 PM| Krista Angela M. Montealegre, InterAksyon.com The family of President Benigno Aquino III and other controlling shareholders of Central Azucarera de Tarlac Inc (CAT) have divested their stake for P1.80 billion.

Millions fled homes in 2013 due to religious conflict: US 29-Jul-14, 2:36 AM| Jo Biddle, Agence France-Presse Conflicts and repression around the world last year triggered the largest displacement of religious communities in recent memory, the United States said Monday, revealing millions had fled their homes.

US-Israeli tensions rise as hostilities in Gaza subside 28-Jul-14, 11:46 AM| Nidal Al-Mughrabi and Dan Williams, Reuters Israel sees no need for another Gaza ceasefire, an Israeli official was quoted as saying on Monday, as tensions between Prime Minister Benjamin Netanyahu's government and Washington flared over US mediation to end the almost three-week-old war.

POST-SONA 2014 | PNoy missed out on post-Yolanda risk-reduction efforts - aid groups 29-Jul-14, 3:39 PM| InterAksyon.com International aid groups engaged in rehabilitation and reconstruction work in the wake of super typhoon Yolanda said President Benigno Aquino III missed out on detailing his administration's efforts to rebuild areas devastated by the storm and his 'broader disaster risk reduction policies.'

Supplemental budget for DAP projects still being done, complies with SC ruling - Coloma 29-Jul-14, 4:49 PM| InterAksyon.com | With a PNA Report UPDATE 6:31PM - There is no fixed amount yet for the 2014 supplemental budget that President Benigno Aquino III is asking Congress to pass to cover projects previously funded by DAP because the Budget department is still working on it, a Palace official said Tuesday.

10 projects that just might solve Mindanao's power crisis 28-Jul-14, 10:18 AM| Euan Paulo C. Añonuevo, InterAksyon.com For much of PNoy's first 3 years in office, Mindanao's power sector has been in crisis, spurring investment in what is hoped could finally solve the region's problems.

 
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