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Showing posts from December, 2010

Hubert Webb leads Google Trends

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Barely three days after he and his co-accused were acquitted by the Philippine Supreme Court, Hubert Webb has been all over the television and surprisingly, at the top of the Google Trends.

The controversial decision of the SC, which to quote "REVERSES and SETS ASIDE the Decision dated December 15, 2005 and Resolution dated January 26, 2007 of the Court of Appeals in CA-G.R. CR-H.C. 00336 and ACQUITS accused-appellants Hubert Jeffrey P. Webb, Antonio Lejano, Michael A. Gatchalian, Hospicio Fernandez, Miguel Rodriguez, Peter Estrada and Gerardo Biong of the crimes of which they were charged for failure of the prosecution to prove their guilt beyond reasonable doubt. They are ordered immediately RELEASED from detention unless they are confined for another lawful cause."

In its decision, the court said what is important in the country's justice system is
"not whether the court entertains doubts about the innocence of the accused since an open mind is willing to explore a…

LBP lends P7B to priority sectors in 2010

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Land Bank of the Philippines has lent a total of P7.01 billion to its priority sectors in Region XI, with the local government sector getting the highest loan portfolio of up to P4,942.05 billion as of the end of October 2010.

LBP XI regional head Vice President Camilo Leyba said the government is the best sector to lend money to, considering that it has a 100 percent repayment rate.

"The payment or amortization for their loans is already included in their yearly budget and is just debited to their accounts," Leyba said.

He admits they have a problem collecting from the small farmers who are most often faced with poor harvest and other problems that prevent them from paying their debts on time.