The Nacionalista Party (NP; Spanish/Filipino: Partido Nacionalista, "Nationalist Party") is the oldest political party in the Philippines today and was responsible for leading the country throughout the majority of the 20th century since its founding in 1907.
There are no results available of the last elections for the House of Representatives, but according to the website of the House, the party holds five out of 235 seats (state of the parties, June 2005). The party was, at the 2004 elections a member of the Koalisyon ng Katapatan at Karanasan sa Kinabukasan (K-4, Coalition of Truth and Experience for Tomorrow), the coalition that supported president Gloria Macapagal-Arroyo, who won the 2004 presidential elections. In the 14 May 2007 election, the party won 6 seats.
Before the late strongman Ferdinand Marcos imposed martial law in September 1972, there were only two dominant political parties that took turns at the helm of the state from the time the country gained independence, namely, the Nacionalista Party and the Liberal Party. Occasionally, a third force or independent candidate would challenge the stranglehold of the two giants but not one had succeeded in disturbing the two-party system in place.
Founded in 1907, Partido Nacionalista or Nacionalista Party (NP) is the oldest political party in the country. The Partido Liberal or Liberal Party ...
Okay, Maybe Donald Trump Has Got It Right This Time On December 4, President-elect Donald Trump sent out a couple of tweets that the “liberal media” immediately pounced on as “warmongering” by an obviously unqualified diplomatic novice who will soon be moving into 1600 Pennsylvania Avenue. There were concerns that Trump could start a trade war with China. As well as reminders that China holds a significant portion of United States’ debt and thus the incoming president should tread lightly least China decides to call in all those I.O.U.s ...
Ex-Petron execs cleared in tax scam The Sandiganbayan has dismissed the graft charges filed against four former executives of Petron Corp. who were accused of defrauding the government of P700.74 million in revenues in connection with the tax credit scam in the 1990s.
The antigraft court cited the Supreme Court's 2010 ruling that held the oil giant in good faith when it bought tax credit certificates (TCC) from garments firms that allegedly obtained the perk from the Department of Finance using fraudulent documents.
In two separate resolutions dated March 2, the court's Special Fourth Division granted the motions to dismiss filed by former Petron president Monico Jacob, vice president and general manager Celso Legard...Keep on reading: Ex-Petron execs cleared in tax scam
Oil firms cut pump prices Local oil firms are implementing yet another round of price cuts, this time with bigger reductions of 80 centavos per liter for gasoline and P1.10 for diesel effective today.
As of press time, companies that have announced price cuts included Pilipinas Shell Petroleum Corp., Flying V, PTT Philippines Corp., Phoenix Petroleum Philippines Inc., Eastern Petroleum Corp. and Petron Corp.,
Shell, Flying V, and Petron also said they were reducing the prices of kerosene by 1.20 centavos per liter.
Monitoring by the Department of Energy (DOE) showed that in Metro Manila, the latest price changes would bring prices of gasoline to the range of P38.60 to P47.29 a liter at the pump.
Price...Keep on reading: Oil firms cut pump prices
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