Latest news from ABS-CBN http://www.abs-cbnnews.com/ ABS-CBN Interactive, Inc. Wed, 14 May 2008 15:44:59 GMT http://backend.userland.com/rss RSS.NET: http://www.rssdotnet.com/ 30 Watch video http://www.abs-cbnnews.com/storyPage.aspx?storyId=118246 ABS-CBN News Wed, 14 May 2008 15:44:59 GMT Watch video http://www.abs-cbnnews.com/storyPage.aspx?storyId=118245 ABS-CBN News Wed, 14 May 2008 15:26:21 GMT Watch video http://www.abs-cbnnews.com/storyPage.aspx?storyId=118244 ABS-CBN News Wed, 14 May 2008 15:14:26 GMT LIMELETTE, Belgium - Women's world number one Justine Henin on Wednesday announced her retirement from competitive tennis, at a press conference in her native Belgium. "I have decided to put an end to my tennis-playing career," she said, confirming reports in the Belgian press that she was quitting the sport while still enjoying a firm lead at the top of the world rankings. http://www.abs-cbnnews.com/storyPage.aspx?storyId=118243 ABS-CBN News Wed, 14 May 2008 14:59:59 GMT Matinee idols Piolo Pascual and Sam Milby on Wednesday dropped the P12 million libel case they lodged against entertainment columnist and talent manager Lolit Solis. The case stemmed from Solis's "Take It, Take It" column where she alleged that she saw the two actors looking sweet and whispering to each other near the poolside coffee shop of the Hotel Sofitel. http://www.abs-cbnnews.com/storyPage.aspx?storyId=118242 ABS-CBN News Wed, 14 May 2008 14:54:02 GMT A top Malacaņang official on Wednesday allayed fears about an alleged secret nuclear submarine base of the Chinese government in the South China Sea. "I don't think there should be so much concern on this because after all, all countries in this part of the world are after regional peace and stability, and I'm very sure they would know that is not intended for something that will destabilize the security situation in the region," Executive Secretary Eduardo Ermita said in a press briefing at the Palace. http://www.abs-cbnnews.com/storyPage.aspx?storyId=118241 ABS-CBN News Wed, 14 May 2008 13:59:05 GMT The government is studying the pros and cons of slashing the value-added tax (VAT) on electricity and oil products, Executive Secretary Eduardo Ermita announced Wednesday. The study is being conducted by President Arroyo's economic managers led by Finance Secretary Margarito Teves. "Our economic managers would have to come up with a study and let the President know up to what extent it will affect our generation of resources for our projects," he said. http://www.abs-cbnnews.com/storyPage.aspx?storyId=118239 ABS-CBN News Wed, 14 May 2008 13:39:42 GMT There appears to be a conscious effort to put a close to the bribery-extortion chapter in the book of violations allegedly committed by Korean company Hanjin Heavy Industries Inc. Key personalities were no shows at the resumption of the Senate investigation on the company's shipyard projects in Misamis Oriental and Zambales. http://www.abs-cbnnews.com/storyPage.aspx?storyId=118238 ABS-CBN News Wed, 14 May 2008 13:19:54 GMT Lingayen-Dagupan Archbishop Oscar Cruz posted bail on Wednesday after an arrest warrant was issued on the libel case filed against him by employees of the Philippine Amusement and Gaming Corporation (PAGCOR). http://www.abs-cbnnews.com/storyPage.aspx?storyId=118237 ABS-CBN News Wed, 14 May 2008 13:04:29 GMT Tacloban City- Unlike the five private high schools in Leyte which were given approval by the education department to increase their tuitions this June, private colleges in Region VIII will not impose any tuition hike. http://www.abs-cbnnews.com/storyPage.aspx?storyId=118236 ABS-CBN News Wed, 14 May 2008 13:03:29 GMT