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Post bail anew, 3 Malampaya fund scam respondents told

Post bail anew, 3 Malampaya fund scam respondents told
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House adopts reso expressing condolences on passing of FVR

MANILA - The House of Representatives on Monday adopted a resolution expressing profound condolences to the Ramos family over the death of former President Fidel V. Ramos, popularly known as FVR. Under House Resolution 120, Speaker Martin Romualdez said Ramos implemented economic reforms intended to open the "once-closed" national economy, encouraged private enterprise, invited more foreign domestic investments, and reduced corruption. "The resolute vision of former President Ramos paved the way for real economic gains that renewed the confidence of the investors in the country and brought the Philippines to a holding 'tiger economy' status, seeing robust economic growth, exceptional political stability and peace agreements with government separatists," Romualdez said. Romualdez said the former chief executive also addressed the water and electricity crisis by privatizing the water industry and reorganizing the state power company, and authorizing the creati ....

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