CA affirms ruling in favor of Maynilad in rate hike arbitration case

The Court of Appeals has affirmed a lower court’s decision upholding Maynilad Water Services, Inc.’s legal victory over the delayed implementation of a tariff hike......»»

Category: financeSource: philstar philstarJun 14th, 2018

CA upholds ruling in favor of Maynilad in arbitration case

HIGHER water rates may await customers of Maynilad Water Services, Inc. This comes after the Court of Appeals (CA) affirmed a lower court’s ruling upholding Maynilad’s entitlement to the inclusion of corporate income tax in its tariff and the rebasing adjustment that Maynilad had proposed for January 1, 2013 to 31 December, 2017. Maynilad parent Metro [...] The post CA upholds ruling in favor of Maynilad in arbitration case appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 14th, 2018

Maynilad seeks provisional tariff hike

The country's largest water concessionaire Maynilad Water Services Inc. has asked the government to consider allowing a provisional water tariff increase to stagger the impact of rate adjustment needed to cover the indemnity claim already won through an arbitration process. Last September, the Regional Trial Court (RTC) in Quezon City confirmed the decision of an international arbitration panel awarding Maynilad about P3.4 billion in indemnity for the non-implementation of tariff rate increases under its concession. The government, however, is still appealing this in court. Jose Ma. Lim, president of Maynilad's parent firm Metro Pacific Investments Corp., said in a recent brief...Keep on reading: Maynilad seeks provisional tariff hike.....»»

Category: newsSource:  inquirerRelated NewsNov 21st, 2017

Ahead of ASEAN Summit, senators urge gov t to enforce West PH Sea ruling

MANILA, Philippines – Senators on Thursday, November 9, called on the Duterte administration to enforce the Permanent Court of Arbitration (PCA) ruling in favor of the Philippines, involving the historic case filed against China over the West Philippine Sea (South China Sea). Senators Paolo Benigno Aquino IV, Franklin Drilon, Francis Pangilinan, and Antonio ........»»

Category: newsSource:  rapplerRelated NewsNov 9th, 2017

Govt reviews arbitration ruling favoring Maynilad’s P3.4-B claim — Palace

MALACANANG is studying its next move after an arbitration tribunal ruled in favor of Maynilad Water Services, Inc., which has been claiming P3.4 billion from the government for losses it incurred following a delay in the implementation of its tariff scheme from 2013 to 2017, a spokesman said on Thursday. In a statement, Ernesto Abella [...].....»»

Category: newsSource:  manilatimes_netRelated NewsJul 27th, 2017

Solid as a Rock: Vitug explains the historic maritime ruling

ON JULY 12, 2016, a 479-page verdict stated that a tribunal of the Permanent Court of Arbitration (PCA) ruled in favor of the Philippines in its maritime dispute with China over the West Philippine Sea. The PCA concluded that China’s claim of historic rights falling within its so-called nine-dash line had no legal basis. Two years after the victory, the Philippines has yet to completely assert its sovereignty over the territory......»»

Category: financeSource:  bworldonlineRelated NewsJul 31st, 2018

Palace lauds CA decision on Rappler petition

      Malacaang lauded on Friday the decision of the Court of Appeals decision dismissing the petition of online news site Rappler to reverse the Securities and Exchange Commission's (SEC) ruling revoking its business registration.   "The decision of the Court of Appeals affirms that the Securities and Exchange Commission (SEC) was correct to revoke Rappler's registration based on its previous investigation," Presidential Spokesperson Harry Roque said in a statement. READ: Rappler was not fully Filipino owned -- CA   The decision, Roque said,supports the Palace stance that this case does not involve press freedom, but the regulatory po...Keep on reading: Palace lauds CA decision on Rappler petition.....»»

Category: newsSource:  inquirerRelated NewsJul 27th, 2018

Appeals court rules Piatco lawyer fees illegal

The Special 11th Division of the CA, in a decision dated June 4, upheld the Mandaluyong Regional Trial Court Branch 31’s ruling that junked the government’s petition for recognition and reinforcement of the final award of the arbitration case......»»

Category: newsSource:  philstarRelated NewsJun 8th, 2018

Palace: Phl not taking soft stance on China

The Palace denied it is going soft on China amid reports of a resumption of build-up over disputed portions of the South China Sea (SCS) that foreign ministers of the Association of Southeast Asian Nations (Asean) have criticized. Presidential spokesman Harry Roque said the Philippines shares Asean leaders’ concern regarding China’s aggressive actions on what is said to be the world’s busiest waterways.The recently concluded Asean foreign and defense ministers in Singapore issued a statement that did not name China but said that “land reclamations and activities in the area . . . have eroded trust and confidence, increased tensions and may undermine peace, security and stability in the region.” The Asean ministers resolved to expedite the code of conduct (CoC) on how to negotiate with China regarding overlapping maritime claims.“Asean’s concern on the Chinese build-up is right because Asean, as a regional bloc, wants to adhere to discussions pertaining to the code of conduct,” Roque said.“We cannot be not joining the call because the Philippines is one of those concerned in this campaign,” he added.Roque also disputed views that Manila is not among those insistent in pressing Beijing to speed up the CoC drafting. “We are not being too soft (on China) but we have an established policy on that. Number one, of course, is we are one with Asean in recognizing that this is a concern for all Asean countries. Particularly that of the freedom of navigation in the West Philippine Sea,” Roque said.“Our common concern is peace security and stability in one of the world’s busiest sea lanes,” he added.During Manila’s hosting of the Asean last year, President Duterte did not cite the Permanent Court of Arbitration (PCA) ruling that nullified Beijing’s sweeping claim over nearly the entire South China Sea.It was the Philippine government that contested China’s nine-dash-line claim before the Hague court. China, however, refuses to recognize it.Apart from the Philippines, other Asean countries also have overlapping claims at the South China Sea including Vietnam, Malaysia and Brunei.Reclamation to continueChina in its known mouthpiece Global Times said Beijing is concentrating on civil and not military construction on islands in the South China Sea but insisted that the Chinese “will expand land reclamation.”“Most of the construction on islands in the South China Sea were completed in 2015 and the pace then slowed. Civilian facility construction is the major focus of the South China Sea islands building and the portion of defense deployment is relatively small,” Global Times quoted Chen Xiangmiao, a research fellow at the National Institute for the South China Sea.The size of some South China Sea islands will be further expanded in future through more dredging in the South China Sea region, Chen said.The relationship between China and other Southeast Asian countries, such as the Philippines, has becalmed in recent years, providing a golden opportunity for China to upgrade these areas, he said.China and the Philippines are enjoying good terms as President Rodrigo Duterte maintains a friendly policy toward China, Chen said. “But there is still some domestic pressure that urges Duterte to take a tough stance on China and the South China Sea issue,” Chen said.Foreign media like to hype China’s construction in the South China Sea as they try to make excuses to prevent China’s activities in this region, Zhuang Guotu, head of Xiamen University’s Southeast Asian Studies Center, told the Global Times.“China has the right to build whatever it needs within its territory,” Zhuang said.China’s military deployment in the South China Sea region was “not for military expansion,” but to defend its security and interests, he said.Zhuang and Chen warned the US is the biggest threat to stability in the South China Sea.“The US, Australia, Japan and other allies will constantly provoke China over this issue and that will incite other neighboring South China Sea countries to do the same,” Zhuang said.China’s construction projects in the region covered about 290,000 square meters in 2017, including new facilities for underground storage, administrative buildings and large radar, according to a report released in December on the website run by the National Marine Data and Information Service and People’s Daily Overseas edition. No foreign vessels at BenhamThe Armed Forces of the Philippines (AFP) has not monitored any foreign vessels at the Philippine Rise, formerly known as Benham Rise, during its latest patrol in the area. Lt. Col. Isagani Nato, AFP-Northern Luzon Command (Nolcom) spokesman, said that based on the latest patrol conducted by Nolcom troops, there was no presence of foreign ships at Philippine Rise.“As of now, we don’t have a report that there is presence (of foreign vessels) in Benham Rise,” said Nato.Earlier, Agriculture Secretary Emmanuel Piñol announced that President Duterte has banned foreign ships at the Philippine Rise and ordered the military to patrol the area.The announcement came following an uproar from government critics after the Duterte administration allowed the Chinese to conduct scientific research at the Philippine Rise.Nato, however, said that Nolcom is yet to receive official order regarding the matter.But Nato maintained that with or without the latest directive, Nolcom has regularly conducted air and maritime patrols along Philippine Rise.Apart from Nolcom, the Air Force and the Philippine Navy, Nato said that the Philippine Coast Guard, the Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine National Police-Maritime Group (PNP-MG) also conduct their own patrol in the area.He said the Nolcom uses air and naval assets of the Navy and the Air Force units under its jurisdiction.“We conduct our patrols regularly. It is a mandate of Nolcom forces so that is continuous with or without the directive from higher ups,” said Nato.According to Nato, Nolcom conducts three to four maritime and air patrol at Philippine Rise per month as part of the government efforts to secure the country’s maritime domain.ML ruling lauded, hitThe Supreme Court’s (SC) decision to uphold Mr. Duterte’s year-long martial law extension in Mindanao also drew mixed reactions.The High Court on Tuesday voted 10-5 junking militant groups’ petition and finding “sufficient factual basis” to extend martial law and suspend the privilege of wirt of habeas corpus in Mindanao until December 31, 2018.Roque welcomed the ruling saying that it affirms the need to continue protecting citizens from the threat of terrorist groups, primarily Islamic State (IS)-inspired fanatics.But for Left-leaning groups who petitioned the SC to lift martial law, the court decision opens up more crackdowns and human rights violations.The Palace official has insisted that human rights will be respected amid security operations.“The SC ruling underscores the unity of the whole government in its bid to defeat terrorism and prevent the spread in other parts of the country of DIWW and other like-minded local and foreign terrorist groups,” Roque said.“The majority of votes is a manifestation of confidence on law enforcement agencies that they shall, like they had been doing before, continue to protect our people, secure Mindanao, and pursue the bigger task of rehabilitation while upholding the rule of law, Human Rights, and International Humanitarian Law,” he added.Human rights watchdog Karapatan sees the contrary in the government’s motives, saying that the year-long military rule will boost attacks on the people.The continuous implementation of martial law in Mindanao will allow the unhampered massive rehabilitation in war-torn Marawi City and boost the security forces campaign to finish off the rebellion, the Department of National Defense (DND) said. In a statement, Defense Secretary Delfin Lorenzana said that the Supreme Court’s decision affirming the constitutionality of the one-year extension of martial law in Mindanao will definitely boost government efforts to rebuild Marawi City and address continuing rebellion.The defense chief welcomed the SC decision as a vote of confidence to the government security forces.“The DND – AFP is grateful for the trust and confidence of our public institutions and the support of the Filipino people,” said Lorenzana. Mario J. Mallari.....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

Swiss federal judge clears Peru captain to play at World Cup

By Graham Dunbar, Associated Press GENEVA (AP) — Peru captain Paolo Guerrero was cleared Thursday by a Swiss supreme court judge to play at the World Cup despite a doping ban. Switzerland's supreme court granted an interim order to freeze Guerrero's 14-month ban for a positive doping test at a World Cup qualifying game. "As a result, Paolo Guerrero can take part in the next World Cup," the federal court said. The judge took into account that, at 34, Guerrero should not miss the first opportunity of his career to play at the World Cup. Guerrero's urgent request to the federal court was helped by FIFA and the World Anti-Doping Agency, according to the court. "Neither one nor the other was categorically opposed (to him playing)," the court said. The interim ruling puts the ban imposed by the Court of Arbitration for Sport on hold until full consideration of the case at a later date. The verdict came four days ahead of FIFA's Monday deadline for Peru to finalize its 23-man World Cup squad. Guerrero tested positive for a metabolite of cocaine at a World Cup qualifier against Argentina in October. He argued that the stimulant had not been performance enhancing, and was accidentally consumed in contaminated tea. The federal judge agreed with the CAS panel, which also accepted the player's arguments of not being significantly at fault for the positive test. However, the CAS judges increased the ban to 14 months, upholding a counter-appeal by WADA. The sports court decided a ban through January 2019 was an "appropriate sanction ... in light of Mr. Guerrero's degree of fault." Guerrero's original six-month ban by FIFA expired on May 3, the same day his appeal was heard at CAS. Thursday's victory means the former Bayern Munich player is now set to be captain of Peru in Russia at its first World Cup appearance since 1982. Peru is in a group with France, Denmark and Australia......»»

Category: sportsSource:  abscbnRelated NewsMay 31st, 2018

Peru captain Guerrero banned from World Cup in doping case

By Graham Dunbar, Associated Press GENEVA (AP) — Peru captain Paolo Guerrero was banned from playing at the World Cup because of a positive doping test he said was caused by contaminated tea. The Court of Arbitration for Sport said on Monday it upheld an appeal by the World Anti-Doping Agency to extend Guerrero's six-month FIFA ban, which already expired this month. Guerrero will now be banned for 14 months — an "appropriate sanction ... in light of Mr. Guerrero's degree of fault" — until January, the court said in a statement. The 34-year-old Guerrero was set to captain Peru in Russia at its first World Cup appearance since 1982. On Sunday he was named in his country's provisional squad preparing to play France, Denmark and Australia. Guerrero tested positive for benzoylecgonine, a metabolite of cocaine, at a World Cup qualifying game against Argentina in October. Anti-doping rules prohibit the use of cocaine in an athlete's competition period though not out of competition His lawyers argued the stimulant had not been performance enhancing, and was accidentally consumed in contaminated tea. The court said its judging panel "also accepted that he did not attempt to enhance his performance by ingesting the prohibited substance." "However, the Panel considered that the Player did bear some fault or negligence, even if it was not significant, and that he could have taken some measures to prevent him from committing the (doping violations)," the court said. FIFA initially suspended Guerrero for one year through Nov. 3. It reduced the ban in a fast-tracked appeal last December which clearing him to play at the World Cup. Two weeks ago, the former Bayern Munich player returned to play for his Brazilian club side Flamengo. Guerrero scored his first goal on Sunday since the suspension, a header in Flamengo's 3-2 defeat at Chapecoense in the Brazilian championship. After the match, Guerrero said: "There is no reason for me to be suspended, I did nothing wrong and I trust the court to make the right decision." It is the second ruling from sport's highest court that has weighed heavily on Peru's first World Cup appearance in 36 years. CAS gifted Peru three points that were key to advancing from the South American qualifying group in a previous appeal case brought by Bolivia's soccer federation. Bolivia fielded an ineligible player in a 2-0 win over Peru, and that result was overturned to a 3-0 loss by default. Without the three extra points, Peru would have fallen below Chile and Paraguay in the standings and out of contention. ___ AP Sports Writer Mauricio Savarese in Rio de Janeiro contributed to this report.....»»

Category: sportsSource:  abscbnRelated NewsMay 15th, 2018

Supreme Court affirms CA’s 2006 ruling upholding PAL retrenchment program

THE SUPREME COURT en banc voted 7-2 to favor Philippine Airlines (PAL) in its 20-year dispute with the Flight Attendants and Stewards Association of the Philippines (FASAP) over the flag carrier’s retrenchment program. In a 55-page resolution penned by Associate Justice Lucas P. Bersamin, the SC affirmed an Aug. 23, 2006 Court of Appeals (CA) […] The post Supreme Court affirms CA’s 2006 ruling upholding PAL retrenchment program appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 27th, 2018

Sereno not surprised over House panel approval of draft impeach case

  It came as no surprise for Chief Justice on-leave Maria Lourdes Sereno, who has been "eagerly" awaiting the House justice committee's approval of the articles of impeachment, as she prepares to face her looming impeachment trial before the Senate.   Lawyer Josa Deinla, one of the spokespersons of Sereno, said they already expected the decision of the House panel, which voted 33-1, ruling in favor of certifying the articles of impeachment against the country's top magistrate.   READ: House panel OKs articles of impeachment vs Sereno     "Hindi naman ikinagulat ng aming kampo kung ano yung narinig nating ulat sa committee on justic...Keep on reading: Sereno not surprised over House panel approval of draft impeach case.....»»

Category: newsSource:  inquirerRelated NewsMar 19th, 2018

Powell nods to stronger US economy, affirms gradual rate hike path

WASHINGTON — Federal Reserve Chairman Jerome Powell, in his first public appearance as head of the US central bank, vowed on Tuesday to prevent the economy from overheating while sticking with a plan to gradually raise interest rates. Testifying before the US House of Representatives’ Financial Services Committee, Mr. Powell acknowledged the economy had strengthened […] The post Powell nods to stronger US economy, affirms gradual rate hike path appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 28th, 2018

Comment on City officials ‘clueless’ on proposed water rate hike by Nick Rivas, Jr.

Sec. 40 of P.D. 198 requires public hearings in case of rates increases. I have not heard of MIWD calling any hearing for such purpose. Thus, any rate increase adopted is illegal. Also, P.D. 198 states that any increase should not be more than 60 percent of the current rate......»»

Category: newsSource:  thedailyguardianRelated NewsDec 19th, 2017

Maynilad to hike water rates in January

Maynilad Water Services Inc. will be increasing its basic rate by P0.97 per cubic meter in January......»»

Category: newsSource:  interaksyonRelated NewsDec 16th, 2017

‘Many’ Fed members favor near-term rate hike

WASHINGTON: A majority of US central bankers favor raising benchmark interest rates in the near term, signalling the Federal Reserve is likely to tighten monetary policy next month, minutes from their last meeting revealed Wednesday. But sharp disagreements persist among policymakers over the dangers of inflation and the need to raise rates, according to the [...] The post ‘Many’ Fed members favor near-term rate hike appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 24th, 2017

Official downplays CA ruling, says Makati remains ‘rightful owner’ of BGC

Makati remains the rightful owner of Bonifacio Global City (BGC), even the Court of Appeals (CA) has ruled that it is part of Taguig, according to a Makati legal officer and spokesperon Michael Arthur Camia. In a statement issued on Monday, Camia clarified on Monday that the recent ruling merely upheld a previous CA decision on case, in which Taguig accused Makati of forum shopping. "The CA decision did not categorically rule in favor of Taguig," Camia said. " As pointed out by a separate CA decision upholding Makati's ownership of BGC, Taguig not only failed to present concrete evidence but also presented fake and spurious documents to the courts." In its Oct. 3 ruling, the...Keep on reading: Official downplays CA ruling, says Makati remains ‘rightful owner’ of BGC.....»»

Category: newsSource:  inquirerRelated NewsNov 6th, 2017

CA affirms RTC decision granting bail for Deniece Cornejo, et al

    The Court of Appeals (CA) affirmed the decision ofthe Taguig regional trial court (RTC) allowing model Deniece Cornejo and her two other co-accused to post bail.   Cornejo, businessman Cedric Lee and Zimmer Raz are facing a criminal case of serious illegal detention filed by actor Vhong Navarro.   In its decision, the Taguig RTC Branch 271 said the prosecution failed to provide strong evidence that the illegal detention is "actually serious." A motion for reconsideration was filed by Navarro's camp but was denied by the court.   READ: Vhong Navarro dismayed by court ruling for bail to Deniece Cornejo et al   Navarro then...Keep on reading: CA affirms RTC decision granting bail for Deniece Cornejo, et al.....»»

Category: newsSource:  inquirerRelated NewsOct 19th, 2017

Maynilad rate hike looms

MANILA, Philippines —  Consumers of west zone concessionaire Maynilad Water Services Inc.  are expected to see an increase in their billings after the compan.....»»

Category: financeSource:  philstarRelated NewsSep 14th, 2017

Government told to pay Maynilad P3.4 B

MANILA, Philippines - West Zone concessionaire Maynilad Water Services Inc.  has won its arbitration case against the government over the losses it incurred.....»»

Category: financeSource:  philstarRelated NewsJul 25th, 2017