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Landing’s provisional license needs lease agreement — PAGCOR

Gaming regulator Philippine Amusement and Gaming Corp. said yesterday the effectivity of the provisional license the agency issued to Landing Resorts Philippines Development Corp. is subject to the validity of its lease contract with Nayong Pilipino Foundation Inc. that is allegedly anomalous......»»

Category: newsSource: philstar philstarAug 11th, 2018

CA orders Pagcor to grant license for Waterfront casino

MANILA, Philippines – The Court of Appeals (CA) upheld a Manila court ruling which ordered the Philippine Amusement and Gaming Corporation (Pagcor) to issue a provisional license to Waterfront Philippines Incorporated for a casino-hotel. The CA 6th Division affirmed the August 2017 ruling of Manila Regional Trial Court Branch 173 Presiding Judge Armando ........»»

Category: newsSource:  rapplerRelated NewsDec 2nd, 2018

Palace insists ‘no new casino’ in Boracay; PAGCOR permits China firm to build one

By Arjay L. Balinbin, Reporter “No new casino will rise in Boracay,” Presidential Spokesperson Herminio Harry L. Roque, Jr. said on Wednesday, April 11, despite the existing provisional license granted recently by the Philippine Amusement and Gaming Corporation (PAGCOR) to a Chinese gaming company. In a press briefing in Hong Kong on Wednesday evening, Mr. […] The post Palace insists ‘no new casino’ in Boracay; PAGCOR permits China firm to build one appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 11th, 2018

Why Pagcor provisionally approved Chinese firm s Boracay casino

MANILA, Philippines – The operator of a soon-to-be $500-million, 23-hectare integrated resort and casino in Boracay recently bagged a provisional license from the Philippines' gaming regulator, raising concerns about its timing with the island's impending 6-month closure. Boracay Philippines Resort and Leisure Corporation (BPRLC) – ........»»

Category: newsSource:  rapplerRelated NewsApr 11th, 2018

Senate committee probes plan to build casino resort in Boracay

THE Senate Committee on Environment and Natural Resources will hold another hearing on Boracay and a plan to build a $500-million integrated casino resort on the island by a Macau-based company. The Philippine Amusement and Gaming Corporation (Pagcor) on Wednesday release a provisional license to Galaxy Entertainment Group Ltd. and its local partner Leisure & Resorts World [...] The post Senate committee probes plan to build casino resort in Boracay appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 23rd, 2018

Toll rate adjustment at MCX filed

THE Toll Regulatory Board (TRB) said toll road operator Ayala Corp. petitioned for a periodic toll rate adjustment at the Muntinlupa-Cavite Expressway (MCX) as provisional relief provided in its concession agreement with the government......»»

Category: financeSource:  bworldonlineRelated NewsNov 13th, 2018

Cebu Landmasters, Archdiocese of Cebu Seal Agreement to Transform Patria de Cebu Property

Leading VisMin property developer Cebu Landmasters Inc. (CLI) recently signed a lease agreement with the Archdiocese of Cebu for a P900-million redevelopment of a 6,670 square-meter property in the heritage-rich downtown area of the Queen City of the South. The Patria de Cebu property, which currently offers budget-friendly accommodations for travelers, will be transformed into […].....»»

Category: newsSource:  metrocebuRelated NewsOct 31st, 2018

CLI, Archdiocese of Cebu sign lease agreement

CEBU Landmasters, Inc. (CLI) on Monday said it has signed a lease agreement with the Archdiocese of Cebu to redevelop the latter’s 6,670-square meter (sq.m.) property in downtown Cebu......»»

Category: newsSource:  bworldonlineRelated NewsOct 30th, 2018

PNP to expedite processing of permits to carry guns for judges

        A memorandum of agreement (MOA) has been signed by the Philippine National Police (PNP) with the Office of the Court Administrator to expedite the processing of applications for permits to carry firearms outside of residence (PTCFORs) filed by judges.     According to Director General Oscar Albayalde, PNP chief,the MOA was signed during the national summit of judges held in Tagaytay City from Wednesday to Friday.     "'Yan po kasi ay expired noon at ni-renew lang natin at nagdagdag lang tayo ng konting provision kung saan mapapabilis ang pagkuha ng [License to Own and Possess Firea...Keep on reading: PNP to expedite processing of permits to carry guns for judges.....»»

Category: newsSource:  inquirerRelated NewsOct 20th, 2018

C-5 Mansion inks deal with Novel Residence for Aspen Hotel

Property developer C-5 Mansions Development Corp. has entered into an agreement with Novel Residential Concepts Inc. for the sale and long-term lease arrangement for the new Aspen Hotel project within the Ridgewood Towers Premier located near Bonifacio Global City (BGC) in Taguig City......»»

Category: financeSource:  philstarRelated NewsOct 15th, 2018

Filipino in Daly City gets 20 months for smuggling guns to PH 

DALY CITY, California -- A federal court sentenced a Filipino resident of Daly City to 20 months in prison for smuggling goods, including firearms, from the United States to the Philippines. U.S. District Court Judge Lucy H. Ko sentenced Ratunil Cuares, 51, of Daly City, who pleaded guilty to the charge on June 20, 2018. According to his plea agreement, Cuares admitted that he attempted to export several firearms to the Philippines without the proper license authorizing him to do so. In addition to the prison term, Cuares must serve a one-year term of supervised release to begin after he has served his prison term. Judge Koh ordered defendant to begin serving his sentence on No...Keep on reading: Filipino in Daly City gets 20 months for smuggling guns to PH .....»»

Category: newsSource:  inquirerRelated NewsOct 5th, 2018

Government to pursue P3.8 billion car plates deal

The government intends to pursue its agreement with a previous contractor for the delivery of P3.8 billion worth of license plates, an official said yesterday......»»

Category: newsSource:  philstarRelated NewsSep 10th, 2018

Tesda partners with online job site to aid job-seeking graduates

The Technical Education and Skills Development Authority (TESDA) has partnered with an online job site to aid its two million new graduates in landing jobs.   Officials of TESDA on Thursday signed a memorandum of agreement with FindWork, an online job search platform that was recently launched in the country.   Under the partnership, the two million recent and another two million upcoming graduates will automatically be registered in FindWork's system "to increase their chances of employment."   A seal of certification from the government agency will then be featured in a Tesda graduate's profile, along with their other credentials.   "FindWork...Keep on reading: Tesda partners with online job site to aid job-seeking graduates.....»»

Category: newsSource:  inquirerRelated NewsAug 23rd, 2018

Philippines to cancel Landing’s $1.5 bln casino project – Duterte’s spokesman

MANILA- Philippines President Rodrigo Duterte will cancel Landing International Development Ltd’s $1.5 billion integrated casino project in the capital, his spokesman said minutes after the Hong Kong-listed firm broke ground on Tuesday. Presidential spokesman Harry Roque said the lease contract that Landing signed with a state-owned foundation in March has significantly put the government at a disadvantage […].....»»

Category: newsSource:  interaksyonRelated NewsAug 9th, 2018

Duterte fires top Nayong Pilipino officials

https://www.youtube.com/watch?v=3y5Yby0Y2j8 The groundbreaking ceremony for a $1.5-billion integrated resort called NayonLanding at the reclaimed area of Manila Bay in Paraaque City was all for naught. President Rodrigo Duterte fired on Tuesday the entire management and board of directors of the Nayong Pilipino Foundation (NPF) as the agency and a Chinese casino operator launched the project. The NPF officials were sacked for allegedly approving a long-term lease contract with Hong Kong-based Landing International Development Ltd. that the President found "grossly disadvantageous to the government," said presidential spokesperson Harry Roque. (See related story in Biz Buzz on Pa...Keep on reading: Duterte fires top Nayong Pilipino officials.....»»

Category: newsSource:  inquirerRelated NewsAug 8th, 2018

Nayong Pilipino project groundbreaking rites: From cheers to tears

    Nayong Pilipino Foundation (NPF) Chairperson Patricia Ocampo was about to deliver a speechon Tuesdaywhen Malacaang announced that she was already fired.   Ocampo was at the Entertainment City Manila for the groundbreaking ceremony of an upcoming integrated leisure and entertainment resort by foreign-owned firm Landing Philippines.   Malacaang's announcement, however, eclipsed the rather cheerful mood of the event, after it said that Duterte has fired the NPF board of directors and management for a disadvantageous lease contract.   While Roque did not disclose the finer details of this contract, NFP and Landing officials were quick ...Keep on reading: Nayong Pilipino project groundbreaking rites: From cheers to tears.....»»

Category: newsSource:  inquirerRelated NewsAug 7th, 2018

Pacific Online extends PCSO lease agreement

PACIFIC ONLINE Systems Corp. (LOTO) has extended its lease agreement with the Philippine Charity Sweepstakes Office (PCSO) by another year......»»

Category: financeSource:  bworldonlineRelated NewsAug 1st, 2018

NGCP seeks approval for contingency reserve power deals

PRIVATELY OWNED National Grid Corp. of the Philippines (NGCP) has asked the Energy Regulatory Commission (ERC) for provisional authority to implement its ancillary services procurement agreement (ASPA) with a power plant in Luzon and another in the Visayas. The post NGCP seeks approval for contingency reserve power deals appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJul 25th, 2018

Positive developments

Nearly two years after getting my provisional five-year driver’s license, I finally got the plastic ID card yesterday......»»

Category: newsSource:  philstarRelated NewsJul 19th, 2018

Ombudsman orders 6-month suspension of Olongapo mayor, city officials

OLONGAPO CITY, Philippines – The Office of Ombudsman has ordered the 6-month suspension of Olongapo City Mayor Rolen Paulino, Vice Mayor Aquilino Cortez Jr, and members of the city council for "simple misconduct" over the city government's lease agreement with the largest mall operator in the country. The Ombudsman ........»»

Category: newsSource:  rapplerRelated NewsJul 11th, 2018

Total revamp needed at OGCC, OSG

The decision of President Rodrigo Duterte to fire Rudolf Philip Jurado as chief of the Office of the Government Corporate Counsel (OGCC) did not come as a surprise to many. It appears that Jurado was fired for allegedly issuing a legal opinion allowing a 75-year lease agreement to a casino operator within the Aurora Pacific […].....»»

Category: newsSource:  tribuneRelated NewsJun 9th, 2018