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Palace reviewing legality of 2 firms’ deal in passport production

MALACAÑANG ON Tuesday said it is currently reviewing the legality of the joint venture agreement between APO Production Unit, Inc. (APUI) and United Graphic Expression Corporation (UGEC) on passport production......»»

Category: financeSource: bworldonline bworldonlineFeb 12th, 2019

Disney-Fox megadeal gets shareholder approval

A media-entertainment megadeal enabling Walt Disney Co. to take over a large part of the Murdoch family's 21st Century Fox empire moved a step closer to fruition Friday as shareholders of both firms approved the tie-up. The $71.3 billion deal will give Disney prized assets being sold by Rupert Murdoch's group, which include the Fox studios in Hollywood and important film and television production operations. "We're incredibly pleased that shareholders of both companies have granted approval for us to move forward, and are confident in our ability to create significant long-term value through this acquisition of Fox's premier assets," said Disney chairman and chief exe...Keep on reading: Disney-Fox megadeal gets shareholder approval.....»»

Category: newsSource:  inquirerRelated NewsJul 28th, 2018

Teo insists P60-M ad deal with PTV 4 legal

Tourism Secretary Wanda Teo on Monday maintained that the P60-million advertising contract entered into by her department with PTV 4 was aboveboard, and that any questions pertaining to its legality should be addressed to the government television network. According to Teo, the contract the Department of Tourism (DOT) had with PTV 4 went through the proper bidding process and was reviewed by its legal division. She said that all checks issued by the DOT "were made payable to PTV 4." "No check went to any production house. We issued the check once the deliverables were met. We have no problem with our COA (Commission on Audit) here. It's probably the COA of PTV 4. I think you...Keep on reading: Teo insists P60-M ad deal with PTV 4 legal.....»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2018

Grab-Uber deal still hangs

The competition watchdog has decided to review Grab's takeover of its main rival here in the country, but it remains unclear if it could still prevent Uber from stopping operations next week. The Philippine Competition Commission (PCC) said on Tuesday that it would review the Grab-Uber deal, hoping to buy more time by convincing the popular ride-hailing firms to delay their transaction. This developed days after Grab said it would acquire Uber's operations in Southeast Asia, calling it the biggest acquisition by a Southeast Asian internet company. Uber is already scheduled to stop operations on April 8. PCC would be reviewing the deal even after the parties involved said that th...Keep on reading: Grab-Uber deal still hangs.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

Philippine Competition Commission will review Grab-Uber deal

The government's competition watchdog has decided to review Grab's takeover of its main rival here in the country, but it is not yet clear if it could still prevent Uber from stopping operations next week. The Philippine Competition Commission (PCC) saidon Tuesdaythat it would review the Grab-Uber deal, hoping to buy more time by convincing the popular ride-hailing firms to delay their transaction. This developed days after Grab said it would acquire Uber's operations in Southeast Asia, calling it the largest acquisition by a Southeast Asian Internet company. Uber is already scheduled to stop operations onApril 8. PCC would be reviewing the deal even after the parties involv...Keep on reading: Philippine Competition Commission will review Grab-Uber deal.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

EU parliament approves EU-Singapore trade deal

BRUSSELS --- The European Parliament has approved a free trade deal with Singapore that the European Union hopes to use as a blueprint for further deals in southeast Asia. The legislature approved the deal in several votes with a large majority and it will become operational after the member states give their final approval. Under the deal, both sides will gradually eliminate tariffs on goods and services over the next five years. It will also offer new opportunities for businesses on both sides to expand in each other's regions and will allow EU firms to compete for public procurement contracts in Singapore. The EU and Singapore trade about 50 billion euros ($56 billion) in goo...Keep on reading: EU parliament approves EU-Singapore trade deal.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2019

Ex-Renault CEO Ghosn ready to pay Versailles wedding bill – lawyer

PARIS, France – Detained former Renault boss Carlos Ghosn "stands ready" to repay a 50,000-euro ($57,000) bill for his wedding party at the Palace of Versailles, which was waived under a sponsorship deal with the French carmaker, his lawyer said Friday, February 9. (READ:  Ghosn under scrutiny over 50,000-euro wedding bill ) Renault disclosed this week that ........»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2019

Israeli firms offer to fund irrigation projects

Two Israeli firms have offered to finance the government’s irrigation projects to help improve the country’s rice production......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2019

DFA won t investigate passport deal, says Locsin

MANILA, Philippines – The Department of Foreign Affairs (DFA) will not investigate a controversial passport deal involving a government printer that allegedly subcontracted to a private company, said Foreign Secretary Teodoro "Teddyboy" Locsin Jr.  "Why will I do that?" Locsin told Rappler on Wednesday, January 30, ........»»

Category: newsSource:  rapplerRelated NewsJan 30th, 2019

Palace: No info leaks on CCTV deal with China

Palace: No info leaks on CCTV deal with China.....»»

Category: newsSource:  cnnphilippinesRelated NewsJan 25th, 2019

Aquino and his officials concealed crony firm in passport scheme

Fourth of a series ONE of the clearest indications that the P38-billion scheme for the production of the new machine-readable passports that former President Aquino 3rd and his officials engineered…READ The post Aquino and his officials concealed crony firm in passport scheme appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 23rd, 2019

Golden heist

Inscribed on top of the cover of the dubious Joint Venture Agreement (JVA) between APO Production Unit Inc. (APO) and the United Graphic Expression Corp. (UGEC) for the production of machine-readable electronic passports is the chemical symbol for gold, “Au.” Also, a straight line was inscribed in the middle of the deal the phrase “as […].....»»

Category: newsSource:  tribuneRelated NewsJan 22nd, 2019

No Passport Data Lost, Breached: Gov’t Printer

No passport loss nor breach has occurred in the Department of Foreign Affairs (DFA), APO Production Unit Inc. (APUI), the current Philippine e-passport maker said Monday. “Walang nali-leak as I was saying. Walang leak, wala kaming nakikitang leak (There’s no leak as I was saying. We don’t see any leak),” APUI chairman Michael Dalumpines said […].....»»

Category: newsSource:  metrocebuRelated NewsJan 16th, 2019

False alarm? Passport data theft inconclusive: Manila – gulfnews.com

False alarm? Passport data theft inconclusive: Manila  gulfnews.com Palace rejects plan to make passport renewal applicants present birth certificates. Source link link: False alarm? Passport data theft inconclusive: Manila – gulfnews.com.....»»

Category: newsSource:  manilainformerRelated NewsJan 15th, 2019

Big-time oil price hike set for January 15 | Midday wRap

Today on Rappler: Fuel prices spike Tuesday as oil-producing countries like Saudi Arabia cut their output to prevent oversupply. Outsourced contractor APO Production Unit says contrary to the claim of Foreign Secretary Teddyboy Locsin, passport data of Filipinos remain intact and accessible to the Philippine Department of Foreign Affairs. Prince Harry's wife Meghan , Duchess of ........»»

Category: newsSource:  rapplerRelated NewsJan 15th, 2019

Chinese firms to take over Hanjin Philippines? Its all rumor - Palace |

MANILA, Philippines -- Malacaanghas downplayed concerns of a former Philippine Navy chiefabout security implications of two Chinese firms likely taking over Hanjin Heavy Industries and Construction Co.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2019

Gov’t can sue private entity, demand return of passport data — Panelo

The government could demand the return of passport data and sue the concerned entity in court if an investigation showed that theft was committed, a Palace official said. Gov’t can sue private entity, demand return of passport data — Panelo Source link: Gov’t can sue private entity, demand return of passport data — Panelo.....»»

Category: newsSource:  manilainformerRelated NewsJan 14th, 2019

Singapore s CapitaLand in $8-billion deal creating Asia property giant

SINGAPORE – Singapore's CapitaLand said Monday, January 14, it has agreed to buy two real estate holding firms in an Sg$11-billion ($8.1-billion) deal that will create Asia's biggest property group with assets in dozens of countries. Under the agreement, CapitaLand will acquire two units from a subsidiary of state investment firm ........»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2019

Chinese firms to take over Hanjin Philippines? It’s all rumor – Palace

MANILA, Philippines -- Malacaanghas downplayed concerns of a former Philippine Navy chiefabout security implications of two Chinese firms likely taking over Hanjin Heavy Industries and Construction Corp. Philippines. Currently struggling in massive debt, Hanjin has asked the government to look for an investor who would take over its business, which included a vast shipyard in Subic Bay, Olongapo. READ:2 Chinese firms eye Hanjin Ceferino Rodolfo, managing head of the Board of Investments, had earlier said two Chinese firms were interested to take over Hanjin's operations in the Philippines. "It's just a speculation that they will take over. When a company declares bankrup...Keep on reading: Chinese firms to take over Hanjin Philippines? It’s all rumor – Palace.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2019

Palace on passport data mess: Requiring birth certificates again for renewal ‘cumbersome’

APPLICANTS for passport renewal should not be burdened by requiring them to bring their birth certificates after the personal data breach, Malacanang said on Monday. Palace spokesman Salvador Panelo made…READ The post Palace on passport data mess: Requiring birth certificates again for renewal ‘cumbersome’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 14th, 2019

Palace on passport mess: Do not pass requirements burden to applicants

via CNN Philippines – The Palace on Monday said those who will renew their Philippine passports should not be saddled by the submission of requirements after the personal data breach. “Applicants should not be burdened by submitting original copies of their certificates of live birth, which requires another application process Read more ».....»»

Category: newsSource:  thepinoyRelated NewsJan 14th, 2019