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Pandora’s box

For some time now, there had been talks about the need to amend certain economic provisions of the 1987 Constitution, in particular that pertaining to foreign ownership in public utilities......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Lawmakers seek to amend ownership regulations on Constitution s economic provisions

Lawmakers are calling for the revision of some economic provisions of the 1987 Constitution, covered by the Public Service Act, which stipulate that public services should exclusively be owned by Filipinos......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Marcos promises aid to El Niño-hit areas

Rice remains sufficient despite the drought in some areas, President Marcos said yesterday as he vowed to continue providing aid to sectors hit by El Niño......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

‘Why we need to amend the restrictive economic provisions’ (Continued from last week)

Of the original five members of ASEAN – Indonesia, Malaysia, Philippines, Singapore and Thailand – we are unique in that some important economic sectors are singled out for specific protection under the Constitution, the fundamental law. All the other countries simply left all matters pertaining to economy and business to ordinary legislation......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Lahug resident asks OP to probe Cortes, 4 others for ‘land grabbing’

LAPU-LAPU CITY, Cebu – A resident of Brgy. Lahug in Cebu City has asked the Office of the President (OP) to investigate Mandaue City Mayor Jonas Cortes and four city councilors for oppression, gross misconduct, and grave abuse of authority. Maria Priscilla Melendres’ complaint stemmed from the city’s claim of ownership of a property in.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

Assertion on Duterte’s ‘gentleman’s agreement’ with China exaggerated – Imee

There was a bit of exaggeration in the assertion of retired Supreme Court justice Antonio Carpio that former president Rodrigo Duterte gave up the Philippines’ ownership of Ayungin Shoal under the guise of a “gentlemen’s agreement” with China, according to Sen. Imee Marcos......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Carpio: Duterte surrenders PH’s Ayungin rights in China agreement

MANILA, Philippines – Former President Rodrigo Duterte gave up the Philippines’ ownership of Ayungin Shoal under the guise of a “gentlemen’s agreement” with China, former Supreme Court Justice Antonio Carpio has revealed. The “gentlemen’s agreement” governs Manila’s maintenance and repair of the BRP Sierra Madre, a Philippine Navy vessel grounded in the disputed area. READ:.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Boulevard Holdings sells 1.5-B shares to ownership group

Boulevard Holdings advised that its stockholders approved a measure to increase BHI’s authorized capital stock from 17 billion shares to 18.5 billion shares, and to sell the 1.5 billion shares to a company called Puerto Azul Landn Inc., which is also owned and controlled by the Panlilio family......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

EDITORIAL - Animal cruelty

Killing dogs for their meat has been drastically reduced nationwide, and the country registered the highest ownership of pet dogs in Asia in 2021......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

ALI merging 34 subsidiaries for operational synergies

Property giant Ayala Land Inc. is merging almost three dozen subsidiaries to simplify ownership structure......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

EDITORIAL — Trigger for conflict

Owners of real estate have deeds or land titles to prove ownership. In the global neighborhood, there are international rules for setting national borders, delineating land and maritime territories or defining sovereign rights and economic entitlements......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

SEC moves to help Philippines exit from FATF gray list

The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Philippines diploma mill rep may attract low-tier foreign universities, expert warns

The Philippines' reputation for having so-called “diploma mills” makes it vulnerable to the entry of substandard foreign universities if proposals to open up higher education to foreign ownership push through, an education expert warned during a Senate hearing on Charter change......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Metro Global given 6 months to avoid involuntary delisting

The PSE gave notice to Metro Global Holdingsthat it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

‘No to Cha Cha’ in UP Fair and Oblation Run

“No to Charter Change (Cha Cha)” reverberated  during  the recent two main events in the Diliman campus of the University of the Philippines : the Oblation Run and the UP Fair. The  House of Representatives  is attempting   to amend the 1987 Constitution  primarily on  the “prohibitive” economic provisions that limit foreign ownership. Faculty members of.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Cebu archdiocese urges Boljoon pulpit panels returned, asserts ownership

CEBU CITY, Philippines – The Roman Catholic church has spoken up about the resurfacing of the once-lost pulpit panels of the Archdiocesan Shrine of Patrocinio de Maria Santissima in Boljoon, Cebu. Cebu Archbishop Jose Palma on Feb. 20 urged the National Museum of the Philippines (NMP) to return the four pulpit panels of the Archdiocesan.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

Copyright registrations soar by 76% in 2023

“In just a few clicks and just a few days, you can safeguard your works and navigate the future with greater confidence over the ownership of your works. Make the wise decision of registering today rather than regretting not having given your works enough protection.”.....»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Koko wants drone operations regulated

A measure that would regulate ownership and operation of drones by private persons is being pushed by Senate Minority Leader Aquilino Pimentel III as the gadgets may be used to violate rights, exploited by terrorists or pose a hazard to aircraft......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

50,000 CARP beneficiaries in Nasugbu to lose land

At least 50,000 farmers in Nasugbu, Batangas, who were beneficiaries of the Comprehensive Agrarian Reform Program, face eviction following a ruling of the Department of Agrarian Reform canceling their certificates of land ownership awards......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Pawsitivity in Action: Pilmico and Gold Coin’s ‘Woofy’ Supports Animal Shelters

Pilmico and Gold Coin (Pilmico) is committed to nourishing the lives of people and animals. Through its pet food brands “Maxime” and “Woofy,” the company demonstrates its dedication to fostering the well-being of pets. Understanding the significance of supporting animal welfare, Pilmico strives to positively impact the lives of animals by promoting responsible pet ownership […].....»»

Category: newsSource:  inquirerRelated NewsJan 28th, 2024