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Sandigan affirms dismissal of forfeiture vs 3 coco levy firms
The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»
AbaCore raises P200 million from asset sale
Listed holding company AbaCore Capital Holdings Inc. has raised P200 million from the sale of another Batangas property......»»
Sandigan junks ex-Palawan execs’ bid to dismiss raps
The Sandiganbayan has denied the appeal of three former provincial government officials of Palawan to be allowed to seek the early dismissal of the graft and falsification cases filed against them in connection with the alleged misuse of P1.534 billion worth of proceeds from the Malampaya gas project in 2008......»»
PLDT proposes $3 million settlement in US budget mess suit
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»
Sandigan junks fertilizer scam case vs supplier
The Sandiganbayan has junked a fertilizer scam case against a private supplier due to the Office of the Ombudsman’s inordinate delay in its investigation......»»
Sandigan junks Bistek’s plea to dismiss graft rap
The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Rappler unpacks SC ruling on Estrada plunder, bribery case
CHEERS TO Rappler for an explainer that dissected the case of Senator Jinggoy Estrada and thoroughly discussed the ruling of Sandiganbayan.On January 19, the Sandiganbayan released a 396-page decision acquitting Estrada of plunder but convi.....»»
Jinggoy sees no political color in Sandiganbayan ruling
Sen. Jinggoy Estrada does not see any political color in the Sandiganbayan Fifth Division’s ruling that found him guilty of one count of direct bribery and two counts of indirect bribery over his alleged involvement in the pork barrel scam......»»
Wegotmail: SP Zubiri statement on the Sandiganbayan verdict vs Sen. Estrada
Wegotmail: SP Zubiri statement on the Sandiganbayan verdict vs Sen. Estrada.....»»
Marcos denies family’s ill-gotten wealth anew, accuses critics of propaganda
Marcos sought to downplay well-documented evidence that the late dictator Ferdinand Marcos Jr. had stripped government coffers of at least $5 billion and that his family acquired millions-worth of stolen loot that they even took with them to exile in Hawaii......»»
NBTC Basketball: Team Dico owner cries foul over semifinals game forfeiture
CEBU CITY, Philippines — Cebuano sports organizer and lawyer Reymar Englis Dico has expressed his utter disappointment to the organizers of the National Basketball Training Center (NBTC) Cebu Province Qualifying Tournament for forfeiting their semifinals game. Dico told the media that the local organizers of the NBTC decided to forfeit his team’s semifinal game last.....»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
SPNEC seeks funding boost for world’s biggest solar farm
Manuel V. Pangilinan-led SP New Energy Corp. is looking to bring in partners, particularly foreign investors, to help finance the development of the P200-billion Terra Solar development in Nueva Ecija and Bulacan, which will become the world’s largest solar project once completed......»»
P200B mega project will soon rise in SRP if …
CEBU CITY, Philippines – A “mega infrastructure project” worth over P200 billion is set to transform the landscape of the South Road Properties (SRP) in Cebu City. This is if a project of a private corporation that it proposed to the city government will be approved. READ: ‘Rotonda’ soon to be constructed along SRP.....»»
SPNEC to finish P200 billion solar project by 2027
SP New Energy Corp. is eyeing to fully complete the world’s largest solar project by 2027......»»
Inconvenient
Two years ago, the Paris-based International Arbitration Tribunal awarded almost $15 billion in restitution to the heirs of the Sultanate of Sulu. The Sultanate had filed a suit against Malaysia for breaches relating to the lease of Sabah......»»
Robbers kill guard dog to enter establishment
Unidentified robbers stole nearly P200,000 from RDM 128 Lending Corporation at Purok 4, Brgy. San Francisco, Panabo City......»»
PDEA-7: Over P200M worth of shabu, marijuana seized in CV since Jan. 1
CEBU CITY, Philippines – In less than two months, the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) has confiscated over P200 million worth of shabu and marijuana stalks. With this, Leia Alcantara, the PDEA-7 spokesperson, said that they were able to prevent the distribution of millions worth of illegal drugs and marijuana in the.....»»
High pork retail prices hit
The farmgate price of pork remains low at P200 per kilo, but its retail price has reached as high as P420 per kilo in Metro Manila markets, according to a hog raisers’ group......»»
IC plans to increase CMVLI coverage to P200,000
The government plans to increase the indemnity claims of vehicular accident victims amid the need to improve overall insurance coverage in the country......»»