Maniolas

The Senate Committee on Local Government, chaired by Senator Bongbong Marcos, together with the Committees on Peace Unification and Reconcillation; and Constitutional Amendments and Revision of Codes, will contiunue its inquiry on the proposed Bangsamoro Basic Law. Also present during the BBL hearing is Senator Chiz Escudero. (MNS photo) MANILA (Mabuhay) – Senator Teofisto Guingona III on Wednesday called for revisions in the preamble of the proposed Bangsamoro Basic Law to ensure the protection of minority communities living in areas covered by the planned autonomous region. Guingona said there is a need to ensure the consistency of BBL provisions with the Constitution amend part of the preamble which currently refers to the aspiration of “the Bangsamoro People.” He said this should instead read as “the inhabitants of the Bangsamoro,” a phrase which ensures “inclusiveness” and the “clear and unequivocal protection of the rights of non-muslim Filipinos” in that region. “There are communities of indigenous and non-Muslim peoples in the areas proposed under the Bangsamoro,” he pointed out. “The BBL in its final form must ensure that they are treated equally and that their right to life, liberty and property are respected even if they are a minority,” he said in a press statement. He said this is also the reason why he is proposing the deletion of the third paragraph of the Preamble of the draft BBL which proclaimed the concept of “self-determination.” He believes such word has been “misused” since what is guaranteed by the Constitution is territorial autonomy Read More …

At a press conference in Quezon City on Wednesday, November 5, businessman Antonio ‘Tony’ Tiu becomes emotional as he claims he was being blackmailed by some personalities from the government if he would not cooperate in the Senate investigation on various allegations against Vice President Jejomar Binay. Tiu also criticized Senator Alan Peter Cayetano for being harsh on him during the Senate inquiry into the controversies. Tiu reiterated he is not a dummy of VP Binay as implied by the Senate blue ribbon subcommittee.(MNS photo) MANILA (Mabuhay) – AgriNurture Inc., the company owned by controversial businessman Tony Tiu, said three of its directors and two top executives have resigned. In a disclosure to the stock exchange on Wednesday, the firm said directors James Sayre, Tai Chuan Lin and Edmund Zheng resigned “to pursue other business pursuits.” AgriNurture’s president and chief executive Pablo Capati Jr., and chief financial officer Romeo Bato also submitted their resignations. The company said Capati and Bato resigned “to focus on other professional and personal commitments.” Last year, Tiu was accused of being Vice President Jejomar Binay’s dummy for the so-called “Hacienda Binay” in Rosario, Batangas. Tiu is also facing tax evasion charges and has been penalized by the Security and Exchange Commission related to errors in financial reporting. Trade of shares in Greenergy Holdings, Tiu’s holding company, is currently suspended at the Philippine Stock Exchange as the local stock market also monitors the controversies surrounding Tiu. Tiu has repeatedly denied being a dummy of the Binays. Read More …

If your business is in distress – you owe a lot of money but you can’t pay, your creditors will probably threaten legal action against your business and very likely, you personally as well. How much they can collect, and how they can go about collecting it, will depend on how your business is organized, and whether you personally guaranteed repayment of the obligation. To what extent you are personally liable depends on several factors, the most important being, how your business is structured and whether you personally guaranteed or secured the debt. Sole Proprietors and Partnerships If you are a sole proprietor, you and your business are one and the same in the eyes of the law, which means you are personally responsible for all of the business’s debts. If there isn’t enough money in the business to pay these debts, creditors can take your personal assets to pay them. Partners in a general partnership have similar personal liability for business debts: Each partner is personally liable for the entirety of the business’s debts (and any partner can usually bind the entire partnership to a business deal — a scary combination). This means that if there isn’t enough money in the business to pay the debts, and your partners are broke, creditors can take your personal assets to pay all of the business’s debts, not just your share. Corporations and Limited Liability Companies If your business is organized as a corporation or a limited liability company (LLC), your personal Read More …

This is not a story about boxing. This is not a sports article nor an analysis of who should have won the “fight of the century”. It is however, a story about good vs. evil – and I don’t mean Floyd Mayweather. While most of humanity (at least in North America and the Philippines) were glued to their television sets to see the dual between Manny Pacquiao and Money Floyd, in this part of the world, at the same time a fellow Filipina was arrested in a sophisticated immigration fraud scam that targeted mostly Filipinos. Her only motivation was greed. In contrast, Pacquiao was quoted as wanting to give some of his proceeds to charity. On one hand, there is the sense that Pacquiao was fighting for his nation and the country of the Philippines. After all, he is a congressman, and to serve and respect his countrymen must be at the forefront of his mind. Win or lose, Pacquiao will always be regarded as a hero and champion of the Philippines. A boxing title does not give someone credibility – a person’s actions do. It is for that reason that most of the world was hoping that the “good guy” would win last week in Las Vegas. It is for that reason that most of the crowd at the MGM were shouting “Manny, Manny” the entire night. For no one likes a cheater. No one likes those who prey on the innocent and who take advantage of others. Almost at the same time that Pacquiao Read More …

President Benigno S. Aquino III delivers his speech during the Brigada Eskwela and Oplan Balik Eskwela (OBE) 2015 at the Marikina Elementary School (MES) in Shoe Avenue, Santa Elena, Marikina City on Monday (May 25, 2015). The department of Education (DepEd) shall activate the OBE and the Public Assistance Station (PAS) for School Year 2015-2016 from May 25 to June 06, 2015 to ensure the smooth opening of classes this school year. The OBE and PAS primarily aim to address the problems commonly encountered at the start of the SY to ensure that pupils/students are already properly enrolled and able to attend school by the first day of classes. Also in photo are Education Secretary Armin Luistro, Marikina City Mayor Del De Guzman, Technical Education and Skills Development Authority Director-General Emmanuel Joel Villanueva and MES OIC Principal Eugenia Martin. (MNS Photo) MANILA (Mabuhay) – President Benigno Aquino III on Monday checked preparations for the opening of classes in public schools next week. Aquino and Department of Education Secretary Armin Luistro keenly inspected classrooms and learning materials for Grade 1 and 2 pupils of the Marikina City Elementary School this morning, after the DepEd’s week-long “Brigada Eskwela” program. Aquino was also very upbeat when he interacted with teachers of the Marikina Elementary School. The President conducted the inspection amid legal questions being faced by his flagship education program, the K-to-12 program adding two more years to basic education in the country, before the Supreme Court. The DepEd launches Brigada Eskwela every Read More …