ILOILO CITY — The National Commission for Indigenous Peoples (NCIP) has given consent for the construction of the P11.2-billion Jalaur River Multi-Purpose Project Stage II in Calinog, Iloilo.
Aug 132015
Aug 132015
DAVAO CITY — Davao Oriental and Surigao del Sur, which used to be at odds over the drawing of their common boundary, are now jointly developing a program that will boost tourism in both provinces.
Aug 122015
THE FINANCE and Trade departments have agreed on about 80% of a new scheme for tax incentives for companies, agency officials said yesterday, though resistance remains from several sectors.
Aug 122015
WAYS and Means Committee Chairman Senator Juan Edgardo M. Angara said the government’s economic managers have made improving the fiscal situation their main priority while paying little attention to helping the poor.
Aug 122015
“A name is peculiarly important as necessary to the very existence of a corporation. Its name is one of its attributes, an element of its existence, and essential to its identity.” (6 Fletcher [Perm Ed], pp. 3-4). Corollary to this, once a corporation’s legal existence is dissolved, its corporate name necessarily loses effect as well.
Aug 112015
THE PHILIPPINE CHARITY Sweepstakes Office (PCSO) is targeting P35 billion in gaming revenue in 2015 in order to sustain funding support for the government’s health programs.
Aug 112015
PROPOSALS to lower income tax rates could be fast-tracked if Congress enacts two measures that will strengthen the Bureau of Internal Revenue’s (BIR) power to examine taxpayer accounts, senior Finance officials told lawmakers.
Aug 112015
THE PHILIPPINE Amusement and Gaming Corp. (PAGCOR) is projecting only a 2.25% revenue growth rate in 2015, but is expected to accelerate to 4% in 2016 once City of Dreams enters full operations.
Aug 112015
CHIANG RAI, Thailand—Companies that make things like cars, computers, smartphones, or even sportswear are always out for the next big thing. Game-changers, they like to call them. They like to claim that their new car/phone/shoe will redefine the genre. Well Ford is up to those exact same word-mongering this time around. And are they putting their money where their mouth is! Never mind ABS and EBD. Those acronyms (initialisms, actually) are par for the course even for subcompacts. Let’s try Hill Descent Assist, Blind Spot Information System, Cross Traffic Alert, Curve Control, Active Park Assist, Active Transfer Case with Torque on Demand, and Active Noise Cancelation. Let’s try intelligent four-wheel drive and a cutting-edge Terrain Management System. Let’s try power-folding third row seats and a power liftgate. Add to that a fold-flat second row to add flexibility and versatility. Just a few years ago, those cutting-edge features could be found only in a Range Rover, a Mercedes-Benz, BMW or a Volvo—vehicles that cost anywhere from almost four to over eight million pesos. And it’s now on a Ford SUV that starts at a little over P1.3 million. Okay, those features are found in the top-of-the-line version costing just under P1.9 million. But that’s still one heck of a bargain considering the level of equipment—or the lack thereof—of its predecessors and its rivals. The new Everest, which is made in Ford’s Auto Alliance plant in Rayong, Thailand, is still based on a body-on-frame construction but boasts a coil spring suspension with Read More …
Aug 102015
ILOILO CITY — Consumers here will be experiencing a continued drop in electricity rates over the next three years as distributor Panay Electric Co., Inc. (PECO) fields competitive offers from multiple power generating companies.