“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.
Jennylyn Mercado’s business venture is a one-stop shop for relaxation.
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.
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.
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.

The University of the Philippines Alumni Association of Greater Los Angeles Area (UPAAGLA) will hold its Induction Dinner and Dance on August 29 at Glendale Embassy Suites to send deserving scholars in school in much the same way that it kept Armel Grace Lugod’s future ensured through the kindheartedness of the Philippines’ top university alumni. Lugod was a high school valedictorian who went to major in architecture in the University of the Philippines in Mindanao. The nonprofit UPAAGLA whose memberships are representatives of what good educations means in terms of having the right tools for competitiveness in life hopes “to fund the education of more deserving low income students especially in the wake of disasters like Typhoon Yolanda in the Philippines”. Tots “Climb” Mt. Everest at VBS: Close to 100 children had their vacation season highlighted by a unique summer experience of being exposed early to spiritual values as more than 30 members of the Climbing Crew joined hands in the annual Vacation Bible School sponsored by Cornerstone Christian Fellowship of Orange County. This month, it will be the indigenous children in Tecate, Mexico who will experience the rare summer treat as the team reaches out to them as they have done in previous years. The theme of the evening is “U.P. Balik Tanaw” – a nostalgic journey for the membership body, which spans from the 1950s to present day. The event will also provide the products of the most prestigious public university in the Philippines “to reconnect with former Read More …
Customers who were without power for more than 24 hours will get a $100 credit By Mary Ann Milbourn SCE will be providing a $100 bill credit, in addition to the last $100 bill credit from the previous outage, to those who were without power for more than 24 hours during the latest outage in downtown Long Beach. Crews have also already started tethering more than 300 manhole covers to underground electrical vaults in the area as a safety measure. Southern California Edison (SCE) will provide a $100 bill credit to those who were without power for more than 24 hours during the latest outage in downtown Long Beach, and crews have begun tethering more than 300 manhole covers to underground electrical vaults in the area as a precautionary safety measure. All customers who were without power for more than 24 hours during the July 30 Long Beach outage will get a $100 bill credit. Depending on their billing cycle, the credit will appear on the next bill or the one after that. This will be in addition to the $100 bill credit being given to eligible customers for the previous outage, which occurred on July 15. SCE will be sending letters to those customers affected along with information as to when the credit will appear on their bills. The two outages in downtown Long Beach occurred within weeks of each other, and impacted thousands of SCE customers. Most had power restored within a few hours, but many experienced extended outages as Read More …
Aga Muhlach and Lea Salonga (MNS photo) It’s finally happening! The reunion movie of Aga Muhlach and Lea Salonga will push through in 2016. This was announced by Star Cinema managing director Malou Santos during the “Chat with the Chairman” event at ABS-CBN on Tuesday, as reported by Star Cinema in its website. Salonga earlier said that she will be very busy in the remaining months of 2015 and won’t be able to do a movie this year. “I have ‘The Voice’ and then I have a Broadway show. As in the day after the grand finals, I leave for New York. Our finals will be on August 29 and August 30, August 31, I’m on a plane out. So no movie this year,” she had said. Salonga will be part of the musical “Allegiance” with Japanese-American actor George Takei, which is scheduled to start previews October 6 at the Longacre Theater in New York prior to its official opening on November 8. Last month, Salonga and Muhlach attended the premiere of the digitally restored version of “Sana Maulit Muli” held at the Cine Adarna at University of the Philippines Diliman, Quezon City. Salonga hinted that the warm reception at the premiere could help railroad the reunion movie that has been in limbo. “Maraming oras na ang nakalipas since we did a movie and then to receive that kind of reception doon sa screening, talagang hindi ako makapaniwala na ganun ang naging pagtanggap ng very, very young audience,” she said. Read More …
President Benigno S. Aquino III, assisted by Mrs. Dinna Espina and Interior and Local Government Secretary Manuel Roxas II, presents the awards and memento to outgoing PNP Officer-in-Charge and Deputy Director General Leonardo Espina during the Philippine National Police Change of Command Ceremony and Retirement Honors at the Multi-Purpose Center, Camp Crame in Quezon City on Thursday (July 16). (MNS photo) MANILA (Mabuhay) – Budget Secretary Florencio “Butch” Abad on Monday defended Interior Secretary Mar Roxas against allegations that his camp was behind the inclusion of Technical Education and Skills Development Authority (TESDA) Director General Joel Villanueva in the latest batch of politicians sued in connection with the pork barrel scam. On the sidelines of the budget briefing of the Development Budget Coordinating Committee at the House of Representatives, Abad told reporters it is not in Roxas’ character to malign an ally. “I don’t think Sec. Roxas is going to do that to a close ally. I don’t think it’s in his character and nature,” he said. Earlier, a Manila Times report quoted Villanueva as saying that “jealousy” might have driven some Liberal Party (LP) stalwarts to find a way for him to be sued for the alleged misuse of his pork barrel allocation as the congressional representative of CIBAC party-list. Villanueva is accused of allegedly receiving P2.33 million in kickbacks from his pork barrel fund allocations. The Manila Times news report cited as reason for his inclusion in the case a supposed plan to ease him out of the Read More …

Mayor Rodrigo Duterte is a bold local official who seems to “endorse” violence against criminals. MANILA (Mabuhay) – Davao City Mayor Rodrigo Duterte said he is definitely not taking part in the presidential race in 2016, saying Vice-President Jejomar Binay, Senator Grace Poe and Secretary Mar Roxas can take the prize for themselves. “Hindi ko na panahon. Binay, Poe and Mar sa inyo na yan,” he said during a membership meeting of Junior Chambers International Sunday. The tough-talking mayor cited three reasons for not joining the 2016 race: his age, lack of funds and lack of support from his own family. He said he does not want to add his own “inutility” to Malacanang after the administrations of Joseph Estrada, Gloria Macapagal Arroyo and President Aquino. “Please, not me. Don’t give me the opportunity to add to the hardships of the country. Dadagdagan ko ang six years ni Estrada, Arroyo, Aquino ng 6 years din ng aking ‘inutility.’” When asked if his decision is final, Duterte paused and said he cannot run a country that is divided. He said he will run when all armed groups in the country lay down their arms. “I have had six heart attacks. Pag presidente ako, I have to deal with Bangsamoro and may China pa. Mamatay ako. But if I can get Joma Sison, Nur Misuari, the Bangsamoro to agree, then I will run but they must drop their arms first. It will be an all inclusive government,” he said. The mayor also Read More …