News

Iloilo City wins 3 Western Visayas Best Population awards

THE Iloilo City Government won three top spots in the Regional Search for the 2019 Kaunlarang Pantao or the Rafael M. Salas Population Development Award. The awards are Most Outstanding City Population Office (CPO); Most Outstanding City Population Officer, Mary Ann A. Ramos; and Most Outstanding Barangay Population Volunteer, Luzviminda Francisco, besting contenders in Western Visayas. They...

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Arson case in Boracay resort reaches stalemate

BORACAY ISLAND, Aklan -- The owner of the controversial Westcove Resort is looking for other possible legal remedies to seek justice on what he claimed as an arson case. Crisostomo Aquino, owner of Westcove, said the Office of the Provincial Prosecutor recently dismissed the arson case he filed against Rowen Aguirre, former Malay executive assistant at the Provincial Prosecutor's Office las...

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Singapore arbitral ruling: Bloomberry ordered to pay $296M to firm ousted from Solaire

A Singapore-based arbitration court has ordered the Bloomberry group to pay $296 million to Las Vegas-based Global Gaming Philippines LLC (GGAM)/ The amount was for arbitral award in the case filed by GGAM which claimed that it had been unjustly booted out of the management of Solaire Resorts & Casino in 2013. Bloomberry, however, said it believed the final remedies award was “fund...

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PayMaya teams up with BIR for tax payments

A tech company has teamed up with the Bureau of Internal Revenue (BIR) to ease the payment of taxes. In a statement on Monday, Sept. 30, mobile wallet app PayMaya said account holders will soon be able to transmit income tax payments through the app’s Pay Bills feature. The feature will initially benefit individuals that handle their own tax payments, like business owners and self-empl...

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These infra projects will dictate property developers' strategies beyond Duterte’s term

MANILA, Philippines — The completion of new public projects such as airports, seaports, expressways and railways should bode well for property developers and occupiers in the country, as well as spur demand for spaces outside the capital. The success of President Rodrigo Duterte’s plan to improve the country’s infrastructure backbone will strongly influence the direction of re...

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Metro Manila is the most congested city in developing Asia —ADB study

Metro Manila, the Philippines’ economic center in the capital region, is the most congested city in Asia, a study by the Asian Development Bank (ADB) showed. Metro Manila is “the most congested city in the developing Asia,” ADB director for Macroeconomics, Economic Research and Regional Cooperation Adbul Abiad said in a press conference in Mandaluyong City on Wednesday. &nb...

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