Roma Rimando, manager of St. Timothy Construction Corporation, a company owned by contractors Sarah and Curlee Discaya, surrendered to Pasig City police on Monday night, lawyer Cornelio Samaniego III, the couple 's spokesperson, said on Tuesday, Dec. 9. In a television interview, Samaniego...
The local government of Pasig has ordered the closure of nine companies owned by contractor couple Sarah and Curlee Discaya due to various violations, including over P1.1 billion in alleged unpaid taxes. The closure was ordered on Nov. 25 by the Office of the City Administrator (OCA) and the...
The Bureau of Customs (BOC) disclosed on Wednesday, November 12, the number of ways how erring customs personnel would connive with importers to defraud the government especially on the sale of luxury cars. BOC Commissioner Ariel Nepomuceno revealed this “elaborate method of cheating the...
Senator Christopher “Bong” Go reiterated on Thursday, October 16 that he does not know contractors Pacifico “Curlee” and Cezarah “Sarah” Discaya despite allegations linking him to the ongoing controversy on government flood control projects. This after the Office of the Ombudsman and...
Construction companies owned by Pacifico “Curlee” Discaya and Cezarah Rowena “Sarah” Discaya could face fines totaling P300 billion for allegedly rigging more than 1,200 flood control contracts with the Department of Public Works and Highways (DPWH). DPWH Secretary Vince Dizon said on...
The Philippine Economic Zone Authority (PEZA) has partnered with NetGlobal Solutions Inc. (NGSI) for the establishment of a digital marketplace, the first business-to-business (B2B) e-commerce unified platform for PEZA locators. Director General Tereso O. Panga and NGSI Chairman and CEO, Peter G....
China's largest manufacturer specialized in two-wheel vehicles Yadea is keen on investing about $100 million in the Philippines for the production of electric motorcycles for the domestic market. Philippine Economic Zone Authority (PEZA) Director General Tereso O. Panga described the Chinese firm...
There will be mixed price adjustments at the domestic pumps by Tuesday, May 23, but cost swings are expected to be relatively marginal, based on the calculation of the oil companies. According to industry players, the price of gasoline will rise by P0.60 to P0.90 per liter; while diesel prices will...
Work and leisure travels will come easier in the pockets of consumers next week, as domestic pump prices will be on hefty rollback by Tuesday (March 21), based on the estimates of the oil companies. As calculated by the industry players, the price of diesel products will be slashed by P1.80 to P2.20...
SPEAKING OUT Ignacio R. Bunye Eight Ayala companies were among the 85 publicly-listed companies feted by the Institute of Corporate Directors (ICD) at its Golden Arrows Awards held last week at the Sheraton Manila Hotel. The Golden Arrows recognize Philippine companies with exemplary governance...
The National Privacy Commission (NPC) has amended certain provisions of its Circular No. 2020-01, tightening the guidelines in the processing of personal data for loan-related transactions by lending firms and protecting references and guarantors used in loan applications. The new NPC Circular No....
CEBU CITY -- The Office of the City Prosecutor (OCP) in Mandaue City has affirmed its earlier decision dismissing the cyber libel charges filed by the regional director of the Land Transportation Office-Central Visayas (LTO 7) against the corporate officers and board of directors of five motorcycle...
