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Saturday, May 23, 2009 |
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SBMA to grant incentives to investors |
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Administrator Arreza says fiscal perks could be
granted to projects endorsed by the Olongapo City government
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By Ben Arnold O. de Vera, Reporter
The Subic Bay Metropolitan Authority (SBMA) is currently working on
the implementing rules for a scheme where investments in Olongapo
City can also avail of some incentives granted to registered firms
at the Subic Bay Freeport.
“We are working it out with Olongapo City
officials so that businesses located in Olongapo would qualify for
some incentives under Executive Order [EO] 675,” said Armand
Arreza, SBMA administrator.
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Three-man independent panel starts investigation
of Subic Freeport drug case
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THE three-man independent panel that investigated the “Alabang
Boys” has started its investigation into the questionable
disappearance of suspected international drug-lord Anthony
“Anton” Ang after he was caught in possession with some
P5-billion worth of high-grade shabu at the Subic Freeport Zone.
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Suspected NPA rebels seize 2 policemen, soldier in Compostela
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ZAMBOANGA CITY: An army commander was injured after his unit clashed
Friday with suspected New People’s Army (NPA) rebels who seized
two police officers and a soldier in Compostela Valley province,
officials said.
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Ombudsman indicts revenue officers
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MALVERSATION of public fund charges were filed by the Office of the
Ombudsman against two revenue collection officers of the Bureau of
Internal Revenue in Bukidnon and Iloilo for allegedly failing to
remit some P330,000 and P160,000 in collections, respectively.
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Durano sees tourism industry growing
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SUBIC BAY FREEPORT: Tourism Secretary Ace Durano called on
government and lawmakers to focus on the tourism sector and help
create more laws that would boost the industry.
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Ilocos Sur governor launches history book
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A book on the history of Ilocos Sur province in illustrated form
will be launched on Wednesday, May 27, 7 p.m. at the Main Lobby of
the Ayala Museum on Makati Avenue, Makati City.
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WB rates ARMM projects as ‘satisfactory’
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COTABATO CITY: In contrast to reported anomalies involving some
World Bank-funded projects in other regions of the country, the
World Bank evaluation team has rated the projects implemented by the
Autonomous Region in Muslim Mindanao (ARMM) as “satisfactory”
for the past six years in the region.
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