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Thursday, September 17, 2009

 

Subic investments remain flat

 
By Ben Arnold O. de Vera, Reporter
 
The Subic Bay Metropolitan Authority (SBMA) said it expects investment pledges in the Freeport this year would be flat on the back of the global economic slowdown.

Armand Arreza, SBMA administrator, told reporters that there have been several projects in the Subic Freeport zone that were delayed as a result of the global economic slowdown.

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O T H E R   R E P O R T S

 

SOUTHEAST Asia’s largest food and beverage conglomerate said it has completed the acquisition of shares in the consortium that will build the Tarlac-Pangasinan-La Union Toll Expressway (TPLEx) that would make it the biggest single shareholder of the company.

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THE Special Investigation “Task Group Baltazar” has filed a murder case against the suspects in the killing of Eulogio Baltazar, officer in charge of the Provincial Environment and Natural Resources Office of Davao Oriental, reports reaching Camp Crame Wednesday.

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BAGUIO CITY: The Bureau of Internal Revenue (BIR)-Cordillera recently issued a strict warning to all local business establishments in the city to properly declare their gross sales or face closure.

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THE Office of the Ombudsman indicted before the Sandiganbayan a provincial mayor, her vice mayor and treasurer and 11 members of the Sangguniang Panlungsod in three separate Informations filed at the anti-graft court...

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Paraan BAGUIO CITY: The Philippine flag in public and private institution are in half mast, as city residents mourn the death of 92-year-old former Mayor Francisco “Ping” Paraan of Baguio City who succumbed to a liver failure while vacationing in Bataan province

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Phgifts

 

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Severino O. Frayna Jr., Benjie Dela Rosa
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