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The government has given the go signal to the Department of Transportation and Communications (DOTC) to establish a high quality, viable and sustainable bus rapid transit system in Cebu through the Bus Rapid Transit (BRT) project. In a statement, the Department of Budget and Management (DBM) said it has approved…

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BAYOMBONG, Nueva Vizcaya: The provincial leadership here is demanding payment of some P1.7 billion in taxes from an American firm managing and operating an irrigation and power project in Alfonso Castañeda town. Records at the provincial treasurer’s office show that this amount represents the arrears from real property tax payments…

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Soon-to-be-listed Trans-Asia Petroleum Corp. (TA Petroleum) signed a deal with Frontier Energy Ltd. and Frontier Oil Corp. to participate in an oil exploration endeavor in Calauit in northwestern Palawan. In a disclosure, TA Petroleum’s parent Trans-Asia Oil and Energy Corp. said TA Petroleum entered into a memorandum of agreement with…


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Philex Mining Corp. said it has started talks with the National Power Corp. (NPC) over possible remediation measures to be conducted in watershed areas affected by the tailings leak from the Padcal copper gold mine two years ago. Manuel Agcaoili, Philex senior vice president and Padcal resident manager for operations,…

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LOS ANGELES – FBI agents on Saturday tracked down and killed a man suspected of kidnapping a teenage girl in California and fleeing with her into the Idaho wilderness. After officials spotted a campsite in the remote Idaho backwoods from the air, an FBI tactical team went in on…

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KUALA LUMPUR – A Malaysian plantation manager held hostage by Philippine Muslim extremists said he escaped before dawn under the cover of a tropical downpour after almost nine months in abysmal conditions, reports said Sunday. Tung Wei Jie, 26, who was seized in the Malaysian state of Sabah on…

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The Department of Budget and Management (DBM) has released P2.86 billion to the country’s police force to cover repair and maintenance expenses and the procurement of mission-essential equipment for mobility, firepower, communication, and investigation. In a statement, the DBM said the fund was released to the Department of Interior and Local Government…

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The Philippines expects higher palay and corn production in the second half of the year because of expanded harvest areas and better yield resulting from increased government interventions in all rice and corn producing regions. In its latest forecast, the Department of Agriculture’s Bureau of Agricultural Statistics said the…

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Because of difficulty in securing commercial-scale agricultural lands in the Philippines, hybrid rice producer SL Agritech Corp. (SLAC) said it may shift its planned joint venture with First Pacific Co. Ltd. to Indonesia. Henry Lim Bon Liong, SLAC president and chief executive officer, said they are scouting for rice plantations…