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Pay Piatco in full, CA orders gov’t

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Ninoy Aquino International Airport. FILE PHOTO

The government may not exercise full ownership rights over Ninoy Aquino International Airport Terminal 3 (Naia 3) until it has paid in full the P16-billion in just compensation to the Philippine International Air Terminals Co. Inc. (Piatco), the Court of Appeals (CA) has ruled.

Posted: October 19th, 2014 in Latest Business Stories | Read More »

Ongpin seeks dismissal of illegal detention raps

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roberto_ongpin

Businessman Roberto Ongpin has asked the Department of Justice (DOJ) to dismiss charges of serious illegal detention that a former employee had filed against him, turning the tables on his accuser who allegedly stole P5.3 million from his various businesses.

Posted: September 26th, 2014 in Latest Business Stories | Read More »

SC upholds tax refund for PAL

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PAL. FILE PHOTO

The Supreme Court has upheld the Court of Tax Appeals’ order for the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) to refund to Philippine Airlines some P4.55 million in excise taxes that PAL had paid, under protest, in 2007 for its imported cigarette and liquor supplies for its international flights.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

SC stops BIR on ‘alphalist’ disclosure

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The Supreme Court on Tuesday stopped the Bureau of Internal Revenue, the Department of Finance and the Securities and Exchange Commission from requiring firms to disclose an alphabetical list (alphalist) of investors who receive income payments and dividends, a regulation that has stirred concerns of capital flight and its crippling effects on the economy.  INQUIRER FILE PHOTO

The Supreme Court on Tuesday stopped the Bureau of Internal Revenue (BIR), the Department of Finance (DOF) and the Securities and Exchange Commission (SEC) from requiring firms to disclose an alphabetical list (alphalist) of investors who receive income payments and dividends, a regulation that has stirred concerns of capital flight and its crippling effects on the economy.

Posted: September 10th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

SolGen asks SC to restore raps against Sulpicio owner

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INQUIRER FILE PHOTO

The Office of the Solicitor General has asked the Supreme Court to reconsider its decision clearing Sulpicio Lines Inc. owner Edgar Go of liability for the tragic sinking of MV Princess of the Stars during a typhoon in 2008, where some 800 people were killed.

Posted: August 16th, 2014 in Latest Business Stories | Read More »

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