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Court clears Sobrepeña in P1B fraud

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Camp John Hay Development Corp. (CJHDevCo) chairman and CEO Robert John L. Sobrepeña. INQUIRER FILE PHOTO

A court in Pasay City dismissed a P1.15-billion estafa charge filed in June by the government against businessman Robert John Sobrepeña for allegedly concealing money that should have been used to pay his debts when he was allowed to defer rent for Camp John Hay here in 2000.

Posted: September 9th, 2014 in Latest Business Stories | Read More »

Baguio offers investors new profit opportunities

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PINE IS FINE. Baguio residents have been vigilant about the city’s remaining trees, which help sustain its aquifer. Investments that could protect the forest are welcome. RICHARD BALONGLONG/ 
INQUIRER NORTHERN LUZON

Rains have pounded the summer capital again and, for a city that lives off rationed water, each unused drop could be money down the drain.

Posted: August 17th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Tourism fastest way to inclusive growth, says DOT chief

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Tourism Secretary Ramon Jimenez Jr. FILE PHOTO

The government aims to lure millions more international tourists to the country by 2016 to create more jobs and reduce the unemployment rate, Tourism Secretary Ramon Jimenez Jr. said here on Monday.

Posted: June 30th, 2014 in Latest Business Stories | Read More »

US execs, trade group eye Pangasinan products

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pangasinan brotherhood usa

A group of American officials and a US-based Pangasinan community group are in the province to explore the possibility of importing locally made products into the United States and war-torn Afghanistan.

Posted: June 25th, 2014 in Latest Business Stories | Read More »

Isabela bioethanol plant lays off 1,200 workers

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san mariano isabela map

About 1,200 workers of a bioethanol producer in San Mariano town, Isabela province, will be laid off starting next month as the harvest season for sugarcane ends in Isabela province.

Posted: June 24th, 2014 in Latest Business Stories | Read More »

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