The Court of Appeals has lifted the five month-long freeze order on the bank accounts of businessman Roberto Ongpin and several of his co-accused in the allegedly behest loans extended to him by the Development Bank of the Philippines.
Lottery equipment and service provider Pacific Online Systems Corp. has asked the Supreme Court to junk a lower court order restraining the state-owned Philippine Charity Sweepstakes Office from installing and operating any of the former’s online lottery terminals in Luzon.
The Regional Trial Court of Batangas City has ordered the liquidation of Steel Corporation of the Philippines (SCP) on grounds that rehabilitation is no longer a feasible option.
The Court of Appeals has junked for lack of merit the petition of three bus companies seeking to nullify the order of the Land Transportation Franchising and Regulatory Board (LTFRB), which allowed the sale of the franchise of the defunct Pantranco North Express Inc. to rival bus firms.
The Court of Appeals (CA) has ordered the country’s telecommunications firms to ditch their per-minute charging scheme for voice calls and start charging their subscribers on six-second “pulses,” giving users more value for their money.
The Dipolog Regional Trial Court (RTC) has set a “judicial trend” in ruling against a ban on open-pit mining and this might eventually help resolve the constitutionality issue on other ordinances banning open pit mining, such as the one in South Cotabato, former presidential adviser on Mindanao affairs Jess Dureza said in a statement.
MANILA, Philippines—One of the country’s largest business groups backed, on Wednesday, the decision of the Supreme Court to recall its supposedly final ruling on the termination of 1,400 flight attendants of Philippine Airlines in 1998. In a statement, Philippine Chamber of Commerce and Industry Inc. (PCCI) president Francis Chua said the high tribunal “displayed extraordinary [...]
Forcing foreign shareholders to divest a significant portion of PLDT common shares could wreak havoc on the company’s financial health as well as that of the local capital market, company chairperson Manuel V. Pangilinan said on the sidelines of the Philex Mining Corp. stockholders meeting.
