DOJ reverses 2017 findings, orders filing of case vs Kerwin, et al.

Inquirer.net 07/19/2018

The Department of Justice (DOJ) has ordered the filing of drug charges against self-confessed drug distributor Kerwin Espinosa, convicted drug lord Peter Co and four others. In its resolution, the DOJ panel of prosecutors reversed last year…

DPWH only spent a third of 2017 budget despite Build, Build, Build push

Inquirer.net 07/09/2018

THE Duterte administration’s infrastructure push continues to be hampered by bureaucratic bottlenecks, as shown by the Department of Public Works and Highways’ use of only a third of its P662.69-billion funding in 2017. Even as the DPWH…

Drug war worsened jail overcrowding in 2017, says COA

Inquirer.net 07/04/2018

Overcrowding in the country’s jails — housing suspects who have not even been convicted yet — got worse last year, as the Duterte administration waged its war on illegal drugs. The Commission on Audit (COA) said the…

Cebu Holdings, CPVDC post double digit growth in 2017

Jose Santino S. Bunachita 04/11/2018

AYALA Land’s (ALI) property units in Cebu will continue to grow their respective companies despite the impending merger which is expected to happen within the year. Cebu Holdings Inc. (CHI) and its subsidiary Cebu Property Ventures Development…

2017 honor graduate gives back

Cris Evert Lato-Ruffolo 03/22/2018

THE SWEET SMELL OF SUCCESS She arrived with three boxes of pizza and a Black Forest cake. Regine Villamejor, University of San Jose Recoletos (USJR) 2017 Magna Cum Laude, visited Cebu Daily News in the afternoon of…

Manufacturing investments dropped by half in 2017 due to tax reform

Inquirer.net 02/28/2018

New investment pledges in the manufacturing sector plunged last year to almost 50 percent due to the uncertainty brought by the tax reform law, top officials of the Philippine Economic Zone Authority (PEZA) said on Wednesday. New…

DOLE-7: Only 340 CV firms complied in 2017

Futch Anthony Inso 02/20/2018

13th MONTH PAY ONLY 340 business establishments out of an estimated hundreds of thousands of them in Central Visayas have given their employees their 13th month last year. Luchel Taniza, Department of Labor and Employment in Central…

PCSO’s 2017 revenues: P52.9B

Jessa Mae O. Sotto 02/12/2018

34% REVENUE GROWTH NOTED The Philippine Charity Sweepstakes Office (PCSO) collected P52.9 billion in revenues in 2017 which is a 34 percent increase as compared to the P32.5 billion revenues collected in 2016. “Ito po yong pinakamalaki…

Isuzu Phils. sets sales record in 2017

PR 02/03/2018

ISUZU Philippines Corporation (IPC), has ended the year 2017 on a very high note as the company achieved its highest annual record sales to date. Based on the sales report from the Chamber of Automotive Manufacturers of…

Philippine 2017 economic performance and where we are now

Fernando Fajardo 01/25/2018

Our Gross Domestic Product (GDP) posted a 6.6 percent growth in the fourth quarter of 2017. With the GDP growing by 6.4 percent in the first quarter, 6.7 percent in the second quarter and the adjusted 7.0…

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