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Cost of NAIA-3 repair, completion may hit P800M

The total cost of construction of the mothballed Ninoy Aquino International Airport Terminal 3 project (NAIA-3) may escalate by almost P800 million after airport authorities opened a fresh bidding for the repair and completion of the facility.

QC police start demolition of houses in disputed area

The Quezon City Police District has started demolishing the houses of some 200 families said to be illegally occupying a disputed portion of Camp Karingal in Sikatuna, Quezon City, to give way to the construction of quarters for its men.

Despite strong peso, OFWs still buying houses

THE PESO’S sharp appreciation against the dollar has neither dampened overseas Filipinos’ interest in buying real estate nor resulted in delinquency in their housing loans so far, BPI Family Bank said.
Alfonso Salcedo, president of BPI Family Bank–the thrift bank subsidiary of the Ayalas’ Bank of the Philippine Islands–said housing loans from overseas Filipinos were still […]

Gov’t readies sale of 70 hectares of FTI complex

Agriculture Secretary Arthur C. Yap said he was rushing the privatization of the 120-hectare Food Terminals Inc. complex in Taguig City as the state-run Government Service Insurance System had offered P7 billion for the property.

E-court project makes debut in Marikina City court rooms

The city government of Marikina Wednesday started its electronic court (e-court) project to facilitate and enhance court transactions and services.

QC is richer by P7B, says treasurer

Quezon City’s business friendly and propeople system of taxation has hiked up the locality ’s cash on-hand to close to P7 billion for the first month of the year.

PNP orders MM station commanders out to the streets

Director General Avelino Razon Jr., Philippine National Police chief, has ordered all police station commanders in Metro Manila to spend six hours in the field to personally supervise police visibility operations.

Private motorists group wants tricycles off main roads

Private motor vehicle owners on Wednesday challenged the Land Transportation Office to strictly implement a law banning public utility tricycles from using major roads.

CLARK: IBM eyes lucrative IT market in Clark

With a good number of investor-firms, Clark Field is becoming a lucrative IT market, according to technology company IBM.

TACLOBAN: City hikes business taxes by 10%

The (Tacloban) city government here expects to increase revenue collections this year, as it raises business taxes by an average of 10%, city Treasurer Edgardo Macion said in a recent interview.

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