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MANILA, Philippines — Former Supreme Court senior associate justice Antonio Carpio yesterday urged the Philippine government to challenge China to submit to arbitration its territorial dispute over Panatag (Scarborough) Shoal to finally settle which country has sovereignty.
Naman Ramachandran Bangkok-based film fund Purin Pictures will disburse $140,000 to three Philippines and one Indonesian film as part of its fall grants. The Purin committee has chosen three fiction and one documentary projects for production support and one documentary project for post-production support. “The Remotes” is John Torres’ first fiction film after two decades of making documentaries.
Phoenix Petroleum [PNX 6.00 unch; 0% avgVol] [link] and BDO [BDO 128.50, down 0.4%; 55% avgVol] announced that the two parties had negotiated a sale-leaseback agreement to restructure PNX’s outstanding debt. PNX said that the agreement, which covers unspecified “terminals, depots, and retail stations”, will provide PNX with P9 billion that it will use to meet its current debt obligations and reduce its overall indebtedness. The terms of the agreement were not made public, but BDO did say that PNX will have the exclusive right to repurchase the assets in 3-5 years from BDO “under certain terms and conditions”.
BUOYED by the success of the «early voting hour,» the Commission on Elections (Comelec) plans to implement the scheme in the midterm elections and Barangay and Sangguniang Kabataan Elections (BSKE) in 2025.
An official of the Metro Manila Development Authority (MMDA) said on Saturday that they will be imposing higher penalties for motorists violating the “Exclusive City Bus Lane/Bus Carousel Lane” regulation along EDSA.
MANILA, Philippines — The United States’ top diplomat underscored with his Chinese counterpart China’s dangerous and unlawful actions in the West Philippine Sea and reaffirmed commitments to the Philippines.
MANILA, Philippines — Casa de Memoria announced that the eagerly awaited Segundo Auction is set to take place on November 18 at the Palacio de Memoria.
MANILA, Philippines — The defense chiefs of the Philippines and the United States have committed to “redouble efforts” to strengthen coordination and interoperability of the two nations’ armed forces as well as to modernize the Philippine military.