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MANILA, Philippines — The Office of the Ombudsman has lifted the suspension order against 23 of the 141 National Food Authority (NFA) officials and employees who are facing investigation in connection with the allegedly anomalous sale of the government’s rice buffer stocks to private traders.
MANILA, Philippines — The Department of Environment and Natural Resources (DENR) will look into other establishments operating at the Chocolate Hills in Bohol amid reports that there are other such structures within the protected area.
Senator Win Gatchalian wants the Bureau of Immigration to proactively confiscate the alien certificate of registration cards (ACR-I) issued to all foreigners involved in Philippine Offshore Gaming Operators (POGOs) engaged in criminal activities.
MANILA, Philippines — The Department of Environment and Natural Resources (DENR) said it is studying whether the controversial Captain’s Peak Resort located within the vicinity of the Chocolate Hills should be allowed to operate once it complied with the necessary documents.
MANILA, Philippines — Inaresto ng PNP Anti-Cybercrime Group (ACG) ang isang maintenance crewman dahil sa paglabag sa ‘Safe Spaces Act’, at ‘Violence against Women and Children (VAWC) Act’.
Universal Robina [URC 41.40 unch] [link], the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land. Full-year sales were P158.4 billion (up 6%), operating income was P17.4 billion (up 14%), and core net income was P12.6 billion (up 6%). URC said that its core net income was boosted by “operating income growth”, but “tempered” by the drag of “higher interest rates”.
TOKYO, Japan — The release of wastewater from Japan's stricken Fukushima nuclear plant was suspended on Friday following an earthquake, its operator said while stressing that the move was precautionary.
DoubleDragon [DD 8.13, down 0.6%] [link], the property developer owned by Injap Sia and Tony Caktiong, announced that it has already broken ground on its 680-room Hotel101-Madrid and signed a contract for the hotel’s construction with Ferrovial Construction. Full-scale construction is scheduled to begin in April of this year, and be fully completed by Q4/25 which is “just in time” for a massive tourism event, the Madrid F1 Grand Prix. The press release said that when it is completed, the Hotel101-Madrid will be “one of the top 5 largest hotels in Madrid”.