Press Release - Dela Rosa: Opening statement
SENATOR RONALD "BATO" DELA ROSA
Rights latest news
China operating 'fully functional' military base on Subi Reef
MANILA, Philippines — China now runs a fully functional military base on Subi Reef (Zamora) after years of unimpeded construction of military facilities there.
DA-4Ks celebrates 2024 National and International Day of the World’s Indigenous Peoples
The Department of Agriculture-Kabuhayan at Kaunlaran ng Kababayang Katutubo (DA-4Ks) Program led the agency’s celebration of the 2024 National and International Day of the World’s Indigenous Peoples during the opening of the week-long celebration on August 5, 2024.
Metro Global parent pays down debts with shares to avoid delisting
Metro Global Holdings [MGH suspended] [link] has avoided being automatically delisted by the PSE for its persistent violation of the exchange’s minimum public ownership rule. MGH had until Monday morning to raise its public float to at least 10% to avoid triggering the PSE’s automatic delisting process. It appears as though MGH brought itself into compliance with the rule by assigning 55 million shares of MGH to “a third party investor”, Smart Share Investments Limited (SSIL), which the companies considered as partial payment of a debt owed by Fil-Estate Management (FEM), MGH’s parent company, to SSIL. The transaction raised MGH’s public float to 10.67%, which is above the PSE’s 10% minimum. The PSE indicated that MGH will no longer be automatically delisted, however, it is still suspended, as it has been for nearly two decades, for its reporting failures.
Cannes’ Un Certain Regard Queer Romance ‘Viet and Nam’ Finds North American Home With Strand Releasing (EXCLUSIVE)
Elsa Keslassy International Correspondent Strand Releasing has acquired North American rights to “Viet and Nam” which premiered at this year’s Cannes Film Festival in Un Certain Regard. Directed by Truong Minh Quý, the film tells the passionate love story of two young coal miners who face separation and ultimately make sacrifices to stay together. Represented in international markets by Pyramide International, “Viet and Nam” stars Pham Thanh Hai and Dao Duy Bao Dinh.
‘Remove travel tax for economy class passengers’
MANILA, Philippines — Invoking the constitutional right to travel, Sen. Raffy Tulfo is pushing for a bill that will remove the travel tax imposed on passengers flying economy class.
Marcos urged to realign NTF-ELCAC budget to social services
MANILA, Philippines — Minority lawmakers at the House of Representatives are once again pushing to realign the budget of the government's anti-insurgency task force to education and social welfare programs.