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Duterte also thanks Gokongwei family for offer to deploy aircraft for distressed Filipino workers (Eagle News) — President Rodrigo Duterte appeared to have reconciled with Lucio Tan on Tuesday night, after the business tycoon who was once publicly slammed by the chief executive for his airline’s then-unpaid debts offered one of his planes for use by Overseas Filipino Workers being repatriated from Kuwait. “(Tan) called yesterday offering another plane..Nabayaran mo naman na taxes mo, at […]
Ibinunyag ng isang dating tauhan ni Lucio Tan na may tax deficiencies o hindi pa nababayarang buwis ang bilyonaryo. Aabot daw sa mahigit isang trilyong piso ang kailangang bayaran ng negosyante sa pamahalaan.
(Eagle News) — The Palace on Friday welcomed Philippine Airlines’ settlement of its P6 billion in unpaid dues. Presidential Spokesperson Harry Roque said in a statement that the paid amount which represents debt incurred by PAL from the 1970s to July 2017 will be used for the government’s “priority programs.” “The conclusion of this long-standing issue under the Duterte administration underscores our strong commitment to decisively act on matters that would greatly benefit the nation’s best […]
QUEZON City, Philippines (Eagle News) — President Rodrigo Duterte said rich businessmen like Lucio Tan should pay taxes. In his speech made in front of the Filipino community in Doha, Qatar, the President said that there is a need to collect taxes to cover the expenses of government programs. “In the fullness of God’s time, I am sure, as long as there is no corruption and I am able to get the taxes that these […]
(Eagle News) — President Rodrigo Duterte lashed out at the people he called “oligarchs” of the country, saying they were his “enemies” who had “nothing else to do but sit and use their influences.” Speaking to around 7500 Filipinos at the Lusail Sports Arena in Qatar on Saturday, Duterte said based on information he received, for instance, the owner of Inquirer purchased a piece of land from the government in Makati under a “sweetheart deal.” […]
MANILA (PNA) — The Group of Dr. Lucio C. Tan formally sealed the deal with San Miguel Corporation (SMC) to buy back Philippine Airlines (PAL), SMC and PAL Holdings, Inc. disclosed to the Philippine Stock Exchange (PSE) Tuesday morning. In their disclosures, the companies said that, “The two biggest stockholders of Philippine Airlines – San Miguel Corporation (SMC) and the Group of Dr. Lucio C. Tan – signed a joint agreement whereby SMC expressed willingness […]
