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(Eagle News) — The Senate has moved to block payment for the Chinese-offered “Safe Philippines Project” in its version of the 2019 national budget. In a statement, Senator Ralph Recto said the Senate has included two provisions which have this effect on the CCTV-based emergency response system that was supposed to pilot in Metro Manila and Davao City. The first provision, under the Unprogrammed Fund section of the national budget, specifies that no amount appropriated “shall be […]
(Eagle News)—The Supreme Court has junked the Private Hospitals Association of the Philippines’ petition against a law that imposes increased penalties on medical institutions and personnel who make payments a prerequisite for administering basic emergency care and allowing confinement. In dismissing the petition against Republic Act No. 10932, or the Act Strengthening the Anti-Hospital Deposit Law, the SC focused on procedural issues, noting also what it said were the “hypothetical scenarios” presented in the petition in the first […]
(Eagle News)–The removal of the Xiamen plane that got stuck in a Ninoy Aquino International Airport runway last week cost the Manila International Airport Authority some P15 million. In a television interview on Tuesday, Aug. 21, MIAA General Manager Ed Monreal said this was, however, only the initial cost that covered the manpower and the rental for the equipment used to extricate Xiamen Air flight MF8667 from the 06/24 runway. “I met with the Chairman of Xiamen […]
ROME, Italy (AFP) — Italy will pay up to 17 billion euros ($19 billion) to break up two insolvent Venetian banks, which have posed a threat to the country’s banking system, the government announced Sunday. Both face bankruptcy and European authorities had urged Italy to devise a rescue framework, selling off the good assets of the stricken Banca Popolare di Vicenza and Veneto Banca and transferring their toxic assets to a “bad bank,” essentially financed […]
