Cagayan de Oro City 2nd District Rep. Rufus Rodriguez on Wednesday urged the Department of Energy (DOE) to immediately allow exploration activities for its service contractor in Recto Bank for it to fulfill its contract obligations. “We understand that Forum Energy is raring to explore Recto Bank for gas and oil. We support the contractor’s plan to go into exploration activities. We call on the DOE to give its go-signal,” Rodriguez said in a statement. Based on records from the DOE, Forum Energy, which is controlled by billionaire-businessman Manny V. Pangilinan, is required to drill two offshore appraisal
President Ferdinand R. Marcos has expressed full support for the development of the Multispectral Unit for Land Assessment (MULA) satellite project. This, after Marcos on Tuesday met with officials of the Philippine Space Agency (PhilSA) and the Department of Science and Technology (DOST) at Malacañan Palace in Manila to discuss the national space program. During the meeting, Marcos expressed optimism that the target to launch MULA satellite in 2025 will be achieved, Malacañang said in a news release on Wednesday. “I am looking forward to the development of our MULA satellite and its subsequent launching sometime in
A 360-degree view of the mountains, including the majestic Sierra Madre, the corn plantation on the hills, the tributaries of Cagayan River, and several waterfalls are the boast of the town of Nagtipunan, but the place is more than just a sight to see as immersing in the different cultures of the tribes here is also a higher level of experience. Situated in the mountainous Quirino province, Nagtipunan is a first-class municipality with over 25,000 population count in its 16 barangays and covers almost half of the province. The town’s weather is cool and breezy at dawn and
Former rebels in Negros Oriental are set to get government assistance on Friday. Department of Social Welfare and Development (DSWD) regional director Shalaine Lucero told the Philippine News Agency on Wednesday that the distribution of livelihood assistance at a local hotel here will be for former rebels who were evaluated and have qualified as beneficiaries under the Payapa at Masaganang Pamayanan (PAMANA) project, Executive Order No. 70 and Kapatiran programs. “We are giving them assistance because they have already surrendered and returned to the government and we want to make sure that they will have a sustained income
The Court of Tax Appeals (CTA) has set aside a tax assessment against a local corporation, the IBM Plaza Condominium Association Inc., for more than PHP50 million due to technical lapses. In its 13-page decision dated October 14, the tax court en banc set aside a tax assessment against the association representing supposed deficiency income tax, value added tax (VAT) and expanded withholding tax (EWT) for 2008. The tax court, affirming its 2019 ruling on the case, said the firm had been “denied due process” since revenue officials failed to issue the required “notice of informal conference” or
Senator Jinggoy Estrada said Wednesday there is no proposal to ban Korean and other foreign-made movies in the country, clarifying that his earlier statement was made out of frustration over the state of the Philippine entertainment industry. During Tuesday’s finance budget sub-committee hearing of the Film Development Council of the Philippines (FDCP), Estrada admitted that banning foreign-made shows sometimes crossed his mind, pointing to the lack of support for the local film industry from movie-goers. “While we are only too eager and willing to celebrate South Korea’s entertainment industry, we have sadly allowed our own to deteriorate because
