Business

Forest Destruction in Philippines Due to Mining ? Cordillera NGO

The Department of Environment and Natural Resources (DENR) blames the expansion of agricultural lands for the decrease of forest cover while the Cordillera Peoples Alliance (CPA) points to large-scale mining as the major cause of forest destruction in the region.

BY MA. LEONEZA B. RIGONAN
Northern Dispatch
Posted by Bulatlat

BAGUIO CITY ? Who is telling the truth?

The Department of Environment and Natural Resources (DENR) blames the expansion of agricultural lands for the decrease of forest cover while the Cordillera Peoples Alliance (CPA) points to large-scale mining as the major cause of forest destruction in the region.

(more…)

Continue ReadingForest Destruction in Philippines Due to Mining ? Cordillera NGO

SM City Davao to Open IT Park

DAVAO CITY — With many investors on information and communication technology (ICT) scouting for space to locate, the coming in of SM City to develop an IT park is very timely.

Davao City council committee chair on trade, commerce and industry Peter Lavina in an interview said several interested locators wanting to come to Davao but could not find the right place.

(more…)

Continue ReadingSM City Davao to Open IT Park

Mining Firms in Philippines Yield to Communists’ Demands

By Mai Gevera
Philippine Information Agency

DAVAO CITY — A report received by Mining and Geosciences Board regional director Ed Arreza confirmed that mining firms have been yielding to the demands of rebel groups.

He bared this during the Kapehan sa Dabaw yesterday after a high-ranking military official divulged that elements of the New People?s Army have been milking the coffers of these mining companies.

(more…)

Continue ReadingMining Firms in Philippines Yield to Communists’ Demands

Philippines: San Miguel Sells Del Monte Stake to JV Partner

SAN MIGUEL CORPORATION
CORPORATE AFFAIRS OFFICE
MEDIA AFFAIRS

April 13, 2007

NEWS RELEASE

SAN MIGUEL SELLS DEL MONTE STAKE TO JV PARTNER

San Miguel Corporation and the NutriAsia Group controlled by Joselito D. Campos today announced that San Miguel is selling its entire minority stake in joint venture company NutriAsia San Miguel Holdings Ltd. to the NutriAsia Group. NutriAsia San Miguel Holdings Ltd. owns 100% of NutriAsia Pacific Ltd. which in turn owns 84.5% of Del Monte Pacific, Ltd. (DMPL).

(more…)

Continue ReadingPhilippines: San Miguel Sells Del Monte Stake to JV Partner

Philippines: Police Seize 84-Million Peso Worth of Fake Vuitton, Lacoste

NEWS RELEASE

PNP seizes P84 million worth of LV and Lacoste fakes
Brings total haul of NCIPR to P3.3 billion

The Criminal Investigation and Detection Group (CIDG) of the Philippine National Police (PNP) conducted recently a back-to-back raid, and confiscated counterfeit Louis Vuitton and Lacoste items valued at more than P84 million. The newly created CIDG Anti-Economic Task Force directed the operation dubbed Oplan Mega Shoppers in Harrison Plaza Shopping Center in Manila and Market, Market Shopping Mall in Taguig. Close to P80 million worth of Louis Vuitton knockoffs were seized in 17 stalls inside Harrison Plaza while P4 million worth of fake Lacoste items were seized in seven stalls in Market, Market.

(more…)

Continue ReadingPhilippines: Police Seize 84-Million Peso Worth of Fake Vuitton, Lacoste