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House panel chair says ABS-CBN franchise best left for next Congress to decide - Vimarsana News

House panel chair says ABS-CBN franchise best left for next Congress to decide

Published January 28, 2021, 4:59 PM The chairman of the House Committee on Legislative Franchise declared Thursday that ABS-CBN network’s bid to return to the airwaves is no longer feasible and should instead be taken up in the next Congress and under a new president. This view shows the ABS-CBN network headquarters in Quezon City in the Metro Manila area. (Photo by Maria TAN / AFP / FILE PHOTO / MANILA BULLETIN) Palawan Rep. Franz Alvarez made this declaration as moves to revive the legislative franchise bills for the erstwhile network giant have become obvious in Congress. Senate Presiden...

Source: mb.com.ph
Cayetano: Vaccines, rising prices, not Chacha, should be priority - Vimarsana News

Cayetano: Vaccines, rising prices, not Chacha, should be priority

An end to rising prices of prime commodities and ensuring the availability of COVID-19 vaccines for Filipinos, not Charter change, should be the main concerns and priorities of the House of Representatives, former Speaker Alan Peter Cayetano said Saturday, Jan. 23. Rep. Alan Peter Cayetano Int

Source: mb.com.ph
Solons slam DND's move to abrogate accord with UP - Vimarsana News

Solons slam DND's move to abrogate accord with UP

(MANILA BULLETIN FILE PHOTO) Reps. Edcel Lagman (Independent, Albay); Michael Defensor (Anakalusugan Partylist) and Ruffy Biazon (PDP-Laban, Muntinlupa City) joined various sectors in defending the pact that made it mandatory for military and other state security forces to notify the University of the Philippines administration before conducting operations within its campuses. “The repressive policies of the Duterte administration have gone berserk as it is now open season for the military invasion of UP campuses,” said Lagman. He warned that the abrogation of the 1989 accord ”red-tags ...

Source: mb.com.ph
Solon asks colleagues to produce evidence on ABS CBN-DBP condonation case - Vimarsana News

Solon asks colleagues to produce evidence on ABS CBN-DBP condonation case

Published January 19, 2021, 5:58 PM The chief solon-investigator in the reported questionable deal between the Development Bank of the Philippines and the owners of the ABS-CBN that allegedly resulted in government losing P1.6 billion has asked accusers to produce the evidence that will support the allegations. This view shows the ABS-CBN network headquarters in Quezon City in the Metro Manila area. (Photo by Maria TAN / AFP / FILE PHOTO / MANILA BULLETIN) DIWA Partylist Rep. Michael Aglipay, chairman of the House Committee on Good Government and Public Accountability, aired this advise to in...

Source: mb.com.ph
DBP denies writing off ₱1.6B loans to benefit Lopez Group - Vimarsana News

DBP denies writing off ₱1.6B loans to benefit Lopez Group

endIndex: Metro Manila (CNN Philippines, January 18) — The Development Bank of the Philippines did not give the Lopez Group of Companies a free pass from its soured ₱1.6 billion loans in the early 2000s. Dumper PTDA Party-list Rep. Claudine Diana Bautista, who asked for the House inquiry, said the write-off cost the Filipino people's money. However, the state-owned bank denied writing off the unpaid loans of the Lopez family for its current and former subsidiaries Benpres Holdings, Bayan Telecommunications, Maynilad Water, and Central CATV (also known as SkyCable) when it sold these debt...