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Former GMA Cabinet member appointed energy secretary by PBBM

MANILA - President Ferdinand Marcos Jr. has chosen a former cabinet member of the Arroyo administration as the secretary of the Department of Energy. "The President has designated a new Energy Secretary, Raphael Perpetuo Lotilla," Press Secretary Trixie Cruz-Angeles said in a press statement. Lotilla was Energy Secretary under the administration of President Gloria Macapagal Arroyo from 2005-2007. He was also Deputy Director General of the National Economic Development Authority (NEDA). Prior to his appointment to DOE, Lotilla was President of the Power Sector Assets and Liabilities Management Corporation (PSALM). PSALM is the government corporation tasked to manage the privatization of power generation assets, independent power producers contracts and other non-power assets, including the management of financial obligations and stranded contract costs of the state-owned National Power Corporation (NPC). Lotilla began his career in the academia as Assistant Professor of Law i ....

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Former GMA Cabinet member appointed energy secretary by PBBM

New Energy Secretary Raphael Perpetuo Lotilla MANILA - President Ferdinand Marcos Jr. has chosen a former cabinet member of the Arroyo administration as the secretary of the Department of Energy. "The President has designated a new Energy Secretary, Raphael Perpetuo Lotilla," Press Secretary Trixie Cruz-Angeles said in a press statement. Angeles said the designation of Lotilla "is right now a nomination, pending clarification of his employment status." "Atty Lotilla, President Ferdinand Marcos Jr's personal choice to head the DOE, is currently an independent director of Aboitiz Power and also of ENEXOR," she added. Sec. 8 of Republic Act 7638 or the Act Creating the Department of Energy states that "No officer, external auditor, accountant, or legal counsel of any private company or enterprise primarily engaged in the energy industry shall be eligible for appointment as Secretary within two (2) years from his retirement, resignation, or separation ....

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Antilles Gold Ltd wins long-running tax-related dispute with Dominican Republic Government

Antilles Gold Ltd (ASX:AAU, OTCQB:ANTMF) has had two significant wins in its long-running disputes with the Dominican Republic Government. The first is a. ....

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Antilles Gold Ltd wins long-running tax-related dispute with Dominican Republic Government

Antilles Gold Ltd (ASX:AAU, OTCQB:ANTMF) has had two significant wins in its long-running disputes with the Dominican Republic Government. The first is a. ....

Las Lagunas , La Altagracia , Dominican Republic , Pueblo Viejo , La Vega , World Bank , District Of Columbia , United States , City Of , United Kingdom , International Centre For Settlement Of Investment Disputes , Dominican Constitutional Court , Favourable Constitutional Court , Constitutional Court , Constitutional Court Judgement , Supreme Court , Taxation Department , Supreme Court Judgment , Antilles Gold Ltd , Envirogold Las Lagunas Limited , International Centre , Investment Disputes , Antilles Gold , Dominican Courts , Special Contract , Dominican Constitutional ,

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