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Monday, March 16, 2015
The Voice Kids Season 2 goes to Starmall
Wednesday, March 11, 2015
CELEBRATE ARAW NG DAVAO WITH CAMELLA!
Wednesday, March 4, 2015
Who Lost
It was a victory for the government, as
an arbitration committee ordered CJH Development Corporation (CJHDevco) to
vacate Camp John Hay in Baguio City and return the property to the Bases
Conversion and Development Authority (BCDA). But is it really a victory that
should be celebrated? Who really won this battle and most who lost this battle?
The biggest losers are the following:
(1) the AFP, because of this reverse privatization’s major setback to the Armed
Forces’ modernization program; (2) the national government, owing to the black
eye to President Aquino’s pet Public-Private Partnership when the PPP is
already wracked by undue project delays, flip-flopping official policies, and
controversies surrounding public auctions of big-ticket ventures; and (3) the
City of Baguio, which is now at a loss on how to collect its overdue 25% share
of all JHSEZ rentals paid to the government.
Tuesday, February 24, 2015
The Facts
The BCDA was requested
to return to CJHDevCo give or take Php1.42 Billion in rentals that it had paid
to the BCDA. CJHDevCo was asked to return the Leased Property and turn it over
to the BCDA with all enhancements that CJHDevCO had presented in that amid the
term of the lease. BCDA was discovered to be in breach of their contract. CJHDevCo was acquitted of obligation for
the Php3.3 Billion in back rentals that
the BCDA had leveled against CJHDevCo.
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- philbert
- Makati, Philippines
- The name that dare's to be different. I love you too don't you know.
