Mayor Osmena okays changes on FLI development plan for SRP lots

February 27, 2010 11:03 pm· Comments Off 

CEBU CITY, Feb. 27 – Cebu City Mayor Tomas Osmena has authorized the changes in the development plans of Filinvest Land Inc. (FLI) for the construction of buildings on the 10-hectare Pond F and its multi-billion-peso joint venture with the city government on a 40-hectare lot at 290-hectare South Road Properties (SRP).

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Cebu’s 4th district gets P796M in infra funds since 2008

February 27, 2010 11:03 pm· Comments Off 

CEBU CITY, Feb. 27 – The national government has poured some P796 million in various infrastructure projects to Cebu’s fourth district since 2008.

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Cebu City to course extra allowance for judges thru SC

February 27, 2010 11:03 pm· Comments Off 

CEBU CITY, Feb. 27 – The Cebu City government may course through the Supreme Court its P24-million allocation for the increase of the allowances of the judges assigned in the city to avoid controversy in the cash assistance.

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LBP exempts Cebu City from paying P12.5M fee

February 27, 2010 11:03 pm· Comments Off 

CEBU CITY, Feb. 27 – The Land Bank of the Philippines (LBP) has approved the Cebu City government’s request for exemption from paying P12.5 million as “pre-termination fee” for the advance payment of P417.5 million set aside to settle two of its three foreign loans.

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Thai court confiscates US$ 1.4-B of Thaksin's frozen assets

February 27, 2010 11:03 pm· Comments Off 

BANGKOK, Feb. 27 — Thailand's Supreme Court Criminal Division for Holders of Political Positions on Friday seized assets valued at Bt46 billion (US$ 1.4 billion) from former prime minister Thaksin Shinawatra out of the entire Bt76.6 billion (US$ 2.3 billion) in his frozen assets.

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Political uncertainties still key risk factor to economy: Thai central bank

February 27, 2010 11:03 pm· Comments Off 

BANGKOK, Feb. 27 — The Thai economy is expected to continue growing, supported by the global economic recovery, but political uncertainties remain a key risk factor and must be closely monitored before revision of the growth estimate is made, Bank of Thailand (BoT) said.

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S. Korea deploys peacekeeping troops to Haiti

February 27, 2010 11:03 pm· Comments Off 

SEOUL, Feb. 27 — South Korea on Saturday sent hundreds of troops to Haiti to take part in a United Nations peacekeeping mission in that quake-stricken nation, the military here said.

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Magnitude 8.5 quake strikes Chile

February 27, 2010 11:03 pm· Comments Off 

MOSCOW, Feb. 27 – An earthquake measuring 8.5 on the Richter scale struck central Chile in the early hours of Saturday, U.S. Geological Survey said.

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NATO keeps open door for Georgia, Ukraine

February 27, 2010 11:03 pm· Comments Off 

WASHINGTON, Feb. 27 — North Atlantic Treaty Organization (NATO) keeps the door open for possible accession of Georgia and Ukraine provided these nations comply with criteria required for membership, an official of the alliance said Saturday.

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Bosworth eyes six-way nuke talks' resumption soon

February 27, 2010 11:03 pm· Comments Off 

TOKYO, Feb. 27 – U.S. special envoy to North Korea Stephen Bosworth said Saturday in Tokyo he hopes to see "fairly soon" resumption of the stalled six-party talks on North Korea's nuclear programs.

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