ENCOUNTERHarold Geronimo, head of Public Relations and Communications, and Jericho Go, senior vice president (right), present a location map of Megaworld’s two township sites in Bacolod City at a  press conference yesterday.*

Sandigan to arraign
Monico on April 15

The Sandiganbayan Fourth Division denied the motion to quash filed by Bacolod Mayor Monico Puentevella, et al, in the complaint filed against them for the questionable purchase of the Information Technology package worth about P26 million, from his Priority Development Assistance Fund when he was yet congressman of Bacolod City, and set their arraignment on April 15.

The arraignment of the case as docketed SB-14-CRM-0108 was set by the Court since it has not received up to this time any temporary restraining order or injunctive writ from the Supreme Court barring it from proceeding with the case. This was despite Puentevella’s petition for certiorari, based on the notice of resolution issued by Sandiganbayan Associate Justices Jose Hernandez, chairman; Alex Quiroz and Maria Cristina Cornejo dated March 18.

There is, therefore no justification to suspend the proceedings, the SB said.moremoremore

Megaworld  investing
P35B in Bacolod

Megaworld is investing P35-billion in the next 10 years to build two townships in Negros Occidental, that are expected to generate 250,000 jobs, Jericho Go, Megaworld senior vice president, announced at a press conference at L’Fisher Hotel in Bacolod City yesterday.
It will be the biggest real estate investment in Negros Occidental, said Go, who described Megaworld as the country’s leading developer of integrated urban townships and the biggest office developer and landlord.
Harold Geronimo, Megaworld public relations and communications head, said Megaworld is investing in Bacolod because it is a rising booming city in the Philippines and this is the right time for Megaworld to come in.

Go said the first township, to be called The Upper East, is located on a 34-hectare property that used to be the Bacolod-Murcia Milling Co. on the eastern side of Bacolod City.moremoremore

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LTFRB nixes plea to suspend
P10 taxi flagdown rate slash

CEBU CITY – The Land Transportation Franchising and Regulatory Board denied the motion of the taxi operators to suspend the implementation of the reduction of P10 of the flag-down rate.

LTFRB Board Member Antonio Enrile Inton Jr. said the motion to suspend, filed by the Philippine Integrated National Taxi Operators Association, and the Metro Cebu Taxi Operators Association was based on a wrong premise.

Inton said the rules of LTFRB is that provisional orders related to fare adjustments, like the P10 flag-down reduction are immediately implementable upon publication in a newspaper of general circulation.moremoremore