SC asked to junk China loan deal based on Charter ‘violations’

Credit to Author: clopez| Date: Thu, 04 Apr 2019 21:36:39 +0000

Opposition lawmakers on Thursday asked the Supreme Court to strike down as unconstitutional the government’s $62-million loan deal with China

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Reed Bank a ‘patrimonial property’ in 1972 – Carpio

Credit to Author: cbibe| Date: Wed, 27 Mar 2019 00:35:04 +0000

Reed Bank a ‘patrimonial property’ in 1972 – Carpio

As early as 1972, gas-rich Reed Bank has been converted to a patrimonial property, Senior Associate Justice Antonio Carpio said.

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Reed Bank a ‘patrimonial property’ in 1972 – Carpio

Credit to Author: cbibe| Date: Wed, 27 Mar 2019 00:35:04 +0000

Reed Bank a ‘patrimonial property’ in 1972 – Carpio

As early as 1972, gas-rich Reed Bank has been converted to a patrimonial property, Senior Associate Justice Antonio Carpio said.

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Senators not buying Palace assurance on China loan

Credit to Author: besguerra| Date: Tue, 26 Mar 2019 23:23:40 +0000

MANILA, Philippines — Senators on Tuesday expressed concern over the country’s loan agreement with China for an irrigation project in which the Duterte administration used “patrimonial assets” as collateral that could be seized by Beijing if the government defaulted on its payments.

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PH not waiving assets in China loan deal – DoF exec

Credit to Author: cbibe| Date: Tue, 26 Mar 2019 02:05:56 +0000

PH not waiving assets in China loan deal – DoF exec

The Philippines will not waive any governmental assets in the loan agreement for the Chico River Pump Irrigation Project with China.

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