The Quezon City Regional Trial Court has ordered property developer Megaworld Corp. to set aside P873.32 million as counter bond to cover potential obligation claimed by construction firm Datem Inc.
The Securities and Exchange Commission has made permanent the cease and desist order (CDO) against Casa Infini Builders and Realty Co. Ltd. and Casa Infini Realty Management Co. Ltd. and revoked the corporate registration of Bagong Bansang Maharlika (BBM) International Inc. for operating as a non-government organization without the necessary license.
Listed mining firm, Benguet Corp. has secured from the Mines and Geosciences Bureau (MGB), the exploration permit for its Bolco gold project in Zamboanga Sibugay.