Local news

January 14, 2015
Philippine Daily Inquirer
By Gil Cabacungan Businessman Manuel V. Pangilinan —who has been building up equity position in listed sugar firms Roxas Holdings and Victorias Milling Corp.—inspected some sugar farm sites over the weekend in search of more investment opportunities in the farm sector.   A team led by MVP himself... Read More
January 13, 2015
Sun Star Zamboanga
By Bong Garcia THE Bureau of Customs (BOC) has begun investigating the "disappearance" of more than 800 sacks or 42.2 tons of confiscated smuggled sugar in the custody of the BOC-Zamboanga District Office. Zamboanga City Mayor Ma. Isabelle Climaco-Salazar requested the investigation after she discovered that... Read More
Sugar miller Victorias Milling Corp. is setting up a P500-million subsidiary that will set in motion plans to undertake power-related projects. In a disclosure to the Philippine Stock Exchange Monday, VMC said its board of directors approved a plan to set up the wholly owned subsidiary. A few years ago, VMC amended its bylaws to make room for... Read More
January 13, 2015
Philippine Daily Inquirer
By Jerry Esplanada MANILA, Philippines–Customs Commissioner John Phillip Sevilla has ordered an investigation into the disappearance of more than half of the 1,171 sacks of smuggled Malaysian sugar seized earlier by a joint team of Bureau of Customs (BOC) agents and law personnel operatives in Zamboanga... Read More
January 12, 2015
Philippine Daily Inquirer
By Julie Alipala ZAMBOANGA CITY— Mayor Ma. Isabelle Climaco-Salazar blew her top when she was informed on Friday that more than half of the 1,171 sacks of Malaysian sugar, which were seized by police and the Philippine Coast Guard for being smuggled, have disappeared.  Salazar rushed to the Bureau of... Read More