Bilyonaryo - Business

Gov’t stops Consunjis from collecting dues from tenants of collapsed Davao condo

January 11, 2020

The newly-created Department of Human Settlement and Urban Development’s (DHSUD) first order of business is to fix the issues involving the collapsed condominiums in President Duterte’s hometown.

‘Arrogant’ Consunji replies to Duterte’s tirade: Will pay DMCI-Ecoland owners 150% of quake-damaged units

SunStar Davao reported that DHSUD had barred the collection of amortization from unit owners in four condominiums that collapsed when a strong earthquake hit Mindanao in October.

‘Pag ako naasar, padapain kita! Duterte tells Consunji to shut up on Maynilad, pay buyers of DMCI’s collapsed condo first

Covered by the suspension order, which took effect Jan.8, were DMCI’s Ecoland 4000, Magallanes Residences, Palmetto Place and Verdon Parc.

‘Wag kang arogante! Duterte to shut down DMCI if Consunji does not pay quake-damaged Davao condo

Duterte on Friday threatened to ban property developer DMCI from constructing more buildings if it fails to settle its obligations with Ecoland 4000’s tenants.

DHSUD has also set dialogues with homeowners on Jan. 13-14.

US multinationals grapple with soaring dollar

The rapid rise of the US dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout.

‘They’re everywhere’: microplastics in oceans, air and human body

From ocean depths to mountain peaks, humans have littered the planet with tiny shards of plastic. We have even absorbed these microplastics into our bodies — with uncertain implications.

Mixed fortunes of celebrities who leapt on NFT craze

Sports, film and music stars have all flocked to the NFT market to buy pictures of apes, endorse corporate partners or even launch their own art collections.

Sri Lanka grinds to a halt as fuel reserves shrink

Sri Lanka has less than a day’s worth of fuel left, the energy minister said Sunday, with public transport grinding to a halt as the country’s economic crisis deepened.

Power bills to go up in July

Electricity prices of Manila Electric Co. (Meralco) may go up anew this month due to the effects of the peso depreciation and the high prices at the spot market.

US multinationals grapple with soaring dollar

‘They’re everywhere’: microplastics in oceans, air and human body

Mixed fortunes of celebrities who leapt on NFT craze

Sri Lanka grinds to a halt as fuel reserves shrink

Power bills to go up in July

Chicken supply falls

SEC warns public against investing in J Shoes Footwear Trading

Filipino-Chinese businessman bets big on losing presidential bet but still gets key allies in juicy posts under Bongbong

Jollibee customers sad over Chickenjoy supply run-out

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Bilyonaryo - Business

Kazuo Okada faces multiple lawsuits: 29 cases in six countries

Japanese billionaire Kazuo Okada is facing a string of cases in Japan, Hong Kong and the Philippines involving serious charges including falsifying documents, swindling, and the most recent of which, kidnapping and illegal detention following the dramatic takeover of the integrated casino resort Okada Manila on May 31.