government takeover - updates

Rappler's latest stories on government takeover


Abad: GOCC dividends, Treasury gains to fund MRT3 buyout

May 12, 2015 - 1:03 PM

The government can also borrow money but with the the approval of the Office of the President if GOCC dividends and Treasury gains are not realized Budget Secretary Florencio Abad says

Camp John Hay is not closing, locators assured

Feb 23, 2015 - 5:05 PM

Following the arbitration ruling the Bases Conversion and Development Authority assures locators that it is not closing the former US facility and options are now being prepared for them

Camp John Hay returns to BCDA

Feb 13, 2015 - 1:30 PM

UPDATED The CJH Development Corporation is ordered to vacate Baguio’s Camp John Hay and return the property to the Bases Conversion and Development Authority

DOTC eyes borrowings to buy out MRT3

Feb 09, 2015 - 12:57 PM

The agency is scrambling for options to finance the buyout since the P56 B allocation is not included in the P2 6T 2015 national budget

Camp John Hay developer faces SEC certificate revocation

Nov 20, 2014 - 5:29 PM

The Camp John Hay Development Corporation has not submitted its financial reports to the Securities and Exchange Commission SEC from 2003 to 2011

BCDA prepares for Camp John Hay’s return to gov’t

Nov 03, 2014 - 4:19 PM

The Bases Conversion and Development Authority president says they are now working with investors to ensure that it will be ‘business as usual’ inside Camp John Hay

Gov't eyes compromise with MRTC for takeover of MRT 3

Aug 04, 2014 - 10:37 AM

But MPIC opposes the government takeover and revived its 300 million offer to expand MRT 3 operations

MRT 3 file photo by Leanne Jazul/Rappler