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DUMMY LAW
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 227980 [Title] => Fraport may be fined $320M for dummy violation, says Yasay [Summary] => Fraports violation of the countrys anti-Dummy Law could cost in punitive fines equivalent to the project cost of the NAIA Terminal 3 or P17.75 billion ($320 million) while its officers and those of Piatco could go to jail for five to 15 years.
"Owning more of Piatco than is allowed by law was one of Fraports strategic errors in a string of poor corporate behavior and judgment," said Perfecto Yasay Jr., former chairman of the Securities and Exchange Commission and now chairman of the MIAA-NAIA Association of Service Operators (MASO).
[DatePublished] => 2003-11-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
November 15, 2003 - 12:00am
Recommended
The Commission on Elections over the weekend said that once internet voting for overseas Filipino workers next year proves to be successful, this voting system will also be adopted locally to benefit the country’s elderly population.
20 hours ago
According to state-media reports, the AFP monitored a training ship and an amphibious transport dock of the PLA Navy which passed through the Basilan Strait on Thursday.
2 days ago
A relentless months-long campaign by Chinese state media to depict the Philippines as the aggressor in the South China Sea preceded the viral spread of the “deepfake” audio of Marcos allegedly ordering an attack on China.
1 day ago
Apart from snatching airdropped supplies, the China Coast Guard or CCG also tried to stop the evacuation of a sick soldier from Ayungin Shoal to Palawan last month.
2 days ago
Results of the poll conducted in March showed that 76% of adult Filipinos view China as the top threat to the country.
3 days ago
Lotto Jun 8, 2024
EZ2/LVM - 28 9
SUERTRES - 7 0 9
6D Lotto - 4 9 4 2 0 0
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P38,497,748.00
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Forex
February 12, 2018
- 12:00 am
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1$ : P51.66