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February 3 – The Supreme Court votes, 11–4, to stop the sale of 51 percent of the Manila Hotel to Malaysian company Renong Berhad, and orders its owner, the Government Service Insurance System, to sell it instead to Manila Prince Hotel, citing the constitution's "Filipino first" provision and the hotel being part of the "national patrimony ...
The Government Service Insurance System (Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a Filipino government-owned and controlled corporation (GOCC) in the Philippines aimed at government employees. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance ...
The Manila Hotel is a 550-room, historic five-star hotel located along Manila Bay in Manila, Philippines. [3] The hotel is the oldest premiere hotel in the Philippines built in 1909 to rival Malacañang Palace, the official residence of the President of the Philippines and was opened on the commemoration of American Independence on July 4, 1912. [6]
Fernando remained in active practice until shortly before his death at the age 89 in 2004. His expertise as amicus curiae was sought by the Court in the controversial case of Manila Prince Hotel v. GSIS, 267 SCRA 408 (1997). [16] Fernando is buried at the Libingan ng mga Bayani.
There was an allocation of US$202 million to build Kanlaon Towers, Philippine Village Hotel, Philippine Plaza, and Manila Hotel. Cruz also worked with Imelda's brother, Amb. Benjamin Romualdez and organized the Phil-China Friendship Hotels Corp. using GSIS funds in 1980, where the plan was to build two 500-room hotels in Guangzhou and Beijing. [26]
A woman fluffing her pillows before bed was met with a sharp surprise when a snake, who had found its way into her house and under her pillow, bit her.
The search for missing hiker Susan Lane-Fournier, 61, took a tragic turn after her body was found over the weekend in Welches, Oregon, an unincorporated community at the base of Mount Hood.
Eight GOCCs remitted 1 billion pesos each: Philippine Reclamation Authority (PRA)(P1 billion pesos), Philippine Ports Authority (PPA)(1.03-billion), Manila International Airport Authority (MIAA)(P1.54-billion), Philippine Amusement and Gaming Corporation (PAGCOR) (P7.18-billion), Power Sector Assets and Liabilities Management Corporation (PSALM ...