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Belgian firm abandons PH operations

Baggerwerken Decloedt en Zoon (BDC), the Belgian company that proposed the P18.7-billion Laguna Lake Rehabilitation Project (LLRP), is shutting down its Philippine operations.

MANILA, Philippines Senate President Juan Ponce Enrile conceded yesterday that Congress is partly to blame for giving tax incentives to the rich but continues to increase taxes on the poor. Enrile made this disclosure during the public hearing by a Senate finance sub-committee chaired by Senator Ralph G. Recto on the proposed 2012 R11.5-billion budget […]

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