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UK firms to invest in PPP projects

Visiting Lord Mayor of London Alderman David Wooton said three British companies engaged in mass transport systems are eyeing investments in the Philippines particularly in major infrastructure projects such as railways, airports and seaports across the country.

In a media briefing on Tuesday, Wooton identified the three business firms as Balfour Beatty, Halcrow and SKM-Colin Buchanan, which are interested in joining the Public-Private Partnership (PPP) Program of the Aquino administration.

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Senators to allow AMLC a peek at suspicious bank deals

Senators firmed up a consensus to allow the Anti-Money Laundering Council (AMLC) to look into suspicious bank transactions, including so-called web of accounts, on orders of the court based on ex-parte motion.

Senate Majority Leader Vicente Sotto III confirmed on Tuesday that senators tackling amendments to the Anti-Money Laundering Law (Amla) have agreed to adopt safeguards to protect the public against possible invasion of privacy under the expanded powers being given to AMLC.

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Farmers press government on land distribution

FARMERS will launch a national protest march on June 1 to demand immediate distribution of public and private agricultural lands under the Comprehensive Agrarian Reform Program (Carp).

The “Peasant March for the Completion of Agrarian Reform,” organized by Task Force Mapalad (TFM), will ask President Aquino to guarantee the distribution of 1.093 million hectares targeted under the extended Carp before 2014.

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