Articles worth reading
Department of Education

DepEd to restore subsidies to private schools

account_balanceMetro Manila access_time4 days ago

The Department of Education said it plans to restore the government assistance and subsidy (GAS) program for private schools. In a statement on Wednesday, DepEd Undersecretary for Finance Service and Education Programs Delivery Unit Annalyn Sev...

Pasig City

Eusebio pursues election protest vs Sotto

account_balancePasig access_time4 days ago

The camp of former Pasig City Mayor Robert Eusebio is seeking a reversal of the decision of the Commission on Elections Second Division which earlier junked his election protest against incumbent mayor Vico Sotto. The Comelec Second Division dismiss...

Manila Mayor Isko Moreno / Manila PIO

Duterte commends Isko for strong resolve to clean Manila

account_balanceManila access_time4 days ago

Manila City Mayor Francisco "Isko Moreno" Domagoso said President Rodrigo R. Duterte's leadership and type of governance inspired him to strive hard in reforming his city. He made the commend after the president commended the mayor for ...

Manila News

 XRC Mall Developers Inc. has already paid their tax deficit to the Manila City government

Market operator pays P14.38 million debt to Manila

account_balanceManila chat_bubble_outline0 Comments visibility

One of the operators of public markets in Manila, XRC Mall Developers Inc., settled a P12.9 million portion of its P14.38-million debt, a day after Manila Mayor Isko Moreno gave them 72 hours to settle their unpaid obligations.

“I hope this will not happen and I will not allow this to happen again I will continue to protect the interest of Manila,” the Mayor said via live video in his Facebook official account on Wednesday.

“May kaunting kulang pero numero lang ‘yan. What matters most is the bulk of their obligation to the City of Manila is settled,” he added.

Moreno also showed the check during his live video, a proof that XRC has already complied with his ultimatum to pay their unsettled obligations in the city.

XRC Mall Developers Inc. operates the Sta. Ana Market, San Andres Market, Sampaloc Market, and Trabajo Market. It incurred a P14.38-million debt between April 2017 and July 2019.

Marketlife Management and Leasing Corporation, which operates Quinta Market, had P11.16 million in unpaid obligations in the same period.

Moreno said Marketlife has encountered misunderstandings with the previous administration and with the collection of rents from tenants.

“Hindi naman ako nagtaka doon. The moment you engage yourself in that business, it is already your business to do that. We all have challenges,” he said.

“I’m waiting for Quinta Market (Marketlife). You have 48 hours to comply. We will go after you. If you will not settle your obligation, you have no business on Friday,” he added.

date_rangeDate Published
1 month ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Manila Mayor Isko Moreno / Manila PIO

Fishermen want Manila Bay reclamations stopped

account_balanceManila chrome_reader_mode6 days ago

A group of fishermen  asked Manila Mayor Isko Moreno to issue a local ordinance prohibiting any reclamation in Manila Bay. The call of Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (PAMALAKAYA) was made after Deputy Speaker and Pa...

Photo Courtesy KR De Asis/Manila PIO

Philharmonic Orchestra to hold free concert in Manila

account_balanceManila chrome_reader_mode3 days ago

The Philippine Philharmonic Orchestra will perform for free at the Kartilya ng Katipunan, Andres Bonifacio Monument at 5 pm on September 27, 2019. This was announced by Manila City Mayor Francisco "Isko Moreno" Domagoso in a press con...

Mayor Francisco Isko Moreno Domagoso / Manila PIO

Isko cool to 2022 presidential run

account_balanceManila chrome_reader_mode1 day ago

Manila Mayor Francisco Isko Moreno Domagoso clarified that he does not intend to run for president in 2022 even President Rodrigo Duterte lauded his leadership in the city. Speaking at the sidelines of a business forum of GoNegosyo at the Manila Pol...

Construction of MRT-7

MRT 7 is 47% completed

account_balanceMetro Manila chrome_reader_mode6 days ago

The construction of the Metro Rail Transit Line-7 between North Ave. in Quezon City and San Jose del Monte in Bulacan is about 47.21-percent completed, according to the Department of Transportation (DOTR). In a social media post, the DOTR said &ldqu...

MTPB No to Kotong

Manila fires 25 parking attendants

account_balanceManila chrome_reader_mode5 days ago

The Manila Traffic and Parking Bureau (MTPB) said it dismissed 25 parking attendants for improperly charging motorists for parking fees. Aside from issues on parking fees, the MTPB also relieved these parking attendants for not wearing proper u...

Manila Mayor Isko Moreno / Manila PIO

Duterte commends Isko for strong resolve to clean Manila

account_balanceManila chrome_reader_mode4 days ago

Manila City Mayor Francisco "Isko Moreno" Domagoso said President Rodrigo R. Duterte's leadership and type of governance inspired him to strive hard in reforming his city. He made the commend after the president commended the mayor for ...

Advertisement