THE Department of Transportation

THE Department of Transportation on Wednesday stated its sales-producing businesses and places of work remitted P25.78 billion to the national treasury final 12 months.

The Land Transportation Office (LTO) remitted P21.35 billion and the Maritime Industry Authority (Marina) transferred P1.12 billion. The Toll Regulatory Board sent P934 million, the Office of Transport Security (OTS) paid P831 million, and the Land Transportation Franchising Regulatory Board conveyed P689 million.

At P42.680 billion, the DoTr has obtained one of the highest allocations from the P3.002 trillion General Appropriations Act of 2016.

Three delivery offices transmitted dividends to the nation coffers in May, covering earnings in 2016. The Manila International Airport Authority remitted P2.26 billion, the Civil Aviation Authority of the Philippines transferred P1.Ninety eight billion, and the Philippine Ports Authority transmitted P1.Ninety five billion.

Transportation Secretary Arthur Tugade informed CAAP to transfer cash to the national coffers underneath his time period, since the company did remit P6.31 billion of dividends from 2011 to 2015.

In the first region of the 12 months, remittances from authorities-owned and controlled organizations totaled P7.1/2 billion, such as P5.76 billion from the LTO and P294 million every from Marina and the OTS.

Jolliville said the “Jolli

Jolliville said the “Jolli” in its company call turned into a tribute to founder Jolly Ting, and that Jollibee did no longer have an
distinct claim to ‘Jolli’ or ‘Jolly’ as there have been different registered businesses and logos using the ones names.
Jolliville argued its name was no longer confusingly just like Jollibee and its other registered marks.

The agency uses the prefix ‘Jolli’ appended to ‘ville’ to mirror its real estate business and realty leasing services.

The Jolliville mark isn't always confusingly much like Jollibee, IPOPHL said in its state-of-the-art decision.

“In the absence of the likelihood of bewilderment among the Jolliville and the appellee’s registered trademarks, there is no ground to limit the registration of Jolliville within the name of the appellant,” it stated.

Jolliville changed into within the night club business earlier than branching out into the real property commercial enterprise with Jolliville Realty and Development Co. Inc. In September 1986.

It has on account that extended to embody leasing, control offerings, assets improvement, land banking, local waterworks gadget, commercial enterprise technique outsourcing, and energy technology.

JOLLIBEE Foods Corp. (JFC)

JOLLIBEE Foods Corp. (JFC) stated Wednesday it respects the decision of the Intellectual Property Office of the Philippines (IPOPHL) granting Jolliville Holdings Corp. The proper to sign in its emblem and corporate name.

IPOPHL introduced Tuesday that it reversed the choice of its Bureau of Legal Affairs which ruled in prefer of JFC to block Jolliville from registering its trademark.

“We preserve to have the one of a kind rights to all Jollibee call, trademarks and merchandise. In this situation, we recognize the selection of the Office of the Director General of the IPO,” JFC Media and Corporate Communications head Pauline Lao said.

“As a accountable trademark proprietor, we take care of our logos and follow due system in protecting and implementing our highbrow assets rights,” she introduced.

In September 2014, IPOPHL-BLA Director Nathaniel Arevalo ruled in want of Jollibee, a decision that forced Jolliville to file for an attraction.

With Samsung’s ultra records

With Samsung’s ultra records saving mode, customers can keep up to 50 percent on mobile statistics consumption. The telephone also comes with the Samsung app which could deliver clients freebies. It additionally offers anti-robbery feature that customers can get without cost, Wong referred to.

“Your Galaxy is preloaded with some of one-of-a-kind apps with Samsung 321. This allows you to get right of entry to all emergency contacts for your contemporary location. Wherever and every time you need it, simply click 321,” she said.

The Galaxy J7 Pro has a the front mild emitting-diode (LED) flash, and gives a premium display with 5.5-inch full high definition first-rate energetic-matrix organic LED display screen. The product is product of long lasting materials, a complete metal body, and a pair of.5D glass. It is ready with 32 gigabytes of garage area and 3 gigabytes of RAM. It helps microSD card that allows you to increase storage potential via as a lot as 256 gigabytes, according to Samsung.
At the media release, Samsung Philippines delivered Liza Soberano because the face of the Galaxy J7 Pro.

Pre-orders for the Galaxy J7 Pro commenced on July 1 and will run until July 9, but the smartphone could be to be had to the market at huge for P15, 990 beginning July 15.

SAMSUNG Electronics

SAMSUNG Electronics has unveiled the state-of-the-art Galaxy J7 Pro within the Philippines, proposing an innovative night digicam and exceptional privileges for customers to enhance the product’s aggressive edge inside the smart cellphone market.

“Our state-of-the-art product revelation is nearly designed to be one of a kind and to stand-out amongst all the clever telephones nowadays,” Andrea Wong, Samsung Galaxy J7 Pro product supervisor, said at some point of a media release in Parañaque City past due Tuesday.

She said the Galaxy J7 Pro is a need to-have device to seize shiny and crisp pics in low light conditions. With a thirteen megapixel rear digicam equipped with an F/1.7 aperture, Wong said, users can take colourful and targeted photos at night time compared to different smartphones in the market nowadays with an F/2.2 aperture beginning.

“With the introduction of J7 Pro inside the Philippines smartphone market comes the advent of the Samsung circle—our one-of-a-kind privileges and services that assure J series users can enjoy,” she said.

“Experience-clever, the J7 Pro permits you to navigate on the only and most recent android consumer interface available nowadays,” she introduced.

It became the present day provocation by using

It became the present day provocation by using North Korean chief Kim Jong-Un who's determined to increase a nuclear weapons programme he says is needed to ward off invasion.

South Korea and america on Wednesday released a barrage of missiles simulating a precision strike against Pyongyang, in response to the provocation.

“Traders and buyers may be questioning what reaction this present day missile test will get,” stated Greg McKenna, leader marketplace strategist at AxiTrader.

Traders were given few leads with European markets barely down and Wall Street closed for the July 4 vacation.
Tech firms noticed a few a good deal wished shopping for after suffering a current sell-off as global critical banks keep in mind tightening monetary policy.

The sector has been a massive beneficiary of the years of reasonably-priced borrowing from lenders, sending their stock charges soaring, however the prospect of an give up to such largesse has led to income-taking.

Hong Kong-listed Tencent edged up from Tuesday’s fall of more than four percent, while AAC Technologies also bounced and Sony jumped zero.8 percent in Tokyo.

Investors are anticipating the release Wednesday of mins from the Federal Reserve’s June coverage assembly and key US jobs information Friday

Asian markets rebounded

Asian markets rebounded to sit often better on Wednesday as early anxiousness over North Korea’s ultra-modern sabre-damn gave way to bargain-shopping for following the previous day’s steep losses.

Traders ran for the sidelines inside the morning after Washington confirmed that Pyongyang had for the primary time examined a missile able to achieving the United States, ratcheting up strain at the already disturbing Korean peninsula.

But within the afternoon the promoting and rush for safe-haven belongings consisting of the Japanese yen reversed.

By the near Tokyo changed into up zero.Three percent, at the same time as Seoul additionally delivered 0.3 percentage and Singapore jumped 0.8 percentage. Hong Kong won 0.5 percentage in past due alternate after diving 1.Five percentage Tuesday, and Shanghai ended zero.8 percent up. However Sydney completed 0.Four percent off whilst Wellington and Jakarta additionally edged down.

Despite the gains, sellers remain on area and at the moment are waiting for the subsequent improvement after Russia and China issued a joint attraction to ease tensions while the United Nations Security Council will preserve an emergency meeting later in the day.

The test got here just because the US was preparing to celebrate Independence Day and days earlier than a G20 summit, wherein it's going to likely top the agenda.