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Difference between revisions of "Makati City News July 2011"
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In its decision that made permanent the injunction it had earlier issued, the CA said: “In the absence of any law or provision in the Rules of Court authorizing the filing with the RTC of petitions for certiorari, prohibition and mandamus against the acts or issuances of quasi-judicial agencies such as the petitioners (BSP and Monetary Board), the said petitions may be filed only with this court. Respondent judge, therefore, committed grave abuse of discretion amounting to lack of jurisdiction in holding that the RTC has jurisdiction over the petition filed by private respondent (Banco Filipino) in Civil Case No. 10-1042.” | In its decision that made permanent the injunction it had earlier issued, the CA said: “In the absence of any law or provision in the Rules of Court authorizing the filing with the RTC of petitions for certiorari, prohibition and mandamus against the acts or issuances of quasi-judicial agencies such as the petitioners (BSP and Monetary Board), the said petitions may be filed only with this court. Respondent judge, therefore, committed grave abuse of discretion amounting to lack of jurisdiction in holding that the RTC has jurisdiction over the petition filed by private respondent (Banco Filipino) in Civil Case No. 10-1042.” | ||
=Ayala Land allots P3-B for upscale condo in Makati= | |||
:abs-cbnNEWS.com | |||
:7:13 PM | Thursday, July 28, 2011 | |||
:Source: http://www.abs-cbnnews.com/business/07/28/11/ayala-land-allots-p3-b-upscale-condo-makati | |||
MANILA, Philippines - Property giant Ayala Land Inc. is spending P3 billion to construct the last tower of an upscale residential project in Makati City. | |||
Ayala said the 49-storey tower at [[Park Terraces]] will offer a total of 370 condominium units that will sell from P6 million to P55 million. | |||
Ayala Land Premier, the company's unit catering to the high-end market, expects to sell all units over the next two to three years. | |||
"The rising demand for living spaces at the heart of Ayala Center, the country's most desired address, paved the way Ayala Land Premier to introduce Park Terraces. This year the rise of the third and final tower marks... the continuation of Ayala Land's biggest investment into the redevelopment of Ayala Center," Moya said. | |||
The redevelopment of the five-hectare Ayala Center is a P20 billion project that started last year. Two other high-end real estate projects, the Fairmont Hotel and Raffle Suites and Residences, will open within the center next year. | |||
Ayala Center is the flagship mixed-used urban city complex of the Ayala Group. | |||
=Makati LGU ready for earthquake, evac drill Friday= | =Makati LGU ready for earthquake, evac drill Friday= | ||