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Philippine Communications Satellite Corporation
Philippine Communications Satellite Corporation (PHILCOMSAT) is a telecommunications company based in Makati, Metro Manila, Philippines. Its main teleport is in the province of Rizal. History PHILCOMSAT was formed as a joint venture between the government of the Philippines under the administration of then President Ferdinand Marcos and the Philippine Overseas Telecommunications Corporation (POTC), a firm established by businessman Potenciano Ilusorio and then Defense secretary Juan Ponce Enrile. On May 2, 1968, the company, as the Philippines’ signatory to Intelsat and Inmarsat, formally inaugurated a permanent earth station in Baras, Rizal. This linked the country to a worldwide communications satellite network. On June 21, 1969, the company was given a franchise through Republic Act No. 5514 to operate grounds stations and other facilities for international satellite communications. It was also granted tax exemptions under the same law. Under Republic Act No. 11226 signed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Makati
Makati ( ), officially the City of Makati ( fil, Lungsod ng Makati), is a 1st class highly urbanized city in the National Capital Region of the Philippines. Makati is the financial center of the Philippines; it has the highest concentration of multinational and local corporations in the country. Major banks, corporations, department stores as well as foreign embassies are based in Makati. The biggest trading floor of the Philippine Stock Exchange used to be situated along the city's Ayala Avenue, before the stock exchange moved their headquarters to the Bonifacio Global City in Taguig. Makati is also known for being a major cultural and entertainment hub in Metro Manila. According to the 2020 census, it has a population of 629,616 people making it as the 17th most populous city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square kilometer. Although its population is just above half a million, the daytime populat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme Court Of The Philippines
The Supreme Court ( fil, Kataas-taasang Hukuman; colloquially referred to as the ''Korte Suprema'' lso used in formal writing is the highest court in the Philippines. The Supreme Court was established by the Second Philippine Commission on June 11, 1901 through the enactment of its Act No. 136, an Act which abolished the '' Real Audiencia de Manila'', the predecessor of the Supreme Court. The Supreme Court compound, which sits in what is formerly a part of the University of the Philippines Manila campus, occupies the corner of Padre Faura Street and Taft Avenue in Ermita, Manila, with the main building directly in front of the Philippine General Hospital’s cancer institute. History Pre-hispanic period Prior to the conquest of Spain, the islands of the Philippines were composed of independent barangays, each of which is community composed of 30 to 100 families. Typically, a barangay is headed by a ''datu'' or a local chief who exercises all functions of government—executiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corazon Aquino
Maria Corazon "Cory" Sumulong Cojuangco-Aquino (; ; January 25, 1933 – August 1, 2009) was a Filipina politician who served as the 11th president of the Philippines from 1986 to 1992. She was the most prominent figure of the 1986 People Power Revolution, which ended the two-decade rule of President Ferdinand Marcos and led to the establishment of the current democratic Fifth Philippine Republic. Corazon Aquino was married to Senator Benigno Aquino Jr., who was one of the most prominent critics of President Marcos. After the assassination of her husband on August 21, 1983, she emerged as leader of the opposition against the president. In late 1985, Marcos called for a snap election, and Aquino ran for president with former Senator Salvador Laurel as her running mate for vice president. After the election held on February 7, 1986, the Batasang Pambansa proclaimed Marcos and his running mate Arturo Tolentino as the winners, which prompted allegations of electoral fraud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Presidential Commission On Good Government
The Presidential Commission on Good Government (PCGG) is a quasi-judicial government agency of the Philippines whose primary mandate is to recover the ill-gotten wealth accumulated by Ferdinand Marcos, his immediate family, relatives, subordinates and close associates, whether located in the Philippines or abroad. It was created by President Corazon Aquino shortly after she was sworn in as president in the aftermath of the 1986 People Power revolution.Manapat, Ricardo (1991) Some Are Smarter Than Others. Aletheia Press. In addition to recovering the Marcos wealth, it is also tasked with investigating other cases of graft and corruption; and instituting of corruption prevention measures. Soon after the PCGG was created, Aquino issued an executive order freezing the assets of the Marcoses in the Philippines, and assigning the PCGG to negotiate with foreign governments so that the Marcoses' wealth overseas could be repatriated to the Philippines, giving the PCGG diplomatic powers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People Power Revolution
The People Power Revolution, also known as the EDSA Revolution or the February Revolution, was a series of popular Demonstration (people), demonstrations in the Philippines, mostly in Metro Manila, from February 22 to 25, 1986. There was a sustained campaign of civil resistance against regime violence and electoral fraud. The nonviolent revolution led to the departure of Ferdinand Marcos, the end of his 20-year dictatorship and the restoration of democracy in the Philippines. It is also referred to as the Yellow Revolution due to the presence of yellow ribbons during demonstrations (in reference to the Tony Orlando and Dawn song "Tie a Yellow Ribbon Round the Ole Oak Tree") as a symbol of protest following the Assassination of Benigno Aquino Jr., assassination of Filipino senator Benigno "Ninoy" Aquino, Jr. in August 1983 upon his return to the Philippines from exile. It was widely seen as a victory of the people against two decades of presidential rule by President Marcos, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jose Yao Campos
Jose Yao Campos (September 16, 1921 – May 1, 2006), also known by his Chinese name Yao Cho Liat, was a Filipino businessman best known as the founder of United Laboratories (UNILAB). He became an early supporter of Philippine president Ferdinand Marcos, who tapped him as a "financial advisor." In 1986, the Presidential Commission on Good Government (PCGG) cited him for having served as a "front man" for various "ill-gotten" wealth, including $52.5 million of real estate representing the most prominent Marcos Mansions. He became the first of the Marcos cronies to make a deal with the PCGG in exchange for immunity from suit. By the time he died in 2006, his family had become one of the Philippines' most powerful business clans, with UNILAB helmed by his firstborn, Joy Campos Hess and her son, Clinton Hess. His eldest son Joselito Campos founded condiments company Nutri-Asia and acquired in Del Monte Philippines and Del Monte Pacific; and his youngest child Jeffrey Campos run ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roberto Benedicto
Roberto Salas Benedicto (April 17, 1917 – May 15, 2000) was a Filipino lawyer, ambassador, diplomat, and banker historically most remembered as a crony of President Ferdinand Marcos. Benedicto owned Philippine Exchange Company, the ''Philippines Daily Express'', Radio Philippines Network (RPN), Banahaw Broadcasting Corporation (BBC) and Intercontinental Broadcasting Corporation (IBC). Benedicto was the Philippines' ambassador to Japan from 1972 to 1978. At the prime of his career, Benedicto's business empire consisted of 85 corporations, 106 sugar farms, 14 haciendas, other agricultural lands, 17 radio stations, 16 television stations, 2 telecommunications networks, 7 buildings, 10 vessels and 5 aircraft. He also owned 14 hectares of real estate in Bacolod City, 13.5 billion shares in Oriental Petroleum, and membership shares in golf and country clubs estimated at almost half a million US dollars. Overseas, he owned a sugar mill in Venezuela, a trading company in Madrid, ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marcos Cronies
Certain associates of former Philippine President Ferdinand Marcos, historically referred to using the catchphrase "Marcos cronies", benefited from their friendship with Marcos – whether in terms of legal assistance, political favors, or facilitation of business monopolies, during his administration. Marcos critics, and the local and international press began referring to these individuals as "cronies" during the latter days of the Marcos dictatorship, and the Philippine government – especially the Presidential Commission on Good Government (PCGG) – continued using the term after the ouster of Marcos in 1986. These "cronies" were awarded government commissions, projects, and funds, many of which were later investigated for corruption, misuse of funds, and disregard of the Constitution of the Philippines. Marcos' cronies were given strategic positions both in the government and in private sectors in order for the Marcoses to seize control of the major industries of the country ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crony Capitalism
Crony capitalism, sometimes called cronyism, is an economic system in which businesses thrive not as a result of free enterprise, but rather as a return on money amassed through collusion between a business class and the political class. This is often achieved by the manipulation of relationships with state power by business interests rather than unfettered competition in obtaining permits, government grants, tax breaks, or other forms of state intervention over resources where business interests exercise undue influence over the state's deployment of public goods, for example, mining concessions for primary commodities or contracts for public works. Money is then made not merely by making a profit in the market, but through profiteering by rent seeking using this monopoly or oligopoly. Entrepreneurship and innovative practices which seek to reward risk are stifled since the value-added is little by crony businesses, as hardly anything of significant value is created by them, wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Long Distance Telephone Company
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecommunication Circuit
A telecommunication circuit is a path in a telecommunications network used to transmit information. Circuits have evolved over time from generally being built on physical connections between individual hardware cables, as in an analog phone switch, to virtual circuits established over packet switching networks. Definitions A telecommunication circuit may be defined as follows: * The complete path between two terminals over which one-way or two-way communications may be provided. * An electronic path between two or more points, capable of providing a single or multiple communication channels. * An electronic closed-loop path among two or more points used for signal transfer. In operational terms, a telecommunication circuit may be capable of transmitting information in only one direction (''simplex'' circuit), or it may be bi-directional (''duplex'' circuit). Bi-directional circuits may support half- duplex operation, when only one end of the channel transmits at any one time, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rizal
Rizal, officially the Province of Rizal ( fil, Lalawigan ng Rizal), is a Provinces of the Philippines, province in the Philippines located in the Calabarzon region in Luzon. Its capital is the city of Antipolo. It is about east of Manila. The province is named after José Rizal, one of the main national heroes of the Philippines. Rizal is bordered by Metro Manila to the west, Bulacan to the north, Quezon to the east and Laguna province, Laguna to the southeast. The province also lies on the northern shores of Laguna de Bay, the largest lake in the country. Rizal is a mountainous province perched on the western slopes of the southern portion of the Sierra Madre (Philippines), Sierra Madre mountain range. Pasig served as its capital until 2008, even it became a part of the newly created Metro Manila, National Capital Region since November 7, 1975. A provincial capitol has been in Antipolo since 2009, making it the administrative center. On June 19, 2020, President Rodrigo Duterte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
