selling

Update news selling

Philippine national police chief steps down amidst drug scandal

Philippine national police chief resigned yesterday after he faced allegations in a Senate hearing that he intervened to prevent his officers from being prosecuted for allegedly selling a huge amount of illegal drugs they had seized.

Government considers selling state’s capital at a loss

The government may allow state owned economic groups and general corporations to sell stakes at the prices below the book value as a solution to accelerate the state owned enterprise restructuring process.