CEBU CITY, Philippines — One of Cebu’s largest cement manufacturers is aiming to settle its long-pending tax obligations with the provincial government for a fraction of the original amount. APO Land and Quarry Corporation (ALQC), based in Naga City, has proposed a compromise agreement with Cebu province, seeking to reduce its dues from P1.2 billion to P211 million, the Capitol confirmed on March 4. A proposed ordinance granting Gov. Pamela Baricuatro authority to finalize the deal has been submitted to the Provincial Board (PB), which has yet to deliberate and scrutinize the matter. READ: Capitol to look into ‘illegal quarry […]... Keep on reading: Cebu cement firm seeks P200M compromise in P1.2B tax due