P70-B RTB sale surpasses goal 28-Mar-17, 11:55 PM | Joann Santiago, PNA

Shakey's Pizza delivers 40% net income growth in 2016 27-Mar-17, 4:06 PM |

WATCH | Aussie maker of solar jeep makes an offer to PH transport groups 28-Mar-17, 1:11 AM | Michelle Orosa-Ople, News5

Maynilad, NWRB honor 14 water champions on World Water Day 26-Mar-17, 6:11 PM |

PSBA students hold off closure of QC campus, for now means BUSINESS

MANILA – A court has stopped the closure of the Quezon City campus of Philippine School of Business Administration (PSBA).

The Quezon City Regional Trial Court last Thursday issued a temporary restraining order (TRO), preventing PSBA QC from shutting down the school and its educational programs.

Petitioners Mary Plet C. Paguio, Charllaine F. Zape and Patrick M. Lloret – all enrollees of PSBA QC – sought court intervention in early October, arguing that the closure will "cause grave injustice and irreparable injuries to petitioners since no amount of damages can restore the lost time and effort incurred by petitioners in pursuing their studies..."

"By enrolling in the school, they have entered into a reciprocal contract with the school. The school has an obligation to provide them with education sufficient to enable them to pursue higher education of a profession...The obligation being reciprocal, the school cannot just breach its obligation by serving a notice of closure to its contract as what happened in this case," the petition read.

PSBA QC was supposed to cease its operations yesterday, the end of the first semester of Academic Year 2013-2014, after its board of directors and stockholders approved a resolution to close the school because of mounting losses.

Founded in 1963, PSBA opened its second campus in Quezon City in 1981.