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COA: Many anomalies in DOT during Teo s term

COA: Many anomalies in DOT during Teo s term.....»»

Category: entertainmentSource: pep pepJul 12th, 2018

Faces of the News: Wanda Tulfo-Teo

The Commission on Audit has unearthed more anomalies under the term of resigned Tourism Secretary Wanda Tulfo-Teo.   This time, Teo and former Undersecretary for Administration and Special Concerns Rolando Caizal were found to have withdrawn various merchandise --- including luxury bags and cosmetics, chocolates and kitchenware --- from the state-owned Duty Free Philippines Corp. (DFPC).   State auditors said some P2.17 million worth of goods were unlawfully deducted from the Department of Tourism's (DOT) share of Duty Free's net profits.   Another P346,446.80 worth of items pulled out were not recorded in DFPC's books.   As an attached agency ...Keep on reading: Faces of the News: Wanda Tulfo-Teo.....»»

Category: newsSource:  inquirerRelated NewsJun 30th, 2018

South Korea court gives former president 8 more years in prison

SEOUL, South Korea – Disgraced South Korean president Park Geun-hye was convicted of charges including illegally receiving funds from the country's spy agency on Friday, July 20, and given 8 more years in prison, on top of her current term. Park, the South's first female president, was impeached last year after ........»»

Category: newsSource:  rapplerRelated News4 hr. 43 min. ago

SAP: Boracay rehab to bring long-term benefits

KALIBO, AKLAN, July 20 (PIA) - Special Assistant to the President (SAP) Secretary Christopher Lawrence "Bong" Go appealed to the residents and workers in Boracay to be more patient in the ongoing reha.....»»

Category: newsSource:  manilanewsRelated News6 hr. 30 min. ago

Solon renews call to pursue renewable energy development in PHL

A lawmaker, who is a staunch advocate on environmental protection and preservation, has renewed call to scale up green initiatives and investments in renewable energy as part of a long-term solution to the growing power needs of the country and to mitigate the effects of environmental degradation and climate change. Solon renews call to pursue… link: Solon renews call to pursue renewable energy development in PHL.....»»

Category: newsSource:  manilainformerRelated News22 hr. 42 min. ago

Banks flock to short-term BSP deposits amid stubbornly high inflation

Cash-rich financial institutions bid aggressively on Wednesday for the right to lodge their funds in short-term securities of the Bangko Sentral ng Pilipinas (BSP), marking the third week that the.....»»

Category: newsSource:  philippinetimesRelated NewsJul 19th, 2018

'ABSCBNLifestyleInspo Catriona Gray: Gone With The Old, Here s My New Definition Of Beauty Queen!

Our Miss U bet speaks her mind on what the term now means.....»»

Category: lifestyleSource:  abscbnRelated NewsJul 19th, 2018

1 bedroom Condominium For Sale in Quezon City for 2,985,000 – Web reference 112846082 – Property for sale Philippines : Property24

Pre selling 1 bedroom condo unit in Quezon City by DMCI near Cloverleaf, St. Mary’s Academy, Chinese General Hospital THE CELANDINE by DMCI HOMES Location: A. Bonifacio Ave., Quezon City, NCR, 1115 PAYMENT TERM PROMO FOR 1BR: FOR AS LOW AS 11K MONTHLY 100% Cash Payment: 10% discount NO SPOT CASH DOWN PAYMENT! Payment Term:… link: 1 bedroom Condominium For Sale in Quezon City for 2,985,000 – Web reference 112846082 – Property for sale Philippines : Property24.....»»

Category: newsSource:  manilainformerRelated NewsJul 19th, 2018

Raptors will need to work some magic now after Kawhi trade

By Tim Reynolds, Associated Press Raptors boss Masai Ujiri better have some magic plan. Because if he doesn’t, Lakers boss Magic Johnson certainly will. Before Kawhi Leonard and DeMar DeRozan — the headline pieces in a four-player trade between San Antonio and Toronto on Wednesday — play a single game for their new teams, this much is clear: The Spurs got better, the Raptors are taking a gargantuan risk and the Los Angeles Lakers are going to sit back and see what happens. San Antonio essentially swapped one All-Star for another, ridded itself of a headache — the Leonard-wants-out saga — and got a first-round draft pick as well. Hard to argue. In DeRozan, Toronto traded away a guard who led the Raptors in scoring in each of the last five seasons for a player who, without hardly ever saying a word, has made clear that he wants to be in Los Angeles. A bold strategy, but if Ujiri can win over Leonard in a year just like Sam Presti and Oklahoma City did with Paul George, it could work out like gangbusters for the Raptors. And if Leonard doesn’t see the virtue in making Toronto home for the long term, the Lakers will be waiting. Remember what Johnson said earlier this offseason about the Lakers’ strategy: that it will be a two-year mission. Getting LeBron James to sign with LA earlier this month was a big part of the plan, but it wasn’t the whole plan. Phase 2 is surrounding James with superstar talent, and it’s hard to see any reason why Leonard doesn’t end up in purple and gold at some point in 2019 — whether through a trade or free agency. Leonard probably isn’t happy, but he almost certainly can’t run the risk of sitting out another year. DeRozan clearly isn’t happy. That’s no disrespect to San Antonio — the Spurs are a model franchise and Gregg Popovich is a coach almost anyone would want to play for — but DeRozan rather would have stayed in Toronto. DeRozan got plenty of support from his NBA peers, including Dwyane Wade, who told The Associated Press that he hopes this trade reminds fans that teams will do what they want when they feel it’s time to move a player — so players shouldn’t be derided when they exercise their options to move on through free agency, either. “DeRozan gave everything to Toronto, everything they asked him to do from the standpoint of loyalty,” Wade said. “That’s why I hate loyalty and sports, those two words, they shouldn’t go together. You just feel for guys and their family. He committed to them. It’s a business and you understand the business, but from a player standpoint, it just sucks.” The Spurs were never going to trade Leonard to the Lakers. It made no sense. Why would San Antonio help a fellow Western Conference team get better, especially when the best team in basketball — Golden State — seems to have a chokehold on the Larry O’Brien Trophy with no plans of letting go anytime soon? Plus, the Lakers didn’t have the sort of assets the Spurs would have wanted for an elite player like Leonard. He played in nine games for the Spurs last season and was barely a factor. DeRozan will almost certainly give San Antonio more next year than Leonard gave the Spurs last year. Hence, they just got a lot better. Boston had the required assets but apparently wasn’t willing to part with them. Philadelphia did, too. But Toronto, to its credit, saw no reason why it shouldn’t be bold this summer. Dwane Casey was the coach of the year who won 59 games and led the Raptors to the No. 1 seed in the East last season. He got fired because the Raptors never figured out how to beat James in the playoffs. The Raptors are really good. Second-best record in the regular season a year ago, behind only Houston. But they know they’re not good enough to win a title, and while they stopped short of blowing up the team they sure gave the foundation a couple of good thwacks with a wrecking ball in dumping Casey and trading DeRozan. Can Leonard get them over the hump? Maybe. If he’s healthy, he could be the best player in the Eastern Conference, largely because of the way he can take a game over on the defensive end. That’s a player worth the risk. So now we see if Ujiri can work some magic. ___ Tim Reynolds is a national basketball writer for The Associated Press. Write to him at treynolds@ap.org.....»»

Category: sportsSource:  abscbnRelated NewsJul 19th, 2018

Term deposit yields mixed as investors swarm auction

Banks continue to invest their excess liquidity in the financial system as term deposits fetched mixed yields at yesterday’s auction, the Bangko Sentral ng Pilipinas reported yesterday......»»

Category: financeSource:  philstarRelated NewsJul 18th, 2018

Uncertain times

Much has been said about the difficult period that marked the second year of President Duterte’s term......»»

Category: financeSource:  philstarRelated NewsJul 18th, 2018

Senators reject no-elections, term extension

Senators reject no-elections, term extension.....»»

Category: newsSource:  cnnphilippinesRelated NewsJul 18th, 2018

Alvarez seeks 2019 poll postponement for Charter change deliberations in Congress

SPEAKER Pantaleon Alvarez of Davao del Norte wants the 2019 mid-term elections postponed before October so that Charter Change may proceed in Congress. Alvarez issued the statement despite the latest Pulse Asia survey showing 67 percent of Filipinos were opposed to Charter Change. The Duterte administration is pushing for a federal government in which independent [...] The post Alvarez seeks 2019 poll postponement for Charter change deliberations in Congress appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 18th, 2018

Roxas City Liga polls peaceful

By: Felipe V. Celino ROXAS City, Capiz – The Liga ng mga Barangay election here on July 16, 2018 was generally peaceful due to the “no contest” scenario. Punong Barangay Virgilio “Yoyo” Santos Jr. of Talon got a fresh term as Liga president as not one of the 46 other village chiefs challenged him during their […] The post Roxas City Liga polls peaceful appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJul 18th, 2018

BSP clears PSBank’s P15-billion LTNCD offer

The Bangko Sentral ng Pilipinas has given listed Philippine Savings Bank the green light to raise as much as P15 billion from the issuance of long-term negotiable certificates of time deposits......»»

Category: financeSource:  philstarRelated NewsJul 17th, 2018

Dollars sent home by overseas Filipinos maintained uptrend in May

Dollars sent home by Filipinos abroad continued to rise in May, thanks mainly to those with long-term contracts as land-based workers and seafarers, the Bangko Sentral ng Pilipinas said on Monday......»»

Category: newsSource:  philippinetimesRelated NewsJul 17th, 2018

Palace on 2022 reelection ban: Duterte has no other motives

The final copy of the draft federal Constitution that explicitly banned President Rodrigo Duterte from running again in 2022 should allay fears of a possible term extension for the chief executive. Presidential Spokesperson Harry Roque issued this statement after Duterte's Consultative Committee (Con-com) included in the final draft of the proposed federal government that Duterte is prohibited from running again as President. READ: Duterte reelection banned in 2022 under draft federal Charter "We thank the Consultative Committee for accommodating the President's request to provide for an elected transition president," Roque said. "This should finally allay all fears that PRRD...Keep on reading: Palace on 2022 reelection ban: Duterte has no other motives.....»»

Category: newsSource:  inquirerRelated NewsJul 17th, 2018

Dollars sent home by overseas Filipinos maintain uptrend in May

Dollars sent home by Filipinos abroad continued to rise in May thanks mainly to those with long-term contracts as land-based workers and seafarers, the Bangko Sentral ng Pilipinas said on Monday. I.....»»

Category: newsSource:  philippinetimesRelated NewsJul 17th, 2018

UA& P, FMIC see two more rate hikes

Two more policy rate hikes — one possibly involving 50 basis points (bps) — could be ordered in the short-term to address rising inflation, an economist said on Monday. The University of Asia and the Pacific’s (UA&P) Bernardo Villegas said monetary authorities could be forced to be more aggressive as the Philippines was “behind the [...] The post UA&P, FMIC see two more rate hikes appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 17th, 2018

Robinsons Bank raises P1.8 billion via LTNCD issue

Gokongwei-led Robinsons Bank Corp. has raised P1.78 billion from the issuance of long-term negotiable certificates of deposits to support its expansion plans and diversify the maturity profile of its funding sources......»»

Category: financeSource:  philstarRelated NewsJul 16th, 2018

Nancy Binay to wear ‘decent terno’ in Sona

For a change, Senator Nancy Binay said she would wear a "decent" terno when she attends the President's state of the nation address (Sona) on July 23. "Hindi na ako magmumukhang mag-e-exercise (I wouldn't look like I would go out for an exercise)," Binay told reporters on Monday, "Mukha na akong kagalang-galang (I would look decent)." Asked why she wanted to look decent in this year's Sona, the senator said: "Eh kasi tapos na yung six years ko. Di ba nag-umpisa naman akong kagalang-galang? Tapusin naman nating kagalang-galang (My six-year term is ending. I started out with a decent look so I'll end it with a decent look)." Binay's first six-year term will expire in 2019 but the ...Keep on reading: Nancy Binay to wear ‘decent terno’ in Sona.....»»

Category: newsSource:  inquirerRelated NewsJul 16th, 2018