We are sorry, the requested page does not exist
New DCPO chief to focus on personnel morale, asset optimization
THE Davao City Police Office (DCPO) bid farewell to PCol. Alberto Lupaz and welcomed its new City Director, PCol. Richard Bad-ang, in a turn-over ceremony at the Camp Captain Domingo E. Leonor on March 22......»»
Missing man found dead in Barangay Bonbon
CEBU CITY, Philippines — A 50-year-old man who had been missing for two weeks was found dead in Sitio Golivas, Barangay Bonbon, Cebu City. The victim was identified as Adriano Fuentes Durano, a resident of Kiniasan, Barangay Bonbon, Cebu City. Police Major Philip John Libres, chief of Malubog Police Community Precinct, stated that on Tuesday.....»»
17 killed as truck loaded with sand collides with passenger van
COTABATO CITY (MindaNews /25 March) – Seventeen persons were killed when a truck loaded with sand collided with a passenger van in Antipas, North Cotabato Monday noon. Captain Godofredo Tupas, Chief of Police of Antipas town said the collision happened along a curve at the boundary of Barangay Greenhills and Lohong at 12:48 p.m. The van […].....»»
Kaladkaren inokray-okray sa Woman of Influence award: Bakit siya?!
MAS pinahanga pa ng award-winning actress at TV5 news anchor na si Kaladkaren ang mga LGBTQIA+ community sa bago niyang award. Isa si Kaladkaren o Jervi Li sa tunay na buhay sa mga binigyan ng pagkilala bilang Woman of Influence ng Cosmopolitan Philippines kamakailan. Kasama niyang tumanggap ng naturang award sina Iza Calzado, Carla Abellana.....»»
PSA-7: Report to us if PhilSys ID not accepted
CEBU CITY, Philippines — The Philippine Statistics Authority in Central Visayas (PSA-7) urged Philippine Identification System (PhilSys) ID holders to report to the agency if some entities do not accept their IDs. PSA-7 chief administrative officer of Edwina Carriaga told CDN Digital in a phone interview that the agency is urging PhilSys ID (National ID).....»»
Kelot sinita sa ‘yosi’ timbog sa 39K shabu
BAGSAK sa kulungan ang isang lalaki nang makuhaan ng shabu makaraang masita sa paninigarilyo sa pampublikong lugar sa Caloocan City, kahapon ng madaling araw. Ayon kay Caloocan City police chief P/Col. Ruben Lacuesta, habang nagpapatrolya ang mga tauhan ng Police Sub-Station 11 sa Robes-1, Area 1, Brgy., 175, Camarin, nakita nila ang isang lalaki na ….....»»
No. 5 most wanted person, arestado sa Caloocan City
HINDI na nakalusot sa kamay ng batas ang isang mister na wanted sa kaso ng panggagahasa at pangmomolestiya nang malambat ng mga awtoridad sa ikinasang manhunt operation sa Caloocan City, kahapon ng madaling araw. Sa ulat ni Caloocan police chief P/Col. Ruben Lacuesta kay Northern Police District (NPD) Director P/BGen. Rizalito Gapas, nakatanggap ng impormasyon ….....»»
Wanted ng NPD nasakote sa caloocan
ARESTADO ang isang lalaki na nakatala bilang top 7 most wanted person sa Northern Police District (NPD) sa isinagawang manhunt operation ng pulisya sa Caloocan City, kamakalawa ng gabi. Ayon kay Caloocan police City chief P/Col. Ruben Lacuesta, nakatanggap ng impormasyon ang mga tauhan ng IDMS, Warrant and Subpoena Section (WSS) hinggil sa kinaroroonan ng ….....»»
DBP cited for good governance
The Development Bank of the Philippines (DBP) has received recognition for its exemplary corporate governance practices. The government's chief corporate regulator, the Governance Commission for GOCCs (GCG), has honored DBP with the Corporate Governance Scorecard (CGS) Hall of Fame award for consistently ranking in the top ten of the CGS ratings since 2017. DBP President and CEO, Michael O. de Jesus, highlighted the significance of this accolade, emphasizing the bank's unwavering commitment to best practices in corporate governance. Established under the GOCC Governance Act of 2011, the GCG utilizes the CGS to evaluate and assess the corporate governance initiatives of government-owned and controlled corporations. Moreover, DBP was also recognized as a Top 4 performer in the Corporate Governance Scorecard for 2022, attaining a high score of 100. De Jesus reaffirmed the bank's dedication to fortifying its corporate governance mechanisms, aligning with its core values and the national agenda for good governance. He emphasized DBP's resolve to uphold the highest standards in corporate governance, underscoring its support for the government's efforts to foster sustainable and inclusive economic growth......»»
SEC chief receives award as outstanding professional
The head of the country’s Securities and Exchange Commission has been recognized for his contributions in the field of accountancy......»»
2 tulak timbog sa P68-K shabu
SWAK sa rehas na bakal ang dalawang hinihinalang drug personalities matapos kumagat sa ikinasang buybust operation ng pulisya sa Caloocan City. Kinilala ni Caloocan City police chief P/Col. Ruben Lacuesta ang mga suspek na sina alyas Ert, 53 anyos, at alyas Mekini, 20 anyos, kapwa residente sa Brgy. 19. Batay sa ulat ni Col. Lacuesta ….....»»
Revilla recognized as most influential Filipina Woman in the World
Cheryl Cabal-Revilla, executive vice president and chief finance, risk and sustainability officer of Metro Pacific Investments Corp, and president and chief executive officer of mWell, has been honored with the prestigious “Most Influential Filipina Woman in the World” award by the Foundation for Filipina Women’s Network......»»
SM’s Steven Tan named Winshang’s 2023 International Influential Person in Shopping Centers
SM Supermalls president Steven Tan was recognized as one of Winshang’s Golden Censer Prize winners for being "The International Influential Person of the Year 2023 in Shopping Centers" at the 2023 China (International) Shopping Center Summit in Shanghai on 24 August 2023. The Golden Censer Prize is a large-scale professional recognition of China's commercial real estate and famous brands initiated by Winshang, in collaboration with mainstream industrial media, based on field research, data analysis and media surveys, among others. Tan, who assumed the role of President of SM Supermalls in 2020, has been a key figure in the growth and innovation of the mall chain in the Philippines and China. As president, he oversees mall operations in both countries, carrying forward SM's 65-year legacy of retail innovation and outstanding customer service. SM Mall of Asia Complex Under his leadership, SM Supermalls withstood the challenges of the pandemic and rebounded as the economy slowly opened up amid the global health crisis. With the guidance of the Sy family, Tan made sure that SM responded with an agile, innovative and proactive approach to cater to the needs of all stakeholders, from employees and tenants to shoppers. SM City Yangzhou SM City Sto. Tomas The mall’s strategies -- adapting the tenancy mix, creating novel reasons to attract visitors to malls, targeting new customer segments through innovative marketing and developing omnichannel services -- enabled them to gain the trust and loyalty of modern shoppers during the pandemic. Because of this, SM managed to recover and exceed pre-pandemic revenues and income by 2023. In line with their latest expansion program, SM continues to open new malls in China and the Philippines. This brings the total number of shopping centers, locally and internationally, under Tan's stewardship to 93, featuring a cumulative construction area of over 10.8 million square meters and a daily foot traffic of more than 4.2 million. The latest malls to open were SM City Yangzhou last 28 September 2023 and SM City Sto Tomas, Batangas last 27 October 2023. Tan’s exceptional efforts were also honored by various international organizations over the years. He received numerous accolades including the 2021 Asia's Most Influential by Tatler Asia, the 2022 Asia Pacific Women's Empowerment Principles Awards Leadership Commitment by United Nations Women, and the Global Filipino Executive of the Year at the Asian Chief Executive Officer Awards, just to name a few. His dedication and visionary leadership continue to shape the landscape of shopping centers and commercial real estate, not just in Asia but also across the globe. Steven Tan receives the 2023 PeopleAsia People of the Year Award. Tan shared the Winshang Golden Censer Prize with his two co-awardees, namely Powerlong Real Estate Holding’s Co-president Chen Deli, and SCE Commercial Management Holdings' chairman of the board Huang Lun. SM Supermalls is a subsidiary of SM Prime Holdings Inc., with 85 malls in the Philippines and 8 in China. The post SM’s Steven Tan named Winshang’s 2023 International Influential Person in Shopping Centers appeared first on Daily Tribune......»»
Meralco shines with int’l awards
The Manila Electric Company, or Meralco, the country’s largest distribution utility has emerged as a beacon of excellence on the global stage as it bagged multiple accolades at the recently concluded 2023 International Business Awards. At the prestigious awards ceremony held in Rome, Italy, on 13 October, Meralco was feted with a total of eight Stevies — four Gold and four Bronze awards, for its transformative programs centered on sustainability and corporate social responsibility. Embedding sustainability Recognizing the company’s dedication to embedding sustainability at the core of its strategy and operations, Meralco was the sole recipient of the Gold Stevie under the “Sustainability Leadership Award in Asia, Australia and New Zealand” category. Also taking home Gold Stevies were Meralco first vice president and chief sustainability officer Raymond B. Ravelo and Meralco vice president and chief corporate social responsibility officer Jeffrey O. Tarayao, who were named “Sustainability Hero of the Year in Asia, Australia and New Zealand” and “Thought Leader of the Year,” respectively. Ravelo was cited for his leadership of Meralco’s sustainability agenda. Tarayao, who is also president of One Meralco Foundation, was recognized for combining thought leadership with practical solutions. Compelling video Another Gold Stevie was awarded to “Meralco’s Spectrum on Solar Rooftop Installations: The Gift that Keeps on Giving,” a three-minute compelling video on sustainability and the environment underscoring the myriad benefits of investing in solar power. OMF’s community development endeavors also basked in the international spotlight after it earned for the company three Bronze Stevies for its corporate social responsibility initiatives. These were the community energization project “Electrification for Development: Improving the Lives of LastMile Filipinos” that highlighted the transformative power of electricity in unserved and underserved communities across the archipelago; the “One for Trees: Empowering People and Communities to Nurture Our Forest, a practical approach to addressing climate change; and the “Powering-Up Communities During the Pandemic” proactive communications campaign that braved the challenges of community electrification during the global crisis. Completing Meralco’s haul this year was the Bronze Stevie for #Mbrace, the company’s diversity and inclusion program advancing gender balance and inclusivity within the workplace. Also known as “the International Stevies,” the prestigious International Business Awards are the world’s premier business awards honoring achievements and positive contributions of companies and working professionals worldwide. Since its launch in 2002, the Stevie has become one of the most coveted prizes globally. The post Meralco shines with int’l awards appeared first on Daily Tribune......»»
Senators denounce China’s ‘abhorrent’ actions in WPS
Senators on Sunday condemned China for performing “dangerous blocking maneuvers” that resulted in a collision with the Unaiza May 2, an indigenous boat contracted by the Armed Forces of the Philippines for a resupply mission to the BRP Sierra Madre. In separate statements, Senate President Juan Miguel “Migz” Zubiri, Senators Risa Hontiveros, and Francis Tolentino expressed their anger over the collision that put the safety of the Filipino crew at risk. “I am one with peace-loving Filipinos in strongly condemning this latest abhorrent actions of the China Coast Guard and Chinese maritime militia that put in danger the lives of our brave countrymen who were on a routine resupply mission to our troops in Ayungin Shoal,” Zubiri said. “Let me salute our personnel from the Philippine Coast Guard (PCG) and the Armed Forces of the Philippines (AFP) for displaying courage and restraint in continuing their resupply missions despite the hostile and treacherous acts of China Coast Guard and their maritime militia,” he added. Zubiri called on CCG to “respect human lives and abide by the United Nations Convention on the Law of the Sea and other international laws governing safe maritime travel.” “Our freedom of navigation in our own exclusive economic zone within our own continental shelf should be recognized and upheld,” he stressed. The Senate chief also reiterated his support for his colleagues' efforts to beef up the PCG and AFP’s budget for the next fiscal year to “better capacitate them in safeguarding our exclusive economic zones from illegal foreign intrusions.” “As leader of the Senate, I will make sure that our troops will get sufficient funds under the 2024 national budget to bankroll the much-needed upgrade of their equipment,” he said. The National Task Force for the West Philippine Sea accused the CCG of performing "dangerous blocking maneuvers" that resulted in a collision with the Unaiza May 2, an indigenous boat contracted by the Armed Forces of the Philippines for a resupply mission to the BRP Sierra Madre. The NTF-WPS condemned the “provocative, irresponsible, and illegal action” of the China Coast Guard ship which “imperiled the safety” of the Unaiza May 2 crew. In the same resupply mission, a Chinese Maritime Militia vessel “bumped” the Philippine Coast Guard BRP Cabra’s port side which was escorting the Philippine vessels while it was lying approximately 6.4 nautical miles northeast of Ayungin Shoal. The NTF-WPS said it “condemns in the strongest degree the latest dangerous, irresponsible, and illegal actions of the CCG and the Chinese maritime militia done this morning.” ‘Enough’ Hontiveros echoed Zubiri’s call on China to “stop” its activities in the West Philippine Sea which she said clearly violates international law. “This latest collision is squarely the China Coast Guard’s fault,” she said in a separate statement. “The 2016 Arbitral Award has resolutely invalidated China’s claims in the West Philippine Sea, making this incident a clear violation of international law,” she added. Hontiveros said the PCG “has every right to be in the West Philippine Sea.” “China has no right to drive our forces into our own seas. Furthermore, they do not have the right to hurt and bump Philippine vessels that are only performing their jobs in our territories,” she stressed. “Chinese vessels have chased, blocked, and harassed our Philippine Coast Guard daily, 24/7 every single time we conduct our resupply mission to the BRP Sierra Madre,” she added. The opposition lawmaker also called on the international community to join the Philippines’ condemnation of China’s most recent violence against the Filipino people. “Our nations should not stop fighting for the rule of law. It is the only way to have a chance at true peace and stability across the region and the world,” she said. For his part, Tolentino said the recent confrontation between the Philippines and China clearly shows China’s continuous disregard for international law. He noted that the incident should be investigated by the International Convention for the Safety of Life at Sea and the Code for Investigation ng Marine Casualties and Incidents of the International Maritime Organization. Ayungin Shoal, also known as Second Thomas Shoal, is located 105 nautical miles west of Palawan and is part of the Philippines’ exclusive economic zone. China claims the vast South China Sea, including the West Philippine Sea. On 12 July 2016, the Philippines won its arbitral case against China in the Permanent Court of Arbitration – a landmark decision that China continues to reject. The post Senators denounce China’s ‘abhorrent’ actions in WPS appeared first on Daily Tribune......»»
Advancing OFWs’ welfare, protecting Filipinos abroad
Overseas Filipino Workers, or OFWs, are indeed modern-day heroes. They help boost our economy, but more importantly, they help uplift the lives of their families to give them a better future and also showcase Filipinos' talents, skills, and work ethic to the world. I was in London, United Kingdom last week for an official trip upon the invitation of the British Group Inter-Parliament Union. Led by Senate President Juan Miguel Zubiri and co-head of delegation Senator Grace Poe, we embarked on several meetings aimed at strengthening relations of the Philippine Senate with our counterparts in the UK parliament to exchange best practices in policymaking while enhancing bilateral relations, fostering economic security, exploring areas of cooperation between the two countries, and promoting the welfare of Filipinos working there. As Chair of the Senate Committee on Health and member of the Senate Committee on Foreign Relations, I also expressed my gratitude to the UK for donating vaccines during the early stages of the Covid-19 pandemic. Moreover, we thanked them for other development assistance extended by the UK to the Philippines and for their help in strengthening the Bangsamoro Region. As vice chairperson of the Senate Committee on Migrant Workers, I also maximized the visit to highlight efforts in promoting the welfare of more than 200,000 OFWs in the UK, particularly the more or less 40,000 Filipino nurses working there. We were able to raise to the UK policymakers the concerns of Filipino nurses regarding their rights to proper benefits, just compensation, and a safe working environment. We should be proud of Filipino medical frontliners in the UK, particularly nurses who are among the world’s finest. Take, for example, May Parsons, a Filipina-British nurse who became known globally for administering the first COVID-19 vaccine outside of a clinical trial and receiving the UK's George Cross Award. I have co-sponsored a Senate resolution earlier recognizing and commending her achievement. After our official meetings, I met with a group of OFWs, some of them were fellow Dabawenyos, Filipino Muslims, Ilonggos, and Ilocanos, among others. The stories they shared were proof of how resilient our OFWs are. Despite their sacrifices, homesickness, and worries about their families in their hometowns, they maintain their cheerfulness and positive outlook. I brought some good news to our OFWs by informing them about the establishment of the Department of Migrant Workers (DMW) through Republic Act No. 11641, a legislation for which I am proud to be one of the authors and co-sponsors in the Senate. This measure streamlines the organization and functions of all government agencies related to overseas employment and migration to better address the needs and concerns of migrant workers. I have also filed Senate Bill No. (SBN) 2297 to institutionalize the OFW Hospital and ensure its continuous operation in San Fernando City, Pampanga, primarily intended for OFWs and eligible dependents. More importantly, a Malasakit Center is operational there to help reduce their out-of-pocket expenses. The establishment of the DMW, the OFW Hospital, and its own Malasakit Center are just a few of our dreams that are now realities for Filipinos to benefit from. These are testaments of our commitment to promote the welfare of migrant workers and their dependents. However, we acknowledge that there is more work to be done. That is why we continue to listen to their concerns, serve them to the best of our abilities, and pursue initiatives to further their cause. I have also filed SBN 2414, which seeks to establish OFW wards in Department of Health (DOH) hospitals if enacted into law. While our efforts continue to safeguard the welfare of Filipinos abroad, our commitment to serve Filipinos facing challenges in their communities remains unwavering. This week, we had groundbreaking ceremonies for Super Health Centers in Cabadbaran City, Agusan del Norte; Brgy. Labangon in Cebu City; Pitogo, Zamboanga del Sur; and in Tigbauan, Iloilo. Through the collective efforts of DOH, LGUs, and fellow lawmakers, we continue to advocate for establishing more community health facilities to help bring public health services closer to those needing medical attention. We have also assisted 1,000 indigents in Llanera, Nueva Ecija, with the office of Cong. Jose Padiernos; 500 members from various sectors in Barangay Mintal, Davao City; 1,900 in Caloocan City, with the office of Congresswoman Mitch Cajayon-Uy. In Cebu City, we also distributed aid to 1,700 residents of the South District with Congressman Edu Rama; 450 in Nagcarlan, Laguna, with Mayor Elmor Vita and Councilor Rey Comendador; and 333 in Pulupandan, Negros Occidental, in collaboration with the Malasakit@Bayanihan group. We also aided 1,000 United Senior Citizens Association members of Quezon City, with Congresswoman Mila Magsaysay, Senator Robin Padilla, and private sector volunteer organizations. My office also extended additional aid to 93 displaced workers in Lumban, Laguna; 210 in Pilar; 217 in Carmen and Batuan in Bohol. DOLE also gave qualified beneficiaries temporary employment. We also supported 200 scholars during their TESDA Orientation in Daet, Camarines Norte. There are also 43 residents of Davao City and nine in La Paz, Agusan del Sur, who were victims of fires and 32 victims of flooding in Kalamansig, Sultan Kudarat. They were provided separate assistance and the livelihood kits they received through the DTI program, which we advocated for before and continue to support. We also supported 283 victims of past fires in Cagayan de Oro City by giving separate aid in addition to the emergency housing assistance received from the NHA through a program we pushed for so that they could buy materials like nails, roofing, and other necessities for home repairs. My office also provided immediate help to victims of recent fires, such as 50 families in Baseco, Manila City, and 11 families in Brgy. Alabang, Muntinlupa City. No one is exempt from facing life’s hardships. However, our OFWs have shown us how resilient Filipinos can be. Let us learn from them and, more importantly, do our part in uplifting their lives by advocating for their welfare, promoting their rights, protecting their families, and providing the genuine public service they deserve. The post Advancing OFWs’ welfare, protecting Filipinos abroad appeared first on Daily Tribune......»»
Abalos to LGUs: ‘Eradicate malnutrition’
Committing to his advocacy against malnutrition, Department of the Interior and Local Government Secretary Benhur Abalos on Friday urged local government units to prioritize maternal, neonatal, and child health nutrition programs in their localities. The call was made in support of the implementation of Republic Act No. 11148 or the "Kalusugan at Nutrisyon ng Mag-Nanay Act". “The right to health is a fundamental principle guaranteed by the State, and malnutrition continues to threaten this right disrupting the very future of our own children. Kaya naman napaka-importante na magsagawa ng mga hakbang ang mga LGUs para pangalagaan ang kalusugan ng mag-ina – mula sa sinapupunan hanggang sa unang 1,000 araw ng paglaki ng bata,” Abalos said. He said LGUs play a key role in the whole-of-government approach to combat malnutrition among adolescent females, pregnant and lactating women, infants, and young children and the reduction of maternal mortality and stunting in children. “I feel so strongly about this as I have advocated the same since my time as a local chief executive in Mandaluyong City. The movement against malnutrition and the welfare of pregnant and lactating women can start for all LGUs, too. Kumilos tayo laban sa malnutrisyon ng mga buntis, sanggol at mga bata,” he said. During his term as Mandaluyong City mayor, the Nutrition Honor Award, which was the highest accolade conferred by the National Nutrition Council to an LGU, was conferred to the city for three consecutive years. He was cited for his Millenium Baby Project which provided care for women and their babies and the creation of the Breast Feeding Patrol, a group of breast-feeding mothers who can be pulled during emergencies to breast-feed hungry babies. Through the DILG Memorandum Circular 2023-149 dated 12 October 2023, the DILG Secretary directed LGUs to integrate programs on nutrition for adolescent females, pregnant and lactating women, infants, and young children in their investment plans for health, prioritizing those who are nutritionally at risk. Some primary services required by the program include pregnancy tracking and regular counseling for pregnant women, breastfeeding plans and resources for postpartum and lactating women, newborn screening and vaccination for newborn babies, and nutrition counseling for children up to two years of age. Apart from LGUs, Abalos said the whole-of-government approach and delivery of services and interventions must include the participation of national government agencies, civil society organizations, and other stakeholders. He also said the law shall be implemented through rural health units and barangay health centers, in coordination with the Sangguniang Barangay, Barangay Nutrition Scholars, and Barangay Health Workers, to include health and nutrition intervention services at different life stages. The post Abalos to LGUs: ‘Eradicate malnutrition’ appeared first on Daily Tribune......»»
Ombudsman orders raps vs ex-SRA chief
The Ombudsman has ordered the filing of charges against former Sugar Regulatory Administration chief Hermenegildo Serafica for breaching the Government Procurement Reform Act over a nearly three-year delay in the procurement of farming tools. In a 21-page joint resolution, Ombudsman Samuel Martires found probable cause against Serafica for violating Section 65 (a)(2) of the law, which penalizes a public official who delays “without justifiable cause, the screening for eligibility and award of contracts beyond the prescribed period of bids or other documents.” The case stemmed from lapses in the issuance of the notice of award in the signing of the contract for the procurement of 25 units of ripper harrowers. A ripper harrower is a farm machine that rips up the soil for tilling. The complaint accused Serafica of deliberately prolonging the issuance of the Notice to Proceed with the purported intention of negotiating terms with the bidder, Super Trade Enterprises. “In this particular case, this Office cannot turn a blind eye to the three-year period it took to issue a notice to proceed,” the Ombudsman ruling read. “The delayed award, by itself, could have only amounted to Simple Neglect of Duty and Misconduct, but the protracted period to notify the supplier to proceed with the delivery of the harrows is a badge of (1) want of even the slightest care, or a conscious indifference to consequences, and (2) flagrant disregard of an established rule,” it said. Apart from the filing of charges, the Ombudsman also ordered Serafica’s perpetual disqualification from public office. Since Serafica vacated the post in 2022 following the sugar importation fiasco, the Ombudsman said he would still face the penalty of a fine equivalent to one year’s salary. Meanwhile, graft raps against Serafica were ordered dismissed. The post Ombudsman orders raps vs ex-SRA chief appeared first on Daily Tribune......»»
Charges filed against sugar chief Serafica
The Ombudsman will file criminal charges against Sugar Regulatory Administration's erstwhile chief, Hermenegildo Serafica, for breaching the Government Procurement Reform Act arising from the alleged procurement of farming tools that was delayed for nearly three years. In a 21-page joint resolution, Ombudsman Samuel Martires found probable cause to indict Serafica of the charges for violating Section 65 (a)(2) of the law, which penalizes any public official who delays "without justifiable cause, the screening for eligibility and awarding of contracts beyond the prescribed periods of bids or other documents." The case stemmed from almost three-year lapses from the issuance of the notice of the award to the signing of the contract for the procurement of 25 units of ripper harrower, which complainant Josephino Agosto argued that the prescribed timeframe for the process was limited to a mere ten days. The complaint accused Serafica of deliberately prolonging the issuance of the Notice to Proceed for nearly three years, with the purported intention of negotiating terms with the bidder, Super Trade Enterprises. "In this particular case, this Office cannot turn a blind eye on the three-year period it took to issue a notice to proceed," the Ombudsman said. "The delayed award, by itself, could have only amounted to Simple Neglect of Duty and Misconduct but the protracted period to notify the supplier to proceed with the delivery of the harrows is a badge of (1) want of even the slightest care, or a conscious indifference to consequences, and (2) flagrant disregard of an established rule," it added. Apart from filing charges, the Ombudsman also ordered Serafica's perpetual disqualification from holding public office. Since Serafica vacated the post in 2022 following the sugar importation fiasco, the Ombudsman said he would still face a penalty of fine equivalent to equivalent to one year's salary. Meanwhile, graft raps against Serafica were ordered dismissed. The post Charges filed against sugar chief Serafica appeared first on Daily Tribune......»»
Aboitiz Group bags triple Golden Arrow Awards
With a distinguished legacy spanning five generations, the Aboitiz Group remains steadfast in its commitment to fostering positive change in shaping the future as it adheres to the standards and requirements outlined in the ASEAN Corporate Governance Scorecard. This year, following the 2022 compliance period of the ACGS, Aboitiz Equity Ventures Inc. received a 4-arrow recognition after scoring 111.68 points, AEV’s highest ACGS score since the Institute of Corporate Directors inaugurated the Golden Arrow Awards in 2018. Aboitiz Power Corporation and Union Bank of the Philippines both received a 3-arrow recognition for scoring between 100 and 109 points. Consistent top performers It’s also important to note that AEV and AboitizPower have consistently been recognized as top performers in corporate governance, both here in the country and in the ASEAN region since 2013-2017 at the PSE Bell Awards. “This distinction is the result of the Aboitiz Group’s work to transform a legacy business into a hyper-innovative, diversified conglomerate that puts corporate governance and citizenship at the core of its operations. We have always believed that transparency and accountability are essential in building trust amongst our stakeholders and forging strong partnerships in order to drive change,” said Ginggay Hontiveros-Malvar, Aboitiz Group’s chief reputation and sustainability officer. AEV, the portfolio management company of the Aboitiz Group, leads investments in diverse sectors including power, banking and financial services, food, infrastructure, land, and cutting-edge fields such as data science and artificial intelligence. The Group is presently undergoing a profound transformation to establish itself as the Philippines' first "techglomerate." This innovative growth strategy, fueled by technology and a renewed entrepreneurial mindset, empowers Aboitiz to drive transformative change, shaping the future of its businesses, host communities, and the nation. The Golden Arrow Recognition serves as a testament to Aboitiz Group's unwavering commitment to upholding the highest standards of corporate governance. Aboitiz has excelled in several key areas such as compliance, sustainability, and innovation — positioning it as a frontrunner in the realm of corporate governance. This honor reflects the Group's ongoing commitment to creating value for its shareholders, stakeholders, and the broader Filipino community. Robust policies Aboitiz Group’s robust policies and procedures across every level of the organization form the bedrock of its commitment to excellence in corporate governance. Furthermore, the company's board of directors is characterized by its independence and diversity, playing a pivotal role in providing oversight and making strategic decisions aligned with the best interests of shareholders and stakeholders. Aboitiz places great emphasis on transparency, providing clear and comprehensive information regarding its financial performance, operations, and decision-making processes to ensure that shareholders and the public remain well-informed. In terms of regulatory compliance, Aboitiz is dedicated to adhering to all relevant laws, regulations, and standards related to corporate governance. The company continuously updates its policies to ensure alignment with evolving requirements. When it comes to ethical business practices, the Group's commitment to ethical conduct and integrity remains unwavering. “This award reaffirms the team’s adherence to the shared responsibility of sustainably managing the organization. This further motivates us to champion the highest corporate governance and ethical standards as we continue to grow the business,” said AboitizPower president and chief executive officer Emmanuel Rubio. “Likewise, we also exert as much effort and diligence in upholding environmental preservation and the societal good within the areas we have the privilege to serve,” he said. Corporate governance For his part, UnionBank lead independent director Roberto Manabat said, “We humbly accept this recognition as a reinforcement of the principles that guide the Bank. Our corporate governance practices reinforce the requirements of a constantly evolving business landscape. We ensure that they comply with new regulations and are ready to adopt best practices.” Aboitiz is deeply committed to sustainability and corporate social responsibility initiatives. The post Aboitiz Group bags triple Golden Arrow Awards appeared first on Daily Tribune......»»