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NFA ordered to submit documents on P93 million rice sale
Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»
6 cops charged before ombudsman
Six police officers in Cabiao, Nueva Ecija, including the chief of the municipal police, are facing charges before the Office of the Ombudsman for allegedly planting evidence against a social media content creator......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Osmeña opposes proposal to replace skywalks with underpasses
Osmeña opposes proposal to replace skywalks with underpasses.....»»
Rama urges DPWH to replace busted subway lamps
CEBU CITY, Philippines – Cebu City Mayor Michael Rama is urging the Department of Public Works and Highways (DPWH) to remove and replace busted lamps in the South Road Properties subway tunnel. Rama asked the DPWH to attend to the lighting of the subway tunnel immediately as there are already complaints and concerns from motorists.....»»
Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos
Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»
Ex-ombudsman hits back at GSIS management, questions deals
Former ombudsman Ma. Merceditas Gutierrez lashed back at the management of the Government Service Insurance System after the state-run pension fund manager questioned her eligibility as a member of the board of trustees......»»
‘Ex-ombudsman not qualified to sit on GSIS board’
Results of an inquiry conducted by the Government Service Insurance System (GSIS) showed that former ombudsman Ma. Merceditas Gutierrez is not qualified to be a member of its board of trustees for not being a member of the state-run insurer at the time of her appointment in April 2023......»»
CA reverses Ombudsman s dismissal order of ex-MIAA execs
In granting Chiong and Montalbo’s petition, the Court of Appeals said that it found that the Ombudsman’s decision “lack factual basis and substantial support in evidence.”.....»»
Ombudsman junks case vs suspended Tabuk City, Kalinga mayor
Tabuk City, Kalinga province Mayor Darwin Estranero will be back to work on April 1 after the case filed against him in connection to the alleged overpricing of medical equipment for his town was dismissed by the Office of the Ombudsman......»»
Ombudsman junks raps vs NBI agents sued for torture of detainees, evidence planting
Criminal and administrative charges filed against nine agents of the National Bureau of Investigation’s (NBI) Task Force Against Illegal Drugs were dismissed by the Office of the Ombudsman in a ruling on Feb. 12, 2024, received on Monday......»»
Ombudsman suspends NFA execs amid cheap rice sale probe
Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»
Anti-Kaliwa Dam priest challenges Ombudsman case dismissal
A convener of the Stop Kaliwa Dam Network filed a petition for certiorari before the Court of Appeals on Thursday, challenging the dismissal of an Ombudsman case against officials involved in the construction of the project's access road......»»
Ombudsman affirms decision to indict ex-SRA chief
The Office of the Ombudsman has affirmed its earlier decision indicting former Sugar Regulatory Administration chief Hermenegildo Serafica for the delay in the procurement of farming tools worth P5.7 million......»»
Cebu Landmasters raises P4B in preferred shares offering; plans strategic expansion
Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares......»»
Arthaland board approves P3-B preferred shares sale
The Arthaland board of directors approved a follow-on offering of up to P3 billion worth of preferred shares at P500/share......»»
PSE approves listing of GSIS-owned Alternergy preferred shares
Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»
Jollibee plans to sell up to P8-B in preferred shares
Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»