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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.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024

Sandigan junks fertilizer scam case vs supplier

The Sandiganbayan has junked a fertilizer scam case against a private supplier due to the Office of the Ombudsman’s inordinate delay in its investigation......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Dismissed BFAR chief, others to face graft raps

The Office of the Ombudsman has ordered graft charges filed against former Department of Agriculture (DA) officials over the alleged irregularities in the awarding of a P2.097-billion contract to British company SRT Marine Systems Solutions Ltd. – United Kingdom (SRT-UK) in 2018......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Makati files graft raps vs 3 Taguig employees

The local government of Makati yesterday filed graft cases against three Taguig City Hall employees before the Office of the Ombudsm.....»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Sandigan acquits Elenita Binay of graft

After 11 years of legal battle, former Makati mayor Elenita Binay was acquitted yesterday of graft and malversation over the allegedly anomalous procurement of P9.9 million worth of medical equipment for the Ospital ng Makati......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

MTRCB junks SMNI appeal, extends suspension | The wRap

The wRap highlights: SMNI & MTRCB, Sara Duterte, journalists in Gaza.....»»

Category: newsSource:  rapplerRelated NewsJan 26th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Sandigan denies ex-PNP exec’s bid to junk helicopter case

The Sandiganbayan has denied a bid by former Senior Police Officer 4 Ma. Linda Padojinog to dismiss the graft case against her that stemmed from the Philippine National Police’s (PNP) purchase of allegedly overpriced, second-hand helicopters in 2009......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Dismissal of graft charges vs Blaan chieftain lauded

Blaan and T’boli tribe members in South Cotabato province were elated after the Ombudsman dismissed the corruption charges against a renowned tribal leader. He was earlier accused of mishandling of government funds, for them a landmark dispensation of justice benefiting their communities......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

SC upholds Philippines-Japan economic pact

The Supreme Court has upheld the constitutionality of the Japan-Philippines Economic Partnership Agreement, a bilateral trade and investment deal entered into by the two countries during the Arroyo administration and ratified by the Senate in 2008......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

SC overturns Comelec s dismissal of DQ petition vs Cagayan governor

In a press release on Monday, the Supreme Court En Banc granted the petition for review filed by Ma. Zarah Rose De Guzman-Lara assailed the poll body’s dismissal of her petition to disqualify the former gubernatorial candidate and the current Cagayan Governor Manuel N. Mamba from the May 2022 local elections......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Castro appeals DOJ dismissal of complaint vs Duterte

ACT Teachers party-list Rep. France Castro has asked the Department of Justice to annul the dismissal of the grave threat complaint she filed against former president Rodrigo Duterte......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Castro dismayed over dismissal of complaint vs ex-Pres Duterte

House Deputy Minority Leader and ACT Teachers Party-list Representative France Castro is dismayed over the Quezon City Prosecutor's dismissal of her complaint against former President Rodrigo Duterte......»»

Category: newsSource:  davaotodayRelated NewsJan 19th, 2024

Toledo City cop faces dismissal for allegedly robbing a cooperative

Toledo City cop faces dismissal for allegedly robbing a cooperative.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Castro dismayed over dismissal of grave threat raps vs ex-president Duterte

A progressive lawmaker is disappointed over the dismissal of a criminal complaint against former President Rodrigo Duterte due to a televised death threat......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Prince Harry loses bid to appeal UK security ruling

Prince Harry will not be allowed to appeal the downgrading of his personal security when he visits Britain......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

Content creation holds appeal for laid-off workers in U.S. seeking flexibility

Content creation holds appeal for laid-off workers in U.S. seeking flexibility.....»»

Category: newsSource:  sunstarRelated NewsApr 10th, 2024

SC sacks 3 CA employees for shabu

The Supreme Court has ordered the dismissal from the service of three Court of Appeals employees who tested positive for shabu in 2022......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024