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Government urged to abolish MAV system

The government should consider abolishing the minimum access volume (MAV) system as the mechanism is prone to corruption and favors only few entities, a member of the central bank’s Monetary Board (MB) said......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Sticky food inflation

Decades of incompetence and corruption at the Department of Agriculture have made food inflation rather sticky for us these days......»»

Category: financeSource:  philstarRelated NewsApr 10th, 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

DepEd exec denies corruption allegation

An official of the Department of Education has criticized alleged efforts from within the agency to discredit her following a dispute on funding for “private activities” of certain DepEd employees......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Mendoza cannot suspend Calabarzon LTO chief accused of extortion

Land Transportation Office chief Vigor Mendoza has no authority to suspend the head of the LTO in Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon), even as complaints of alleged corruption have been filed at Malacañang against the official......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

VACC: Rifles for civilians to boost defense vs China

The decision of the Philippine National Police allowing gun enthusiasts to own and register 7.62 semi-automatic rifles will boost the country’s external defense against China’s aggression, the head of the Volunteers Against Crime and Corruption said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

‘I will kill you’: Mayor Baste gives stern warning to criminals

DAVAO City Mayor Sebastian Duterte said there is no room for criminals and corruption in the city......»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Villar: Biz groups just want ease of doing business

Instead of amending the 1987 Constitution, business groups want the government to focus on the effective implementation of the ease of doing business law and addressing the problem of corruption, Sen. Cynthia Villar said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Alleged TUPAD scam in San Juan exposed

Sen. Joseph Victor Ejercito denounced yesterday the alleged corruption that depleted the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers or TUPAD program for San Juan residents......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’

“Corruption & poverty are the main reasons why we lag behind economically and politically. These problems are not created by the 1987 Constitution, but by greedy politicians who control power and money for their self-interests." The post Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 23rd, 2024

Ex-Miss Universe president Paula Shugart to sue pageant s owner over false corruption allegations

Former Miss Universe Organization (MUO) President Paula Shugart is planning to sue the pageant's Thai owner Anne Jakrajutatip after Anne allegedly made false accusations against Shugart......»»

Category: entertainmentSource:  philstarRelated NewsFeb 19th, 2024

Pasig City shuts down online gambling outlets over addiction, human trafficking

'Wala naman silang magandang naidudulot sa lipunan,' says Pasig City Mayor Vico Sotto, who also alleges corruption in the issuance of permits for gambling establishments before he took over in 2019.....»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2024

How LGUs shoo away investors

While discussing how Charter change can attract investors, my Viber group colleagues wondered if problems with LGU corruption are a bigger turnoff to investors than Constitutional restrictions on foreign investments......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Caritas Philippines hits Charter change initiative; says Constitution ‘not a political football’

DAVAO CITY (MindaNews / 12 January) – The social action arm of the Catholic Bishops Conference of the Philippines has expressed its opposition to moves to amend the 1987 Constitution and urged instead the government to “focus on strengthening basic social services, combating corruption, and implementing programs that address the plight of the poor.” In […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Subway sponsoring war - Ukraine

The US fast-food giant has provoked Kiev's ire for continuing operations in Russia   The US-based multinational fast-food franchise Subway has been added to Kiev's list of "international sponsors of war" for continuing to operate and pay taxes in Russia, Ukraine's National Corruption Prevention Agency (.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Retired generalsto BBM: Probe plunderers, stop corruption

Plundering lawmakers must be shaking in their boots......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Non-banks’ domestic claims up by 15 percent in Q4

The domestic claims of non-bank financial institutions increased by 15 percent to P9.05 trillion in the fourth quarter of 2023 from P7.87 trillion in the same quarter in 2022, based on a survey of the Bangko Sentral ng Pilipinas (BSP)......»»

Category: financeSource:  philstarRelated News13 hr. 2 min. ago

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Metrobank profit rises by 14 percent to P12 billion in Q1

Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%

BDU Unibank Inc. 2024 1st quarter earnings at P18.5B, up by 12%.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024