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175 power projects cleared for system impact studies
A total of 175 power generation projects have been cleared by the Department of Energy to conduct system impact studies with the National Grid Corp. of the Philippines in 2023......»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
PNB asset sale seen to yield P5.4 billion
Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»
Choco Mucho joins PVL sister team Creamline as Allianz PNB Life ambassadors
Don’t be surprised if sister teams Creamline and Choco Mucho end up battling in a dream finals encore in the Premier Volleyball League, which ushers in its All-Filipino Conference on February 20 in Smart Araneta Coliseum......»»
Ombudsman sacks BFAR chief for graft
Ombudsman Samuel Martires has dismissed Bureau of Fisheries and Aquatic Resources director Demosthenes Escoto, Agriculture Secretary Francisco Tiu-Laurel Jr. confirmed yesterday......»»
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......»»
Sandigan junks ex-Palawan execs’ bid to dismiss raps
The Sandiganbayan has denied the appeal of three former provincial government officials of Palawan to be allowed to seek the early dismissal of the graft and falsification cases filed against them in connection with the alleged misuse of P1.534 billion worth of proceeds from the Malampaya gas project in 2008......»»
3 ex-NABCOR officials get 8 years for graft
The Sandiganbayan has sentenced three officials of the now defunct state firm National Agribusiness Corp. (NABCOR) to up to eight years in prison over the allegedly anomalous procurement of P95.5 million worth of post-harvest facilities and equipment in 2007 to 2008......»»
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......»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
3 TLRC execs get 26 years for ‘pork’ scam
The Sandiganbayan yesterday sentenced three ranking officials of the abolished state firm Technology and Livelihood Resource Center to serve up to 26 years in prison for graft and malversation of public funds in connection with their involvement in the “pork barrel” fund scam......»»
Palace links improved corruption index ranking to digitalization processes
The government welcomed the country's slight improvement in the 2023 Corruption Perception Index, owing it to President Ferdinand Marcos Jr.'s "efforts to streamline institutional processes and curtail opportunities for graft and corruption.".....»»
Philippine graft buster responds
You must know by now that if you’re a businessman in the Philippines, you have to shell out a lot of money to do business in our nation of 114 million......»»
Ex-Iloilo lawmaker acquitted of ‘pork’ rap
The Sandiganbayan has acquitted former Iloilo 5th District representative Rolex Suplico of a graft case in connection with the alleged misuse of his Priority Development Assistance Fund (PDAF) or pork barrel amounting P14.7 million in 2007......»»
6 taon na termino ng barangay official pinush
Imbes na tatlong taon lamang, ipinanukala ni Senadora Imee Marcos na gawing anim na taon ang termino ng mga barangay official. The post 6 taon na termino ng barangay official pinush first appeared on Abante......»»
Village official found dead after ‘visit’ by soldiers – rights group
“Eddie's daughter believed it was suicide, triggered by the non-stop threats against his father. Eddie often tells his family why the soldiers are harassing him despite being a barangay official and he knows nothing about the allegations and what the soldiers are looking for in the area." The post Village official found dead after ‘visit’ by soldiers – rights group appeared first on Bulatlat......»»
Steniel cleared for open trading after 18-year suspension
Steniel Manufacturing had its suspension lifted by the PSE and will resume trading this morning after an 18-year absence from the market......»»
New music from a ‘tortured’ Taylor Swift
Ariana Grande did it with her latest release Eternal Sunshine. I mean she cleared out the emotional baggage left by her divorce from Dalton Gomez using her music with a breakup album......»»