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Learn effective utilization of government funds
Inefficient utilization of funds has been a continuous problem in the public sector, causing delays or non-implementation of government programs, projects, and activities, among others. Such issues defeat the purpose of budgeted and allocated funds that should benefit the general public......»»
Council-approved 2024 annual budget ‘ready for implementation’
Council-approved 2024 annual budget ‘ready for implementation’.....»»
Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow
CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»
Marcos approves release of P9.7 billion unprogrammed funds for DPWH projects
President Marcos has approved the release of P9.7 billion from the unprogrammed funds for public works and road repair whose original budget was slashed and included in the P60 billion in last-minute insertions in the 2024 national budget by some members of the House of Representatives......»»
2 Best Ways to Save Up for Something
Sometimes, you find yourself unable to afford something you desire. While resorting to debt might seem convenient, it’s far from ideal. Saving money is a superior alternative, albeit challenging. Often, the struggle lies in maintaining savings, as funds intended for one purpose end up diverted elsewhere. We’re all familiar with the difficulty of saving money. […].....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Suspected terror fund facilitator caught using remittance centers
Emmett Manantan of the Anti-Money Laundering Council confirmed that the suspect Myrna Mabanza used money service businesses to transfer funds to members of the Abu Sayyaf Group.....»»
Valentine’s Day tips for talking about money as a couple
NEW YORK (AP) — Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Money problems are one of the most common reasons couples separate, said Emily Simonian, head of clinical learning at Thriveworks, a mental health company......»»
Another money changer gets license revoked by BSP
The Bangko Sentral ng Pilipinas (BSP) has cancelled the registration of another money changer as the regulator continues to ramp up its campaign against illegally operating money service businesses (MSBs)......»»
For moments that matter, fast relief against sore throat is the answer
Dichlorobenzyl Alcohol Amylmetacresol (Strepsils) is formulated to provide quick and effective relief, so you never miss out. The medicated lozenge is a partner to the “stay ready, don’t get ready” type of people......»»
Inter-agency committee formed to streamline land acquisition for nat l railway projects
The government has created an inter-agency committee to standardize the process of land acquisition for the implementation of the country’s railway projects......»»
BDO funds 28 green projects from P52.7 billion bond proceeds
Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»
BDO funds projects to address water crisis
Three major projects that address water scarcity and preserve clean water resources benefited from a $100-million blue bond issuance of BDO Unibank Inc......»»
Brewing dark days ahead
Zaldarriaga credited this “bayanihan spirit” of the ILP in abating a much serious power supply shortage problem since Meralco started it ten years ago......»»
DENR cancels deal with Surigao cult over land violations
The Department of Environment and Natural Resources has terminated its agreement with the controversial Socorro Bayanihan Services Inc. due to violations of the terms governing a land grant in Surigao del Norte......»»
Gelli, Sherilyn, Patricia, Wilbert Lee sanib-pwersa sa ‘Si Manoy ang Ninong Ko’
MA-INSPIRE sa mga kuwento ng pag-asa, katatagan at modern day “bayanihan” sa bagong public service show na “Si Manoy ang Ninong Ko” simula sa Linggo, March 3, sa GMA. Magsisilbing hosts ng programa sina Gelli de Belen, Patricia Tumulak, Sherilyn Reyes-Tan, at si Manoy himself, ang dating businessman at ngayo’y isa nang public servant, Agri.....»»
Earthquake summit highlights engineering solutions, stricter policy implementation
A recent earthquake summit, organized by the Office of Civil Defense, highlighted the need for enhanced coordination mechanisms, engineering solutions alongside maximum utilization of available technologies and stricter policy implementation to strengthen the country’s preparedness......»»
‘Nothing illegal in implementation of traffic ordinances’
‘Nothing illegal in implementation of traffic ordinances’.....»»
K-10 pilot implementation receives ‘positive feedback’
K-10 pilot implementation receives ‘positive feedback’.....»»
Bacolod mayor backs balanced implementation of PUV modernization
Bacolod mayor backs balanced implementation of PUV modernization.....»»