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SSS taps Metrobank to manage P1.5 billion fund

Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

MUP pensions, Maharlika Fund pose risks to PH economy, says new study

Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2024

Special report: Rice fund raises stakes for farmers

Five years ago, lawmakers and government officials made a promise of a lifetime: the country’s rice farmers would be competitive at long last......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Sandigan upholds Dengvaxia raps vs Garin, 4 others

The Sandiganbayan has denied motions to dismiss filed by former health secretary Janette Garin and four former and incumbent officials over the allegedly anomalous P3.556-billion dengue mass vaccination program of the Aquino administration from 2010 to 2016......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

US lawmakers stand with Philippines vs Chinese sea aggression

Visiting US lawmakers expressed their concern over China’s continued aggression in Philippine waters during their meeting with President Marcos at Malacañang yesterday......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

SEC doles out P60-M in fines for Abra Mining mess

The SEC released a statement yesterday outlining P560 million in fines relating to the illegally-issued Abra Miningshares that were sold during the basura stock craze of late FY20 and early FY21......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Sandiganbayan acquits Binay matriarch of graft, malversation

The anti-graft court acquitted former Makati City Mayor Elenita Binay of graft charges over the alleged anomalous purchase of medical equipment amounting to P9.9 million in years 2000 and 2001. .....»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

CA affirms doctor’s conviction for rape

The Court of Appeals has affirmed celebrity doctor Joel Mendez’s conviction in January 2020 for attempted rape and two counts of rape through sexual assault......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

SC affirms conviction of man caught with fake bills

The Supreme Court has upheld the conviction of a man arrested for possession and use of counterfeit Philippine peso bills......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

SC affirms lawyer’s dismissal for hiding murder case folder

The Supreme Court has upheld the dismissal from government service of a lawyer for hiding the records of the Ruby Rose Barrameda murder case in his file cabinet at Malacañang......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Rama to barangays: No aid if fire safety initiatives not done

CEBU CITY, Philippines – Cebu City Mayor Michael Rama took a bold stance on withholding yearly aid and allocations of barangays if they would fail to comply with re-blocking initiatives in communities at risk of fire.   He said that the fund in context would be sourced from the Local Development Fund (LDF).  READ: Probe.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Cebu weather: Partly cloudy to cloudy skies in the next five days 

CEBU CITY, Philippines — Metro Cebu and the rest of Cebu province will have partly cloudy to cloudy skies with isolated rainshowers due to the easterlies or localized thunderstorms in the next five days, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) in Mactan. In a weather forecast released on Saturday morning,.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Cebu weather: Generally fair in next five days says Pagasa

CEBU CITY, Philippines – Cebu weather will be generally fair with sunny skies for the next five days, Pagasa-Mactan said on its latest updates.  Engineer Al Quiblat, chief of the Philippine Atmospheric, Geophysical and Astronomical Services Administration Mactan (Pagasa-Mactan), said that Cebu will have generally fair weather with sunny skies occasionally turning partly cloudy or.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024

Cebu Daily Newscast: Tomas Osmeña threatens to sue Gwen over stoppage of CBRT works

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Tomas Osmeña threatens to sue Gwen over stoppage of CBRT works On Wednesday, former Cebu City mayor Tomas Osmeña said he might sue Cebu Governor Gwendolyn Garcia about Garcia’s call to stop the ongoing construction of the Cebu Bus Rapid Transit.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

DTCC wrests five gold medals in Manila dancesport tourney 

CEBU CITY, Philippines — The Dancesport Team Cebu City (DTCC) wrapped up the Philippine Superstar Open Dancesport Championship with five gold medals last weekend at the PhilSports Arena in Manila.  Besides the five gold medals, DTCC also earned six silver medals and two bronzes after their two-day campaign against other dancesport squads in the competition. .....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

OSANiño Exhibit: A 40-year retrospection of devotion

Celebrating 40 years of canonical existence as a province of Sto. Niño de Cebu, the Order of Saint Augustin (OSA) exhibited sacred art pieces at SM Seaside City Cebu – Cube Wing Atrium. It features religious pieces that pay homage to the religious order’s infancy, growth, and the adoration the Holy Child has garnered over.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024