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SSS pushed P300 million into REITs in Q4

Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

EDITORIAL — Stopping ‘POGO politics’

There’s narco-politics, so it isn’t farfetched that Philippine offshore gaming operator firms have financed election campaigns and other political activities in this country. The specter of “POGO politics” is being raised as one of the arguments for the abolition in this country of all forms of offshore gaming, where funds are difficult to trace......»»

Category: newsSource:  philstarRelated NewsJun 7th, 2024

NexGen eyes ESG equity fund, GOCCs for RE projects

Initial public offering-bound NexGen Energy Corp. is eyeing to tap environmental, social and governance equity funds as well as state corporations to bankroll its renewable energy projects......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

Risk appetite

When the controversial Maharlika Investment Fund was proposed and debated in Congress, the point was made that Filipino taxpayers do not have extra funds to potentially lose in a sovereign investment fund. But the BBM administration was insistent......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

P15.5 billion calamity fund ready for El Niño

Government agencies can still tap over P15 billion in disaster funds to mitigate the impacts of El Niño, the Department of Budget and Management (DBM) said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 27th, 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

OSG calls on the court anew to reverse the acquittal of 10 human rights defenders

"Such frivolous yet retaliatory charges pursued by government counsels also show how public funds are being wastefully utilized to go after those who defend and uphold human rights.” The post OSG calls on the court anew to reverse the acquittal of 10 human rights defenders appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

MIC wants to join global network of SWF

State-run Maharlika Investment Corp. (MIC) is applying to be a member of the global network of sovereign wealth funds (SWF) in a bid to boost transparency and good governance......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Rural Missionaries of Philippines: Can we get back to our ministries?

For more than two years, the Rural Missionaries of the Philippines is unable to access their funds in the bank and use them for their mission activities......»»

Category: newsSource:  samarnewsRelated NewsFeb 18th, 2024

President Marcos: Look for new fund source for Mindanao railway

President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Radyo5, Rappler spotlight public funds used in Bagong Pilipinas rally

CHEERS TO Radyo5 and Rappler for calling the people's attention to the exorbitant cost of holding President Ferdinand Marcos Jr.'s rally on Sunday, Jan. 28, 2024.Dubbed Bagong Pilipinas (New Philippines,) the rally was described by the state-run Philippine Information.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 4th, 2024

Radyo5, Rappler spotlight public funds used in Bagong Pilipinas rally

CHEERS TO Radyo5 and Rappler for calling the people's attention to the exorbitant cost of holding President Ferdinand Marcos Jr.'s rally on Sunday, Jan. 28, 2024.Dubbed Bagong Pilipinas (New Philippines,) the rally was described by the state-run Philippine Information.....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 3rd, 2024

The Vital Role of Emergency Funds in a Business

Navigating the intricate terrain of business is akin to assembling a complex puzzle, where the significance of an emergency fund emerges as the elusive missing piece. This versatile tool stands as a stalwart guardian during uncertain times, deftly guiding enterprises through unforeseen challenges and financial quandaries. Shielding Against Financial Surprises Picture the emergency fund as […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 3rd, 2024

EDITORIAL — 115th in transparency

With the recent controversy involving secret funds for both national and local government agencies, people may question the improvement, slight as it is at just one notch, in the Philippines’ ranking in the 2023 Corruption Perceptions Index......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Prayer rally vs people s initiative set in Davao

Over 50,000 people from around the country are expected to join “One Nation, One Opposition,” a multi-sectoral prayer rally set on Sunday in Davao City to protest the use of government programs and public funds to mislead voters into signing documents intended to support amendments to the Constitution......»»

Category: newsSource:  philstarRelated NewsJan 26th, 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

ACT solon moves to probe efforts to jumpstart Cha-cha

MANILA, Philippines — A resolution seeking to investigate the reported signature-buying and the alleged use of public funds to push for constitutional reform or Charter change (Cha-cha) through the “so-called” people’s initiative (PI), has been filed in the House of Representatives. Alliance of Concerned Teachers Rep. France Castro said on Sunday that she electronically filed.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

Sara sa SC: Ibasura petisyon vs P125M intel fund

Hiniling ng kampo ni Vice President Sara Duterte sa Supreme Court (SC) na ibasura ang mga petisyon na inihain laban sa paglipat ng P125 milyon na confidential funds sa OVP noong 2022. The post Sara sa SC: Ibasura petisyon vs P125M intel fund first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 28th, 2024