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Raymond Garcia suspends new Palaro procurements pending review
CEBU CITY, Philippines — Acting Cebu City Mayor Raymond Alvin Garcia has ordered the “immediate suspension” of all new procurements related to the city’s hosting of the Palarong Pambansa 2024 in July pending a review of the proposals. Garcia said he wants to make sure that they only spend government funds on what’s needed. “Daghan.....»»
When It’s Time to Say Goodbye to That Credit Line
Credit lines can be a double-edged sword for those who are undisciplined with money. On one hand, they offer a very convenient access to funds for emergencies or purchases. On the other hand, the ease of swiping a card or making a purchase through an online-only use credit line can mask the reality that the […].....»»
Davao’s bus system still waiting for funds
As the April 30 deadline for jeepneys to consolidate for the modernized bus system has passed, is Davao City ready to roll out the buses to serve around 800,000 commuters in the city?.....»»
In Asia Pacific, rise in public debt is hurting women’s access to social services
Regular check ups, particularly those related to reproductive health, are not covered by the free services provided by village health centers, as per the Philippine law on universal health care. Fabella wishes that the government can allocate more funds for the basic services but this has not improved over the years. The post In Asia Pacific, rise in public debt is hurting women’s access to social services appeared first on Bulatlat......»»
Malacanang exec says gov’t still have funds for relief, rehab efforts
By Joann Santiago MANILA, Dec. 16 (PNA) — A Palace official on Wednesday said the government continues to have budgetary provisions to address needs of calamity victims. In a briefing, Presidential Communications........»»
Sandigan affirms Benguet ex-cashier’s 89-year sentence
The Sandiganbayan has affirmed the conviction of a former cashier of the Benguet provincial government for multiple counts of malversation of public funds over a cash shortage amounting to P4.08 million......»»
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. […].....»»
SEC formally asks NTC to block Binance
In a letter to the NTC, SEC Chairperson Emilio Aquino says Binance 'poses a threat to the security of the funds of investing Filipinos'.....»»
Rama wants state of calamity declared in Cebu City due to El Niño
CEBU CITY, Philippines – Mayor Michael Rama wants to place Cebu City under a state of calamity or a state of emergency due to the effects of the El Niño phenomenon. The declaration will allow City Hall to use government funds to assist those who are badly affected by the worsening El Niño, especially the.....»»
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......»»
DOH: P76.1B COVID-19 allowance for health workers released
These funds cover 8,549,207 claims from July 1, 2021 to July 20, 2023. .....»»
Sara Duterte decries organized demolition job against her
Vice President Sara Duterte believes she has been targeted by an “organized demolition job” based on the escalation of personal attacks against her online as well as the public’s reaction to her push for confidential funds last year......»»
NTF-Elcac seeks more funds for former ‘rebel-infested’ brgys
THE National Task Force to End Local Communist Armed Conflict (NTF-Elcac) is seeking more funding support for barangays that were formerly infiltrated or influenced by communist rebels......»»
Navel-gazing
Of course the government doesn’t have funds for wage subsidies, as suggested by pa-pogi lawmakers......»»
Sandigan affirms dismissal of forfeiture vs 3 coco levy firms
The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»
Solon wants to pause PhilHealth contributions for minimum wage earners
A lawmaker is seeking a temporary suspension of the PhilHealth premium contributions for minimum wage earners to utilize the unspent funds of the state insurer to subsidize the premiums of low-income individuals......»»
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.....»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
P450 billion unprogrammed funds challenged before SC
Minority lawmakers are asking the Supreme Court to nullify the P449.5 billion in unprogrammed allocation in the national budget, saying the amount was way above the P289.1 billion originally proposed, making it unconstitutional......»»
Project Wheelchair celebrates good food for a good cause
For the past 10 years, a special project called Project Wheelchair has been raising funds through an annual charity dinner to buy wheelchairs that would be donated to marginalized communities around the country who need them......»»