The Securities and Exchange Commission (SEC) has approved the planned issuance of up to ₱1.6 billion worth of commercial papers by Alsons Consolidated Resources Inc. (ACR), the listed company of the Alcantara Group. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it had...
The Commission on Audit (COA) has recommended the filing of charges by the National Irrigation Administration (NIA) against contractors for delays in the implementation of irrigation contracts and projects worth P2.04 billion. The recommendation was made as COA disclosed that the delays have...
Director General Joel Joseph Marciano Jr. (Facebook) Philippine Space Agency (PhilSA) Director General Joel Joseph Marciano Jr. leads the list of 319 presidential appointees awaiting confirmation from the powerful Commission on...
The competition in the country’s free television industry has severely weakened since the non-renewal of ABS-CBN Corp.'s franchise in 2020, according to a new study by the Philippine Competition Commission (PCC). The study titled “Blocktiming Practices in the Philippine Free TV Industry.”...
The Commission on Human Rights (CHR) favored the establishment of a Forensic Institute in the country to increase the number of forensic pathologists who can help law enforcers in solving crimes and addressing human rights violations. Supported by the CHR was the passage of Senate Bill (SB) No....
The extent of postponing the first-ever Bangsamoro Autonomous Region In Muslim Mindanao (BARMM) polls is still up for discussion by the Senate and the House of Representatives in a brewing discussion of the bicameral conference committee next week. The Senate earlier approved its own version...
With the Covid-19 pandemic no longer a health issue, what would the government do with the 243 units of ultra-low temperature freezers (ULTFs) which were bought for P152 million to store the vaccines in various cold storage facilities in the country? In its audit report, the Commission on Audit...
The Commission on Human Rights (CHR), through its regional offices, has started its own probe on the reported killings of local executives and election candidates in Zamboanga del Sur and Maguindanao. The CHR acted on verified reports that a councilor from Barangay Upper Dumalinao,...
DAVAO CITY – The National Commission on Indigenous Peoples has urged the public to be vigilant against a bogus group claiming to be the legitimate representative of indigenous peoples groups in the Caraga region. The NCIP issued the statement after a group called the Federal...
Senator Juan Miguel “Migz” Zubiri welcomed the Senate’s approval on third reading of Senate Bill No. 2906, also known as the Philippine Agriculturists Act, calling it a "long overdue" recognition of the vital role of agriculturists in national development. (Senate PRIB photo) “This is a...
The Securities and Exchange Commission (SEC) reported that there are currently 16 micro-, small, and medium enterprises (MSMEs) that are interested in an initial public offering (IPO) while 358 firms are potential crowdfunding issuers. During the SEC Roadshow on Capital Formation for MSMEs and...
The Commission on Audit (COA) has flagged the Department of Public Works and Highways (DPWH) over its 13 dormant bank accounts with over P6 million in deposits as it warned that failure to properly handle the accounts might lead to misappropriation or misuse of funds. In its audit report, the COA...
