The Commission on Audit (COA) has chided the officials of Maimbung town in Sulu over the incomplete documentations of awarded contracts and payments for infrastructure projects as it lamented that the issues have been "a matter of great concern for several years already." "Despite repeated...
Maynilad Water Services, Inc., the water provider of most cities in Metro Manila, has been granted by the Securities and Exchange Commission (SEC) a permit to sell its P15 billion blue bond offering. This comes after the Philippine Rating Services Corporation granted Maynilad’s blue bonds a PRS...
The Commission on Audit (COA) has denied the appeal of Catanduanes Gov. Joseph C. Cua and several other provincial officials who contested the P14.8 million disallowance on cash advances (CAs) used for intelligence and confidential (IC) activities in 2012 and 2013. On Jan. 30, 2015, the COA...
The National Telecommunications Commission (NTC) alerted the public about individuals impersonating NTC personnel or employees. The commission issued the statement on Thursday evening, June 27 after receiving a report through its Consumer Welfare and Protection Division. Photo from Pixabay Scammers...
The Commission on Audit (COA) has affirmed the notice of disallowance for P876,896.87 given by the Film Development Council of the Philippines (FDCP) to its employees for financial and health assistance during the Covid-19 pandemic. With the ruling, the COA denied the appeal filed by Mary Liza...
Senate President Pro Tempore Jinggoy Ejercito Estrada has filed a bill seeking to raise the validity period of all Professional Identification Cards (PICs) issued by the Professional Regulation Commission (PRC). From the current three-year validity, Estrada is pushing all PRC IDs to be...
System operator National Grid Corporation of the Philippines (NGCP) forthrightly stated that it can deliver more transmission projects to commercial completion if approvals of the Energy Regulatory Commission (ERC) on its cost recoveries for invested capital could be granted promptly. “With...
Leading oil industry player Petron Corporation is seeking extension from the Securities and Exchange Commission (SEC) for the shelf registration of its P50 billion worth of programmed peso fixed-rate bonds issuance. The company stated that in its disclosure to the Philippine Stock Exchange (PSE),...
The Commission on Human Rights (CHR) has cited the Quezon City Police District (QCPD) for creating the first green camp not only in Metro Manila but in the entire country with its “Project Green Camp Karingal.” The project, which was done in partnership with the Quezon City government, seeks to...
Manila 6th district Rep. Bienvenido “Benny” Abante Jr (PPAB) House Committee on Human Rights chairperson and Manila 6th district Rep. Bienvenido “Benny” Abante Jr. renewed his call to strengthen the Commission on Human Rights (CHR) by...
The Securities and Exchange Commission (SEC) has ordered six financing and lending firms to stop operations for failure to comply with requirements of the Financial Consumer Products and Services Consumer Protection Act. In a statement, the SEC said it has issued cease and desist orders (CDO)...
System operator National Grid Corporation of the Philippines (NGCP) is batting for regulatory approval on full cost recovery of its P20.94 billion investment in the newly reinforced 500-kilovolt Hermosa-San Jose transmission line, which is now supporting the wheeling of additional capacities in...