Accounting firm Isla Lipana & Co. issued a statement pointing out that it is the auditor of Maria Francesca Tan (MFT) Group of Companies, Inc. only, and not any other companies under the group. “‘Maria Francesca Tan (MFT) Group of Companies, Inc.’ is our audit client. While the name of...
Luzon and Visayas grids are having a race against time when it comes to capacity additions – that is if the country has to seriously avoid the dire consequences of threatening power crisis into these two major power grids. The Philippine Independent Power Producers Association Inc. (PIPPA)...
The Commission on Audit (COA) has scored the delay in the construction of the P316.4 million Air Traffic Control (ATC) tower building of the Clark International Airpot (CIA) in Pampanga. In its audit report, COA said that the construction of the ATC buildng was only 60.90 percent complete as of...
Senator Robinhood “Robin” Padilla renewed his call for the Senate to conduct an investigation into the continued indefinite suspension of Sonshine Media Network International (SMNI). Padilla said it is imperative to probe the possible violation of press freedom with SMNI’s...
Again, the provincial government of Eastern Samar has been flagged by the Commission on Audit (COA) in its 2023 annual audit report. Earlier, COA found that Contract of Service (COS) and Job Order (JO) personnel hired by Eastern Samar province were not only paid below the daily minimum wage,...
The Insurance Commission (IC) has reinstated the two-tiered minimum insurance premium rates for catastrophe insurance products. Based on IC Circular Letter No. 2024-11, premium rates for earthquake risks now back at 0.10 percent, while for typhoons and floods, they are set again at 0.05 percent....
The Commission on Human Rights (CHR) has lauded the Quezon City local government for its free breast cancer screening program that benefitted 22,476 women in the city's six districts. It said it received reports that of those who availed themselves of the program, 146 tested positive for breast...
TGIF is not something that electricity consumers in the Luzon grid can happily look forward to, as they will have to close the week agonizing over new threats of rotational blackouts with Luzon grid being placed on ‘red alert’ for the third time this week. On Friday morning, system operator...
Mayor Ruffy Biazon welcomed the Commission on Audit’s “unmodified opinion” for the Muntinlupa City government’s financial report for 2023. Unmodified opinion, according to COA, “is issued when the auditor concludes that the financial statements are prepared, in all material...
Senators are urging the Commission on Higher Education (CHEd) to look into the alleged sale of degrees to foreign students in Cagayan, with the prices fetching as high as P2 million. Senator Francis "Chiz" Escudero urged security analyst and founding president of the International Development and...
Commission on Elections (Comelec) Chairman George Garcia said on Thursday, April 18, that they are planning to file a motion for reconsideration (MR) on the Supreme Court's (SC) ruling on the poll body's decision to disqualify Smartmatic-TIM Corporation from the public bidding in connection...
Photo from Unsplash The Civil Service Commission (CSC) has received a pledge from the Asian Development Bank (ADB) to provide technical assistance to the Commission's digital transformation (DX) program. CSC Chairperson Karlo Nograles and Commissioner Aileen Lourdes Lizada led the kick-off meeting...
