Senate President Pro Tempore Ralph Recto on Tuesday, August 31, asked the Department of Health (DOH) to disclose the details of its plan to buy personal protective equipment (PPE) worth P819 million next year. Senate President Pro Tempore Ralph Recto (Henzberg Austria/Senate PRIB) The DOH has...
The chairperson of the Senate economic affairs committee on Monday, August 30, sought the abolition of two big government offices whose responsibility of buying supplies for government agencies have been shrouded with reports that billions of pesos entrusted to them were unused or were spent...
Unused funds under the Philippine International Trading Corporation (PITC) and the controversial procurement service of the Department of Budget and Management (PS-DBM) should be returned to the national coffers, Senate Minority Leader Franklin Drilon said on Thursday, Aug. 26. In particular,...
Senate President Pro Tempore Ralph Recto on Tuesday, August 24, claimed that two agencies now owe the government over P63 billion for supposedly failing to deliver good and services that they were contracted to purchase. In this file photo, Senate President Pro Tempore Ralph Recto on September 14,...
The congressional inquiry into the alleged mismanagement by the Department of Health (DOH) of over P67-billion in COVID-19 funds will expand into the alleged hoarding of P11-billion in government money by the state-run Philippine International Trading Corporation (PITC). Probinsyano Ako Partylist...
The Philippine International Trading Corporation (PITC) has failed to construct a hospital for emerging and re-emerging infectious diseases despite receiving the funds for the project two years before the 2019 coronavirus disease pandemic struck. Research Institute for Tropical Medicine This was...
Government trading arm Philippine International Trading Corporation (PITC) was tagged anew as the culprit in the inability of government agencies to use of millions of pesos worth of important equipment and supplies urgently needed in the operations of said agencies. COA logo and building The...
The modernization program of the National Bureau of Investigation (NBI) has been unduly delayed by the Philippine International Trading Corporation (PITC) which has failed to deliver “state-of-the-art” equipment required by the bureau. NBI logo In its 2020 NBI Annual Audit Report that was...
Trade and Industry Secretary Ramon M. Lopez has raised the possibility of discontinuing some of the P33-billion worth of procurement projects being undertaken by the Philippine International Trading Corp. (PITC). Lopez said this at the House committee on trade and industry virtual meeting,...
The Department of Finance (DOF) ordered the Department of Trade and Industry (DTI) to return to the government coffers the P32.6 billion sitting idle in the state-owned Philippine International Trading Corp. (PITC). In a statement, Finance Secretary Carlos G. Dominguez III said he has...
Trade and Industry Secretary Ramon M. Lopez is amenable to a proposal to review the mandate of the Philippine International Trading Corp. (PITC), which is alleged to have P33 billion in “parked” funds for the procurement projects of various government agencies. Trade and Industry Secretary...
State-owned trading arm Philippine International Trading Corp. (PTC) has been tapped to procure the COVID-19 vaccines as early as before the end of this year as the government pursues negotiations with foreign manufacturers. Trade and Industry Secretary Ramon M. Lopez Trade and Industry Secretary...
