The Duterte administration has substantially reduced new financing last August, taking up only about a fifth of the amount it borrowed from a year earlier, data from the Bureau of the Treasury showed. Gross borrowings only reached P117.74 billion in August which was 81 percent lower or by P495...
Krizle Mago, a pharmaceutical firm executive who went missing after testifying in the Senate against her own company, will testify again in a legislative inquiry but this time before members of the House of Representatives on Oct. 4, Monday. Krizle Mago, Pharmally executive Mago is now under the...
“Missing” Pharmally Pharmaceuticals Corp. executive Krizle Grace Mago was placed under “protective custody’ of the House of Representatives after presenting herself by her lonesome before the chamber’s sergeant-at-arms at around 6:30 pm on Friday, Oct. 1. Pharmally executive Krizle Mago...
Manila Water Co., Inc. is planning to invest P8 billion to develop and maintain the bulk water facility project it bagged under a 25-year concession agreement with the Provincial Government of Pangasinan. 36003 The Provincial Government of Pangasinan formally presented the Notice of Award to the...
Lawmakers vote to avert a possible government shutdown. (AFP/File) WASHINGTON, United States -- The US Senate announced it would vote on a stopgap funding bill Thursday to prevent a government shutdown with just hours to spare, as lawmakers stare down a number of deadlines with massive stakes for...
The nation government’s debt stock advanced at a much slower pace in August as debt repayments to foreign creditors softened the increase in domestic borrowings, data from the Bureau of the Treasury showed. The national government's outstanding obligations reached P11.642 trillion as of August...
The Pharmally Pharmaceutical Corporation officer who reportedly went “missing” after admitting to tampering the certification dates of the face shields the company delivered to the government supposedly on the orders of her superiors may be detained by the House of Representatives. Surigao del...
President Duterte has "given the cue" for legislators to create a law that would allow the executive to exercise its so-called police power over those who do not want to get vaccinated against the coronavirus disease (COVID-19). President Rodrigo Duterte listens to a presentation during the "Talk...
Controversial Pharmally Pharmaceuticals Corporation executive Krizle Grace Mago on
Tuesday, Sept. 28 vowed to do her best “to continue to cooperate” with the ongoing congressional inquiry into the alleged overpricing of COVID-19 supplies delivered by her firm to government. In a statement...
The House of Representatives on Tuesday, Sept. 28 subpoenaed Krizle Grace Mago, an executive of the embattled Pharmally Pharmaceuticals Corporation, to appear before the chamber’s Committee on Good Government and Public Accountability on October 4. Rep. Michael Edgar Aglipay Signed by Speaker...
The value of all ongoing foreign-assisted projects of the government increased by almost half last year after President Duterte augmented the country’s coronavirus response, the National Economic and Development Authority (NEDA) reported. In a statement, Socioeconomic Planning Secretary Karl...
Despite difficulties in raising revenues amid the pandemic, the national government opted to increase the amount of subsidy it extended to state-owned corporations due to mounting health insurance claims. Data from the Bureau of the Treasury revealed that the financial support extended to...
