Government disbursing officers should not be allowed to retire or resign their posts without clearance for their money, property, and other accountabilities, the Commision on Audit (COA) said. This was pointed out by COA in its 2023 annual audit report on Looc town in Occidental Mindoro....
DAVAO CITY – The Department of Social Welfare and Development-Davao urged local government units to pass ordinances to address pawning of cash cards issued to beneficiaries of the Pantawid Pamilyang Pilipino Program or Conditional Cash Transfer program. Margie C. Cabido, division chief of the...
Beneficiaries are not obligated to surrender a portion of the cash aid given to them by the government to any barangay or government official for redistribution. This was a reminder issued by Department of Welfare and Social Development (DSWD) Secretary Rex Gatchalian to beneficiaries of government...
Social Welfare Secretary Rex Gatchalian said the case of a beneficiary, who was supposed to get P10,000 cash aid from the government but was only given P1,500 by their barangay officials, was an isolated incident. File photo (RTVM Screenshot) However, despite it being isolated, Gatchalian said they...
Reinforced by the company’s strategies anchored on cost management strategies and injecting efficiency across its supply chain, the first quarter financial performance of Shell Pilipinas Corporation this year leaped to P1.4 billion from P800 million within the comparative three-month stretch in...
The Department of Education (DepEd) on Wednesday, May 8, clarified that it is not giving out “cash aid” especially for graduating students. (DepEd Central Office / file photo) “It's unfortunate that there are still individuals or groups of individuals who are taking advantage of our...
The Department of Education (DepEd) has warned the public about the fake “cash assistance” programs being promoted in online posts. (DepEd / MB Visual Content Group) “Binabalaan namin ang ating mga kababayan laban sa mga kumakalat na mga post sa social media patungkol sa mga umano’y ‘cash...
President Marcos has handed over P100,000 financial assistance to seven soldiers in Maguindanao who were wounded while performing their duty. Marcos distributed the cash checks when he visited the wounded-in-action (WIA) soldiers during his visit in Maguindanao del Norte on Monday, April 29. The...
House Speaker Martin Romualdez (Speaker’s office) “Saan man kayo, aabutin kayo ng ating pamahalaan (Wherever you are, our government will reach you).” House Speaker Martin Romualdez gave this remark as he reaffirmed President Marcos’ commitment to...
In one classic finance case I took up in graduate school, an owner-manager of a small business was very pleased reviewing the positive results in the firm’s profitability metrics – net profit margin, gross profit margin, return on assets and return on equity. Noting the favorable results,...
Multinational subsidiary Shell Pilipinas Corporation closed 2023 with earnings slowing down to P1.2 billion compared to the previous year’s rosier bottom line of P4.1 billion. The company indicated that its financial performance last year still placed the company on a solid footing - propelling...
Women-beneficiaries of the cash aid from the offices of House Speaker Martin Romualdez and Tingog Party-list Rep. Yedda Marie Romualdez (Misamis Oriental Governor Peter Unabia’s Facebook) In celebration of International Women’s Month, the offices of...
