Twenty former employees of the Veterans Memorial Medical Center (VMMC) or Veterans Golf Club (VGC) have been ordered paid by the Commission on Audit (COA) a total of P3.69 million for their accumulated vacation and sick leaves from 2004 to 2011. While 48 members of VMMC/VGC filed their petitions...
The Commission on Audit (COA) has directed Oroquieta City in Misamis Occidental to pay Limar's Medical Supplies Trading P245,917.50 for the medicines and vaccines the city government purchased in 2020. Limar's Trading, through its proprietor John-jay S. Ramil, filed a petition for money claim...
The Commission on Audit (COA) has ordered the Philippine Postal Corporation (PhilPost) to pay Filmetrics Corporation P47.2 million for the delivery and set up of the Biometric Data Service Facility (BDSF) in 2010. Filmetrics filed a petition for money claim against PhilPost due to the reported...
Smart Money, an early leader in the country's e-wallet market, is being piloted among MVP Group employees, signaling a potential return to the market and a bid to recapture lost market share. In a press briefing on Thursday, Feb. 27, Smart Communications Chief Operating Officer Anastacio Martirez...
The Philippines has successfully exited the grey list of the Financial Action Task Force (FATF) following reforms implemented by the Securities and Exchange Commission (SEC) to enhance financial integrity and transparency in the corporate sector. On the final day of the FATF plenary on Feb. 21,...
Malacañang has welcomed the country's much-wanted exit from the Financial Action Task Force (FATF) greylist , saying the development reaffirms the government's actions are aligned with international standards. File photos In a statement, Executive Secretary Lucas Bersamin said the country's exit...
ZAMBOANGA CITY – The City Peace and Order Council chaired by Mayor John Dalipe has approved a P200,000 incentive to Police Senior Master Sgt. Ryan Mariano who neutralized two lawless elements here on New Year's Eve. The incentive was approved during the City Peace and Order Council meeting...
After pulling out of the Philippines in October, foreign investors came back in November, putting money into the country's stock market and government bonds, data from the Bangko Sentral ng Pilipinas (BSP) showed. Foreign portfolio investments registered with the central bank reached $96.59 million...
Smart Money, a pioneer in the country's mobile payment sector, is making a surprise comeback after being discontinued nearly a decade ago. Launched by Smart Communications in the early 2000s, Smart Money allowed users to make cashless transactions via SMS. It competed directly with GCash, now the...
Alice Guo (left), Pastor Apollo Quiboloy (Facebook) Gabriela Women’s Party-list Rep. Arlene Brosas is pressing the Anti-Money Laundering Council (AMLC) to hasten its efforts to freeze bank accounts and other assets linked to dismissed Bamban, Tarlac Mayor...
CEBU CITY – The National Bureau of Investigation-Central Visayas (NBI-7) will file additional charges against individuals who were arrested for allegedly running an illegal Philippine Offshore Gaming Operator hub in Lapu-Lapu City, Cebu. Lawyer Rennan Oliva, chief of NBI-7, said that they plan to...
The Bureau of Internal Revenue (BIR) is gearing up to strengthen interagency cooperation and coordination to effectively combat tax evasion and money laundering. BIR Commissioner Romeo D. Lumagui Jr. said it is necessary to enhance collaboration with the Anti-Money Laundering Council (AMLC) amid...
