The Commission on Audit (COA) has required the Department of Information and Communications Technology (DICT) to account for the more than P2.6 billion fund transfers (FTs) to the Philippine International Trading Corporation (PITC) for the procurements of goods and services which have "aged" for...
More than 200 units of brand new pistols and heavy machine guns were recently acquired by the Philippine Coast Guard (PCG) to equip its personnel with enough firearms as part of its modernization efforts, it was revealed on Monday, May 29.
*(Photo courtesy of PCG)*
Adm. Artemio Abu, PCG...
Senator Imee Marcos is pressing for greater direct procurement by national government agencies as she revived her call to abolish the Procurement Service – Department of Budget and Management (PS-DBM) and the Philippine International Trading Corporation (PITC).
The direct procurement,...
Deputy Speaker and Batangas 6th District Rep. Ralph Recto placed Budget Secretary Amenah Pangandaman on the spot as he called on the newly appointed chief to include in her reforms the scrapping of the controversial procurement service of her department.
Budget Secretary Amenah Pangandaman...
Deputy Speaker and Batangas 6th District Rep. Ralph Recto on Wednesday, Aug. 10, called on President Ferdinand Marcos Jr. to dismantle the Procurement Service of the Department of Budget and Management (DBM) and the Philippine International Trading Corp. (PITC) for their involvement in anomalous...
Senators are eyeing a special provision under the proposed 2022 General Appropriations Act (GAA) that would put an end to the practice of government agencies of transferring their funds to the Department of Budget and Management’s Procurement Service (DBM-PS) and the Philippine International...
House Deputy Speaker Rufus Rodriguez is seeking passage of a bill that would abolish the Marcos regime-created Philippine International Trading Corp. (PITC).
The Cagayan de Oro City representative said the PITC, an attached agency of the Department of Trade and Industry (DTI), is also...
Finance Secretary Carlos Dominguez III did not oppose propositions for the abolition of the Department of Budget and Management's Procurement Service (DBM-PS) and the Philippine International Trading Corporation (PITC).
Finance Secretary Carlos G. Dominguez III (Presidential Photo)
The...
Commission on Audit (COA) chairman Michael Aguinaldo has expressed his backing for the calls to abolish the Philippine International Trading Corporation (PITC) and the Department of Budget and Management's Procurement Service (DBM-PS), to address issues in government procurements.
Commission on...
Senator Sherwin Gatchalian on Tuesday called for the abolition of the Philippine International Trade Corporation (PITC) and the Department of Budget and Management-Procurement Service (DBM-PS) to prevent government agencies from developing a bad habit of parking funds within these two agencies.
...
House Deputy Minority leader Carlos Isagani Zarate on Monday, September 4, scored the Bureau of Fire Protection (BFP) and the Department of the Interior and Local Government (DILG) for still having more than P4.1 billion worth of funds “parked” at the Philippine International Trading...
Senators agreed that there should be a review of the procedures in tapping the Department of Budget and Management's Procurement Service (DBM-PS) and the Philippine International Trading Corporation (PITC) for buying supplies for government agencies.
Senator Juan Edgardo 'Sonny' Angara (Senate...