Senate President Vicente Sotto III is looking at proposing a measure that would amend existing laws to make sure that "incompetent" state officials and employees would be held accountable, especially for the mismanagement of public funds and government programs. Senate President Vicente Sotto III...
Senator Risa Hontiveros on Monday, August 30, told the Department of Budget and Management (DBM) to cease from accepting proposals from a local company allegedly linked to a financial fraud controversy in Taiwan. Senator Risa Hontiveros (Senate PRIB) “Pera ng taumbayan ang ginagamit para bayaran...
The national government has purchased an additional 10 million doses of Sinovac from China to "ensure a steady supply" of vaccines against the coronavirus disease (COVID-19), the country's vaccine czar bared Tuesday night, Aug. 24. Sec. Carlito Galvez Jr. presents updates on the country's...
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,...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government agencies. “We,...
The Commission on Audit (COA) backed President Rodrigo Duterte who ruled out corruption in the purchase by the Procurement Service (PS) of supposedly overpriced face masks and face shields last year. Facemasks face shields However, COA still faulted the agency for failing to re-sell the over...
The controversial Procurement Service (PS) under the Department of Budget and Management has kept over P10.8 billion in transferred funds for years without returning the money to the Bureau of Treasury. COA logo & HQ The Commission on Audit disclosed in the 2020 annual audit report (AAR) for...
A former budget official is willing to face a Senate inquiry following questions raised about government's procurement of certain medical supplies when the pandemic hit last year. Former Budget Undersecretary Lloyd Christopher Lao addresses issues related to the purchase of medical supplies during...
With 197 voting in the affirmative and zero negative and abstentions, the House of Representatives passed on third and final reading the bill that would authorize the stockpiling of strategic and critical drugs and other medical devices to address public health emergencies such as the on-going 2019...
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
The National Food Authority (NFA) is behind its palay procurement target for the year, but the agency’s chief is not worried at all since the overall demand for state-subsidized rice has been declining. NFA Administrator Judy Dansal said in a text exchange that for this year, the NFA is targeting...
The Philippine Pharma Procurement Inc. (PPPI), central procurement arm for all government agencies in the importation of drugs and medicines, has been absorbing huge losses in the past 14 years and was apparently untapped in the multi-billion importation of vaccines and vital pharmaceuticals needed...
