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DOF: Ghost flood control projects cost PH economy over P100-B

Manila, Sept. 2 -- Finance Secretary Ralph Recto on Tuesday expressed grave concern and dismay over the reported anomalies and corruption in the Department of Public Works and Highways (DPWH) flood co... Read More


BIR serves tax audit orders to flood control contractors

Manila, Sept. 2 -- The Bureau of Internal Revenue (BIR) has served Letters of Authority (LOAs) to the country's top 15 flood control contractors during a Senate Blue Ribbon Committee hearing, formally... Read More


PAGCOR: Hacked NDRP not a list of addicted gamblers

Manila, Sept. 2 -- The Philippine Amusement and Gaming Corporation (PAGCOR) clarified that the hacked National Database of Restricted Persons (NDRP) is not a list of gambling addicts but a compilation... Read More


BSP imposes maximum penalties on erring supervisors

Manila, Sept. 2 -- The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) approved the imposition of maximum penalties in the administrative cases against two supervisors allegedly involved ... Read More


Shares fall on lack of positive catalysts, peso down

Manila, Sept. 2 -- Selling pressure continues to affect trading in the local bourse, resulting in further drop of the Philippine Stock Exchange index (PSEi) while the peso slipped against the US dolla... Read More


BOI reports P252-B worth of investments from ASEAN since 2020

Manila, Sept. 2 -- Investments from the Association of Southeast Asian Nations (ASEAN) remain strong, reaching PHP252 billion since 2020, the Board of Investments (BOI) reported Tuesday. Bulk of the ... Read More


Betting on gaming reform

Manila, Sept. 2 -- In 2022, fresh off his election win, President Ferdinand R. Marcos Jr. laid out a bold vision: to digitalize the Philippine economy and government. The goal was clear: to leverage t... Read More


Man attempts to set himself on fire in Novopavlovka village

Kyrgyzstan, Sept. 2 -- Aman doused himself with gasoline and attempted to commit an act of self-immolation in a cafe in Novopavlovka village on September 1. According to the Ministry of Emergency Sit... Read More


2 NPA members killed in Masbate clashes

Manila, Sept. 2 -- Two members of the New People's Army (NPA) were killed in a series of encounters with government forces in two barangays in Mobo, Masbate over the weekend. Maj. Frank Roldan, chief... Read More


3K cops to secure Penafrancia Festival in Naga City

Manila, Sept. 2 -- The Police Regional Office in Bicol (PRO-5) is set to deploy more than 3,000 police officers to ensure the safety of the anticipated over 1.5 million devotees, pilgrims, and tourist... Read More