Sun Life, CTBC team up on PSEi feeder fund

Inquirer.net 08/23/2017

THE mutual fund arm of Sun Life of Canada has teamed up with the local unit of Taiwanese banking giant Chinatrust Commercial Bank (CTBC) to offer a fund that tracks the local stock barometer Philippine Stock Exchange…

Beyond the colors in the canvas

Agnes B. Alpuerto 07/22/2017

Is there anything more beautiful than a canvas filled with hues and shapes, which with just one glance, one would simply want to take home and hang on the wall? “There is,” Efren Enolva said. “A painting…

Cebu City offers to help fund tabal’s training

Doris C. Bongcac 06/07/2017

CEBU CITY– Should Cebuano marathon sensation Mary Joy Tabal be allowed to join in the Southeast Asian Games, the Cebu City government will make sure that she will get the training that she needs for the competition.…

Tax reform revenues, domestic loans to fund Duterte’s infra buildup

Inquirer.net 05/17/2017

MANILA — Finance Secretary Carlos G. Dominguez III reiterated on Wednesday that the Duterte administration’s planned infrastructure buildup would be funded mainly by revenue gains from comprehensive tax reform as well as local borrowings to avoid falling…

Capitol eyeing options to fund reconstruction of Baex building

Nestle L. Semilla 05/13/2017

The Cebu Provincial government is looking for three options to fund the reconstruction of Baex building that was badly damaged by the earthquake in October 2013. Governor Hilario Davide III said that during the meeting of Feasibility…

Waste treatment firm gets P120M to fund upgrade, expansion

Aileen Garcia-Yap 05/08/2017

A CEBU-BASED hospital and septage waste treatment company has secured a P120 million loan from the Development Bank of the Philippines (DBP) to finance upgrading and expansions set this year. In an interview, Pollution Abatement Systems Specialist,…

Ex-Quirino gov charged with graft in fertilizer fund scam

Inquirer.net 04/23/2017

STATE prosecutors have formally charged former Quirino governor Pedro Bacani before the Sandiganbayan for the anomalous purchase of P4.999-million worth of fertilizers in 2004. Bacani faces two counts of violation of Section 3(e) of the Anti-Graft and…

Loot, Daanbantayan dad indicted for graft, malversation of public fund

Izobelle T. Pulgo 03/24/2017

THE Office of the Ombudsman has indicted former Daanbantayan mayor Ma. Luisa Loot and incumbent Councilor Sammy Moralde for malversation of public fund and violation of the Anti-Graft and Corrupt Practices Act. Their indictment stemmed from alleged…

More convictions, not executions

Editorial 01/15/2017

A recent Pulse Asia survey which showed that eight out of 10 Filipinos approved of the Duterte administration’s campaign against criminality may either silence critics, question the survey results or determine why the bloody war against crime…

Capitol workers to get P25K each

Izobelle T. Pulgo 12/20/2016

With Christmas day just around the corner, there is all the more reason for the 1,463 employees of the Cebu Provincial Capitol to celebrate as the funds for their incentives totaling up to P25,000 each has been…

No funds for Yolanda rehab in 2017 budget, says Recto

11/13/2016

SENATE Minority Leader Ralph Recto on Friday noted the lack of explicit allocations for the rehabilitation of areas devastated by supertyphoon Yolanda in the Visayas three years ago, calling for an “itemization” of related projects under the…

DISASTER FUND USED FOR MAYOR’S CAR

Nestle L. Semilla 06/03/2016

Mike went around in a P2.2M ‘emergency response vehicle’  For nearly four months, now suspended Cebu City Mayor Michael Rama was going around in a brand new high-end vehicle that was bought using the city’s disaster fund.…

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