Transfer of PhilHealth reserve funds draws flak
SEN. JV Ejercito has expressed concern over the transfer of Philippine Health Insurance Corp. (PhilHealth) reserve funds to unprogrammed national government reserves.
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Press Release - Senator JV Ejercito On mobilizing unused GOCC funds for public programs
As the author and sponsor of the Universal Health Care Law, I am concerned about the transfer and utilization of the reserve funds from Philhealth to the unprogrammed fund of the national government.
DOF defends utilization of PhilHealth P89.9 billion funds
MANILA, Philippines — Utilizing excess funds of state-run corporations is a more prudent fiscal option for the government than borrowing, the Department of Finance (DOF) said in defense of its move to ask agencies to remit unused subsidies.
Bayan: SONA a waste of public funds
MANILA, Philippines — The biggest inconvenience during the annual State of the Nation Address is not the presence of activists but the administration of President Marcos for wasting public funds for the SONA, militant group Bagong Alyansang Makabayan (Bayan) said yesterday.
Sara Duterte's move to nix confidential funds an 'empty gesture' — lawmaker
MANILA, Philippines — A House lawmaker on Monday described Vice President Sara Duterte's decision to leave out confidential funds from her proposed budget in 2025 as an "empty gesture," saying that the vice president has yet to address "lingering issues of accountability" with her previous use of the secret fund.
DILG, PAOCC nagbabala sa paggamit ng pera ng POGO bilang election funds | Pilipino Star Ngayon
MANILA, Philippines — Nagbabala ang Department of the Interior and Local Government (DILG) at Presidential Anti-Organized Crime Commission (PAOCC) sa posibilidad na magamit sa susunod na halalan ang perang galing sa illegal na operasyon Philippine Offshore Gaming Operation (POGO).
Pitch contest funds climate startups
IMPACT investing is gaining traction as a tool for driving social and environmental change alongside financial returns. Priya Thachadi, chief executive officer (CEO) of Villgro Philippines and co-founder of Impact Pioneers Network, defined it as a channel of risk capital to entrepreneurs who are addressing climate change by creating solutions that «push us forward to net zero.» While traditional investments primarily focus on financial returns, impact investing «aims to generate financial, social and environmental benefits» alongside the latter.
NBI to use intel funds for ‘reward system’
MANILA, Philippines — Intelligence funds of the National Bureau of Investigation will be used to reward outstanding employees, newly appointed NBI Director Jaime Santiago announced yesterday.