Consortium submits offer to build national ID system

A NEWLY-FORMED consortium has submitted an unsolicited proposal for the design and development of a national ID infrastructure system. Ayala Corp.’s AC Infrastructure Holdings, Inc., AboitizInfra Capital, Inc. and Unisys Philippines have proposed to the Philippine Statistics Authority (PSA) that they be granted a 17-year contract to “collect, store, maintain, manage, and authenticate identity information […]

The post Consortium submits offer to build national ID system appeared first on The Manila Times Online.

Read more

Diokno to House: No budget negotiations, no concessions

Diokno to House: No budget negotiations, no concessions

Budget Secretary Benjamin Diokno on Tuesday declared the cash-based appropriations system that he wanted to implement next year “nonnegotiable” and said the executive would yield nothing to the House of Representatives in a standoff over the P3.76-trillion proposed budget for 2019.

The post Diokno to House: No budget negotiations, no concessions appeared first on Inquirer News.

Read more

Lira plunge highlights EM currencies’ plight

PARIS: Much of the Turkish lira’s plight may be homegrown, but it shares some key vulnerabilities with other emerging countries whose currencies are now also plunging as fear of contagion spreads, analysts say. South Africa, Argentina, Mexico, Brazil and Russia have all seen their currencies slip over the past week because, like Turkey, they remain […]

The post Lira plunge highlights EM currencies’ plight appeared first on The Manila Times Online.

Read more

This time, it’s the Tulfos who are taken to task by senators

This time, it’s the Tulfos who are taken to task by senators

Former Tourism Secretary Wanda Tulfo-Teo and her brothers, Ben and Erwin, were told point-blank that there was conflict of interest in an advertising deal for which Ben’s media outfit earned P75.8 million from the Department of Tourism (DOT) last year.

The post This time, it’s the Tulfos who are taken to task by senators appeared first on Inquirer News.

Read more

Turkey crisis fears weigh anew on PSEi

The stock market fell further on Tuesday as investors remained anxious over the possible ripple effects of Turkey’s financial crisis. The Philippine Stock Exchange index (PSEi) dropped 1.41 percent or 107.49 points to close at 7,527.78 while the broader All Shares declined 1.16 percent or 53.61 points to finish at 4,578.92. “It’s still the pessimism […]

The post Turkey crisis fears weigh anew on PSEi appeared first on The Manila Times Online.

Read more

WHAT WENT BEFORE: Graft case vs Gwendolyn Garcia

In July 2012, the Office of the Ombudsman charged at the Sandiganbayan then Cebu Gov. Gwendolyn Garcia with two counts of graft and one count of illegal use of public funds for the purchase of a land for a housing project, which turned out to be mostly under water.

The post WHAT WENT BEFORE: Graft case vs Gwendolyn Garcia appeared first on Inquirer News.

Read more

Remulla: Sangley project to be pursued

The Cavite provincial government remains optimistic of securing approval for the proposed Sangley Point International Airport (SPIA) project, targeting the submission of a new draft agreement “very soon” after the Transportation department flagged a number of issues. The resubmission, Cavite Governor Jesus Crispin Remulla told The Manila Times, is “part of the process” as he […]

The post Remulla: Sangley project to be pursued appeared first on The Manila Times Online.

Read more

9 endangered animals taken from zoo in Rizal province

Nine endangered animals have disappeared from the country’s biggest zoo whose management took to Facebook on Tuesday to ask for help in finding them.

The post 9 endangered animals taken from zoo in Rizal province appeared first on Inquirer News.

Read more

2018 GDP goal still achievable – DoF

This year’s economic growth target can still be hit if capital formation substantially picks up in the last six months of 2018, a senior Finance department official said. Finance Undersecretary Gil Beltran told reporters that with gross domestic product (GDP) growth at a cumulative 6.3 percent in the first half, a 7.7-percent expansion is needed […]

The post 2018 GDP goal still achievable – DoF appeared first on The Manila Times Online.

Read more