Top News
BOP surplus shrinks to $82M in September
The Philippines posted a balance of payments (BOP) surplus of US$82 million in September, according to the Bangko Sentral ng Pilipinas (BSP). While positive, the figure is significantly lower than the US$3.5 billion surplus recorded in the same month last year.
Work starts on FTI Station, critical segment of PH’s largest railway project
The joint venture of Leighton Asia and First Balfour has begun construction on a vital component of the North–South Commuter Railway (NSCR), the country’s largest railway project.
GSIS reports P1.92T assets, dismisses mismanagement claims
The Government Service Insurance System (GSIS) has issued a statement defending the integrity of its governance and the performance of its leadership, reaffirming its core fiduciary duty to deliver value and security to its 1.7 million members.
DPWH undersecretary resigns amid contractor link allegations
Public Works Secretary Vince Dizon confirmed Friday the irrevocable resignation of undersecretary Arrey Perez following allegations linking him to contractors involved in flood control projects.
Court freezes bank, insurance assets linked to flood control project irregularities
The Court of Appeals (CA) has ordered the freezing of bank accounts and insurance policies held by individuals and corporations allegedly involved in anomalous flood control projects.
