COA, gov’t agencies sign MOA on intel fund use
By Michael Punongbayan | February 13, 2015 - 12:00am
The Commission on Audit (COA) has signed a circular with four government offices setting more transparent rules on the use of confidential and intelligence funds (CIF).
Headlines
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Town has to liquidate P6.3M cash advances
February 3, 2015 - 12:00am
The Commission on Audit has questioned the P6.3 million worth of cash advances incurred by Sibonga town, which has not been liquidated up to December 31, 2013.
Cebu News
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Turning VAT tax credit certificates to cash
By Lorevill S. Pinoon-Fontanilla | January 6, 2015 - 12:00am
Early this year, Executive Order (EO) No. 68-A, Series of 2014, amending EO No. 68, Series of 2012 was issued to simplify the terms of the VAT tax credit certificate (TCC) monetization program, and thereby promote...
Business
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Dumaguete LGU gets DBM circular granting bonuses for CH workers
December 5, 2014 - 12:00am
While the notice of disallowance against the granting of the productivity enhancement incentive, or PEI, to City Hall employees last year is on appeal at the Commission on Audit-Region 7, the Department of Budget...
Freeman Region
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BSP requires banks to make daily reports on UITF deals
By Kathleen A. Martin | October 25, 2014 - 12:00am
The Bangko Sentral ng Pilipinas has required banks to disclose the daily performance of their unit investment trust fund (UITF) products to better inform the clients of their funds’ activities.
Business
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COA: P15M cash advances unliquidated in Aloguinsan
September 22, 2014 - 12:00am
The cash advances granted to officers and employees in the municipality of Aloguinsan have accumulated to around P15 million as of December 31, 2013.
Cebu News
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De Lima asked to probe BI chief
By Edu Punay | August 28, 2014 - 12:00am
Justice Secretary Leila de Lima was asked yesterday to investigate Bureau of Immigration Commissioner Siegfred Mison for supposed violation of her directive involving administrative cases against BI officials and...
Metro
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LTFRB suspends steeper fines for colorum vehicles
By Reinir Padua | June 18, 2014 - 12:00am
The Land Transportation Franchising and Regulatory Board (LTFRB) has issued an order suspending for 120 days the imposition of fines for colorum or out-of-line vehicles.
Metro
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House leaders push amendments to banking laws
By Paolo Romero | June 16, 2014 - 12:00am
Leaders of the House of Representatives yesterday pushed for amendments to several banking laws and regulations to further distinguish non-stock savings and loan associations (NSSLAs) from the country’s regular...
Headlines
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No more free cell phones, load for COA auditors
By Michael Punongbayan | June 2, 2014 - 12:00am
Commission on Audit (COA) auditors can no longer ask for or receive free mobile phones and load credits from the government agencies or offices they are auditing, according to a new circular issued by the agenc...
Metro
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