Browsing Month 'September, 2011'

MANILA — The return of President Benigno Aquino III from his four-day official working visit in Japan will depend on the status of the weather Wednesday, a Malacañang official said Tuesday. Presidential spokesperson Edwin Lacierda said the President will be updated by Science and Technology Undersecretary Graciano Yumul regarding Typhoon Pedring (international codename: Nesat). He [...]

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MALACANANG on Sunday directed the Department of Budget and Management (DBM) to resolve the issue on the reduction of judiciary’s budget for 2012. Deputy presidential spokesperson Abigail Valte said the Palace expects Budget Secretary Florencio “Butch” Abad to handle the situation as soon as he gets back to the country anytime this week. Abad is [...]

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MALACANANG on Sunday defended the reported decision of the Philippine Charity Sweepstakes Office’s (PCSO) to stop providing financial assistance to some 112 charitable institutions nationwide. “It is time for the PCSO to clean up its list to see where the funds were used and make sure that the funds reach the intended beneficiaries,” deputy presidential [...]

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MALACANANG allowed the Development Bank of the Philippines to declassify bank information of the four alleged behest loans extended by the state-run financial institution to four companies. It includes the multi-million loan granted in 2009 to Delta Ventures Resources Inc., a firm owned by former Trade Minister Roberto Ongpin. In a letter dated September 13, [...]

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