استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

PCAB revokes licenses of nine Discaya-linked construction firms

September 4, 2025

|

Manila Bulletin

The Philippine Contractors Accreditation Board (PCAB) has revoked the licenses of nine construction companies linked to contractor Sarah Discaya after she admitted that the firms had been bidding against each other for lucrative government contracts.

- DEXTER BARRO II

In a board resolution made public on Wednesday, Sept. 3, PCAB cited Discaya's admission during the recent hearing of the Senate Blue Ribbon Committee as the basis for its decision.

Discaya, an invited resource person during a Senate probe into anomalous flood control projects, revealed that she has ownership and control over nine construction firms that directly engaged with the government.

The construction executive, who rose to popularity after running for and later losing the Pasig City mayoral race, told lawmakers that these firms had participated in bidding for the same infrastructure projects.

PCAB, which is also embroiled in controversy, said Discaya's statement raises the presence of collusion in what should be a competitive, but fair, bidding process.

"Employing schemes which stifle or suppress the outcome of the procurement activity in violation of licensing and procurement laws," said PCAB.

المزيد من القصص من Manila Bulletin

Manila Bulletin

DBP needs longer dividend relief to recover MIC capital

State-run Development Bank of the Philippines (DBP) will continue to seek regulatory and dividend relief for several more years as it aims to recover the capital it infused into the Maharlika Investment Corp. (MIC).

time to read

1 mins

December 2, 2025

Manila Bulletin

FLI deploys P2 B for 10 new projects

Gotianun-led Filinvest Land Inc. (FLI) reported that it has reinvested ₱1.86 billion raised from the share buyback and exchange for Filinvest REIT Corporation (FILRT) shares executed on December 11, 2024.

time to read

1 min

December 2, 2025

Manila Bulletin

Olivarez captures back-to-back Open titles

Eric Jed Olivarez further solidified his status as one of Philippine tennis' brightest stars after clinching the Mayor Edwin Olivarez National Open Tennis Championship crown for the second straight year, emphatically defeating the same opponent he swept in last year's finals.

time to read

1 min

December 2, 2025

Manila Bulletin

An indelible trademark for nat'l athletes

The design went public June last year on the track suits of Filipino athletes while in training camp in Metz for the Paris Olympics Last October, Filipino athletes at the World Games in Chengdu last August were all clad in a perked up and more colorful tracksuits and podium shirts, and the same uniforms were worn at the Asian Youth Games in Manama in October.

time to read

1 min

December 2, 2025

Manila Bulletin

Manila Bulletin

PH to miss 2025 growth target

Corruption taking heavy toll on economy

time to read

2 mins

December 2, 2025

Manila Bulletin

Angara: 2026 DepEd budget to sustain universal, targeted school feeding

Department of Education (DepEd) Secretary Sonny Angara on Monday, Dec. 1, said the 2026 budget of the DepEd will allow the agency to sustain its combined approach of universal and targeted school feeding, as lawmakers approved a significant increase to strengthen the government's efforts to curb undernutrition and support early learning.

time to read

1 mins

December 2, 2025

Manila Bulletin

Corruption scandal hits investor trust

Japanese financial giant MUFG Bank Ltd. said investors have turned pessimistic following heightened political risks, but the relative strength of the Philippine peso is buoying sentiment.

time to read

1 mins

December 2, 2025

Manila Bulletin

PNP, Informatics ink education pact to boost digital skills of cops

The Philippine National Police (PNP) said Friday, Nov. 28, that it has expanded its push for atechnology-skilled and future-ready force through a newly signed educational partnership with Informatics Philippines and PNP Foundation, Inc. (PNPFI).

time to read

1 mins

December 2, 2025

Manila Bulletin

Borrowing costs drop on S&P nod

The Marcos administration borrowed P25 billion through the sale of short-dated Treasury bills, exceeding its planned amount of P22 billion, as lower borrowing costs and a recent affirmation from debt watcher S&P Global Ratings boosted investor appetite.

time to read

2 mins

December 2, 2025

Manila Bulletin

Pag-IBIG Fund assists 3.2 million members through cash loans in Jan-Oct, up 28%

Pag-IBIG Fund helped 3.2 million Filipino workers meet their immediate financial needs through its short-term loan (STL) programs from January to October 2025, marking a 28% increase in borrowers compared to the same period last year, officials announced on Monday, Dec 1.

time to read

2 mins

December 2, 2025

Listen

Translate

Share

-
+

Change font size