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Procurement reform: Linchpin of good governance

Manila Bulletin

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October 28, 2025

Cost-effective procurement is the antidote to misgovernance and corruption.

Procurement reform: Linchpin of good governance

The World Bank estimates that government spending on public procurement ranges between 13 to 25 percent of gross domestic product (GDP), and that up to 25 percent of the value of contracts can be lost to bribes, overpricing, kickbacks and other nuances of endemic corruption.

The cost of corruption in the Philippines is assessed as being higher; up to 40 percent of the value of procurement contracts could be siphoned off and pocketed. As tracked by the Department of Budget and Management (DBM), procurement items, as a percentage of total expenditure, have averaged 25.2 percent during the past decade.

This was the impetus for the enactment last year of the New Government Procurement Act (NGPA), Republic Act (RA) 12009 that supplanted RA 9184 and embodies provisions that promotes transparency, efficiency, accountability, and sustainability by encouraging adoption of solutions that are tailor-fit to project needs.

MEER VERHALEN VAN Manila Bulletin

Manila Bulletin

GCash assures users after 'dark web' scare

Mobile wallet giant GCash has denied reports that its users' personal data was compromised and allegedly sold on the dark web, asserting that its systems remain intact and that no data breach has occurred.

time to read

1 mins

October 28, 2025

Manila Bulletin

Vilma Santos reflects on her six-decade journey in showbiz

Star For All Seasons and Batangas Gov. Vilma Santos-Recto, fondly called \"Ate Vi\" by most, has been in the showbiz limelight since she was 10. After six decades and counting, she shows no signs of slowing down.

time to read

3 mins

October 28, 2025

Manila Bulletin

UnionBank Q3 profit rebounds

The Aboitiz Group’s Union Bank of the Philippines reported a drop in net income to P6.5 billion in the first nine months of 2025 from the P8.6 billion generated in the same period last year, partly due to higher expenses.

time to read

1 min

October 28, 2025

Manila Bulletin

Manila Bulletin

Embassy of Israel in Manila celebrates Jewish festival Sukkat

Despite a soft drizzle outside, the Embassy of Israel in Manila was filled with warmth and joy as it hosted Sukkat Shalom, a simple and heartfelt gathering that welcomed members of the media to celebrate and experience the spirit of Sukkot.

time to read

1 mins

October 28, 2025

Manila Bulletin

DND warns vs 'foreign-backed' attempts to stir political unrest

The Department of National Defense (DND) on Monday, Oct. 27, accused “foreign-backed quarters” of orchestrating efforts to circulate false narratives about supposed military intervention in politics to sow division and weaken the country’s democratic institutions.

time to read

1 min

October 28, 2025

Manila Bulletin

Israel's Deputy FM cites 'deep connection' with PH during visit

Israel’s Deputy Foreign Minister Sharren Haskel recently visited Manila as part of a historic Pacific Tour where she talked about the “deep connection” between the Philippines and Israel, including their shared values and friendship.

time to read

1 min

October 28, 2025

Manila Bulletin

High prices and corruption are intertwined

More than anything else under the sun, Filipinos are usually most bothered by the soaring prices of basic goods and services.

time to read

3 mins

October 28, 2025

Manila Bulletin

Japan's sushi legend Jiro Ono turns 100 and is not ready for retirement

Japanese sushi legend Jiro Ono won three Michelin stars for more than a decade, the world’s oldest head chef to do so. He has served the world’s dignitaries and his art of sushi was featured in an award-winning film.

time to read

2 mins

October 28, 2025

Manila Bulletin

Zambo lifters unstoppable

Cousins shine in boys division; Garra claims 3rd gold

time to read

2 mins

October 28, 2025

Manila Bulletin

Manila Bulletin

Haunting in the metro

Manila's nightlife turns supernatural with Halloween raves, escapes, and glamorous thrills

time to read

2 mins

October 28, 2025

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