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Makati City receives COA's unmodified opinion for 8th straight year

Manila Bulletin

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June 24 2025

The City of Makati once again received the Commission on Audit's (COA) unmodified opinion for its 2024 financial statements for the eighth straight year, Makati City Mayor Abby Binay announced on Monday, June 23.

- By PATRICK GARCIA

Makati City receives COA's unmodified opinion for 8th straight year

The city government earned its very first unmodified audit opinion in 2017.

"This latest audit report from COA is another crowning glory for my administration. It is an indisputable proof of our genuine and unstinting commitment to the pillars of good governance: efficiency, transparency, and accountability," Binay said.

The latest audit result was relayed by Atty. Maria Carmina Paulita Pagayawan, Director of the Local Government Audit Sector, COA National Capital Region, in a letter to Binay.

Manila Bulletin'den DAHA FAZLA HİKAYE

Manila Bulletin

ICI now live streaming hearing on flood control scandal; Laguna solon quizzed

The Independent Commission for Infrastructure (ICI) live streamed for the first time on Tuesday, Dec. 2, a hearing on the anomalous flood control projects following nonstop pressure from officials and ordinary Filipinos alike to make its proceedings public.

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Obiena, Cray power athletics team

Five Olympians, led by Games record holder EJ Obiena, headline a lean yet formidable 61-member Philippine athletics team determined to make a statement in the 33rd Southeast Asian Games in Thailand next week.

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How to prevent sexually transmitted infections in adults

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'Where stress ends, beauty begins'

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3 mins

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PH to seal 3 free-trade agreements

The Philippines will sign at least three free trade agreements (FTAs) next year, including a historic deal with the European Union (EU), as part of the government's bid to boost the country's exports, which remain robust despite global headwinds.

time to read

3 mins

December 3, 2025

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PCSO awarded top-performing GOCC

The Philippine Charity Sweepstakes Office (PCSO) emerged as the top-performing Government-Owned and -Controlled Corporation (GOCC) for 2024 after securing the highest score in the Governance Commission for GOCCs (GCG) performance evaluation, achieving a rating of 100.63 percent, the agency announced on Monday, Dec. 2.

time to read

1 mins

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Are luxury goods worth it?

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3 mins

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COA requires mandatory GPS-based geotagging for gov't infra projects

The Commission on Audit (COA) now requires all government infrastructure projects to have GPS-based geotagging to eliminate ghost projects and ensure legitimacy of all billings made to the government.

time to read

3 mins

December 3, 2025

Manila Bulletin

Peso set for modest recovery by mid-2026

Japanese financial giant MUFG Bank Ltd. expects the Philippine peso to gradually recover next year but flagged the Bangko Sentral ng Pilipinas’ (BSP) dovish tone as a likely limit on the local currency’s winning streak against the United States (US) dollar.

time to read

1 min

December 3, 2025

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BIR orders sweeping review of LOAS, MOS

The Bureau of Internal Revenue (BIR) ordered an inventory of all pending Letters of Authority (LOAs) and Mission Orders (MOs) from regional directors, revenue district officers, and heads of audit units for immediate review.

time to read

1 min

December 3, 2025

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