Day: September 15, 2025

Manila: The Bureau of Internal Revenue (BIR) and the Anti-Money Laundering Council (AMLC) are set to jointly investigate firms and individuals implicated in fraudulent flood control projects. This collaboration aims to address potential tax evasion and money laundering activities associated with these projects. According to Philippines News Agency, BIR Commissioner Romeo Lumagui Jr. and AMLC Executive Director Matthew David have discussed the possibility of filing tax evasion and money laundering charges against the involved parties. The discussions took place during a meeting on September 12. Lumagui emphasized the importance of working closely with the AMLC, which can access bank transaction

Manila: Local government clearance will once again be required before national infrastructure projects are considered complete, President Ferdinand R. Marcos Jr. announced Monday, saying this safeguard was removed during the previous administration and weakened accountability on public works. According to Philippines News Agency, Marcos emphasized in a press briefing at Malaca±ang that requiring local chief executives to formally accept projects before they are declared finished is an important check against substandard outputs. ‘We are putting it back because that is one of the best safeguards that we have,’ Marcos told reporters. The President recalled his tenure as a governor, stating

Manila: Money sent home by overseas Filipinos increased by 3 percent to USD3.18 billion in July this year from USD3.08 billion in July 2024, the Bangko Sentral ng Pilipinas (BSP) reported. Data released on Monday highlighted that cash remittances from sea-based overseas Filipinos (OFs) grew at a slightly faster rate compared to those from land-based OFs. According to Philippines News Agency, remittances from sea-based workers rose by 3.1 percent to USD585 million, whereas those from land-based workers saw a 3 percent increase, reaching USD2.59 billion. For the period from January to July this year, cash remittances totaled USD19.93 billion, marking

Manila: President Ferdinand R. Marcos Jr. on Monday assured that the newly formed Independent Commission for Infrastructure (ICI) would investigate alleged anomalies in flood control projects without sparing anyone. According to Philippines News Agency, Navotas Rep. Toby Tiangco implicated the President’s cousin, House Speaker Ferdinand Martin Romualdez, and former House appropriations panel chair and Ako Bicol party-list Rep. Zaldy Co for the alleged anomalies. President Marcos emphasized that the ICI will operate without bias, ensuring no one is protected during the investigation. He stated the necessity for an independent investigation to maintain credibility. Marcos highlighted the independence of the ICI

Bulacan: The Department of Public Works and Highways (DPWH) on Monday ordered the dismissal from service of three officials from its Bulacan 1st District Engineering Office (DEO) in connection with the anomalous flood control projects in the province. According to Philippines News Agency, in a decision dated September 15, DPWH Secretary Vivencio Dizon dismissed former Assistant District Engineer Brice Ericson Hernandez, Construction Section Chief Jaypee Mendoza, and Accountant Juanito Mendoza. They were found guilty of administrative charges including “disloyalty to the Republic of the Philippines and to the Filipino People, Grave Misconduct, Gross Neglect of Duty, and Conduct Prejudicial to